Cantor Fitzgerald keeps Neutral on Home Bancshares stock at $31

Cantor Fitzgerald has kept its Neutral rating on Home Bancshares (NYSE:HOMB) stock with a price target of $31.00. The company's stock is currently trading at $28.29, with a market capitalization of $5.66 billion. Cantor Fitzgerald's analysis indicates the bank is undervalued, placing it among stocks on the Most Undervalued list.

The bank reported adjusted and diluted earnings per share of $0.65 for the latest quarter. However, Cantor Fitzgerald's core earnings per share estimate of $0.64 fell short of expectations, aligning with consensus non-GAAP earnings per share of $0.64. Analysts viewed the third-quarter 2026 performance as mixed, with solid expense control and credit trends exceeding estimates and consensus, but weaker net interest income, balance sheet trends, and non-interest income trends.

Cantor Fitzgerald expects the shares could underperform banks due to these key misses in net interest income, fees, and balance sheet growth trends. Despite these near-term challenges, the bank maintains a 3.25% dividend yield, which has been increased for 12 consecutive years. Home Bancshares recently reported second-quarter earnings and revenue that surpassed Wall Street expectations, with an adjusted EPS of $0.64, beating the forecast of $0.6109, and revenue of $295.1 million, higher than the expected $289.22 million.

The company's acquisition of Mountain Commerce Bank contributed to record profitability and faster-than-anticipated benefits. Analyst ratings from Benchmark and StoneX also reflect a Hold rating on Home Bancshares, with revised fiscal 2026 and 2027 earnings estimates of $2.53 and $2.62 per share, respectively.