Brokers Offer Predictions for HBT Financial FY2025 Earnings

HBT Financial, Inc. (NASDAQ:HBT) – Equities researchers at DA Davidson upped their FY2025 earnings estimates for shares of HBT Financial in a research report issued to clients and investors on Tuesday, October 22nd. DA Davidson analyst J. Rulis now forecasts that the company will post earnings per share of $2.25 for the year, up from their prior forecast of $2.15. DA Davidson has a “Neutral” rating and a $24.00 price target on the stock. The consensus estimate for HBT Financial’s current full-year earnings is $2.28 per share.

Several other brokerages have also recently weighed in on HBT. Keefe, Bruyette & Woods reissued an “outperform” rating and issued a $27.00 price objective (up previously from $25.00) on shares of HBT Financial in a research note on Tuesday, July 23rd. Piper Sandler reduced their price target on HBT Financial from $25.00 to $24.00 and set a “neutral” rating on the stock in a research report on Tuesday. Finally, JPMorgan Chase & Co. increased their price target on HBT Financial from $21.00 to $24.00 and gave the company an “underweight” rating in a research note on Tuesday, July 23rd. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and an average price target of $24.40.

HBT Financial Trading Down 1.3 %

Shares of NASDAQ HBT opened at $21.29 on Thursday. The firm has a 50 day moving average price of $21.98 and a two-hundred day moving average price of $20.69. The stock has a market cap of $672.57 million, a P/E ratio of 9.42 and a beta of 0.86. HBT Financial has a 52-week low of $17.74 and a 52-week high of $24.85. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.82 and a current ratio of 0.82.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Assenagon Asset Management S.A. increased its stake in HBT Financial by 93.5% in the third quarter. Assenagon Asset Management S.A. now owns 46,800 shares of the company’s stock valued at $1,024,000 after purchasing an additional 22,618 shares in the last quarter. SG Americas Securities LLC acquired a new stake in shares of HBT Financial in the 3rd quarter valued at about $122,000. Hsbc Holdings PLC increased its position in HBT Financial by 3.8% in the 2nd quarter. Hsbc Holdings PLC now owns 14,605 shares of the company’s stock valued at $287,000 after buying an additional 541 shares in the last quarter. Renaissance Technologies LLC raised its stake in HBT Financial by 109.9% during the 2nd quarter. Renaissance Technologies LLC now owns 27,500 shares of the company’s stock worth $562,000 after buying an additional 14,400 shares during the period. Finally, Dimensional Fund Advisors LP boosted its holdings in HBT Financial by 6.9% in the second quarter. Dimensional Fund Advisors LP now owns 406,456 shares of the company’s stock worth $8,298,000 after acquiring an additional 26,135 shares in the last quarter. Institutional investors and hedge funds own 78.55% of the company’s stock.

HBT Financial Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, November 12th. Shareholders of record on Monday, November 4th will be given a dividend of $0.19 per share. The ex-dividend date of this dividend is Monday, November 4th. This represents a $0.76 dividend on an annualized basis and a yield of 3.57%. HBT Financial’s dividend payout ratio (DPR) is currently 33.63%.

HBT Financial Company Profile

HBT Financial, Inc operates as the bank holding company for Heartland Bank and Trust Company that provides business, commercial, and retail banking products and services to individuals, businesses, and municipal entities in Central and Northeastern Illinois, and Eastern Iowa. The company's deposits accounts consist of noninterest-bearing demand deposits, interest-bearing transaction accounts, money market accounts, savings accounts, certificates of deposits, health savings accounts, and individual retirement accounts.