In a report released on January 19, Jon Arfstrom from RBC Capital maintained a Hold rating on Home Bancshares (HOMB – Research Report), with a price target of $27.00. The company’s shares closed yesterday at $22.43.
Arfstrom covers the Financial sector, focusing on stocks such as Discover Financial Services, Huntington Bancshares, and NY Community. According to TipRanks, Arfstrom has an average return of 17.2% and a 59.48% success rate on recommended stocks.
Currently, the analyst consensus on Home Bancshares is a Moderate Buy with an average price target of $27.17.
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HOMB market cap is currently $4.6B and has a P/E ratio of 14.18.
Based on the recent corporate insider activity of 41 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of HOMB in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Home Bancshares, Inc. is a bank holding company, which engages in the provision of financial services. It primarily offers a broad range of commercial and retail banking and related financial services to businesses, real estate developers and investors, individuals, and municipalities through its wholly owned community bank subsidiary – Centennial Bank. The company was founded by John W. Allison and Robert H. Adcock Jr. in 1998 and is headquartered in Conway, AR.
Read More on HOMB:
- HOMB’s Disciplined Strategy Leads to a Beat of Management Expectations Despite Continued West Texas Headwinds
- Home Bancshares reports Q4 adjusted EPS 53c, consensus 55c
- Home BancShares, Inc. Announces Fourth Quarter Earnings Release Date and Conference Call
- Home Bancshares downgraded to Market Perform from Outperform at Keefe Bruyette
