Press coverage about HomeStreet (NASDAQ:HMST) has been trending somewhat positive this week, according to Accern Sentiment Analysis. The research firm scores the sentiment of media coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. HomeStreet earned a news sentiment score of 0.00 on Accern’s scale. Accern also gave media headlines about the financial services provider an impact score of 46.9318557904463 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Here are some of the media headlines that may have impacted Accern Sentiment Analysis’s rankings:
- HomeStreet (HMST) Stock Rating Lowered by BidaskClub (americanbankingnews.com)
- Bear of the Day: HomeStreet Inc. (HMST) (msn.com)
- Unifirst Corporation (UNF) and HomeStreet (HMST): Today’s Bull & Bear (msn.com)
- HomeStreet (HMST) Expected to Announce Quarterly Sales of $116.75 Million (americanbankingnews.com)
- HomeStreet (HMST) Scheduled to Post Quarterly Earnings on Monday (americanbankingnews.com)
Shares of NASDAQ HMST opened at $27.20 on Tuesday. The stock has a market capitalization of $736.33, a PE ratio of 16.19, a price-to-earnings-growth ratio of 1.33 and a beta of 0.34. The company has a quick ratio of 0.93, a current ratio of 1.05 and a debt-to-equity ratio of 1.57. HomeStreet has a 52 week low of $24.00 and a 52 week high of $32.60.
HomeStreet (NASDAQ:HMST) last issued its earnings results on Monday, January 22nd. The financial services provider reported $0.42 EPS for the quarter, missing the Zacks’ consensus estimate of $0.44 by ($0.02). The business had revenue of $123.88 million during the quarter, compared to analyst estimates of $127.13 million. HomeStreet had a net margin of 12.54% and a return on equity of 7.26%. During the same quarter last year, the company earned $0.09 earnings per share. equities research analysts predict that HomeStreet will post 2.05 EPS for the current fiscal year.
Several equities analysts have issued reports on the stock. B. Riley reaffirmed a “neutral” rating on shares of HomeStreet in a report on Friday, March 2nd. Sandler O’Neill set a $31.00 price objective on shares of HomeStreet and gave the company a “hold” rating in a report on Thursday, March 29th. BidaskClub cut shares of HomeStreet from a “buy” rating to a “hold” rating in a research report on Tuesday, April 10th. Keefe, Bruyette & Woods cut shares of HomeStreet from an “outperform” rating to a “market perform” rating in a research report on Wednesday, January 24th. Finally, ValuEngine upgraded shares of HomeStreet from a “buy” rating to a “strong-buy” rating in a research report on Thursday, March 1st. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and one has given a strong buy rating to the company’s stock. HomeStreet has an average rating of “Hold” and a consensus price target of $30.75.
In related news, EVP Godfrey B. Evans sold 965 shares of the firm’s stock in a transaction dated Thursday, February 1st. The shares were 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 directly owns 23,783 shares in the company, valued at $705,403.78. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Mark K. Mason sold 2,208 shares of the firm’s stock in a transaction dated Friday, March 23rd. The stock was sold at an average price of $28.52, for a total transaction of $62,972.16. Following the sale, the chief executive officer now owns 136,580 shares of the company’s stock, valued at $3,895,261.60. The disclosure for this sale can be found here. Insiders sold 14,414 shares of company stock valued at $426,792 over the last quarter. Company insiders own 1.64% of the company’s stock.
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HomeStreet, Inc, together with its subsidiaries, provides various financial services primarily in the Pacific Northwest, California, and Hawaii. The company operates in two segments, Commercial and Consumer Banking, and Mortgage Banking. The Commercial and Consumer Banking segment offers deposit products; non-deposit investment products; and insurance products and cash management services.
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