NASDAQ:HMST - HomeStreet Stock Price, News, & Analysis

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$26.09 -0.64 (-2.39 %)
(As of 03/20/2019 04:00 PM ET)
Previous Close$26.73
Today's Range$25.91 - $26.83
52-Week Range$20.50 - $31.55
Volume147,500 shs
Average Volume192,531 shs
Market Capitalization$705.29 million
P/E Ratio17.63
Dividend YieldN/A
Beta0.73
HomeStreet, Inc., together with its subsidiaries, provides various financial services primarily in the Pacific Northwest, California, and Hawaii. The company operates in two segments, Commercial and Consumer Banking, and Mortgage Banking. The Commercial and Consumer Banking segment offers deposit products; non-deposit investment products; and insurance products and cash management services. It also originates consumer loans, single family residential mortgages, loans secured by commercial real estate, construction loans for residential and commercial real estate projects, commercial business loans, and agricultural loans; and bridge loans and permanent loans primarily on single family residences, as well as on office, retail, industrial, and multifamily property types. This segment provides its products and services through bank branches, lending centers, and ATMs, as well as through online, mobile, and telephone banking. The Mortgage Banking segment originates and purchases single family residential mortgage loans for sale in the secondary market. This segment is also involved in the sale of loans on a servicing-released and servicing-retained basis to securitizers and correspondent lenders. The company also offers insurance products and services for consumers. As of December 31, 2017, it had a network of 59 retail deposit branches located in Washington state, Southern California, Portland, Oregon, and Hawaii; and 44 primary stand-alone home loan centers and 6 primary commercial lending centers. The company was formerly known as Continental Mortgage and Loan Company. HomeStreet, Inc. was founded in 1921 and is headquartered in Seattle, Washington.

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Industry, Sector and Symbol

Industry State commercial banks
Sub-IndustryThrifts & Mortgage Finance
SectorFinance
Current SymbolNASDAQ:HMST
CUSIP43785V10
Phone206-623-3050

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$507.66 million
Cash Flow$2.2906 per share
Book Value$27.40 per share

Profitability

Net Income$40.03 million

Miscellaneous

Employees2,036
Market Cap$705.29 million
Next Earnings Date4/22/2019 (Estimated)
OptionableOptionable

HomeStreet (NASDAQ:HMST) Frequently Asked Questions

What is HomeStreet's stock symbol?

HomeStreet trades on the NASDAQ under the ticker symbol "HMST."

How were HomeStreet's earnings last quarter?

HomeStreet Inc (NASDAQ:HMST) issued its quarterly earnings results on Tuesday, January, 22nd. The financial services provider reported $0.36 earnings per share for the quarter, meeting the consensus estimate of $0.36. The financial services provider earned $100 million during the quarter, compared to analysts' expectations of $103.76 million. HomeStreet had a return on equity of 5.61% and a net margin of 7.88%. During the same quarter in the prior year, the firm posted $0.42 earnings per share. View HomeStreet's Earnings History.

When is HomeStreet's next earnings date?

HomeStreet is scheduled to release their next quarterly earnings announcement on Monday, April 22nd 2019. View Earnings Estimates for HomeStreet.

What price target have analysts set for HMST?

5 brokers have issued twelve-month target prices for HomeStreet's stock. Their forecasts range from $26.00 to $35.00. On average, they anticipate HomeStreet's share price to reach $30.20 in the next year. This suggests a possible upside of 15.8% from the stock's current price. View Analyst Price Targets for HomeStreet.

What is the consensus analysts' recommendation for HomeStreet?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for HomeStreet in the last year. There are currently 4 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for HomeStreet.

Has HomeStreet been receiving favorable news coverage?

News stories about HMST stock have trended somewhat positive recently, InfoTrie reports. The research firm rates the sentiment of press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. HomeStreet earned a news sentiment score of 1.3 on InfoTrie's scale. They also gave news headlines about the financial services provider a news buzz of 5.0 out of 10, meaning that recent press coverage is somewhat likely to have an effect on the stock's share price in the near term.

Who are some of HomeStreet's key competitors?

What other stocks do shareholders of HomeStreet own?

Based on aggregate information from My MarketBeat watchlists, some companies that other HomeStreet investors own include VBI Vaccines (VBIV), QuickLogic (QUIK), Verizon Communications (VZ), Fifth Third Bancorp (FITB), Tiffany & Co. (TIF), Coherent (COHR), Cisco Systems (CSCO), Houghton Mifflin Harcourt (HMHC), NVIDIA (NVDA) and Obseva (OBSV).

Who are HomeStreet's key executives?

HomeStreet's management team includes the folowing people:
  • Mr. Mark K. Mason, Chairman, Pres & CEO (Age 59)
  • Mr. Mark R. Ruh CIRA, Exec. VP & CFO (Age 53)
  • Mr. Godfrey B. Evans, Chief Admin. Officer, Exec. VP, Gen. Counsel & Corp. Sec. (Age 65)
  • Mr. William D. Endresen, Commercial Capital Pres & EVP of Commercial Real Estate - Homestreet Bank (Age 64)
  • Ms. Rose Marie David, Sr. EVP & Mortgage Lending Director of HomeStreet Bank (Age 55)

Who are HomeStreet's major shareholders?

HomeStreet's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (14.70%), Victory Capital Management Inc. (3.11%), Investment Counselors of Maryland LLC (2.95%), Boston Partners (2.95%), Bank of New York Mellon Corp (2.04%) and Northern Trust Corp (1.80%). Company insiders that own HomeStreet stock include David H Straus, Edward Schultz, Godfrey B Evans, Jay C Iseman, Mark K Mason, Mark R Ruh, Mark Robert Patterson, Mary L Vincent, Richard W H Bennion and William Endresen. View Institutional Ownership Trends for HomeStreet.

Which major investors are selling HomeStreet stock?

HMST stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, Victory Capital Management Inc., Brandywine Global Investment Management LLC, D. E. Shaw & Co. Inc., Barclays PLC, Context BH Capital Management LP, First Trust Advisors LP and Bank of New York Mellon Corp. Company insiders that have sold HomeStreet company stock in the last year include Edward Schultz, Mark K Mason, Mary L Vincent and Richard W H Bennion. View Insider Buying and Selling for HomeStreet.

Which major investors are buying HomeStreet stock?

HMST stock was bought by a variety of institutional investors in the last quarter, including Boston Partners, Martingale Asset Management L P, BlackRock Inc., Bessemer Group Inc., Acadian Asset Management LLC, Geode Capital Management LLC, Geode Capital Management LLC and Investment Counselors of Maryland LLC. Company insiders that have bought HomeStreet stock in the last two years include David H Straus, Mark K Mason and Mark Robert Patterson. View Insider Buying and Selling for HomeStreet.

How do I buy shares of HomeStreet?

Shares of HMST can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is HomeStreet's stock price today?

One share of HMST stock can currently be purchased for approximately $26.09.

How big of a company is HomeStreet?

HomeStreet has a market capitalization of $705.29 million and generates $507.66 million in revenue each year. The financial services provider earns $40.03 million in net income (profit) each year or $1.48 on an earnings per share basis. HomeStreet employs 2,036 workers across the globe.

What is HomeStreet's official website?

The official website for HomeStreet is http://www.homestreet.com.

How can I contact HomeStreet?

HomeStreet's mailing address is 601 UNION STREET SUITE 2000, SEATTLE WA, 98101. The financial services provider can be reached via phone at 206-623-3050 or via email at [email protected]


MarketBeat Community Rating for HomeStreet (NASDAQ HMST)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  180 (Vote Outperform)
Underperform Votes:  245 (Vote Underperform)
Total Votes:  425
MarketBeat's community ratings are surveys of what our community members think about HomeStreet and other stocks. Vote "Outperform" if you believe HMST will outperform the S&P 500 over the long term. Vote "Underperform" if you believe HMST will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/20/2019 by MarketBeat.com Staff

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