HomeStreet Inc

Company Profile

HomeStreet Inc had its IPO on 2012-02-10 under the ticker symbol HMST.

The company operates in the Financial Services sector and Banks-Regional industry. HomeStreet Inc has a staff strength of 915 employees.

Stock update

Shares of HomeStreet Inc opened at $9.23 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $9.14 - $9.51, and closed at $9.21.

This is a +0.11% increase from the previous day's closing price.

A total volume of 208,856 shares were traded at the close of the day’s session.

In the last one week, shares of HomeStreet Inc have slipped by -10.32%.

HomeStreet Inc's Key Ratios

HomeStreet Inc has a market cap of $172.90 million, indicating a price to book ratio of 0.9047 and a price to sales ratio of 1.5026.

In the last 12-months HomeStreet Inc’s revenue was $251.04 million with a gross profit of $290.08 million and an EBITDA of $0. The EBITDA ratio measures HomeStreet Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, HomeStreet Inc’s operating margin was 18.85% while its return on assets stood at 0.03% with a return of equity of 0.45%.

In Q2, HomeStreet Inc’s quarterly earnings growth was a negative -73.3% while revenue growth was a negative 25.9%.

HomeStreet Inc’s PE and PEG Ratio

Forward PE

6.3735

Trailing PE

70.7692

PEG

1.82

Its diluted EPS in the last 12-months stands at $0.13 per share while it has a forward price to earnings multiple of 6.3735 and a PEG multiple of 1.82. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into HomeStreet Inc’s profitability.

HomeStreet Inc stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of 0. Its price to sales ratio in the trailing 12-months stood at 1.5026.

HomeStreet Inc stock pays annual dividends of $1.15 per share, indicating a yield of 4.28% and a payout ratio of 45.69%.

Balance sheet and cash flow metrics

Total Assets

$9.50 billion

Total Liabilities

$107.24 million

Operating Cash Flow

$73.63 million

Capital Expenditure

$1.18 million

Dividend Payout Ratio

45.69%

HomeStreet Inc ended 2024 with $9.50 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $9.50 billion while shareholder equity stood at $527.62 million.

HomeStreet Inc ended 2024 with $0 in deferred long-term liabilities, $107.24 million in other current liabilities, 228260000.00 in common stock, $400.13 million in retained earnings and $11.22 million in goodwill. Its cash balance stood at $173.10 million and cash and short-term investments were $1.57 billion. The company’s total short-term debt was $1,972,000,000 while long-term debt stood at $2.20 billion.

HomeStreet Inc’s total current assets stands at $1.57 billion while long-term investments were $1.40 billion and short-term investments were $1.40 billion. Its net receivables were $0 compared to accounts payable of $107.24 million and inventory worth $0.

In 2024, HomeStreet Inc's operating cash flow was $73.63 million while its capital expenditure stood at $1.18 million.

Comparatively, HomeStreet Inc paid $0.46 in dividends in 2024.

Other key metrics

Current Trading Price

$9.21

52-Week High

$33.3824

52-Week Low

$4.6416

Analyst Target Price

$9.13

HomeStreet Inc stock is currently trading at $9.21 per share. It touched a 52-week high of $33.3824 and a 52-week low of $33.3824. Analysts tracking the stock have a 12-month average target price of $9.13.

Its 50-day moving average was $8.97 and 200-day moving average was $16.02 The short ratio stood at 3.33 indicating a short percent outstanding of 0%.

Around 494.1% of the company’s stock are held by insiders while 8717.2% are held by institutions.