Home Bancorp (HBCP) Scheduled to Post Quarterly Earnings on Tuesday

Home Bancorp (NASDAQ:HBCP) will issue its quarterly earnings data after the market closes on Tuesday, April 16th. Analysts expect the company to announce earnings of $1.00 per share for the quarter. Parties that wish to listen to the company’s conference call can do so using this link.

Home Bancorp (NASDAQ:HBCP) last released its quarterly earnings results on Monday, January 22nd. The bank reported $1.17 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.03 by $0.14. Home Bancorp had a net margin of 22.57% and a return on equity of 11.46%. The company had revenue of $32.76 million during the quarter, compared to the consensus estimate of $33.10 million. On average, analysts expect Home Bancorp to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Home Bancorp Price Performance

HBCP stock opened at $34.70 on Monday. Home Bancorp has a 1 year low of $27.75 and a 1 year high of $44.00. The company has a market cap of $282.77 million, a P/E ratio of 6.95 and a beta of 0.68. The firm has a 50-day moving average of $36.34 and a 200 day moving average of $37.21. The company has a debt-to-equity ratio of 0.26, a current ratio of 0.95 and a quick ratio of 0.95.

Home Bancorp Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, February 16th. Investors of record on Monday, February 5th were paid a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 2.88%. The ex-dividend date of this dividend was Friday, February 2nd. Home Bancorp’s payout ratio is currently 20.04%.

Institutional Investors Weigh In On Home Bancorp

A number of institutional investors have recently made changes to their positions in HBCP. Tower Research Capital LLC TRC grew its holdings in shares of Home Bancorp by 154.6% during the third quarter. Tower Research Capital LLC TRC now owns 1,100 shares of the bank’s stock valued at $35,000 after buying an additional 668 shares during the last quarter. UBS Group AG boosted its holdings in Home Bancorp by 224.1% in the third quarter. UBS Group AG now owns 1,144 shares of the bank’s stock worth $45,000 after purchasing an additional 791 shares during the last quarter. Citigroup Inc. boosted its holdings in Home Bancorp by 108,050.0% in the second quarter. Citigroup Inc. now owns 2,163 shares of the bank’s stock worth $72,000 after purchasing an additional 2,161 shares during the last quarter. Barclays PLC boosted its holdings in Home Bancorp by 468.7% in the fourth quarter. Barclays PLC now owns 1,962 shares of the bank’s stock worth $79,000 after purchasing an additional 1,617 shares during the last quarter. Finally, BNP Paribas Arbitrage SNC boosted its holdings in Home Bancorp by 99.4% in the third quarter. BNP Paribas Arbitrage SNC now owns 3,699 shares of the bank’s stock worth $144,000 after purchasing an additional 1,844 shares during the last quarter. Hedge funds and other institutional investors own 49.41% of the company’s stock.

Analyst Ratings Changes

Separately, Piper Sandler cut shares of Home Bancorp from an “overweight” rating to a “neutral” rating and upped their price objective for the stock from $40.00 to $43.00 in a report on Wednesday, January 24th.

Home Bancorp Company Profile

Home Bancorp, Inc operates as the bank holding company for Home Bank, National Association that provides various banking products and services in Louisiana, Mississippi, and Texas. It offers deposit products, including interest-bearing and noninterest-bearing checking, money market, savings, NOW, and certificates of deposit accounts.