There’s No Need To Panic Or Freeze When It Comes To Home Bancshares Inc (NYSE: HOMB)

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. The stock was recently discussed on Yahoo Finance as it revealed that Results of West Texas Headwinds and FDIC Surprise 4th Quarter Assessment Only Things Standing Between HOMB and Expected 2023 Goal of $400 Million Plus.

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Stocks Info

The company is listed on the NYSE and operates within the Banks – Regional industry segment. At the end of the last regular session, the stock closed at $24.61 and fluctuated between $24.61 as its day high and $23.63 as its day low. The current market capitalization of Home Bancshares Inc is $4.97B. A total of 1.31 million shares were traded on the day, compared to an average of 1.07M shares.

Insider Activity

Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, HOMB has seen 2 BUY and 2 SELL insider trades, representing the acquisition of 5,000 and the disposition of 4,970 shares. Over the last 12 months, there were 4 BUYs and 7 SELLs from insiders. Insiders purchased 11,500 shares during that period but sold 31,275.

In the most recent transaction, Hickman James Pat sold 60,000 shares of HOMB for 25.38 per share on Dec 22. After the transaction, the Director now owns 238,497 company shares. In a previous transaction on Dec 22, Hickman James Pat sold 40,000 shares at 25.41 per share. HOMB shares that Director owns now total 60,930.

Among the insiders who sold shares, Hickman James Pat disposed of 100 shares on Dec 18 at a per-share price of $25.03. This resulted in the Director holding 11,590 shares of HOMB after the transaction. In another insider transaction, Adcock Robert H Jr sold 4,970 shares at $20.23 per share on Oct 27. Company shares held by the Director now total 1,145,074.

Dividend

The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. Home Bancshares Inc pays an annual dividend of $0.75, resulting in a dividend yield of 3.06%, and it has a price to earnings (P/E) ratio of 12.70. HOMB’s most recent ex-dividend date was 11/14/2023 when it declared a $0.18 quarterly dividend that was paid in cash on 12/6/2023. Previously, the company paid the dividend on 9/6/2023 with an ex-dividend date of 8/15/2023. The HOMB stock dividend was $0.18 per share in cash.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for HOMB in the last 3 months, the mean price target is $26.86 with high estimates of $29.00 and low estimates of $25.00. In terms of 52-week highs and lows, HOMB has a high of $25.80 and a low of $19.61.

As of this writing, HOMB has an earnings estimate of $0.45 per share for the current quarter. EPS was calculated based on a consensus of 7 estimates, with a high estimate of $0.48 per share and a lower estimate of $0.43. The company reported an EPS of $0.49 in the last quarter, which was 2.10% higher than expectations of $0.48.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. Its Book Value Per Share was $18.81, while its Total Shareholder’s Equity was $2.77B.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for HOMB is Buy with a score of 3.86.

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