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NASDAQ:HMSTHomeStreet Stock Price, Forecast & News

$20.53
-1.22 (-5.61 %)
(As of 04/3/2020 04:00 PM ET)
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Today's Range
$20.02
Now: $20.53
$21.70
50-Day Range
$19.31
MA: $25.77
$33.39
52-Week Range
$18.44
Now: $20.53
$35.44
Volume175,773 shs
Average Volume257,477 shs
Market Capitalization$486.36 million
P/E Ratio28.51
Dividend Yield2.76%
Beta1.03
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: 3.3Community Rank: 2.1Dividend Strength: 3.3Insider Behavior: 4.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.80 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$3.25 per share
Book Value$27.84 per share

Profitability

Net Income$17.51 million

Miscellaneous

Employees1,071
Market Cap$486.36 million
Next Earnings Date5/5/2020 (Estimated)
OptionableOptionable

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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 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, HMST stock has decreased by 12.0% and is now trading at $20.53. View which stocks have been mosted 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 2 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for HomeStreet.

When is HomeStreet's next earnings date?

HomeStreet is scheduled to release its next quarterly earnings announcement on Tuesday, May 5th 2020. View our earnings forecast for HomeStreet.

How were HomeStreet's earnings last quarter?

HomeStreet Inc (NASDAQ:HMST) announced its quarterly earnings data on Monday, January, 27th. The financial services provider reported $0.61 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.43 by $0.18. The financial services provider had revenue of $67.44 million for the quarter, compared to analysts' expectations of $64.59 million. HomeStreet had a return on equity of 5.74% and a net margin of 4.97%. During the same period in the prior year, the company earned $0.36 earnings per share. View HomeStreet's earnings history.

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

HomeStreet declared a quarterly dividend on Tuesday, January 28th. Investors of record on Wednesday, February 5th will be paid a dividend of $0.15 per share on Friday, February 21st. This represents a $0.60 dividend on an annualized basis and a yield of 2.92%. The ex-dividend date of this dividend is Tuesday, February 4th. This is an increase from HomeStreet's previous quarterly dividend of $0.11. View HomeStreet's dividend history.

What price target have analysts set for HMST?

5 brokers have issued 12-month price targets for HomeStreet's shares. Their forecasts range from $27.00 to $36.00. On average, they anticipate HomeStreet's share price to reach $32.40 in the next year. This suggests a possible upside of 57.8% from the stock's current price. View analysts' price targets for HomeStreet.

Has HomeStreet been receiving favorable news coverage?

News stories about HMST stock have trended very negative on Saturday, InfoTrie reports. The research firm identifies negative and positive media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. HomeStreet earned a media sentiment score of -3.3 on InfoTrie's scale. They also assigned news headlines about the financial services provider a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near future. View the latest news aboutHomeStreet.

Are investors shorting HomeStreet?

HomeStreet saw a decline in short interest in the month of February. As of February 28th, there was short interest totaling 452,900 shares, a decline of 8.6% from the February 13th total of 495,600 shares. Based on an average trading volume of 166,000 shares, the days-to-cover ratio is presently 2.7 days. Currently, 2.0% of the company's shares are sold short. View HomeStreet's Current Options Chain.

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."

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 $20.53.

How big of a company is HomeStreet?

HomeStreet has a market capitalization of $486.36 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. View additional information about HomeStreet.

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]

This page was last updated on 4/4/2020 by MarketBeat.com Staff

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