Log in
NASDAQ:HMST

HomeStreet Stock Forecast, Price & News

$27.68
+0.47 (+1.73 %)
(As of 09/18/2020 12:00 AM ET)
Add
Compare
Today's Range
$27.08
Now: $27.68
$27.76
50-Day Range
$23.47
MA: $27.50
$28.99
52-Week Range
$18.44
Now: $27.68
$35.44
Volume638,852 shs
Average Volume176,454 shs
Market Capitalization$628.53 million
P/E Ratio13.12
Dividend Yield2.21%
Beta1.04
HomeStreet, Inc. operates as the bank holding company for HomeStreet Bank, a state-chartered commercial bank that provides commercial and consumer banking 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 offers 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 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. As of December 31, 2018, it had a network of 60 retail deposit branches located in Washington state, Southern California, the Portland, Oregon, and Hawaii; and 32 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.
Read More
HomeStreet logo

Beat the Market (BTM) Rank

Analyst Opinion: 1.2Community Rank: 2.1Dividend Strength: 2.5Insider Behavior: 4.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.34 out of 5 stars


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$352.04 million
Cash Flow$3.55 per share
Book Value$27.84 per share

Profitability

Net Income$17.51 million

Miscellaneous

Employees1,071
Market Cap$628.53 million
Next Earnings Date10/19/2020 (Estimated)
OptionableOptionable
$27.68
+0.47 (+1.73 %)
(As of 09/18/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

Receive HMST News and Ratings via Email

Sign-up to receive the latest news and ratings for HMST and its competitors with MarketBeat's FREE daily newsletter.

speech bubbles
speech bubbles











HomeStreet (NASDAQ:HMST) Frequently Asked Questions

How has HomeStreet's stock been impacted by Coronavirus (COVID-19)?

HomeStreet's stock was trading at $23.32 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, HMST shares have increased by 18.7% and is now trading at $27.68.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of HomeStreet?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for HomeStreet in the last year. There are currently 3 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for HomeStreet
.

When is HomeStreet's next earnings date?

HomeStreet is scheduled to release its next quarterly earnings announcement on Monday, October 19th 2020.
View our earnings forecast for HomeStreet
.

How were HomeStreet's earnings last quarter?

HomeStreet Inc (NASDAQ:HMST) issued its quarterly earnings data on Monday, July, 27th. The financial services provider reported $0.81 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.31 by $0.50. The financial services provider had revenue of $88.10 million for the quarter, compared to analyst estimates of $76.79 million. HomeStreet had a return on equity of 8.19% and a net margin of 13.45%.
View HomeStreet's earnings history
.

How often does HomeStreet pay dividends? What is the dividend yield for HomeStreet?

HomeStreet announced a quarterly dividend on Thursday, July 30th. Stockholders of record on Friday, August 7th will be paid a dividend of $0.15 per share on Monday, August 24th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 2.17%. The ex-dividend date is Thursday, August 6th.
View HomeStreet's dividend history
.

What price target have analysts set for HMST?

5 brokerages have issued 1-year price targets for HomeStreet's shares. Their forecasts range from $27.00 to $35.00. On average, they anticipate HomeStreet's stock price to reach $30.40 in the next twelve months. This suggests a possible upside of 9.8% from the stock's current price.
View analysts' price targets for HomeStreet
.

Are investors shorting HomeStreet?

HomeStreet saw a drop in short interest during the month of August. As of August 31st, there was short interest totaling 282,600 shares, a drop of 43.8% from the August 15th total of 503,000 shares. Based on an average daily volume of 162,900 shares, the days-to-cover ratio is presently 1.7 days. Approximately 1.3% of the company's shares are sold short.
View HomeStreet's Short Interest
.

Who are some of HomeStreet's key competitors?

What other stocks do shareholders of HomeStreet own?

Who are HomeStreet's key executives?

HomeStreet's management team includes the following people:
  • Mr. Mark K. Mason, Chairman, Pres & CEO (Age 59)
  • Mr. Mark R. Ruh CIRA, Exec. VP, CFO & Principal Accounting Officer (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)

What is HomeStreet's stock symbol?

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

Who are HomeStreet's major shareholders?

HomeStreet's stock is owned by many different retail and institutional investors. Top institutional investors include Russell Investments Group Ltd. (8.44%), Vanguard Group Inc. (6.78%), Bank of New York Mellon Corp (1.10%), Mesirow Financial Investment Management Equity Management (1.02%), AQR Capital Management LLC (0.90%) and Bank of Montreal Can (0.81%). Company insiders that own HomeStreet stock include Amen Darrell Van, David A Ederer, Douglas Irvine Smith, Godfrey B Evans, James R Mitchell, Jeffrey D Green, Mark R Ruh, Mark Robert Patterson, Nancy D Pellegrino, Sandra A Cavanaugh, Troy Harper and Victor H Indiek.
View institutional ownership trends for HomeStreet
.

Which institutional investors are selling HomeStreet stock?

HMST stock was sold by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., AQR Capital Management LLC, Vanguard Group Inc., Goldman Sachs Group Inc., Marshall Wace LLP, Prudential Financial Inc., Bank of America Corp DE, and Bank of New York Mellon Corp. Company insiders that have sold HomeStreet company stock in the last year include Godfrey B Evans, and Victor H Indiek.
View insider buying and selling activity for HomeStreet
.

Which institutional investors are buying HomeStreet stock?

HMST stock was acquired by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Mackay Shields LLC, Seizert Capital Partners LLC, Federated Hermes Inc., Mesirow Financial Investment Management Equity Management, ClariVest Asset Management LLC, LSV Asset Management, and Bank of Montreal Can. Company insiders that have bought HomeStreet stock in the last two years include Amen Darrell Van, David A Ederer, Douglas Irvine Smith, Godfrey B Evans, James R Mitchell, Jeffrey D Green, Mark R Ruh, Mark Robert Patterson, Nancy D Pellegrino, Sandra A Cavanaugh, and Troy Harper.
View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is HomeStreet's stock price today?

One share of HMST stock can currently be purchased for approximately $27.68.

How big of a company is HomeStreet?

HomeStreet has a market capitalization of $628.53 million and generates $352.04 million in revenue each year. The financial services provider earns $17.51 million in net income (profit) each year or $1.70 on an earnings per share basis. HomeStreet employs 1,071 workers across the globe.

What is HomeStreet's official website?

The official website for HomeStreet is 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]

This page was last updated on 9/20/2020 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.