HomeTrust Bancshares (NYSE:HTB) Raised to “Hold” at Wall Street Zen

HomeTrust Bancshares (NYSE:HTB) was upgraded by equities researchers at Wall Street Zen from a “sell” rating to a “hold” rating in a report released on Saturday.

Other equities analysts have also issued research reports about the company. Weiss Ratings initiated coverage on shares of HomeTrust Bancshares in a research note on Wednesday, January 14th. They set a “buy (b)” rating on the stock. Hovde Group lowered shares of HomeTrust Bancshares from a “strong-buy” rating to a “hold” rating in a research note on Monday, January 12th. One research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, HomeTrust Bancshares currently has a consensus rating of “Moderate Buy”.

HomeTrust Bancshares Stock Down 3.6%

NYSE HTB opened at $42.20 on Friday. HomeTrust Bancshares has a 52 week low of $30.95 and a 52 week high of $47.64. The company has a quick ratio of 1.07, a current ratio of 1.12 and a debt-to-equity ratio of 0.40. The stock has a market cap of $735.97 million, a PE ratio of 11.34 and a beta of 0.89.

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

Insiders Place Their Bets

In related news, EVP John Francis Sprink II sold 2,000 shares of the firm’s stock in a transaction dated Friday, February 6th. The stock was sold at an average price of $45.00, for a total transaction of $90,000.00. Following the sale, the executive vice president directly owned 13,465 shares in the company, valued at approximately $605,925. This trade represents a 12.93% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Insiders own 10.57% of the company’s stock.

HomeTrust Bancshares Company Profile

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.