News coverage about Home Bancshares (NASDAQ:HOMB) has been trending somewhat negative on Monday, Alpha One reports. Alpha One, a service of Accern, ranks the sentiment of news coverage by analyzing more than 20 million news and blog sources. Alpha One ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Home Bancshares earned a media sentiment score of -0.02 on Alpha One’s scale. Alpha One also gave news coverage about the financial services provider an impact score of 76 out of 100, meaning that recent news coverage is likely to have an impact on the company’s share price in the near future.
HOMB has been the subject of several research reports. Keefe, Bruyette & Woods raised shares of Home Bancshares from a “market perform” rating to an “outperform” rating and set a $23.00 price target for the company in a research report on Monday, May 15th. Stephens reissued a “buy” rating on shares of Home Bancshares in a report on Thursday, April 20th. Merion Capital Group restated a “neutral” rating and issued a $28.50 price objective on shares of Home Bancshares in a research note on Monday, April 24th. Finally, BidaskClub upgraded Home Bancshares from a “strong sell” rating to a “sell” rating in a research note on Saturday, June 10th. One analyst has rated the stock with a sell rating, two have issued a hold rating and four have given a buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of $28.13.
Home Bancshares (NASDAQ HOMB) traded up 0.24% during mid-day trading on Monday, hitting $25.57. The stock had a trading volume of 664,404 shares. Home Bancshares has a 12 month low of $18.32 and a 12 month high of $29.69. The stock’s 50-day moving average price is $24.60 and its 200-day moving average price is $26.51. The stock has a market cap of $3.67 billion, a price-to-earnings ratio of 19.71 and a beta of 1.21.
Home Bancshares (NASDAQ:HOMB) last posted its quarterly earnings results on Thursday, April 20th. The financial services provider reported $0.33 EPS for the quarter, beating the consensus estimate of $0.32 by $0.01. Home Bancshares had a return on equity of 13.57% and a net margin of 35.69%. The firm had revenue of $141 million during the quarter, compared to analysts’ expectations of $131.04 million. During the same quarter last year, the firm earned $0.59 earnings per share. The business’s revenue for the quarter was up 13.1% on a year-over-year basis. On average, analysts predict that Home Bancshares will post $1.37 earnings per share for the current year.
The firm also recently announced a quarterly dividend, which was paid on Wednesday, June 7th. Shareholders of record on Wednesday, May 17th were paid a dividend of $0.09 per share. The ex-dividend date of this dividend was Monday, May 15th. This represents a $0.36 annualized dividend and a yield of 1.41%. Home Bancshares’s dividend payout ratio (DPR) is 27.69%.
In other Home Bancshares news, insider Jim F. Haynes, Jr. sold 1,500 shares of the firm’s stock in a transaction on Thursday, May 4th. The stock was sold at an average price of $25.50, for a total transaction of $38,250.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Tracy French purchased 2,300 shares of the stock in a transaction dated Friday, May 12th. The shares were purchased at an average price of $23.79 per share, with a total value of $54,717.00. The disclosure for this purchase can be found here. 11.27% of the stock is owned by company insiders.
Home Bancshares Company Profile
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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