HomeStreet (HMST) to Release Quarterly Earnings on Tuesday

HomeStreet (NASDAQ:HMST - Get Free Report) is projected to release its Q1 2025 earnings data before the market opens on Tuesday, April 29th. Analysts expect HomeStreet to post earnings of ($0.07) per share and revenue of $46.61 million for the quarter.

HomeStreet (NASDAQ:HMST - Get Free Report) last released its earnings results on Monday, January 27th. The financial services provider reported ($0.27) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.22) by ($0.05). HomeStreet had a negative return on equity of 4.23% and a negative net margin of 40.30%. On average, analysts expect HomeStreet to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

HomeStreet Trading Down 0.9 %

HMST traded down $0.10 during trading on Friday, hitting $11.17. 71,687 shares of the company's stock were exchanged, compared to its average volume of 162,186. The stock has a 50 day moving average price of $10.15 and a 200 day moving average price of $10.94. HomeStreet has a 1 year low of $8.09 and a 1 year high of $16.10. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 3.09. The firm has a market cap of $211.35 million, a P/E ratio of -1.46 and a beta of 1.33.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on HMST shares. Piper Sandler increased their price target on HomeStreet from $10.00 to $14.00 and gave the company a "neutral" rating in a report on Tuesday, April 1st. Janney Montgomery Scott upgraded HomeStreet from a "neutral" rating to a "buy" rating in a report on Tuesday, April 1st. One analyst has rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and an average target price of $14.25.

HomeStreet Company Profile

HomeStreet, Inc operates as the bank holding company for HomeStreet Bank that provides commercial, mortgage, and consumer/retail banking services in the Western United States. The company offers personal and business checking, savings, interest-bearing negotiable order of withdrawal, and money market accounts, as well as certificates of deposit; credit cards; insurance; and treasury management services.