HomeStreet Stock Forecast, Price & News

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for HomeStreet in the last year. There are currently 1 sell rating, 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" HomeStreet stock. 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 analyst ratings for HomeStreet or view top-rated stocks.

3 brokerages have issued 1 year target prices for HomeStreet's stock. Their HMST stock forecasts range from $40.00 to $63.00. On average, they anticipate HomeStreet's share price to reach $48.67 in the next twelve months. This suggests a possible upside of 36.2% from the stock's current price.
View analysts' price targets for HomeStreet or view top-rated stocks among Wall Street analysts.

HomeStreet's stock was trading at $52.00 at the beginning of 2022. Since then, HMST stock has decreased by 31.3% and is now trading at $35.73.
View the best growth stocks for 2022 here.

HomeStreet is scheduled to release its next quarterly earnings announcement on Monday, July 25th 2022.
View our earnings forecast for HomeStreet.

HomeStreet will be holding an earnings conference call on Tuesday, July 26th at 1:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 866-813-9403 with passcode "083609".

HomeStreet, Inc. (NASDAQ:HMST) announced its earnings results on Monday, April, 25th. The financial services provider reported $1.01 earnings per share for the quarter, beating the consensus estimate of $0.95 by $0.06. The financial services provider earned $70.10 million during the quarter, compared to analysts' expectations of $75.67 million. HomeStreet had a trailing twelve-month return on equity of 15.46% and a net margin of 31.04%. During the same quarter last year, the business posted $1.35 EPS.
View HomeStreet's earnings history.

HomeStreet announced a quarterly dividend on Thursday, April 28th. Investors of record on Tuesday, May 10th will be given a dividend of $0.35 per share on Tuesday, May 24th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 3.92%. The ex-dividend date is Monday, May 9th.
View HomeStreet's dividend history.

HomeStreet(NASDAQ:HMST) pays an annual dividend of $1.40 per share and currently has a dividend yield of 4.04%. HMST has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. HomeStreet has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio of HomeStreet is 27.34%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HomeStreet will have a dividend payout ratio of 25.69% next year. This indicates that HomeStreet will be able to sustain or increase its dividend.
View HomeStreet's dividend history.

78 employees have rated HomeStreet CEO Mark K. Mason on Glassdoor.com. Mark K. Mason has an approval rating of 38% among HomeStreet's employees. This puts Mark K. Mason in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

Some companies that are related to HomeStreet include New York Community Bancorp (NYCB), MGIC Investment (MTG), Simply Good Foods (SMPL), TFS Financial (TFSL), Radian Group (RDN), Walker & Dunlop (WD), WSFS Financial (WSFS), Washington Federal (WAFD), Provident Financial Services (PFS), Northwest Bancshares (NWBI), Capitol Federal Financial (CFFN), Berkshire Hills Bancorp (BHLB), Dime Community Bancshares (DCOM), OceanFirst Financial (OCFC) and Banc of California (BANC).
View all of HMST's competitors.

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).

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

Shares of HMST 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.

One share of HMST stock can currently be purchased for approximately $35.73.

HomeStreet (NASDAQ:HMST) has a market capitalization of $668.29 million and generates $364.27 million in revenue each year. The financial services provider earns $115.42 million in net income (profit) each year or $5.119990 on an earnings per share basis.

HomeStreet employs 934 workers across the globe.

HomeStreet's mailing address is 601 UNION STREET SUITE 2000, SEATTLE WA, 98101. The official website for HomeStreet 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.