HBT Financial, Inc. (NASDAQ:HBT - Free Report) - Stock analysts at DA Davidson issued their Q1 2025 earnings per share estimates for HBT Financial in a report released on Thursday, January 23rd. DA Davidson analyst J. Rulis forecasts that the company will post earnings of $0.58 per share for the quarter. The consensus estimate for HBT Financial's current full-year earnings is $2.15 per share. DA Davidson also issued estimates for HBT Financial's FY2025 earnings at $2.35 EPS.
HBT Financial (NASDAQ:HBT - Get Free Report) last announced its quarterly earnings data on Wednesday, January 22nd. The company reported $0.62 earnings per share for the quarter, beating analysts' consensus estimates of $0.58 by $0.04. HBT Financial had a net margin of 24.99% and a return on equity of 14.57%.
HBT has been the topic of a number of other reports. Piper Sandler cut their target price on shares of HBT Financial from $27.00 to $26.00 and set a "neutral" rating on the stock in a research note on Friday. Keefe, Bruyette & Woods raised their price objective on shares of HBT Financial from $25.00 to $27.00 and gave the company an "outperform" rating in a report on Wednesday, December 4th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus price target of $24.80.
Read Our Latest Research Report on HBT Financial
HBT Financial Stock Up 2.4 %
HBT traded up $0.55 on Friday, hitting $23.32. 27,008 shares of the company were exchanged, compared to its average volume of 32,694. The firm has a 50-day moving average price of $22.81 and a two-hundred day moving average price of $22.36. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 0.20. HBT Financial has a twelve month low of $17.75 and a twelve month high of $25.35. The company has a market cap of $735.98 million, a price-to-earnings ratio of 10.32 and a beta of 0.88.
HBT Financial announced that its Board of Directors has initiated a stock repurchase program on Wednesday, December 18th that authorizes the company to repurchase $15.00 million in outstanding shares. This repurchase authorization authorizes the company to reacquire up to 2.1% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company's management believes its stock is undervalued.
HBT Financial Increases Dividend
The business also recently announced a quarterly dividend, which will be paid on Tuesday, February 11th. Stockholders of record on Tuesday, February 4th will be issued a $0.21 dividend. This is a boost from HBT Financial's previous quarterly dividend of $0.19. The ex-dividend date of this dividend is Tuesday, February 4th. This represents a $0.84 annualized dividend and a dividend yield of 3.60%. HBT Financial's dividend payout ratio is presently 33.63%.
Insider Activity at HBT Financial
In other HBT Financial news, Chairman Fred L. Drake sold 5,000 shares of the stock in a transaction on Monday, November 25th. The stock was sold at an average price of $24.89, for a total transaction of $124,450.00. Following the sale, the chairman now owns 73,670 shares in the company, valued at approximately $1,833,646.30. This represents a 6.36 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders have sold 14,498 shares of company stock valued at $351,985 in the last ninety days. Insiders own 59.80% of the company's stock.
Institutional Inflows and Outflows
Several large investors have recently modified their holdings of HBT. Rosenthal Henry Capital Advisors Inc. acquired a new position in shares of HBT Financial in the 3rd quarter worth approximately $930,000. FMR LLC increased its stake in HBT Financial by 70.1% during the third quarter. FMR LLC now owns 4,329 shares of the company's stock valued at $95,000 after purchasing an additional 1,784 shares during the last quarter. Dimensional Fund Advisors LP raised its holdings in shares of HBT Financial by 6.9% during the second quarter. Dimensional Fund Advisors LP now owns 406,456 shares of the company's stock worth $8,298,000 after purchasing an additional 26,135 shares during the period. Barclays PLC boosted its holdings in shares of HBT Financial by 43.5% in the 3rd quarter. Barclays PLC now owns 57,000 shares of the company's stock valued at $1,247,000 after buying an additional 17,266 shares during the period. Finally, State Street Corp grew its position in shares of HBT Financial by 1.6% during the 3rd quarter. State Street Corp now owns 251,438 shares of the company's stock valued at $5,501,000 after buying an additional 3,874 shares during the last quarter. 78.55% of the stock is currently owned by hedge funds and other institutional investors.
About HBT Financial
(
Get Free Report)
HBT Financial, Inc operates as the bank holding company for Heartland Bank and Trust Company that provides business, commercial, and retail banking products and services to individuals, businesses, and municipal entities in Central and Northeastern Illinois, and Eastern Iowa. The company's deposits accounts consist of noninterest-bearing demand deposits, interest-bearing transaction accounts, money market accounts, savings accounts, certificates of deposits, health savings accounts, and individual retirement accounts.
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