Heartland Financial USA (HTLF) Releases Quarterly Earnings, Beats Estimates By $0.05 EPS
Heartland Financial USA (NASDAQ:HTLF) released its earnings data on Monday. The company reported $0.56 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.51 by $0.05, Analyst Ratings Net reports.
Heartland Financial USA (NASDAQ:HTLF) traded up 0.43% on Monday, hitting $23.47. 14,902 shares of the company’s stock traded hands. Heartland Financial USA has a 1-year low of $22.38 and a 1-year high of $30.16. The stock’s 50-day moving average is $24.57 and its 200-day moving average is $25.45. The company has a market cap of $433.1 million and a P/E ratio of 13.75.
The company also recently declared a quarterly dividend, which is scheduled for Friday, September 5th. Shareholders of record on Friday, August 22nd will be given a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 1.72%. The ex-dividend date of this dividend is Wednesday, August 20th.
HTLF has been the subject of a number of recent research reports. Analysts at Zacks upgraded shares of Heartland Financial USA from an “underperform” rating to a “neutral” rating in a research note on Tuesday, July 1st. They now have a $25.30 price target on the stock. Finally, 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.
Heartland Financial USA, Inc (NASDAQ:HTLF) is a multi-bank holding company.
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