NASDAQ:HMST HomeStreet (HMST) Stock Forecast, Price & News $7.79 +0.33 (+4.42%) (As of 09/29/2023 08:53 PM ET) Add Compare Share Share Today's Range$7.54▼$7.9050-Day Range$7.46▼$11.1052-Week Range$4.76▼$32.51Volume218,600 shsAverage Volume408,244 shsMarket Capitalization$146.37 millionP/E Ratio59.92Dividend Yield5.13%Price Target$17.00 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media HomeStreet MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside118.2% Upside$17.00 Price TargetShort InterestHealthy8.27% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.38Based on 3 Articles This WeekInsider TradingN/AProj. Earnings Growth5.77%From $0.52 to $0.55 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.73 out of 5 starsFinance Sector297th out of 860 stocksState Commercial Banks Industry80th out of 181 stocks 3.0 Analyst's Opinion Consensus RatingHomeStreet has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $17.00, HomeStreet has a forecasted upside of 118.2% from its current price of $7.79.Amount of Analyst CoverageHomeStreet has only been the subject of 1 research reports in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted8.27% of the float of HomeStreet has been sold short.Short Interest Ratio / Days to CoverHomeStreet has a short interest ratio ("days to cover") of 3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in HomeStreet has recently decreased by 18.44%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend LeadershipHomeStreet is a leading dividend payer. It pays a dividend yield of 5.13%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthHomeStreet does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of HomeStreet is 307.69%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, HomeStreet will have a dividend payout ratio of 72.73% next year. This indicates that HomeStreet will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for HMST. Previous Next 2.4 News and Social Media Coverage News SentimentHomeStreet has a news sentiment score of 0.38. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.70 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 3 news articles for HomeStreet this week, compared to 1 article on an average week.Search InterestOnly 2 people have searched for HMST on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.MarketBeat Follows4 people have added HomeStreet to their MarketBeat watchlist in the last 30 days. This is an increase of 33% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, HomeStreet insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 4.60% of the stock of HomeStreet is held by insiders.Percentage Held by Institutions76.45% of the stock of HomeStreet is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for HomeStreet are expected to grow by 5.77% in the coming year, from $0.52 to $0.55 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of HomeStreet is 59.92, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 119.68.Price to Earnings Ratio vs. SectorThe P/E ratio of HomeStreet is 59.92, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 64.45.Price to Book Value per Share RatioHomeStreet has a P/B Ratio of 0.26. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About HomeStreet (NASDAQ:HMST) StockHomeStreet, Inc. operates as the bank holding company for HomeStreet Bank that provides commercial, mortgage, and consumer/retail banking services primarily in the Western United States. The company offers personal and business checking, savings accounts, interest-bearing, money market accounts, and certificates of deposit; credit cards; insurance; and cash management services. Its loan products include commercial real estate (CRE), multifamily, construction and land development, owner occupied CRE and commercial business loans; and single family, home equity, and other loans. In addition, the company offers online, mobile, and telephone banking. HomeStreet, Inc. serves small and medium sized businesses, real estate investors, professional firms, and individuals. The company was formerly known as Continental Mortgage and Loan Company. HomeStreet, Inc. was incorporated in 1921 and is headquartered in Seattle, Washington.Read More HMST Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart HMST Stock News HeadlinesSeptember 28, 2023 | finance.yahoo.comDo Options Traders Know Something About HomeStreet (HMST) Stock We Don't?September 24, 2023 | marketwatch.comHomeStreet Rejects $57M Offer for Underwriting and Servicer BusinessOctober 2, 2023 | Chaikin Analytics (Ad)This is the #1 Stock to Buy for the AI Tidal WaveMarc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.September 22, 2023 | finance.yahoo.comHomeStreet Responds to Blue Lion Capital Letters to ShareholdersSeptember 20, 2023 | finance.yahoo.comBlue Lion Capital Updates Shareholders on HomeStreet BankAugust 3, 2023 | benzinga.comHomeStreet: Dividend InsightsAugust 1, 2023 | bloomberg.comHomeStreet Bank Is Said to Explore Options Including SaleAugust 1, 2023 | finance.yahoo.comQ2 2023 HomeStreet Inc Earnings CallOctober 2, 2023 | Behind the Markets (Ad)[BREAKING] New "Living Missile" to Replace Nuclear MissilesCBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!July 31, 2023 | msn.comHomeStreet Earnings Highlights - $L $IMGN $SOFI $ON $DISHJuly 31, 2023 | markets.businessinsider.comPiper Sandler Reaffirms Their Hold Rating on HomeStreet (HMST)July 31, 2023 | markets.businessinsider.comWedbush Keeps Their Hold Rating on HomeStreet (HMST)July 28, 2023 | finance.yahoo.comHomeStreet (HMST) Reports Q2 Earnings: What Key Metrics Have to SayJuly 28, 2023 | fool.comHomeStreet (NASDAQ: HMST)July 28, 2023 | finance.yahoo.comHomeStreet Reports Second Quarter 2023 ResultsJuly 28, 2023 | washingtonpost.comHomeStreet: Q2 Earnings SnapshotJuly 28, 2023 | benzinga.comPreview: HomeStreet's EarningsJuly 13, 2023 | finance.yahoo.comFollowing a 78% decline over last year, recent gains may please HomeStreet, Inc. (NASDAQ:HMST) institutional ownersJuly 6, 2023 | finance.yahoo.comHomeStreet Schedules Second Quarter 2023 Analyst Earnings Call for Monday, July 31, 2023June 16, 2023 | finance.yahoo.comThe past year for HomeStreet (NASDAQ:HMST) investors has not been profitableMay 31, 2023 | finance.yahoo.comAre Options Traders Betting on a Big Move in HomeStreet (HMST) Stock?May 26, 2023 | finanznachrichten.deS&P Dow Jones Indices: Knife River Set to Join S&P MidCap 400; Bank of Hawaii to Join S&P SmallCap 600May 6, 2023 | finance.yahoo.comLead Independent Director of HomeStreet Mark Patterson Buys 30% More Shares \May 2, 2023 | finance.yahoo.comHomeStreet, Inc. (NASDAQ:HMST) Q1 2023 Earnings Call TranscriptApril 29, 2023 | finance.yahoo.comDowngrade: Here's How Analysts See HomeStreet, Inc. (NASDAQ:HMST) Performing In The Near TermApril 24, 2023 | finance.yahoo.comHomeStreet (HMST) Q1 Earnings and Revenues Lag EstimatesApril 24, 2023 | finance.yahoo.comHomeStreet Reports First Quarter 2023 ResultsSee More Headlines Receive HMST Stock News and Ratings via Email Sign-up to receive the latest news and ratings for HomeStreet and its competitors with MarketBeat's FREE daily newsletter. Email Address HMST Company Calendar Last Earnings7/28/2023Ex-Dividend for 8/23 Dividend8/08/2023Dividend Payable8/23/2023Today10/01/2023Next Earnings (Estimated)10/23/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry State commercial banks Sub-IndustryThrifts & Mortgage Finance SectorFinance Current SymbolNASDAQ:HMST CUSIP43785V10 CIK1518715 Webwww.homestreet.com Phone(206) 623-3050Fax800-654-1075Employees915Year Founded1921Price Target and Rating Average Stock Price Forecast$17.00 High Stock Price Forecast$29.00 Low Stock Price Forecast$10.00 Forecasted Upside/Downside+118.2%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$0.13 Trailing P/E Ratio59.92 Forward P/E Ratio14.98 P/E GrowthN/ANet Income$66.54 million Net Margins0.59% Pretax Margin1.78% Return on Equity6.69% Return on Assets0.39% Debt Debt-to-Equity Ratio4.16 Current Ratio1.12 Quick Ratio1.12 Sales & Book Value Annual Sales$355.86 million Price / Sales0.41 Cash Flow$4.45 per share Price / Cash Flow1.75 Book Value$30.02 per share Price / Book0.26Miscellaneous Outstanding Shares18,790,000Free Float17,929,000Market Cap$146.37 million OptionableOptionable Beta1.02 Social Links Investing Strategies To Help Grow Your Retirement IncomeNeed to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.Get This Free Report Key ExecutivesMr. Mark K. Mason (Age 63)Exec. Chairman, Pres & CEO Comp: $1.02MMr. John Matthias Michel CPA (Age 63)Exec. VP & CFO Comp: $626.59kMr. Darrell S. van Amen (Age 57)Chief Investment Officer, Exec. VP & Treasurer Comp: $483.21kMr. Godfrey B. Evans (Age 69)Chief Admin. Officer, Exec. VP, Gen. Counsel & Corp. Sec. Comp: $437.08kMr. William D. Endresen (Age 68)Commercial Capital Pres & Exec. VP of Commercial Real Estate of Homestreet Bank Comp: $1.58MMr. Troy D. Harper (Age 55)Exec. VP, Chief Information & Operations Officer Mr. Jay C. Iseman (Age 63)Exec. VP & Chief Credit Officer Mr. Richard W. H. Bennion (Age 73)Exec. VP Mr. Paul A. RenstromSr. VP of Homestreet Bank & Enterprise Risk Management DirectorMr. Erik D. Hand (Age 57)Exec. VP & Residential Lending Director of HomeStreet Bank More ExecutivesKey CompetitorsFirst Financial NorthwestNASDAQ:FFNWFlushing FinancialNASDAQ:FFICTrustCo Bank Corp NYNASDAQ:TRSTFirst Internet BancorpNASDAQ:INBKPenns Woods BancorpNASDAQ:PWODView All CompetitorsInsiders & InstitutionsBarclays PLCSold 20,887 shares on 9/21/2023Ownership: 0.037%Farther Finance Advisors LLCBought 25,920 shares on 9/12/2023Ownership: 0.138%California State Teachers Retirement SystemSold 1,291 shares on 8/21/2023Ownership: 0.116%Goldman Sachs Group Inc.Sold 4,114 shares on 8/15/2023Ownership: 0.778%Stifel Financial CorpSold 1,500 shares on 8/15/2023Ownership: 0.088%View All Insider TransactionsView All Institutional Transactions HMST Stock - Frequently Asked Questions Should I buy or sell HomeStreet stock right now? 3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for HomeStreet in the last year. There are currently 3 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" HMST shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in HMST, but not buy additional shares or sell existing shares. View HMST analyst ratings or view top-rated stocks. What is HomeStreet's stock price forecast for 2023? 3 Wall Street analysts have issued 1 year price objectives for HomeStreet's shares. Their HMST share price forecasts range from $10.00 to $29.00. On average, they anticipate the company's share price to reach $17.00 in the next twelve months. This suggests a possible upside of 118.2% from the stock's current price. View analysts price targets for HMST or view top-rated stocks among Wall Street analysts. How have HMST shares performed in 2023? HomeStreet's stock was trading at $27.58 on January 1st, 2023. Since then, HMST shares have decreased by 71.8% and is now trading at $7.79. View the best growth stocks for 2023 here. Are investors shorting HomeStreet? HomeStreet saw a drop in short interest in September. As of September 15th, there was short interest totaling 1,460,000 shares, a drop of 18.4% from the August 31st total of 1,790,000 shares. Based on an average daily volume of 482,300 shares, the short-interest ratio is currently 3.0 days. Currently, 8.3% of the company's stock are short sold. View HomeStreet's Short Interest. When is HomeStreet's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, October 23rd 2023. View our HMST earnings forecast. How were HomeStreet's earnings last quarter? HomeStreet, Inc. (NASDAQ:HMST) released its quarterly earnings data on Friday, July, 28th. The financial services provider reported $0.17 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.20 by $0.03. The financial services provider earned $53.79 million during the quarter, compared to analysts' expectations of $57.07 million. HomeStreet had a trailing twelve-month return on equity of 6.69% and a net margin of 0.59%. How often does HomeStreet pay dividends? What is the dividend yield for HomeStreet? HomeStreet announced a quarterly dividend on Friday, July 28th. Investors of record on Wednesday, August 9th will be given a dividend of $0.10 per share on Wednesday, August 23rd. This represents a $0.40 annualized dividend and a yield of 5.13%. The ex-dividend date of this dividend is Tuesday, August 8th. Read our dividend analysis for HMST. Is HomeStreet a good dividend stock? HomeStreet (NASDAQ:HMST) pays an annual dividend of $0.40 per share and currently has a dividend yield of 5.13%. HMST has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 307.69%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, HMST will have a dividend payout ratio of 72.73% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for HMST. What is Mark K. Mason's approval rating as HomeStreet's CEO? 78 employees have rated HomeStreet Chief Executive Officer Mark K. Mason on Glassdoor.com. Mark K. Mason has an approval rating of 38% among the company's employees. This puts Mark K. Mason in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of HomeStreet own? Based on aggregate information from My MarketBeat watchlists, some companies that other HomeStreet investors own include Intelsat (I), Fossil Group (FOSL), Bank of America (BAC), AMC Entertainment (AMC), Associated British Foods (ABF), Chaarat Gold (CGH), First Data (FDC), VBI Vaccines (VBIV), Apollo Global Management (APO) and China Unicom (Hong Kong) (CHU). What is HomeStreet's stock symbol? HomeStreet trades on the NASDAQ under the ticker symbol "HMST." How do I buy shares of HomeStreet? Shares of HMST stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is HomeStreet's stock price today? One share of HMST stock can currently be purchased for approximately $7.79. How much money does HomeStreet make? HomeStreet (NASDAQ:HMST) has a market capitalization of $146.37 million and generates $355.86 million in revenue each year. The financial services provider earns $66.54 million in net income (profit) each year or $0.13 on an earnings per share basis. How many employees does HomeStreet have? The company employs 915 workers across the globe. How can I contact HomeStreet? HomeStreet's mailing address is 601 UNION STREET SUITE 2000, SEATTLE WA, 98101. The official website for the company is www.homestreet.com. The financial services provider can be reached via phone at (206) 623-3050, via email at ir@homestreet.com, or via fax at 800-654-1075. This page (NASDAQ:HMST) was last updated on 10/2/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding HomeStreet, Inc. 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