Hilltop (HTH) Projected to Post Quarterly Earnings on Thursday

Hilltop (NYSE:HTH) is expected to be announcing its earnings results before the market opens on Thursday, January 23rd. Analysts expect the company to announce earnings of $0.29 per share and revenue of $104,000.00 billion for the quarter. Parties interested in listening to the company’s conference call can do so using this link.

Hilltop (NYSE:HTH) last posted its quarterly earnings data on Thursday, October 24th. The financial services provider reported $0.46 EPS for the quarter, topping analysts’ consensus estimates of $0.37 by $0.09. The company had revenue of $411.49 million for the quarter, compared to analyst estimates of $302.29 million. Hilltop had a return on equity of 4.90% and a net margin of 6.65%. During the same period in the previous year, the firm earned $0.57 earnings per share. On average, analysts expect Hilltop to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Hilltop Stock Performance

NYSE:HTH opened at $28.84 on Tuesday. The company has a market capitalization of $1.87 billion, a PE ratio of 17.69 and a beta of 1.15. Hilltop has a fifty-two week low of $26.67 and a fifty-two week high of $35.32. The company has a 50 day simple moving average of $30.24 and a two-hundred day simple moving average of $31.33.

Hilltop Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, November 22nd. Stockholders of record on Friday, November 8th were given a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a dividend yield of 2.36%. The ex-dividend date of this dividend was Friday, November 8th. Hilltop’s dividend payout ratio (DPR) is presently 41.72%.

Analyst Ratings Changes

A number of brokerages have weighed in on HTH. StockNews.com upgraded Hilltop from a “sell” rating to a “hold” rating in a report on Thursday, October 10th. Keefe, Bruyette & Woods lifted their target price on Hilltop from $34.00 to $35.00 and gave the stock a “market perform” rating in a report on Wednesday, December 4th. Finally, Raymond James downgraded shares of Hilltop from a “market perform” rating to an “underperform” rating in a research report on Thursday, December 19th. One investment analyst has rated the stock with a sell rating and three have given a hold rating to the stock. According to data from MarketBeat, Hilltop currently has a consensus rating of “Hold” and a consensus price target of $34.50.

Insiders Place Their Bets

In other news, CEO Martin Bradley Winges sold 30,851 shares of Hilltop stock in a transaction dated Thursday, November 7th. The shares were sold at an average price of $32.61, for a total transaction of $1,006,051.11. Following the completion of the transaction, the chief executive officer now directly owns 77,748 shares in the company, valued at $2,535,362.28. This trade represents a 28.41 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Keith E. Bornemann sold 2,500 shares of the company’s stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of $32.00, for a total transaction of $80,000.00. Following the completion of the sale, the chief accounting officer now owns 9,124 shares in the company, valued at $291,968. This represents a 21.51 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 29.30% of the company’s stock.

Hilltop Company Profile

Hilltop Holdings Inc provides business and consumer banking services. It operates through three segments: Banking, Broker-Dealer, and Mortgage Origination. The Banking segment offers savings, checking, interest-bearing checking, and money market accounts; certificates of deposit; lines and letters of credit, home improvement and equity loans, loans for purchasing and carrying securities, term, agricultural and commercial real estate, equipment loans, and other lending products; and mortgage, commercial and industrial loans, and term and construction finance.