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The latest announcement is out from HomeStreet ( (HMST) ).
On August 21, 2025, HomeStreet, Inc. held a special meeting of its shareholders to discuss proposals related to a merger agreement with Mechanics Bank, a California banking corporation. The proposals included amending HomeStreet’s articles of incorporation to change its name to Mechanics Bancorp, increase authorized shares, and authorize two classes of common stock, indicating significant strategic changes for the company.
The most recent analyst rating on (HMST) stock is a Hold with a $14.00 price target. To see the full list of analyst forecasts on HomeStreet stock, see the HMST Stock Forecast page.
Spark’s Take on HMST Stock
According to Spark, TipRanks’ AI Analyst, HMST is a Neutral.
HomeStreet’s overall stock score is impacted mainly by its weak financial performance, characterized by declining profitability, high leverage, and cash flow issues. Technical analysis provides some positive momentum, but valuation concerns due to a negative P/E ratio and no dividend yield further dampen the score. The absence of earnings call and corporate event data limits additional assessment.
To see Spark’s full report on HMST stock, click here.
More about HomeStreet
HomeStreet, Inc. is a Washington-based corporation operating in the banking industry. It provides commercial banking services through its wholly owned subsidiary, HomeStreet Bank, which is a Washington state-chartered commercial bank.
Average Trading Volume: 76,442
Technical Sentiment Signal: Buy
Current Market Cap: $258.5M
Learn more about HMST stock on TipRanks’ Stock Analysis page.