Hingham Institution for Savings (NASDAQ:HIFS) posted its earnings results on Thursday. The savings and loans company reported $2.97 earnings per share for the quarter, Bloomberg Earnings reports. The company had revenue of $16.41 million for the quarter.

Shares of Hingham Institution for Savings (NASDAQ:HIFS) opened at 192.99 on Friday. The company has a market cap of $411.45 million, a P/E ratio of 16.86 and a beta of 0.73. The stock’s 50 day moving average price is $188.44 and its 200-day moving average price is $180.14. Hingham Institution for Savings has a 12 month low of $133.20 and a 12 month high of $203.01.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, October 18th. Stockholders of record on Monday, October 9th will be given a dividend of $0.34 per share. This represents a $1.36 dividend on an annualized basis and a dividend yield of 0.70%. The ex-dividend date is Thursday, October 5th. This is an increase from Hingham Institution for Savings’s previous quarterly dividend of $0.32. Hingham Institution for Savings’s dividend payout ratio (DPR) is 12.37%.

Separately, ValuEngine upgraded Hingham Institution for Savings from a “hold” rating to a “buy” rating in a research report on Friday, June 16th.

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Hingham Institution for Savings Company Profile

Hingham Institution for Savings (the Bank) is a Massachusetts-chartered savings bank (the Bank). The Bank is principally engaged in the business of residential and commercial real estate mortgage lending, funded by a retail deposit network and borrowings. The Bank provides a range of financial services to individuals and small businesses through its approximately 10 offices in Boston and southeastern Massachusetts.

Earnings History for Hingham Institution for Savings (NASDAQ:HIFS)

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