HomeStreet, Inc. (NASDAQ:HMST - Free Report) - Equities researchers at Wedbush cut their Q3 2025 earnings estimates for HomeStreet in a report released on Wednesday, May 1st. Wedbush analyst D. Chiaverini now expects that the financial services provider will earn $0.16 per share for the quarter, down from their previous forecast of $0.22. Wedbush has a "Neutral" rating and a $16.00 price objective on the stock. The consensus estimate for HomeStreet's current full-year earnings is $0.19 per share. Wedbush also issued estimates for HomeStreet's Q4 2025 earnings at $0.19 EPS.
HomeStreet (NASDAQ:HMST - Get Free Report) last issued its quarterly earnings results on Monday, January 29th. The financial services provider reported ($0.12) earnings per share for the quarter, missing the consensus estimate of $0.03 by ($0.15). The firm had revenue of $45.95 million during the quarter, compared to analysts' expectations of $49.73 million. HomeStreet had a negative return on equity of 0.43% and a negative net margin of 8.97%.
Other equities research analysts have also issued research reports about the stock. StockNews.com assumed coverage on shares of HomeStreet in a research note on Wednesday. They set a "sell" rating on the stock. Keefe, Bruyette & Woods increased their price objective on shares of HomeStreet from $11.00 to $15.50 and gave the company a "market perform" rating in a research report on Wednesday, January 17th. One equities research analyst has rated the stock with a sell rating and three have assigned a hold rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Hold" and an average price target of $12.17.
Check Out Our Latest Stock Report on HomeStreet
HomeStreet Stock Up 1.5 %
Shares of HMST stock traded up $0.16 during mid-day trading on Friday, reaching $10.98. 131,179 shares of the company's stock traded hands, compared to its average volume of 288,121. The company's 50-day moving average price is $13.84 and its 200-day moving average price is $10.96. The company has a market cap of $207.06 million, a P/E ratio of -5.23 and a beta of 1.35. The company has a quick ratio of 1.10, a current ratio of 1.17 and a debt-to-equity ratio of 4.40. HomeStreet has a 12 month low of $4.20 and a 12 month high of $15.82.
Institutional Trading of HomeStreet
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Russell Investments Group Ltd. grew its holdings in shares of HomeStreet by 2.4% in the fourth quarter. Russell Investments Group Ltd. now owns 34,288 shares of the financial services provider's stock worth $353,000 after purchasing an additional 810 shares during the last quarter. PNC Financial Services Group Inc. lifted its position in shares of HomeStreet by 167.2% in the 3rd quarter. PNC Financial Services Group Inc. now owns 3,284 shares of the financial services provider's stock worth $26,000 after purchasing an additional 2,055 shares during the period. Tower Research Capital LLC TRC boosted its stake in shares of HomeStreet by 132.8% during the fourth quarter. Tower Research Capital LLC TRC now owns 4,388 shares of the financial services provider's stock valued at $45,000 after purchasing an additional 2,503 shares in the last quarter. CWM LLC lifted its holdings in HomeStreet by 2,222.2% during the fourth quarter. CWM LLC now owns 3,553 shares of the financial services provider's stock worth $37,000 after buying an additional 3,400 shares during the period. Finally, AJOVista LLC bought a new stake in HomeStreet during the 4th quarter valued at $38,000. 74.71% of the stock is owned by hedge funds and other institutional investors.
Insider Activity at HomeStreet
In related news, Director Joanne R. Harrell bought 1,685 shares of the business's stock in a transaction dated Friday, March 15th. The shares were purchased at an average price of $14.87 per share, with a total value of $25,055.95. Following the transaction, the director now owns 14,907 shares in the company, valued at approximately $221,667.09. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 4.60% of the stock is currently owned by insiders.
HomeStreet Company Profile
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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.
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