Headlines about HomeStreet (NASDAQ:HMST) have been trending somewhat positive on Sunday, according to Accern. Accern ranks the sentiment of press coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. HomeStreet earned a coverage optimism score of 0.14 on Accern’s scale. Accern also gave media stories about the financial services provider an impact score of 46.8571297578204 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
HMST has been the subject of a number of recent analyst reports. Zacks Investment Research upgraded shares of HomeStreet from a “strong sell” rating to a “hold” rating in a research report on Wednesday, September 27th. FBR & Co restated a “hold” rating and set a $30.00 target price on shares of HomeStreet in a research report on Wednesday, October 25th. ValuEngine downgraded shares of HomeStreet from a “buy” rating to a “hold” rating in a research note on Monday, October 2nd. BidaskClub downgraded shares of HomeStreet from a “buy” rating to a “hold” rating in a research note on Thursday. Finally, B. Riley reaffirmed a “neutral” rating on shares of HomeStreet in a research note on Wednesday, November 1st. One analyst has rated the stock with a sell rating, five have issued a hold rating and one has issued a buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of $29.08.
HomeStreet (NASDAQ HMST) opened at $29.05 on Friday. The company has a quick ratio of 0.73, a current ratio of 0.87 and a debt-to-equity ratio of 0.19. The company has a market cap of $780.98, a PE ratio of 19.90, a PEG ratio of 1.75 and a beta of 0.23. HomeStreet has a 1-year low of $24.00 and a 1-year high of $33.00.
HomeStreet (NASDAQ:HMST) last posted its quarterly earnings results on Monday, October 23rd. The financial services provider reported $0.51 EPS for the quarter, topping the Zacks’ consensus estimate of $0.41 by $0.10. HomeStreet had a net margin of 6.68% and a return on equity of 6.08%. The firm had revenue of $134.72 million for the quarter, compared to analysts’ expectations of $129.90 million. During the same period in the prior year, the business posted $1.12 earnings per share. research analysts predict that HomeStreet will post 1.66 EPS for the current year.
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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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