-logo-1200x675.png?v=20240417094222)
Home Bancshares, Inc. (Conway, AR) (NYSE:HOMB - Get Free Report) CFO Brian Davis sold 20,544 shares of the firm's stock in a transaction that occurred on Thursday, April 25th. The shares were sold at an average price of $24.52, for a total value of $503,738.88. Following the completion of the sale, the chief financial officer now directly owns 89,192 shares of the company's stock, valued at $2,186,987.84. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.
Home Bancshares, Inc. (Conway, AR) Trading Down 1.1 %
Shares of NYSE HOMB opened at $24.52 on Friday. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.89 and a current ratio of 0.90. The business's 50 day moving average price is $23.65 and its 200-day moving average price is $23.23. Home Bancshares, Inc. has a fifty-two week low of $19.61 and a fifty-two week high of $25.80. The company has a market cap of $4.93 billion, a price-to-earnings ratio of 12.64 and a beta of 1.11.
Home Bancshares, Inc. (Conway, AR) (NYSE:HOMB - Get Free Report) last issued its quarterly earnings results on Thursday, April 18th. The financial services provider reported $0.49 earnings per share for the quarter, topping the consensus estimate of $0.46 by $0.03. The firm had revenue of $246.40 million for the quarter, compared to the consensus estimate of $240.46 million. Home Bancshares, Inc. (Conway, AR) had a return on equity of 10.52% and a net margin of 28.17%. The company's revenue for the quarter was down 1.0% on a year-over-year basis. During the same period in the prior year, the business posted $0.54 earnings per share. On average, sell-side analysts expect that Home Bancshares, Inc. will post 1.93 earnings per share for the current year.
Analyst Ratings Changes
Conflict In Israel Sends Gold Soaring ???? Here’s How To Get Your Share
From Colonial Metals | Ad
The latest flare-up between Israel and Palestinian militants has sent gold prices surging.
Why? Because savvy investors know the endgame of the elites at play…
Geopolitical crises breed uncertainty — and gold thrives on uncertainty.
See why the elites are pouring billions into gold.
Several research firms have recently issued reports on HOMB. Royal Bank of Canada reaffirmed a "sector perform" rating and issued a $26.00 price objective on shares of Home Bancshares, Inc. (Conway, AR) in a research note on Tuesday, April 9th. Stephens raised their price objective on Home Bancshares, Inc. (Conway, AR) from $27.00 to $28.00 and gave the company an "overweight" rating in a research note on Friday, April 19th. Finally, Piper Sandler increased their price target on Home Bancshares, Inc. (Conway, AR) from $26.00 to $27.00 and gave the stock an "overweight" rating in a report on Friday, January 19th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the company. According to MarketBeat.com, Home Bancshares, Inc. (Conway, AR) presently has a consensus rating of "Hold" and a consensus target price of $26.00.
View Our Latest Research Report on HOMB
Institutional Inflows and Outflows
Institutional investors have recently bought and sold shares of the company. Quadrant Capital Group LLC increased its holdings in Home Bancshares, Inc. (Conway, AR) by 189.6% during the 4th quarter. Quadrant Capital Group LLC now owns 1,034 shares of the financial services provider's stock worth $26,000 after purchasing an additional 677 shares during the period. Headlands Technologies LLC purchased a new position in Home Bancshares, Inc. (Conway, AR) during the 4th quarter worth $35,000. Ronald Blue Trust Inc. increased its holdings in Home Bancshares, Inc. (Conway, AR) by 84.4% during the 3rd quarter. Ronald Blue Trust Inc. now owns 1,684 shares of the financial services provider's stock worth $38,000 after purchasing an additional 771 shares during the period. TFO Wealth Partners LLC increased its holdings in Home Bancshares, Inc. (Conway, AR) by 14,809.1% during the 4th quarter. TFO Wealth Partners LLC now owns 1,640 shares of the financial services provider's stock worth $42,000 after purchasing an additional 1,629 shares during the period. Finally, SRS Capital Advisors Inc. increased its holdings in Home Bancshares, Inc. (Conway, AR) by 325.9% during the 4th quarter. SRS Capital Advisors Inc. now owns 1,712 shares of the financial services provider's stock worth $43,000 after purchasing an additional 1,310 shares during the period. 67.31% of the stock is currently owned by hedge funds and other institutional investors.
Home Bancshares, Inc. (Conway, AR) Company Profile
(
Get Free Report)
Home Bancshares, Inc (Conway, AR) operates as the bank holding company for Centennial Bank that provides commercial and retail banking, and related financial services to businesses, real estate developers and investors, individuals, and municipalities. Its deposit products include checking, savings, and money market accounts, as well as certificates of deposit.
Recommended Stories
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. This story was reviewed by InsiderTrades.com's editorial team prior to publication. Please send any questions or comments about this story to [email protected].
