Home Bancorp, Inc. (HBCP) To Go Ex-Dividend on April 26th

Home Bancorp, Inc. (NASDAQ:HBCP) declared a quarterly dividend on Wednesday, April 17th, investing.com reports. Investors of record on Monday, April 29th will be given a dividend of 0.25 per share by the bank on Friday, May 10th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.78%. The ex-dividend date of this dividend is Friday, April 26th.

Home Bancorp has increased its dividend payment by an average of 4.4% annually over the last three years and has increased its dividend annually for the last 3 consecutive years. Home Bancorp has a payout ratio of 22.9% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Home Bancorp to earn $4.36 per share next year, which means the company should continue to be able to cover its $1.00 annual dividend with an expected future payout ratio of 22.9%.

Home Bancorp Stock Up 2.4 %

NASDAQ:HBCP opened at $35.98 on Wednesday. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.95 and a current ratio of 0.95. The stock has a 50-day simple moving average of $36.06 and a 200 day simple moving average of $37.35. The company has a market cap of $293.24 million, a PE ratio of 7.59 and a beta of 0.68. Home Bancorp has a 52-week low of $27.75 and a 52-week high of $44.00.

Home Bancorp (NASDAQ:HBCP) last posted its quarterly earnings results on Monday, January 22nd. The bank reported $1.17 earnings per share for the quarter, beating analysts’ consensus estimates of $1.03 by $0.14. The firm had revenue of $32.76 million during the quarter, compared to the consensus estimate of $33.10 million. Home Bancorp had a return on equity of 10.80% and a net margin of 20.66%. On average, sell-side analysts expect that Home Bancorp will post 3.97 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, Piper Sandler downgraded Home Bancorp from an “overweight” rating to a “neutral” rating and raised their price target for the company from $40.00 to $43.00 in a research note on Wednesday, January 24th.

Home Bancorp Company Profile

Home Bancorp, Inc operates as the bank holding company for Home Bank, National Association that provides various banking products and services in Louisiana, Mississippi, and Texas. It offers deposit products, including interest-bearing and noninterest-bearing checking, money market, savings, NOW, and certificates of deposit accounts.