|Bid||0.00 x 800|
|Ask||0.00 x 800|
|Day's Range||27.57 - 27.94|
|52 Week Range||20.50 - 31.96|
|Beta (3Y Monthly)||1.12|
|PE Ratio (TTM)||23.13|
|Earnings Date||Oct 21, 2019 - Oct 25, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||31.40|
HomeStreet (HMST) delivered earnings and revenue surprises of -75.93% and 5.22%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
SEATTLE-- -- Net income from continuing operations for the second quarter of 2019 was $8.9 million or $0.32 per diluted share, compared with $5.1 million, or $0.19 per diluted share for the first quarter of 2019 Exited our stand-alone home loan center-based mortgage business with the sale of 47 stand-alone home loan centers and transferred to the buyer 464 related personnel Repurchased 2,656,001 shares, ...
On Monday, July 22, HomeStreet (NASDAQ: HMST ) will release its latest earnings report. Benzinga's outlook for HomeStreet is included in the following report. Earnings and Revenue HomeStreet EPS will likely ...
Business Journal Managing Editor Rob Johnson recaps the week in Seattle business news, including exclusive interviews with three prominent education leaders and headwinds facing the Salesforce-Tableau deal.
Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), announces that KSF has commenced an investigation into HomeStreet, Inc. (HMST). On July 16, 2019, media sources reported that the Company had paid more than $52.7 million to buy out an investor who had launched a proxy battle against it, specifically, that it paid more than $31 per share for Roaring Blue Lion Capital Management's nearly 1.7 million shares, according to a recent securities filing. KSF’s investigation is focusing on whether HomeStreet’s officers and/or directors breached their fiduciary duties to its shareholders or otherwise violated state or federal laws.
HomeStreet and Blue Lion agreed to mutual non-disparagement clauses, releases of claims and an agreement not to sue for three years.
HomeStreet (HMST) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Blue Lion Group will sell all of its shares of HomeStreet, Inc. (NASDAQ: HMST ) common stock to the company. The group owns approximately 6.48% of the HomeStreet’s common stock. Under the share purchase ...
HomeStreet, Inc. (HMST) (“the Company” or (“HomeStreet”), the parent company of HomeStreet Bank, today announced that it has entered into a share purchase agreement (the “Share Purchase Agreement”) with Blue Lion Opportunity Master Fund, L.P., Roaring Blue Lion Capital Management, L.P., Roaring Blue Lion, LLC, BLOF II LP, Charles W. Griege, Jr. and Ronald K. Tanemura (collectively, the “Blue Lion Group”), which together beneficially owns approximately 6.48% of the Company’s common stock.
This article is written for those who want to get better at using price to earnings ratios (P/E ratios). To keep it...
Is HomeStreet Inc (NASDAQ:HMST) a good investment right now? We check hedge fund and billionaire investor sentiment before delving into hours of research. Hedge funds spend millions of dollars on Ivy League graduates, expert networks, and get tips from investment bankers and industry insiders. Sure they sometimes fail miserably, but their consensus stock picks historically […]
HomeStreet, Inc. , the parent company of HomeStreet Bank, will conduct a quarterly earnings conference call on Tuesday, July 23, 2019 at 1:00 p.m. EDT. Mark K. Mason, Chairman, President and CEO, and Mark Ruh, Executive Vice President and CFO, will discuss second quarter 2019 results and provide an update on recent activities.
Pirates and clowns, flags and a new sponsor were among some of the elements atop Space Needle Friday, kicking off the 70th anniversary of Seafair.
Early voting results from the bank's annual meeting indicate Roaring Blue Lion Capital Management's proxy contest is unsuccessful.
The Board of Directors (the “Board”) of HomeStreet, Inc. (HMST) (the “Company” or “HomeStreet”), the parent company of HomeStreet Bank, today announced that, based on the preliminary vote count at the Company's 2019 Annual Meeting reviewed by its proxy solicitor, all three of the Company’s director nominees, Sandra A. Cavanaugh, Mark K. Mason and Donald R. Voss, have been elected to the Company’s Board of Directors. Roaring Blue Lion withdrew the candidacy of its director candidate Ronald Tanemura immediately prior to the meeting.
HomeStreet Inc defeated Roaring Blue Lion Capital Management's campaign to unseat one director and install its own candidate, ending a two-year standoff between the financial services company and the activist investor, the company said on Thursday. Three of HomeStreet's nine directors stood for re-election at Thursday's annual meeting and each received at least 80 percent of the votes cast by shareholders, according to a preliminary tally, the company said. Chairman and Chief Executive Officer Mark Mason, lead independent director Donald Voss and independent director Sandra Cavanaugh were re-elected.
HomeStreet, Inc. (HMST) or (“HomeStreet”), the parent company of HomeStreet Bank (the “Bank”), today announced the second closing of the sale of assets and transfer of offices and personnel to Homebridge Financial Services, Inc. (“Homebridge”). As part of this closing an additional 17 stand-alone, satellite, and fulfillment offices related to the Bank’s home loan center-based single family mortgage origination business, were transferred to Homebridge, bringing the total of transferred offices in this transaction to 47. In addition, approximately 110 additional former HomeStreet single family origination and support personnel have been hired as employees of Homebridge, bringing the number of former HomeStreet employees hired by Homebridge to approximately 452.
Believes HomeStreet's Board Has Failed to Exercise its Fiduciary Duties to Fully Evaluate Dwight Capital's Offer Without Due Consideration Expresses Continued Concern About The Board's Ability to Represent ...
HomeStreet, Inc. (HMST) or (“HomeStreet” or the “Company”), the parent company of HomeStreet Bank (the “Bank”), commented today on a public letter from Dwight Capital to our Board of Directors (the “Board”) conveying an unsolicited preliminary, non-binding offer to acquire our Fannie Mae DUS(1) multifamily origination and servicing business. Speaking on behalf of the Board, Donald R. Voss, Lead Independent Director said, “After careful review and consistent with our fiduciary duties under applicable law, the Board of Directors and management, together with outside advisors, have thoroughly evaluated Dwight Capital’s preliminary offer. The estimated net proceeds of Dwight Capital’s offer do not represent a compelling premium to the ongoing earnings that the Fannie Mae DUS business generates for the Company.
Glass Lewis Recommends that Shareholders Vote FOR All Three Company Board Nominees, Noting that HomeStreet Has a “Strong Board that Has Presided Over Long-Term Shareholder Value Cr
DALLAS, June 10, 2019 /PRNewswire/ -- Blue Lion Capital ("Blue Lion"), a Dallas-based investment firm, which beneficially owns approximately 6.5% of common stock of HomeStreet, Inc. ("HomeStreet" or the "Company") (HMST), announced that it has amended its proxy statement and BLUE proxy card. Blue Lion is now asking HomeStreet shareholders to vote on the BLUE proxy card to elect Ronald K. Tanemura to replace incumbent director Donald R. Voss.
Leading Proxy Advisory Firm ISS Recommends Shareholders Vote on the WHITE Proxy Card for ALL Three Company Nominees: Sandra A. Cavanaugh, Mark K. Mason and Donald R. Voss
HomeStreet, Inc. (HMST) (the “Company” or “HomeStreet”), the parent company of HomeStreet Bank, today announced that leading proxy advisory firm Institutional Shareholder Services Inc. (“ISS”), has recommended that shareholders vote on the WHITE proxy card FOR all three of the Company’s highly-qualified director nominees: Sandra A. Cavanaugh, Mark K. Mason and Donald R. Voss, to the Board of Directors (the “Board”) at the upcoming 2019 Annual Meeting of Shareholders (the “2019 Annual Meeting”) scheduled for June 20, 2019.