Media stories about HomeStreet (NASDAQ:HMST) have trended somewhat positive on Tuesday, according to Accern Sentiment Analysis. Accern identifies positive and negative news coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. HomeStreet earned a news sentiment score of 0.15 on Accern’s scale. Accern also gave media headlines about the financial services provider an impact score of 46.1979216405581 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
HomeStreet (NASDAQ:HMST) opened at $28.45 on Tuesday. The company has a debt-to-equity ratio of 1.57, a current ratio of 1.05 and a quick ratio of 0.93. HomeStreet has a 52 week low of $24.00 and a 52 week high of $32.60. The company has a market capitalization of $796.01, a PE ratio of 11.20, a price-to-earnings-growth ratio of 1.24 and a beta of 0.26.
HomeStreet (NASDAQ:HMST) last issued its earnings results on Monday, January 22nd. The financial services provider reported $0.42 EPS for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.02). HomeStreet had a net margin of 12.54% and a return on equity of 7.26%. The firm had revenue of $123.88 million during the quarter, compared to analysts’ expectations of $127.13 million. During the same quarter last year, the firm earned $0.09 EPS. equities research analysts forecast that HomeStreet will post 2.38 EPS for the current fiscal year.
A number of research analysts have commented on the company. B. Riley restated a “hold” rating and issued a $30.00 target price on shares of HomeStreet in a research note on Wednesday, January 24th. DA Davidson boosted their target price on HomeStreet to $34.00 and gave the company a “neutral” rating in a research note on Wednesday, January 24th. Keefe, Bruyette & Woods downgraded HomeStreet from an “outperform” rating to a “market perform” rating in a research note on Wednesday, January 24th. BidaskClub downgraded HomeStreet from a “buy” rating to a “hold” rating in a research note on Wednesday, January 24th. Finally, Zacks Investment Research upgraded HomeStreet from a “hold” rating to a “strong-buy” rating and set a $33.00 target price on the stock in a research note on Monday, January 1st. Seven research analysts have rated the stock with a hold rating and one has given a strong buy rating to the stock. The company has an average rating of “Hold” and an average target price of $30.71.
In other news, EVP Godfrey B. Evans sold 965 shares of the company’s stock in a transaction dated Thursday, February 1st. The stock was sold at an average price of $29.66, for a total transaction of $28,621.90. Following the completion of the sale, the executive vice president now owns 23,783 shares in the company, valued at approximately $705,403.78. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CEO Mark K. Mason sold 6,934 shares of the company’s stock in a transaction dated Thursday, February 1st. The stock was sold at an average price of $29.53, for a total value of $204,761.02. Following the sale, the chief executive officer now owns 131,293 shares of the company’s stock, valued at approximately $3,877,082.29. The disclosure for this sale can be found here. In the last quarter, insiders have sold 8,415 shares of company stock valued at $248,774. 1.64% of the stock is currently owned by corporate insiders.
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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.
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