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Zacks: Analysts Anticipate Heartland Monetary USA, Inc. (NASDAQ:HTLF) Will Announce Earnings of $1.20 Per Share

Analysts anticipate that Heartland Monetary USA, Inc. (NASDAQ:HTLF) will announce earnings of $1.20 per share for the present quarter, in response to Zacks Funding Analysis. Two analysts have made estimates for Heartland Monetary USA’s earnings, with the bottom EPS estimate coming in at $1.19 and the very best estimate coming in at $1.22. Heartland Monetary USA reported earnings of $1.02 per share throughout the identical quarter final 12 months, which might point out a optimistic year-over-year progress price of 17.6%. The corporate is anticipated to concern its subsequent quarterly earnings report on Monday, January twenty fourth.

In line with Zacks, analysts anticipate that Heartland Monetary USA will report full 12 months earnings of $5.06 per share for the present fiscal 12 months. For the subsequent fiscal 12 months, analysts forecast that the enterprise will report earnings of $4.58 per share, with EPS estimates starting from $4.35 to $4.90. Zacks’ EPS averages are a median primarily based on a survey of analysis corporations that comply with Heartland Monetary USA.

Heartland Monetary USA (NASDAQ:HTLF) final launched its quarterly earnings outcomes on Sunday, October twenty fourth. The financial institution reported $1.27 EPS for the quarter, topping the Zacks’ consensus estimate of $1.23 by $0.04. Heartland Monetary USA had a return on fairness of 10.55% and a web margin of 29.14%. The corporate had income of $175.27 million for the quarter, in comparison with analyst estimates of $172.82 million. Throughout the identical quarter final 12 months, the agency posted $1.29 earnings per share.

A number of analysis analysts have just lately weighed in on the corporate. Zacks Funding Analysis lower Heartland Monetary USA from a “maintain” score to a “promote” score in a analysis report on Monday, November 1st. Stephens raised Heartland Monetary USA from an “equal weight” score to an “obese” score and set a $60.00 worth goal for the corporate in a analysis report on Tuesday, October twenty sixth. Lastly, Keefe, Bruyette & Woods raised shares of Heartland Monetary USA from a “market carry out” score to an “outperform” score and set a $60.00 worth goal for the corporate in a analysis notice on Tuesday, September seventh.

Shares of NASDAQ HTLF opened at $49.37 on Friday. The corporate has a fifty day shifting common worth of $50.18 and a 200 day shifting common worth of $48.45. The agency has a market cap of $2.09 billion, a PE ratio of 10.16 and a beta of 1.28. The corporate has a present ratio of 0.61, a fast ratio of 0.61 and a debt-to-equity ratio of 0.18. Heartland Monetary USA has a 1-year low of $36.71 and a 1-year excessive of $54.03.

The enterprise additionally just lately introduced a quarterly dividend, which was paid on Tuesday, November thirtieth. Buyers of report on Monday, November fifteenth got a $0.27 dividend. The ex-dividend date of this dividend was Friday, November twelfth. This represents a $1.08 dividend on an annualized foundation and a dividend yield of two.19%. This is a rise from Heartland Monetary USA’s earlier quarterly dividend of $0.25. Heartland Monetary USA’s payout ratio is at the moment 22.22%.

A variety of hedge funds and different institutional buyers have just lately modified their holdings of the inventory. Whittier Belief Co. acquired a brand new place in Heartland Monetary USA through the third quarter price $25,000. Koshinski Asset Administration Inc. acquired a brand new place in shares of Heartland Monetary USA through the third quarter price about $54,000. First Horizon Advisors Inc. raised its holdings in shares of Heartland Monetary USA by 388.7% within the third quarter. First Horizon Advisors Inc. now owns 259 shares of the financial institution’s inventory valued at $61,000 after buying an extra 206 shares through the interval. IMA Wealth Inc. acquired a brand new stake in Heartland Monetary USA within the third quarter valued at about $94,000. Lastly, Amundi Pioneer Asset Administration Inc. acquired a brand new stake in Heartland Monetary USA within the 1st quarter valued at about $124,000. 60.03% of the inventory is owned by hedge funds and different institutional buyers.

About Heartland Monetary USA

Heartland Monetary USA, Inc operates as a financial institution holding firm. The agency gives business banking companies. It additionally engages within the enterprise of neighborhood banking. The corporate was based in 1981 and is headquartered in Dubuque, IA.

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Earnings History and Estimates for Heartland Financial USA (NASDAQ:HTLF)

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