HomeTrust Bancshares (HTBI) to Release Earnings on Wednesday

HomeTrust Bancshares (NASDAQ:HTBI) is expected to be announcing its earnings results before the market opens on Wednesday, January 22nd. Analysts expect the company to announce earnings of $0.75 per share and revenue of $49,872.33 billion for the quarter.

HomeTrust Bancshares (NASDAQ:HTBI) last released its quarterly earnings results on Thursday, October 24th. The financial services provider reported $0.76 earnings per share for the quarter, missing analysts’ consensus estimates of $0.80 by ($0.04). The firm had revenue of $74.93 million for the quarter, compared to the consensus estimate of $50.13 million. HomeTrust Bancshares had a net margin of 18.53% and a return on equity of 10.41%. On average, analysts expect HomeTrust Bancshares to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

HomeTrust Bancshares Trading Up 2.2 %

NASDAQ:HTBI opened at $34.23 on Tuesday. HomeTrust Bancshares has a 52 week low of $23.55 and a 52 week high of $38.99. The firm has a 50-day moving average price of $35.42 and a two-hundred day moving average price of $34.44. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.06 and a current ratio of 1.11. The firm has a market cap of $600.05 million, a price-to-earnings ratio of 10.83 and a beta of 0.86.

HomeTrust Bancshares Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, November 27th. Shareholders of record on Thursday, November 14th were given a $0.12 dividend. The ex-dividend date was Thursday, November 14th. This represents a $0.48 annualized dividend and a yield of 1.40%. This is a boost from HomeTrust Bancshares’s previous quarterly dividend of $0.11. HomeTrust Bancshares’s payout ratio is currently 15.19%.

Analyst Ratings Changes

A number of equities analysts recently weighed in on HTBI shares. Keefe, Bruyette & Woods boosted their price target on shares of HomeTrust Bancshares from $39.00 to $43.00 and gave the stock an “outperform” rating in a report on Wednesday, December 4th. Raymond James lowered shares of HomeTrust Bancshares from an “outperform” rating to a “market perform” rating in a research note on Monday, October 28th.

HomeTrust Bancshares Company Profile

HomeTrust Bancshares, Inc operates as the bank holding company for HomeTrust Bank that provides a range of retail and commercial banking products and services. The company’s deposit products include savings, money market, noninterest-bearing, and interest-bearing checking accounts, as well as certificates of deposit for individuals, business, and nonprofit organizations.