Home Federal Bancorp, Inc. of Louisiana (NASDAQ:HFBL) Share Price Crosses Above Two Hundred Day Moving Average – Here’s What Happened

Home Federal Bancorp, Inc. of Louisiana (NASDAQ:HFBL) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $18.81 and traded as high as $22.02. Home Federal Bancorp, Inc. of Louisiana shares last traded at $22.00, with a volume of 942 shares.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “hold (c)” rating on shares of Home Federal Bancorp, Inc. of Louisiana in a research note on Monday. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the company has an average rating of “Hold”.

Home Federal Bancorp, Inc. of Louisiana Stock Performance

The stock has a market cap of $67.10 million, a PE ratio of 11.46 and a beta of 0.38. The business’s fifty day moving average price is $20.05 and its 200-day moving average price is $18.81. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.88 and a current ratio of 0.89.

Home Federal Bancorp, Inc. of Louisiana (NASDAQ:HFBL) last posted its earnings results on Thursday, April 30th. The bank reported $0.48 earnings per share for the quarter. The firm had revenue of $6.03 million during the quarter. Home Federal Bancorp, Inc. of Louisiana had a net margin of 17.27% and a return on equity of 10.42%.

Home Federal Bancorp, Inc. of Louisiana Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, May 11th. Investors of record on Monday, April 27th were given a dividend of $0.135 per share. The ex-dividend date was Monday, April 27th. This represents a $0.54 dividend on an annualized basis and a yield of 2.5%. Home Federal Bancorp, Inc. of Louisiana’s payout ratio is presently 28.13%.

About Home Federal Bancorp, Inc. of Louisiana

Home Federal Bancorp, Inc of Louisiana is a bank holding company headquartered in Louisiana. Through its subsidiary Home Federal Bank, F.A., the company delivers a full suite of retail and commercial banking products. Its deposit offerings include checking and savings accounts, certificates of deposit, money market accounts and online banking services designed to meet the needs of individuals and small businesses.

The company’s lending portfolio encompasses residential mortgage loans, commercial real estate financing, construction and development loans, and various consumer credit products.