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HomeStreet, Inc is a banks—regional business based in the US. HomeStreet shares (HMST) are listed on the NASDAQ and all prices are listed in US Dollars. HomeStreet employs 987 staff and has a trailing 12-month revenue of around USD$286.8 million.
Since the stock market crash in March caused by coronavirus, HomeStreet's share price has had significant positive movement.
Its last market close was USD$35.08, which is 11.12% up on its pre-crash value of USD$31.18 and 90.24% up on the lowest point reached during the March crash when the shares fell as low as USD$18.44.
If you had bought USD$1,000 worth of HomeStreet shares at the start of February 2020, those shares would have been worth USD$604.98 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth USD$1,099.06.
|Latest market close||USD$35.08|
|52-week range||USD$18.44 - USD$34.49|
|50-day moving average||USD$27.6286|
|200-day moving average||USD$25.2499|
|Wall St. target price||USD$31.5|
|Dividend yield||USD$0.6 (2.02%)|
|Earnings per share (TTM)||USD$2.085|
The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
|1 week (2020-11-23)||4.25%|
|1 month (2020-10-30)||12.91%|
|3 months (2020-08-28)||26.01%|
|6 months (2020-05-29)||47.27%|
|1 year (2019-11-29)||9.90%|
|2 years (2018-11-30)||31.78%|
|3 years (2017-11-30)||15.02%|
|5 years (2015-11-30)||61.88%|
Valuing HomeStreet stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of HomeStreet's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
HomeStreet's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 14x. In other words, HomeStreet shares trade at around 14x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
HomeStreet's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.82. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into HomeStreet's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
|Revenue TTM||USD$286.8 million|
|Operating margin TTM||24.5%|
|Gross profit TTM||USD$264.3 million|
|Return on assets TTM||0.73%|
|Return on equity TTM||7.45%|
|Market capitalisation||USD$681.4 million|
TTM: trailing 12 months
There are currently 421,886 HomeStreet shares held short by investors – that's known as HomeStreet's "short interest". This figure is 15.6% up from 365,105 last month.
There are a few different ways that this level of interest in shorting HomeStreet shares can be evaluated.
HomeStreet's "short interest ratio" (SIR) is the quantity of HomeStreet shares currently shorted divided by the average quantity of HomeStreet shares traded daily (recently around 194417.51152074). HomeStreet's SIR currently stands at 2.17. In other words for every 100,000 HomeStreet shares traded daily on the market, roughly 2170 shares are currently held short.
However HomeStreet's short interest can also be evaluated against the total number of HomeStreet shares, or, against the total number of tradable HomeStreet shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case HomeStreet's short interest could be expressed as 0.02% of the outstanding shares (for every 100,000 HomeStreet shares in existence, roughly 20 shares are currently held short) or 0.0263% of the tradable shares (for every 100,000 tradable HomeStreet shares, roughly 26 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against HomeStreet.
Find out more about how you can short HomeStreet stock.
Dividend payout ratio: 20.55% of net profits
Recently HomeStreet has paid out, on average, around 20.55% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.02% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), HomeStreet shareholders could enjoy a 2.02% return on their shares, in the form of dividend payments. In HomeStreet's case, that would currently equate to about $0.6 per share.
While HomeStreet's payout ratio might seem low, this can signify that HomeStreet is investing more in its future growth.
HomeStreet's most recent dividend payout was on 24 August 2020. The latest dividend was paid out to all shareholders who bought their shares by 31 July 2020 (the "ex-dividend date").
HomeStreet's shares were split on a 2:1 basis on 8 November 2012. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your HomeStreet shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for HomeStreet shares which in turn could have impacted HomeStreet's share price.
Over the last 12 months, HomeStreet's shares have ranged in value from as little as $18.44 up to $34.49. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while HomeStreet's is 1.0684. This would suggest that HomeStreet's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).
HomeStreet, Inc. operates as the bank holding company for HomeStreet Bank, a state-chartered commercial bank that provides commercial and consumer banking services primarily in the Western United States. The company offers deposit and insurance products, private banking and cash management services, and other banking services. It provides consumer loans, single family residential mortgages, loans secured by commercial real estate, construction loans for residential and commercial real estate projects, commercial business loans, and agricultural loans; and bridge loans and permanent loans primarily on single family residences, as well as on office, retail, industrial, and multifamily property types. In addition, the company offers its products and services through bank branches, lending centers, and ATMs, as well as through online, mobile, and telephone banking. As of December 31, 2019, it had a networki of 62 retail deposit branches located in Washington state, Southern California, the Portland, Oregon, and Hawaii; and 4 primary stand-alone commercial lending centers in Central Washington, Southern California, Boise, Idaho, and Salt Lake City, Utah. The company was formerly known as Continental Mortgage and Loan Company. HomeStreet, Inc. was founded in 1921 and is headquartered in Seattle, Washington.
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