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
Stock Exchange NASDAQ
Industry State commercial banks
Sub-IndustryThrifts & Mortgage Finance
SectorFinance
Current SymbolNASDAQ:HMST
Previous Symbol
CUSIP43785V10
Phone206-623-3050
Debt
Debt-to-Equity Ratio1.32
Current Ratio1.02
Quick Ratio0.95
Price-To-Earnings
Trailing P/E Ratio15.20
Forward P/E Ratio15.25
P/E Growth2.2
Sales & Book Value
Annual Sales$549.84 million
Price / Sales1.15
Cash Flow$2.5140 per share
Price / Cash Flow9.28
Book Value$26.19 per share
Price / Book0.89
Profitability
EPS (Most Recent Fiscal Year)$1.68
Net Income$68.94 million
Net Margins11.41%
Return on Equity5.94%
Return on Assets0.60%
Miscellaneous
Employees2,419
Outstanding Shares26,990,000
Market Cap$635.93 million
OptionableOptionable
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) released its quarterly earnings results on Monday, October, 22nd. The financial services provider reported $0.44 earnings per share for the quarter, topping analysts' consensus estimates of $0.41 by $0.03. The financial services provider had revenue of $109.75 million for the quarter, compared to analysts' expectations of $114.14 million. HomeStreet had a return on equity of 5.94% and a net margin of 11.41%. During the same quarter in the prior year, the firm posted $0.51 EPS. View HomeStreet's Earnings History.
When is HomeStreet's next earnings date?
What price target have analysts set for HMST?
5 analysts have issued 12 month price targets for HomeStreet's shares. Their predictions range from $28.00 to $36.00. On average, they anticipate HomeStreet's stock price to reach $30.80 in the next twelve months. This suggests a possible upside of 32.0% from the stock's current price. View Analyst Price Targets for HomeStreet.
What is the consensus analysts' recommendation for HomeStreet?
5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for HomeStreet in the last year. There are currently 4 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for HomeStreet.
Has HomeStreet been receiving favorable news coverage?
News headlines about HMST stock have been trending very negative this week, InfoTrie Sentiment Analysis reports. The research firm rates the sentiment of media coverage by reviewing 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 closest to five being the most favorable. HomeStreet earned a media sentiment score of -3.8 on InfoTrie's scale. They also assigned media stories about the financial services provider a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the stock's share price in the next several days.
Who are some of HomeStreet's key competitors?
Some companies that are related to HomeStreet include Bancorpsouth Bank (BXS), South State (SSB), First Interstate Bancsystem (FIBK), International Bancshares (IBOC), Union Bankshares (UBSH), Independent Bank (INDB), Great Western Bancorp (GWB), First Bancorp (FBP), Renasant (RNST), United Community Banks (UCBI), TowneBank (TOWN), Banner (BANR), ServisFirst Bancshares (SFBS), Eagle Bancorp (EGBN) and Hilltop (HTH).
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)
Who are HomeStreet's major shareholders?
HomeStreet's stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (14.36%), Dimensional Fund Advisors LP (8.42%), NWQ Investment Management Company LLC (6.53%), Vanguard Group Inc. (5.79%), Vanguard Group Inc (5.79%) and Victory Capital Management Inc. (3.76%). Company insiders that own HomeStreet stock include David A Ederer, David H Straus, Edward Schultz, 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 Morgan Stanley, Thompson Siegel & Walmsley LLC, First Trust Advisors LP, JPMorgan Chase & Co., JPMorgan Chase & Co., Russell Investments Group Ltd., NWQ Investment Management Company LLC and Fisher Asset Management LLC. Company insiders that have sold HomeStreet company stock in the last year include Edward Schultz, 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 BlackRock Inc., Bridgeway Capital Management Inc., Dimensional Fund Advisors LP, Vanguard Group Inc, Vanguard Group Inc., Bank of New York Mellon Corp, Investment Counselors of Maryland LLC and Maltese Capital Management LLC. 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 $23.33.
How big of a company is HomeStreet?
HomeStreet has a market capitalization of $635.93 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.
What is HomeStreet's official website?
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 (NASDAQ 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.
