Shares of Home BancShares, Inc. (NASDAQ:HOMB) have been given an average recommendation of “Hold” by the ten research firms that are covering the firm, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a sell recommendation, six have assigned a hold recommendation and two have assigned a buy recommendation to the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is $27.75.
Several analysts have issued reports on the company. ValuEngine lowered Home BancShares from a “buy” rating to a “hold” rating in a report on Tuesday, August 22nd. Zacks Investment Research lowered Home BancShares from a “hold” rating to a “sell” rating in a report on Wednesday, September 20th. Piper Jaffray Companies reissued a “neutral” rating and set a $27.00 price target on shares of Home BancShares in a report on Thursday, October 5th. Stephens reissued an “overweight” rating and set a $28.00 price target (down previously from $29.00) on shares of Home BancShares in a report on Tuesday, September 12th. Finally, Royal Bank Of Canada reissued a “hold” rating and set a $28.00 price target on shares of Home BancShares in a report on Friday, October 20th.
In other Home BancShares news, Director Jim Rankin acquired 1,337 shares of the company’s stock in a transaction dated Friday, November 10th. The stock was purchased at an average price of $21.45 per share, with a total value of $28,678.65. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 11.27% of the company’s stock.
Home BancShares (HOMB) traded down $0.60 during trading hours on Thursday, reaching $23.48. The company’s stock had a trading volume of 1,377,410 shares, compared to its average volume of 878,970. Home BancShares has a twelve month low of $20.82 and a twelve month high of $29.69. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 0.64. The company has a market capitalization of $4,125.77, a price-to-earnings ratio of 17.60 and a beta of 1.17.
Home BancShares (NASDAQ:HOMB) last released its quarterly earnings results on Thursday, October 19th. The financial services provider reported $0.32 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.34 by ($0.02). Home BancShares had a net margin of 28.19% and a return on equity of 12.00%. The company had revenue of $128.23 million for the quarter, compared to the consensus estimate of $135.55 million. During the same period in the prior year, the firm posted $0.33 EPS. equities analysts anticipate that Home BancShares will post 1.36 earnings per share for the current year.
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 6th. Stockholders of record on Wednesday, November 15th will be paid a $0.11 dividend. This represents a $0.44 dividend on an annualized basis and a dividend yield of 1.87%. The ex-dividend date is Tuesday, November 14th. Home BancShares’s dividend payout ratio (DPR) is 38.94%.
ILLEGAL ACTIVITY WARNING: “Analysts Set Home BancShares, Inc. (HOMB) Target Price at $27.75” was first posted by Community Financial News and is the sole property of of Community Financial News. If you are reading this piece of content on another publication, it was copied illegally and reposted in violation of United States and international copyright & trademark laws. The legal version of this piece of content can be read at https://www.com-unik.info/2017/12/05/analysts-set-home-bancshares-inc-homb-target-price-at-27-75.html.
Home BancShares Company Profile
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).
What are top analysts saying about Home BancShares Inc.? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Home BancShares Inc. and related companies.