HomeTrust Bancshares (HTBI) Projected to Post Quarterly Earnings on Wednesday

HomeTrust Bancshares (NASDAQ:HTBI) is projected to release its earnings data 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 posted its quarterly earnings results on Thursday, October 24th. The financial services provider reported $0.76 earnings per share 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 firm had revenue of $74.93 million during the quarter, compared to the consensus estimate 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 Trading Up 2.2 %

Shares of HTBI opened at $34.23 on Monday. The firm has a market cap of $600.05 million, a P/E ratio of 10.83 and a beta of 0.86. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.11 and a quick ratio of 1.06. HomeTrust Bancshares has a 1 year low of $23.55 and a 1 year high of $38.99. The company has a 50 day simple moving average of $35.49 and a two-hundred day simple moving average of $34.41.

HomeTrust Bancshares Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, November 27th. Shareholders of record on Thursday, November 14th were paid a $0.12 dividend. The ex-dividend date was Thursday, November 14th. This represents a $0.48 annualized dividend and a yield of 1.40%. This is a boost from HomeTrust Bancshares’s previous quarterly dividend of $0.11. HomeTrust Bancshares’s payout ratio is presently 15.19%.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on HTBI. Keefe, Bruyette & Woods lifted their target price on HomeTrust Bancshares from $39.00 to $43.00 and gave the stock an “outperform” rating in a report on Wednesday, December 4th. Raymond James lowered HomeTrust Bancshares from an “outperform” rating to a “market perform” rating in a research note 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.