HomeTrust Bancshares (NASDAQ:HTBI - Get Free Report) issued its quarterly earnings data on Thursday. The financial services provider reported $0.76 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.80 by ($0.04), Zacks reports. HomeTrust Bancshares had a net margin of 19.42% and a return on equity of 11.04%. The company had revenue of $74.93 million during the quarter, compared to analysts' expectations of $50.13 million.
HomeTrust Bancshares Stock Down 1.5 %
Shares of HTBI stock traded down $0.49 on Friday, reaching $33.05. 58,120 shares of the company were exchanged, compared to its average volume of 38,905. HomeTrust Bancshares has a one year low of $19.94 and a one year high of $36.79. The company has a market cap of $576.56 million, a price-to-earnings ratio of 9.55 and a beta of 0.81. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.14 and a quick ratio of 1.08. The company has a 50-day moving average of $34.36 and a 200-day moving average of $30.91.
HomeTrust Bancshares Increases Dividend
The business also recently declared a quarterly dividend, which will be paid on Wednesday, November 27th. Stockholders of record on Thursday, November 14th will be issued a dividend of $0.12 per share. The ex-dividend date is Thursday, November 14th. This is an increase from HomeTrust Bancshares's previous quarterly dividend of $0.11. This represents a $0.48 annualized dividend and a dividend yield of 1.45%. HomeTrust Bancshares's dividend payout ratio is 12.75%.
Analyst Ratings Changes
A number of research analysts recently weighed in on HTBI shares. StockNews.com raised HomeTrust Bancshares from a "hold" rating to a "buy" rating in a report on Thursday, July 25th. Hovde Group assumed coverage on HomeTrust Bancshares in a report on Wednesday, July 31st. They issued an "outperform" rating and a $42.00 price target on the stock. Finally, Keefe, Bruyette & Woods lifted their target price on HomeTrust Bancshares from $32.00 to $38.00 and gave the stock an "outperform" rating in a report on Monday, July 29th. Five research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company presently has an average rating of "Buy" and an average price target of $34.50.
View Our Latest Stock Report on HTBI
HomeTrust Bancshares Company Profile
(
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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.
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