Home BancShares (HOMB) Getting Somewhat Positive News Coverage, Accern Reports
Headlines about Home BancShares (NASDAQ:HOMB) have trended somewhat positive this week, according to Accern Sentiment. The research firm scores the sentiment of media coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Home BancShares earned a news impact score of 0.09 on Accern’s scale. Accern also gave media headlines about the financial services provider an impact score of 45.2027544258064 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
These are some of the news stories that may have impacted Accern’s analysis:
- Home Bancshares, Inc. (Conway, AR) (HOMB) generates Dividend Yield of 2.07% – Voice Of Analysts (analystsbuzz.com)
- At $21.22, Is It Time To Buy Home Bancshares Inc (Conway AR) (HOMB)? (finance.yahoo.com)
- Home BancShares, Inc. (NASDAQ:HOMB) Experiences Heavier than Average Trading Volume (highlightpress.com)
- Home Bancshares, Inc. (Conway, AR) (HOMB) has a value of $21.98 per share While Westlake Chemical Corporation … – Stocks Gallery (stocksgallery.com)
- Home BancShares, Inc. (NASDAQ:HOMB) Experiences Heavier than Usual Trading Volume – First News 24 (firstnewspaper24.com)
Shares of Home BancShares (NASDAQ:HOMB) opened at 21.70 on Friday. Home BancShares has a 12-month low of $19.74 and a 12-month high of $29.69. The firm’s 50-day moving average price is $24.00 and its 200 day moving average price is $25.29. The stock has a market capitalization of $3.11 billion, a P/E ratio of 16.23 and a beta of 1.19.
Home BancShares (NASDAQ:HOMB) last announced its earnings results on Thursday, July 20th. The financial services provider reported $0.35 earnings per share for the quarter, beating the consensus estimate of $0.33 by $0.02. Home BancShares had a return on equity of 13.77% and a net margin of 33.97%. The firm had revenue of $131.77 million during the quarter, compared to the consensus estimate of $132.18 million. During the same quarter in the prior year, the company earned $0.31 EPS. Analysts predict that Home BancShares will post $1.39 EPS for the current fiscal year.
The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 6th. Investors of record on Wednesday, August 16th were paid a dividend of $0.11 per share. This is an increase from Home BancShares’s previous quarterly dividend of $0.09. The ex-dividend date was Monday, August 14th. This represents a $0.44 annualized dividend and a yield of 2.03%. Home BancShares’s dividend payout ratio is presently 32.84%.
Several brokerages recently commented on HOMB. ValuEngine upgraded Home BancShares from a “hold” rating to a “buy” rating in a report on Friday, July 7th. Zacks Investment Research upgraded Home BancShares from a “hold” rating to a “buy” rating and set a $28.00 target price on the stock in a report on Tuesday, July 25th. Keefe, Bruyette & Woods reiterated a “buy” rating and set a $30.00 target price on shares of Home BancShares in a report on Friday, July 21st. BidaskClub downgraded Home BancShares from a “sell” rating to a “strong sell” rating in a report on Saturday, June 24th. Finally, Piper Jaffray Companies reiterated a “hold” rating and set a $27.00 target price on shares of Home BancShares in a report on Friday, July 21st. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and three have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of $28.70.
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In other news, Chairman John W. Allison purchased 15,000 shares of the business’s stock in a transaction on Monday, July 24th. The stock was purchased at an average price of $24.68 per share, with a total value of $370,200.00. Following the acquisition, the chairman now directly owns 4,953,896 shares in the company, valued at approximately $122,262,153.28. The purchase was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider Tracy French purchased 3,100 shares of the business’s stock in a transaction on Friday, August 11th. The stock was purchased at an average cost of $23.54 per share, with a total value of $72,974.00. Following the acquisition, the insider now owns 102,268 shares in the company, valued at $2,407,388.72. The disclosure for this purchase can be found here. In the last 90 days, insiders have purchased 33,100 shares of company stock valued at $825,074. 11.27% of the stock is owned by corporate insiders.
About Home BancShares
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).
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