HomeStreet Inc

HomeStreet Inc Stock Forecast & Price Prediction

Live HomeStreet Inc Stock (HMST) Price
$11.62

4

Ratings

  • Buy 1
  • Hold 3
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$11.62

P/E Ratio

34.65

Volume Traded Today

$77,800

Dividend

$0.1

52 Week High/low

16.10/7.21

HomeStreet Inc Market Cap

$219.1M

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HMST Summary

The HomeStreet Inc (HMST) share price is expected to decrease by 2.11% over the next year. This is based on calculating the average 12-month share price estimate provided by 4 stock analysts who have covered HMST. Price targets range from $10 at the low end to $12.5 at the high end. The current analyst consensus for HMST is a buy. Please note analyst price targets are not guaranteed and could be missed completely.

HMST Analyst Ratings

HMST is a stock in Financial Services which has been forecasted to be worth $11.375 as an average. On the higher end, the forecast price is $12.5 USD by from and on the lower end HMST is forecasted to be $10 by Matthew Clark from Piper Sandler.

HMST stock forecast by analyst

These are the latest 20 analyst ratings of HMST.

Analyst/Firm

Rating

Price Target

Change

Date

David Chiaverini
Wedbush

Outperform

$12

Upgrade

Nov 5, 2024
Wood Lay
Keefe, Bruyette & Woods

Market Perform

$14.5

Maintains

Jul 30, 2024
Wood Lay
Keefe, Bruyette & Woods

Market Perform

$13.5

Maintains

Jun 18, 2024
Wood Lay
Keefe, Bruyette & Woods

Market Perform

$13.5

Maintains

May 7, 2024
David Chiaverini
Wedbush

Neutral

$16

Maintains

Jan 30, 2024
Wood Lay
Keefe, Bruyette & Woods

Market Perform

$15.5

Maintains

Jan 17, 2024
Matthew Clark
Piper Sandler

Neutral

$5

Maintains

Nov 1, 2023
David Chiaverini
Wedbush

Neutral

$6

Maintains

Oct 31, 2023
Matthew Clark
Piper Sandler

Neutral

$10

Maintains

Aug 3, 2023
Wood Lay
Keefe, Bruyette & Woods

Market Perform

$9

Maintains

May 2, 2023
David Chiaverini
Wedbush

Neutral

$12

Downgrade

Apr 26, 2023
Matthew Clark
Piper Sandler

Neutral


Upgrade

Feb 1, 2023
Jacquelynne Bohlen
Keefe, Bruyette & Woods

Market Perform

$29

Downgrade

Jan 31, 2023
Steve Moss
B. Riley Securities

Neutral

$43

Downgrade

Jun 14, 2022
Matthew Clark
Piper Sandler

Underweight

$40

Downgrade

May 5, 2022
David Chiaverini
Wedbush

Outperform

$63

Upgrade

Nov 10, 2021
Jeff Rulis
DA Davidson

Neutral

$49

Downgrade

Mar 8, 2021
Jacquelynne Bohlen
Keefe, Bruyette & Woods

Outperform

$39

Upgrade

Oct 2, 2020

Wedbush

Neutral


Initiates

Jun 25, 2020

B. Riley FBR

Buy


Maintains

Apr 13, 2020

HMST Company Information

What They Do: Provides comprehensive banking services in the West.

Business Model: HomeStreet, Inc. operates as a bank holding company for HomeStreet Bank, generating revenue primarily through various banking services including commercial and consumer loans, deposits, and treasury management. The bank serves a diverse clientele, including small and medium-sized businesses, real estate investors, and individual customers, offering products like checking accounts, credit cards, and insurance.

Other Information: Founded in 1921 and headquartered in Seattle, Washington, HomeStreet, Inc. has evolved from its initial formation as Continental Mortgage and Loan Company. The company enhances customer convenience through multiple banking channels, including online and mobile banking, supported by a network of branches and ATMs.
HMST
HomeStreet Inc (HMST)

When did it IPO

2012

Staff Count

839

Country

United States

Sector/Industry

Financial Services/Banks - Regional

CEO

Mr. Mark K. Mason CPA

Market Cap

$219.1M

HomeStreet Inc (HMST) Financial Data

In 2023, HMST generated $178.8M in revenue, which was a decrease of -29.86% from the previous year. This can be seen as a signal that HMST's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

$328.0M

Revenue From 2021

$319.1M

-2.71 %
From Previous Year

Revenue From 2022

$254.9M

-20.13 %
From Previous Year

Revenue From 2023

$178.8M

-29.86 %
From Previous Year
  • Revenue TTM $169.7M
  • Operating Margin TTM -23.9%
  • Gross profit TTM $0
  • Return on assets TTM -0.3%
  • Return on equity TTM -4.7%
  • Profit Margin -14.4%
  • Book Value Per Share 28.55%
  • Market capitalisation $219.1M
  • Revenue for 2021 $319.1M
  • Revenue for 2022 $254.9M
  • Revenue for 2023 $178.8M
  • EPS this year (TTM) $-1.29

HomeStreet Inc (HMST) Latest News

News Image

Tue, 29 Oct 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - HomeStreet, Inc. (Nasdaq: HMST) reported its financial results for Q3 2024, with comparisons to Q2 2024 available. Non-GAAP measures are included in the report.

Why It Matters - HomeStreet's quarterly financial results highlight performance trends, potentially impacting stock valuation and investor sentiment in the banking sector. Non-GAAP measures may signal underlying financial health.

News Image

Tue, 29 Oct 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - HomeStreet will hold its Q3 2024 earnings call on October 30, 2024, for analysts and investors to discuss financial performance.

Why It Matters - The earnings call date signals key financial insights for HomeStreet, influencing stock valuation and investor sentiment ahead of quarterly performance results.

News Image

Tue, 29 Oct 2024

Sentiment - NEGATIVE

Source - Zacks Investment Research

Summary - HomeStreet (HMST) reported a quarterly loss of $0.32 per share, worse than the expected loss of $0.20, compared to a profit of $0.12 per share in the same quarter last year.

Why It Matters - HomeStreet's larger-than-expected quarterly loss signals potential operational challenges, affecting investor confidence and stock performance.

News Image

Tue, 29 Oct 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - FirstSun Capital Bancorp and HomeStreet, Inc. have not secured necessary regulatory approvals for their mergers, as requested by the Federal Reserve and Texas Department of Banking.

Why It Matters - Delays in regulatory approvals for FirstSun and HomeStreet's merger could lead to uncertainty, impacting stock prices and investor confidence in both companies.

News Image

Mon, 29 Jul 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - HomeStreet has reported its financial results for the second quarter of 2024. Further details on performance metrics will be available in the full report.

Why It Matters - HomeStreet's Q2 2024 results provide insights into its financial health, profitability, and growth trends, influencing stock performance and investment decisions.

News Image

Mon, 29 Jul 2024

Sentiment - NEGATIVE

Source - Zacks Investment Research

Summary - HomeStreet (HMST) reported a quarterly loss of $0.23 per share, slightly better than the expected loss of $0.24, compared to earnings of $0.17 per share in the same quarter last year.

Why It Matters - HomeStreet's smaller-than-expected loss indicates potential operational stability, which may boost investor confidence despite the year-over-year decline in earnings.

...

HMST Frequently asked questions

The highest forecasted price for HMST is $12.5 from at .

The lowest forecasted price for HMST is $10 from Matthew Clark from Piper Sandler

The HMST analyst ratings consensus are 1 buy ratings, 3 hold ratings, and 0 sell ratings.