HomeTrust Bancshares (NASDAQ:HTBI) Releases Quarterly Earnings Results, Beats Estimates By $0.08 EPS

HomeTrust Bancshares (NASDAQ:HTBI) posted its earnings results on Thursday. The financial services provider reported $0.83 EPS for the quarter, beating analysts’ consensus estimates of $0.75 by $0.08, Zacks reports. HomeTrust Bancshares had a net margin of 18.53% and a return on equity of 10.41%.

HomeTrust Bancshares Price Performance

Shares of NASDAQ:HTBI opened at $35.44 on Thursday. HomeTrust Bancshares has a one year low of $23.55 and a one year high of $38.99. The stock has a market capitalization of $621.19 million, a price-to-earnings ratio of 11.21 and a beta of 0.86. The company has a 50-day simple moving average of $35.36 and a 200-day simple moving average of $34.48. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.06 and a current ratio of 1.11.

Analysts Set New Price Targets

Several brokerages have issued reports on HTBI. Raymond James lowered HomeTrust Bancshares from an “outperform” rating to a “market perform” rating in a report on Monday, October 28th. Keefe, Bruyette & Woods raised their price target on HomeTrust Bancshares from $39.00 to $43.00 and gave the stock an “outperform” rating in a research note on Wednesday, December 4th.

HomeTrust Bancshares Company Profile

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.