HomeTrust Bancshares, Inc. (NYSE:HTB) to Issue $0.15 Quarterly Dividend

HomeTrust Bancshares, Inc. (NYSE:HTB) announced a quarterly dividend on Thursday, July 23rd. Stockholders of record on Thursday, August 13th will be given a dividend of 0.15 per share on Thursday, August 27th. This represents a c) annualized dividend and a dividend yield of 1.2%. The ex-dividend date is Thursday, August 13th.

HomeTrust Bancshares Stock Up 0.3%

NYSE:HTB opened at $48.39 on Friday. HomeTrust Bancshares has a 52 week low of $37.30 and a 52 week high of $51.00. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.08 and a quick ratio of 1.05. The firm has a market cap of $813.37 million, a PE ratio of 12.50 and a beta of 0.80. The company’s 50-day simple moving average is $47.91.

HomeTrust Bancshares (NYSE:HTB) last released its quarterly earnings results on Thursday, July 23rd. The company reported $0.94 earnings per share for the quarter, topping analysts’ consensus estimates of $0.89 by $0.05. HomeTrust Bancshares had a return on equity of 11.25% and a net margin of 22.78%. Sell-side analysts expect that HomeTrust Bancshares will post 3.71 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several brokerages have commented on HTB. Wall Street Zen raised HomeTrust Bancshares from a “sell” rating to a “hold” rating in a report on Saturday, April 4th. Weiss Ratings reiterated a “buy (b+)” rating on shares of HomeTrust Bancshares in a research report on Wednesday, July 8th. Finally, Hovde Group lifted their price target on shares of HomeTrust Bancshares from $46.50 to $47.00 and gave the company a “market perform” rating in a research note on Friday, April 24th. One research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $47.00.

HomeTrust Bancshares Company Profile

HomeTrust Bancshares, Inc is the bank holding company for HomeTrust Bank, a regional community bank that provides a range of commercial and consumer banking services. Through its subsidiary bank, the company offers traditional deposit and lending products, including checking and savings accounts, certificates of deposit, residential mortgages, home equity lending, and business loans. HomeTrust also delivers treasury management and payment services for small and midsize businesses, along with digital banking tools to support day-to-day account access and payments.

The company’s product set extends beyond core banking to include wealth management and trust services, commercial real estate financing, and specialized lending for agriculture and construction where relevant to local markets.