HomeStreet (NASDAQ:HMST) and Hancock (NASDAQ:HBHC) are both finance companies, but which is the better investment? We will compare the two companies based on the strength of their institutional ownership, earnings, valuation, dividends, profitability, risk and analyst recommendations.
Institutional and Insider Ownership
81.6% of HomeStreet shares are owned by institutional investors. Comparatively, 75.7% of Hancock shares are owned by institutional investors. 1.6% of HomeStreet shares are owned by company insiders. Comparatively, 1.0% of Hancock shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.
This is a summary of current recommendations for HomeStreet and Hancock, as provided by MarketBeat.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
HomeStreet currently has a consensus price target of $32.00, suggesting a potential upside of 1.07%. Given HomeStreet’s higher probable upside, analysts plainly believe HomeStreet is more favorable than Hancock.
Earnings and Valuation
This table compares HomeStreet and Hancock’s gross revenue, earnings per share and valuation.
|Gross Revenue||Price/Sales Ratio||Net Income||Earnings Per Share||Price/Earnings Ratio|
|HomeStreet||$507.66 million||1.68||$40.03 million||$1.48||21.39|
HomeStreet has higher revenue and earnings than Hancock.
Hancock pays an annual dividend of $0.96 per share and has a dividend yield of 1.9%. HomeStreet does not pay a dividend.
This table compares HomeStreet and Hancock’s net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
HomeStreet beats Hancock on 8 of the 9 factors compared between the two stocks.
HomeStreet, Inc. operates as the bank holding company for HomeStreet Bank, a state-chartered commercial bank that provides commercial and consumer banking services primarily in the Pacific Northwest, California, and Hawaii. The company operates in two segments, Commercial and Consumer Banking, and Mortgage Banking. The Commercial and Consumer Banking segment offers deposit products; non-deposit investment products; and insurance products and cash management services. It also offers consumer loans, single family residential mortgages, loans secured by commercial real estate, construction loans for residential and commercial real estate projects, commercial business loans, and agricultural loans; and bridge loans and permanent loans primarily on single family residences, as well as on office, retail, industrial, and multifamily property types. This segment provides its products and services through bank branches, lending centers, and ATMs, as well as through online, mobile, and telephone banking. The Mortgage Banking segment originates single family residential mortgage loans for sale in the secondary market. This segment is also involved in the sale of loans on a servicing-released and servicing-retained basis to securitizers and correspondent lenders. As of December 31, 2018, it had a network of 60 retail deposit branches located in Washington state, Southern California, the Portland, Oregon, and Hawaii; and 32 primary stand-alone home loan centers and 6 primary commercial lending centers. The company was formerly known as Continental Mortgage and Loan Company. HomeStreet, Inc. was founded in 1921 and is headquartered in Seattle, Washington.
Hancock Holding Company operates as the bank holding company for Whitney Bank that provides a range of community banking services to commercial, small business, and retail customers. The company offers various deposit products, including noninterest-bearing demand deposits, interest-bearing transaction accounts, savings accounts, money market deposit accounts, and time deposit accounts. It also provides commercial and industrial; commercial real estate; construction and land development; and residential mortgages, including fixed and adjustable rate loans; and consumer loans comprising second lien mortgage home loans, home equity lines of credit, and nonresidential consumer purpose loans. In addition, the company offers treasury management services, investment brokerage services, letters of credit and financial guarantees, and revolving credit facilities. Further, it provides trust and investment management services to retirement plans, corporations, and individuals. Additionally, the company provides insurance agency services, discount investment brokerage services, life insurance, and consumer financing services, as well as operates and sells foreclosed assets. It operates approximately 237 full service banking and financial services offices and 277 automated teller machines in Gulf south corridor, south Mississippi; southern and central Alabama; southern Louisiana; the northern, central, and Panhandle regions of Florida; and Houston, Texas under the Hancock and Whitney Bank brand names, as well as operates a loan production office in Nashville, Tennessee. Hancock Holding Company was founded in 1883 and is headquartered in Gulfport, Mississippi.
Receive News & Ratings for HomeStreet Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for HomeStreet and related companies with MarketBeat.com's FREE daily email newsletter.