DA Davidson Analysts Increase Earnings Estimates for HTLF

Heartland Financial USA, Inc. (NASDAQ:HTLF) – Equities research analysts at DA Davidson upped their FY2025 earnings per share estimates for Heartland Financial USA in a report issued on Thursday, December 19th. DA Davidson analyst J. Rulis now anticipates that the bank will post earnings of $4.35 per share for the year, up from their prior estimate of $4.20. The consensus estimate for Heartland Financial USA’s current full-year earnings is $4.57 per share.

Separately, StockNews.com began coverage on shares of Heartland Financial USA in a report on Wednesday. They issued a “hold” rating on the stock. Two analysts have rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, Heartland Financial USA has an average rating of “Moderate Buy” and an average target price of $45.60.

Heartland Financial USA Stock Performance

NASDAQ:HTLF opened at $62.31 on Friday. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.76 and a quick ratio of 0.76. The firm has a market cap of $2.67 billion, a price-to-earnings ratio of 34.81 and a beta of 0.97. The firm’s fifty day moving average price is $63.92 and its 200 day moving average price is $55.33. Heartland Financial USA has a 1-year low of $32.03 and a 1-year high of $70.27.

Heartland Financial USA (NASDAQ:HTLF) last issued its quarterly earnings results on Tuesday, October 29th. The bank reported $1.17 earnings per share for the quarter, hitting analysts’ consensus estimates of $1.17. The firm had revenue of $272.79 million during the quarter, compared to analysts’ expectations of $189.51 million. Heartland Financial USA had a net margin of 8.79% and a return on equity of 10.81%. During the same quarter in the prior year, the business earned $1.12 EPS.

Heartland Financial USA Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, November 26th. Investors of record on Tuesday, November 12th were given a $0.30 dividend. The ex-dividend date was Tuesday, November 12th. This represents a $1.20 annualized dividend and a dividend yield of 1.93%. Heartland Financial USA’s dividend payout ratio is presently 67.04%.

Insider Activity at Heartland Financial USA

In other news, EVP Mark A. Frank sold 432 shares of Heartland Financial USA stock in a transaction dated Friday, November 22nd. The shares were sold at an average price of $67.24, for a total transaction of $29,047.68. Following the completion of the sale, the executive vice president now directly owns 1,060 shares in the company, valued at $71,274.40. The trade was a 28.95 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director John K. Schmidt sold 22,500 shares of the business’s stock in a transaction on Monday, November 11th. The shares were sold at an average price of $68.32, for a total value of $1,537,200.00. Following the completion of the transaction, the director now owns 60,541 shares of the company’s stock, valued at $4,136,161.12. This trade represents a 27.10 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 28,743 shares of company stock valued at $1,958,839. Insiders own 1.80% of the company’s stock.

Institutional Investors Weigh In On Heartland Financial USA

A number of institutional investors have recently bought and sold shares of HTLF. USA Financial Formulas boosted its position in Heartland Financial USA by 28.0% during the 3rd quarter. USA Financial Formulas now owns 1,060 shares of the bank’s stock worth $60,000 after purchasing an additional 232 shares during the period. Innealta Capital LLC acquired a new stake in shares of Heartland Financial USA in the second quarter valued at about $83,000. SG Americas Securities LLC purchased a new stake in shares of Heartland Financial USA during the 3rd quarter valued at about $125,000. Blue Trust Inc. grew its position in Heartland Financial USA by 2,193.4% in the third quarter. Blue Trust Inc. now owns 2,775 shares of the bank’s stock valued at $157,000 after acquiring an additional 2,654 shares in the last quarter. Finally, XTX Topco Ltd acquired a new stake in Heartland Financial USA in the second quarter valued at approximately $225,000. 71.55% of the stock is currently owned by hedge funds and other institutional investors.

Heartland Financial USA Company Profile

Heartland Financial USA, Inc, a bank holding company, provides commercial, small business, and consumer banking services to individuals and businesses in the United States. The company accepts various deposit products, including checking, demand deposit accounts, NOW accounts, savings, money market, and individual retirement; certificates of deposit; and other time deposits.