HBT Financial (HBT) Expected to Announce Earnings on Monday

HBT Financial (NASDAQ:HBT - Get Free Report) is expected to issue its quarterly earnings data before the market opens on Monday, April 21st. Analysts expect the company to announce earnings of $0.58 per share and revenue of $57.57 million for the quarter.

HBT Financial (NASDAQ:HBT - Get Free Report) last issued its quarterly earnings results on Wednesday, January 22nd. The company reported $0.62 EPS for the quarter, topping the consensus estimate of $0.58 by $0.04. HBT Financial had a net margin of 24.99% and a return on equity of 14.57%. On average, analysts expect HBT Financial to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

HBT Financial Stock Up 0.0 %

Shares of NASDAQ HBT traded up $0.01 during mid-day trading on Friday, hitting $21.99. The company had a trading volume of 38,230 shares, compared to its average volume of 32,600. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 0.20. The firm has a 50-day simple moving average of $23.18 and a two-hundred day simple moving average of $22.99. The company has a market capitalization of $695.57 million, a PE ratio of 9.73 and a beta of 0.62. HBT Financial has a one year low of $18.03 and a one year high of $26.25.

HBT Financial Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, February 11th. Investors of record on Tuesday, February 4th were given a dividend of $0.21 per share. The ex-dividend date of this dividend was Tuesday, February 4th. This is a boost from HBT Financial's previous quarterly dividend of $0.19. This represents a $0.84 annualized dividend and a yield of 3.82%. HBT Financial's dividend payout ratio is 37.17%.

Insider Activity

In other news, Director Patrick F. Busch sold 8,000 shares of the business's stock in a transaction that occurred on Wednesday, February 5th. The stock was sold at an average price of $24.77, for a total transaction of $198,160.00. Following the completion of the sale, the director now owns 182,000 shares in the company, valued at $4,508,140. The trade was a 4.21 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Chairman Fred L. Drake sold 10,000 shares of the stock in a transaction that occurred on Wednesday, January 29th. The stock was sold at an average price of $24.38, for a total value of $243,800.00. Following the transaction, the chairman now owns 58,670 shares in the company, valued at approximately $1,430,374.60. This trade represents a 14.56 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 38,900 shares of company stock valued at $969,500 over the last three months. Insiders own 59.80% of the company's stock.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on HBT shares. Hovde Group began coverage on HBT Financial in a research note on Thursday, March 27th. They set a "market perform" rating and a $24.50 price objective on the stock. Piper Sandler dropped their price target on shares of HBT Financial from $27.00 to $26.00 and set a "neutral" rating on the stock in a research report on Friday, January 24th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating to the company. According to MarketBeat.com, HBT Financial presently has an average rating of "Hold" and a consensus target price of $24.75.

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.