Five Star Bancorp (NASDAQ:FSBC) Given “Buy” Rating at DA Davidson

DA Davidson reissued their buy rating on shares of Five Star Bancorp (NASDAQ:FSBC) in a research note released on Thursday,Benzinga reports. DA Davidson currently has a $38.50 price objective on the stock. DA Davidson also issued estimates for Five Star Bancorp’s Q1 2025 earnings at $0.61 EPS.

Several other research analysts also recently commented on the stock. Raymond James reiterated an “outperform” rating and issued a $35.00 target price (down previously from $38.00) on shares of Five Star Bancorp in a report on Wednesday. Keefe, Bruyette & Woods dropped their target price 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. Finally, Stephens reiterated an “overweight” rating and issued a $37.00 target price on shares of Five Star Bancorp in a report on Tuesday.

Five Star Bancorp Trading Down 0.9 %

Five Star Bancorp stock opened at $30.60 on Thursday. The company has a market capitalization of $652.39 million, a P/E ratio of 13.42 and a beta of 0.48. The firm’s fifty day simple moving average is $31.20 and its 200-day simple moving average is $30.08. Five Star Bancorp has a 1-year low of $21.10 and a 1-year high of $35.13.

Five Star Bancorp (NASDAQ:FSBC) last released its quarterly earnings results on Monday, January 27th. The company reported $0.63 earnings per share for the quarter, beating analysts’ consensus estimates of $0.59 by $0.04. Five Star Bancorp had a net margin of 21.40% and a return on equity of 12.89%. On average, equities research analysts predict that Five Star Bancorp will post 2.64 earnings per share for the current year.

Five Star Bancorp Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, February 10th. Stockholders of record on Monday, February 3rd will be issued a dividend of $0.20 per share. The ex-dividend date of this dividend is Monday, February 3rd. This represents a $0.80 annualized dividend and a dividend yield of 2.61%. Five Star Bancorp’s payout ratio is 35.09%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in FSBC. Zurcher Kantonalbank Zurich Cantonalbank bought a new position in shares of Five Star Bancorp during the 3rd quarter worth about $109,000. SG Americas Securities LLC bought a new position in shares of Five Star Bancorp during the 3rd quarter worth about $182,000. PDT Partners LLC acquired a new stake in shares of Five Star Bancorp during the 3rd quarter valued at about $244,000. Inspire Investing LLC acquired a new stake in shares of Five Star Bancorp during the 3rd quarter valued at about $414,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in shares of Five Star Bancorp by 25.5% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 22,435 shares of the company’s stock valued at $667,000 after acquiring an additional 4,564 shares in the last quarter. Institutional investors own 46.94% of the company’s stock.

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.