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HomeStreet (HMST) Prices 1.82M Common IPO at $44/Share

February 13, 2012 6:54 AM EST
HMST Hot Sheet
Overall Analyst Rating:
    BUY (Up Up)
HomeStreet, Inc. (Nasdaq: HMST), priced its initial public offering of 1,818,181 shares of its common stock, all of which are being sold by HomeStreet at a price to the public of $44 per share. Shares of HomeStreet common stock will trade on the Nasdaq Global Market under the symbol “HMST.” The company has granted the underwriters in the offering the option to purchase up to an additional 272,727 shares of common stock at the initial public offering price to cover over-allotments, if any. The offering is being made through its underwriter and sole book-running manager, FBR Capital Markets & Co.


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