Shares of Heartland BancCorp (OTCMKTS:HLAN - Get Free Report) dropped 1.7% during trading on Wednesday . The company traded as low as $163.02 and last traded at $163.05. Approximately 252 shares changed hands during mid-day trading, a decline of 79% from the average daily volume of 1,175 shares. The stock had previously closed at $165.80.
Wall Street Analysts Forecast Growth
Separately, DA Davidson reiterated a "neutral" rating and set a $145.00 price target (up previously from $103.00) on shares of Heartland BancCorp in a research report on Wednesday, August 7th.
Check Out Our Latest Research Report on HLAN
Heartland BancCorp Stock Up 1.2 %
The company has a market cap of $334.13 million, a PE ratio of 16.94 and a beta of 0.40. The firm's 50-day moving average is $153.83 and its 200-day moving average is $128.43.
Heartland BancCorp (OTCMKTS:HLAN - Get Free Report) last posted its quarterly earnings results on Monday, October 28th. The bank reported $2.12 earnings per share for the quarter, missing the consensus estimate of $2.27 by ($0.15). The company had revenue of $30.26 million during the quarter. As a group, equities research analysts anticipate that Heartland BancCorp will post 9.27 EPS for the current fiscal year.
Heartland BancCorp Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 30th. Investors of record on Friday, December 13th will be issued a $0.759 dividend. The ex-dividend date is Friday, December 13th. This represents a $3.04 annualized dividend and a yield of 1.84%. Heartland BancCorp's payout ratio is 31.11%.
About Heartland BancCorp
(
Get Free Report)
Heartland BancCorp operates as the bank holding company for Heartland Bank that provides various banking and financial services to individual and corporate customers. The company offers personal and business checking and savings accounts. It also provides various lending solutions comprising agricultural loans, commercial and business lending, home and personal loans, and title services.
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