Somewhat Negative News Coverage Somewhat Unlikely to Impact Home Bancorp (HBCP) Share Price
News stories about Home Bancorp (NASDAQ:HBCP) have trended somewhat negative on Wednesday, Accern Sentiment reports. The research group scores the sentiment of media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Home Bancorp earned a media sentiment score of -0.02 on Accern’s scale. Accern also gave news stories about the bank an impact score of 46.3832104857384 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Shares of Home Bancorp (HBCP) opened at $42.74 on Wednesday. The firm has a market capitalization of $308.03, a PE ratio of 16.48 and a beta of 0.14. Home Bancorp has a fifty-two week low of $32.52 and a fifty-two week high of $47.20. The company has a current ratio of 0.99, a quick ratio of 0.98 and a debt-to-equity ratio of 0.34.
Home Bancorp (NASDAQ:HBCP) last issued its earnings results on Tuesday, October 24th. The bank reported $0.59 earnings per share for the quarter, missing the consensus estimate of $0.63 by ($0.04). The company had revenue of $18.25 million for the quarter, compared to analysts’ expectations of $18.54 million. Home Bancorp had a net margin of 22.54% and a return on equity of 9.72%. equities analysts predict that Home Bancorp will post 2.53 earnings per share for the current fiscal year.
The business also recently announced a quarterly dividend, which was paid on Friday, November 17th. Investors of record on Monday, November 6th were issued a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a yield of 1.31%. The ex-dividend date of this dividend was Friday, November 3rd. Home Bancorp’s dividend payout ratio is presently 22.67%.
A number of research firms have recently issued reports on HBCP. BidaskClub cut Home Bancorp from a “sell” rating to a “strong sell” rating in a report on Saturday, August 5th. Zacks Investment Research upgraded Home Bancorp from a “hold” rating to a “strong-buy” rating and set a $48.00 target price for the company in a report on Wednesday, September 27th. Finally, Sandler O’Neill restated a “hold” rating and set a $46.00 target price on shares of Home Bancorp in a report on Wednesday, October 18th. One analyst has rated the stock with a sell rating and four have given a hold rating to the company. Home Bancorp currently has a consensus rating of “Hold” and a consensus price target of $47.00.
In related news, CEO John W. Bordelon sold 15,578 shares of the stock in a transaction dated Friday, October 27th. The stock was sold at an average price of $43.59, for a total transaction of $679,045.02. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 15.50% of the company’s stock.
About Home Bancorp
Home Bancorp, Inc is a bank holding company for Home Bank, N.A. (the Bank). The Bank conducts business through banking offices in the Greater Lafayette, Baton Rouge, Greater New Orleans and Northshore (of Lake Pontchartrain) regions of south Louisiana and the Natchez and Vicksburg regions of west Mississippi.
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