Home Bancshares, Inc. (Conway, AR) (HOMB) Set to Announce Quarterly Earnings on Thursday
Home Bancshares, Inc. (Conway, AR) (NASDAQ:HOMB) will be announcing its earnings results before the market opens on Thursday, April 15th. Analysts expect the company to announce earnings of $0.44 per share for the quarter. Persons that wish to register for the company’s earnings conference call can do so using this link.
Home Bancshares, Inc. (Conway, AR) (NASDAQ:HOMB) last announced its quarterly earnings results on Wednesday, January 20th. The financial services provider reported $0.50 earnings per share for the quarter, beating analysts’ consensus estimates of $0.41 by $0.09. Home Bancshares, Inc. (Conway, AR) had a net margin of 26.02% and a return on equity of 12.05%. The business had revenue of $181.91 million during the quarter, compared to analysts’ expectations of $172.60 million. On average, analysts expect Home Bancshares, Inc. (Conway, AR) to post $2 EPS for the current fiscal year and $1 EPS for the next fiscal year.
Shares of HOMB stock opened at $26.40 on Thursday. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.95 and a current ratio of 0.95. The firm has a market cap of $4.37 billion, a P/E ratio of 21.29 and a beta of 1.49. The firm’s 50 day moving average price is $26.35 and its 200-day moving average price is $20.82. Home Bancshares, Inc. has a one year low of $10.79 and a one year high of $29.21.
A number of research analysts have commented on the company. Raymond James upped their price target on Home Bancshares, Inc. (Conway, AR) from $19.00 to $24.00 and gave the stock an “outperform” rating in a research note on Friday, January 22nd. Zacks Investment Research downgraded Home Bancshares, Inc. (Conway, AR) from a “buy” rating to a “hold” rating in a report on Tuesday, March 23rd. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of $19.20.
In other Home Bancshares, Inc. (Conway, AR) news, Director Jack Engelkes sold 2,000 shares of the business’s stock in a transaction on Tuesday, March 2nd. The shares were sold at an average price of $25.17, for a total value of $50,340.00. Following the completion of the transaction, the director now owns 149,287 shares in the company, valued at $3,757,553.79. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders sold a total of 9,000 shares of company stock valued at $243,610 in the last three months. 8.66% of the stock is currently owned by corporate insiders.
About Home Bancshares, Inc. (Conway, AR)
Home Bancshares, Inc (Conway, AR) operates as the bank holding company for Centennial Bank that provides commercial and retail banking, and related financial services to businesses, real estate developers and investors, individuals, and municipalities. Its deposit products include checking, savings, NOW, demand, and money market accounts, as well as certificates of deposit.
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