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NASDAQ: HMST
Homestreet Inc Stock

$12.23-0.04 (-0.33%)
Updated Apr 25, 2024
HMST Price
$12.23
Fair Value Price
$21.46
Market Cap
$230.63M
52 Week Low
$4.20
52 Week High
$15.82
P/E
-8.38x
P/B
0.43x
P/S
0.93x
PEG
N/A
Dividend Yield
2.45%
Revenue
$209.12M
Earnings
-$27.51M
Gross Margin
100%
Operating Margin
-15.66%
Profit Margin
-13.2%
Debt to Equity
16.45
Operating Cash Flow
$8M
Beta
1.07
Next Earnings
N/A
Ex-Dividend
N/A
Next Dividend
N/A

HMST Overview

HomeStreet, Inc. operates as the bank holding company for HomeStreet Bank that provides commercial, mortgage, and consumer/retail banking services primarily in the Western United States. The company offers personal and business checking, savings accounts, interest-bearing negotiable order of withdrawal accounts, money market accounts, and time certificates of deposit; credit cards; insurance; and treasury management products and services. Its loan products include commercial business and agriculture loans, single family residential mortgages, consumer loans, commercial loans secured by residential and commercial real estate, and construction loans for residential and commercial real estate development, as well as consumer installment loans and permanent loans on commercial real estate and single-family residences. In addition, the company offers its products and services through bank branches, loan production offices, and ATMs, as well as through online, mobile, and telephone banking. As of December 31, 2021, it operated 60 full-service bank branches located in Washington state, Northern and Southern California, the Portland, Oregon, and Hawaii; and five primary stand-alone commercial lending centers in Central Washington, Oregon, Southern California, Idaho, and Utah. HomeStreet, Inc. serves small and medium sized businesses, real estate investors, professional firms, and individuals. The company was formerly known as Continental Mortgage and Loan Company. HomeStreet, Inc. was incorporated in 1921 and is headquartered in Seattle, Washington.

Zen Score

–
Industry Average (33)
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Due Diligence Checks

HMST ($12.23) is undervalued by 43.01% relative to our estimate of its Fair Value price of $21.46 based on Discounted Cash Flow (DCF) modelling, but does not have a significant margin of safety
Below Fair Value Valuation
HMST ($12.23) is significantly undervalued by 43.01% relative to our estimate of its Fair Value price of $21.46 based on Discounted Cash Flow (DCF) modelling, which includes a healthy margin of safety
Significantly Below Fair Value Valuation
HMST is unprofitable, so we... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation
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HMST News

Valuation

HMST fair value

Fair Value of HMST stock based on Discounted Cash Flow (DCF)
Price
$12.23
Fair Value
$21.46
Undervalued by
43.01%
HMST ($12.23) is undervalued by... subscribe to Premium to read more.
Below Fair Value Valuation
HMST ($12.23) is significantly undervalued... subscribe to Premium to read more.
Significantly Below Fair Value Valuation
HMST is unprofitable, so we... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation

HMST price to earnings (PE)

For valuing profitable companies with steady earnings
Company
-8.38x
Industry
-10.31x
Market
40.97x

HMST price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
0.43x
Industry
0.99x
HMST is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

HMST's financial health

Profit margin

Revenue
$45.5M
Net Income
-$3.4M
Profit Margin
-7.5%
HMST's Earnings (EBIT) of -$32.76M... subscribe to Premium to read more.
Interest Coverage Financials
HMST's profit margin has decreased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$9.4B
Liabilities
$8.9B
Debt to equity
16.45
HMST's debt has increased relative... subscribe to Premium to read more.
Shrinking Debt Financials
HMST's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
$9.5M
Investing
$91.8M
Financing
-$112.3M
HMST's operating cash flow ($8.02M)... subscribe to Premium to read more.
Debt Coverage Financials

HMST vs Bank Stocks

TickerMarket Cap1d %P/EP/B
HMST$230.63M-0.33%-8.38x0.43x
BCML$230.64M+0.05%8.86x0.74x
PBFS$232.76M+0.11%12.99x0.82x
FLIC$235.41M-1.78%9.03x0.62x
WSBF$235.42M-4.48%24.98x0.68x

Homestreet Stock FAQ

What is Homestreet's quote symbol?

(NASDAQ: HMST) Homestreet trades on the NASDAQ under the ticker symbol HMST. Homestreet stock quotes can also be displayed as NASDAQ: HMST.

If you're new to stock investing, here's how to buy Homestreet stock.

What is the 52 week high and low for Homestreet (NASDAQ: HMST)?

(NASDAQ: HMST) Homestreet's 52-week high was $15.82, and its 52-week low was $4.20. It is currently -22.69% from its 52-week high and 191.19% from its 52-week low.

How much is Homestreet stock worth today?

(NASDAQ: HMST) Homestreet currently has 18,857,566 outstanding shares. With Homestreet stock trading at $12.23 per share, the total value of Homestreet stock (market capitalization) is $230.63M.

Homestreet stock was originally listed at a price of $12.00 in Feb 10, 2012. If you had invested in Homestreet stock at $12.00, your return over the last 12 years would have been 1.92%, for an annualized return of 0.16% (not including any dividends or dividend reinvestments).

How much is Homestreet's stock price per share?

(NASDAQ: HMST) Homestreet stock price per share is $12.23 today (as of Apr 25, 2024).

What is Homestreet's Market Cap?

(NASDAQ: HMST) Homestreet's market cap is $230.63M, as of Apr 26, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Homestreet's market cap is calculated by multiplying HMST's current stock price of $12.23 by HMST's total outstanding shares of 18,857,566.
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