Home Bancshares Inc (NASDAQ:HOMB) fell 5.4% on Monday . The company traded as low as $17.92 and last traded at $18.03. 765,336 shares changed hands during trading, a decline of 4% from the average session volume of 799,478 shares. The stock had previously closed at $19.05.

A number of brokerages recently weighed in on HOMB. Stephens set a $22.00 price objective on Home Bancshares and gave the stock a “buy” rating in a research note on Monday, April 22nd. Zacks Investment Research upgraded Home Bancshares from a “sell” rating to a “hold” rating in a research note on Saturday, April 13th. ValuEngine upgraded Home Bancshares from a “strong sell” rating to a “sell” rating in a research note on Friday, April 19th. BidaskClub cut Home Bancshares from a “buy” rating to a “hold” rating in a research note on Friday, March 1st. Finally, Barclays began coverage on Home Bancshares in a research note on Monday, February 11th. They set an “equal weight” rating and a $21.00 price objective for the company. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and four have issued a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of $23.60.

The company has a debt-to-equity ratio of 0.62, a current ratio of 1.01 and a quick ratio of 1.01. The company has a market capitalization of $3.03 billion, a price-to-earnings ratio of 10.25 and a beta of 1.16.

Home Bancshares (NASDAQ:HOMB) last issued its quarterly earnings data on Thursday, April 18th. The financial services provider reported $0.42 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.42. Home Bancshares had a return on equity of 12.95% and a net margin of 37.12%. The firm had revenue of $163.14 million during the quarter, compared to analysts’ expectations of $163.93 million. During the same period in the prior year, the business posted $0.42 EPS. As a group, analysts forecast that Home Bancshares Inc will post 1.76 EPS for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, June 5th. Shareholders of record on Wednesday, May 15th will be paid a $0.13 dividend. The ex-dividend date of this dividend is Tuesday, May 14th. This is a boost from Home Bancshares’s previous quarterly dividend of $0.12. This represents a $0.52 dividend on an annualized basis and a yield of 2.88%. Home Bancshares’s dividend payout ratio (DPR) is 27.43%.

A number of institutional investors have recently added to or reduced their stakes in the business. Horrell Capital Management Inc. raised its stake in Home Bancshares by 0.4% in the first quarter. Horrell Capital Management Inc. now owns 124,668 shares of the financial services provider’s stock valued at $2,190,000 after buying an additional 552 shares during the last quarter. OppenheimerFunds Inc. raised its stake in Home Bancshares by 5.2% in the first quarter. OppenheimerFunds Inc. now owns 11,237 shares of the financial services provider’s stock valued at $197,000 after buying an additional 560 shares during the last quarter. Advisor Group Inc. raised its stake in Home Bancshares by 6.8% in the first quarter. Advisor Group Inc. now owns 9,565 shares of the financial services provider’s stock valued at $168,000 after buying an additional 609 shares during the last quarter. Bessemer Group Inc. raised its stake in Home Bancshares by 22.7% in the fourth quarter. Bessemer Group Inc. now owns 3,650 shares of the financial services provider’s stock valued at $60,000 after buying an additional 675 shares during the last quarter. Finally, State of Alaska Department of Revenue raised its stake in Home Bancshares by 5.1% in the first quarter. State of Alaska Department of Revenue now owns 23,167 shares of the financial services provider’s stock valued at $407,000 after buying an additional 1,119 shares during the last quarter. Institutional investors own 67.94% of the company’s stock.

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Home Bancshares Company Profile (NASDAQ:HOMB)

Home Bancshares, Inc (Conway, AR) operates as the bank holding company for Centennial Bank that provides commercial and retail banking, and related financial services to businesses, real estate developers and investors, individuals, and municipalities. Its deposit products include checking, savings, NOW, demand, and money market accounts, as well as certificates of deposit.

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