Five Star Bancorp (NASDAQ:FSBC – Get Free Report) has earned a consensus recommendation of “Moderate Buy” from the six ratings firms that are covering the stock, MarketBeat Ratings reports. Two analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 12 month target price among brokerages that have covered the stock in the last year is $42.30.
A number of equities analysts have weighed in on FSBC shares. Keefe, Bruyette & Woods upped their price objective on shares of Five Star Bancorp from $41.00 to $43.00 and gave the stock a “market perform” rating in a research report on Friday, May 1st. Weiss Ratings restated a “buy (b)” rating on shares of Five Star Bancorp in a research report on Monday, June 1st. Stephens upped their price objective on shares of Five Star Bancorp from $41.00 to $43.00 and gave the stock an “equal weight” rating in a research report on Wednesday, April 29th. Finally, DA Davidson upped their price objective on shares of Five Star Bancorp from $45.00 to $48.50 and gave the stock a “buy” rating in a research report on Wednesday, April 29th.
Check Out Our Latest Analysis on Five Star Bancorp
Insider Transactions at Five Star Bancorp
Institutional Investors Weigh In On Five Star Bancorp
Large investors have recently modified their holdings of the business. Deprince Race & Zollo Inc. grew its holdings in shares of Five Star Bancorp by 81.1% during the fourth quarter. Deprince Race & Zollo Inc. now owns 124,338 shares of the company’s stock worth $4,449,000 after buying an additional 55,698 shares in the last quarter. Kennedy Capital Management LLC grew its holdings in shares of Five Star Bancorp by 14.8% during the fourth quarter. Kennedy Capital Management LLC now owns 438,831 shares of the company’s stock worth $15,701,000 after buying an additional 56,412 shares in the last quarter. Inspire Investing LLC grew its holdings in shares of Five Star Bancorp by 348.0% during the first quarter. Inspire Investing LLC now owns 58,627 shares of the company’s stock worth $2,211,000 after buying an additional 45,541 shares in the last quarter. 1492 Capital Management LLC grew its holdings in shares of Five Star Bancorp by 33.7% during the first quarter. 1492 Capital Management LLC now owns 8,373 shares of the company’s stock worth $316,000 after buying an additional 2,110 shares in the last quarter. Finally, State of Alaska Department of Revenue grew its holdings in shares of Five Star Bancorp by 154.6% in the fourth quarter. State of Alaska Department of Revenue now owns 2,177 shares of the company’s stock valued at $77,000 after purchasing an additional 1,322 shares during the period. Hedge funds and other institutional investors own 46.94% of the company’s stock.
Five Star Bancorp Stock Performance
NASDAQ:FSBC opened at $44.76 on Wednesday. The company has a fifty day moving average of $41.30 and a two-hundred day moving average of $39.00. The stock has a market capitalization of $956.97 million, a PE ratio of 14.21 and a beta of 0.54. Five Star Bancorp has a fifty-two week low of $26.20 and a fifty-two week high of $45.20.
Five Star Bancorp (NASDAQ:FSBC – Get Free Report) last posted its quarterly earnings data on Friday, February 27th. The company reported $0.83 earnings per share for the quarter. The company had revenue of $43.47 million during the quarter. Five Star Bancorp had a net margin of 25.23% and a return on equity of 15.32%. Research analysts forecast that Five Star Bancorp will post 3.58 earnings per share for the current year.
Five Star Bancorp Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Monday, May 11th. Stockholders of record on Monday, May 4th were issued a dividend of $0.25 per share. The ex-dividend date of this dividend was Monday, May 4th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.2%. Five Star Bancorp’s dividend payout ratio is presently 31.75%.
Five Star Bancorp Company Profile
Five Star Bancorp, Inc is the bank holding company for Five Star Bank, a community-focused financial institution serving retail and commercial customers primarily in Upstate New York. Headquartered in Rochester, the company provides a range of banking and financial services designed to meet the needs of individuals, families and businesses throughout its regional footprint.
The company’s core business activities include deposit services—such as checking, savings and money market accounts—alongside consumer and mortgage lending.
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