News coverage about HomeStreet (NASDAQ:HMST) has been trending somewhat positive on Saturday, according to Accern. The research firm identifies positive and negative media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. HomeStreet earned a daily sentiment score of 0.01 on Accern’s scale. Accern also assigned headlines about the financial services provider an impact score of 45.7982942447402 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Here are some of the headlines that may have effected Accern Sentiment’s rankings:
- Court blocks proxy fight launched against HomeStreet Bank (finance.yahoo.com)
- Q2 2018 EPS Estimates for HomeStreet Inc Decreased by Analyst (HMST) (americanbankingnews.com)
- Q1 2018 EPS Estimates for HomeStreet Inc Reduced by FIG Partners (HMST) (americanbankingnews.com)
- HomeStreet (HMST) Stock Rating Reaffirmed by FBR & Co (americanbankingnews.com)
- Q4 2018 EPS Estimates for HomeStreet Inc (HMST) Reduced by FIG Partners (americanbankingnews.com)
Shares of HomeStreet stock opened at $27.75 on Friday. The company has a current ratio of 1.05, a quick ratio of 0.93 and a debt-to-equity ratio of 1.57. HomeStreet has a 12-month low of $24.00 and a 12-month high of $32.60. The company has a market cap of $768.03, a price-to-earnings ratio of 16.52, a P/E/G ratio of 1.29 and a beta of 0.34.
A number of research analysts have issued reports on HMST shares. BidaskClub upgraded shares of HomeStreet from a “hold” rating to a “buy” rating in a research note on Tuesday, January 16th. Keefe, Bruyette & Woods lowered shares of HomeStreet from an “outperform” rating to a “market perform” rating in a research note on Wednesday, January 24th. ValuEngine upgraded shares of HomeStreet from a “buy” rating to a “strong-buy” rating in a research note on Thursday, March 1st. B. Riley restated a “neutral” rating on shares of HomeStreet in a research note on Friday, March 2nd. Finally, Zacks Investment Research upgraded shares of HomeStreet from a “hold” rating to a “strong-buy” rating and set a $33.00 price target on the stock in a research note on Monday, January 1st. One analyst has rated the stock with a sell rating, six have assigned a hold rating, one has given a buy rating and one has given a strong buy rating to the company’s stock. HomeStreet currently has an average rating of “Hold” and a consensus target price of $30.75.
In other news, EVP Godfrey B. Evans sold 965 shares of the company’s stock in a transaction on Thursday, February 1st. The shares were sold at an average price of $29.66, for a total value of $28,621.90. Following the sale, the executive vice president now directly owns 23,783 shares of the company’s stock, valued at approximately $705,403.78. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Mark K. Mason sold 6,934 shares of the company’s stock in a transaction on Thursday, February 1st. The shares were sold at an average price of $29.53, for a total transaction of $204,761.02. Following the completion of the sale, the chief executive officer now directly owns 131,293 shares in the company, valued at $3,877,082.29. The disclosure for this sale can be found here. Insiders sold a total of 14,414 shares of company stock worth $426,792 over the last ninety days. Insiders own 1.64% of the company’s stock.
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HomeStreet Company Profile
HomeStreet, Inc is a financial services company serving customers primarily in the western United States, including Hawaii. The Company is principally engaged in real estate lending, including mortgage banking activities, and commercial and consumer banking. The Company’s operating segments include Commercial and Consumer Banking, and Mortgage Banking.
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