News coverage about HomeStreet (NASDAQ:HMST) has trended somewhat positive this week, according to Accern. The research firm rates the sentiment of media coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. HomeStreet earned a news impact score of 0.14 on Accern’s scale. Accern also assigned media stories about the financial services provider an impact score of 46.40078829717 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
A number of research firms have recently issued reports on HMST. B. Riley reiterated a “neutral” rating on shares of HomeStreet in a research report on Wednesday, November 1st. ValuEngine downgraded shares of HomeStreet from a “buy” rating to a “hold” rating in a research report on Monday, October 2nd. FBR & Co restated a “hold” rating on shares of HomeStreet in a research report on Tuesday, October 3rd. Finally, Zacks Investment Research upgraded HomeStreet from a “strong sell” rating to a “hold” rating in a research report on Wednesday, September 27th. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating and one has assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of $29.08.
HomeStreet (NASDAQ HMST) opened at $29.15 on Wednesday. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.73 and a current ratio of 0.87. HomeStreet has a 12-month low of $24.00 and a 12-month high of $33.70. The stock has a market capitalization of $777.63, a P/E ratio of 19.81, a P/E/G ratio of 1.75 and a beta of 0.23.
HomeStreet (NASDAQ:HMST) last issued its quarterly earnings results on Monday, October 23rd. The financial services provider reported $0.51 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.41 by $0.10. The company had revenue of $134.72 million during the quarter, compared to the consensus estimate of $129.90 million. HomeStreet had a return on equity of 6.08% and a net margin of 6.68%. During the same period in the previous year, the firm posted $1.12 EPS. analysts predict that HomeStreet will post 1.66 earnings per share for the current fiscal year.
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HomeStreet, Inc is a financial services company serving customers primarily in the western United States, including Hawaii. The Company is principally engaged in real estate lending, including mortgage banking activities, and commercial and consumer banking. The Company’s operating segments include Commercial and Consumer Banking, and Mortgage Banking.
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