Heartland Financial USA, Inc. (NASDAQ:HTLF) – Research analysts at B. Riley issued their Q2 2018 EPS estimates for shares of Heartland Financial USA in a report released on Thursday. B. Riley analyst S. Moss expects that the bank will post earnings of $0.97 per share for the quarter. B. Riley has a “Hold” rating and a $50.00 price objective 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 announced its earnings results on Monday, October 30th. The bank reported $0.72 EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.72. Heartland Financial USA had a net margin of 18.14% and a return on equity of 9.77%. The business had revenue of $109.12 million during the quarter, compared to analysts’ expectations of $115.81 million. During the same quarter in the prior year, the company posted $0.81 earnings per share. The firm’s revenue was up 12.6% on a year-over-year basis.

Several other research analysts have also recently commented on HTLF. Raymond James Financial restated an “outperform” rating and set a $58.00 target price on shares of Heartland Financial USA in a report on Tuesday, January 9th. They noted that the move was a valuation call. UBS Group cut shares of Heartland Financial USA from a “strong-buy” rating to an “outperform” rating in a research note on Tuesday, January 9th. Keefe, Bruyette & Woods reiterated a “hold” rating and issued a $51.00 price target on shares of Heartland Financial USA in a research note on Tuesday, October 3rd. ValuEngine upgraded shares of Heartland Financial USA from a “hold” rating to a “buy” rating in a research note on Sunday, December 31st. Finally, BidaskClub cut shares of Heartland Financial USA from a “buy” rating to a “hold” rating in a research note on Friday, January 5th. Five equities research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus target price of $54.50.

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

A number of hedge funds have recently made changes to their positions in HTLF. Ameritas Investment Partners Inc. lifted its stake in Heartland Financial USA by 9.9% in the second quarter. Ameritas Investment Partners Inc. now owns 2,156 shares of the bank’s stock valued at $102,000 after acquiring an additional 195 shares during the last quarter. BNP Paribas Arbitrage SA lifted its stake in Heartland Financial USA by 1,973.1% in the second quarter. BNP Paribas Arbitrage SA now owns 2,467 shares of the bank’s stock valued at $116,000 after acquiring an additional 2,348 shares during the last quarter. Victory Capital Management Inc. lifted its stake in Heartland Financial USA by 17.6% in the second quarter. Victory Capital Management Inc. now owns 3,815 shares of the bank’s stock valued at $180,000 after acquiring an additional 572 shares during the last quarter. ETRADE Capital Management LLC acquired a new stake in Heartland Financial USA in the second quarter valued at $216,000. Finally, Ladenburg Thalmann Financial Services Inc. raised its position in shares of Heartland Financial USA by 41.0% in the third quarter. Ladenburg Thalmann Financial Services Inc. now owns 4,429 shares of the bank’s stock valued at $220,000 after purchasing an additional 1,288 shares during the period. Hedge funds and other institutional investors own 47.88% of the company’s stock.

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

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Heartland Financial USA Company Profile

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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