HomeStreet (NASDAQ:HMST) Receives News Sentiment Rating of 0.11

Media stories about HomeStreet (NASDAQ:HMST) have trended somewhat positive on Friday, Accern Sentiment Analysis reports. The research group identifies negative and positive media coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. HomeStreet earned a media sentiment score of 0.11 on Accern’s scale. Accern also gave press coverage about the financial services provider an impact score of 45.7884335430165 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.

Several research analysts have recently weighed in on the stock. B. Riley reaffirmed a “neutral” rating on shares of HomeStreet in a report on Wednesday, November 1st. BidaskClub cut shares of HomeStreet from a “buy” rating to a “hold” rating in a report on Thursday, December 14th. Zacks Investment Research cut HomeStreet from a “hold” rating to a “sell” rating in a research note on Wednesday, October 4th. ValuEngine cut HomeStreet from a “buy” rating to a “hold” rating in a research note on Monday, October 2nd. Finally, FBR & Co reissued a “hold” rating on shares of HomeStreet in a research note on Tuesday, October 3rd. Five analysts have rated the stock with a hold rating, one has issued a buy rating and one has issued a strong buy rating to the company. The stock has an average rating of “Hold” and an average target price of $30.06.

HomeStreet (NASDAQ HMST) opened at $31.35 on Friday. The company has a market capitalization of $795.22, a price-to-earnings ratio of 23.22, a P/E/G ratio of 1.33 and a beta of 0.24. The company has a debt-to-equity ratio of 0.19, a current ratio of 0.87 and a quick ratio of 0.73. HomeStreet has a 12 month low of $24.00 and a 12 month high of $31.55.

HomeStreet (NASDAQ:HMST) last released its earnings results on Monday, October 23rd. The financial services provider reported $0.51 EPS for the quarter, beating the Zacks’ consensus estimate of $0.41 by $0.10. HomeStreet had a return on equity of 8.36% and a net margin of 10.27%. The business had revenue of $134.72 million for the quarter, compared to analysts’ expectations of $129.90 million. During the same quarter in the prior year, the firm earned $1.12 earnings per share. equities analysts forecast that HomeStreet will post 1.66 EPS for the current year.

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About HomeStreet

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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