Home BancShares (HOMB) Scheduled to Post Earnings on Wednesday

Home BancShares (NASDAQ:HOMB) is set to post its quarterly earnings results before the market opens on Wednesday, January 17th. Analysts expect Home BancShares to post earnings of $0.36 per share for the quarter.

Home BancShares (NASDAQ:HOMB) last announced its quarterly earnings data on Thursday, October 19th. The financial services provider reported $0.32 EPS for the quarter, missing the Zacks’ consensus estimate of $0.34 by ($0.02). The firm had revenue of $128.23 million during the quarter, compared to the consensus estimate of $135.55 million. Home BancShares had a net margin of 28.19% and a return on equity of 12.00%. During the same quarter in the previous year, the business posted $0.33 earnings per share. On average, analysts expect Home BancShares to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Home BancShares (NASDAQ:HOMB) opened at $25.01 on Tuesday. The company has a market capitalization of $4,340.00, a price-to-earnings ratio of 22.33 and a beta of 1.18. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.01 and a quick ratio of 1.01. Home BancShares has a 12-month low of $20.82 and a 12-month high of $29.69.

A number of research analysts have commented on the company. Piper Jaffray Companies reiterated a “hold” rating and issued a $26.00 price objective on shares of Home BancShares in a research report on Tuesday, January 9th. BidaskClub raised Home BancShares from a “sell” rating to a “hold” rating in a research note on Thursday, January 11th. Sandler O’Neill set a $26.00 price target on Home BancShares and gave the company a “hold” rating in a research note on Thursday, January 4th. Keefe, Bruyette & Woods reissued a “buy” rating and issued a $30.00 price target on shares of Home BancShares in a research note on Friday, December 22nd. Finally, Zacks Investment Research raised Home BancShares from a “sell” rating to a “hold” rating in a research note on Tuesday, December 5th. Six analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $27.50.

In related news, Director Jim Rankin purchased 1,337 shares of the business’s stock in a transaction dated Friday, November 10th. The shares were bought at an average price of $21.45 per share, with a total value of $28,678.65. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 11.27% of the company’s stock.

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About Home BancShares

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).

Earnings History for Home BancShares (NASDAQ:HOMB)

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