Home BancShares (HOMB) Scheduled to Post Quarterly Earnings on Wednesday
Home BancShares (NASDAQ:HOMB) is scheduled to announce its earnings results before the market opens on Wednesday, January 17th. Analysts expect the company to announce earnings of $0.36 per share for the quarter.
Home BancShares (NASDAQ:HOMB) last posted its quarterly earnings data on Thursday, October 19th. The financial services provider reported $0.32 EPS for the quarter, missing the Zacks’ consensus estimate of $0.34 by ($0.02). Home BancShares had a net margin of 28.19% and a return on equity of 12.00%. The firm had revenue of $128.23 million during the quarter, compared to the consensus estimate of $135.55 million. During the same period in the prior year, the company posted $0.33 earnings per share. On average, analysts expect Home BancShares to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.
Shares of Home BancShares (NASDAQ:HOMB) opened at $25.01 on Monday. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.01 and a quick ratio of 1.01. Home BancShares has a 12 month low of $20.82 and a 12 month high of $29.69. The company has a market cap of $4,342.84, a price-to-earnings ratio of 22.13 and a beta of 1.17.
A number of equities research analysts have recently commented on HOMB shares. Zacks Investment Research raised shares of Home BancShares from a “hold” rating to a “buy” rating and set a $26.00 price objective on the stock in a research note on Tuesday, December 26th. Keefe, Bruyette & Woods reaffirmed a “buy” rating and issued a $30.00 price objective on shares of Home BancShares in a research note on Friday, December 22nd. Sandler O’Neill set a $26.00 price objective on shares of Home BancShares and gave the company a “hold” rating in a research note on Thursday, January 4th. Piper Jaffray Companies reaffirmed a “hold” rating and issued a $26.00 price objective on shares of Home BancShares in a research note on Tuesday, January 9th. Finally, BidaskClub raised shares of Home BancShares from a “sell” rating to a “hold” rating in a research note on Wednesday, December 20th. Six equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of $27.50.
About Home BancShares
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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