Share on StockTwits

Heartland Financial USA (NASDAQ:HTLF) was upgraded by Zacks from an “underperform” rating to a “neutral” rating in a research report issued to clients and investors on Tuesday. The firm currently has a $25.30 price target on the stock. Zacks‘s target price suggests a potential upside of 0.08% from the stock’s previous close.

Shares of Heartland Financial USA (NASDAQ:HTLF) traded up 2.22% on Tuesday, hitting $25.28. 41,285 shares of the company’s stock traded hands. Heartland Financial USA has a one year low of $22.38 and a one year high of $30.99. The stock has a 50-day moving average of $24.51 and a 200-day moving average of $25.97. The company has a market cap of $466.5 million and a price-to-earnings ratio of 14.55.

Heartland Financial USA (NASDAQ:HTLF) last released its quarterly earnings data on Monday, April 28th. The company reported $0.36 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.46 by $0.10. During the same quarter last year, the company posted $0.70 earnings per share. Analysts expect that Heartland Financial USA will post $1.96 EPS for the current fiscal year.

Other equities research analysts have also recently issued reports about the stock. Analysts at Raymond James reiterated an “outperform” rating on shares of Heartland Financial USA in a research note on Wednesday, April 30th. They now have a $30.00 price target on the stock. Analysts at DA Davidson reiterated a “buy” rating on shares of Heartland Financial USA in a research note on Tuesday, April 29th. They now have a $29.00 price target on the stock.

Heartland Financial USA, Inc (NASDAQ:HTLF) is a multi-bank holding company.

To view Zacks’ full report, visit Zacks’ official website.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.