HomeStreet
HMST
Market cap $287M

15.24 USD

-0.23

1.49%

At close Oct 17, 4:00 PM EDT

After hours

15.24

+0.00

0.00%

1 day

-1.49%

5 days

0.99%

1 month

-0.07%

3 months

11.57%

6 months

23.60%

Year to date

49.27%

1 year

159.18%

5 years

-45.57%

About: HomeStreet Inc is a commercial bank. It provides commercial loans and consumer loans including mortgage loans, deposit products, private banking, and cash management services. The company loan products include commercial business loans and agriculture loans, consumer loans, single family residential mortgages, loans secured by commercial real estate and construction loans for residential and commercial real estate projects.

Employees: 840

Financials State Commercial Banks

0

Funds holding %

of 6,740 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

45% more first-time investments, than exits

New positions opened: 16 | Existing positions closed: 11

5% more funds holding

Funds holding: 96 [Q1] → 101 (+5) [Q2]

0.32% more ownership

Funds ownership: 75.11% [Q1] → 75.42% (+0.32%) [Q2]

8% less repeat investments, than reductions

Existing positions increased: 33 | Existing positions reduced: 36

24% less capital invested

Capital invested by funds: $213M [Q1] → $162M (-$51M) [Q2]

40% less funds holding in top 10

Funds holding in top 10: 5 [Q1] → 3 (-2) [Q2]

86% less call options, than puts

Call options by funds: $51K | Put options by funds: $363K

See Fund Rankings

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

Low target

$14.50

5%

downside

Avg. target

$14.50

5%

downside

High target

$14.50

5%

downside

1 analyst rating

0 positive

0%

1 neutral

100%

0 negative

0%

Keefe, Bruyette & Woods

Wood Lay

71% 1-year accuracy

15 / 21 met price target

5%downside

$14.50

Market Perform

Maintained

30 Jul 2024

See Analyst Rankings

Financial journalist opinion

Zacks Investment Research

Compared to Estimates, HomeStreet (HMST) Q2 Earnings: A Look at Key Metrics

While the top- and bottom-line numbers for HomeStreet (HMST) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Compared to Estimates, HomeStreet (HMST) Q2 Earnings: A Look at Key Metrics

Zacks Investment Research

HomeStreet (HMST) Reports Q2 Loss, Misses Revenue Estimates

HomeStreet (HMST) came out with a quarterly loss of $0.23 per share versus the Zacks Consensus Estimate of a loss of $0.24. This compares to earnings of $0.17 per share a year ago.

HomeStreet (HMST) Reports Q2 Loss, Misses Revenue Estimates

HomeStreet Reports Second Quarter 2024 Results

SEATTLE--(BUSINESS WIRE)--HomeStreet Reports Second Quarter 2024 Results.

HomeStreet Reports Second Quarter 2024 Results

Zacks Investment Research

Analysts Estimate HomeStreet (HMST) to Report a Decline in Earnings: What to Look Out for

HomeStreet (HMST) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Analysts Estimate HomeStreet (HMST) to Report a Decline in Earnings: What to Look Out for

Zacks Investment Research

3 Savings & Loan Stocks to Watch Amid High Interest Rate

The Savings and Loan industry is facing challenges from high interest rates. At the same time, decent loan demand and a stable deposit base will help industry players like Citizens Financial (CFG), WSFS Financial (WSFS) and HomeStreet (HMST) to navigate headwinds.

3 Savings & Loan Stocks to Watch Amid High Interest Rate

Blue Lion Capital Encourages HomeStreet Board to Remove Management Team Change in Control Payments as Part of FSUN Merger

HomeStreet was Encouraged by FirstSun Capital Bancorp Management to Hedge Interest Rate Risk After Merger was Announced in January 2024 but Mark Mason Refused HomeStreet's Profitability and Value Declined as Interest Rates Increased On April 30 th, FirstSun Amended and Lowered the Merger Consideration to HomeStreet Shareholders by $30.5 Million to Reflect HomeStreet's Lower Profitability and Value If Shareholders Receive $30.5 Million Less, Why Should HomeStreet Executives Receive $19.6 Million More Via Change in Control Payments? Last Week, HomeStreet Shareholders Voted Against HomeStreet Management Receiving the Payments Blue Lion Capital Encourages HomeStreet's Board to Do the Right Thing and Remove the Management Team Change in Control Payments as Part of the FirstSun Merger Blue Lion Encourages Shareholders to Contact James Mitchell, HomeStreet's Lead Independent Director DALLAS , June 27, 2024 /PRNewswire/ -- Blue Lion Capital, a Dallas-based investment firm ("Blue Lion") that beneficially owns approximately 1.3% of the stock of HomeStreet, Inc. (Nasdaq: HMST) ("HomeStreet" or the "Company"), has issued a letter to the HomeStreet Board of Directors ("Board") regarding Change in Control (CIC) payments that the Company's management team may receive as part of the FirstSun Capital Bancorp ("FSUN" or "FirstSun") merger.

Blue Lion Capital Encourages HomeStreet Board to Remove Management Team Change in Control Payments as Part of FSUN Merger

HomeStreet Announces Approval of Merger with FirstSun

SEATTLE--(BUSINESS WIRE)--HomeStreet, Inc. (“the Company”) (Nasdaq: HMST) today announced that the preliminary vote count indicates that its shareholders approved the Agreement and Plan of Merger dated as of January 16, 2024, by and between FirstSun Capital Bancorp, the Company and Dynamis Subsidiary, Inc., as amended on April 30, 2024. Final voting results of the shareholder meeting held on June 18, 2024 will be filed with the Company's Form 8-K on Thursday June 20, 2024. “The strong vote in f.

HomeStreet Announces Approval of Merger with FirstSun

PRESSING INVESTIGATION: The M&A Class Action Firm Investigates Merger and Imminent Vote on June 18, 2024, of HomeStreet, Inc. - HMST

NEW YORK, June 05, 2024 (GLOBE NEWSWIRE) -- Monteverde & Associates PC (the “M&A Class Action Firm”), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating HomeStreet, Inc . ( NASDAQ: HMST ) , relating to its proposed sale to FirstSun Capital Bancorp. Under the terms of the agreement, HomeStreet stockholders will receive 0.4345 shares of FirstSun common stock per share of HMST they own.

PRESSING INVESTIGATION: The M&A Class Action Firm Investigates Merger and Imminent Vote on June 18, 2024, of HomeStreet, Inc. - HMST

SHAREHOLDER UPDATE: Halper Sadeh LLC Continues to Investigate HMST, SRCL

NEW YORK, NY / ACCESSWIRE / June 4, 2024 / Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to: HomeStreet, Inc. (NASDAQ:HMST)'s sale to FirstSun Capital Bancorp. Under the terms of the agreement, HomeStreet shareholders will receive 0.3867 shares (revised from 0.4345 shares under the original merger agreement) of FirstSun common stock for each share of HomeStreet common stock.

SHAREHOLDER UPDATE: Halper Sadeh LLC Continues to Investigate HMST, SRCL

PRESSING INVESTIGATION: The M&A Class Action Firm Investigates Merger and Imminent Vote on June 18, 2024, of HomeStreet, Inc. - HMST

NEW YORK , June 4, 2024 /PRNewswire/ -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating HomeStreet, Inc. (NASDAQ: HMST) , relating to its proposed sale to FirstSun Capital Bancorp.

PRESSING INVESTIGATION: The M&A Class Action Firm Investigates Merger and Imminent Vote on June 18, 2024, of HomeStreet, Inc. - HMST

See News Rankings

Charts implemented using Lightweight Charts™