HomeTrust Bancshares (HTBI) to Release Earnings on Wednesday

HomeTrust Bancshares (NASDAQ:HTBI) is anticipated to post 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 released its quarterly earnings data on Thursday, October 24th. The financial services provider reported $0.76 earnings per share for the quarter, missing the consensus estimate 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 analyst estimates 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 Performance

HTBI stock traded up $0.81 during midday trading on Wednesday, reaching $33.56. The company had a trading volume of 19,466 shares, compared to its average volume of 29,585. The firm has a market capitalization of $588.31 million, a PE ratio of 10.62 and a beta of 0.86. The stock has a 50 day moving average price of $35.59 and a 200 day moving average price of $34.32. HomeTrust Bancshares has a fifty-two week low of $23.55 and a fifty-two week high of $38.99. The company has a quick ratio of 1.06, a current ratio of 1.11 and a debt-to-equity ratio of 0.50.

HomeTrust Bancshares Increases Dividend

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

Analyst Ratings Changes

A number of equities research analysts have issued reports on the company. Raymond James cut HomeTrust Bancshares from an “outperform” rating to a “market perform” rating in a research note on Monday, October 28th. Keefe, Bruyette & Woods lifted their price objective on shares of HomeTrust Bancshares from $39.00 to $43.00 and gave the company an “outperform” rating in a research report on Wednesday, December 4th.

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.