Alert: Major Price Advance (5/15/24)-HMN Financial Inc (NASDAQ: HMNF).

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HMN Financial Inc (NASDAQ: HMNF) stock enjoyed a major increase of 19.2% on 5/15/24. The shares closed at $23.25. Moreover, this advance was accompanied by exceptionally high trading volume at 3067% of normal. The stock has performed in line with the market over the last nine months and has risen 22.9% during the last week.

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Current PriceTarget Research Rating

HMNF’s future returns on capital are forecasted to be in line with the cost of capital. Accordingly, the company is expected to continue to be Value Creation neutral.

HMN Financial has a current Value Trend Rating of C (Low Neutral). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. HMN Financial has a neutral Power Rating of 46 and a neutral Appreciation Score of 43, triggering the Low Neutral Value Trend Rating.

Rating Review

In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.

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