Home Bancshares Inc (NASDAQ:HOMB) – Stock analysts at FIG Partners lifted their FY2018 EPS estimates for Home Bancshares in a note issued to investors on Monday. FIG Partners analyst B. Martin now forecasts that the financial services provider will earn $1.75 per share for the year, up from their prior estimate of $1.65. FIG Partners also issued estimates for Home Bancshares’ FY2019 earnings at $1.88 EPS.

Several other research firms have also recently weighed in on HOMB. Piper Jaffray Companies reaffirmed a “neutral” rating and set a $27.00 target price on shares of Home Bancshares in a research note on Thursday, October 5th. Sandler O’Neill cut shares of Home Bancshares from a “buy” rating to a “hold” rating and set a $27.00 target price for the company. in a research note on Friday, October 20th. BidaskClub raised shares of Home Bancshares from a “sell” rating to a “hold” rating in a research note on Thursday, January 11th. Royal Bank of Canada reaffirmed a “hold” rating and set a $28.00 target price on shares of Home Bancshares in a research note on Friday, October 20th. Finally, Keefe, Bruyette & Woods reaffirmed a “buy” rating and set a $30.00 target price on shares of Home Bancshares in a research note on Friday, December 22nd. Six research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of $27.50.

Shares of Home Bancshares (HOMB) traded down $0.28 during mid-day trading on Tuesday, hitting $24.62. 566,000 shares of the stock traded hands, compared to its average volume of 966,525. The company has a market cap of $4,220.00, a P/E ratio of 27.05 and a beta of 1.18. Home Bancshares has a 12-month low of $20.82 and a 12-month high of $29.69. The company has a quick ratio of 1.01, a current ratio of 1.03 and a debt-to-equity ratio of 0.76.

Home Bancshares (NASDAQ:HOMB) last announced its quarterly earnings data on Thursday, January 18th. The financial services provider reported $0.35 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.34 by $0.01. The firm had revenue of $164.30 million for the quarter, compared to the consensus estimate of $165.40 million. Home Bancshares had a net margin of 21.79% and a return on equity of 11.18%. The company’s revenue was up 28.4% on a year-over-year basis. During the same period last year, the firm earned $0.35 EPS.

In other Home Bancshares news, Director Jim Rankin acquired 1,337 shares of the company’s stock in a transaction on Friday, November 10th. The stock was acquired at an average cost of $21.45 per share, with a total value of $28,678.65. The purchase was disclosed in a document filed with the SEC, which can be accessed through this link. Company insiders own 11.27% of the company’s stock.

Several large investors have recently modified their holdings of HOMB. First Bank & Trust purchased a new position in shares of Home Bancshares during the 3rd quarter worth about $117,000. Advisor Group Inc. boosted its stake in shares of Home Bancshares by 11.7% during the 2nd quarter. Advisor Group Inc. now owns 5,288 shares of the financial services provider’s stock worth $132,000 after purchasing an additional 554 shares during the period. Sei Investments Co. boosted its stake in shares of Home Bancshares by 144.7% during the 3rd quarter. Sei Investments Co. now owns 7,039 shares of the financial services provider’s stock worth $177,000 after purchasing an additional 4,163 shares during the period. Cubist Systematic Strategies LLC purchased a new position in shares of Home Bancshares during the 3rd quarter worth about $201,000. Finally, Riverhead Capital Management LLC boosted its stake in shares of Home Bancshares by 70.3% during the 2nd quarter. Riverhead Capital Management LLC now owns 8,854 shares of the financial services provider’s stock worth $220,000 after purchasing an additional 3,654 shares during the period. 63.53% of the stock is owned by institutional investors and hedge funds.

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Home Bancshares Company Profile

Home BancShares, Inc is a bank holding company. The Company is engaged in providing a range of commercial and retail banking, and related financial services to businesses, real estate developers and investors, individuals and municipalities through its community bank subsidiary, Centennial Bank (the Bank).

Earnings History and Estimates for Home Bancshares (NASDAQ:HOMB)

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