Analysts expect Home Bancorp, Inc. (NASDAQ:HBCP – Get Rating) to announce earnings per share of $0.74 for the current fiscal quarter, according to Zacks. Three analysts have issued estimates for Home Bancorp’s earnings. The highest EPS estimate is $0.95 and the lowest is $0.58. Home Bancorp posted earnings of $1.41 per share in the same quarter last year, which suggests a negative year-over-year growth rate of 47.5%. The company is expected to issue its next quarterly earnings results on Monday, January 1st.
On average, analysts expect that Home Bancorp will report full year earnings of $4.10 per share for the current financial year, with EPS estimates ranging from $4.00 to $4.38. For the next fiscal year, analysts anticipate that the business will post earnings of $4.80 per share, with EPS estimates ranging from $4.00 to $5.17. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of research firms that follow Home Bancorp.
Home Bancorp (NASDAQ:HBCP – Get Rating) last posted its earnings results on Tuesday, January 25th. The bank reported $1.23 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.20 by $0.03. Home Bancorp had a net margin of 39.47% and a return on equity of 14.27%. The firm had revenue of $28.18 million for the quarter, compared to analyst estimates of $28.82 million.
Shares of NASDAQ:HBCP traded down $0.37 during trading on Friday, reaching $40.88. The stock had a trading volume of 13,490 shares, compared to its average volume of 17,625. The firm’s fifty day moving average is $39.91 and its 200 day moving average is $40.93. The company has a debt-to-equity ratio of 0.07, a quick ratio of 0.96 and a current ratio of 0.96. Home Bancorp has a 52 week low of $35.05 and a 52 week high of $45.73. The stock has a market cap of $346.74 million, a price-to-earnings ratio of 7.08 and a beta of 0.74.
The company also recently disclosed a quarterly dividend, which was paid on Friday, February 18th. Stockholders of record on Monday, February 7th were paid a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a dividend yield of 2.25%. The ex-dividend date of this dividend was Friday, February 4th. Home Bancorp’s dividend payout ratio is currently 15.94%.
In related news, Director John Scott Ballard bought 3,750 shares of the business’s stock in a transaction that occurred on Monday, January 31st. The shares were acquired at an average cost of $40.03 per share, with a total value of $150,112.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 7.00% of the stock is owned by corporate insiders.
Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Lazard Asset Management LLC raised its holdings in Home Bancorp by 70.7% during the fourth quarter. Lazard Asset Management LLC now owns 780 shares of the bank’s stock worth $32,000 after buying an additional 323 shares during the last quarter. Citigroup Inc. raised its holdings in Home Bancorp by 140.1% during the third quarter. Citigroup Inc. now owns 874 shares of the bank’s stock worth $34,000 after buying an additional 510 shares during the last quarter. Denali Advisors LLC acquired a new position in Home Bancorp during the fourth quarter worth $46,000. Metropolitan Life Insurance Co NY acquired a new position in Home Bancorp during the third quarter worth $81,000. Finally, BNP Paribas Arbitrage SA raised its holdings in shares of Home Bancorp by 80.6% in the third quarter. BNP Paribas Arbitrage SA now owns 2,129 shares of the bank’s stock valued at $82,000 after purchasing an additional 950 shares during the last quarter. Hedge funds and other institutional investors own 39.41% of the company’s stock.
About Home Bancorp (Get Rating)
Home Bancorp, Inc operates as the bank holding company for Home Bank, National Association that provides various banking products and services in Louisiana and Mississippi. It offers deposit products, including interest-bearing and noninterest-bearing checking, money market, savings, NOW, and certificates of deposit accounts.
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