Heartland BancCorp (OTCMKTS:HLAN) Issues Quarterly Earnings Results, Beats Expectations By $1.22 EPS

Heartland BancCorp (OTCMKTS:HLAN) announced its earnings results on Monday. The bank reported $2.87 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.65 by $1.22, MarketWatch Earnings reports.

Shares of HLAN opened at $87.50 on Thursday. Heartland BancCorp has a 52-week low of $53.60 and a 52-week high of $96.00. The business’s 50 day moving average price is $82.61 and its two-hundred day moving average price is $72.07. The firm has a market cap of $174.39 million, a PE ratio of 14.25 and a beta of 0.86.

The firm also recently declared a dividend, which was paid on Sunday, January 10th. Shareholders of record on Thursday, December 24th were paid a $2.28 dividend. This represents a yield of 3.21%. The ex-dividend date of this dividend was Wednesday, December 23rd. Heartland BancCorp’s dividend payout ratio (DPR) is presently 35.35%.

Separately, Zacks Investment Research upgraded Heartland BancCorp from a “hold” rating to a “buy” rating and set a $98.00 target price on the stock in a report on Wednesday.

About Heartland BancCorp

Heartland BancCorp operates as the bank holding company for Heartland Bank that provides various commercial, small business, and consumer banking services; alternative investment services; and other financial products and services in Fairfield, Franklin, and Licking Counties of Central Ohio. The company offers personal and business checking and savings accounts.

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Earnings History for Heartland BancCorp (OTCMKTS:HLAN)

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