Equities Analysts Issue Forecasts for HomeStreet Q1 Earnings

HomeStreet, Inc. (NASDAQ:HMST) – Investment analysts at Wedbush boosted their Q1 2025 EPS estimates for shares of HomeStreet in a research note issued on Tuesday, November 5th. Wedbush analyst D. Chiaverini now expects that the financial services provider will earn $0.01 per share for the quarter, up from their previous forecast of ($0.11). Wedbush currently has a “Outperform” rating and a $12.00 target price on the stock. The consensus estimate for HomeStreet’s current full-year earnings is ($1.08) per share. Wedbush also issued estimates for HomeStreet’s Q2 2025 earnings at $0.09 EPS, Q3 2025 earnings at $0.18 EPS, Q4 2025 earnings at $0.23 EPS, FY2025 earnings at $0.50 EPS and FY2026 earnings at $1.15 EPS.

Several other research analysts have also weighed in on HMST. StockNews.com assumed coverage on shares of HomeStreet in a research note on Sunday, September 22nd. They set a “sell” rating for the company. Janney Montgomery Scott downgraded shares of HomeStreet from a “strong-buy” rating to a “hold” rating in a report on Wednesday, October 30th. Finally, Keefe, Bruyette & Woods upped their price target on HomeStreet from $13.50 to $14.50 and gave the stock a “market perform” rating in a research note on Tuesday, July 30th.

HomeStreet Trading Up 13.1 %

Shares of HomeStreet stock opened at $11.08 on Thursday. HomeStreet has a 52 week low of $4.90 and a 52 week high of $16.10. The business’s fifty day simple moving average is $14.40 and its 200-day simple moving average is $12.73. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 4.06.

Institutional Trading of HomeStreet

Institutional investors have recently bought and sold shares of the business. Price T Rowe Associates Inc. MD raised its position in shares of HomeStreet by 10.3% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 14,446 shares of the financial services provider’s stock worth $218,000 after acquiring an additional 1,354 shares in the last quarter. Kennedy Capital Management LLC purchased a new position in shares of HomeStreet during the first quarter worth about $3,720,000. EMC Capital Management raised its stake in HomeStreet by 16.2% during the 1st quarter. EMC Capital Management now owns 8,613 shares of the financial services provider’s stock valued at $130,000 after acquiring an additional 1,201 shares during the last quarter. Bank of New York Mellon Corp lifted its position in HomeStreet by 4.6% during the 2nd quarter. Bank of New York Mellon Corp now owns 70,950 shares of the financial services provider’s stock worth $809,000 after acquiring an additional 3,113 shares during the period. Finally, Dimensional Fund Advisors LP grew its stake in shares of HomeStreet by 4.7% in the 2nd quarter. Dimensional Fund Advisors LP now owns 640,296 shares of the financial services provider’s stock valued at $7,299,000 after purchasing an additional 28,874 shares during the last quarter. 74.71% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, Director Paulette Lemon sold 2,401 shares of HomeStreet stock in a transaction dated Friday, August 30th. The stock was sold at an average price of $15.59, for a total value of $37,431.59. Following the completion of the transaction, the director now owns 16,923 shares in the company, valued at approximately $263,829.57. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 4.60% of the stock is owned by company insiders.

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.