NASDAQ:HMSTHomeStreet Stock Price, Forecast & News

HomeStreet's stock was trading at $23.32 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. 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.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for HomeStreet in the last year. There are currently 2 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for HomeStreet.

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

HomeStreet Inc (NASDAQ:HMST) issued its quarterly earnings data on Monday, January, 27th. The financial services provider reported $0.61 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.43 by $0.18. The financial services provider earned $67.44 million during the quarter, compared to analyst estimates 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 firm earned $0.36 EPS. View HomeStreet's earnings history.

HomeStreet declared a quarterly dividend on Tuesday, January 28th. Shareholders 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 dividend yield of 2.92%. The ex-dividend date of this dividend is Tuesday, February 4th. This is a boost from HomeStreet's previous quarterly dividend of $0.11. View HomeStreet's dividend history.

4 Wall Street analysts have issued 12-month target prices for HomeStreet's shares. Their forecasts range from $27.00 to $36.00. On average, they expect HomeStreet's share price to reach $32.75 in the next twelve months. This suggests a possible upside of 59.5% from the stock's current price. View analysts' price targets for HomeStreet.

News headlines about HMST stock have trended very negative on Monday, according to InfoTrie Sentiment Analysis. The research group rates the sentiment of press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded 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 articles 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 effect on the stock's share price in the next few days. View the latest news aboutHomeStreet.

HomeStreet saw a decline in short interest in 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. Approximately 2.0% of the shares of the company are sold short. View HomeStreet's Current Options Chain.

Some companies that are related to HomeStreet include People's United Financial (PBCT), New York Community Bancorp (NYCB), TFS Financial (TFSL), Radian Group (RDN), MGIC Investment (MTG), Washington Federal (WAFD), Lendingtree (TREE), Simply Good Foods (SMPL), Capitol Federal Financial (CFFN), WSFS Financial (WSFS), Northwest Bancshares (NWBI), Walker & Dunlop (WD), OceanFirst Financial (OCFC), Brookline Bancorp (BRKL) and Provident Financial Services (PFS).

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), VBI Vaccines (VBIV), First Data (FDC), Apollo Global Management (APO) and China Unicom (Hong Kong) (CHU).

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

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.

One share of HMST stock can currently be purchased for approximately $20.53.

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.

The official website for HomeStreet is http://www.homestreet.com/.

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]