Equities analysts predict that Home Bancorp, Inc. (NASDAQ:HBCP) will report $25.03 million in sales for the current fiscal quarter, Zacks Investment Research reports. Two analysts have made estimates for Home Bancorp’s earnings, with the highest sales estimate coming in at $25.15 million and the lowest estimate coming in at $24.90 million. Home Bancorp posted sales of $18.80 million during the same quarter last year, which suggests a positive year over year growth rate of 33.1%. The business is expected to report its next quarterly earnings results on Tuesday, April 24th.
According to Zacks, analysts expect that Home Bancorp will report full-year sales of $25.03 million for the current fiscal year, with estimates ranging from $101.50 million to $101.99 million. For the next year, analysts expect that the firm will post sales of $102.90 million per share, with estimates ranging from $101.80 million to $104.00 million. Zacks’ sales calculations are a mean average based on a survey of sell-side analysts that cover Home Bancorp.
Home Bancorp (NASDAQ:HBCP) last posted its quarterly earnings data on Tuesday, January 30th. The bank reported $0.84 earnings per share for the quarter, beating analysts’ consensus estimates of $0.63 by $0.21. Home Bancorp had a net margin of 21.08% and a return on equity of 10.82%. The firm had revenue of $22.71 million for the quarter, compared to analyst estimates of $19.33 million.
Home Bancorp (NASDAQ:HBCP) traded down $0.83 during trading hours on Monday, reaching $39.80. 13,200 shares of the company were exchanged, compared to its average volume of 15,592. Home Bancorp has a 1 year low of $32.52 and a 1 year high of $47.20. The company has a current ratio of 0.99, a quick ratio of 0.98 and a debt-to-equity ratio of 0.34. The stock has a market cap of $381.74, a price-to-earnings ratio of 16.51 and a beta of 0.07.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 16th. Investors of record on Tuesday, February 6th will be given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 1.51%. This is a positive change from Home Bancorp’s previous quarterly dividend of $0.14. The ex-dividend date of this dividend is Monday, February 5th. Home Bancorp’s dividend payout ratio (DPR) is 24.90%.
In other Home Bancorp news, insider John W. Bordelon sold 7,000 shares of the business’s stock in a transaction on Wednesday, November 29th. The shares were sold at an average price of $42.75, for a total transaction of $299,250.00. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider John W. Bordelon sold 7,422 shares of the business’s stock in a transaction on Thursday, December 7th. The stock was sold at an average price of $43.50, for a total transaction of $322,857.00. The disclosure for this sale can be found here. Over the last quarter, insiders purchased 3,704 shares of company stock worth $156,139. 15.50% of the stock is currently owned by insiders.
Several hedge funds and other institutional investors have recently modified their holdings of HBCP. Bank of New York Mellon Corp boosted its position in shares of Home Bancorp by 7.9% during the 2nd quarter. Bank of New York Mellon Corp now owns 31,391 shares of the bank’s stock worth $1,334,000 after purchasing an additional 2,290 shares in the last quarter. Wells Fargo & Company MN boosted its position in shares of Home Bancorp by 3.1% during the 2nd quarter. Wells Fargo & Company MN now owns 4,438 shares of the bank’s stock worth $189,000 after purchasing an additional 133 shares in the last quarter. Teachers Advisors LLC boosted its position in shares of Home Bancorp by 4.8% during the 2nd quarter. Teachers Advisors LLC now owns 10,348 shares of the bank’s stock worth $440,000 after purchasing an additional 477 shares in the last quarter. Northern Trust Corp boosted its position in shares of Home Bancorp by 8.0% during the 2nd quarter. Northern Trust Corp now owns 69,216 shares of the bank’s stock worth $2,943,000 after purchasing an additional 5,141 shares in the last quarter. Finally, Vanguard Group Inc. boosted its position in shares of Home Bancorp by 3.0% during the 2nd quarter. Vanguard Group Inc. now owns 158,459 shares of the bank’s stock worth $6,737,000 after purchasing an additional 4,623 shares in the last quarter. Institutional investors own 33.96% of the company’s stock.
Home Bancorp Company Profile
Home Bancorp, Inc is a bank holding company for Home Bank, N.A. (the Bank). The Bank conducts business through banking offices in the Greater Lafayette, Baton Rouge, Greater New Orleans and Northshore (of Lake Pontchartrain) regions of south Louisiana and the Natchez and Vicksburg regions of west Mississippi.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Home Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Home Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.