HOMB Stock Recent News
HOMB LATEST HEADLINES
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Home BancShares (HOMB) have what it takes?
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Home BancShares (HOMB) have what it takes?
Home BancShares (HOMB) appears to have found support after losing some value lately, as indicated by the formation of a hammer chart. In addition to this technical chart pattern, strong agreement among Wall Street analysts in revising earnings estimates higher enhances the stock's potential for a turnaround in the near term.
Both the loan growth and net interest margin expansion of Home Bancshares beat my expectations for the second quarter. As a result, I've increased my earnings estimates for the full year. Earnings will receive a boost from continued loan growth. However, interest rate cuts will likely pressurize the margins, which will hurt the bottom line. The December 2024 target price is below the current market price. Further, HOMB is offering a modest dividend yield of 2.6%.
CONWAY, Ark., July 24, 2024 (GLOBE NEWSWIRE) -- Home BancShares, Inc. (NYSE: HOMB), parent company of Centennial Bank, today announced that its Board of Directors has declared a regular $0.195 per share quarterly cash dividend payable September 4, 2024, to shareholders of record August 14, 2024. This cash dividend represents a $0.015 per share, or 8.3%, increase over the $0.18 cash dividend paid during the second quarter of 2024.
The headline numbers for Home BancShares (HOMB) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Home BancShares (HOMB) came out with quarterly earnings of $0.52 per share, beating the Zacks Consensus Estimate of $0.48 per share. This compares to earnings of $0.51 per share a year ago.
CONWAY, Ark., July 17, 2024 (GLOBE NEWSWIRE) -- Home BancShares, Inc. (NYSE: HOMB) (“Home” or the “Company”), parent company of Centennial Bank, released quarterly earnings today.
Get a deeper insight into the potential performance of Home BancShares (HOMB) for the quarter ended June 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
CONWAY, Ark., June 18, 2024 (GLOBE NEWSWIRE) -- Home BancShares, Inc. (NYSE: HOMB), parent company of Centennial Bank, today announced it expects to release Second Quarter 2024 earnings after the market closes on July 17, 2024. Following this release, management will conduct a conference call to review these earnings at 1:00 p.m. CT (2:00 p.m. ET) on Thursday, July 18, 2024.