Wall Street brokerages expect Home Bancorp, Inc. (NASDAQ:HBCP) to report earnings of $0.69 per share for the current quarter, according to Zacks Investment Research. Two analysts have made estimates for Home Bancorp’s earnings, with the lowest EPS estimate coming in at $0.52 and the highest estimate coming in at $0.85. Home Bancorp posted earnings of $0.66 per share in the same quarter last year, which indicates a positive year over year growth rate of 4.5%. The company is scheduled to announce its next quarterly earnings report on Tuesday, April 24th.
According to Zacks, analysts expect that Home Bancorp will report full year earnings of $3.11 per share for the current financial year, with EPS estimates ranging from $2.66 to $3.55. For the next financial year, analysts forecast that the firm will report earnings of $3.45 per share. Zacks Investment Research’s EPS calculations are an average based on a survey of research firms that that provide coverage for Home Bancorp.
Home Bancorp (NASDAQ:HBCP) last posted its earnings results on Tuesday, January 30th. The bank reported $0.84 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.63 by $0.21. Home Bancorp had a net margin of 21.08% and a return on equity of 10.82%. The company had revenue of $22.71 million during the quarter, compared to analysts’ expectations of $19.33 million.
In related news, insider John W. Bordelon sold 7,422 shares of the firm’s stock in a transaction that occurred on Thursday, December 7th. The shares were sold at an average price of $43.50, for a total value of $322,857.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Chris P. Rader purchased 2,378 shares of the stock in a transaction that occurred on Monday, February 5th. The stock was bought at an average cost of $41.95 per share, with a total value of $99,757.10. The disclosure for this purchase can be found here. In the last three months, insiders purchased 3,704 shares of company stock valued at $156,139. 15.50% of the stock is currently owned by company insiders.
Institutional investors have recently modified their holdings of the stock. Bank of Montreal Can acquired a new stake in shares of Home Bancorp in the fourth quarter valued at approximately $148,000. SG Americas Securities LLC acquired a new stake in shares of Home Bancorp in the third quarter valued at approximately $147,000. JPMorgan Chase & Co. acquired a new stake in shares of Home Bancorp in the third quarter valued at approximately $165,000. Wells Fargo & Company MN grew its holdings in shares of Home Bancorp by 3.1% in the 2nd quarter. Wells Fargo & Company MN now owns 4,438 shares of the bank’s stock valued at $189,000 after buying an additional 133 shares during the period. Finally, The Manufacturers Life Insurance Company grew its holdings in shares of Home Bancorp by 14.6% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 6,812 shares of the bank’s stock valued at $290,000 after buying an additional 866 shares during the period. 43.20% of the stock is owned by institutional investors and hedge funds.
Home Bancorp (NASDAQ:HBCP) opened at $40.25 on Friday. Home Bancorp has a one year low of $32.52 and a one year high of $47.20. The company has a quick ratio of 0.98, a current ratio of 0.99 and a debt-to-equity ratio of 0.34. The stock has a market cap of $302.31, a P/E ratio of 16.70 and a beta of 0.18.
The business also recently declared a quarterly dividend, which will be paid on Friday, February 16th. Investors of record on Tuesday, February 6th will be issued a $0.15 dividend. The ex-dividend date of this dividend is Monday, February 5th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.49%. This is a positive change from Home Bancorp’s previous quarterly dividend of $0.14. Home Bancorp’s dividend payout ratio (DPR) is currently 24.90%.
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About Home Bancorp
Home Bancorp, Inc is a bank holding company for Home Bank, N.A. (the Bank). The Bank conducts business through banking offices in the Greater Lafayette, Baton Rouge, Greater New Orleans and Northshore (of Lake Pontchartrain) regions of south Louisiana and the Natchez and Vicksburg regions of west Mississippi.
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