FY2025 EPS Forecast for Five Star Bancorp Lowered by Analyst

Five Star Bancorp (NASDAQ:FSBC) – Investment analysts at DA Davidson lowered their FY2025 earnings estimates for Five Star Bancorp in a research note issued on Wednesday, April 2nd. DA Davidson analyst G. Tenner now forecasts that the company will post earnings per share of $2.62 for the year, down from their prior estimate of $2.63. DA Davidson has a “Buy” rating and a $38.50 price objective on the stock. The consensus estimate for Five Star Bancorp’s current full-year earnings is $2.63 per share.

Five Star Bancorp (NASDAQ:FSBC) last issued its quarterly earnings data on Monday, January 27th. The company reported $0.63 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.59 by $0.04. Five Star Bancorp had a return on equity of 12.89% and a net margin of 21.40%.

Other analysts also recently issued research reports about the stock. Keefe, Bruyette & Woods reduced their price target on shares of Five Star Bancorp from $37.00 to $35.00 and set a “market perform” rating on the stock in a report on Thursday, January 30th. Stephens reaffirmed an “overweight” rating and issued a $37.00 target price on shares of Five Star Bancorp in a research note on Tuesday, January 28th. Finally, Raymond James reissued an “outperform” rating and set a $35.00 price target (down previously from $38.00) on shares of Five Star Bancorp in a research report on Wednesday, January 29th.

Five Star Bancorp Stock Down 2.8 %

Five Star Bancorp stock opened at $25.27 on Friday. The firm has a market capitalization of $538.98 million, a PE ratio of 11.08 and a beta of 0.52. Five Star Bancorp has a 52 week low of $21.10 and a 52 week high of $35.13. The firm’s 50-day simple moving average is $29.57 and its 200 day simple moving average is $30.43.

Five Star Bancorp Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, February 10th. Shareholders of record on Monday, February 3rd were paid a $0.20 dividend. The ex-dividend date was Monday, February 3rd. This represents a $0.80 annualized dividend and a yield of 3.17%. Five Star Bancorp’s payout ratio is currently 35.09%.

Insider Buying and Selling at Five Star Bancorp

In related news, Director Donna Lucas bought 2,650 shares of the stock in a transaction that occurred on Thursday, March 13th. The stock was purchased at an average cost of $28.43 per share, for a total transaction of $75,339.50. Following the completion of the acquisition, the director now owns 12,076 shares in the company, valued at $343,320.68. This trade represents a 28.11 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO James Eugene Beckwith sold 4,000 shares of the stock in a transaction that occurred on Friday, February 28th. The stock was sold at an average price of $30.25, for a total transaction of $121,000.00. Following the transaction, the chief executive officer now directly owns 476,381 shares in the company, valued at approximately $14,410,525.25. This represents a 0.83 % decrease in their position. The disclosure for this sale can be found here. 25.57% of the stock is currently owned by insiders.

Institutional Trading of Five Star Bancorp

A number of institutional investors and hedge funds have recently made changes to their positions in the company. BNP Paribas Financial Markets acquired a new position in Five Star Bancorp in the fourth quarter valued at $60,000. Public Employees Retirement System of Ohio lifted its stake in shares of Five Star Bancorp by 91.5% in the 4th quarter. Public Employees Retirement System of Ohio now owns 2,987 shares of the company’s stock valued at $90,000 after purchasing an additional 1,427 shares in the last quarter. KLP Kapitalforvaltning AS purchased a new stake in shares of Five Star Bancorp during the 4th quarter worth about $108,000. Zurcher Kantonalbank Zurich Cantonalbank acquired a new stake in Five Star Bancorp during the 3rd quarter worth approximately $109,000. Finally, Intech Investment Management LLC purchased a new position in Five Star Bancorp in the fourth quarter valued at approximately $217,000. 46.94% of the stock is currently owned by institutional investors and hedge funds.

About Five Star Bancorp

Five Star Bancorp operates as the bank holding company for Five Star Bank that provides a range of banking products and services to small and medium-sized businesses, professionals, and individuals in Northern California. It accepts various deposits, such as money market accounts, noninterest-bearing and interest checking accounts, savings accounts, term certificate accounts, and time deposits.