Home Federal Bancorp, Inc. of Louisiana (NASDAQ:HFBL) Shares Cross Above 200 Day Moving Average – Here’s Why

Shares of Home Federal Bancorp, Inc. of Louisiana (NASDAQ:HFBL) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $18.81 and traded as high as $22.02. Home Federal Bancorp, Inc. of Louisiana shares last traded at $22.00, with a volume of 942 shares trading hands.

Analysts Set New Price Targets

Separately, Weiss Ratings reiterated a “hold (c)” rating on shares of Home Federal Bancorp, Inc. of Louisiana in a research report on Monday, July 6th. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, Home Federal Bancorp, Inc. of Louisiana has an average rating of “Hold”.

Home Federal Bancorp, Inc. of Louisiana Stock Down 3.9%

The firm’s 50-day moving average price is $20.05 and its 200 day moving average price is $18.81. The firm has a market cap of $67.10 million, a P/E ratio of 11.46 and a beta of 0.38. The company has a quick ratio of 0.88, a current ratio of 0.89 and a debt-to-equity ratio of 0.10.

Home Federal Bancorp, Inc. of Louisiana (NASDAQ:HFBL) last posted its earnings results on Thursday, April 30th. The bank reported $0.48 earnings per share (EPS) for the quarter. Home Federal Bancorp, Inc. of Louisiana had a net margin of 17.27% and a return on equity of 10.42%. The firm had revenue of $6.03 million during the quarter.

Home Federal Bancorp, Inc. of Louisiana Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, May 11th. Stockholders of record on Monday, April 27th were given a dividend of $0.135 per share. The ex-dividend date was Monday, April 27th. This represents a $0.54 annualized dividend and a dividend yield of 2.5%. Home Federal Bancorp, Inc. of Louisiana’s payout ratio is currently 28.13%.

About Home Federal Bancorp, Inc. of Louisiana

Home Federal Bancorp, Inc of Louisiana is a bank holding company headquartered in Louisiana. Through its subsidiary Home Federal Bank, F.A., the company delivers a full suite of retail and commercial banking products. Its deposit offerings include checking and savings accounts, certificates of deposit, money market accounts and online banking services designed to meet the needs of individuals and small businesses.

The company’s lending portfolio encompasses residential mortgage loans, commercial real estate financing, construction and development loans, and various consumer credit products.