Home Bancshares (NASDAQ:HOMB) is set to release its earnings data before the market opens on Thursday, October 18th. Analysts expect Home Bancshares to post earnings of $0.46 per share for the quarter.
Home Bancshares (NASDAQ:HOMB) last posted its quarterly earnings results on Thursday, July 19th. The financial services provider reported $0.44 EPS for the quarter, hitting the consensus estimate of $0.44. The business had revenue of $166.29 million during the quarter, compared to analysts’ expectations of $167.50 million. Home Bancshares had a net margin of 26.27% and a return on equity of 11.41%. During the same period last year, the company posted $0.35 earnings per share. On average, analysts expect Home Bancshares to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.
HOMB stock opened at $20.34 on Wednesday. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 0.73. The company has a market cap of $3.83 billion, a P/E ratio of 15.07 and a beta of 1.11. Home Bancshares has a 52 week low of $19.82 and a 52 week high of $25.89.
Several research firms recently commented on HOMB. ValuEngine upgraded shares of Home Bancshares from a “strong sell” rating to a “sell” rating in a report on Thursday, October 11th. Zacks Investment Research upgraded shares of Home Bancshares from a “sell” rating to a “hold” rating in a report on Tuesday, June 26th. Finally, BidaskClub upgraded shares of Home Bancshares from a “strong sell” rating to a “sell” rating in a report on Friday, June 22nd. Two equities research analysts have rated the stock with a sell rating, one has issued a hold rating and six have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of $27.17.
In other Home Bancshares news, insider Jennifer C. Floyd sold 2,000 shares of Home Bancshares stock in a transaction that occurred on Friday, August 24th. The shares were sold at an average price of $23.88, for a total value of $47,760.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 9.15% of the stock is owned by insiders.
Home Bancshares Company Profile
Home Bancshares, Inc (Conway, AR) operates as the bank holding company for Centennial Bank that provides commercial and retail banking, and related financial services to businesses, real estate developers and investors, individuals, and municipalities. Its deposit products include checking, savings, NOW, and money market accounts, as well as certificates of deposit.
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