HomeStreet Inc (NASDAQ:HMST) – Analysts at FIG Partners lifted their FY2018 earnings per share (EPS) estimates for HomeStreet in a research note issued to investors on Friday. FIG Partners analyst T. Coffey now expects that the financial services provider will earn $2.60 per share for the year, up from their prior forecast of $2.47. FIG Partners also issued estimates for HomeStreet’s FY2019 earnings at $3.05 EPS.

A number of other brokerages have also weighed in on HMST. BidaskClub raised HomeStreet from a “hold” rating to a “buy” rating in a research report on Tuesday. Zacks Investment Research raised HomeStreet from a “hold” rating to a “strong-buy” rating and set a $33.00 target price for the company in a research report on Monday, January 1st. B. Riley reaffirmed a “neutral” rating on shares of HomeStreet in a research report on Wednesday, November 1st. FBR & Co reaffirmed a “hold” rating and set a $30.00 target price on shares of HomeStreet in a research report on Wednesday, October 25th. Finally, ValuEngine lowered HomeStreet from a “buy” rating to a “hold” rating in a research report on Monday, October 2nd. Four research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the stock. The company currently has an average rating of “Buy” and a consensus target price of $30.06.

Shares of HomeStreet (NASDAQ:HMST) traded down $0.10 during midday trading on Monday, reaching $31.70. The company’s stock had a trading volume of 197,923 shares, compared to its average volume of 216,345. The company has a current ratio of 0.87, a quick ratio of 0.73 and a debt-to-equity ratio of 0.19. The company has a market cap of $869.71, a price-to-earnings ratio of 23.66, a PEG ratio of 1.39 and a beta of 0.23. HomeStreet has a 1-year low of $24.00 and a 1-year high of $32.60.

HomeStreet (NASDAQ:HMST) last issued its earnings results on Monday, October 23rd. The financial services provider reported $0.51 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.41 by $0.10. The business had revenue of $134.72 million during the quarter, compared to analyst estimates of $129.90 million. HomeStreet had a return on equity of 6.08% and a net margin of 6.68%. During the same period in the previous year, the company posted $1.12 EPS.

Large investors have recently made changes to their positions in the company. Swiss National Bank increased its holdings in shares of HomeStreet by 8.3% in the 3rd quarter. Swiss National Bank now owns 45,900 shares of the financial services provider’s stock valued at $1,239,000 after acquiring an additional 3,500 shares during the period. SG Capital Management LLC purchased a new position in shares of HomeStreet in the 3rd quarter valued at $4,220,000. Boston Partners increased its holdings in shares of HomeStreet by 43.4% in the 3rd quarter. Boston Partners now owns 386,440 shares of the financial services provider’s stock valued at $10,434,000 after acquiring an additional 116,940 shares during the period. Wells Fargo & Company MN increased its holdings in shares of HomeStreet by 20.5% in the 2nd quarter. Wells Fargo & Company MN now owns 100,112 shares of the financial services provider’s stock valued at $2,771,000 after acquiring an additional 17,023 shares during the period. Finally, Nordea Investment Management AB increased its holdings in shares of HomeStreet by 13.7% in the 3rd quarter. Nordea Investment Management AB now owns 82,032 shares of the financial services provider’s stock valued at $2,215,000 after acquiring an additional 9,878 shares during the period. Institutional investors and hedge funds own 85.30% of the company’s stock.

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About HomeStreet

HomeStreet, Inc is a financial services company serving customers primarily in the western United States, including Hawaii. The Company is principally engaged in real estate lending, including mortgage banking activities, and commercial and consumer banking. The Company’s operating segments include Commercial and Consumer Banking, and Mortgage Banking.

Earnings History and Estimates for HomeStreet (NASDAQ:HMST)

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