Zacks Research Has Negative Forecast for Hilltop Q3 Earnings

Hilltop Holdings Inc. (NYSE:HTH) – Research analysts at Zacks Research lowered their Q3 2027 EPS estimates for Hilltop in a report released on Thursday, October 8th. Zacks Research analyst Team now expects that the financial services provider will earn $0.64 per share for the quarter, down from their prior forecast of $0.67. Zacks Research has a “Hold” rating on the stock. The consensus estimate for Hilltop’s current full-year earnings is $2.55 per share. Zacks Research also issued estimates for Hilltop’s FY2027 earnings at $2.34 EPS, Q1 2028 earnings at $0.48 EPS, Q2 2028 earnings at $0.59 EPS and Q3 2028 earnings at $0.65 EPS.

HTH has been the topic of several other research reports. Keefe, Bruyette & Woods boosted their target price on Hilltop from $40.00 to $42.00 and gave the company a “market perform” rating in a research report on Wednesday, August 5th. Raymond James Financial downgraded Hilltop from a “market perform” rating to an “underperform” rating in a research report on Tuesday. Weiss Ratings lowered shares of Hilltop from a “buy (b+)” rating to a “buy (b)” rating in a research note on Tuesday. Finally, Piper Sandler reiterated a “neutral” rating and set a $42.00 price objective on shares of Hilltop in a research report on Tuesday, July 28th. One equities research analyst has rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Hilltop presently has an average rating of “Hold” and an average price target of $40.00.

Hilltop Price Performance

NYSE:HTH opened at $36.71 on Friday. The firm has a market capitalization of $2.10 billion, a price-to-earnings ratio of 13.60 and a beta of 0.89. Hilltop has a 1 year low of $30.78 and a 1 year high of $40.41. The business has a 50 day simple moving average of $38.64 and a 200-day simple moving average of $37.98.

Hilltop (NYSE:HTH) last issued its quarterly earnings data on Thursday, July 23rd. The financial services provider reported $0.63 EPS for the quarter, topping analysts’ consensus estimates of $0.49 by $0.14. The business had revenue of $315.81 million during the quarter, compared to analysts’ expectations of $306.18 million. Hilltop had a net margin of 10.17% and a return on equity of 7.40%. During the same period last year, the company posted $0.57 EPS.

Hilltop Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, August 21st. Stockholders of record on Friday, August 7th were issued a $0.22 dividend. The ex-dividend date was Friday, August 7th. This is a boost from Hilltop’s previous quarterly dividend of $0.20. This represents a $0.88 dividend on an annualized basis and a dividend yield of 2.4%. Hilltop’s dividend payout ratio (DPR) is currently 32.59%.

Insider Buying and Selling

In related news, Director Rhodes Bobbitt sold 20,000 shares of the firm’s stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $40.12, for a total value of $802,400.00. Following the transaction, the director owned 56,096 shares of the company’s stock, valued at $2,250,571.52. This trade represents a 26.28% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Over the last quarter, insiders have sold 52,555 shares of company stock valued at $2,087,714. Company insiders own 5.40% of the company’s stock.

Institutional Investors Weigh In On Hilltop

Large investors have recently added to or reduced their stakes in the stock. GAMMA Investing LLC boosted its holdings in shares of Hilltop by 17.4% in the third quarter. GAMMA Investing LLC now owns 2,864 shares of the financial services provider’s stock valued at $108,000 after purchasing an additional 424 shares during the period. Farther Finance Advisors LLC increased its holdings in Hilltop by 935.5% during the 3rd quarter. Farther Finance Advisors LLC now owns 3,738 shares of the financial services provider’s stock worth $141,000 after purchasing an additional 3,377 shares during the period. QRG Capital Management Inc. increased its holdings in Hilltop by 17.2% during the 2nd quarter. QRG Capital Management Inc. now owns 14,016 shares of the financial services provider’s stock worth $544,000 after purchasing an additional 2,053 shares during the period. State Street Corp raised its position in Hilltop by 1.0% during the 2nd quarter. State Street Corp now owns 2,546,898 shares of the financial services provider’s stock valued at $98,769,000 after purchasing an additional 24,912 shares in the last quarter. Finally, The Manufacturers Life Insurance Company raised its position in Hilltop by 5.5% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 21,219 shares of the financial services provider’s stock valued at $823,000 after purchasing an additional 1,103 shares in the last quarter. 57.13% of the stock is owned by hedge funds and other institutional investors.

Hilltop Company Profile

Hilltop Holdings Inc is a Dallas, Texas-based financial services holding company that provides banking, mortgage lending and securities services through its subsidiaries. The company primarily serves individuals, businesses, government entities and institutional clients, with operations focused largely on the United States and particularly the Texas market.

PlainsCapital Bank, Hilltop’s banking subsidiary, offers commercial and consumer banking products, including loans, deposit accounts, treasury management and other financial services.