Heartland Financial USA, Inc. (NASDAQ:HTLF) – Research analysts at B. Riley issued their Q2 2018 earnings estimates for shares of Heartland Financial USA in a research report issued on Thursday. B. Riley analyst S. Moss anticipates that the bank will post earnings of $0.97 per share for the quarter. B. Riley currently has a “Hold” rating and a $50.00 target price on the stock. B. Riley also issued estimates for Heartland Financial USA’s Q3 2018 earnings at $1.02 EPS, Q4 2018 earnings at $1.03 EPS, FY2018 earnings at $3.90 EPS, Q1 2019 earnings at $1.00 EPS, Q2 2019 earnings at $1.10 EPS and Q3 2019 earnings at $1.10 EPS.

Heartland Financial USA (NASDAQ:HTLF) last released its quarterly earnings data on Monday, October 30th. The bank reported $0.72 earnings per share for the quarter, meeting the consensus estimate of $0.72. The company had revenue of $109.12 million during the quarter, compared to analyst estimates of $115.81 million. Heartland Financial USA had a net margin of 18.14% and a return on equity of 9.77%. Heartland Financial USA’s revenue for the quarter was up 12.6% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.81 EPS.

Other analysts have also issued research reports about the stock. UBS Group lowered shares of Heartland Financial USA from a “strong-buy” rating to an “outperform” rating in a research note on Tuesday, January 9th. FBR & Co set a $50.00 price target on shares of Heartland Financial USA and gave the company a “hold” rating in a research note on Tuesday, October 31st. BidaskClub upgraded shares of Heartland Financial USA from a “hold” rating to a “buy” rating in a research note on Monday, December 18th. Piper Jaffray Companies restated a “buy” rating and set a $57.00 price target on shares of Heartland Financial USA in a research note on Thursday, December 14th. Finally, Zacks Investment Research upgraded shares of Heartland Financial USA from a “hold” rating to a “strong-buy” rating and set a $61.00 price target for the company in a research note on Tuesday, December 19th. Five equities research analysts have rated the stock with a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus target price of $54.50.

Shares of Heartland Financial USA (NASDAQ HTLF) opened at $55.00 on Monday. The company has a market cap of $1,647.20, a price-to-earnings ratio of 18.64, a price-to-earnings-growth ratio of 1.47 and a beta of 0.69. The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.78 and a current ratio of 0.78. Heartland Financial USA has a one year low of $42.10 and a one year high of $56.40.

The firm also recently declared a None dividend, which was paid on Friday, December 29th. Shareholders of record on Friday, December 22nd were paid a dividend of $0.07 per share. This represents a yield of 0.86%. The ex-dividend date of this dividend was Thursday, December 21st. This is a positive change from Heartland Financial USA’s previous None dividend of $0.05. Heartland Financial USA’s payout ratio is 14.92%.

A number of hedge funds have recently made changes to their positions in the business. Dimensional Fund Advisors LP boosted its holdings in Heartland Financial USA by 5.5% during the 3rd quarter. Dimensional Fund Advisors LP now owns 1,062,166 shares of the bank’s stock worth $52,471,000 after acquiring an additional 55,543 shares during the last quarter. Vanguard Group Inc. boosted its holdings in Heartland Financial USA by 5.2% during the 2nd quarter. Vanguard Group Inc. now owns 1,026,054 shares of the bank’s stock worth $48,327,000 after acquiring an additional 50,528 shares during the last quarter. Northern Trust Corp boosted its holdings in Heartland Financial USA by 1.9% during the 2nd quarter. Northern Trust Corp now owns 942,750 shares of the bank’s stock worth $44,403,000 after acquiring an additional 17,570 shares during the last quarter. State Street Corp boosted its holdings in Heartland Financial USA by 48.1% during the 2nd quarter. State Street Corp now owns 626,086 shares of the bank’s stock worth $29,489,000 after acquiring an additional 203,277 shares during the last quarter. Finally, Allianz Asset Management GmbH boosted its holdings in Heartland Financial USA by 3.9% during the 3rd quarter. Allianz Asset Management GmbH now owns 558,970 shares of the bank’s stock worth $27,613,000 after acquiring an additional 21,070 shares during the last quarter. Institutional investors and hedge funds own 47.88% of the company’s stock.

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About Heartland Financial USA

Heartland Financial USA, Inc (Heartland) is a diversified financial services company engaged in providing banking, mortgage, private client, investment, treasury management, card services, insurance, and consumer finance services to individuals and businesses. Its segments include community and other banking, and retail mortgage banking.

Earnings History and Estimates for Heartland Financial USA (NASDAQ:HTLF)

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