DA Davidson Issues Positive Forecast for FS Bancorp (NASDAQ:FSBW) Stock Price

FS Bancorp (NASDAQ:FSBW - Free Report) had its price objective increased by DA Davidson from $41.00 to $44.00 in a research note issued to investors on Thursday morning,Benzinga reports. They currently have a neutral rating on the bank's stock. DA Davidson also issued estimates for FS Bancorp's Q3 2025 earnings at $1.09 EPS and FY2025 earnings at $4.20 EPS.

Separately, Wall Street Zen raised shares of FS Bancorp from a "sell" rating to a "hold" rating in a report on Thursday, May 22nd.

FS Bancorp Stock Performance

Shares of NASDAQ:FSBW traded down $0.74 during midday trading on Thursday, hitting $40.32. The company had a trading volume of 10,623 shares, compared to its average volume of 15,751. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.00 and a quick ratio of 0.99. The company has a market cap of $310.46 million, a price-to-earnings ratio of 9.58 and a beta of 0.71. FS Bancorp has a 12-month low of $34.61 and a 12-month high of $49.15. The company has a fifty day moving average of $39.91 and a two-hundred day moving average of $39.25.

FS Bancorp (NASDAQ:FSBW - Get Free Report) last issued its earnings results on Tuesday, July 22nd. The bank reported $0.99 earnings per share for the quarter, topping the consensus estimate of $0.97 by $0.02. The company had revenue of $37.28 million during the quarter, compared to the consensus estimate of $36.55 million. FS Bancorp had a net margin of 15.88% and a return on equity of 11.35%. On average, equities research analysts expect that FS Bancorp will post 4.26 EPS for the current fiscal year.

FS Bancorp Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, August 21st. Investors of record on Thursday, August 7th will be given a $0.28 dividend. The ex-dividend date is Thursday, August 7th. This represents a $1.12 annualized dividend and a yield of 2.78%. FS Bancorp's dividend payout ratio is currently 26.60%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Tower Research Capital LLC TRC grew its position in FS Bancorp by 354.0% in the fourth quarter. Tower Research Capital LLC TRC now owns 1,026 shares of the bank's stock worth $42,000 after acquiring an additional 800 shares in the last quarter. Copeland Capital Management LLC grew its position in FS Bancorp by 16.4% in the second quarter. Copeland Capital Management LLC now owns 1,746 shares of the bank's stock worth $69,000 after acquiring an additional 246 shares in the last quarter. Farther Finance Advisors LLC purchased a new position in FS Bancorp in the second quarter worth about $74,000. Wells Fargo & Company MN lifted its stake in FS Bancorp by 27.8% in the fourth quarter. Wells Fargo & Company MN now owns 3,909 shares of the bank's stock worth $161,000 after purchasing an additional 851 shares during the last quarter. Finally, Lazard Asset Management LLC lifted its stake in FS Bancorp by 55.5% in the fourth quarter. Lazard Asset Management LLC now owns 4,190 shares of the bank's stock worth $172,000 after purchasing an additional 1,495 shares during the last quarter. Hedge funds and other institutional investors own 63.88% of the company's stock.

About FS Bancorp

FS Bancorp, Inc operates as a bank holding company for 1st Security Bank of Washington that provides banking and financial services to local families, local and regional businesses, and industry niches. The company operates in two segments, Commercial and Consumer Banking; and Home Lending. It offers various deposit instruments, including checking accounts, money market deposit accounts, savings accounts, and certificates of deposit.