Wall Street analysts forecast that Home Bancorp, Inc. (NASDAQ:HBCP) will report earnings per share of $0.69 for the current quarter, according to Zacks. Two analysts have made estimates for Home Bancorp’s earnings. The highest EPS estimate is $0.85 and the lowest is $0.52. Home Bancorp reported earnings per share of $0.66 in the same quarter last year, which suggests a positive year over year growth rate of 4.5%. The company is expected to announce its next earnings report on Tuesday, April 24th.
According to Zacks, analysts expect that Home Bancorp will report full-year earnings of $3.11 per share for the current year, with EPS estimates ranging from $2.66 to $3.55. For the next fiscal year, analysts expect that the firm will post earnings of $3.45 per share. Zacks’ EPS averages are an average based on a survey of analysts that cover Home Bancorp.
Home Bancorp (NASDAQ:HBCP) last announced its earnings results on Tuesday, January 30th. The bank reported $0.84 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.63 by $0.21. The business had revenue of $22.71 million for the quarter, compared to analyst estimates of $19.33 million. Home Bancorp had a net margin of 21.08% and a return on equity of 10.82%.
A number of equities analysts have recently issued reports on the stock. Zacks Investment Research upgraded shares of Home Bancorp from a “hold” rating to a “buy” rating and set a $48.00 target price on the stock in a research report on Tuesday, January 16th. BidaskClub raised Home Bancorp from a “sell” rating to a “hold” rating in a report on Friday, February 2nd. ValuEngine raised Home Bancorp from a “hold” rating to a “buy” rating in a report on Friday, February 2nd. Finally, Sandler O’Neill reaffirmed a “hold” rating and set a $46.00 price target on shares of Home Bancorp in a report on Wednesday, October 18th. Five investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company. The stock has a consensus rating of “Hold” and an average target price of $47.00.
In other Home Bancorp news, Director Kathy J. Bobbs bought 600 shares of Home Bancorp stock in a transaction on Thursday, December 14th. The stock was bought at an average price of $43.09 per share, with a total value of $25,854.00. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Chris P. Rader bought 2,378 shares of Home Bancorp stock in a transaction on Monday, February 5th. The stock was acquired at an average cost of $41.95 per share, with a total value of $99,757.10. The disclosure for this purchase can be found here. Over the last ninety days, insiders have purchased 3,704 shares of company stock valued at $156,139. Corporate insiders own 15.50% of the company’s stock.
A number of institutional investors have recently added to or reduced their stakes in HBCP. Ramsey Quantitative Systems acquired a new stake in Home Bancorp in the fourth quarter valued at $131,000. SG Americas Securities LLC acquired a new stake in Home Bancorp in the third quarter valued at $147,000. Bank of Montreal Can acquired a new stake in Home Bancorp in the fourth quarter valued at $148,000. JPMorgan Chase & Co. acquired a new stake in Home Bancorp in the third quarter valued at $165,000. Finally, Wells Fargo & Company MN lifted its holdings in Home Bancorp by 3.1% in the second quarter. Wells Fargo & Company MN now owns 4,438 shares of the bank’s stock valued at $189,000 after acquiring an additional 133 shares during the period. 33.96% of the stock is owned by institutional investors.
Shares of Home Bancorp (HBCP) traded down $0.10 on Friday, hitting $40.15. 10,600 shares of the stock were exchanged, compared to its average volume of 15,360. The company has a current ratio of 0.99, a quick ratio of 0.98 and a debt-to-equity ratio of 0.34. The stock has a market capitalization of $378.17, a price-to-earnings ratio of 14.64 and a beta of 0.07. Home Bancorp has a twelve month low of $32.52 and a twelve month high of $47.20.
The business also recently declared a quarterly dividend, which will be paid on Friday, February 16th. Investors of record on Tuesday, February 6th will be issued a dividend of $0.15 per share. The ex-dividend date of this dividend is Monday, February 5th. This is an increase from Home Bancorp’s previous quarterly dividend of $0.14. This represents a $0.60 annualized dividend and a dividend yield of 1.49%. Home Bancorp’s dividend payout ratio (DPR) is currently 24.90%.
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Home Bancorp Company Profile
Home Bancorp, Inc is a bank holding company for Home Bank, N.A. (the Bank). The Bank conducts business through banking offices in the Greater Lafayette, Baton Rouge, Greater New Orleans and Northshore (of Lake Pontchartrain) regions of south Louisiana and the Natchez and Vicksburg regions of west Mississippi.
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