HomeTrust Bancshares (NASDAQ:HTBI) Posts Earnings Results, Beats Estimates By $0.08 EPS

HomeTrust Bancshares (NASDAQ:HTBI - Get Free Report) posted its quarterly earnings data on Thursday. The financial services provider reported $0.83 earnings per share for the quarter, topping the consensus estimate of $0.75 by $0.08, Zacks reports. HomeTrust Bancshares had a net margin of 18.53% and a return on equity of 10.41%.

HomeTrust Bancshares Price Performance

Shares of HTBI traded up $1.41 during mid-day trading on Thursday, hitting $35.92. 50,300 shares of the company traded hands, compared to its average volume of 34,736. HomeTrust Bancshares has a one year low of $23.55 and a one year high of $38.99. The company has a current ratio of 1.11, a quick ratio of 1.06 and a debt-to-equity ratio of 0.50. The business has a 50-day moving average of $35.31 and a 200 day moving average of $34.48. The stock has a market capitalization of $629.68 million, a price-to-earnings ratio of 11.37 and a beta of 0.86.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on HTBI. Keefe, Bruyette & Woods raised their price objective on shares of HomeTrust Bancshares from $39.00 to $43.00 and gave the stock an "outperform" rating in a report on Wednesday, December 4th. Raymond James cut shares of HomeTrust Bancshares from an "outperform" rating to a "market perform" rating in a research note on Monday, October 28th.

About HomeTrust Bancshares

HomeTrust Bancshares, Inc operates as the bank holding company for HomeTrust Bank that provides a range of retail and commercial banking products and services. The company's deposit products include savings, money market, noninterest-bearing, and interest-bearing checking accounts, as well as certificates of deposit for individuals, business, and nonprofit organizations.