Home Bancorp, Inc. (NASDAQ:HBCP) Expected to Post Q2 2022 Earnings of $0.98 Per Share

Home Bancorp, Inc. (NASDAQ:HBCP – Get Rating) – Equities researchers at DA Davidson issued their Q2 2022 earnings estimates for shares of Home Bancorp in a research note issued to investors on Friday, April 29th. DA Davidson analyst K. Fitzsimmons anticipates that the bank will post earnings of $0.98 per share for the quarter.

Other equities research analysts have also recently issued reports about the stock. StockNews.com initiated coverage on shares of Home Bancorp in a research note on Thursday, March 31st. They issued a “buy” rating on the stock. Zacks Investment Research cut shares of Home Bancorp from a “buy” rating to a “hold” rating in a research note on Thursday.

Shares of NASDAQ HBCP opened at $38.33 on Monday. The stock has a market cap of $325.12 million, a price-to-earnings ratio of 7.84 and a beta of 0.74. Home Bancorp has a 52 week low of $35.05 and a 52 week high of $45.73. The company’s 50-day moving average price is $39.84 and its 200 day moving average price is $40.95. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 0.07.

Home Bancorp (NASDAQ:HBCP – Get Rating) last issued its quarterly earnings data on Tuesday, April 26th. The bank reported $0.53 EPS for the quarter, missing the Zacks’ consensus estimate of $0.74 by ($0.21). Home Bancorp had a net margin of 34.21% and a return on equity of 11.92%.

The company also recently declared a quarterly dividend, which will be paid on Friday, May 20th. Shareholders of record on Monday, May 9th will be paid a dividend of $0.23 per share. The ex-dividend date is Friday, May 6th. This represents a $0.92 annualized dividend and a dividend yield of 2.40%. Home Bancorp’s dividend payout ratio is currently 18.81%.

Institutional investors have recently added to or reduced their stakes in the business. Lazard Asset Management LLC boosted its stake in shares of Home Bancorp by 70.7% during the 4th quarter. Lazard Asset Management LLC now owns 780 shares of the bank’s stock worth $32,000 after purchasing an additional 323 shares during the last quarter. Citigroup Inc. boosted its stake in shares of Home Bancorp by 140.1% during the 3rd quarter. Citigroup Inc. now owns 874 shares of the bank’s stock worth $34,000 after purchasing an additional 510 shares during the last quarter. Denali Advisors LLC acquired a new stake in shares of Home Bancorp during the 4th quarter worth about $46,000. Metropolitan Life Insurance Co NY purchased a new position in shares of Home Bancorp during the 3rd quarter worth about $81,000. Finally, BNP Paribas Arbitrage SA lifted its holdings in shares of Home Bancorp by 80.6% during the 3rd quarter. BNP Paribas Arbitrage SA now owns 2,129 shares of the bank’s stock worth $82,000 after acquiring an additional 950 shares during the period. 39.41% of the stock is currently owned by institutional investors.

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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