Home BancShares, Inc. (NASDAQ:HOMB) released its quarterly earnings data on Wednesday. The financial services provider reported $0.32 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.33 by ($0.01), Bloomberg Earnings reports. Home BancShares had a net margin of 33.97% and a return on equity of 13.77%. During the same period last year, the company posted $0.33 EPS.

Shares of Home BancShares (HOMB) traded down 1.88% on Thursday, reaching $25.00. The company’s stock had a trading volume of 1,135,989 shares. The firm has a market cap of $3.58 billion, a price-to-earnings ratio of 18.70 and a beta of 1.19. Home BancShares has a 12 month low of $19.81 and a 12 month high of $29.69. The stock has a 50 day moving average of $24.04 and a 200-day moving average of $24.58.

Several equities research analysts recently weighed in on the company. Zacks Investment Research raised Home BancShares from a “hold” rating to a “buy” rating and set a $28.00 price objective on the stock in a report on Tuesday, July 25th. Piper Jaffray Companies reissued a “neutral” rating and set a $27.00 price objective on shares of Home BancShares in a report on Thursday, October 5th. ValuEngine raised Home BancShares from a “hold” rating to a “buy” rating in a report on Friday, July 7th. BidaskClub downgraded Home BancShares from a “sell” rating to a “strong sell” rating in a report on Wednesday, July 12th. Finally, Keefe, Bruyette & Woods reissued a “buy” rating and set a $30.00 price objective on shares of Home BancShares in a report on Friday, July 21st. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating and three have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of $28.58.

In related news, Chairman John W. Allison acquired 15,000 shares of Home BancShares stock in a transaction dated Wednesday, July 26th. The shares were purchased at an average cost of $25.46 per share, with a total value of $381,900.00. Following the completion of the purchase, the chairman now owns 4,968,396 shares of the company’s stock, valued at $126,495,362.16. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, insider Tracy French acquired 3,100 shares of Home BancShares stock in a transaction dated Friday, August 11th. The shares were bought at an average cost of $23.54 per share, for a total transaction of $72,974.00. Following the completion of the purchase, the insider now directly owns 102,268 shares of the company’s stock, valued at approximately $2,407,388.72. The disclosure for this purchase can be found here. Insiders have bought 33,100 shares of company stock worth $825,074 over the last ninety days. Insiders own 11.27% of the company’s stock.

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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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