HomeTrust Bancshares (NASDAQ:HTBI) Issues Earnings Results

HomeTrust Bancshares (NASDAQ:HTBI) posted its earnings results on Thursday. The financial services provider reported $0.83 earnings per share (EPS) for the quarter, topping 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 Price Performance

HTBI opened at $36.72 on Friday. HomeTrust Bancshares has a 1 year low of $23.55 and a 1 year high of $38.99. The stock has a 50-day moving average price of $35.26 and a 200-day moving average price of $34.55. The firm has a market cap of $643.70 million, a PE ratio of 11.62 and a beta of 0.86. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.11 and a quick ratio of 1.06.

HomeTrust Bancshares Announces Dividend

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

Analyst Ratings Changes

A number of brokerages have issued reports on HTBI. Keefe, Bruyette & Woods boosted their price objective on shares of HomeTrust Bancshares from $39.00 to $43.00 and gave the company an “outperform” rating in a research report on Wednesday, December 4th. Raymond James cut shares of HomeTrust Bancshares from an “outperform” rating to a “market perform” rating in a report on Monday, October 28th.

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.