Timberland Bancorp (NASDAQ:TSBK) Stock Passes Above Two Hundred Day Moving Average - What's Next?

Timberland Bancorp, Inc. (NASDAQ:TSBK - Get Free Report) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $37.14 and traded as high as $41.36. Timberland Bancorp shares last traded at $41.01, with a volume of 17,869 shares changing hands.

Wall Street Analysts Forecast Growth

TSBK has been the subject of several analyst reports. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Timberland Bancorp in a report on Friday, March 27th. Wall Street Zen cut Timberland Bancorp from a "buy" rating to a "hold" rating in a report on Saturday, February 14th. One investment analyst has rated the stock with a Buy rating, According to MarketBeat.com, the stock currently has a consensus rating of "Buy".

Timberland Bancorp Trading Down 1.0%

The business has a fifty day simple moving average of $39.86 and a 200-day simple moving average of $37.14. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.01 and a current ratio of 1.01. The firm has a market cap of $323.16 million, a price-to-earnings ratio of 10.49 and a beta of 0.32.

Timberland Bancorp (NASDAQ:TSBK - Get Free Report) last issued its earnings results on Thursday, April 30th. The savings and loans company reported $0.90 earnings per share (EPS) for the quarter. Timberland Bancorp had a return on equity of 11.77% and a net margin of 26.22%.The business had revenue of $20.90 million during the quarter.

Timberland Bancorp Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, May 22nd. Shareholders of record on Friday, May 8th will be given a $0.29 dividend. This represents a $1.16 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date is Friday, May 8th. Timberland Bancorp's payout ratio is 29.67%.

Institutional Investors Weigh In On Timberland Bancorp

A number of institutional investors have recently made changes to their positions in TSBK. Fourthstone LLC grew its position in shares of Timberland Bancorp by 207.5% in the 4th quarter. Fourthstone LLC now owns 109,687 shares of the savings and loans company's stock valued at $3,927,000 after buying an additional 74,011 shares during the last quarter. Gamco Investors INC. ET AL bought a new stake in shares of Timberland Bancorp in the 2nd quarter valued at about $465,000. Millennium Management LLC bought a new stake in shares of Timberland Bancorp in the 4th quarter valued at about $453,000. Royce & Associates LP grew its position in shares of Timberland Bancorp by 3.7% in the 3rd quarter. Royce & Associates LP now owns 288,914 shares of the savings and loans company's stock valued at $9,615,000 after buying an additional 10,203 shares during the last quarter. Finally, Citadel Advisors LLC bought a new stake in shares of Timberland Bancorp in the 3rd quarter valued at about $327,000. Institutional investors own 65.49% of the company's stock.

About Timberland Bancorp

Timberland Bancorp, Inc is the bank holding company for Timberland Bank, a Washington-chartered commercial bank serving individuals and businesses in southwestern Washington. The company conducts its operations through Timberland Bank, offering a range of community banking services tailored to local market needs. As a publicly traded company on the NASDAQ under the symbol TSBK, Timberland Bancorp focuses on delivering personalized financial solutions while maintaining a community-oriented approach.

Timberland Bank's core products include deposit accounts such as checking, savings and money market accounts, certificates of deposit and retirement accounts.

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