HomeTrust Bancshares (NYSE:HTB) Cut to Sell at Wall Street Zen

Wall Street Zen lowered shares of HomeTrust Bancshares (NYSE:HTB) from a hold rating to a sell rating in a research report released on Saturday morning.

Several other research analysts also recently weighed in on HTB. Hovde Group downgraded HomeTrust Bancshares from a “strong-buy” rating to a “hold” rating in a research note on Monday, January 12th. Weiss Ratings initiated coverage on shares of HomeTrust Bancshares in a report on Wednesday, January 14th. They issued a “buy (b)” rating on the stock. One analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy”.

HomeTrust Bancshares Stock Performance

HTB opened at $44.20 on Friday. HomeTrust Bancshares has a fifty-two week low of $30.95 and a fifty-two week high of $47.64. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.07 and a current ratio of 1.12. The firm has a market cap of $770.85 million, a P/E ratio of 11.59 and a beta of 0.90.

HomeTrust Bancshares (NYSE:HTB) last announced its quarterly earnings data on Thursday, January 22nd. The company reported $0.93 EPS for the quarter, beating the consensus estimate of $0.91 by $0.02. The business had revenue of $53.90 million for the quarter. HomeTrust Bancshares had a return on equity of 11.09% and a net margin of 22.01%.

HomeTrust Bancshares Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, February 26th. Stockholders of record on Wednesday, February 18th will be issued a dividend of $0.13 per share. This represents a $0.52 annualized dividend and a dividend yield of 1.2%. The ex-dividend date of this dividend is Wednesday, February 18th. HomeTrust Bancshares’s dividend payout ratio is 13.98%.

About HomeTrust Bancshares

HomeTrust Bancshares, Inc is the bank holding company for HomeTrust Bank, a regional community bank that provides a range of commercial and consumer banking services. Through its subsidiary bank, the company offers traditional deposit and lending products, including checking and savings accounts, certificates of deposit, residential mortgages, home equity lending, and business loans. HomeTrust also delivers treasury management and payment services for small and midsize businesses, along with digital banking tools to support day-to-day account access and payments.

The company’s product set extends beyond core banking to include wealth management and trust services, commercial real estate financing, and specialized lending for agriculture and construction where relevant to local markets.