HomeStreet - HMST Stock Forecast, Price & News

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for HomeStreet in the last twelve months. There are currently 1 sell rating, 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" HMST shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in HMST, but not buy additional shares or sell existing shares.
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3 analysts have issued 1 year target prices for HomeStreet's shares. Their HMST share price forecasts range from $26.00 to $43.00. On average, they anticipate the company's share price to reach $37.25 in the next twelve months. This suggests a possible upside of 42.9% from the stock's current price.
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HomeStreet's stock was trading at $52.00 at the beginning of 2022. Since then, HMST stock has decreased by 49.9% and is now trading at $26.07.
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The company is scheduled to release its next quarterly earnings announcement on Monday, January 23rd 2023.
View our HMST earnings forecast.

HomeStreet, Inc. (NASDAQ:HMST) issued its earnings results on Monday, October, 24th. The financial services provider reported $1.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.02 by $0.06. HomeStreet had a trailing twelve-month return on equity of 14.28% and a net margin of 25.58%. During the same quarter in the prior year, the company posted $1.31 EPS.

HomeStreet announced a quarterly dividend on Friday, October 28th. Investors of record on Tuesday, November 8th will be given a dividend of $0.35 per share on Tuesday, November 22nd. This represents a $1.40 annualized dividend and a yield of 5.37%. The ex-dividend date is Monday, November 7th.
Read our dividend analysis for HMST.

HomeStreet (NASDAQ:HMST) pays an annual dividend of $1.40 per share and currently has a dividend yield of 5.24%. HMST has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 31.39%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HMST will have a dividend payout ratio of 37.84% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for HMST.

78 employees have rated HomeStreet Chief Executive Officer Mark K. Mason on Glassdoor.com. Mark K. Mason has an approval rating of 38% among the company's employees. This puts Mark K. Mason in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

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

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

HomeStreet's stock is owned by a number of retail and institutional investors. Top institutional investors include BlackRock Inc. (14.66%), Dimensional Fund Advisors LP (8.60%), Vanguard Group Inc. (6.97%), LSV Asset Management (4.82%), State Street Corp (4.51%) and Nuveen Asset Management LLC (2.58%). Insiders that own company stock include Amen Darrell Van, David A Ederer, Douglas Irvine Smith, Godfrey B Evans, James R Mitchell, Jay C Iseman, Jeffrey D Green, John Michel, Mark Robert Patterson, Nancy D Pellegrino, Sandra A Cavanaugh, Scott M Boggs and Troy Harper.
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Shares of HMST stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of HMST stock can currently be purchased for approximately $26.07.

HomeStreet (NASDAQ:HMST) has a market capitalization of $488.11 million and generates $364.27 million in revenue each year. The financial services provider earns $115.42 million in net income (profit) each year or $4.46 on an earnings per share basis.

The company employs 934 workers across the globe.

HomeStreet's mailing address is 601 UNION STREET SUITE 2000, SEATTLE WA, 98101. The official website for the company is www.homestreet.com. The financial services provider can be reached via phone at (206) 623-3050, via email at ir@homestreet.com, or via fax at 800-654-1075.