About HomeStreet (NASDAQ:HMST)
HomeStreet, Inc. is a financial services company serving customers primarily in the western United States, including Hawaii. The Company is principally engaged in real estate lending, including mortgage banking activities, and commercial and consumer banking. The Company's operating segments include Commercial and Consumer Banking, and Mortgage Banking. It provides financial products and services to its commercial and consumer customers through retail deposit branches and commercial lending centers, automated teller machines (ATMs), and online, mobile and telephone banking. The Company originates single family residential mortgage loans for sale in the secondary markets. Its mortgage loans are sold to or securitized by Fannie Mae, The Federal Home Loan Mortgage Corporation (Freddie Mac) or The Government National Mortgage Association (Ginnie Mae), while it retains the right to service these loans. It also provides insurance products and services for consumers and businesses.
Industry, Sector and Symbol:
- Sector: Finance
- Industry: Banks
- Sub-Industry: Thrifts & Mortgage Finance
- Symbol: NASDAQ:HMST
- CUSIP: 43785V10
- Web: www.homestreet.com
- Market Cap: $775.6 million
- Outstanding Shares: 26,884,000
- 50 Day Moving Avg: $26.87
- 200 Day Moving Avg: $26.82
- 52 Week Range: $24.00 - $33.70
Sales & Book Value:
- Trailing P/E Ratio: 14.86
- Foreward P/E Ratio: 13.36
- P/E Growth: 1.81
- Annual Revenue: $525.73 million
- Price / Sales: 1.46
- Book Value: $24.40 per share
- Price / Book: 1.17
- Net Margins: 8.89%
- Return on Equity: 8.10%
- Return on Assets: 0.80%
- Debt-to-Equity Ratio: 1.51%
- Current Ratio: 1.01%
- Quick Ratio: 0.85%
- Average Volume: 207,574 shs.
- Beta: 0.06
- Short Ratio: 7.1
Frequently Asked Questions for HomeStreet (NASDAQ:HMST)
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 results on Monday, April, 24th. The company reported $0.33 EPS for the quarter, topping the Zacks' consensus estimate of $0.25 by $0.08. The firm earned $120.11 million during the quarter, compared to analyst estimates of $124.18 million. HomeStreet had a return on equity of 8.10% and a net margin of 8.89%. During the same period last year, the company earned $0.41 earnings per share. View HomeStreet's Earnings History.
Where is HomeStreet's stock going? Where will HomeStreet's stock price be in 2017?
4 equities research analysts have issued 1 year price objectives for HomeStreet's stock. Their predictions range from $26.25 to $31.00. On average, they expect HomeStreet's share price to reach $29.08 in the next year. View Analyst Ratings for HomeStreet.
Who are some of HomeStreet's key competitors?
Some companies that are related to HomeStreet include Union Bankshares Corporation (UBSH), Westamerica Bancorporation (WABC), First Busey Corporation (BUSE), First Commonwealth Financial Corporation (FCF), Bgeo Group PLC (BGEO), Tompkins Financial (TMP), Lakeland Financial Corporation (LKFN), Brookline Bancorp (BRKL), FB Financial Corporation (FBK), City Holding Company (CHCO), State Bank Financial Corporation. (STBZ), Southside Bancshares (SBSI), Aldermore Group PLC (ALD), Seacoast Banking Corporation of Florida (SBCF), First BanCorp. (FBP), Banc of California (BANC), Hanmi Financial Corporation (HAFC) and Customers Bancorp (CUBI).
Who are HomeStreet's key executives?
HomeStreet's management team includes the folowing people:
- Mark K. Mason, Chairman of the Board, President, Chief Executive Officer
- Mark R. Ruh, Chief Financial Officer, Executive Vice President
- Godfrey B. Evans, Chief Administrative Officer, Executive Vice President, General Counsel, Corporate Secretary
- Darrell S. van Amen, Chief Investment Officer, Executive Vice President, Treasurer
- Jay C. Iseman, Executive Vice President, Chief Risk Officer and Chief Credit Officer
- Pamela J. Taylor, Executive Vice President - Human Resources Director
- Richard W. H. Bennion, Executive Vice President
- Rose Marie David, Senior Executive Vice President - Mortgage Lending Director
- William D. Endresen, Executive Vice President - Commercial Real Estate and Commercial Capital President
- Paulette Lemon, Executive Vice President - Retail Banking Director
Who owns HomeStreet stock?
HomeStreet's stock is owned by many different of retail and institutional investors. Top institutional investors include Strs Ohio (0.35%) and Nationwide Fund Advisors (0.14%). Company insiders that own HomeStreet stock include David A Ederer, David H Straus, Godfrey B Evans, Jay C Iseman, Mark K Mason, Richard W H Bennion, Susan C Greenwald and William Endresen. View Institutional Ownership Trends for HomeStreet.
Who sold HomeStreet stock? Who is selling HomeStreet stock?
HomeStreet's stock was sold by a variety of institutional investors in the last quarter, including Strs Ohio and Nationwide Fund Advisors. Company insiders that have sold HomeStreet stock in the last year include Godfrey B Evans, Jay C Iseman, Mark K Mason, Susan C Greenwald and William Endresen. View Insider Buying and Selling for HomeStreet.
How do I buy HomeStreet stock?
Shares of HomeStreet can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is HomeStreet's stock price today?
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 the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of HomeStreet stock can currently be purchased for approximately $28.60.
Consensus Ratings for HomeStreet (NASDAQ:HMST) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||3 Hold Ratings, 1 Buy Rating|
|Consensus Rating:||Hold (Score: 2.25)|
|Consensus Price Target: ||$29.08 (1.69% upside)|Consensus Price Target History for HomeStreet (NASDAQ:HMST)
Analysts' Ratings History for HomeStreet (NASDAQ:HMST)
(Data available from 10/24/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|10/3/2017||FBR & Co||Reiterated Rating||Hold||Low|
|7/27/2017||FIG Partners||Reiterated Rating||Market Perform||$29.25 -> $26.25||Medium|
|7/14/2017||Keefe, Bruyette & Woods||Reiterated Rating||Buy||$31.00||High|
|11/14/2016||Sandler O'Neill||Downgrade||Buy -> Hold||N/A|
|9/9/2016||DA Davidson||Downgrade||Buy -> Neutral||$27.00 -> $29.00||N/A|
Earnings History for HomeStreet (NASDAQ:HMST)Earnings History by Quarter for HomeStreet (NASDAQ HMST)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|7/24/2017||Q2 2017||$0.60||$0.42||$143.41 million||$127.88 million||View||N/A|
|4/24/2017||Q1 2017||$0.25||$0.33||$124.18 million||$120.11 million||View||N/A|
|1/23/2017||Q416||$0.07||$0.10||$123.16 million||$121.30 million||View||N/A|
|10/24/2016||Q316||$0.74||$1.12||$138.83 million||$158.55 million||View||N/A|
|7/25/2016||Q216||$0.68||$0.90||$125.35 million||$146.96 million||View||N/A|
|4/25/2016||Q116||$0.30||$0.41||$109.37 million||$112.40 million||View||N/A|
|1/26/2016||Q415||$0.29||$0.39||$101.46 million||$105.15 million||View||Listen|
|10/26/2015||Q315||$0.59||$0.42||$112.88 million||$107.10 million||View||Listen|
|7/24/2015||Q215||$0.64||$0.65||$107.16 million||$111.22 million||View||N/A|
|4/27/2015||Q115||$0.40||$0.67||$86.05 million||$106.11 million||View||N/A|
|1/26/2015||Q414||$0.28||$0.41||$76.08 million||$78.99 million||View||N/A|
|7/28/2014||Q214||$0.58||$0.63||$74.26 million||$76.80 million||View||N/A|
|4/29/2014||Q114||$0.07||$0.15||$61.77 million||$57.42 million||View||N/A|
|7/29/2013||Q2 2013||$0.86||$0.82||$76.70 million||View||N/A|
|4/29/2013||Q1 2013||$0.84||$0.74||$84.19 million||View||N/A|
|2/4/2013||Q4 2012||$1.22||$1.46||$69.04 million||View||N/A|
Earnings Estimates for HomeStreet (NASDAQ:HMST)
2017 EPS Consensus Estimate: $1.84
2018 EPS Consensus Estimate: $2.14
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Dividend History by Quarter for HomeStreet (NASDAQ HMST)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for HomeStreet (NASDAQ:HMST)
Insider Ownership Percentage: 7.59%Insider Trades by Quarter for HomeStreet (NASDAQ:HMST)
Institutional Ownership Percentage: 83.78%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|6/1/2017||Jay C Iseman||EVP||Sell||230||$27.08||$6,228.40|| |
|5/30/2017||William Endresen||EVP||Sell||1,000||$27.38||$27,380.00|| |
|5/2/2017||David H Straus||EVP||Buy||1,000||$25.53||$25,530.00|| |
|3/13/2017||Godfrey B Evans||EVP||Sell||725||$26.39||$19,132.75|| |
|3/13/2017||Mark K Mason||CEO||Sell||7,461||$26.44||$197,268.84|| |
|2/6/2017||Mark K Mason||CEO||Sell||2,800||$25.94||$72,632.00|| |
|2/3/2017||Godfrey B Evans||EVP||Sell||620||$26.12||$16,194.40|| |
|2/2/2017||David A Ederer||Director||Buy||539||$26.00||$14,014.00|| |
|12/16/2016||Susan C Greenwald||SVP||Sell||6,000||$32.55||$195,300.00|| |
|6/16/2016||Jay C Iseman||EVP||Sell||240||$19.77||$4,744.80|| |
|6/16/2016||Richard W H Bennion||Director||Sell||115||$19.77||$2,273.55|| |
|6/1/2016||Richard W H Bennion||Director||Sell||5,334||$20.42||$108,920.28|| |
|5/5/2016||William Endresen||EVP||Sell||750||$21.14||$15,855.00|| |
|4/28/2016||Mark K Mason||CEO||Sell||242,168||$21.60||$5,230,828.80|| |
|3/11/2016||Richard W H Bennion||Director||Sell||6,000||$19.98||$119,880.00|| |
|2/22/2016||Jay C Iseman||EVP||Sell||290||$19.54||$5,666.60|| |
|7/30/2015||Timothy Chrisman||Director||Buy||2,500||$22.60||$56,500.00|| |
|6/10/2015||Susan C Greenwald||Director||Sell||13,000||$24.14||$313,820.00|| |
|6/8/2015||Bruce W Williams||Director||Sell||20,000||$23.09||$461,800.00|| |
|5/14/2015||Timothy Chrisman||Director||Buy||3,220||$21.29||$68,553.80|| |
|2/10/2015||Timothy Chrisman||Director||Buy||1,500||$17.51||$26,265.00|| |
|1/29/2015||David H Straus||EVP||Buy||1,000||$17.30||$17,300.00|| |
|1/29/2015||Timothy Chrisman||Director||Buy||5,000||$17.65||$88,250.00|| |
|12/12/2014||Godfrey B Evans||EVP||Buy||3,000||$16.40||$49,200.00|| |
|12/12/2014||Timothy Chrisman||Director||Buy||5,000||$16.39||$81,950.00|| |
|9/3/2014||Timothy Chrisman||Director||Buy||5,000||$18.20||$91,000.00|| |
|8/22/2014||David A Ederer||Director||Buy||193||$18.24||$3,520.32|| |
|8/21/2014||Timothy Chrisman||Director||Buy||6,500||$18.11||$117,715.00|| |
|8/19/2014||Timothy Chrisman||Director||Buy||1,000||$17.98||$17,980.00|| |
|8/8/2014||Timothy Chrisman||Director||Buy||2,500||$17.16||$42,900.00|| |
|8/5/2014||Timothy Chrisman||Director||Buy||2,500||$17.38||$43,450.00|| |
|7/31/2014||Timothy Chrisman||Director||Buy||5,000||$17.40||$87,000.00|| |
|5/9/2014||David Straus||EVP||Buy||1,000||$16.76||$16,760.00|| |
|5/7/2014||Cory Stewart||CAO||Buy||1,500||$16.98||$25,470.00|| |
|3/7/2014||Paulette Lemon||Director||Sell||3,229||$18.71||$60,414.59|| |
|2/6/2014||Douglas Irvine Smith||Director||Buy||5,700||$17.59||$100,263.00|| |
|1/30/2014||Jeffrey Newgard||EVP||Buy||5,482||$18.24||$99,991.68|| |
|12/10/2013||Jay Iseman||EVP||Sell||18,000||$20.73||$373,140.00|| |
|12/3/2013||Godfrey Evans||EVP||Sell||20,000||$20.76||$415,200.00|| |
|11/25/2013||Mark Mason||CEO||Sell||89,000||$20.33||$1,809,370.00|| |
|11/4/2013||Douglas Irvine Smith||Director||Buy||5,000||$18.74||$93,700.00|| |
|10/31/2013||David Ederer||Director||Buy||1,285||$19.00||$24,415.00|| |
|9/11/2013||Paulette Lemon||Director||Sell||11,000||$19.90||$218,900.00|| |
|9/6/2013||Pamela J Taylor||SVP||Sell||2,800||$19.84||$55,552.00|| |
|8/29/2013||Rose Marie David||EVP||Sell||5,000||$20.11||$100,550.00|| |
|8/23/2013||Richard W H Bennion||Director||Sell||10,000||$20.24||$202,400.00|| |
|8/8/2013||Godfrey B Evans||EVP||Sell||5,380||$20.87||$112,280.60|| |
|5/30/2013||Bruce W Williams||Director||Sell||12,500||$22.84||$285,500.00|| |
|5/8/2013||Bruce W Williams||Director||Sell||12,500||$24.14||$301,750.00|| |
|5/6/2013||Scott M Boggs||Director||Buy||2,000||$22.37||$44,740.00|| |
|5/3/2013||George Kirk||Director||Buy||1,000||$21.78||$21,780.00|| |
|2/15/2013||David A Ederer||Director||Buy||2,000||$25.98||$51,960.00|| |
|9/14/2012||Bruce W Williams||Director||Sell||32,926||$35.22||$1,159,653.72|| |
|9/12/2012||Patricia A Leach||EVP||Sell||9,600||$34.87||$334,752.00|| |
|8/23/2012||Bruce W Williams||Director||Sell||36,480||$35.00||$1,276,800.00|| |
Headline Trends for HomeStreet (NASDAQ:HMST)
Latest Headlines for HomeStreet (NASDAQ:HMST)
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HomeStreet (HMST) Chart for Tuesday, October, 24, 2017