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Wedbush Estimates HomeStreet's Q3 Earnings (NASDAQ:HMST)

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HomeStreet, Inc. (NASDAQ:HMST - Free Report) - Equities researchers at Wedbush reduced their Q3 2025 EPS estimates for HomeStreet in a research report issued on Wednesday, October 30th. Wedbush analyst D. Chiaverini now expects that the financial services provider will post earnings of $0.08 per share for the quarter, down from their prior forecast of $0.16. The consensus estimate for HomeStreet's current full-year earnings is ($0.87) per share. Wedbush also issued estimates for HomeStreet's Q4 2025 earnings at $0.15 EPS.

HMST has been the subject of several other research reports. StockNews.com assumed coverage on shares of HomeStreet in a research note on Sunday, September 22nd. They issued a "sell" rating for the company. Keefe, Bruyette & Woods upped their target price on shares of HomeStreet from $13.50 to $14.50 and gave the company a "market perform" rating in a research note on Tuesday, July 30th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and one has assigned a buy rating to the company's stock. According to MarketBeat, HomeStreet has a consensus rating of "Hold" and an average price target of $12.25.

Get Our Latest Report on HMST

HomeStreet Trading Down 0.1 %

NASDAQ:HMST traded down $0.01 during trading hours on Thursday, hitting $9.06. The stock had a trading volume of 231,848 shares, compared to its average volume of 195,394. HomeStreet has a one year low of $4.38 and a one year high of $16.10. The company has a debt-to-equity ratio of 4.06, a quick ratio of 1.14 and a current ratio of 1.14. The company has a market cap of $170.76 million, a price-to-earnings ratio of -4.34 and a beta of 1.37. The business's 50 day moving average is $14.97 and its 200-day moving average is $12.83.

HomeStreet (NASDAQ:HMST - Get Free Report) last posted its quarterly earnings results on Tuesday, October 29th. The financial services provider reported ($0.32) earnings per share for the quarter, missing analysts' consensus estimates of ($0.20) by ($0.12). HomeStreet had a negative return on equity of 1.87% and a negative net margin of 3.30%. The business had revenue of $39.68 million for the quarter, compared to the consensus estimate of $42.93 million.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in HMST. Squarepoint Ops LLC acquired a new position in HomeStreet during the second quarter worth $122,000. EMC Capital Management boosted its holdings in HomeStreet by 16.2% during the first quarter. EMC Capital Management now owns 8,613 shares of the financial services provider's stock worth $130,000 after purchasing an additional 1,201 shares during the last quarter. Vanguard Personalized Indexing Management LLC boosted its holdings in HomeStreet by 23.2% during the second quarter. Vanguard Personalized Indexing Management LLC now owns 14,350 shares of the financial services provider's stock worth $164,000 after purchasing an additional 2,703 shares during the last quarter. Price T Rowe Associates Inc. MD boosted its holdings in HomeStreet by 10.3% during the first quarter. Price T Rowe Associates Inc. MD now owns 14,446 shares of the financial services provider's stock worth $218,000 after purchasing an additional 1,354 shares during the last quarter. Finally, Point72 Asia Singapore Pte. Ltd. acquired a new position in HomeStreet during the second quarter worth $410,000. Institutional investors and hedge funds own 74.71% of the company's stock.

Insider Activity

In other news, Director Paulette Lemon sold 2,401 shares of the company's stock in a transaction that occurred on Friday, August 30th. The shares were sold at an average price of $15.59, for a total value of $37,431.59. Following the completion of the transaction, the director now owns 16,923 shares in the company, valued at $263,829.57. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 4.60% of the company's stock.

About HomeStreet

(Get Free Report)

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.

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Earnings History and Estimates for HomeStreet (NASDAQ:HMST)

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