Wall Street brokerages expect that Home Bancorp, Inc. (NASDAQ:HBCP) will post earnings per share of $0.89 for the current fiscal quarter, Zacks reports. Two analysts have provided estimates for Home Bancorp’s earnings. The highest EPS estimate is $0.90 and the lowest is $0.88. Home Bancorp reported earnings per share of $0.59 in the same quarter last year, which suggests a positive year over year growth rate of 50.8%. The business is expected to issue its next quarterly earnings results on Tuesday, October 23rd.

On average, analysts expect that Home Bancorp will report full-year earnings of $3.57 per share for the current year, with EPS estimates ranging from $3.55 to $3.58. For the next year, analysts forecast that the company will report earnings of $3.48 per share, with EPS estimates ranging from $3.40 to $3.55. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of sell-side research firms that that provide coverage for Home Bancorp.

Home Bancorp (NASDAQ:HBCP) last released its earnings results on Thursday, July 26th. The bank reported $0.93 earnings per share for the quarter, beating the consensus estimate of $0.83 by $0.10. Home Bancorp had a return on equity of 10.63% and a net margin of 23.13%. The firm had revenue of $26.68 million for the quarter, compared to analyst estimates of $25.73 million.

Several equities analysts have weighed in on HBCP shares. BidaskClub lowered Home Bancorp from a “hold” rating to a “sell” rating in a research note on Friday, September 14th. ValuEngine lowered Home Bancorp from a “hold” rating to a “sell” rating in a research note on Wednesday, September 12th. Finally, Zacks Investment Research lowered Home Bancorp from a “buy” rating to a “hold” rating in a research note on Thursday, July 5th.

NASDAQ:HBCP opened at $42.54 on Monday. Home Bancorp has a 1-year low of $34.12 and a 1-year high of $48.47. The company has a current ratio of 0.97, a quick ratio of 0.96 and a debt-to-equity ratio of 0.23. The stock has a market capitalization of $411.34 million, a price-to-earnings ratio of 15.36 and a beta of 0.07.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in HBCP. Wells Fargo & Company MN raised its position in shares of Home Bancorp by 13.3% during the first quarter. Wells Fargo & Company MN now owns 10,104 shares of the bank’s stock worth $437,000 after purchasing an additional 1,188 shares during the period. Northern Trust Corp raised its position in shares of Home Bancorp by 9.1% during the first quarter. Northern Trust Corp now owns 77,168 shares of the bank’s stock worth $3,331,000 after purchasing an additional 6,423 shares during the period. BlackRock Inc. raised its position in shares of Home Bancorp by 2.1% during the first quarter. BlackRock Inc. now owns 283,247 shares of the bank’s stock worth $12,228,000 after purchasing an additional 5,916 shares during the period. JPMorgan Chase & Co. raised its position in shares of Home Bancorp by 33.0% during the first quarter. JPMorgan Chase & Co. now owns 7,056 shares of the bank’s stock worth $305,000 after purchasing an additional 1,750 shares during the period. Finally, Dimensional Fund Advisors LP raised its position in shares of Home Bancorp by 7.4% during the first quarter. Dimensional Fund Advisors LP now owns 114,346 shares of the bank’s stock worth $4,936,000 after purchasing an additional 7,861 shares during the period. 38.96% of the stock is currently owned by institutional investors.

About Home Bancorp

Home Bancorp, Inc operates as the holding company for Home Bank, National Association that provides various banking products and services in Louisiana. It offers deposits products, including interest-bearing and noninterest-bearing checking, money market, savings, and certificates of deposit accounts.

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

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