Timberland Bancorp (NASDAQ:TSBK) Shares Cross Above Two Hundred Day Moving Average – Should You Sell?
by Amy Steele · The Cerbat GemTimberland Bancorp, Inc. (NASDAQ:TSBK – Get Free Report)’s share price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $37.72 and traded as high as $41.16. Timberland Bancorp shares last traded at $40.16, with a volume of 24,071 shares traded.
Wall Street Analysts Forecast Growth
A number of equities research analysts have recently commented on TSBK shares. Wall Street Zen cut shares of Timberland Bancorp from a “buy” rating to a “hold” rating in a report on Saturday, February 14th. Weiss Ratings reissued a “buy (b)” rating on shares of Timberland Bancorp in a report on Friday, March 27th. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat, the stock has a consensus rating of “Buy”.
View Our Latest Stock Analysis on TSBK
Timberland Bancorp Trading Down 1.2%
The company has a fifty day moving average of $40.14 and a two-hundred day moving average of $37.72. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 0.07. The stock has a market capitalization of $314.45 million, a price-to-earnings ratio of 10.27 and a beta of 0.32.
Timberland Bancorp (NASDAQ:TSBK – Get Free Report) last announced its quarterly earnings data on Thursday, April 30th. The savings and loans company reported $0.90 earnings per share (EPS) for the quarter. The company had revenue of $20.90 million for the quarter. Timberland Bancorp had a net margin of 26.22% and a return on equity of 11.67%.
Timberland Bancorp Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Friday, May 22nd. Stockholders of record on Friday, May 8th were paid a dividend of $0.29 per share. This represents a $1.16 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date was Friday, May 8th. Timberland Bancorp’s payout ratio is 29.67%.
Institutional Investors Weigh In On Timberland Bancorp
Hedge funds have recently added to or reduced their stakes in the company. Fourthstone LLC increased its position in Timberland Bancorp by 207.5% during the 4th quarter. Fourthstone LLC now owns 109,687 shares of the savings and loans company’s stock worth $3,927,000 after purchasing an additional 74,011 shares during the period. Gamco Investors INC. ET AL acquired a new stake in shares of Timberland Bancorp in the 2nd quarter valued at approximately $465,000. Millennium Management LLC purchased a new stake in shares of Timberland Bancorp in the fourth quarter valued at approximately $453,000. Royce & Associates LP boosted its stake in shares of Timberland Bancorp by 3.7% in the third 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 in the last quarter. Finally, Citadel Advisors LLC acquired a new position in Timberland Bancorp during the third quarter worth $327,000. Institutional investors and hedge funds own 65.49% of the company’s stock.
Timberland Bancorp Company Profile
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.