Home Bancorp, Inc. (NASDAQ:HBCP) announced a quarterly dividend on Monday, October 28th, Fidelity reports. Stockholders of record on Friday, November 8th will be given a dividend of 0.22 per share by the bank on Friday, November 22nd. This represents a $0.88 dividend on an annualized basis and a dividend yield of 2.23%. The ex-dividend date of this dividend is Thursday, November 7th.
Shares of NASDAQ:HBCP traded up $0.59 during trading on Tuesday, reaching $39.44. 4 shares of the stock traded hands, compared to its average volume of 21,254. The stock has a 50-day moving average of $39.00 and a two-hundred day moving average of $37.25. Home Bancorp has a 52-week low of $32.59 and a 52-week high of $41.03. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.97 and a current ratio of 0.97. The stock has a market cap of $365.47 million, a P/E ratio of 11.08 and a beta of 0.38.
Home Bancorp (NASDAQ:HBCP) last posted its quarterly earnings results on Tuesday, October 29th. The bank reported $0.75 EPS for the quarter, missing the Zacks’ consensus estimate of $0.77 by ($0.02). Home Bancorp had a net margin of 25.17% and a return on equity of 9.63%. The firm had revenue of $25.92 million for the quarter, compared to analysts’ expectations of $25.16 million. Sell-side analysts expect that Home Bancorp will post 3.12 earnings per share for the current year.
In other news, CFO Joseph B. Zanco sold 6,000 shares of the firm’s stock in a transaction on Thursday, September 5th. The shares were sold at an average price of $37.68, for a total transaction of $226,080.00. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. 12.40% of the stock is owned by company insiders.
HBCP has been the topic of several recent analyst reports. Raymond James upgraded shares of Home Bancorp from a “market perform” rating to an “outperform” rating and set a $40.00 price objective on the stock in a research report on Wednesday, July 24th. BidaskClub downgraded shares of Home Bancorp from a “hold” rating to a “sell” rating in a research report on Thursday, October 17th. Finally, Zacks Investment Research downgraded shares of Home Bancorp from a “hold” rating to a “sell” rating in a research report on Friday. Two research analysts have rated the stock with a sell rating, one has given a hold rating and one has issued a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of $40.50.
About Home Bancorp
Home Bancorp, Inc operates as the holding company for Home Bank, National Association that provides various banking products and services in Louisiana. It offers deposits products, including interest-bearing and noninterest-bearing checking, money market, savings, and certificates of deposit accounts.
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