HomeTrust Bancshares, Inc. (HTBI) To Go Ex-Dividend on February 13th

HomeTrust Bancshares, Inc. (NASDAQ:HTBI) announced a quarterly dividend on Friday, January 24th,Wall Street Journal reports. Investors of record on Thursday, February 13th will be given a dividend of 0.12 per share by the financial services provider on Thursday, February 27th. This represents a $0.48 annualized dividend and a yield of 1.31%. The ex-dividend date is Thursday, February 13th.

HomeTrust Bancshares has raised its dividend by an average of 10.9% per year over the last three years. HomeTrust Bancshares has a payout ratio of 15.7% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect HomeTrust Bancshares to earn $2.84 per share next year, which means the company should continue to be able to cover its $0.48 annual dividend with an expected future payout ratio of 16.9%.

HomeTrust Bancshares Price Performance

HTBI stock opened at $36.72 on Friday. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.06 and a current ratio of 1.11. HomeTrust Bancshares has a 52-week low of $23.55 and a 52-week high of $38.99. The company has a market capitalization of $643.70 million, a P/E ratio of 11.62 and a beta of 0.86. The company has a fifty day moving average price of $35.26 and a 200-day moving average price of $34.58.

HomeTrust Bancshares (NASDAQ:HTBI) last announced its earnings results on Thursday, January 23rd. The financial services provider reported $0.83 EPS for the quarter, topping the consensus estimate of $0.75 by $0.08. HomeTrust Bancshares had a return on equity of 10.41% and a net margin of 18.53%. As a group, equities analysts expect that HomeTrust Bancshares will post 3.11 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on the stock. Keefe, Bruyette & Woods increased their target price on shares of HomeTrust Bancshares from $39.00 to $43.00 and gave the company an “outperform” rating in a research report on Wednesday, December 4th. Raymond James downgraded shares of HomeTrust Bancshares from an “outperform” rating to a “market perform” rating in a research note on Monday, October 28th.

About HomeTrust Bancshares

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.