HomeStreet, Inc. Expected to Earn FY2026 Earnings of $1.12 Per Share (NASDAQ:HMST)

HomeStreet, Inc. (NASDAQ:HMST) – Stock analysts at Wedbush issued their FY2026 earnings per share estimates for shares of HomeStreet in a research report issued to clients and investors on Tuesday, September 24th. Wedbush analyst D. Chiaverini forecasts that the financial services provider will post earnings per share of $1.12 for the year. The consensus estimate for HomeStreet’s current full-year earnings is ($0.87) per share.

Other research analysts have also issued research reports about the company. Janney Montgomery Scott raised HomeStreet from a “neutral” rating to a “buy” rating and set a $13.50 price objective on the stock in a report on Thursday, June 20th. StockNews.com started coverage on shares of HomeStreet in a report on Sunday. They issued a “sell” rating for the company. Finally, Keefe, Bruyette & Woods boosted their price objective on shares of HomeStreet from $13.50 to $14.50 and gave the stock a “market perform” rating in a report on Tuesday, July 30th. One analyst has rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $12.25.

HomeStreet Stock Performance

NASDAQ HMST opened at $14.51 on Wednesday. The business’s 50 day moving average is $14.70 and its two-hundred day moving average is $12.78. HomeStreet has a 12-month low of $4.20 and a 12-month high of $16.10. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 4.06.

HomeStreet (NASDAQ:HMST) last released its quarterly earnings results on Monday, July 29th. The financial services provider reported ($0.23) EPS for the quarter, beating the consensus estimate of ($0.24) by $0.01. The firm had revenue of $114.35 million during the quarter, compared to the consensus estimate of $43.33 million. HomeStreet had a negative net margin of 3.30% and a negative return on equity of 1.87%.

Insider Buying and Selling at HomeStreet

In other news, Director Paulette Lemon sold 2,401 shares of the firm’s stock in a transaction that occurred on Friday, August 30th. The shares were sold at an average price of $15.59, for a total transaction of $37,431.59. Following the completion of the transaction, the director now directly owns 16,923 shares of the company’s stock, valued at approximately $263,829.57. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Insiders own 4.60% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in HMST. Squarepoint Ops LLC acquired a new position in shares of HomeStreet in the second quarter valued at approximately $122,000. EMC Capital Management lifted its stake in shares of HomeStreet by 16.2% during the 1st quarter. EMC Capital Management now owns 8,613 shares of the financial services provider’s stock worth $130,000 after purchasing an additional 1,201 shares during the period. Quest Partners LLC purchased a new position in shares of HomeStreet during the 4th quarter worth $151,000. Vanguard Personalized Indexing Management LLC boosted its holdings in shares of HomeStreet by 23.2% during the second quarter. Vanguard Personalized Indexing Management LLC now owns 14,350 shares of the financial services provider’s stock worth $164,000 after purchasing an additional 2,703 shares during the last quarter. Finally, Neuberger Berman Group LLC purchased a new stake in shares of HomeStreet in the fourth quarter valued at $170,000. Institutional investors and hedge funds own 74.71% of the company’s stock.

About HomeStreet

HomeStreet, Inc operates as the bank holding company for HomeStreet Bank that provides commercial, mortgage, and consumer/retail banking services in the Western United States. The company offers personal and business checking, savings, interest-bearing negotiable order of withdrawal, and money market accounts, as well as certificates of deposit; credit cards; insurance; and treasury management services.