Home Bancorp, Inc. (HBCP) To Go Ex-Dividend on February 10th

Home Bancorp, Inc. (NASDAQ:HBCP) declared a quarterly dividend on Monday, January 27th,RTT News reports. Investors of record on Monday, February 10th will be paid a dividend of 0.27 per share by the bank on Friday, February 21st. This represents a $1.08 annualized dividend and a yield of 2.14%. The ex-dividend date of this dividend is Monday, February 10th. This is a boost from Home Bancorp’s previous quarterly dividend of $0.26.

Home Bancorp has increased its dividend payment by an average of 3.5% annually over the last three years. Home Bancorp has a dividend payout ratio of 21.3% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Home Bancorp to earn $4.63 per share next year, which means the company should continue to be able to cover its $1.04 annual dividend with an expected future payout ratio of 22.5%.

Home Bancorp Stock Performance

Shares of HBCP opened at $50.48 on Wednesday. The business’s fifty day moving average price is $47.53 and its 200 day moving average price is $45.12. Home Bancorp has a 12-month low of $33.30 and a 12-month high of $52.39. The stock has a market capitalization of $407.88 million, a PE ratio of 11.19 and a beta of 0.71. The company has a debt-to-equity ratio of 0.24, a current ratio of 0.96 and a quick ratio of 0.96.

Home Bancorp (NASDAQ:HBCP) last posted its earnings results on Monday, January 27th. The bank reported $1.21 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.14 by $0.07. Home Bancorp had a return on equity of 9.58% and a net margin of 18.55%. During the same period in the previous year, the business earned $1.17 EPS. Equities research analysts forecast that Home Bancorp will post 4.48 EPS for the current year.

Analysts Set New Price Targets

A number of brokerages recently weighed in on HBCP. Hovde Group cut shares of Home Bancorp from an “outperform” rating to a “market perform” rating and lifted their price objective for the company from $53.00 to $54.50 in a research note on Tuesday, November 12th. StockNews.com downgraded Home Bancorp from a “buy” rating to a “hold” rating in a research note on Wednesday, January 22nd. Finally, Raymond James raised Home Bancorp from a “market perform” rating to an “outperform” rating and set a $50.00 price target for the company in a research note on Monday, October 21st.

Home Bancorp Company Profile

Home Bancorp, Inc operates as the bank holding company for Home Bank, National Association that provides various banking products and services in Louisiana, Mississippi, and Texas. It offers deposit products, including interest-bearing and noninterest-bearing checking, money market, savings, NOW, and certificates of deposit accounts.