News articles about HomeStreet (NASDAQ:HMST) have been trending somewhat positive this week, Accern reports. The research firm identifies negative and positive news coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. HomeStreet earned a coverage optimism score of 0.08 on Accern’s scale. Accern also assigned media stories about the financial services provider an impact score of 45.8694310098512 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.

Shares of HMST stock traded down $0.55 during trading hours on Friday, reaching $29.55. The company’s stock had a trading volume of 58,268 shares, compared to its average volume of 90,932. The company has a market cap of $809.30 million, a PE ratio of 17.59, a P/E/G ratio of 1.95 and a beta of 0.39. HomeStreet has a fifty-two week low of $24.20 and a fifty-two week high of $32.60. The company has a debt-to-equity ratio of 1.65, a quick ratio of 0.96 and a current ratio of 1.06.

HomeStreet (NASDAQ:HMST) last issued its earnings results on Monday, July 23rd. The financial services provider reported $0.46 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.35 by $0.11. The firm had revenue of $120.39 million for the quarter, compared to the consensus estimate of $119.61 million. HomeStreet had a return on equity of 6.66% and a net margin of 11.40%. During the same quarter last year, the business posted $0.42 EPS. equities analysts predict that HomeStreet will post 1.53 EPS for the current fiscal year.

HMST has been the topic of a number of analyst reports. BidaskClub raised HomeStreet from a “sell” rating to a “hold” rating in a research report on Friday, May 4th. ValuEngine downgraded HomeStreet from a “buy” rating to a “hold” rating in a research report on Saturday, June 2nd. B. Riley raised HomeStreet from a “neutral” rating to a “buy” rating and increased their price target for the stock from $30.00 to $35.00 in a research report on Monday, June 11th. Finally, Zacks Investment Research raised HomeStreet from a “sell” rating to a “hold” rating in a research report on Wednesday, July 4th. Five equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. HomeStreet currently has an average rating of “Hold” and a consensus target price of $31.33.

In other HomeStreet news, EVP Edward Schultz sold 11,644 shares of the firm’s stock in a transaction on Friday, July 27th. The stock was sold at an average price of $29.48, for a total value of $343,265.12. The sale was disclosed in a filing with the SEC, which is available at this link. Company insiders own 1.64% of the company’s stock.

HomeStreet Company Profile

HomeStreet, Inc, together with its subsidiaries, provides various financial services primarily in the Pacific Northwest, California, and Hawaii. The company operates in two segments, Commercial and Consumer Banking, and Mortgage Banking. The Commercial and Consumer Banking segment offers deposit products; non-deposit investment products; and insurance products and cash management services.

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Insider Buying and Selling by Quarter for HomeStreet (NASDAQ:HMST)

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