Heartland Financial USA (HTLF) Projected to Post Earnings on Monday

Heartland Financial USA (NASDAQ:HTLF) is anticipated to release its earnings data before the market opens on Monday, February 3rd. Analysts expect Heartland Financial USA to post earnings of $1.06 per share and revenue of $178.28 million for the quarter.

Heartland Financial USA (NASDAQ:HTLF) last released its quarterly earnings results on Tuesday, October 29th. The bank reported $1.17 EPS for the quarter, meeting the consensus estimate of $1.17. Heartland Financial USA had a net margin of 8.79% and a return on equity of 10.81%. The business had revenue of $272.79 million for the quarter, compared to analyst estimates of $189.51 million. During the same period in the prior year, the business earned $1.12 earnings per share. On average, analysts expect Heartland Financial USA to post $5 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Heartland Financial USA Trading Down 2.2 %

Shares of Heartland Financial USA stock opened at $64.67 on Friday. Heartland Financial USA has a 1 year low of $32.03 and a 1 year high of $70.27. 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 business has a 50 day moving average price of $64.78 and a 200 day moving average price of $59.43. The company has a market capitalization of $2.77 billion, a P/E ratio of 36.13 and a beta of 0.98.

Heartland Financial USA Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, January 27th. Shareholders of record on Tuesday, January 14th were given a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 1.86%. The ex-dividend date of this dividend was Tuesday, January 14th. Heartland Financial USA’s payout ratio is 67.04%.

Insider Buying and Selling

In related news, Director John K. Schmidt sold 22,500 shares of the stock in a transaction on Monday, November 11th. The stock was sold at an average price of $68.32, for a total value of $1,537,200.00. Following the completion of the sale, the director now directly owns 60,541 shares in the company, valued at approximately $4,136,161.12. This represents a 27.10 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Jennifer K. Hopkins sold 5,811 shares of the company’s stock in a transaction that occurred on Monday, December 9th. The stock was sold at an average price of $67.56, for a total value of $392,591.16. Following the completion of the transaction, the director now owns 6,963 shares of the company’s stock, valued at approximately $470,420.28. This represents a 45.49 % decrease in their position. The disclosure for this sale can be found here. Over 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.

Analyst Ratings Changes

Separately, StockNews.com initiated coverage on shares of Heartland Financial USA in a report on Friday, January 3rd. They set a “hold” rating for the company.

About Heartland Financial USA

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.