HomeStreet (HMST) Scheduled to Post Earnings on Monday

HomeStreet (NASDAQ:HMST) is scheduled to post its quarterly earnings results after the market closes on Monday, January 22nd. Analysts expect HomeStreet to post earnings of $0.44 per share for the quarter.

HomeStreet (NASDAQ:HMST) last issued its quarterly earnings data on Monday, October 23rd. The financial services provider reported $0.51 EPS for the quarter, beating analysts’ consensus estimates of $0.41 by $0.10. HomeStreet had a return on equity of 6.08% and a net margin of 6.68%. The firm had revenue of $134.72 million for the quarter, compared to analyst estimates of $129.90 million. During the same period in the prior year, the firm posted $1.12 EPS. On average, analysts expect HomeStreet to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

HomeStreet (NASDAQ HMST) opened at $31.35 on Friday. The company has a quick ratio of 0.73, a current ratio of 0.87 and a debt-to-equity ratio of 0.19. HomeStreet has a 1-year low of $24.00 and a 1-year high of $32.60. The company has a market capitalization of $852.23, a price-to-earnings ratio of 23.40, a price-to-earnings-growth ratio of 1.36 and a beta of 0.23.

A number of research analysts have commented on the company. B. Riley reaffirmed a “neutral” rating on shares of HomeStreet in a report on Wednesday, November 1st. BidaskClub raised HomeStreet from a “hold” rating to a “buy” rating in a report on Tuesday. ValuEngine raised HomeStreet from a “hold” rating to a “buy” rating in a report on Tuesday, September 26th. FBR & Co reaffirmed a “hold” rating and issued a $30.00 price objective on shares of HomeStreet in a report on Wednesday, October 25th. Finally, Zacks Investment Research lowered HomeStreet from a “hold” rating to a “sell” rating in a report on Wednesday, October 4th. Four analysts have rated the stock with a hold rating, two have issued a buy rating and one has given a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $30.06.

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HomeStreet Company Profile

HomeStreet, Inc is a financial services company serving customers primarily in the western United States, including Hawaii. The Company is principally engaged in real estate lending, including mortgage banking activities, and commercial and consumer banking. The Company’s operating segments include Commercial and Consumer Banking, and Mortgage Banking.

Earnings History for HomeStreet (NASDAQ:HMST)

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