Analysts forecast that Home Bancorp, Inc. (NASDAQ:HBCP) will post earnings per share of $0.69 for the current quarter, according to Zacks Investment Research. Two analysts have made estimates for Home Bancorp’s earnings, with estimates ranging from $0.52 to $0.85. Home Bancorp reported earnings of $0.66 per share during the same quarter last year, which would indicate a positive year-over-year growth rate of 4.5%. The firm is expected to report its next earnings report on Tuesday, April 24th.
According to Zacks, analysts expect that Home Bancorp will report full year earnings of $3.11 per share for the current financial year, with EPS estimates ranging from $2.66 to $3.55. For the next financial year, analysts forecast that the business will post earnings of $3.45 per share. Zacks’ earnings per share averages are an average based on a survey of sell-side research analysts that that provide coverage for Home Bancorp.
Home Bancorp (NASDAQ:HBCP) last released its quarterly earnings results on Tuesday, January 30th. The bank reported $0.84 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.63 by $0.21. The company had revenue of $22.71 million for the quarter, compared to analysts’ expectations of $19.33 million. Home Bancorp had a return on equity of 10.82% and a net margin of 21.08%.
A number of research firms have recently weighed in on HBCP. Zacks Investment Research raised Home Bancorp from a “sell” rating to a “hold” rating in a report on Monday, December 4th. BidaskClub raised Home Bancorp from a “sell” rating to a “hold” rating in a report on Saturday, December 9th. Sandler O’Neill reaffirmed a “hold” rating and set a $46.00 price target on shares of Home Bancorp in a report on Wednesday, October 18th. Finally, ValuEngine raised Home Bancorp from a “hold” rating to a “buy” rating in a report on Friday, February 2nd. Five investment analysts have rated the stock with a hold rating and one has given a buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of $47.00.
In related news, Director Chris P. Rader acquired 726 shares of the stock in a transaction that occurred on Friday, February 2nd. The shares were acquired at an average price of $42.05 per share, for a total transaction of $30,528.30. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider John W. Bordelon sold 7,422 shares of the firm’s stock in a transaction that occurred on Thursday, December 7th. The shares were sold at an average price of $43.50, for a total transaction of $322,857.00. The disclosure for this sale can be found here. Insiders have purchased 3,704 shares of company stock worth $156,139 in the last quarter. Company insiders own 15.50% of the company’s stock.
Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Wells Fargo & Company MN increased its stake in shares of Home Bancorp by 3.1% during the second quarter. Wells Fargo & Company MN now owns 4,438 shares of the bank’s stock valued at $189,000 after acquiring an additional 133 shares during the period. Raymond James Financial Services Advisors Inc. increased its stake in shares of Home Bancorp by 0.3% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 49,973 shares of the bank’s stock valued at $2,125,000 after acquiring an additional 158 shares during the period. Dimensional Fund Advisors LP increased its stake in shares of Home Bancorp by 0.3% during the second quarter. Dimensional Fund Advisors LP now owns 96,906 shares of the bank’s stock valued at $4,120,000 after acquiring an additional 324 shares during the period. Teachers Advisors LLC increased its stake in shares of Home Bancorp by 4.8% during the second quarter. Teachers Advisors LLC now owns 10,348 shares of the bank’s stock valued at $440,000 after acquiring an additional 477 shares during the period. Finally, The Manufacturers Life Insurance Company increased its stake in shares of Home Bancorp by 14.6% during the second quarter. The Manufacturers Life Insurance Company now owns 6,812 shares of the bank’s stock valued at $290,000 after acquiring an additional 866 shares during the period. Institutional investors and hedge funds own 33.96% of the company’s stock.
Home Bancorp (NASDAQ HBCP) traded down $0.83 on Friday, hitting $39.80. The stock had a trading volume of 13,200 shares, compared to its average volume of 15,446. The company has a market capitalization of $381.74, a PE ratio of 16.51 and a beta of 0.07. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.98 and a current ratio of 0.99. Home Bancorp has a 52 week low of $32.52 and a 52 week high of $47.20.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 16th. Investors of record on Tuesday, February 6th will be paid a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.51%. The ex-dividend date of this dividend is Monday, February 5th. This is a positive change from Home Bancorp’s previous quarterly dividend of $0.14. Home Bancorp’s dividend payout ratio (DPR) is currently 24.90%.
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Home Bancorp Company Profile
Home Bancorp, Inc is a bank holding company for Home Bank, N.A. (the Bank). The Bank conducts business through banking offices in the Greater Lafayette, Baton Rouge, Greater New Orleans and Northshore (of Lake Pontchartrain) regions of south Louisiana and the Natchez and Vicksburg regions of west Mississippi.
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