HomeTrust Bancshares (NASDAQ:HTBI) Releases Quarterly Earnings Results, Beats Estimates By $0.08 EPS

HomeTrust Bancshares (NASDAQ:HTBI) announced its earnings results on Thursday. The financial services provider reported $0.83 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.75 by $0.08, Zacks reports. HomeTrust Bancshares had a return on equity of 10.41% and a net margin of 18.53%.

HomeTrust Bancshares Stock Performance

HomeTrust Bancshares stock opened at $36.72 on Friday. HomeTrust Bancshares has a fifty-two week low of $23.55 and a fifty-two week high of $38.99. The firm’s fifty day moving average price is $35.26 and its 200-day moving average price is $34.55. The stock has a market cap of $643.70 million, a P/E ratio of 11.62 and a beta of 0.86. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.06 and a current ratio of 1.11.

HomeTrust Bancshares Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, February 27th. Shareholders of record on Thursday, February 13th will be paid a $0.12 dividend. The ex-dividend date is Thursday, February 13th. This represents a $0.48 dividend on an annualized basis and a yield of 1.31%. HomeTrust Bancshares’s dividend payout ratio is presently 15.00%.

Analysts Set New Price Targets

A number of analysts recently issued reports on the stock. Raymond James downgraded shares of HomeTrust Bancshares from an “outperform” rating to a “market perform” rating in a report on Monday, October 28th. Keefe, Bruyette & Woods increased their price objective on HomeTrust Bancshares from $39.00 to $43.00 and gave the stock an “outperform” rating in a report on Wednesday, December 4th.

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.