Timberland Bancorp (NASDAQ:TSBK) Stock Crosses Above Two Hundred Day Moving Average – What’s Next?

Timberland Bancorp, Inc. (NASDAQ:TSBK) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $39.41 and traded as high as $45.64. Timberland Bancorp shares last traded at $45.40, with a volume of 49,477 shares traded.

Analyst Ratings Changes

Separately, Weiss Ratings restated a “buy (b)” rating on shares of Timberland Bancorp in a research report on Wednesday, June 24th. One research analyst has rated the stock with a Buy rating, According to MarketBeat.com, Timberland Bancorp currently has a consensus rating of “Buy”.

Timberland Bancorp Price Performance

The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 0.07. The firm has a market cap of $349.77 million, a P/E ratio of 11.42 and a beta of 0.31. The company has a fifty day moving average price of $41.55 and a two-hundred day moving average price of $39.46.

Timberland Bancorp (NASDAQ:TSBK) last posted its earnings results on Thursday, April 30th. The savings and loans company reported $0.90 earnings per share (EPS) for the quarter. The business had revenue of $20.90 million during the quarter. Timberland Bancorp had a return on equity of 11.67% and a net margin of 26.22%.

Timberland Bancorp Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 22nd. Stockholders of record on Friday, May 8th were given a dividend of $0.29 per share. The ex-dividend date of this dividend was Friday, May 8th. This represents a $1.16 annualized dividend and a dividend yield of 2.6%. Timberland Bancorp’s dividend payout ratio is currently 29.67%.

Insider Activity at Timberland Bancorp

In related news, Director David Alan Smith sold 1,000 shares of the firm’s stock in a transaction on Tuesday, June 23rd. The shares were sold at an average price of $43.90, for a total transaction of $43,900.00. Following the sale, the director directly owned 18,468 shares in the company, valued at $810,745.20. This trade represents a 5.14% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 3.60% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Timberland Bancorp

Large investors have recently added to or reduced their stakes in the company. EverSource Wealth Advisors LLC raised its stake in shares of Timberland Bancorp by 20,325.0% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 817 shares of the savings and loans company’s stock valued at $25,000 after purchasing an additional 813 shares during the period. Strs Ohio bought a new position in shares of Timberland Bancorp during the first quarter worth about $33,000. Raymond James Financial Inc. bought a new position in shares of Timberland Bancorp during the second quarter worth about $62,000. Tower Research Capital LLC TRC raised its position in Timberland Bancorp by 610.2% in the 2nd quarter. Tower Research Capital LLC TRC now owns 2,024 shares of the savings and loans company’s stock valued at $63,000 after buying an additional 1,739 shares during the last quarter. Finally, BNP Paribas Financial Markets raised its position in Timberland Bancorp by 230.3% in the 3rd quarter. BNP Paribas Financial Markets now owns 3,329 shares of the savings and loans company’s stock valued at $111,000 after buying an additional 2,321 shares during the last quarter. Institutional investors 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.