HomeTrust Bancshares (NASDAQ:HTBI) Releases Earnings Results, Beats Expectations By $0.08 EPS

HomeTrust Bancshares (NASDAQ:HTBI) released its quarterly earnings results on Thursday. The financial services provider reported $0.83 earnings per share for the quarter, beating analysts’ consensus estimates of $0.75 by $0.08, Zacks reports. HomeTrust Bancshares had a return on equity of 10.41% and a net margin of 18.53%.

HomeTrust Bancshares Price Performance

Shares of HTBI opened at $35.33 on Thursday. The business’s 50-day moving average is $35.36 and its 200-day moving average is $34.48. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.11 and a quick ratio of 1.06. The company has a market capitalization of $619.32 million, a price-to-earnings ratio of 11.18 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.

Wall Street Analyst Weigh In

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

HomeTrust Bancshares Company Profile

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.