Home BancShares, Inc. (NASDAQ:HOMB) will issue its quarterly earnings data before the market opens on Wednesday, October 18th. Analysts expect the company to announce earnings of $0.34 per share for the quarter.

Home BancShares (NASDAQ:HOMB) last announced its earnings results on Thursday, July 20th. The financial services provider reported $0.35 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.33 by $0.02. Home BancShares had a net margin of 33.97% and a return on equity of 13.77%. The company had revenue of $131.77 million during the quarter, compared to the consensus estimate of $132.18 million. During the same period in the previous year, the firm posted $0.31 earnings per share. On average, analysts expect Home BancShares to post $1.38 EPS for the current fiscal year and $1.62 EPS for the next fiscal year.

Home BancShares, Inc. (NASDAQ:HOMB) opened at 25.74 on Wednesday. The company has a market capitalization of $3.68 billion, a P/E ratio of 19.25 and a beta of 1.19. Home BancShares, Inc. has a 52 week low of $19.74 and a 52 week high of $29.69. The firm has a 50 day moving average of $23.73 and a 200-day moving average of $24.62.

In other Home BancShares news, insider Tracy French bought 3,100 shares of the business’s stock in a transaction that occurred on Friday, August 11th. The shares were acquired at an average cost of $23.54 per share, for a total transaction of $72,974.00. Following the transaction, the insider now directly owns 102,268 shares in the company, valued at $2,407,388.72. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Chairman John W. Allison bought 15,000 shares of the business’s stock in a transaction that occurred on Monday, July 24th. The shares were acquired at an average price of $24.68 per share, for a total transaction of $370,200.00. Following the completion of the transaction, the chairman now owns 4,953,896 shares in the company, valued at $122,262,153.28. The disclosure for this purchase can be found here. Over the last quarter, insiders have purchased 33,100 shares of company stock worth $825,074. 11.27% of the stock is owned by corporate insiders.

A number of equities research analysts have recently weighed in on HOMB shares. ValuEngine upgraded shares of Home BancShares from a “hold” rating to a “buy” rating in a research note on Friday, July 7th. Keefe, Bruyette & Woods restated a “buy” rating and issued a $30.00 price target on shares of Home BancShares in a research note on Friday, July 21st. Zacks Investment Research upgraded shares of Home BancShares from a “hold” rating to a “buy” rating and set a $28.00 price target on the stock in a research note on Tuesday, July 25th. Piper Jaffray Companies restated a “hold” rating and issued a $27.00 price target on shares of Home BancShares in a research note on Friday, July 21st. Finally, Stephens restated an “overweight” rating and issued a $28.00 price target (down from $29.00) on shares of Home BancShares in a research note on Tuesday, September 12th. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and three have issued a buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of $28.58.

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About Home BancShares

Home BancShares, Inc is a bank holding company. The Company is engaged in providing a range of commercial and retail banking, and related financial services to businesses, real estate developers and investors, individuals and municipalities through its community bank subsidiary, Centennial Bank (the Bank).

Earnings History for Home BancShares (NASDAQ:HOMB)

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