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NASDAQ:HMSTHomeStreet Stock Price, Forecast & News

$28.95
+1.10 (+3.95 %)
(As of 08/7/2020 04:00 PM ET)
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Today's Range
$27.49
Now: $28.95
$28.96
50-Day Range
$22.40
MA: $24.31
$28.28
52-Week Range
$18.44
Now: $28.95
$35.44
Volume135,470 shs
Average Volume161,653 shs
Market Capitalization$677.43 million
P/E Ratio13.72
Dividend Yield2.15%
Beta1.02
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.
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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$3.58 per share
Book Value$29.69 per share

Profitability

Net Income$17.51 million

Miscellaneous

Employees1,071
Market Cap$677.43 million
Next Earnings Date10/19/2020 (Estimated)
OptionableOptionable
$28.95
+1.10 (+3.95 %)
(As of 08/7/2020 04:00 PM ET)
30 days | 90 days | 365 days | Advanced Chart

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HomeStreet (NASDAQ:HMST) Frequently Asked Questions

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

HomeStreet's stock was trading at $23.32 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, HMST shares have increased by 24.1% and is now trading at $28.95.
View which stocks have been most impacted by Coronavirus
.

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) posted its earnings results on Monday, July, 27th. The financial services provider reported $0.81 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.31 by $0.50. The financial services provider earned $88.10 million during the quarter, compared to the consensus estimate of $76.79 million. HomeStreet had a net margin of 13.45% and a return on equity of 8.19%.
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. Investors 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 annualized dividend and a yield of 2.07%. The ex-dividend date of this dividend is Thursday, August 6th.
View HomeStreet's dividend history
.

What price target have analysts set for HMST?

5 Wall Street analysts have issued 12 month price targets for HomeStreet's stock. Their forecasts range from $27.00 to $35.00. On average, they expect HomeStreet's stock price to reach $30.40 in the next twelve months. This suggests a possible upside of 5.0% from the stock's current price.
View analysts' price targets for HomeStreet
.

Has HomeStreet been receiving favorable news coverage?

News coverage about HMST stock has been trending very positive on Saturday, according to InfoTrie. The research firm rates the sentiment of press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. HomeStreet earned a news sentiment score of 4.0 on InfoTrie's scale. They also assigned media stories about the financial services provider a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the near future.
View the latest news about HomeStreet
.

Are investors shorting HomeStreet?

HomeStreet saw a increase in short interest in July. As of July 31st, there was short interest totaling 427,200 shares, an increase of 8.1% from the July 15th total of 395,200 shares. Based on an average trading volume of 163,600 shares, the short-interest ratio is currently 2.6 days. Approximately 1.9% of the shares of the stock are short sold.
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 a number of institutional and retail investors. Top institutional investors include Russell Investments Group Ltd. (8.44%), Mesirow Financial Investment Management Equity Management (1.02%), Foundry Partners LLC (0.78%), Principal Financial Group Inc. (0.75%), Congress Asset Management Co. MA (0.49%) and Assenagon Asset Management S.A. (0.42%). 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, Mary L Vincent, Sandra A Cavanaugh, Troy Harper and Victor H Indiek.
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 Russell Investments Group Ltd., Principal Financial Group Inc., First Trust Advisors LP, Texas Permanent School Fund, and PNC Financial Services Group Inc.. 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 major 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, Mesirow Financial Investment Management Equity Management, LSV Asset Management, Swiss National Bank, WINTON GROUP Ltd, and SG Americas Securities LLC. 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, 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 $28.95.

How big of a company is HomeStreet?

HomeStreet has a market capitalization of $677.43 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 8/8/2020 by MarketBeat.com Staff

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