Hilltop (HTH) to Release Earnings on Thursday

Hilltop (NYSE:HTH) is set to post its quarterly earnings results after the market closes on Thursday, April 22nd. Analysts expect Hilltop to post earnings of $1.13 per share for the quarter. Individual that are interested in participating in the company’s earnings conference call can do so using this link.

Hilltop (NYSE:HTH) last issued its earnings results on Thursday, January 28th. The financial services provider reported $1.30 EPS for the quarter, topping analysts’ consensus estimates of $1.27 by $0.03. The company had revenue of $555.30 million for the quarter, compared to analysts’ expectations of $368.50 million. Hilltop had a net margin of 18.09% and a return on equity of 15.34%. During the same quarter last year, the company earned $0.54 EPS. On average, analysts expect Hilltop to post $5 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Shares of NYSE:HTH opened at $32.56 on Wednesday. The stock has a market cap of $2.68 billion, a PE ratio of 7.73 and a beta of 1.20. The company’s fifty day moving average is $35.18 and its 200 day moving average is $28.86. Hilltop has a 52 week low of $12.80 and a 52 week high of $39.60. The company has a quick ratio of 0.81, a current ratio of 1.00 and a debt-to-equity ratio of 0.03.

The firm also recently announced a quarterly dividend, which was paid on Friday, February 26th. Investors of record on Friday, February 12th were given a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 1.47%. The ex-dividend date was Thursday, February 11th. This is a boost from Hilltop’s previous quarterly dividend of $0.08. Hilltop’s dividend payout ratio (DPR) is presently 19.67%.

A number of equities analysts recently commented on HTH shares. Piper Sandler started coverage on shares of Hilltop in a research report on Tuesday. They issued a “neutral” rating and a $36.00 target price on the stock. Zacks Investment Research cut shares of Hilltop from a “buy” rating to a “hold” rating and set a $38.00 target price on the stock. in a research report on Tuesday, March 9th. Compass Point cut shares of Hilltop from a “buy” rating to a “neutral” rating and set a $31.00 target price on the stock. in a research report on Tuesday, February 2nd. Finally, Raymond James lifted their target price on shares of Hilltop from $40.00 to $42.00 and gave the stock an “outperform” rating in a research report on Tuesday, April 13th. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Hilltop presently has an average rating of “Buy” and a consensus price target of $31.29.

In other news, Director Lee Lewis sold 70,000 shares of Hilltop stock in a transaction dated Thursday, March 4th. The shares were sold at an average price of $34.37, for a total transaction of $2,405,900.00. Following the sale, the director now owns 52,782 shares of the company’s stock, valued at approximately $1,814,117.34. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Hill A. Feinberg sold 20,000 shares of Hilltop stock in a transaction dated Tuesday, March 2nd. The shares were sold at an average price of $34.01, for a total transaction of $680,200.00. Following the sale, the director now directly owns 671,537 shares in the company, valued at approximately $22,838,973.37. The disclosure for this sale can be found here. In the last three months, insiders sold 179,567 shares of company stock worth $6,053,411. Insiders own 20.90% of the company’s stock.

Hilltop Company Profile

Hilltop Holdings, Inc engages in the provision of business and consumer banking services. It operates through the following segments: Banking, Broker-Dealer, Mortgage Origination and Insurance. The Banking segment includes business banking, personal banking, wealth and investment management. The Broker-Dealer segment includes the following lines of business: public finance, capital markets, retail, structured finance, clearing services and securities lending.

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Earnings History for Hilltop (NYSE:HTH)

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