Home BancShares (HOMB) Receives Daily Media Impact Rating of 0.13
Press coverage about Home BancShares (NASDAQ:HOMB) has trended somewhat positive recently, Accern reports. The research group identifies positive and negative news coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Home BancShares earned a coverage optimism score of 0.13 on Accern’s scale. Accern also assigned news articles about the financial services provider an impact score of 45.4791771146876 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
These are some of the media stories that may have effected Accern Sentiment Analysis’s rankings:
- Reviewing Home BancShares (HOMB) & Great Southern Bancorp (GSBC) (americanbankingnews.com)
- Home BancShares, Inc. (HOMB) Expected to Announce Earnings of $0.35 Per Share (americanbankingnews.com)
- Home BancShares, Inc. (HOMB) Given Average Recommendation of “Hold” by Brokerages (americanbankingnews.com)
- Home Bancshares, Inc. (Arkansas) : HOMB-US: Dividend Analysis : August 16th, 2017 (record date) : By the numbers : September 15, 2017 (finance.yahoo.com)
- Home Bancshares, Inc. Announces Third Quarter Earnings Release Date and Conference Call – GlobeNewswire (press release) (globenewswire.com)
Home BancShares (NASDAQ:HOMB) opened at 23.51 on Friday. Home BancShares has a 52-week low of $19.74 and a 52-week high of $29.69. The company has a market cap of $3.36 billion, a P/E ratio of 17.58 and a beta of 1.19. The company’s 50 day moving average price is $23.50 and its 200 day moving average price is $24.94.
Home BancShares (NASDAQ:HOMB) last issued its quarterly earnings results on Thursday, July 20th. The financial services provider reported $0.35 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.33 by $0.02. The business had revenue of $131.77 million for the quarter, compared to the consensus estimate of $132.18 million. Home BancShares had a return on equity of 13.77% and a net margin of 33.97%. During the same quarter in the prior year, the business posted $0.31 earnings per share. Equities research analysts anticipate that Home BancShares will post $1.39 EPS for the current fiscal year.
The business also recently declared a quarterly dividend, which was paid on Wednesday, September 6th. Investors of record on Wednesday, August 16th were given a dividend of $0.11 per share. The ex-dividend date of this dividend was Monday, August 14th. This represents a $0.44 dividend on an annualized basis and a yield of 1.86%. This is an increase from Home BancShares’s previous quarterly dividend of $0.09. Home BancShares’s dividend payout ratio is currently 32.84%.
HOMB has been the subject of a number of research reports. Keefe, Bruyette & Woods reiterated a “buy” rating and issued a $30.00 price objective on shares of Home BancShares in a research report on Friday, July 21st. ValuEngine upgraded Home BancShares from a “hold” rating to a “buy” rating in a research report on Friday, July 7th. Zacks Investment Research upgraded Home BancShares from a “hold” rating to a “buy” rating and set a $28.00 price objective for the company in a research report on Tuesday, July 25th. Piper Jaffray Companies reiterated a “hold” rating and issued a $27.00 price objective on shares of Home BancShares in a research report on Friday, July 21st. Finally, Stephens reiterated an “overweight” rating and issued a $28.00 price objective (down previously from $29.00) on shares of Home BancShares in a research report on Tuesday, September 12th. Two analysts have rated the stock with a sell rating, four have assigned a hold rating and three have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of $28.58.
In related news, insider Tracy French purchased 3,100 shares of Home BancShares stock in a transaction that occurred on Friday, August 11th. The shares were acquired at an average price of $23.54 per share, with a total value of $72,974.00. Following the completion of the transaction, the insider now directly owns 102,268 shares of the company’s stock, valued at approximately $2,407,388.72. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Chairman John W. Allison purchased 15,000 shares of Home BancShares stock in a transaction that occurred on Wednesday, July 26th. The shares were bought at an average cost of $25.46 per share, for a total transaction of $381,900.00. Following the transaction, the chairman now directly owns 4,968,396 shares of the company’s stock, valued at $126,495,362.16. The disclosure for this purchase can be found here. Insiders have purchased 33,100 shares of company stock worth $825,074 in the last three months. 11.27% of the stock is currently owned by company insiders.
Home BancShares Company Profile
Home BancShares, Inc is a bank holding company. The Company is engaged in providing a range of commercial and retail banking, and related financial services to businesses, real estate developers and investors, individuals and municipalities through its community bank subsidiary, Centennial Bank (the Bank).
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