Home Bancorp, Inc. (NASDAQ:HBCP) Expected to Post Earnings of $1.01 Per Share

Analysts forecast that Home Bancorp, Inc. (NASDAQ:HBCPGet Rating) will announce earnings per share of $1.01 for the current quarter, Zacks Investment Research reports. Three analysts have issued estimates for Home Bancorp’s earnings. The highest EPS estimate is $1.05 and the lowest is $0.97. Home Bancorp posted earnings of $1.34 per share during the same quarter last year, which would suggest a negative year-over-year growth rate of 24.6%. The firm is expected to report its next quarterly earnings report on Monday, January 1st.

On average, analysts expect that Home Bancorp will report full year earnings of $4.11 per share for the current fiscal year, with EPS estimates ranging from $4.02 to $4.20. For the next fiscal year, analysts anticipate that the company will post earnings of $4.70 per share, with EPS estimates ranging from $4.30 to $5.05. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of sell-side analysts that cover Home Bancorp.

Home Bancorp (NASDAQ:HBCPGet Rating) last issued its quarterly earnings results on Tuesday, April 26th. The bank reported $0.53 earnings per share for the quarter, missing the consensus estimate of $0.74 by ($0.21). Home Bancorp had a net margin of 34.21% and a return on equity of 11.99%.

Several equities analysts have recently commented on the stock. Zacks Investment Research downgraded shares of Home Bancorp from a “buy” rating to a “hold” rating in a report on Thursday, April 28th. StockNews.com raised shares of Home Bancorp from a “hold” rating to a “buy” rating in a report on Tuesday.

A number of institutional investors and hedge funds have recently made changes to their positions in HBCP. Morgan Stanley increased its position in Home Bancorp by 3.3% in the second quarter. Morgan Stanley now owns 43,993 shares of the bank’s stock worth $1,676,000 after purchasing an additional 1,396 shares during the last quarter. Citadel Advisors LLC bought a new position in Home Bancorp during the second quarter valued at $202,000. SG Americas Securities LLC bought a new position in Home Bancorp during the third quarter valued at $204,000. Barclays PLC increased its position in Home Bancorp by 222.3% during the third quarter. Barclays PLC now owns 3,126 shares of the bank’s stock valued at $121,000 after acquiring an additional 2,156 shares during the last quarter. Finally, Citigroup Inc. increased its position in Home Bancorp by 140.1% during the third quarter. Citigroup Inc. now owns 874 shares of the bank’s stock valued at $34,000 after acquiring an additional 510 shares during the last quarter. Institutional investors own 47.43% of the company’s stock.

HBCP stock opened at $34.51 on Friday. Home Bancorp has a one year low of $34.15 and a one year high of $45.73. The company’s fifty day moving average price is $39.11 and its 200-day moving average price is $40.68. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.92 and a current ratio of 0.92. The company has a market capitalization of $288.05 million, a PE ratio of 7.06 and a beta of 0.73.

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 20th. Investors of record on Monday, May 9th will be given a $0.23 dividend. This represents a $0.92 annualized dividend and a yield of 2.67%. The ex-dividend date is Friday, May 6th. Home Bancorp’s dividend payout ratio is presently 18.81%.

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

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