HomeStreet Stock Price, Forecast & Analysis (NASDAQ:HMST)

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

HomeStreet Inc (NASDAQ:HMST) issued its quarterly earnings data on Monday, October, 21st. The financial services provider reported $0.54 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.33 by $0.21. The financial services provider had revenue of $71.71 million for the quarter, compared to the consensus estimate of $67.04 million. HomeStreet had a net margin of 5.66% and a return on equity of 4.88%. During the same quarter in the previous year, the firm earned $0.45 EPS. View HomeStreet's Earnings History.

HomeStreet is scheduled to release their next quarterly earnings announcement on Tuesday, January 28th 2020. View Earnings Estimates for HomeStreet.

3 equities research analysts have issued 1 year target prices for HomeStreet's shares. Their forecasts range from $27.00 to $35.00. On average, they anticipate HomeStreet's stock price to reach $31.00 in the next year. This suggests that the stock has a possible downside of 3.2%. View Analyst Price Targets for HomeStreet.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for HomeStreet in the last year. There are currently 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for HomeStreet.

News stories about HMST stock have trended somewhat positive this week, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. HomeStreet earned a media sentiment score of 1.1 on InfoTrie's scale. They also assigned media coverage about the financial services provider a news buzz of 1.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the next several days. View News Stories for HomeStreet.

HomeStreet saw a decline in short interest in the month of October. As of October 31st, there was short interest totalling 264,100 shares, a decline of 10.5% from the September 30th total of 295,100 shares. Based on an average trading volume of 161,300 shares, the short-interest ratio is presently 1.6 days. Currently, 1.1% of the company's stock are short sold. View HomeStreet's Current Options Chain.

Some companies that are related to HomeStreet include People's United Financial (PBCT), New York Community Bancorp (NYCB), Radian Group (RDN), MGIC Investment (MTG), Lendingtree (TREE), TFS Financial (TFSL), Washington Federal (WAFD), Simply Good Foods (SMPL), WSFS Financial (WSFS), LegacyTexas Financial Group (LTXB), Walker & Dunlop (WD), Capitol Federal Financial (CFFN), Northwest Bancshares (NWBI), Provident Financial Services (PFS) and Berkshire Hills Bancorp (BHLB).

Based on aggregate information from My MarketBeat watchlists, some companies that other HomeStreet investors own include Intelsat (I), Fossil Group (FOSL), Associated British Foods (ABF), Chaarat Gold (CGH), Bank of America (BAC), AMC Entertainment (AMC), First Data (FDC), tronc (TRNC), VBI Vaccines (VBIV) and Apollo Global Management (APO).

HomeStreet's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Russell Investments Group Ltd. (7.92%), Congress Asset Management Co. MA (0.57%), Foundry Partners LLC (0.51%), Rhumbline Advisers (0.32%), California Public Employees Retirement System (0.25%) and Virginia Retirement Systems ET AL (0.17%). Company insiders that own HomeStreet stock include Amen Darrell Van, David A Ederer, David H Straus, Edward Schultz, Godfrey B Evans, Mark K Mason, Mark R Ruh, Mark Robert Patterson, Mary L Vincent, Richard W H Bennion, Sandra A Cavanaugh, Victor H Indiek and William Endresen. View Institutional Ownership Trends for HomeStreet.

HMST stock was sold by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Foundry Partners LLC, First Trust Advisors LP, Comerica Bank, Texas Permanent School Fund, Louisiana State Employees Retirement System, Municipal Employees Retirement System of Michigan and Mason Street Advisors LLC. View Insider Buying and Selling for HomeStreet.

HMST stock was acquired by a variety of institutional investors in the last quarter, including Congress Asset Management Co. MA, Assenagon Asset Management S.A., California Public Employees Retirement System, State of Alaska Department of Revenue, Virginia Retirement Systems ET AL and State of Tennessee Treasury Department. Company insiders that have bought HomeStreet stock in the last two years include Amen Darrell Van, David A Ederer, David H Straus, Godfrey B Evans, Mark K Mason, Mark R Ruh, Mark Robert Patterson and Sandra A Cavanaugh. View Insider Buying and Selling for 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, Robinhood, Fidelity and Charles Schwab.

One share of HMST stock can currently be purchased for approximately $32.01.

HomeStreet has a market capitalization of $781.36 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.View Additional Information About HomeStreet.

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

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]