With 0.86 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.02 million shares. During the session, the Banks – Regional company that operates in wider Financial sector, reached to the highest price of $28.15 whereas the lowest price it dropped to was $27.58. The 52-week range on HOMB shows that it touched its highest point at $28.99 and its lowest point at $19.61 during that stretch. It currently has a 1-year price target of $29.14. With its current market cap of 5.60 billion, HOMB has annualized dividend of $0.73 while the current yield stands at 2.62%. Beta for the stock currently stands at 1.04.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of HOMB was up-trending over the past week, with a rise of 5.89%, but this was up by 5.85% over a month. Three-month performance surged to 20.95% while six-month performance rose 18.30%. The stock gained 29.91% in the past year, while it has gained 10.78% so far this year. A look at the trailing 12-month EPS for HOMB yields 1.92 with Next year EPS estimates of 2.14. For the next quarter, that number is 0.53. This implies an EPS growth rate of 5.05% for this year and 3.54% for next year. EPS is expected to grow by 5.00% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 2.35%.
Float and Shares Shorts:
At present, 201.53 million HOMB shares are outstanding with a float of 184.82 million shares on hand for trading. On 2024-08-30, short shares totaled 4.3 million, which was 215.0 higher than short shares on 1722384000. In addition to Mr. John W. Allison as the firm’s Co-Founder, Chairman & CEO, Mr. Kevin D. Hester serves as its President & Chief Lending Officer.
Institutional Ownership:
Through their ownership of 0.69575995 of HOMB’s outstanding shares, institutional investors have minority control over the company.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for HOMB since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.
