Home Bancshares, Inc. (Conway, AR) (HOMB) Stock Price, News & Analysis

Company Overview

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. The company's loan portfolio comprises non-farm/non-residential real estate, construction/land development, residential mortgage, consumer, agricultural, and commercial and industrial loans. It provides internet banking, mobile banking and voice response information, cash management, overdraft protection, direct deposit, and automatic account transfer services, as well as safe deposit boxes and the United States savings bonds. In addition, the company writes policies for commercial and personal lines of business, including insurance for property, casualty, life, health, and employee benefits. It operates through branches in Arkansas, Florida, Alabama, Texas, and New York City. Home Bancshares, Inc. (Conway, AR) was founded in 1998 and is headquartered in Conway, Arkansas.

Key Stats

• Today's Range: $30.82 to $31.75
• 50-Day Range: $26.00 to $31.68
• 52-Week Range: $21.70 to $31.75
• Volume: 876,105 shs
• Average Volume: 1.08 million shs
• Market Capitalization: $6.29 billion
• P/E Ratio: 16.32
• Dividend Yield: 2.46%
• Price Target: $28.25
• Consensus Rating: Moderate Buy

Home Bancshares, Inc. (Conway, AR) Stock Analysis - MarketRank™

Home Bancshares, Inc. (Conway, AR) scored higher than 64% of companies evaluated by MarketBeat, and ranked 504th out of 922 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Home Bancshares, Inc. (Conway, AR) has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 2 buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Home Bancshares, Inc. (Conway, AR) has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 4.90%

Earnings Growth

Earnings for Home Bancshares, Inc. (Conway, AR) are expected to grow by 4.90% in the coming year, from $2.04 to $2.14 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Home Bancshares, Inc. (Conway, AR) is 16.32, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 117.95.

Price to Earnings Ratio vs. Sector

The P/E ratio of Home Bancshares, Inc. (Conway, AR) is 16.32, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 39.44.

Price to Book Value per Share Ratio

Home Bancshares, Inc. (Conway, AR) has a P/B Ratio of 1.59. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.04% of the outstanding shares of Home Bancshares, Inc. (Conway, AR) have been sold short.

Short Interest Ratio / Days to Cover

Home Bancshares, Inc. (Conway, AR) has a short interest ratio ("days to cover") of 4.6.

Change versus previous month

Short interest in Home Bancshares, Inc. (Conway, AR) has recently decreased by 1.93%, indicating that investor sentiment is improving.

Dividend

• Score: 4.2 / 5
• Dividend Strength: Strong

Dividend Yield

Home Bancshares, Inc. (Conway, AR) pays a meaningful dividend of 2.54%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Home Bancshares, Inc. (Conway, AR) has been increasing its dividend for 14 years.

Dividend Coverage

The dividend payout ratio of Home Bancshares, Inc. (Conway, AR) is 40.21%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Home Bancshares, Inc. (Conway, AR) will have a dividend payout ratio of 36.45% next year. This indicates that Home Bancshares, Inc. (Conway, AR) will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

2.04% of the outstanding shares of Home Bancshares, Inc. (Conway, AR) have been sold short.

Short Interest Ratio / Days to Cover

Home Bancshares, Inc. (Conway, AR) has a short interest ratio ("days to cover") of 4.6.

Change versus previous month

Short interest in Home Bancshares, Inc. (Conway, AR) has recently decreased by 1.93%, indicating that investor sentiment is improving.

News and Social Media

• Score: 3.1 / 5
• News Sentiment: 0.63

News Sentiment

Home Bancshares, Inc. (Conway, AR) has a news sentiment score of 0.63. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.82 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 7 news articles for Home Bancshares, Inc. (Conway, AR) this week, compared to 3 articles on an average week.

Search Interest

3 people have searched for HOMB on MarketBeat in the last 30 days. This is an increase of 200% compared to the previous 30 days.

MarketBeat Follows

1 people have added Home Bancshares, Inc. (Conway, AR) to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Home Bancshares, Inc. (Conway, AR) insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $2,782,548.00 in company stock.

Percentage Held by Insiders

Only 7.66% of the stock of Home Bancshares, Inc. (Conway, AR) is held by insiders.

Percentage Held by Institutions

67.31% of the stock of Home Bancshares, Inc. (Conway, AR) is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

HOMB Stock Analysis - Frequently Asked Questions

How have HOMB shares performed this year?

Home Bancshares, Inc. (Conway, AR)'s stock was trading at $25.33 at the start of the year. Since then, HOMB shares have increased by 25.0% and is now trading at $31.66.
View the best growth stocks for 2024 here.

How were Home Bancshares, Inc. (Conway, AR)'s earnings last quarter?

Home Bancshares, Inc. (Conway, AR) (NYSE:HOMB) announced its quarterly earnings data on Wednesday, October, 16th. The financial services provider reported $0.50 earnings per share for the quarter, missing the consensus estimate of $0.53 by $0.03. Home Bancshares, Inc. (Conway, AR)'s quarterly revenue was up 5.2% on a year-over-year basis.

When did Home Bancshares, Inc. (Conway, AR)'s stock split?

Home Bancshares, Inc. (Conway, AR)'s stock split on Thursday, June 9th 2016. The 2-1 split was announced on Thursday, April 21st 2016. The newly minted shares were distributed to shareholders after the market closes on Wednesday, June 8th 2016. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.

Who are Home Bancshares, Inc. (Conway, AR)'s major shareholders?

Top institutional investors of Home Bancshares, Inc. (Conway, AR) include State Street Corp (4.35%), Geode Capital Management LLC (2.25%), Wellington Management Group LLP (1.86%) and Copeland Capital Management LLC (1.62%). Insiders that own company stock include John W Allison, Robert H Adcock Jr, Donna Townsell, Jim Rankin, Jack Engelkes, James Pat Hickman, Tracy French, Kevin Hester, Brian Davis, Larry W Ross, Alex R Lieblong, Richard H Ashley, John Stephen Tipton, Russell Davis Carter III and Jennifer C Floyd.
View institutional ownership trends.

How do I buy shares of Home Bancshares, Inc. (Conway, AR)?

Shares of HOMB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Home Bancshares, Inc. (Conway, AR) own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Home Bancshares, Inc. (Conway, AR) investors own include NVIDIA (NVDA), Broadcom (AVGO), Meta Platforms (META), Advanced Micro Devices (AMD), Adobe (ADBE), ServiceNow (NOW) and Arista Networks (ANET).

Company Calendar

• Ex-Dividend for 9/4 Dividend: 8/14/2024
• Dividend Payable: 9/04/2024
• Last Earnings: 10/16/2024
• Ex-Dividend for 12/4 Dividend: 11/13/2024
• Today: 11/23/2024
• Dividend Payable: 12/04/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 1/16/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: State commercial banks
• Sub-Industry: Regional Banks
• Current Symbol: NYSE:HOMB
• CUSIP: 43689320
• CIK: 1331520
• Web: www.homebancshares.com
• Phone: (501) 339-2929
• Fax: 501-328-4679
• Employees: 2,819
• Year Founded: 1998

Price Target and Rating

• Average Stock Price Target: $28.25
• High Stock Price Target: $31.00
• Low Stock Price Target: $23.00
• Potential Upside/Downside: -10.8%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 4 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $1.94
• Trailing P/E Ratio: 16.33
• Forward P/E Ratio: 15.53
• P/E Growth: N/A
• Net Income: $392.93 million
• Net Margins: 26.69%
• Pretax Margin: 34.79%
• Return on Equity: 10.33%
• Return on Assets: 1.75%

Debt

• Debt-to-Equity Ratio: 0.44
• Current Ratio: 0.91
• Quick Ratio: 0.91

Sales & Book Value

• Annual Sales: $1.34 billion
• Price / Sales: 4.68
• Cash Flow: $2.30 per share
• Price / Cash Flow: 13.78
• Book Value: $19.92 per share
• Price / Book: 1.59

Miscellaneous

• Outstanding Shares: 198,800,000
• Free Float: 183,570,000
• Market Cap: $6.30 billion
• Optionable: Optionable
• Beta: 1.05