Home BancShares, Inc. (NASDAQ:HOMB) released its quarterly earnings data on Thursday. The financial services provider reported $0.32 earnings per share for the quarter, missing the consensus estimate of $0.34 by ($0.02), Bloomberg Earnings reports. Home BancShares had a return on equity of 13.77% and a net margin of 33.97%. During the same quarter in the prior year, the business posted $0.33 EPS.

Home BancShares (NASDAQ:HOMB) opened at 24.96 on Friday. The company has a market cap of $3.57 billion, a price-to-earnings ratio of 18.67 and a beta of 1.19. Home BancShares has a 52 week low of $20.22 and a 52 week high of $29.69. The firm has a 50-day moving average of $24.08 and a 200-day moving average of $24.58.

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Several research analysts recently weighed in on HOMB shares. BidaskClub lowered shares of Home BancShares from a “sell” rating to a “strong sell” rating in a research note on Saturday, June 24th. Zacks Investment Research lowered shares of Home BancShares from a “buy” rating to a “hold” rating in a research note on Wednesday, July 26th. Stephens reissued an “overweight” rating and set a $28.00 price objective (down previously from $29.00) on shares of Home BancShares in a research note on Tuesday, September 12th. Keefe, Bruyette & Woods reaffirmed a “buy” rating and issued a $30.00 price target on shares of Home BancShares in a research note on Friday, July 21st. Finally, ValuEngine raised shares of Home BancShares from a “hold” rating to a “buy” rating in a research note on Friday, July 7th. Two analysts have rated the stock with a sell rating, four have assigned a hold rating and three have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average target price of $28.58.

In related news, insider Tracy French acquired 3,100 shares of Home BancShares stock in a transaction dated Friday, August 11th. The stock was bought at an average price of $23.54 per share, with a total value of $72,974.00. Following the transaction, the insider now directly owns 102,268 shares in the company, valued at approximately $2,407,388.72. The purchase was disclosed in a filing with the SEC, which is accessible through this link. Also, Chairman John W. Allison acquired 15,000 shares of Home BancShares stock in a transaction dated Monday, July 24th. The shares were bought at an average cost of $24.68 per share, with a total value of $370,200.00. Following the transaction, the chairman now owns 4,953,896 shares in the company, valued at $122,262,153.28. The disclosure for this purchase can be found here. In the last ninety days, insiders have bought 33,100 shares of company stock valued at $825,074. Insiders own 11.27% of the company’s stock.

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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