HopFed Bancorp, Inc. (HFBC) Set to Announce Earnings on Monday
HopFed Bancorp, Inc. (NASDAQ:HFBC) will be releasing its earnings data on Monday, October 30th. Analysts expect HopFed Bancorp to post earnings of $0.16 per share for the quarter.
HopFed Bancorp (NASDAQ:HFBC) last issued its quarterly earnings results on Thursday, July 27th. The savings and loans company reported $0.18 EPS for the quarter, beating analysts’ consensus estimates of $0.15 by $0.03. The company had revenue of $8.80 million for the quarter, compared to analyst estimates of $8.86 million. HopFed Bancorp had a return on equity of 4.74% and a net margin of 10.26%. On average, analysts expect HopFed Bancorp to post $0.70 EPS for the current fiscal year and $0.74 EPS for the next fiscal year.
HopFed Bancorp, Inc. (NASDAQ:HFBC) opened at 14.40 on Monday. The stock’s 50 day moving average price is $14.25 and its 200-day moving average price is $14.41. HopFed Bancorp, Inc. has a one year low of $11.00 and a one year high of $15.45. The firm has a market capitalization of $89.68 million, a price-to-earnings ratio of 21.46 and a beta of 0.12.
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, October 23rd. Shareholders of record on Wednesday, October 4th will be given a $0.05 dividend. The ex-dividend date is Tuesday, October 3rd. This represents a $0.20 annualized dividend and a yield of 1.39%. HopFed Bancorp’s payout ratio is 29.85%.
Separately, Zacks Investment Research upgraded HopFed Bancorp from a “sell” rating to a “hold” rating in a research report on Wednesday, July 12th.
In other news, Director Clay Smith bought 4,500 shares of the company’s stock in a transaction dated Thursday, September 21st. The stock was bought at an average price of $14.20 per share, for a total transaction of $63,900.00. Following the completion of the transaction, the director now directly owns 16,580 shares in the company, valued at approximately $235,436. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. In the last 90 days, insiders have bought 4,688 shares of company stock valued at $66,557. 4.30% of the stock is currently owned by corporate insiders.
An institutional investor recently raised its position in HopFed Bancorp stock. Northern Trust Corp lifted its position in shares of HopFed Bancorp, Inc. (NASDAQ:HFBC) by 2.5% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 11,505 shares of the savings and loans company’s stock after acquiring an additional 278 shares during the quarter. Northern Trust Corp owned approximately 0.18% of HopFed Bancorp worth $165,000 at the end of the most recent reporting period. Institutional investors own 46.91% of the company’s stock.
HopFed Bancorp Company Profile
HopFed Bancorp, Inc is a savings and loan holding company that operates through its subsidiary, Heritage Bank USA, Inc (the Bank). The Bank is a Kentucky state chartered commercial bank based in Hopkinsville, Kentucky, with branch offices in Kentucky and Tennessee. The business of the Bank primarily consists of attracting deposits from the general public and investing such deposits in loans secured by single family residential real estate and investment securities, including United States Government and agency securities, municipal and corporate bonds, collateralized mortgages obligations (CMOs), and mortgage-backed securities.
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