HomeTrust Bancshares (NYSE:HTB) Upgraded to “Hold” at Wall Street Zen

HomeTrust Bancshares (NYSE:HTB) was upgraded by Wall Street Zen from a “sell” rating to a “hold” rating in a note issued to investors on Saturday.

Other equities analysts have also recently issued reports about the stock. Hovde Group cut shares of HomeTrust Bancshares from a “strong-buy” rating to a “hold” rating in a research note on Monday, January 12th. Weiss Ratings began coverage on shares of HomeTrust Bancshares in a report on Wednesday, January 14th. They issued a “buy (b)” rating for the company. One analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, HomeTrust Bancshares has a consensus rating of “Moderate Buy”.

HomeTrust Bancshares Stock Down 3.6%

NYSE:HTB opened at $42.20 on Friday. The company has a market capitalization of $736.14 million, a price-to-earnings ratio of 11.34 and a beta of 0.90. HomeTrust Bancshares has a 1 year low of $30.95 and a 1 year high of $47.64. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.07 and a current ratio of 1.12.

HomeTrust Bancshares (NYSE:HTB) last posted its earnings results on Thursday, January 22nd. The company reported $0.93 EPS for the quarter, beating analysts’ consensus estimates of $0.91 by $0.02. HomeTrust Bancshares had a return on equity of 11.09% and a net margin of 22.01%.The firm had revenue of $53.90 million during the quarter.

Insider Buying and Selling

In related news, EVP John Francis Sprink II sold 2,000 shares of the stock in a transaction dated Friday, February 6th. The shares were sold at an average price of $45.00, for a total value of $90,000.00. Following the sale, the executive vice president directly owned 13,465 shares of the company’s stock, valued at $605,925. This represents a 12.93% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 10.57% of the company’s stock.

HomeTrust Bancshares Company Profile

HomeTrust Bancshares, Inc is the bank holding company for HomeTrust Bank, a regional community bank that provides a range of commercial and consumer banking services. Through its subsidiary bank, the company offers traditional deposit and lending products, including checking and savings accounts, certificates of deposit, residential mortgages, home equity lending, and business loans. HomeTrust also delivers treasury management and payment services for small and midsize businesses, along with digital banking tools to support day-to-day account access and payments.

The company’s product set extends beyond core banking to include wealth management and trust services, commercial real estate financing, and specialized lending for agriculture and construction where relevant to local markets.