Home Bancshares, Inc. (Conway, AR) (HOMB) to Release Quarterly Earnings on Wednesday

Home Bancshares, Inc. (Conway, AR) (NYSE:HOMB - Get Free Report) will likely be issuing its earnings results after the market closes on Wednesday, April 16th. Analysts expect the company to announce earnings of $0.54 per share and revenue of $255.20 million for the quarter. Parties interested in registering for the company's conference call can do so using this link.

Home Bancshares, Inc. (Conway, AR) (NYSE:HOMB - Get Free Report) last released its quarterly earnings data on Wednesday, January 15th. The financial services provider reported $0.50 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.52 by ($0.02). The business had revenue of $258.40 million during the quarter, compared to analyst estimates of $256.67 million. Home Bancshares, Inc. (Conway, AR) had a return on equity of 10.31% and a net margin of 27.39%. Home Bancshares, Inc. (Conway, AR)'s revenue was up 5.2% on a year-over-year basis. During the same period in the previous year, the company earned $0.43 EPS. On average, analysts expect Home Bancshares, Inc. (Conway, AR) to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Home Bancshares, Inc. (Conway, AR) Stock Up 0.0 %

Shares of NYSE:HOMB traded up $0.01 during midday trading on Friday, hitting $25.21. 1,647,269 shares of the company's stock traded hands, compared to its average volume of 1,020,627. The firm's fifty day moving average price is $28.53 and its two-hundred day moving average price is $28.82. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.91 and a current ratio of 0.89. Home Bancshares, Inc. has a twelve month low of $22.38 and a twelve month high of $32.91. The company has a market cap of $5.01 billion, a PE ratio of 12.48 and a beta of 0.93.

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Home Bancshares, Inc. (Conway, AR) Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 5th. Shareholders of record on Wednesday, February 12th were paid a dividend of $0.195 per share. This represents a $0.78 dividend on an annualized basis and a dividend yield of 3.09%. The ex-dividend date was Wednesday, February 12th. Home Bancshares, Inc. (Conway, AR)'s dividend payout ratio is presently 38.61%.

Analysts Set New Price Targets

HOMB has been the topic of several recent research reports. Stephens reissued an "overweight" rating and set a $34.00 price target on shares of Home Bancshares, Inc. (Conway, AR) in a research report on Thursday, January 16th. StockNews.com downgraded shares of Home Bancshares, Inc. (Conway, AR) from a "hold" rating to a "sell" rating in a research note on Thursday. Finally, Hovde Group dropped their price target on shares of Home Bancshares, Inc. (Conway, AR) from $36.00 to $35.00 and set an "outperform" rating on the stock in a research note on Friday, January 17th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and three have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, Home Bancshares, Inc. (Conway, AR) has a consensus rating of "Hold" and an average price target of $32.00.

Insider Buying and Selling at Home Bancshares, Inc. (Conway, AR)

In other news, CEO John W. Allison bought 10,000 shares of Home Bancshares, Inc. (Conway, AR) stock in a transaction on Tuesday, January 21st. The shares were bought at an average price of $30.76 per share, with a total value of $307,600.00. Following the acquisition, the chief executive officer now directly owns 5,693,182 shares in the company, valued at approximately $175,122,278.32. This represents a 0.18 % increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 6.30% of the stock is currently owned by insiders.

Home Bancshares, Inc. (Conway, AR) Company Profile

Home Bancshares, Inc (Conway, AR) operates as the bank holding company for Centennial Bank that provides commercial and retail banking, and related financial services to businesses, real estate developers and investors, individuals, and municipalities. Its deposit products include checking, savings, and money market accounts, as well as certificates of deposit.