HMNF Stock Summary and Trading Ideas (HMN Finl | NASDAQ:HMNF)

HMN Financial Inc is a stock savings bank holding company of Home Federal Savings Bank. The bank is engaged in community banking and operates retail banking and loan production facilities in Minnesota, Iowa, and Wisconsin. It is involved in the business of attracting deposits from the general public and businesses and using such deposits to originate single-family residential, commercial real estate, and multi-family mortgage loans as well as consumer, construction, and commercial business loans. The bank also invests in mortgage-backed and related securities, U.S. government agency obligations, and other permissible investments. Its products and services include checking and savings accounts, cash deposits, online services, and credit cards among others.

HMN Finl trades on the NASDAQ stock market under the symbol HMNF.

As of April 19, 2024, HMNF stock price was flat at $19.75 with 268 million shares trading.

HMNF has a market cap of $88.14 million. This is considered a Micro Cap stock.

In the last 3 years, HMNF stock traded as high as $25.98 and as low as $17.31.

The top ETF exchange traded funds that HMNF belongs to (by Net Assets): VXF, BSVO, DFAT, IWC, DFUV.

HMNF has underperformed the market in the last year with a price return of +6.4% while the SPY ETF gained +21.3%. HMNF has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -10.7% and -4.6%, respectively, while the SPY returned +4.4% and -3.4%, respectively.

HMNF support price is $19.07 and resistance is $20.43 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that HMNF stock will trade within this expected range on the day.