Hilltop (NYSE:HTH - Get Free Report) is set to announce its earnings results after the market closes on Thursday, October 24th. Analysts expect Hilltop to post earnings of $0.39 per share for the quarter. Parties that are interested in participating in the company's conference call can do so using this link.
Hilltop (NYSE:HTH - Get Free Report) last released its quarterly earnings results on Thursday, July 25th. The financial services provider reported $0.31 EPS for the quarter, beating the consensus estimate of $0.26 by $0.05. Hilltop had a net margin of 7.10% and a return on equity of 5.30%. The business had revenue of $297.00 million for the quarter, compared to analysts' expectations of $283.22 million. During the same period in the prior year, the firm earned $0.28 earnings per share. Hilltop's revenue was down 3.9% compared to the same quarter last year. On average, analysts expect Hilltop to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.
NYSE:HTH opened at $32.57 on Thursday. The stock's fifty day moving average price is $31.72 and its two-hundred day moving average price is $31.24. The company has a market cap of $2.13 billion, a price-to-earnings ratio of 19.05 and a beta of 1.13. Hilltop has a 52-week low of $26.78 and a 52-week high of $35.66.
The company also recently declared a quarterly dividend, which was paid on Friday, August 30th. Stockholders of record on Friday, August 16th were paid a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a dividend yield of 2.09%. The ex-dividend date was Friday, August 16th. Hilltop's dividend payout ratio (DPR) is presently 39.77%.
Several analysts have weighed in on HTH shares. Keefe, Bruyette & Woods boosted their price objective on Hilltop from $33.00 to $35.00 and gave the stock a "market perform" rating in a report on Monday, July 29th. StockNews.com raised shares of Hilltop from a "sell" rating to a "hold" rating in a research note on Thursday, October 10th. Finally, Stephens raised their price objective on shares of Hilltop from $33.00 to $34.00 and gave the company an "equal weight" rating in a research note on Tuesday, July 30th. Four analysts have rated the stock with a hold rating, According to data from MarketBeat.com, Hilltop currently has an average rating of "Hold" and a consensus target price of $34.50.
Check Out Our Latest Research Report on Hilltop
In related news, Director Hill A. Feinberg sold 17,157 shares of the business's stock in a transaction that occurred on Thursday, August 29th. The shares were sold at an average price of $32.99, for a total transaction of $566,009.43. Following the completion of the transaction, the director now owns 544,979 shares in the company, valued at approximately $17,978,857.21. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 28.90% of the company's stock.
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.
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