Fifth District Bancorp (NASDAQ:FDSB - Get Free Report)'s stock had its "sell (d)" rating reiterated by investment analysts at Weiss Ratings in a research report issued on Wednesday,Weiss Ratings reports.
Fifth District Bancorp Price Performance
Shares of Fifth District Bancorp stock opened at $13.68 on Wednesday. The firm has a market cap of $76.06 million, a P/E ratio of 26.82 and a beta of 0.56. Fifth District Bancorp has a twelve month low of $10.40 and a twelve month high of $15.64. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.03 and a current ratio of 1.03. The firm's 50-day simple moving average is $13.63 and its 200-day simple moving average is $12.80.
Fifth District Bancorp (NASDAQ:FDSB - Get Free Report) last released its quarterly earnings results on Tuesday, August 12th. The company reported $0.61 EPS for the quarter. The firm had revenue of $6.87 million for the quarter. Fifth District Bancorp had a net margin of 10.10% and a return on equity of 2.01%.
Fifth District Bancorp declared that its board has approved a share buyback plan on Monday, August 25th that permits the company to repurchase $550,000.00 in outstanding shares. This repurchase authorization permits the company to purchase up to 0.7% of its stock through open market purchases. Stock repurchase plans are typically an indication that the company's leadership believes its shares are undervalued.
Hedge Funds Weigh In On Fifth District Bancorp
A number of large investors have recently modified their holdings of the stock. Arcus Capital Partners LLC lifted its position in shares of Fifth District Bancorp by 9.5% during the second quarter. Arcus Capital Partners LLC now owns 13,304 shares of the company's stock worth $164,000 after purchasing an additional 1,149 shares in the last quarter. TruWealth Advisors LLC acquired a new position in shares of Fifth District Bancorp during the third quarter worth approximately $484,000. Finally, Fourthstone LLC acquired a new position in shares of Fifth District Bancorp during the second quarter worth approximately $1,128,000.
Fifth District Bancorp Company Profile
(
Get Free Report)
Fifth District Bancorp, Inc is the holding company for Fifth District Savings Bank which provide all banking services. Fifth District Bancorp, Inc is based in NEW ORLEANS.
Recommended Stories
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Fifth District Bancorp, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Fifth District Bancorp wasn't on the list.
While Fifth District Bancorp currently has a Sell rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of ten stocks that are set to soar in Fall 2025, despite the threat of tariffs and other economic uncertainty. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
