Heartland Financial USA (HTLF) to Release Earnings on Monday

Heartland Financial USA (NASDAQ:HTLF - Get Free Report) is expected to be posting its quarterly earnings results before the market opens on Monday, February 3rd. Analysts expect Heartland Financial USA to post earnings of $1.03 per share for the quarter.

Heartland Financial USA (NASDAQ:HTLF - Get Free Report) last posted its earnings results on Tuesday, October 29th. The bank reported $1.17 EPS for the quarter, meeting analysts' consensus estimates of $1.17. Heartland Financial USA had a return on equity of 10.81% and a net margin of 8.79%. The firm had revenue of $272.79 million during the quarter, compared to the consensus estimate of $189.51 million. During the same period in the prior year, the company earned $1.12 EPS. On average, analysts expect Heartland Financial USA to post $5 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Heartland Financial USA Price Performance

Shares of HTLF stock traded down $0.17 on Monday, reaching $66.43. The company's stock had a trading volume of 455,474 shares, compared to its average volume of 267,773. The company has a market capitalization of $2.85 billion, a price-to-earnings ratio of 37.11 and a beta of 0.98. The stock's fifty day simple moving average is $64.76 and its 200-day simple moving average is $59.09. The company has a current ratio of 0.76, a quick ratio of 0.76 and a debt-to-equity ratio of 0.18. Heartland Financial USA has a 1 year low of $32.03 and a 1 year high of $70.27.

Heartland Financial USA Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, January 27th. Shareholders of record on Tuesday, January 14th will be paid a $0.30 dividend. The ex-dividend date is Tuesday, January 14th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.81%. Heartland Financial USA's payout ratio is currently 67.04%.

Insider Buying and Selling

In other news, EVP Mark A. Frank sold 432 shares of the business's stock in a transaction on Friday, November 22nd. The shares were sold at an average price of $67.24, for a total transaction of $29,047.68. Following the completion of the sale, the executive vice president now directly owns 1,060 shares of the company's stock, valued at approximately $71,274.40. The trade was a 28.95 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Jennifer K. Hopkins sold 5,811 shares of the firm's stock in a transaction dated Monday, December 9th. The stock was sold at an average price of $67.56, for a total transaction of $392,591.16. Following the completion of the transaction, the director now directly owns 6,963 shares in the company, valued at $470,420.28. This represents a 45.49 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 28,743 shares of company stock valued at $1,958,839. Company insiders own 1.80% of the company's stock.

Wall Street Analyst Weigh In

Separately, StockNews.com assumed coverage on shares of Heartland Financial USA in a report on Friday, January 3rd. They issued a "hold" rating for the company. Two investment analysts have rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $45.60.

About Heartland Financial USA

Heartland Financial USA, Inc, a bank holding company, provides commercial, small business, and consumer banking services to individuals and businesses in the United States. The company accepts various deposit products, including checking, demand deposit accounts, NOW accounts, savings, money market, and individual retirement; certificates of deposit; and other time deposits.