Shares of HomeTrust Bancshares, Inc. (NYSE:HTB – Get Free Report) have received an average rating of “Moderate Buy” from the five ratings firms that are currently covering the company, MarketBeat Ratings reports. Two analysts have rated the stock with a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company. The average twelve-month price objective among brokers that have updated their coverage on the stock in the last year is $52.00.
Several equities analysts have commented on the stock. Weiss Ratings upgraded shares of HomeTrust Bancshares from a “buy (b+)” rating to a “buy (a-)” rating in a research note on Thursday, July 23rd. Keefe, Bruyette & Woods reiterated an “outperform” rating on shares of HomeTrust Bancshares in a research note on Wednesday, August 19th. Zacks Research downgraded shares of HomeTrust Bancshares from a “strong-buy” rating to a “hold” rating in a report on Wednesday, August 26th. Finally, Stephens increased their price objective on HomeTrust Bancshares from $55.00 to $57.00 and gave the stock an “overweight” rating in a research report on Friday, August 21st.
Read Our Latest Stock Report on HomeTrust Bancshares
Insider Activity
Hedge Funds Weigh In On HomeTrust Bancshares
Hedge funds and other institutional investors have recently bought and sold shares of the company. Mendon Capital Advisors Corp purchased a new stake in HomeTrust Bancshares during the first quarter worth $1,998,000. Bank of New York Mellon Corp acquired a new position in shares of HomeTrust Bancshares in the second quarter valued at approximately $3,647,000. Gamco Investors INC. ET AL purchased a new position in shares of HomeTrust Bancshares during the 1st quarter worth $866,000. Goepper Burkhardt LLC purchased a new position in HomeTrust Bancshares during the first quarter worth about $1,220,000. Finally, First Trust Advisors LP acquired a new stake in shares of HomeTrust Bancshares in the first quarter worth approximately $1,821,000. 60.94% of the stock is owned by institutional investors and hedge funds.
HomeTrust Bancshares Stock Performance
NYSE:HTB opened at $48.31 on Tuesday. The stock has a market capitalization of $806.49 million, a P/E ratio of 12.68 and a beta of 0.79. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.08 and a current ratio of 1.11. The company has a 50 day moving average price of $48.63 and a 200 day moving average price of $46.55. HomeTrust Bancshares has a fifty-two week low of $38.30 and a fifty-two week high of $52.50.
HomeTrust Bancshares (NYSE:HTB – Get Free Report) last announced its quarterly earnings data on Thursday, July 23rd. The company reported $0.94 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.89 by $0.05. HomeTrust Bancshares had a return on equity of 10.88% and a net margin of 22.50%.The business had revenue of $54.54 million for the quarter, compared to analysts’ expectations of $53.22 million. Equities research analysts forecast that HomeTrust Bancshares will post 3.7 EPS for the current year.
HomeTrust Bancshares Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Thursday, August 27th. Shareholders of record on Thursday, August 13th were issued a $0.15 dividend. The ex-dividend date of this dividend was Thursday, August 13th. This represents a $0.60 dividend on an annualized basis and a yield of 1.2%. HomeTrust Bancshares’s dividend payout ratio (DPR) is 15.75%.
About HomeTrust Bancshares
HomeTrust Bancshares, Inc is the bank holding company for HomeTrust Bank, a community-focused financial institution headquartered in Asheville, North Carolina. Founded in 1926, HomeTrust Bank provides banking and financial services to individuals, families, businesses and nonprofit organizations.
The bank offers a range of deposit products, including checking and savings accounts, certificates of deposit and money market accounts. Its lending activities include residential mortgages, home equity loans, consumer loans, commercial real estate financing and loans for small and mid-sized businesses.
Featured Stories
- Five stocks we like better than HomeTrust Bancshares
- Analysts Are Punting Their Calls Into the Next Quarter After Adobe’s Mixed Earnings
- Institutional Money Is Pouring Into These 2 Altcoin ETFs
- The End of Big Tech Buybacks? Only One Hyperscaler Is Still Repurchasing Shares
- 3 Dividend Kings to Buy While They’re Still Beaten Down
Receive News & Ratings for HomeTrust Bancshares Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for HomeTrust Bancshares and related companies with MarketBeat.com's FREE daily email newsletter.
