Rep. Jefferson Shreve Unloads Shares of Home Bancshares, Inc. (Conway, AR) (NYSE:HOMB)

Representative Jefferson Shreve (R-Indiana) recently sold shares of Home Bancshares, Inc. (Conway, AR) NYSE: HOMB. In a filing disclosed on April 11th, the Representative disclosed that they had sold between $15,001 and $50,000 in Home Bancshares, Inc. (Conway, AR) stock on March 5th. The trade occurred in the Representative's "CRT - STANDARD UNIT TRUST" account.

Representative Jefferson Shreve also recently made the following trade(s):

• Purchased $15,001 - $50,000 in shares of Harley-Davidson NYSE: HOG on 3/31/2025.
• Purchased $50,001 - $100,000 in shares of Block NYSE: XYZ on 3/31/2025.
• Sold $15,001 - $50,000 in shares of DuPont de Nemours NYSE: DD on 3/31/2025.
• Purchased $15,001 - $50,000 in shares of United Community Banks NASDAQ: UCB on 3/31/2025.
• Sold $15,001 - $50,000 in shares of IDEX NYSE: IEX on 3/31/2025.
• Purchased $15,001 - $50,000 in shares of HNI NYSE: HNI on 3/31/2025.
• Sold $50,001 - $100,000 in shares of ServiceNow NYSE: NOW on 3/31/2025.
• Sold $15,001 - $50,000 in shares of Coinbase Global NASDAQ: COIN on 3/31/2025.
• Sold $15,001 - $50,000 in shares of Constellation Energy NASDAQ: CEG on 3/31/2025.
• Sold $50,001 - $100,000 in shares of Simon Property Group NYSE: SPG on 3/31/2025.

Home Bancshares, Inc. (Conway, AR) Price Performance

HOMB traded up $0.42 on Friday, reaching $26.40. The company had a trading volume of 1,667,044 shares, compared to its average volume of 1,019,373. The company has a market capitalization of $5.24 billion, a P/E ratio of 13.07 and a beta of 0.93. The company has a current ratio of 0.89, a quick ratio of 0.91 and a debt-to-equity ratio of 0.26. The company has a fifty day moving average of $28.06 and a 200-day moving average of $28.79. Home Bancshares, Inc. has a one year low of $22.42 and a one year high of $32.91.

Home Bancshares, Inc. (Conway, AR) (NYSE:HOMB - Get Free Report) last released its earnings results on Wednesday, April 16th. The financial services provider reported $0.56 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.54 by $0.02. Home Bancshares, Inc. (Conway, AR) had a return on equity of 10.31% and a net margin of 27.39%. The firm had revenue of $260.08 million for the quarter, compared to analyst estimates of $255.20 million. As a group, equities research analysts anticipate that Home Bancshares, Inc. will post 2.19 earnings per share for the current year.

Home Bancshares, Inc. (Conway, AR) Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, March 5th. Investors of record on Wednesday, February 12th were issued a $0.195 dividend. This represents a $0.78 dividend on an annualized basis and a yield of 2.95%. The ex-dividend date was Wednesday, February 12th. Home Bancshares, Inc. (Conway, AR)'s dividend payout ratio (DPR) is 38.61%.

Insider Activity at Home Bancshares, Inc. (Conway, AR)

In related news, CEO John W. Allison acquired 10,000 shares of the stock in a transaction dated Tuesday, January 21st. The shares were bought at an average cost of $30.76 per share, for a total transaction of $307,600.00. Following the purchase, the chief executive officer now owns 5,693,182 shares in the company, valued at approximately $175,122,278.32. This trade represents a 0.18 % increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 6.30% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on HOMB shares. StockNews.com raised Home Bancshares, Inc. (Conway, AR) from a "sell" rating to a "hold" rating in a research note on Friday. Stephens restated an "overweight" rating and set a $34.00 price objective on shares of Home Bancshares, Inc. (Conway, AR) in a report on Thursday, January 16th. Finally, Hovde Group dropped their target price on shares of Home Bancshares, Inc. (Conway, AR) from $36.00 to $35.00 and set an "outperform" rating on the stock in a research report on Friday, January 17th. 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, the company currently has a consensus rating of "Moderate Buy" and an average target price of $32.00.

Hedge Funds Weigh In On Home Bancshares, Inc. (Conway, AR)

A number of institutional investors have recently modified their holdings of HOMB. Wealth Enhancement Advisory Services LLC raised its holdings in Home Bancshares, Inc. (Conway, AR) by 12.8% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 18,451 shares of the financial services provider's stock worth $522,000 after acquiring an additional 2,096 shares during the period. Everhart Financial Group Inc. boosted its stake in Home Bancshares, Inc. (Conway, AR) by 11.7% during the first quarter. Everhart Financial Group Inc. now owns 22,407 shares of the financial services provider's stock worth $633,000 after buying an additional 2,349 shares in the last quarter. Fifth Third Bancorp raised its stake in shares of Home Bancshares, Inc. (Conway, AR) by 60.5% in the 1st quarter. Fifth Third Bancorp now owns 3,468 shares of the financial services provider's stock valued at $98,000 after buying an additional 1,307 shares in the last quarter. SG Americas Securities LLC bought a new position in shares of Home Bancshares, Inc. (Conway, AR) during the 1st quarter worth about $820,000. Finally, GAMMA Investing LLC boosted its position in shares of Home Bancshares, Inc. (Conway, AR) by 60.8% during the 1st quarter. GAMMA Investing LLC now owns 2,632 shares of the financial services provider's stock valued at $74,000 after acquiring an additional 995 shares in the last quarter. Institutional investors own 67.31% of the company's stock.

About Representative Shreve

Jefferson Shreve (Republican Party) is a member of the U.S. House, representing Indiana's 6th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Shreve (Republican Party) is running for re-election to the U.S. House to represent Indiana's 6th Congressional District. He declared candidacy for the 2026 election. Email editor@ballotpedia.org to notify us of updates to this biography. Jefferson Shreve earned a bachelor's degree from Indiana University in 1989, a graduate degree from the University of London in 1998, and a graduate degree from Purdue University in 2003. Shreve's career experience includes working as a real estate executive. Shreve was elected 7th District Vice Chairman of the Indiana Republican State Committee on January 17, 2018, and was re-elected on March 6, 2021. In 2020, he was selected as a district-level delegate to the 2020 Republican National Convention.

Home Bancshares, Inc. (Conway, AR) 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.