Home Bancshares, Inc. (Conway, AR) (HOMB) to Release Earnings on Wednesday

Home Bancshares, Inc. (Conway, AR) (NYSE:HOMB) will likely be announcing its earnings results after the market closes on Wednesday, April 16th. Analysts expect the company to announce earnings of $0.54 per share and revenue of $255.20 million for the quarter. Investors that are interested in registering for the company’s conference call can do so using this link.

Home Bancshares, Inc. (Conway, AR) (NYSE:HOMB) last issued its earnings results on Wednesday, January 15th. The financial services provider reported $0.50 earnings per share for the quarter, missing the consensus estimate of $0.52 by ($0.02). Home Bancshares, Inc. (Conway, AR) had a return on equity of 10.31% and a net margin of 27.39%. The firm had revenue of $258.40 million during the quarter, compared to analysts’ expectations of $256.67 million. During the same period last year, the business posted $0.43 earnings per share. The company’s quarterly revenue was up 5.2% compared to the same quarter last year. On average, analysts expect Home Bancshares, Inc. (Conway, AR) to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Home Bancshares, Inc. (Conway, AR) Price Performance

Home Bancshares, Inc. (Conway, AR) stock opened at $25.21 on Monday. The firm has a fifty day moving average of $28.53 and a 200-day moving average of $28.82. The company has a quick ratio of 0.91, a current ratio of 0.89 and a debt-to-equity ratio of 0.26. Home Bancshares, Inc. has a 52-week low of $22.38 and a 52-week high of $32.91. The firm has a market capitalization of $5.01 billion, a P/E ratio of 12.48 and a beta of 0.93.

Home Bancshares, Inc. (Conway, AR) Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, March 5th. Shareholders of record on Wednesday, February 12th were issued a $0.195 dividend. The ex-dividend date was Wednesday, February 12th. This represents a $0.78 dividend on an annualized basis and a yield of 3.09%. Home Bancshares, Inc. (Conway, AR)’s dividend payout ratio is currently 38.61%.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on the company. Stephens reissued an “overweight” rating and issued a $34.00 price objective on shares of Home Bancshares, Inc. (Conway, AR) in a report on Thursday, January 16th. Hovde Group cut their price target on Home Bancshares, Inc. (Conway, AR) from $36.00 to $35.00 and set an “outperform” rating on the stock in a report on Friday, January 17th. Finally, StockNews.com lowered shares of Home Bancshares, Inc. (Conway, AR) from a “hold” rating to a “sell” rating in a research report on Thursday. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $32.00.

Insider Transactions at Home Bancshares, Inc. (Conway, AR)

In related news, CEO John W. Allison acquired 10,000 shares of the business’s stock in a transaction on Tuesday, January 21st. The stock was bought at an average cost of $30.76 per share, with a total value of $307,600.00. Following the completion of the acquisition, the chief executive officer now owns 5,693,182 shares in the company, valued at $175,122,278.32. The trade was a 0.18 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 6.30% of the stock is currently owned by corporate insiders.

Home Bancshares, Inc. (Conway, AR) Company Profile

Home Bancshares, Inc (Conway, AR) operates as the bank holding company for Centennial Bank that provides commercial and retail banking, and related financial services to businesses, real estate developers and investors, individuals, and municipalities. Its deposit products include checking, savings, and money market accounts, as well as certificates of deposit.