NASDAQ:HMST - HomeStreet Stock Price, News, & Analysis

Sign in or create an account to add this stock to your watchlist.
$28.04 -0.02 (-0.07 %)
(As of 05/19/2019 04:00 PM ET)
Previous Close$28.04
Today's Range$27.78 - $28.49
52-Week Range$20.50 - $31.55
Volume104,681 shs
Average Volume126,448 shs
Market Capitalization$758.20 million
P/E Ratio18.95
Dividend YieldN/A
Beta0.73
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.

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.

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$507.66 million
Cash Flow$2.4089 per share
Book Value$27.63 per share

Profitability

Net Income$40.03 million

Miscellaneous

Employees2,036
Market Cap$758.20 million
Next Earnings Date7/22/2019 (Estimated)
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) posted its quarterly earnings data on Tuesday, April, 30th. The financial services provider reported $0.30 earnings per share for the quarter, missing the consensus estimate of $0.35 by $0.05. The financial services provider had revenue of $55.65 million for the quarter, compared to analysts' expectations of $102.33 million. HomeStreet had a return on equity of 5.87% and a net margin of 7.02%. During the same quarter in the previous year, the firm posted $0.21 earnings per share. View HomeStreet's Earnings History.

When is HomeStreet's next earnings date?

HomeStreet is scheduled to release their next quarterly earnings announcement on Monday, July 22nd 2019. View Earnings Estimates for HomeStreet.

What price target have analysts set for HMST?

3 analysts have issued 12-month price objectives for HomeStreet's shares. Their forecasts range from $30.00 to $35.00. On average, they expect HomeStreet's share price to reach $32.00 in the next twelve months. This suggests a possible upside of 14.1% from the stock's current price. View Analyst Price Targets for HomeStreet.

What is the consensus analysts' recommendation for HomeStreet?

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

Has HomeStreet been receiving favorable news coverage?

News articles about HMST stock have trended somewhat positive on Sunday, according to InfoTrie Sentiment Analysis. InfoTrie rates the sentiment of press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. HomeStreet earned a media sentiment score of 1.9 on InfoTrie's scale. They also gave press coverage about the financial services provider a news buzz of 4.0 out of 10, indicating that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the next several days.

Who are some of HomeStreet's key competitors?

What other stocks do shareholders of HomeStreet own?

Based on aggregate information from My MarketBeat watchlists, some companies that other HomeStreet investors own include Intelsat (I), Fossil Group (FOSL), Associated British Foods (ABF), Chaarat Gold (CGH), Bank of America (BAC), AMC Entertainment (AMC), First Data (FDC), tronc (TRNC), VBI Vaccines (VBIV) and Apollo Global Management (APO).

Who are HomeStreet's key executives?

HomeStreet's management team includes the folowing 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)

Who are HomeStreet's major shareholders?

HomeStreet's stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (14.57%), Dimensional Fund Advisors LP (8.35%), Boston Partners (3.75%), Schneider Capital Management Corp (2.09%), Northern Trust Corp (1.78%) and Context BH Capital Management LP (1.43%). Company insiders that own HomeStreet stock include 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, Sandra A Cavanaugh and William Endresen. 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 Victory Capital Management Inc., Martingale Asset Management L P, Morgan Stanley, Seizert Capital Partners LLC, Schneider Capital Management Corp, BlackRock Inc., JPMorgan Chase & Co. and Dimensional Fund Advisors LP. Company insiders that have sold HomeStreet company stock in the last year include Edward Schultz and Mary L Vincent. View Insider Buying and Selling for HomeStreet.

Which institutional investors are buying HomeStreet stock?

HMST stock was bought by a variety of institutional investors in the last quarter, including Boston Partners, Renaissance Technologies LLC, Marshall Wace LLP, Acadian Asset Management LLC, Kennedy Capital Management Inc., Hotchkis & Wiley Capital Management LLC, Hotchkis & Wiley Capital Management LLC and Wells Fargo & Company MN. Company insiders that have bought HomeStreet stock in the last two years include David H Straus, Mark K Mason, Mark R Ruh, Mark Robert Patterson and Sandra A Cavanaugh. 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 $28.04.

How big of a company is HomeStreet?

HomeStreet has a market capitalization of $758.20 million and generates $507.66 million in revenue each year. The financial services provider earns $40.03 million in net income (profit) each year or $1.48 on an earnings per share basis. HomeStreet employs 2,036 workers across the globe.

What is HomeStreet's official website?

The official website for HomeStreet is http://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]


MarketBeat Community Rating for HomeStreet (NASDAQ HMST)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  190 (Vote Outperform)
Underperform Votes:  255 (Vote Underperform)
Total Votes:  445
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.
This page was last updated on 5/19/2019 by MarketBeat.com Staff

Featured Article: What is Liquidity?

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.

Yahoo Gemini Pixel