With 0.59 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.96 million shares. During the session, the Banks – Regional company that operates in wider Financial sector, reached to the highest price of $31.57 whereas the lowest price it dropped to was $30.97. The 52-week range on HOMB shows that it touched its highest point at $32.90 and its lowest point at $22.38 during that stretch. It currently has a 1-year price target of $31.43. With its current market cap of 6.16 billion, HOMB has annualized dividend of $0.75 while the current yield stands at 2.42%. Beta for the stock currently stands at 1.07.
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 down-trending over the past week, with a drop of -2.36%, but this was up by 13.30% over a month. Three-month performance surged to 15.93% while six-month performance rose 33.43%. The stock gained 33.20% in the past year, while it has gained 22.42% so far this year. A look at the trailing 12-month EPS for HOMB yields 1.93 with Next year EPS estimates of 2.13. For the next quarter, that number is 0.53. This implies an EPS growth rate of 4.24% for this year and 3.53% 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, 198.88 million HOMB shares are outstanding with a float of 184.19 million shares on hand for trading. On 2024-11-15, short shares totaled 4.2 million, which was 211.0 higher than short shares on 1728950400. 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 0.69971 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 2 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With HOMB analysts setting a high price target of 36.0 and a low target of 28.0, the average target price over the next 12 months is 31.0. Based on these targets, HOMB could surge 16.09% to reach the target high and fall by -9.71% to reach the target low. Reaching the average price target will result in a decline of -0.03% from current levels.
Analysts have provided yearly estimates in a range of $2.07365 being high and $2.04345 being low. For HOMB, this leads to a yearly average estimate of $2.05352. The surprise factor in the prior quarter was $0.49. Based on analyst estimates, the high estimate for the next quarter is $0.54 and the low estimate is $0.49. The average estimate for the next quarter is thus $0.51.
