Home Federal Bancorp, Inc. of Louisiana (NASDAQ:HFBL) Stock Price Passes Above 200-Day Moving Average - What's Next?

Key Points

• HFBL shares rose above their 200-day moving average, reaching $23.50 compared with the $19.55 average, though trading volume was low at 429 shares.
• Analyst sentiment remained cautious, with Weiss Ratings reiterating a “Hold (C)” and the sole tracked analyst maintaining a consensus “Hold” rating.
• The bank reported quarterly EPS of $0.46 on $6.51 million in revenue and increased its quarterly dividend to $0.15 per share, equivalent to a 2.6% annualized yield.

Home Federal Bancorp, Inc. of Louisiana (NASDAQ:HFBL - Get Free Report)'s stock price crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $19.55 and traded as high as $23.50. Home Federal Bancorp, Inc. of Louisiana shares last traded at $23.50, with a volume of 429 shares traded.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a "hold (c)" rating on shares of Home Federal Bancorp, Inc. of Louisiana in a research note on Monday, July 6th. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, Home Federal Bancorp, Inc. of Louisiana has a consensus rating of "Hold".

Home Federal Bancorp, Inc. of Louisiana Price Performance

The company has a debt-to-equity ratio of 0.10, a current ratio of 0.89 and a quick ratio of 0.88. The stock has a market capitalization of $71.67 million, a PE ratio of 11.75 and a beta of 0.38. The firm's 50 day simple moving average is $21.29 and its 200 day simple moving average is $19.55.

Home Federal Bancorp, Inc. of Louisiana (NASDAQ:HFBL - Get Free Report) last announced its quarterly earnings data on Thursday, July 30th. The bank reported $0.46 earnings per share (EPS) for the quarter. Home Federal Bancorp, Inc. of Louisiana had a return on equity of 10.75% and a net margin of 17.56%.The firm had revenue of $6.51 million for the quarter.

Home Federal Bancorp, Inc. of Louisiana Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, August 10th. Investors of record on Monday, July 27th will be issued a dividend of $0.15 per share. The ex-dividend date is Monday, July 27th. This represents a $0.60 dividend on an annualized basis and a yield of 2.6%. This is an increase from Home Federal Bancorp, Inc. of Louisiana's previous quarterly dividend of $0.14. Home Federal Bancorp, Inc. of Louisiana's dividend payout ratio (DPR) is currently 30.00%.

Home Federal Bancorp, Inc. of Louisiana Company Profile

Home Federal Bancorp, Inc of Louisiana is a bank holding company headquartered in Louisiana. Through its subsidiary Home Federal Bank, F.A., the company delivers a full suite of retail and commercial banking products. Its deposit offerings include checking and savings accounts, certificates of deposit, money market accounts and online banking services designed to meet the needs of individuals and small businesses.

The company's lending portfolio encompasses residential mortgage loans, commercial real estate financing, construction and development loans, and various consumer credit products.

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