HBT Financial (HBT) to Release Earnings on Monday

HBT Financial (NASDAQ:HBT) will be releasing its earnings data before the market opens on Monday, October 21st. Analysts expect HBT Financial to post earnings of $0.58 per share for the quarter.

HBT Financial (NASDAQ:HBT) last posted its quarterly earnings data on Monday, July 22nd. The company reported $0.57 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.56 by $0.01. The firm had revenue of $72.43 million for the quarter, compared to the consensus estimate of $56.82 million. HBT Financial had a return on equity of 15.53% and a net margin of 25.61%. During the same quarter in the previous year, the business earned $0.58 EPS. On average, analysts expect HBT Financial to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

HBT Financial Price Performance

HBT stock opened at $22.01 on Monday. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 0.21. The company has a market capitalization of $695.32 million, a PE ratio of 9.74 and a beta of 0.86. HBT Financial has a 12-month low of $17.69 and a 12-month high of $24.85. The business’s fifty day moving average price is $21.67 and its 200 day moving average price is $20.51.

HBT Financial Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, August 13th. Investors of record on Tuesday, August 6th were issued a $0.19 dividend. The ex-dividend date of this dividend was Tuesday, August 6th. This represents a $0.76 annualized dividend and a dividend yield of 3.45%. HBT Financial’s dividend payout ratio is presently 33.63%.

Insider Transactions at HBT Financial

In other news, Director Patrick F. Busch sold 11,555 shares of the company’s stock in a transaction dated Wednesday, July 24th. The stock was sold at an average price of $24.09, for a total transaction of $278,359.95. Following the completion of the transaction, the director now directly owns 190,000 shares of the company’s stock, valued at approximately $4,577,100. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 59.80% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently issued reports on HBT. DA Davidson downgraded HBT Financial from a “buy” rating to a “neutral” rating and cut their price objective for the company from $26.00 to $24.00 in a report on Wednesday, September 25th. Keefe, Bruyette & Woods reissued an “outperform” rating and set a $27.00 target price (up from $25.00) on shares of HBT Financial in a research note on Tuesday, July 23rd. Piper Sandler boosted their target price on HBT Financial from $21.50 to $25.00 and gave the stock a “neutral” rating in a research note on Tuesday, July 23rd. Finally, JPMorgan Chase & Co. boosted their target price on HBT Financial from $21.00 to $24.00 and gave the stock an “underweight” rating in a research note on Tuesday, July 23rd. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the company. According to data from MarketBeat.com, HBT Financial presently has a consensus rating of “Hold” and a consensus price target of $24.60.

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.