Analysts predict that Home Bancorp, Inc. (NASDAQ:HBCP) will report $18.34 million in sales for the current fiscal quarter, Zacks Investment Research reports. Two analysts have made estimates for Home Bancorp’s earnings, with the highest sales estimate coming in at $18.40 million and the lowest estimate coming in at $18.27 million. Home Bancorp posted sales of $18.23 million during the same quarter last year, which suggests a positive year-over-year growth rate of 0.6%. The company is scheduled to issue its next earnings results on Tuesday, January 23rd.

According to Zacks, analysts expect that Home Bancorp will report full-year sales of $18.34 million for the current fiscal year, with estimates ranging from $73.38 million to $73.60 million. For the next financial year, analysts expect that the company will post sales of $100.39 million per share, with estimates ranging from $98.10 million to $102.68 million. Zacks’ sales calculations are an average based on a survey of sell-side research analysts that cover Home Bancorp.

Home Bancorp (NASDAQ:HBCP) last released its earnings results on Tuesday, October 24th. The bank reported $0.59 earnings per share for the quarter, missing the consensus estimate of $0.63 by ($0.04). Home Bancorp had a return on equity of 9.72% and a net margin of 22.54%. The business had revenue of $18.25 million for the quarter, compared to the consensus estimate of $18.54 million.

HBCP has been the subject of several research analyst reports. Zacks Investment Research upgraded Home Bancorp from a “hold” rating to a “strong-buy” rating and set a $48.00 target price for the company in a research report on Wednesday, September 27th. Sandler O’Neill restated a “hold” rating and issued a $46.00 price objective on shares of Home Bancorp in a report on Wednesday, October 18th. One equities research analyst has rated the stock with a sell rating and four have issued a hold rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $47.00.

Home Bancorp (HBCP) traded down $0.16 during trading hours on Wednesday, hitting $42.75. The stock had a trading volume of 16,200 shares, compared to its average volume of 19,077. Home Bancorp has a fifty-two week low of $32.52 and a fifty-two week high of $47.20. The company has a market capitalization of $319.50, a P/E ratio of 17.10 and a beta of 0.12. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.98 and a current ratio of 0.99.

The business also recently announced a quarterly dividend, which was paid on Friday, November 17th. Shareholders of record on Monday, November 6th were paid a $0.14 dividend. The ex-dividend date of this dividend was Friday, November 3rd. This represents a $0.56 annualized dividend and a yield of 1.31%. Home Bancorp’s dividend payout ratio (DPR) is presently 22.67%.

In other Home Bancorp news, insider John W. Bordelon sold 7,000 shares of Home Bancorp stock in a transaction dated Wednesday, November 29th. The stock was sold at an average price of $42.75, for a total value of $299,250.00. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO John W. Bordelon sold 15,578 shares of Home Bancorp stock in a transaction dated Friday, October 27th. The shares were sold at an average price of $43.59, for a total value of $679,045.02. The disclosure for this sale can be found here. 15.50% of the stock is owned by insiders.

Hedge funds have recently modified their holdings of the company. American International Group Inc. boosted its position in Home Bancorp by 6.7% in the first quarter. American International Group Inc. now owns 3,527 shares of the bank’s stock valued at $119,000 after buying an additional 220 shares during the last quarter. Geode Capital Management LLC boosted its position in Home Bancorp by 5.7% in the first quarter. Geode Capital Management LLC now owns 33,284 shares of the bank’s stock valued at $1,123,000 after buying an additional 1,782 shares during the last quarter. Russell Investments Group Ltd. boosted its position in Home Bancorp by 105.4% in the second quarter. Russell Investments Group Ltd. now owns 4,930 shares of the bank’s stock valued at $210,000 after buying an additional 2,530 shares during the last quarter. Acadian Asset Management LLC boosted its position in Home Bancorp by 15.2% in the second quarter. Acadian Asset Management LLC now owns 19,176 shares of the bank’s stock valued at $815,000 after buying an additional 2,537 shares during the last quarter. Finally, Strs Ohio boosted its position in Home Bancorp by 6.1% in the second quarter. Strs Ohio now owns 10,400 shares of the bank’s stock valued at $442,000 after buying an additional 600 shares during the last quarter. Institutional investors and hedge funds own 42.13% of the company’s stock.

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About Home Bancorp

Home Bancorp, Inc is a bank holding company for Home Bank, N.A. (the Bank). The Bank conducts business through banking offices in the Greater Lafayette, Baton Rouge, Greater New Orleans and Northshore (of Lake Pontchartrain) regions of south Louisiana and the Natchez and Vicksburg regions of west Mississippi.

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Earnings History and Estimates for Home Bancorp (NASDAQ:HBCP)

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