Wedbush Brokers Decrease Earnings Estimates for HomeStreet

HomeStreet, Inc. (NASDAQ:HMSTFree Report) – Stock analysts at Wedbush cut their Q3 2025 EPS estimates for HomeStreet in a report released on Wednesday, October 30th. Wedbush analyst D. Chiaverini now forecasts that the financial services provider will post earnings per share of $0.08 for the quarter, down from their previous estimate of $0.16. The consensus estimate for HomeStreet’s current full-year earnings is ($0.87) per share. Wedbush also issued estimates for HomeStreet’s Q4 2025 earnings at $0.15 EPS.

A number of other research analysts also recently issued reports on HMST. Keefe, Bruyette & Woods boosted their price objective on HomeStreet from $13.50 to $14.50 and gave the company a “market perform” rating in a research note on Tuesday, July 30th. StockNews.com initiated coverage on shares of HomeStreet in a research report on Sunday, September 22nd. They issued a “sell” rating for the company. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $12.25.

Check Out Our Latest Stock Analysis on HMST

HomeStreet Stock Performance

Shares of HMST opened at $9.06 on Thursday. The business has a 50-day simple moving average of $14.97 and a two-hundred day simple moving average of $12.83. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 4.06. HomeStreet has a 52 week low of $4.38 and a 52 week high of $16.10. The stock has a market cap of $170.76 million, a price-to-earnings ratio of -4.34 and a beta of 1.37.

HomeStreet (NASDAQ:HMSTGet Free Report) last announced its earnings results on Tuesday, October 29th. The financial services provider reported ($0.32) EPS for the quarter, missing analysts’ consensus estimates of ($0.20) by ($0.12). The company had revenue of $39.68 million during the quarter, compared to the consensus estimate of $42.93 million. HomeStreet had a negative return on equity of 1.87% and a negative net margin of 3.30%.

Insider Buying and Selling

In related news, Director Paulette Lemon sold 2,401 shares of the business’s stock in a transaction that occurred on Friday, August 30th. The stock was sold at an average price of $15.59, for a total value of $37,431.59. Following the transaction, the director now directly owns 16,923 shares of the company’s stock, valued at approximately $263,829.57. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 4.60% of the stock is currently owned by company insiders.

Institutional Trading of HomeStreet

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Mendon Capital Advisors Corp boosted its holdings in shares of HomeStreet by 21.0% during the 2nd quarter. Mendon Capital Advisors Corp now owns 363,000 shares of the financial services provider’s stock valued at $4,138,000 after purchasing an additional 63,000 shares during the last quarter. Endeavour Capital Advisors Inc. lifted its position in shares of HomeStreet by 113.6% in the second quarter. Endeavour Capital Advisors Inc. now owns 706,253 shares of the financial services provider’s stock worth $8,051,000 after buying an additional 375,581 shares in the last quarter. Point72 Asia Singapore Pte. Ltd. bought a new position in HomeStreet during the second quarter valued at approximately $410,000. Squarepoint Ops LLC purchased a new position in HomeStreet during the 2nd quarter valued at approximately $122,000. Finally, Vanguard Personalized Indexing Management LLC increased its stake in HomeStreet by 23.2% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 14,350 shares of the financial services provider’s stock worth $164,000 after acquiring an additional 2,703 shares during the last quarter. 74.71% of the stock is currently owned by institutional investors.

HomeStreet Company Profile

(Get Free Report)

HomeStreet, Inc operates as the bank holding company for HomeStreet Bank that provides commercial, mortgage, and consumer/retail banking services in the Western United States. The company offers personal and business checking, savings, interest-bearing negotiable order of withdrawal, and money market accounts, as well as certificates of deposit; credit cards; insurance; and treasury management services.

Further Reading

Earnings History and Estimates for HomeStreet (NASDAQ:HMST)

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