HomeStreet (HMST) Receives News Sentiment Rating of 0.11

Media coverage about HomeStreet (NASDAQ:HMST) has trended somewhat positive this week, according to Accern Sentiment. Accern identifies positive and negative news coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. HomeStreet earned a coverage optimism score of 0.11 on Accern’s scale. Accern also assigned media headlines about the financial services provider an impact score of 45.7884335430165 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

A number of equities analysts have recently weighed in on HMST shares. ValuEngine upgraded HomeStreet from a “hold” rating to a “buy” rating in a report on Tuesday, September 26th. Zacks Investment Research upgraded HomeStreet from a “strong sell” rating to a “hold” rating in a report on Wednesday, September 27th. FBR & Co reiterated a “hold” rating on shares of HomeStreet in a report on Tuesday, October 3rd. B. Riley reiterated a “neutral” rating on shares of HomeStreet in a report on Wednesday, November 1st. Finally, BidaskClub downgraded HomeStreet from a “buy” rating to a “hold” rating in a report on Thursday, December 14th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and one has issued a buy rating to the company. HomeStreet has a consensus rating of “Hold” and a consensus price target of $29.08.

HomeStreet (HMST) opened at $28.65 on Thursday. The firm has a market capitalization of $783.68, a PE ratio of 21.38, a PEG ratio of 1.76 and a beta of 0.23. HomeStreet has a twelve month low of $24.00 and a twelve month high of $32.50. The company has a quick ratio of 0.73, a current ratio of 0.87 and a debt-to-equity ratio of 0.19.

HomeStreet (NASDAQ:HMST) last issued its earnings results on Monday, October 23rd. The financial services provider reported $0.51 earnings per share for the quarter, beating analysts’ consensus estimates of $0.41 by $0.10. HomeStreet had a return on equity of 6.08% and a net margin of 6.68%. The company had revenue of $134.72 million for the quarter, compared to the consensus estimate of $129.90 million. During the same quarter in the prior year, the company earned $1.12 EPS. sell-side analysts forecast that HomeStreet will post 1.66 earnings per share for the current fiscal year.

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HomeStreet Company Profile

HomeStreet, Inc is a financial services company serving customers primarily in the western United States, including Hawaii. The Company is principally engaged in real estate lending, including mortgage banking activities, and commercial and consumer banking. The Company’s operating segments include Commercial and Consumer Banking, and Mortgage Banking.

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