HBT Financial (HBT) is expected to release quarterly results on Monday
HBT Financial (NASDAQ:HBT – Get Rating) will release its quarterly results before market open on Monday, April 25. Analysts expect HBT Financial to post earnings of $0.41 per share for the quarter.
HBT Financial (NASDAQ:HBT – Get Rating) last released its results on Thursday, January 27. The company reported EPS of $0.49 for the quarter, beating the consensus estimate of $0.42 by $0.07. HBT Financial had a net margin of 33.99% and a return on equity of 14.94%. The company posted revenue of $42.21 million in the quarter, compared to analyst estimates of $40.41 million. On average, analysts expect HBT Financial to post EPS of $2 for the current fiscal year and EPS of $2 for the next fiscal year.
HBT stock opened at $18.31 on Monday. HBT Financial has a 12-month low of $14.19 and a 12-month high of $19.99. The company has a market capitalization of $530.68 million, a PE ratio of 9.06 and a beta of 1.32. The company has a 50-day simple moving average of $18.86 and a 200-day simple moving average of $18.53. The company has a debt ratio of 0.19, a current ratio of 0.76 and a quick ratio of 0.76.
The company also recently declared a quarterly dividend, which was paid on Tuesday, February 15. Investors of record on Tuesday, February 8 received a dividend of $0.16. This represents an annualized dividend of $0.64 and a dividend yield of 3.50%. The ex-dividend date was Monday, February 7. This is an increase from HBT Financial’s previous quarterly dividend of $0.15. HBT Financial’s dividend payout ratio is 31.68%.
Separately, Zacks Investment Research upgraded shares of HBT Financial from a “hold” rating to a “buy” rating and set a price target of $21.00 for the company in a research report on Wednesday, December 29. .
Several large investors have recently changed their holdings in HBT. Citigroup Inc. raised its position in HBT Financial shares by 140.0% in the fourth quarter. Citigroup Inc. now owns 2,734 shares of the company valued at $51,000 after acquiring 1,595 additional shares in the last quarter. Deutsche Bank AG increased its stake in HBT Financial by 18.8% in the fourth quarter. Deutsche Bank AG now owns 6,560 shares of the company valued at $123,000 after purchasing an additional 1,040 shares during the period. Bank of America Corp DE increased its stake in HBT Financial by 62.5% in Q4. Bank of America Corp DE now owns 9,186 shares of the company valued at $172,000 after purchasing an additional 3,534 shares during the period. Millennium Management LLC acquired a new position in HBT Financial in Q3 valued at approximately $275,000. Finally, Invesco Ltd. increased its stake in HBT Financial by 5.6% in the third quarter. Invesco Ltd. now owns 22,823 shares of the company valued at $355,000 after purchasing an additional 1,203 shares during the period. Institutional investors and hedge funds own 26.26% of the company’s shares.
HBT Financial Company Profile (Get a rating)
HBT Financial, Inc operates as a bank holding company for Heartland Bank and Trust Company which provides corporate, commercial and retail banking products and services to individuals, businesses and municipal entities. The Company’s deposit accounts consist of non-interest bearing demand deposits, interest bearing transaction accounts, money market accounts, savings accounts, certificates of deposit, health savings accounts and individual retirement accounts.
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