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 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.
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 |
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
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
Revenue From 2021
Revenue From 2022
Revenue From 2023
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.
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.
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.
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.
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.
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.