Home BancShares, Inc. (NASDAQ:HOMB) is scheduled to issue its quarterly earnings data before the market opens on Thursday, July 20th. Analysts expect the company to announce earnings of $0.33 per share for the quarter.
Home BancShares (NASDAQ:HOMB) last announced its quarterly earnings results on Thursday, April 20th. The financial services provider reported $0.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.32 by $0.01. Home BancShares had a return on equity of 13.81% and a net margin of 33.82%. The business had revenue of $141 million during the quarter, compared to the consensus estimate of $131.04 million. During the same quarter last year, the firm posted $0.59 EPS. The company’s quarterly revenue was up 13.1% on a year-over-year basis. On average, analysts expect Home BancShares to post $1.37 EPS for the current fiscal year and $1.67 EPS for the next fiscal year.
Shares of Home BancShares, Inc. (NASDAQ:HOMB) opened at 24.54 on Tuesday. The firm has a market cap of $3.52 billion, a P/E ratio of 18.92 and a beta of 1.19. Home BancShares, Inc. has a one year low of $19.74 and a one year high of $29.69. The firm’s 50-day moving average price is $24.38 and its 200 day moving average price is $26.36.
In other news, insider Tracy French purchased 2,300 shares of the business’s stock in a transaction dated Friday, May 12th. The stock was bought at an average price of $23.79 per share, for a total transaction of $54,717.00. The acquisition was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Jim F. Haynes, Jr. sold 1,500 shares of the stock in a transaction on Thursday, May 4th. The stock was sold at an average price of $25.50, for a total value of $38,250.00. The disclosure for this sale can be found here. 11.27% of the stock is currently owned by corporate insiders.
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A number of research analysts have issued reports on HOMB shares. Stephens restated a “buy” rating on shares of Home BancShares in a research note on Thursday, April 20th. ValuEngine upgraded Home BancShares from a “hold” rating to a “buy” rating in a research note on Friday, July 7th. Zacks Investment Research upgraded Home BancShares from a “sell” rating to a “hold” rating in a research note on Monday, June 26th. Merion Capital Group restated a “neutral” rating and issued a $28.50 price objective on shares of Home BancShares in a research note on Monday, April 24th. Finally, Keefe, Bruyette & Woods upgraded Home BancShares from a “market perform” rating to an “outperform” rating and set a $23.00 price objective for the company in a research note on Monday, May 15th. One research analyst has rated the stock with a sell rating, three have given a hold rating and four have given a buy rating to the company’s stock. Home BancShares currently has an average rating of “Hold” and an average target price of $28.13.
About Home BancShares
Home BancShares, Inc is a bank holding company. The Company is engaged in providing a range of commercial and retail banking, and related financial services to businesses, real estate developers and investors, individuals and municipalities through its community bank subsidiary, Centennial Bank (the Bank).
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