Is it time to Buy before this week’s earning report HMN Financial (NASDAQ:HMNF)

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Earnings results for HMN Financial (NASDAQ:HMNF)

HMN Financial, Inc. is estimated to report earnings on 10/15/2020. The upcoming earnings date is derived from an algorithm based on a company’s historical reporting dates. Our vendor, Zacks Investment Research, might revise this date in the future, once the company announces the actual earnings date. The reported EPS for the same quarter last year was $0.45.

HMN Financial last posted its earnings results on July 20th, 2020. The bank reported $0.58 earnings per share (EPS) for the quarter. The company had revenue of $10.73 million for the quarter. HMN Financial has generated $0.00 earnings per share over the last year and currently has a price-to-earnings ratio of 8.4. HMN Financial has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Thursday, October 15th, 2020 based off prior year’s report dates.

Analyst Opinion on HMN Financial (NASDAQ:HMNF)

Dividend Strength: HMN Financial (NASDAQ:HMNF)

HMN Financial does not currently pay a dividend. HMN Financial does not have a long track record of dividend growth.

Insiders buying/selling: HMN Financial (NASDAQ:HMNF)

In the past three months, HMN Financial insiders have not sold or bought any company stock. Only 8.56% of the stock of HMN Financial is held by insiders. 51.93% of the stock of HMN Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Earnings and Valuation of HMN Financial (NASDAQ:HMNF

The P/E ratio of HMN Financial is 8.39, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 19.74. The P/E ratio of HMN Financial is 8.39, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 18.53. HMN Financial has a P/B Ratio of 0.70. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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