Analysts forecast that Home Bancorp, Inc. (NASDAQ:HBCP) will report $25.72 million in sales for the current quarter, according to Zacks Investment Research. Two analysts have issued estimates for Home Bancorp’s earnings. The highest sales estimate is $25.85 million and the lowest is $25.60 million. Home Bancorp reported sales of $18.06 million during the same quarter last year, which indicates a positive year over year growth rate of 42.4%. The company is expected to issue its next quarterly earnings results on Tuesday, July 24th.
According to Zacks, analysts expect that Home Bancorp will report full-year sales of $103.26 million for the current fiscal year, with estimates ranging from $102.80 million to $103.72 million. For the next year, analysts expect that the business will report sales of $102.50 million per share, with estimates ranging from $101.99 million to $103.00 million. Zacks’ sales averages are an average based on a survey of sell-side research firms that follow Home Bancorp.
Home Bancorp (NASDAQ:HBCP) last issued its earnings results on Tuesday, April 24th. The bank reported $0.88 EPS for the quarter, topping analysts’ consensus estimates of $0.71 by $0.17. Home Bancorp had a net margin of 21.91% and a return on equity of 10.11%. The company had revenue of $25.99 million for the quarter, compared to the consensus estimate of $25.03 million.
Home Bancorp traded down $0.07, reaching $44.92, during trading on Monday, MarketBeat Ratings reports. 8,504 shares of the stock were exchanged, compared to its average volume of 22,589. The company has a debt-to-equity ratio of 0.24, a current ratio of 0.96 and a quick ratio of 0.96. Home Bancorp has a 1 year low of $34.12 and a 1 year high of $47.20. The company has a market capitalization of $430.37 million, a PE ratio of 16.22 and a beta of 0.12.
The business also recently declared a quarterly dividend, which was paid on Friday, May 18th. Shareholders of record on Monday, May 7th were given a dividend of $0.17 per share. The ex-dividend date of this dividend was Friday, May 4th. This is a boost from Home Bancorp’s previous quarterly dividend of $0.15. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.51%. Home Bancorp’s dividend payout ratio (DPR) is currently 24.55%.
In other Home Bancorp news, Director Paul J. Blanchet III sold 1,000 shares of Home Bancorp stock in a transaction dated Wednesday, June 6th. The shares were sold at an average price of $44.91, for a total transaction of $44,910.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 13.20% of the stock is owned by company insiders.
Several institutional investors and hedge funds have recently made changes to their positions in HBCP. Bank of Montreal Can acquired a new stake in shares of Home Bancorp during the fourth quarter valued at about $148,000. Schwab Charles Investment Management Inc. increased its position in shares of Home Bancorp by 132.2% during the fourth quarter. Schwab Charles Investment Management Inc. now owns 16,952 shares of the bank’s stock valued at $733,000 after acquiring an additional 9,652 shares during the last quarter. Bessemer Group Inc. increased its position in shares of Home Bancorp by 18.8% during the fourth quarter. Bessemer Group Inc. now owns 12,000 shares of the bank’s stock valued at $519,000 after acquiring an additional 1,900 shares during the last quarter. Victory Capital Management Inc. acquired a new position in shares of Home Bancorp in the fourth quarter valued at approximately $1,392,000. Finally, Wells Fargo & Company MN grew its holdings in shares of Home Bancorp by 32.3% in the fourth quarter. Wells Fargo & Company MN now owns 8,916 shares of the bank’s stock valued at $386,000 after purchasing an additional 2,175 shares in the last quarter. Institutional investors and hedge funds own 37.15% of the company’s stock.
Home Bancorp Company Profile
Home Bancorp, Inc operates as the holding company for Home Bank, National Association that provides various banking products and services in Louisiana. It offers deposits products, including interest-bearing and noninterest-bearing checking, money market, savings, and certificates of deposit accounts.
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