Home BancShares (HOMB) Projected to Post Quarterly Earnings on Wednesday

Home BancShares (NYSE:HOMB - Get Free Report) is projected to post its Q2 2025 quarterly earnings results after the market closes on Wednesday, July 16th. Analysts expect Home BancShares to post earnings of $0.58 per share and revenue of $262.56 million for the quarter.

Home BancShares (NYSE:HOMB - Get Free Report) last issued its quarterly earnings results on Wednesday, April 16th. The financial services provider reported $0.56 EPS for the quarter, topping analysts' consensus estimates of $0.54 by $0.02. The business had revenue of $260.08 million during the quarter, compared to analysts' expectations of $255.20 million. Home BancShares had a return on equity of 10.49% and a net margin of 28.44%. On average, analysts expect Home BancShares to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Home BancShares Stock Performance

HOMB traded down $0.38 during midday trading on Friday, reaching $29.37. The company had a trading volume of 918,865 shares, compared to its average volume of 1,009,730. The company has a quick ratio of 0.90, a current ratio of 0.90 and a debt-to-equity ratio of 0.26. The business has a 50-day moving average of $28.61 and a two-hundred day moving average of $28.54. The company has a market cap of $5.80 billion, a P/E ratio of 13.99 and a beta of 0.79. Home BancShares has a 1 year low of $24.22 and a 1 year high of $32.91.

Home BancShares Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, June 4th. Shareholders of record on Wednesday, May 14th were given a $0.20 dividend. This is a boost from Home BancShares's previous quarterly dividend of $0.20. The ex-dividend date was Wednesday, May 14th. This represents a $0.80 dividend on an annualized basis and a yield of 2.72%. Home BancShares's dividend payout ratio is presently 38.10%.

Insider Buying and Selling at Home BancShares

In other Home BancShares news, CAO Jennifer C. Floyd sold 2,500 shares of Home BancShares stock in a transaction dated Wednesday, April 23rd. The stock was sold at an average price of $27.45, for a total transaction of $68,625.00. Following the completion of the sale, the chief accounting officer owned 4,301 shares of the company's stock, valued at approximately $118,062.45. The trade was a 36.76% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Kevin Hester sold 7,128 shares of Home BancShares stock in a transaction dated Thursday, May 8th. The stock was sold at an average price of $28.67, for a total value of $204,359.76. Following the sale, the insider directly owned 124,912 shares of the company's stock, valued at approximately $3,581,227.04. This represents a 5.40% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 33,787 shares of company stock valued at $937,840. 6.30% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Home BancShares

An institutional investor recently raised its position in Home BancShares stock. Jane Street Group LLC lifted its holdings in Home BancShares, Inc. (NYSE:HOMB - Free Report) by 82.7% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 276,814 shares of the financial services provider's stock after purchasing an additional 125,301 shares during the period. Jane Street Group LLC owned about 0.14% of Home BancShares worth $7,826,000 as of its most recent filing with the Securities & Exchange Commission. Institutional investors and hedge funds own 67.31% of the company's stock.

Analysts Set New Price Targets

A number of analysts have commented on HOMB shares. Wall Street Zen upgraded Home BancShares from a "sell" rating to a "hold" rating in a research report on Thursday, April 24th. Stephens restated an "overweight" rating and issued a $33.00 price target on shares of Home BancShares in a research report on Monday, April 21st. Finally, Royal Bank Of Canada reduced their price target on Home BancShares from $33.00 to $31.00 and set a "sector perform" rating for the company in a research report on Monday, April 21st. Three research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat.com, Home BancShares presently has a consensus rating of "Moderate Buy" and a consensus price target of $32.40.

Home BancShares Company Profile

Home Bancshares, Inc (Conway, AR) operates as the bank holding company for Centennial Bank that provides commercial and retail banking, and related financial services to businesses, real estate developers and investors, individuals, and municipalities. Its deposit products include checking, savings, and money market accounts, as well as certificates of deposit.