Home Bancorp (HBCP) Scheduled to Post Quarterly Earnings on Wednesday

Home Bancorp (NASDAQ:HBCP - Get Free Report) is scheduled to issue its quarterly earnings data after the market closes on Wednesday, April 17th. Analysts expect the company to announce earnings of $1.00 per share for the quarter. Parties that wish to register for the company's conference call can do so using this link.

Home Bancorp (NASDAQ:HBCP - Get Free Report) last issued its quarterly earnings results on Monday, January 22nd. The bank reported $1.17 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.03 by $0.14. The firm had revenue of $32.76 million during the quarter, compared to analyst estimates of $33.10 million. Home Bancorp had a return on equity of 11.46% and a net margin of 22.57%. On average, analysts expect Home Bancorp to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Home Bancorp Price Performance

NASDAQ HBCP traded down $0.69 on Friday, reaching $34.70. 5,249 shares of the stock traded hands, compared to its average volume of 11,597. The firm's fifty day simple moving average is $36.34 and its 200 day simple moving average is $37.14. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.26. The company has a market cap of $282.81 million, a price-to-earnings ratio of 6.95 and a beta of 0.68. Home Bancorp has a 12 month low of $27.75 and a 12 month high of $44.00.

Home Bancorp Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, February 16th. Shareholders of record on Monday, February 5th were paid a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 2.88%. The ex-dividend date was Friday, February 2nd. Home Bancorp's payout ratio is currently 20.04%.

Institutional Investors Weigh In On Home Bancorp

A number of institutional investors and hedge funds have recently modified their holdings of the stock. BlackRock Inc. lifted its position in shares of Home Bancorp by 2.2% during the 2nd quarter. BlackRock Inc. now owns 425,917 shares of the bank's stock valued at $14,145,000 after acquiring an additional 9,025 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of Home Bancorp by 3.1% in the fourth quarter. Dimensional Fund Advisors LP now owns 382,901 shares of the bank's stock valued at $16,087,000 after purchasing an additional 11,623 shares in the last quarter. Vanguard Group Inc. lifted its holdings in shares of Home Bancorp by 0.7% in the fourth quarter. Vanguard Group Inc. now owns 361,629 shares of the bank's stock valued at $15,192,000 after purchasing an additional 2,559 shares in the last quarter. State Street Corp lifted its holdings in shares of Home Bancorp by 0.9% in the second quarter. State Street Corp now owns 159,751 shares of the bank's stock valued at $5,305,000 after purchasing an additional 1,377 shares in the last quarter. Finally, Renaissance Technologies LLC lifted its holdings in shares of Home Bancorp by 4.9% in the first quarter. Renaissance Technologies LLC now owns 153,473 shares of the bank's stock valued at $6,260,000 after purchasing an additional 7,100 shares in the last quarter. Institutional investors and hedge funds own 49.41% of the company's stock.

Analysts Set New Price Targets

Separately, Piper Sandler downgraded Home Bancorp from an "overweight" rating to a "neutral" rating and increased their price objective for the company from $40.00 to $43.00 in a research report on Wednesday, January 24th.

About Home Bancorp

Home Bancorp, Inc operates as the bank holding company for Home Bank, National Association that provides various banking products and services in Louisiana, Mississippi, and Texas. It offers deposit products, including interest-bearing and noninterest-bearing checking, money market, savings, NOW, and certificates of deposit accounts.