Should I buy or sell HomeStreet stock right now?

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for HomeStreet in the last twelve months. There are currently 3 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" HMST shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in HMST, but not buy additional shares or sell existing shares. View HMST analyst ratings or view top-rated stocks .

What is HomeStreet's stock price target for 2024?

3 brokerages have issued 1 year price objectives for HomeStreet's stock. Their HMST share price targets range from $5.00 to $16.00. On average, they predict the company's share price to reach $12.17 in the next year. This suggests that the stock has a possible downside of 1.0%. View analysts price targets for HMST or view top-rated stocks among Wall Street analysts .

How have HMST shares performed in 2024?

HomeStreet's stock was trading at $10.30 at the start of the year. Since then, HMST stock has increased by 19.3% and is now trading at $12.29. View the best growth stocks for 2024 here .

When is HomeStreet's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, April 22nd 2024. View our HMST earnings forecast .

How were HomeStreet's earnings last quarter?

HomeStreet, Inc. (NASDAQ:HMST) issued its earnings results on Monday, January, 29th. The financial services provider reported ($0.12) earnings per share for the quarter, missing analysts' consensus estimates of $0.03 by $0.15. The financial services provider earned $45.95 million during the quarter, compared to analyst estimates of $49.73 million. HomeStreet had a positive trailing twelve-month return on equity of 1.55% and a negative net margin of 6.23%.

How often does HomeStreet pay dividends? What is the dividend yield for HomeStreet?

HomeStreet declared a quarterly dividend on Monday, October 30th. Investors of record on Wednesday, November 8th will be paid a dividend of $0.10 per share on Wednesday, November 22nd. This represents a $0.40 annualized dividend and a yield of 3.25%. The ex-dividend date of this dividend is Tuesday, November 7th. Read our dividend analysis for HMST .

What is Mark K. Mason's approval rating as HomeStreet's CEO?

78 employees have rated HomeStreet Chief Executive Officer Mark K. Mason on Glassdoor.com . Mark K. Mason has an approval rating of 38% among the company's employees. This puts Mark K. Mason in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of HomeStreet own?

Based on aggregate information from My MarketBeat watchlists, some companies that other HomeStreet investors own include Intelsat (I) , Fossil Group (FOSL) , Bank of America (BAC) , AMC Entertainment (AMC) , Associated British Foods (ABF) , Chaarat Gold (CGH) , First Data (FDC) , VBI Vaccines (VBIV) , Apollo Global Management (APO) and China Unicom (Hong Kong) (CHU) .

Who are HomeStreet's major shareholders?

HomeStreet's stock is owned by many different institutional and retail investors. Top institutional shareholders include Congress Asset Management Co. MA (1.39%), CCG Wealth Management LLC (1.22%) and Hennessy Advisors Inc. (1.06%). Insiders that own company stock include Amen Darrell Van, David L Parr, Douglas Irvine Smith , Erik D Hand, Jay C Iseman , Joanne R Harrell, John Michel , Mark Robert Patterson, Scott M Boggs and Troy Harper. View institutional ownership trends .

How do I buy shares of HomeStreet?

Shares of HMST stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:HMST

HomeStreet (HMST) Stock Price, News & Analysis

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Free HMST Stock Alerts

$12.22

-0.11 (-0.89%)

(As of 04/18/2024 ET)

Compare

Today's Range: $12.21
▼
$12.50
50-Day Range: $12.33
▼
$15.39
52-Week Range: $4.20
▼
$18.40

Volume: 64,634 shs
Average Volume: 300,319 shs
Market Capitalization: $230.47 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $12.17

Get HomeStreet alerts:

HomeStreet MarketRank™ Stock Analysis

Analyst Rating: Hold
2.00 Rating Score
Upside/Downside: 1.0% Downside
$12.17 Price Target
Short Interest: Healthy
3.36% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: N/A
Insider Trading: Acquiring Shares
$25,056 Bought Last Quarter
Proj. Earnings Growth: 331.58%
From $0.19 to $0.82 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.50 out of 5 stars

Finance Sector

706th out of 830 stocks

State Commercial Banks Industry

159th out of 171 stocks

1.0

Analyst's Opinion

Consensus Rating
HomeStreet has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 3 hold ratings, and no sell ratings.
Amount of Analyst Coverage
HomeStreet has only been the subject of 1 research reports in the past 90 days.

4.0

Short Interest

Percentage of Shares Shorted
3.36% of the float of HomeStreet has been sold short.
Short Interest Ratio / Days to Cover
HomeStreet has a short interest ratio ("days to cover") of 1.8, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in HomeStreet has recently decreased by 1.71%, indicating that investor sentiment is improving.

0.0

Dividend Strength

Dividend Yield
HomeStreet does not currently pay a dividend.
Dividend Growth
HomeStreet does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for HMST.

1.4

News and Social Media Coverage

News Sentiment
HomeStreet has a news sentiment score of -0.50. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.57 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 1 news article for HomeStreet this week, compared to 1 article on an average week.
MarketBeat Follows
2 people have added HomeStreet to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, HomeStreet insiders have bought more of their company's stock than they have sold. Specifically, they have bought $25,056.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 4.60% of the stock of HomeStreet is held by insiders.
Percentage Held by Institutions
74.71% of the stock of HomeStreet is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for HomeStreet are expected to grow by 331.58% in the coming year, from $0.19 to $0.82 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of HomeStreet is -8.42, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of HomeStreet is -8.42, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
HomeStreet has a P/B Ratio of 0.43. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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About HomeStreet Stock (NASDAQ:HMST)

HomeStreet, Inc. operates as the bank holding company for HomeStreet Bank that provides commercial, mortgage, and consumer/retail banking services in the Western United States. The company offers personal and business checking, savings, interest-bearing negotiable order of withdrawal, and money market accounts, as well as certificates of deposit; credit cards; insurance; and treasury management services. Its loan products include commercial real estate (CRE), multifamily, construction and land development, owner occupied CRE and commercial business loans; and single family, home equity, and other loans. In addition, the company offers online, mobile, and telephone banking. It serves small and medium sized businesses, real estate investors, professional firms, and individuals. The company operates through branches and ATMs. The company was formerly known as Continental Mortgage and Loan Company. HomeStreet, Inc. was incorporated in 1921 and is headquartered in Seattle, Washington.

HMST Stock Price History

30 days | 90 days | 365 days | Advanced Chart

HMST Stock News Headlines

March 19, 2024 | insidertrades.com

Joanne R. Harrell Buys 1,685 Shares of HomeStreet, Inc. (NASDAQ:HMST) Stock

April 15, 2024 | americanbankingnews.com

HomeStreet (NASDAQ:HMST) Receives New Coverage from Analysts at StockNews.com

April 18, 2024 | DTI (Ad)

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March 31, 2024 | finance.yahoo.com

HomeStreet, Inc. (HMST) Stock Historical Prices & Data - Yahoo Finance

March 21, 2024 | finance.yahoo.com

HomeStreet Insiders Placed Bullish Bets Worth US$616.1k

February 22, 2024 | benzinga.com

HomeStreet Stock (NASDAQ:HMST) Earnings Dates and Earning Calls

February 18, 2024 | finance.yahoo.com

HMST Mar 2024 15.000 call

February 18, 2024 | finance.yahoo.com

HMST Mar 2024 13.000 put

April 18, 2024 | DTI (Ad)

Don’t expose yourself to stocks during the week

February 6, 2024 | msn.com

HomeStreet and FirstSun Capital Propose Merger

January 31, 2024 | finance.yahoo.com

Fast-paced Momentum Stock HomeStreet (HMST) Is Still Trading at a Bargain

January 30, 2024 | markets.businessinsider.com

HomeStreet Faces Headwinds and NIM Pressure; Maintains Hold Rating Amid Merger Prospects

January 30, 2024 | markets.businessinsider.com

Analysts Are Neutral on These Financial Stocks: HomeStreet (HMST), Midland States Bancrop (MSBI)

January 30, 2024 | msn.com

Compared to Estimates, HomeStreet (HMST) Q4 Earnings: A Look at Key Metrics

January 29, 2024 | finance.yahoo.com

HomeStreet Reports Year End and Fourth Quarter 2023 Results

January 29, 2024 | benzinga.com

Recap: HomeStreet Q4 Earnings

January 26, 2024 | benzinga.com

Earnings Preview: HomeStreet

January 24, 2024 | finance.yahoo.com

Seeking Clues to HomeStreet (HMST) Q4 Earnings? A Peek Into Wall Street Projections for Key Metrics

January 23, 2024 | finance.yahoo.com

HomeStreet Cancels Scheduled Fourth Quarter 2023 Analyst Earnings Call

January 20, 2024 | ca.finance.yahoo.com

HMST May 2024 11.000 call

January 18, 2024 | seekingalpha.com

Strategic Merger Between HomeStreet And FirstSun: Everything You Need To Know

January 17, 2024 | msn.com

HomeStreet (HMST) Soars 38.1%: Is Further Upside Left in the Stock?

January 16, 2024 | finance.yahoo.com

HomeStreet to sell itself after tough year

January 16, 2024 | markets.businessinsider.com

FirstSun Capital Bancorp, HomeStreet To Merge; Announces Equity Capital Raise

January 16, 2024 | tmcnet.com

HMST Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of HomeStreet, Inc. Is Fair to Shareholders

January 16, 2024 | finance.yahoo.com

FirstSun Capital Bancorp and HomeStreet, Inc. Announce Transformational Strategic Merger and $175 Million Equity Raise

January 8, 2024 | finance.yahoo.com

HomeStreet Schedules Fourth Quarter 2023 Analyst Earnings Call for Tuesday, January 30, 2024

See More Headlines

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Company Calendar

Last Earnings: 1/29/2024
Today: 4/18/2024
Next Earnings (Estimated): 4/22/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Finance
Industry: State commercial banks
Sub-Industry: Thrifts & Mortgage Finance
Current Symbol: NASDAQ:HMST
CUSIP: 43785V10
CIK: 1518715
Web: www.homestreet.com
Phone: (206) 623-3050
Fax: 800-654-1075
Employees: 821
Year Founded: 1921

Price Target and Rating

Average Stock Price Target: $12.17
High Stock Price Target: $16.00
Low Stock Price Target: $5.00
Potential Upside/Downside: -0.4%
Consensus Rating: Hold
Rating Score (0-4): 2.00
Research Coverage: 3 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($1.46)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 64.32
P/E Growth: N/A
Net Income: $-27,510,000.00
Net Margins: -6.23%
Pretax Margin: -7.42%
Return on Equity: 1.55%
Return on Assets: 0.09%

Debt

Debt-to-Equity Ratio: 3.66
Current Ratio: 1.11
Quick Ratio: 1.10

Sales & Book Value

Annual Sales: $441.66 million
Price / Sales: 0.52
Cash Flow: $3.19 per share
Price / Cash Flow: 3.83
Book Value: $28.62 per share
Price / Book: 0.43

Miscellaneous

Outstanding Shares: 18,860,000
Free Float: 17,991,000
Market Cap: $230.47 million
Optionable: Optionable
Beta: 1.32

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Key Executives

Mr. Mark K. Mason (Age 64)
Executive Chairman, President & CEO
Comp: $1.02M
Mr. John Matthias Michel CPA (Age 64)
Executive VP & CFO
Comp: $626.59k
Mr. Darrell S. van Amen (Age 58)
Chief Investment Officer, Executive VP & Treasurer
Comp: $483.21k
Mr. Godfrey B. Evans (Age 70)
Chief Administrative Officer, Executive VP, General Counsel & Corporate Secretary
Comp: $437.08k
Mr. William D. Endresen (Age 69)
Commercial Capital President & Executive VP of Commercial Real Estate of Homestreet Bank
Comp: $1.58M
Mr. Troy D. Harper (Age 55)
Executive VP, Chief Information & Operations Officer
Mr. Jay C. Iseman (Age 64)
Executive VP & Chief Credit Officer
Comp: $354.33k
Mr. Richard W. H. Bennion (Age 74)
Executive Vice President
Comp: $582.29k
Mr. Paul A. Renstrom
Senior VP of Homestreet Bank & Enterprise Risk Management Director
Mr. Erik D. Hand (Age 57)
Executive VP & Residential Lending Director of HomeStreet Bank
Comp: $878.74k

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

HMST Stock Analysis - Frequently Asked Questions

Should I buy or sell HomeStreet stock right now?: 3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for HomeStreet in the last twelve months. There are currently 3 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" HMST shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in HMST, but not buy additional shares or sell existing shares.
View HMST analyst ratings or view top-rated stocks.
What is HomeStreet's stock price target for 2024?: 3 brokerages have issued 1 year price objectives for HomeStreet's stock. Their HMST share price targets range from $5.00 to $16.00. On average, they predict the company's share price to reach $12.17 in the next year. This suggests that the stock has a possible downside of 1.0%.
View analysts price targets for HMST or view top-rated stocks among Wall Street analysts.
How have HMST shares performed in 2024?: HomeStreet's stock was trading at $10.30 at the start of the year. Since then, HMST stock has increased by 19.3% and is now trading at $12.29.
View the best growth stocks for 2024 here.
When is HomeStreet's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, April 22nd 2024.
View our HMST earnings forecast.
How were HomeStreet's earnings last quarter?: HomeStreet, Inc. (NASDAQ:HMST) issued its earnings results on Monday, January, 29th. The financial services provider reported ($0.12) earnings per share for the quarter, missing analysts' consensus estimates of $0.03 by $0.15. The financial services provider earned $45.95 million during the quarter, compared to analyst estimates of $49.73 million. HomeStreet had a positive trailing twelve-month return on equity of 1.55% and a negative net margin of 6.23%.
How often does HomeStreet pay dividends? What is the dividend yield for HomeStreet?: HomeStreet declared a quarterly dividend on Monday, October 30th. Investors of record on Wednesday, November 8th will be paid a dividend of $0.10 per share on Wednesday, November 22nd. This represents a $0.40 annualized dividend and a yield of 3.25%. The ex-dividend date of this dividend is Tuesday, November 7th.
Read our dividend analysis for HMST.

What is Mark K. Mason's approval rating as HomeStreet's CEO?: 78 employees have rated HomeStreet Chief Executive Officer Mark K. Mason on Glassdoor.com. Mark K. Mason has an approval rating of 38% among the company's employees. This puts Mark K. Mason in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.
What other stocks do shareholders of HomeStreet own?: Based on aggregate information from My MarketBeat watchlists, some companies that other HomeStreet investors own include Intelsat (I), Fossil Group (FOSL), Bank of America (BAC), AMC Entertainment (AMC), Associated British Foods (ABF), Chaarat Gold (CGH), First Data (FDC), VBI Vaccines (VBIV), Apollo Global Management (APO) and China Unicom (Hong Kong) (CHU).
Who are HomeStreet's major shareholders?: HomeStreet's stock is owned by many different institutional and retail investors. Top institutional shareholders include Congress Asset Management Co. MA (1.39%), CCG Wealth Management LLC (1.22%) and Hennessy Advisors Inc. (1.06%). Insiders that own company stock include Amen Darrell Van, David L Parr, Douglas Irvine Smith, Erik D Hand, Jay C Iseman, Joanne R Harrell, John Michel, Mark Robert Patterson, Scott M Boggs and Troy Harper.
View institutional ownership trends.
How do I buy shares of HomeStreet?: Shares of HMST stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:HMST) was last updated on 4/18/2024 by MarketBeat.com Staff

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