Wedbush Brokers Decrease Earnings Estimates for HomeStreet

HomeStreet, Inc. (NASDAQ:HMST) – 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.

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:HMST) 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

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.