Zacks downgraded shares of HomeStreet (NASDAQ:HMST) from a neutral rating to an underperform rating in a report issued on Friday, American Banking & Market News reports. They currently have $18.10 target price on the stock.
Shares of HomeStreet (NASDAQ:HMST) traded up 0.05% during mid-day trading on Friday, hitting $18.59. 30,699 shares of the company’s stock traded hands. HomeStreet has a 52 week low of $18.55 and a 52 week high of $28.73. The stock has a 50-day moving average of $19.27 and a 200-day moving average of $20.99. The company has a market cap of $268.1 million and a P/E ratio of 5.94.
HomeStreet (NASDAQ:HMST) last posted its quarterly earnings results on Monday, October 28th. The company reported $0.11 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.27 by $0.16. Analysts expect that HomeStreet will post $2.11 EPS for the current fiscal year.
The company also recently declared a special dividend, which is scheduled for Monday, November 25th. Shareholders of record on Monday, November 4th will be given a dividend of $0.11 per share. The ex-dividend date of this dividend is Thursday, October 31st.
HomeStreet, Inc (NASDAQ:HMST) is a financial services company.
To view Zacks’ full report, visit www.zacks.com
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.