Home Bancorp (HBCP) Set to Announce Earnings on Wednesday

Home Bancorp (NASDAQ:HBCP) is set to release its earnings data after the market closes on Wednesday, April 17th. Analysts expect Home Bancorp to post earnings of $1.00 per share for the quarter.

Home Bancorp (NASDAQ:HBCP) last posted its quarterly earnings data on Monday, January 22nd. The bank reported $1.17 EPS for the quarter, topping analysts’ consensus estimates of $1.03 by $0.14. The firm had revenue of $32.76 million during the quarter, compared to analyst estimates of $33.10 million. Home Bancorp had a net margin of 22.57% and a return on equity of 11.46%. On average, analysts expect Home Bancorp to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Home Bancorp Stock Down 0.9 %

Shares of NASDAQ:HBCP traded down $0.31 during trading on Friday, reaching $35.39. 8,183 shares of the company traded hands, compared to its average volume of 13,330. The firm has a fifty day simple moving average of $36.42 and a 200 day simple moving average of $37.12. The firm has a market cap of $288.43 million, a P/E ratio of 7.09 and a beta of 0.68. Home Bancorp has a 1-year low of $27.75 and a 1-year high of $44.00. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.26.

Home Bancorp Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, February 16th. Stockholders of record on Monday, February 5th were issued a dividend of $0.25 per share. The ex-dividend date was Friday, February 2nd. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.83%. Home Bancorp’s dividend payout ratio is currently 20.04%.

Institutional Investors Weigh In On Home Bancorp

Several hedge funds have recently bought and sold shares of HBCP. Royal Bank of Canada grew its position in shares of Home Bancorp by 7.3% in the 3rd quarter. Royal Bank of Canada now owns 5,089 shares of the bank’s stock valued at $198,000 after acquiring an additional 347 shares during the period. American Century Companies Inc. raised its stake in Home Bancorp by 1.0% in the 1st quarter. American Century Companies Inc. now owns 36,125 shares of the bank’s stock worth $1,187,000 after purchasing an additional 364 shares in the last quarter. Charles Schwab Investment Management Inc. raised its position in shares of Home Bancorp by 1.9% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 19,847 shares of the bank’s stock valued at $794,000 after buying an additional 376 shares in the last quarter. Rhumbline Advisers grew its holdings in shares of Home Bancorp by 3.9% during the 2nd quarter. Rhumbline Advisers now owns 10,595 shares of the bank’s stock valued at $362,000 after purchasing an additional 396 shares during the last quarter. Finally, Alliancebernstein L.P. grew its holdings in shares of Home Bancorp by 7.4% during the 4th quarter. Alliancebernstein L.P. now owns 5,800 shares of the bank’s stock valued at $232,000 after purchasing an additional 400 shares during the last quarter. 49.41% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, Piper Sandler downgraded shares of Home Bancorp from an “overweight” rating to a “neutral” rating and boosted their price objective for the stock from $40.00 to $43.00 in a report on Wednesday, January 24th.

About Home Bancorp

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.