HomeTrust Bancshares, Inc. (HTBI) To Go Ex-Dividend on August 15th

HomeTrust Bancshares, Inc. (NASDAQ:HTBI) declared a quarterly dividend on Wednesday, July 24th, Wall Street Journal reports. Investors of record on Thursday, August 15th will be given a dividend of 0.11 per share by the financial services provider on Thursday, August 29th. This represents a $0.44 annualized dividend and a yield of 1.29%. The ex-dividend date of this dividend is Thursday, August 15th.

HomeTrust Bancshares has increased its dividend by an average of 12.2% per year over the last three years. HomeTrust Bancshares has a dividend payout ratio of 15.3% indicating that its dividend is sufficiently covered by earnings.

HomeTrust Bancshares Price Performance

Shares of HTBI opened at $34.17 on Friday. The company has a current ratio of 1.12, a quick ratio of 1.06 and a debt-to-equity ratio of 0.59. The stock’s 50 day moving average is $29.57 and its two-hundred day moving average is $27.35. HomeTrust Bancshares has a twelve month low of $19.37 and a twelve month high of $35.77. The firm has a market capitalization of $595.92 million, a PE ratio of 9.90 and a beta of 0.82.

HomeTrust Bancshares (NASDAQ:HTBI) last posted its quarterly earnings results on Wednesday, July 24th. The financial services provider reported $0.73 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.73. HomeTrust Bancshares had a return on equity of 11.18% and a net margin of 19.42%. The firm had revenue of $73.53 million for the quarter, compared to the consensus estimate of $48.06 million.

Analyst Ratings Changes

Separately, StockNews.com raised shares of HomeTrust Bancshares from a “hold” rating to a “buy” rating in a research note on Thursday. Four equities research analysts have rated the stock with a buy rating, According to MarketBeat, the company currently has an average rating of “Buy” and a consensus price target of $30.00.

About HomeTrust Bancshares

HomeTrust Bancshares, Inc operates as the bank holding company for HomeTrust Bank that provides a range of retail and commercial banking products and services. The company's deposit products include savings, money market, noninterest-bearing, and interest-bearing checking accounts, as well as certificates of deposit for individuals, business, and nonprofit organizations.