Equities research analysts expect that Home Bancorp, Inc. (NASDAQ:HBCP) will report $0.69 earnings per share (EPS) for the current fiscal quarter, Zacks reports. Two analysts have issued estimates for Home Bancorp’s earnings, with estimates ranging from $0.52 to $0.85. Home Bancorp reported earnings of $0.66 per share in the same quarter last year, which indicates a positive year over year growth rate of 4.5%. The business 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 year, analysts forecast that the business will report earnings of $3.45 per share. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of sell-side analysts that that provide coverage for Home Bancorp.
Home Bancorp (NASDAQ:HBCP) last released its quarterly earnings data on Tuesday, January 30th. The bank reported $0.84 earnings per share for the quarter, beating analysts’ consensus estimates of $0.63 by $0.21. Home Bancorp had a net margin of 21.08% and a return on equity of 10.82%. The firm had revenue of $22.71 million for the quarter, compared to analyst estimates of $19.33 million.
HBCP has been the topic of a number of recent research reports. Zacks Investment Research raised shares of Home Bancorp from a “sell” rating to a “hold” rating in a research note on Monday, December 4th. BidaskClub raised shares of Home Bancorp from a “sell” rating to a “hold” rating in a research note on Saturday, December 9th. Finally, ValuEngine raised shares of Home Bancorp from a “hold” rating to a “buy” rating in a research note on Friday, February 2nd. Five analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. Home Bancorp presently has an average rating of “Hold” and a consensus target price of $47.00.
In other Home Bancorp news, EVP Darren E. Guidry sold 4,607 shares of the firm’s stock in a transaction on Wednesday, March 14th. The shares were sold at an average price of $43.34, for a total value of $199,667.38. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Chris P. Rader acquired 2,378 shares of the company’s stock in a transaction on Monday, February 5th. The stock was acquired at an average cost of $41.95 per share, for a total transaction of $99,757.10. The disclosure for this purchase can be found here. Insiders acquired 3,505 shares of company stock worth $147,849 over the last ninety days. Insiders own 15.50% of the company’s stock.
Several institutional investors and hedge funds have recently added to or reduced their stakes in HBCP. Wells Fargo & Company MN lifted its position 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 purchasing an additional 133 shares in the last quarter. Northern Trust Corp lifted its position in shares of Home Bancorp by 8.0% during the second quarter. Northern Trust Corp now owns 69,216 shares of the bank’s stock valued at $2,943,000 after purchasing an additional 5,141 shares in the last quarter. Vanguard Group Inc. lifted its position in shares of Home Bancorp by 3.0% during the second quarter. Vanguard Group Inc. now owns 158,459 shares of the bank’s stock valued at $6,737,000 after purchasing an additional 4,623 shares in the last quarter. Dimensional Fund Advisors LP lifted its position 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 purchasing an additional 324 shares in the last quarter. Finally, Goldman Sachs Group Inc. bought a new position in shares of Home Bancorp during the second quarter valued at about $328,000. 34.89% of the stock is currently owned by institutional investors.
Home Bancorp (NASDAQ:HBCP) opened at $43.49 on Friday. Home Bancorp has a 12 month low of $32.52 and a 12 month high of $47.20. The firm has a market cap of $410.21, a price-to-earnings ratio of 18.05 and a beta of 0.11. The company has a quick ratio of 0.98, a current ratio of 0.99 and a debt-to-equity ratio of 0.34.
The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 16th. Shareholders of record on Tuesday, February 6th were paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.38%. This is a positive change from Home Bancorp’s previous quarterly dividend of $0.14. The ex-dividend date was Monday, February 5th. Home Bancorp’s dividend payout ratio (DPR) is 24.90%.
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About Home Bancorp
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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