Equities research analysts expect Hilltop Holdings Inc. (NYSE:HTH) to post earnings per share of $0.43 for the current quarter, according to Zacks. Three analysts have made estimates for Hilltop’s earnings, with the lowest EPS estimate coming in at $0.34 and the highest estimate coming in at $0.56. Hilltop reported earnings per share of $0.44 in the same quarter last year, which indicates a negative year over year growth rate of 2.3%. The company is expected to issue its next quarterly earnings results on Thursday, January 24th.
On average, analysts expect that Hilltop will report full year earnings of $1.46 per share for the current fiscal year, with EPS estimates ranging from $1.32 to $1.54. For the next financial year, analysts anticipate that the business will report earnings of $1.69 per share, with EPS estimates ranging from $1.60 to $1.87. Zacks’ EPS averages are an average based on a survey of research analysts that cover Hilltop.
Hilltop (NYSE:HTH) last announced its earnings results on Thursday, October 25th. The financial services provider reported $0.38 earnings per share for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.06). The company had revenue of $380.04 million for the quarter, compared to analysts’ expectations of $385.07 million. Hilltop had a net margin of 6.55% and a return on equity of 7.00%.
A number of equities research analysts have recently issued reports on HTH shares. SunTrust Banks cut their price objective on shares of Hilltop from $25.00 to $24.00 and set a “buy” rating for the company in a research report on Monday, October 29th. Stephens set a $24.00 price objective on shares of Hilltop and gave the company a “hold” rating in a research report on Friday, October 26th. Zacks Investment Research reissued a “hold” rating on shares of Hilltop in a research report on Tuesday, November 13th. Raymond James raised shares of Hilltop from an “underperform” rating to a “market perform” rating in a research report on Monday, October 29th. Finally, ValuEngine raised shares of Hilltop from a “strong sell” rating to a “sell” rating in a research report on Friday, August 17th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and two have assigned a buy rating to the company’s stock. Hilltop presently has a consensus rating of “Hold” and a consensus price target of $26.60.
Shares of HTH stock traded down $0.05 during mid-day trading on Monday, reaching $18.09. 226,905 shares of the company’s stock traded hands, compared to its average volume of 354,363. Hilltop has a 12 month low of $17.16 and a 12 month high of $28.32. The company has a debt-to-equity ratio of 0.03, a current ratio of 0.98 and a quick ratio of 0.85. The company has a market cap of $1.72 billion, a price-to-earnings ratio of 10.90 and a beta of 0.79.
The firm also recently disclosed a quarterly dividend, which was paid on Friday, November 30th. Stockholders of record on Thursday, November 15th were given a dividend of $0.07 per share. This represents a $0.28 dividend on an annualized basis and a dividend yield of 1.55%. The ex-dividend date was Wednesday, November 14th. Hilltop’s payout ratio is 16.87%.
In other news, insider Hill A. Feinberg sold 51,000 shares of the business’s stock in a transaction on Tuesday, November 13th. The shares were sold at an average price of $19.87, for a total transaction of $1,013,370.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 22.30% of the company’s stock.
Institutional investors have recently modified their holdings of the stock. UBS Group AG boosted its holdings in Hilltop by 1,254.2% in the 1st quarter. UBS Group AG now owns 6,771 shares of the financial services provider’s stock worth $159,000 after buying an additional 6,271 shares during the period. SG Americas Securities LLC boosted its holdings in Hilltop by 44.8% in the 2nd quarter. SG Americas Securities LLC now owns 9,928 shares of the financial services provider’s stock worth $219,000 after buying an additional 3,071 shares during the period. Janus Henderson Group PLC bought a new position in Hilltop in the 3rd quarter worth $231,000. Trexquant Investment LP bought a new position in Hilltop in the 3rd quarter worth $231,000. Finally, Alpine Woods Capital Investors LLC bought a new position in Hilltop in the 2nd quarter worth $243,000. 59.99% of the stock is owned by institutional investors.
Hilltop Company Profile
Hilltop Holdings Inc provides banking and financial products and services. Its 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, equipment loans and leases, agricultural and commercial real estate loans, and other loans; and commercial, industrial, and single family residential mortgage loans.
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