Brokerages expect that Home Bancorp, Inc. (NASDAQ:HBCP) will report sales of $26.23 million for the current fiscal quarter, according to Zacks. Two analysts have provided estimates for Home Bancorp’s earnings, with the highest sales estimate coming in at $26.30 million and the lowest estimate coming in at $26.17 million. Home Bancorp reported sales of $22.71 million in the same quarter last year, which would suggest a positive year-over-year growth rate of 15.5%. The business is scheduled to issue its next quarterly earnings report on Tuesday, January 29th.
On average, analysts expect that Home Bancorp will report full year sales of $105.39 million for the current fiscal year, with estimates ranging from $105.10 million to $105.69 million. For the next fiscal year, analysts anticipate that the firm will post sales of $103.34 million, with estimates ranging from $101.79 million to $104.90 million. Zacks’ sales averages are a mean average based on a survey of analysts that cover Home Bancorp.
Home Bancorp (NASDAQ:HBCP) last released its earnings results on Tuesday, October 23rd. The bank reported $0.89 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.91 by ($0.02). Home Bancorp had a return on equity of 11.05% and a net margin of 24.90%. The firm had revenue of $26.85 million during the quarter, compared to analysts’ expectations of $26.41 million.
NASDAQ:HBCP opened at $37.40 on Monday. The company has a debt-to-equity ratio of 0.20, a current ratio of 0.97 and a quick ratio of 0.97. Home Bancorp has a 1 year low of $34.12 and a 1 year high of $48.47. The firm has a market capitalization of $354.56 million, a price-to-earnings ratio of 13.50 and a beta of 0.23.
The business also recently declared a quarterly dividend, which was paid on Friday, November 16th. Stockholders of record on Monday, November 5th were issued a $0.20 dividend. This is a positive change from Home Bancorp’s previous quarterly dividend of $0.19. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.14%. The ex-dividend date was Friday, November 2nd. Home Bancorp’s dividend payout ratio (DPR) is presently 28.88%.
Large investors have recently bought and sold shares of the stock. BlackRock Inc. lifted its stake in Home Bancorp by 37.1% during the second quarter. BlackRock Inc. now owns 388,382 shares of the bank’s stock worth $18,080,000 after purchasing an additional 105,135 shares during the last quarter. Dimensional Fund Advisors LP increased its holdings in shares of Home Bancorp by 27.2% in the second quarter. Dimensional Fund Advisors LP now owns 145,472 shares of the bank’s stock worth $6,772,000 after buying an additional 31,126 shares during the period. Millennium Management LLC purchased a new position in shares of Home Bancorp in the first quarter worth about $1,249,000. Renaissance Technologies LLC increased its holdings in shares of Home Bancorp by 11.5% in the second quarter. Renaissance Technologies LLC now owns 235,300 shares of the bank’s stock worth $10,953,000 after buying an additional 24,200 shares during the period. Finally, Northern Trust Corp increased its holdings in shares of Home Bancorp by 18.3% in the second quarter. Northern Trust Corp now owns 91,323 shares of the bank’s stock worth $4,251,000 after buying an additional 14,155 shares during the period. 39.09% of the stock is owned by institutional investors.
Home Bancorp Company Profile
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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