HomeTrust Bancshares (NYSE:HTB) Downgraded to “Sell” Rating by Wall Street Zen

Wall Street Zen lowered shares of HomeTrust Bancshares (NYSE:HTB) from a hold rating to a sell rating in a research report released on Saturday morning.

Several other research analysts have also commented on HTB. Weiss Ratings initiated coverage on shares of HomeTrust Bancshares in a research note on Wednesday, January 14th. They set a “buy (b)” rating on the stock. Hovde Group cut shares of HomeTrust Bancshares from a “strong-buy” rating to a “hold” rating in a report on Monday, January 12th. One research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, HomeTrust Bancshares has a consensus rating of “Moderate Buy”.

HomeTrust Bancshares Stock Up 0.6%

Shares of HTB stock opened at $43.19 on Friday. HomeTrust Bancshares has a fifty-two week low of $30.95 and a fifty-two week high of $47.64. The company has a current ratio of 1.12, a quick ratio of 1.07 and a debt-to-equity ratio of 0.40. The stock has a market capitalization of $753.23 million, a price-to-earnings ratio of 11.61 and a beta of 0.88.

HomeTrust Bancshares (NYSE:HTB) last announced its quarterly earnings results on Thursday, January 22nd. The company reported $0.93 EPS for the quarter, beating the consensus estimate of $0.91 by $0.02. HomeTrust Bancshares had a return on equity of 11.09% and a net margin of 22.01%.The business had revenue of $53.90 million during the quarter.

HomeTrust Bancshares Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, February 26th. Shareholders of record on Wednesday, February 18th will be given a $0.13 dividend. This represents a $0.52 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend is Wednesday, February 18th. HomeTrust Bancshares’s payout ratio is currently 13.98%.

HomeTrust Bancshares Company Profile

HomeTrust Bancshares, Inc is the bank holding company for HomeTrust Bank, a regional community bank that provides a range of commercial and consumer banking services. Through its subsidiary bank, the company offers traditional deposit and lending products, including checking and savings accounts, certificates of deposit, residential mortgages, home equity lending, and business loans. HomeTrust also delivers treasury management and payment services for small and midsize businesses, along with digital banking tools to support day-to-day account access and payments.

The company’s product set extends beyond core banking to include wealth management and trust services, commercial real estate financing, and specialized lending for agriculture and construction where relevant to local markets.