FY2025 EPS Estimates for HBT Financial Boosted by Analyst

HBT Financial, Inc. (NASDAQ:HBT - Free Report) - Equities research analysts at DA Davidson upped their FY2025 EPS estimates for shares of HBT Financial in a note issued to investors on Thursday, December 19th. DA Davidson analyst J. Rulis now forecasts that the company will earn $2.27 per share for the year, up from their previous estimate of $2.25. DA Davidson has a "Neutral" rating and a $24.00 price objective on the stock. The consensus estimate for HBT Financial's current full-year earnings is $2.33 per share.

HBT Financial (NASDAQ:HBT - Get Free Report) last released its quarterly earnings results on Monday, October 21st. The company reported $0.61 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.58 by $0.03. The company had revenue of $56.44 million during the quarter, compared to the consensus estimate of $57.05 million. HBT Financial had a net margin of 24.68% and a return on equity of 14.70%.

Several other equities research analysts have also recently weighed in on the company. Piper Sandler reduced their price target on HBT Financial from $25.00 to $24.00 and set a "neutral" rating on the stock in a research note on Tuesday, October 22nd. Keefe, Bruyette & Woods upped their target price on shares of HBT Financial from $25.00 to $27.00 and gave the stock an "outperform" rating in a research 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 issued a buy rating to the company. According to MarketBeat.com, HBT Financial currently has a consensus rating of "Hold" and an average price target of $24.40.

HBT Financial Stock Up 0.2 %

Shares of NASDAQ:HBT traded up $0.04 during trading on Friday, hitting $22.08. The stock had a trading volume of 108,285 shares, compared to its average volume of 29,550. The company has a market capitalization of $696.82 million, a PE ratio of 10.04 and a beta of 0.87. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 0.20. The firm's fifty day moving average is $23.18 and its 200 day moving average is $21.92. HBT Financial has a 12 month low of $17.75 and a 12 month high of $25.35.

HBT Financial announced that its board has initiated a stock buyback program on Wednesday, December 18th that permits the company to repurchase $15.00 million in shares. This repurchase authorization permits the company to purchase up to 2.1% of its shares through open market purchases. Shares repurchase programs are generally a sign that the company's management believes its stock is undervalued.

HBT Financial Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, November 12th. Stockholders of record on Monday, November 4th were given a $0.19 dividend. This represents a $0.76 annualized dividend and a dividend yield of 3.44%. The ex-dividend date was Monday, November 4th. HBT Financial's dividend payout ratio is presently 34.55%.

Insider Buying and Selling

In other HBT Financial news, Chairman Fred L. Drake sold 2,200 shares of the business's stock in a transaction dated Tuesday, November 19th. The stock was sold at an average price of $23.86, for a total value of $52,492.00. Following the completion of the transaction, the chairman now owns 91,470 shares of the company's stock, valued at approximately $2,182,474.20. The trade was a 2.35 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders have sold a total of 14,498 shares of company stock worth $351,985 in the last quarter. Corporate insiders own 59.80% of the company's stock.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of HBT. Dimensional Fund Advisors LP grew its position in shares of HBT Financial by 6.9% during the 2nd quarter. Dimensional Fund Advisors LP now owns 406,456 shares of the company's stock valued at $8,298,000 after acquiring an additional 26,135 shares during the period. Geode Capital Management LLC grew its holdings in HBT Financial by 0.6% during the third quarter. Geode Capital Management LLC now owns 309,110 shares of the company's stock valued at $6,764,000 after purchasing an additional 1,989 shares during the period. State Street Corp increased its position in HBT Financial by 1.6% in the third quarter. State Street Corp now owns 251,438 shares of the company's stock worth $5,501,000 after buying an additional 3,874 shares in the last quarter. American Century Companies Inc. raised its stake in shares of HBT Financial by 5.1% in the second quarter. American Century Companies Inc. now owns 119,698 shares of the company's stock worth $2,444,000 after buying an additional 5,859 shares during the period. Finally, LSV Asset Management raised its stake in shares of HBT Financial by 1,082.5% in the second quarter. LSV Asset Management now owns 113,808 shares of the company's stock worth $2,324,000 after buying an additional 104,184 shares during the period. Institutional investors own 78.55% of the company's stock.

HBT Financial Company Profile

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.