Heartland Financial USA (NASDAQ:HTLF – Get Free Report) posted its quarterly earnings data on Monday. The bank reported $1.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.14 by $0.08, Briefing.com reports. The firm had revenue of $279.39 million for the quarter, compared to the consensus estimate of $182.73 million. Heartland Financial USA had a return on equity of 11.50% and a net margin of 8.17%. During the same quarter in the previous year, the business earned $1.22 EPS.
Heartland Financial USA Trading Down 0.1 %
NASDAQ:HTLF opened at $42.08 on Thursday. The stock has a market cap of $1.80 billion, a P/E ratio of 25.35 and a beta of 0.98. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.72 and a current ratio of 0.72. Heartland Financial USA has a 1 year low of $26.10 and a 1 year high of $43.17. The stock has a 50-day simple moving average of $34.48 and a 200-day simple moving average of $33.91.
Heartland Financial USA Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 28th. Stockholders of record on Monday, May 13th will be given a dividend of $0.30 per share. The ex-dividend date of this dividend is Friday, May 10th. This represents a $1.20 annualized dividend and a dividend yield of 2.85%. Heartland Financial USA’s dividend payout ratio is currently 72.29%.
Analysts Set New Price Targets
Heartland Financial USA Company Profile
Heartland Financial USA, Inc, a bank holding company, provides commercial, small business, and consumer banking services to individuals and businesses in the United States. The company accepts various deposit products, including checking, demand deposit accounts, NOW accounts, savings, money market, and individual retirement; certificates of deposit; and other time deposits.
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