Home Federal Bancorp, Inc. of Louisiana (NASDAQ:HFBL) Issues Quarterly Earnings Results

Home Federal Bancorp, Inc. of Louisiana (NASDAQ:HFBL) issued its quarterly earnings results on Tuesday. The bank reported $0.62 earnings per share (EPS) for the quarter, FiscalAI reports. Home Federal Bancorp, Inc. of Louisiana had a net margin of 17.56% and a return on equity of 10.69%. The firm had revenue of $6.76 million for the quarter.

Home Federal Bancorp, Inc. of Louisiana Stock Down 1.3%

Shares of Home Federal Bancorp, Inc. of Louisiana stock traded down $0.26 on Tuesday, reaching $20.26. 13,006 shares of the company were exchanged, compared to its average volume of 3,224. The company has a market capitalization of $61.39 million, a price-to-earnings ratio of 10.13 and a beta of 0.41. The company has a current ratio of 0.88, a quick ratio of 0.88 and a debt-to-equity ratio of 0.06. Home Federal Bancorp, Inc. of Louisiana has a one year low of $14.47 and a one year high of $28.00. The company has a 50-day moving average of $24.70 and a 200 day moving average of $20.90.

Home Federal Bancorp, Inc. of Louisiana Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, November 16th. Stockholders of record on Monday, November 2nd will be paid a dividend of $0.15 per share. The ex-dividend date is Monday, November 2nd. This represents a $0.60 dividend on an annualized basis and a dividend yield of 3.0%. Home Federal Bancorp, Inc. of Louisiana’s dividend payout ratio is currently 30.00%.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “hold (c)” rating on shares of Home Federal Bancorp, Inc. of Louisiana in a research note on Friday, October 2nd. One investment analyst has rated the stock with a Hold rating. According to MarketBeat, the company currently has an average rating of “Hold”.

Hedge Funds Weigh In On Home Federal Bancorp, Inc. of Louisiana

A hedge fund recently bought a new stake in Home Federal Bancorp, Inc. of Louisiana stock. BlackRock Inc. acquired a new stake in Home Federal Bancorp, Inc. of Louisiana (NASDAQ:HFBL) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 7,059 shares of the bank’s stock, valued at approximately $148,000. BlackRock Inc. owned 0.23% of Home Federal Bancorp, Inc. of Louisiana at the end of the most recent reporting period. 21.12% of the stock is owned by institutional investors and hedge funds.

About Home Federal Bancorp, Inc. of Louisiana

Home Federal Bancorp, Inc of Louisiana is the holding company for Home Federal Bank of Louisiana, a community-oriented financial institution headquartered in Shreveport, Louisiana. The bank provides banking and financial services to individuals, families, and businesses in northwestern Louisiana.

Home Federal Bank’s services include deposit products such as checking, savings, money market, and certificate accounts, as well as residential mortgage lending, home equity loans, consumer loans, and commercial real estate and business lending.