Wedbush Research Analysts Lower Earnings Estimates for HomeStreet, Inc. (NASDAQ:HMST)

HomeStreet, Inc. (NASDAQ:HMST) – Equities research analysts at Wedbush cut their Q3 2025 earnings per share estimates for shares of HomeStreet in a report released on Wednesday, May 1st. Wedbush analyst D. Chiaverini now anticipates that the financial services provider will post earnings per share of $0.16 for the quarter, down from their prior estimate of $0.22. Wedbush has a “Neutral” rating and a $16.00 price target on the stock. The consensus estimate for HomeStreet’s current full-year earnings is $0.19 per share. Wedbush also issued estimates for HomeStreet’s Q4 2025 earnings at $0.19 EPS.

Other equities research analysts have also issued reports about the stock. Keefe, Bruyette & Woods increased their target price on shares of HomeStreet from $11.00 to $15.50 and gave the stock a “market perform” rating in a report on Wednesday, January 17th. StockNews.com began coverage on shares of HomeStreet in a research note on Wednesday. They issued a “sell” rating for the company. One research analyst has rated the stock with a sell rating and three have assigned a hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $12.17.

HomeStreet Stock Performance

Shares of HMST opened at $10.98 on Friday. The business has a 50-day simple moving average of $13.78 and a two-hundred day simple moving average of $11.03. The company has a quick ratio of 1.10, a current ratio of 1.17 and a debt-to-equity ratio of 4.40. HomeStreet has a 52 week low of $4.20 and a 52 week high of $15.82. The stock has a market cap of $207.08 million, a price-to-earnings ratio of -5.15 and a beta of 1.35.

Institutional Investors Weigh In On HomeStreet

A number of hedge funds have recently made changes to their positions in HMST. PNC Financial Services Group Inc. increased its position in HomeStreet by 167.2% in the third quarter. PNC Financial Services Group Inc. now owns 3,284 shares of the financial services provider’s stock worth $26,000 after purchasing an additional 2,055 shares during the last quarter. CWM LLC grew its stake in shares of HomeStreet by 2,222.2% in the 4th quarter. CWM LLC now owns 3,553 shares of the financial services provider’s stock worth $37,000 after buying an additional 3,400 shares in the last quarter. AJOVista LLC bought a new stake in shares of HomeStreet in the 4th quarter worth about $38,000. Tower Research Capital LLC TRC raised its position in shares of HomeStreet by 132.8% during the 4th quarter. Tower Research Capital LLC TRC now owns 4,388 shares of the financial services provider’s stock valued at $45,000 after buying an additional 2,503 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC purchased a new stake in shares of HomeStreet during the 3rd quarter valued at about $71,000. 74.71% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at HomeStreet

In related news, Director Joanne R. Harrell bought 1,685 shares of the business’s stock in a transaction that occurred on Friday, March 15th. The stock was bought at an average cost of $14.87 per share, with a total value of $25,055.95. Following the completion of the purchase, the director now owns 14,907 shares of the company’s stock, valued at approximately $221,667.09. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 4.60% of the company’s stock.

About HomeStreet

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.