Home Bancorp (HBCP) to Release Quarterly Earnings on Tuesday

Home Bancorp (NASDAQ:HBCP) is scheduled to be releasing its earnings data after the market closes on Tuesday, April 16th. Analysts expect Home Bancorp to post earnings of $1.00 per share for the quarter. Parties that are interested in participating in the company’s conference call can do so using this link.

Home Bancorp (NASDAQ:HBCP) last released its earnings results on Monday, January 22nd. The bank reported $1.17 EPS for the quarter, beating analysts’ consensus estimates of $1.03 by $0.14. Home Bancorp had a return on equity of 11.46% and a net margin of 22.57%. The company had revenue of $32.76 million during the quarter, compared to the consensus estimate of $33.10 million. On average, analysts expect Home Bancorp to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Home Bancorp Stock Performance

NASDAQ:HBCP opened at $34.70 on Monday. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 0.26. Home Bancorp has a fifty-two week low of $27.75 and a fifty-two week high of $44.00. The firm’s fifty day simple moving average is $36.34 and its 200-day simple moving average is $37.21. The stock has a market cap of $282.77 million, a PE ratio of 6.95 and a beta of 0.68.

Home Bancorp Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, February 16th. Shareholders of record on Monday, February 5th were issued a $0.25 dividend. The ex-dividend date was Friday, February 2nd. This represents a $1.00 dividend on an annualized basis and a yield of 2.88%. Home Bancorp’s dividend payout ratio (DPR) is presently 20.04%.

Institutional Investors Weigh In On Home Bancorp

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Royal Bank of Canada grew its holdings in Home Bancorp by 7.3% in the third quarter. Royal Bank of Canada now owns 5,089 shares of the bank’s stock valued at $198,000 after purchasing an additional 347 shares during the period. American Century Companies Inc. grew its holdings in shares of Home Bancorp by 1.0% during the 1st quarter. American Century Companies Inc. now owns 36,125 shares of the bank’s stock worth $1,187,000 after purchasing an additional 364 shares during the period. Charles Schwab Investment Management Inc. increased its position in Home Bancorp by 1.9% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 19,847 shares of the bank’s stock worth $794,000 after purchasing an additional 376 shares in the last quarter. Rhumbline Advisers lifted its holdings in shares of Home Bancorp by 3.9% during the 2nd quarter. Rhumbline Advisers now owns 10,595 shares of the bank’s stock valued at $362,000 after acquiring an additional 396 shares in the last quarter. Finally, Alliancebernstein L.P. lifted its stake in shares of Home Bancorp by 7.4% during the fourth quarter. Alliancebernstein L.P. now owns 5,800 shares of the bank’s stock worth $232,000 after purchasing an additional 400 shares in the last quarter. Hedge funds and other institutional investors own 49.41% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Piper Sandler downgraded Home Bancorp from an “overweight” rating to a “neutral” rating and raised their price objective for the company from $40.00 to $43.00 in a research note on Wednesday, January 24th.

Home Bancorp Company Profile

Home Bancorp, Inc operates as the bank holding company for Home Bank, National Association that provides various banking products and services in Louisiana, Mississippi, and Texas. It offers deposit products, including interest-bearing and noninterest-bearing checking, money market, savings, NOW, and certificates of deposit accounts.