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.
Industry, Sector and Symbol
Industry State commercial banks
Sub-IndustryThrifts & Mortgage Finance
SectorFinance
SymbolNASDAQ:HMST
CUSIP43785V10
Phone206-623-3050
Debt
Debt-to-Equity Ratio1.39
Current Ratio1.02
Quick Ratio0.92
Price-To-Earnings
Trailing P/E Ratio16.93
Forward P/E Ratio17.67
P/E Growth1.77
Sales & Book Value
Annual Sales$549.84 million
Price / Sales1.40
Cash Flow$2.5424 per share
Price / Cash11.19
Book Value$26.19 per share
Price / Book1.09
Profitability
EPS (Most Recent Fiscal Year)$1.68
Net Income$68.94 million
Net Margins12.13%
Return on Equity6.60%
Return on Assets0.67%
Miscellaneous
Employees2,419
Outstanding Shares26,980,000
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 earnings results on Monday, April, 23rd. The financial services provider reported $0.21 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.41 by $0.20. The financial services provider earned $109.29 million during the quarter, compared to the consensus estimate of $116.75 million. HomeStreet had a return on equity of 6.60% and a net margin of 12.13%. During the same quarter in the prior year, the company posted $0.33 EPS. View HomeStreet's Earnings History.
When is HomeStreet's next earnings date?
What price target have analysts set for HMST?
6 brokers have issued 1-year target prices for HomeStreet's shares. Their predictions range from $26.25 to $35.00. On average, they expect HomeStreet's stock price to reach $29.8750 in the next twelve months. View Analyst Ratings for HomeStreet.
Who are some of HomeStreet's key competitors?
Some companies that are related to HomeStreet include International Bancshares (IBOC), Union Bankshares (UBSH), United Community Bank (UCBI), Great Western Bancorp (GWB), CVB Financial (CVBF), First Interstate BancSystem (FIBK), TowneBank (TOWN), Renasant (RNST), ServisFirst Bancshares (SFBS), Hilltop (HTH), Independent Bank (INDB), Ameris Bancorp (ABCB), Eagle Bancorp (EGBN), Independent Bank Group (IBTX) and Banner (BANR).
Who are HomeStreet's key executives?
HomeStreet's management team includes the folowing people:
- Mr. Mark K. Mason, Chairman, Pres & CEO (Age 58)
- Mr. Mark R. Ruh CIRA, Exec. VP & CFO (Age 52)
- Mr. Godfrey B. Evans, Chief Admin. Officer, Exec. VP, Gen. Counsel & Corp. Sec. (Age 64)
- Mr. William D. Endresen, Commercial Capital Pres & EVP of Commercial Real Estate - Homestreet Bank (Age 63)
- Ms. Rose Marie David, Sr. EVP & Mortgage Lending Director of HomeStreet Bank (Age 54)
Has HomeStreet been receiving favorable news coverage?
Press coverage about HMST stock has been trending somewhat negative on Wednesday, Accern reports. Accern identifies negative and positive news coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. HomeStreet earned a daily sentiment score of -0.02 on Accern's scale. They also assigned news articles about the financial services provider an impact score of 40.10 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the next few days.
Who are HomeStreet's major shareholders?
HomeStreet's stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (13.18%), Dimensional Fund Advisors LP (8.45%), ROARING BLUE LION CAPITAL MANAGEMENT, L.P. (6.20%), ROARING BLUE LION CAPITAL MANAGEMENT, L.P. (6.00%), ROARING BLUE LION CAPITAL MANAGEMENT, L.P. (6.00%) and Millennium Management LLC (3.43%). Company insiders that own HomeStreet stock include David A Ederer, David H Straus, Godfrey B Evans, Jay C Iseman, Mark K Mason, Mark R Ruh, Mark Robert Patterson, Mary L Vincent, Richard W H Bennion, Susan C Greenwald 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 Victory Capital Management Inc., Thompson Siegel & Walmsley LLC, Baird Financial Group Inc., Citadel Advisors LLC, Fisher Asset Management LLC, Pacific Ridge Capital Partners LLC, Boston Partners and OppenheimerFunds Inc.. Company insiders that have sold HomeStreet company stock in the last year include Godfrey B Evans, Mark K Mason, Mark R Ruh, Mary L Vincent, Richard W H Bennion and William Endresen. View Insider Buying and Selling for HomeStreet.
Which major investors are buying HomeStreet stock?
HMST stock was acquired by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., BlackRock Inc., Lyon Street Capital LLC, Piermont Capital Management Inc., Systematic Financial Management LP, Maltese Capital Management LLC, JPMorgan Chase & Co. and Schwab Charles Investment Management Inc.. Company insiders that have bought HomeStreet stock in the last two years include David A Ederer, 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 $28.45.
How big of a company is HomeStreet?
HomeStreet has a market capitalization of $766.14 million and generates $549.84 million in revenue each year. The financial services provider earns $68.94 million in net income (profit) each year or $1.68 on an earnings per share basis. HomeStreet employs 2,419 workers across the globe.
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 (HMST)
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.
