Press coverage about HomeStreet (NASDAQ:HMST) has trended somewhat positive on Friday, according to Accern Sentiment Analysis. The research firm identifies positive and negative news coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. HomeStreet earned a media sentiment score of 0.05 on Accern’s scale. Accern also assigned news headlines about the financial services provider an impact score of 47.3820932476886 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Here are some of the news articles that may have impacted Accern Sentiment’s analysis:
Shares of HomeStreet (HMST) traded up 1.04% during midday trading on Friday, hitting $29.15. The stock had a trading volume of 44,745 shares. The firm has a market cap of $783.67 million, a price-to-earnings ratio of 15.15 and a beta of 0.06. The stock’s 50 day moving average price is $27.01 and its 200 day moving average price is $26.84. HomeStreet has a 12 month low of $24.00 and a 12 month high of $33.70.
HomeStreet (NASDAQ:HMST) last released its quarterly earnings data on Monday, October 23rd. The financial services provider reported $0.51 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.41 by $0.10. HomeStreet had a return on equity of 6.08% and a net margin of 6.68%. The business had revenue of $134.72 million for the quarter, compared to the consensus estimate of $129.90 million. During the same quarter in the previous year, the company posted $1.12 EPS. On average, equities analysts forecast that HomeStreet will post $1.62 EPS for the current fiscal year.
HMST has been the topic of a number of analyst reports. FBR & Co reaffirmed a “hold” rating and set a $30.00 price objective on shares of HomeStreet in a report on Wednesday. Zacks Investment Research downgraded shares of HomeStreet from a “hold” rating to a “strong sell” rating in a report on Wednesday, July 12th. ValuEngine cut HomeStreet from a “buy” rating to a “hold” rating in a research note on Monday, October 2nd. BidaskClub cut HomeStreet from a “hold” rating to a “sell” rating in a research note on Monday, July 24th. Finally, Keefe, Bruyette & Woods restated a “buy” rating and issued a $31.00 price objective on shares of HomeStreet in a research note on Friday, July 14th. Two analysts have rated the stock with a sell rating, four have issued a hold rating and one has issued a buy rating to the company. The stock has a consensus rating of “Hold” and an average price target of $29.08.
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HomeStreet, Inc is a financial services company serving customers primarily in the western United States, including Hawaii. The Company is principally engaged in real estate lending, including mortgage banking activities, and commercial and consumer banking. The Company’s operating segments include Commercial and Consumer Banking, and Mortgage Banking.
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