HomeTrust Bancshares (HTBI) to Release Earnings on Wednesday

HomeTrust Bancshares (NASDAQ:HTBI) will likely be posting its quarterly earnings results before the market opens on Wednesday, January 22nd. Analysts expect HomeTrust Bancshares to post earnings of $0.75 per share and revenue of $49,872.33 billion for the quarter.

HomeTrust Bancshares (NASDAQ:HTBI) last announced its earnings results on Thursday, October 24th. The financial services provider reported $0.76 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.80 by ($0.04). HomeTrust Bancshares had a return on equity of 10.41% and a net margin of 18.53%. The business had revenue of $74.93 million for the quarter, compared to analysts’ expectations of $50.13 million. On average, analysts expect HomeTrust Bancshares to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

HomeTrust Bancshares Stock Up 2.5 %

Shares of NASDAQ:HTBI traded up $0.81 during trading on Wednesday, hitting $33.56. The company’s stock had a trading volume of 19,466 shares, compared to its average volume of 29,585. The company has a market capitalization of $588.31 million, a PE ratio of 10.62 and a beta of 0.86. HomeTrust Bancshares has a fifty-two week low of $23.55 and a fifty-two week high of $38.99. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.06 and a current ratio of 1.11. The stock’s 50-day moving average price is $35.59 and its two-hundred day moving average price is $34.32.

HomeTrust Bancshares Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, November 27th. Shareholders of record on Thursday, November 14th were given a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.43%. This is a positive change from HomeTrust Bancshares’s previous quarterly dividend of $0.11. The ex-dividend date of this dividend was Thursday, November 14th. HomeTrust Bancshares’s dividend payout ratio is presently 15.19%.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on HTBI shares. Keefe, Bruyette & Woods raised their price target on shares of HomeTrust Bancshares from $39.00 to $43.00 and gave the stock an “outperform” rating in a research report on Wednesday, December 4th. Raymond James lowered shares of HomeTrust Bancshares from an “outperform” rating to a “market perform” rating in a report on Monday, October 28th.

About HomeTrust Bancshares

HomeTrust Bancshares, Inc operates as the bank holding company for HomeTrust Bank that provides a range of retail and commercial banking products and services. The company’s deposit products include savings, money market, noninterest-bearing, and interest-bearing checking accounts, as well as certificates of deposit for individuals, business, and nonprofit organizations.