Analysts expect Home Bancorp, Inc. (NASDAQ:HBCP) to report sales of $18.34 million for the current quarter, according to Zacks Investment Research. Two analysts have made estimates for Home Bancorp’s earnings, with the highest sales estimate coming in at $18.40 million and the lowest estimate coming in at $18.27 million. Home Bancorp posted sales of $18.23 million during the same quarter last year, which would indicate a positive year-over-year growth rate of 0.6%. The company is expected to report its next earnings report on Tuesday, January 23rd.

On average, analysts expect that Home Bancorp will report full year sales of $18.34 million for the current fiscal year, with estimates ranging from $73.38 million to $73.60 million. For the next year, analysts expect that the firm will report sales of $100.39 million per share, with estimates ranging from $98.10 million to $102.68 million. Zacks’ sales averages are an average based on a survey of research analysts that that provide coverage for Home Bancorp.

Home Bancorp (NASDAQ:HBCP) last released its earnings results on Tuesday, October 24th. The bank reported $0.59 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.63 by ($0.04). Home Bancorp had a return on equity of 9.72% and a net margin of 22.54%. The business had revenue of $18.25 million during the quarter, compared to analysts’ expectations of $18.54 million.

A number of research firms have weighed in on HBCP. Zacks Investment Research lowered shares of Home Bancorp from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, October 24th. Raymond James Financial, Inc. lowered shares of Home Bancorp from an “outperform” rating to a “market perform” rating in a research report on Wednesday, July 26th. UBS AG lowered shares of Home Bancorp from an “outperform” rating to a “market perform” rating in a research report on Wednesday, July 26th. Sandler O’Neill reaffirmed a “hold” rating and set a $46.00 price target on shares of Home Bancorp in a research report on Wednesday, October 18th. Finally, BidaskClub lowered shares of Home Bancorp from a “hold” rating to a “sell” rating in a research report on Friday, July 28th. One research analyst has rated the stock with a sell rating and four have given a hold rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of $47.00.

Home Bancorp (HBCP) opened at $40.43 on Friday. The company has a quick ratio of 0.98, a current ratio of 0.99 and a debt-to-equity ratio of 0.34. Home Bancorp has a 12 month low of $32.52 and a 12 month high of $47.20. The firm has a market cap of $299.32, a P/E ratio of 16.02 and a beta of 0.14.

The company also recently declared a quarterly dividend, which will be paid on Friday, November 17th. Stockholders of record on Monday, November 6th will be given a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a dividend yield of 1.39%. The ex-dividend date of this dividend is Friday, November 3rd. Home Bancorp’s payout ratio is presently 22.67%.

In other news, CEO John W. Bordelon sold 15,578 shares of Home Bancorp stock in a transaction that occurred on Friday, October 27th. The shares were sold at an average price of $43.59, for a total transaction of $679,045.02. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 15.50% of the stock is currently owned by insiders.

Hedge funds have recently added to or reduced their stakes in the company. SG Americas Securities LLC purchased a new stake in shares of Home Bancorp during the 3rd quarter valued at approximately $147,000. American International Group Inc. raised its position in shares of Home Bancorp by 6.7% during the 1st quarter. American International Group Inc. now owns 3,527 shares of the bank’s stock valued at $119,000 after buying an additional 220 shares during the period. JPMorgan Chase & Co. purchased a new stake in shares of Home Bancorp during the 3rd quarter valued at approximately $165,000. Wells Fargo & Company MN increased its holdings in Home Bancorp by 3.1% in the 2nd quarter. Wells Fargo & Company MN now owns 4,438 shares of the bank’s stock valued at $189,000 after purchasing an additional 133 shares during the last quarter. Finally, Russell Investments Group Ltd. increased its holdings in Home Bancorp by 105.4% in the 2nd quarter. Russell Investments Group Ltd. now owns 4,930 shares of the bank’s stock valued at $210,000 after purchasing an additional 2,530 shares during the last quarter. 42.96% of the stock is currently owned by hedge funds and other institutional investors.

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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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Earnings History and Estimates for Home Bancorp (NASDAQ:HBCP)

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