HomeTrust Bancshares, Inc. (NYSE:HTB) Plans Quarterly Dividend of $0.15

HomeTrust Bancshares, Inc. (NYSE:HTB) declared a quarterly dividend on Thursday, July 23rd. Shareholders of record on Thursday, August 13th will be given a dividend of 0.15 per share on Thursday, August 27th. This represents a c) annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend is Thursday, August 13th.

HomeTrust Bancshares Price Performance

Shares of HTB stock traded up $0.17 during trading on Thursday, reaching $48.39. The company’s stock had a trading volume of 134,578 shares, compared to its average volume of 87,664. HomeTrust Bancshares has a 1-year low of $37.30 and a 1-year high of $51.00. The company has a 50-day simple moving average of $47.86. The company has a quick ratio of 1.05, a current ratio of 1.08 and a debt-to-equity ratio of 0.17. The firm has a market cap of $813.37 million, a P/E ratio of 12.50 and a beta of 0.80.

HomeTrust Bancshares (NYSE:HTB) last released its earnings results on Thursday, July 23rd. The company reported $0.94 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.89 by $0.05. HomeTrust Bancshares had a return on equity of 11.25% and a net margin of 22.78%. On average, sell-side analysts anticipate that HomeTrust Bancshares will post 3.71 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on HTB shares. Weiss Ratings restated a “buy (b+)” rating on shares of HomeTrust Bancshares in a report on Wednesday, July 8th. Hovde Group boosted their price objective on HomeTrust Bancshares from $46.50 to $47.00 and gave the company a “market perform” rating in a research note on Friday, April 24th. Finally, Wall Street Zen raised shares of HomeTrust Bancshares from a “sell” rating to a “hold” rating in a report on Saturday, April 4th. One equities research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $47.00.

About HomeTrust Bancshares

HomeTrust Bancshares, Inc is the bank holding company for HomeTrust Bank, a regional community bank that provides a range of commercial and consumer banking services. Through its subsidiary bank, the company offers traditional deposit and lending products, including checking and savings accounts, certificates of deposit, residential mortgages, home equity lending, and business loans. HomeTrust also delivers treasury management and payment services for small and midsize businesses, along with digital banking tools to support day-to-day account access and payments.

The company’s product set extends beyond core banking to include wealth management and trust services, commercial real estate financing, and specialized lending for agriculture and construction where relevant to local markets.