I’ve been keeping an eye on HomeStreet Inc (NASDAQ:HMST) because I’m attracted to its fundamentals. Looking at the company as a whole, as a potential stock investment, I believe HMST has a lot to offer. Basically, it is a financially-healthy company with a an impressive track record of performance, trading at a discount. Below is a brief commentary on these key aspects. For those interested in understanding where the figures come from and want to see the analysis, read the full report on HomeStreet here.
Flawless balance sheet and good value
HMST delivered a bottom-line expansion of 23.0% in the prior year, with its most recent earnings level surpassing its average level over the last five years. Not only did HMST outperformed its past performance, its growth also surpassed the Mortgage industry expansion, which generated a 9.4% earnings growth. This is an notable feat for the company.
HMST is currently trading at a price-to-equity ratio of 12.56x relative to the industry ratio of 19.58x and market ratio of 19.86x, so potential investors can purchase the stock below its value.
For HomeStreet, I’ve compiled three pertinent factors you should look at:
- Future Outlook: What are well-informed industry analysts predicting for HMST’s future growth? Take a look at our free research report of analyst consensus for HMST’s outlook.
- Dividend Income vs Capital Gains: Does HMST return gains to shareholders through reinvesting in itself and growing earnings, or redistribute a decent portion of earnings as dividends? Our historical dividend yield visualization quickly tells you what your can expect from HMST as an investment.
- Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of HMST? Explore our interactive list of stocks with large potential to get an idea of what else is out there you may be missing!
To help readers see past the short term volatility of the financial market, we aim to bring you a long-term focused research analysis purely driven by fundamental data. Note that our analysis does not factor in the latest price-sensitive company announcements.
The author is an independent contributor and at the time of publication had no position in the stocks mentioned. For errors that warrant correction please contact the editor at firstname.lastname@example.org.