Hilltop (HTH) Projected to Post Quarterly Earnings on Thursday

Hilltop (NYSE:HTH - Get Free Report) is expected to be issuing its quarterly earnings data before the market opens on Thursday, January 23rd. Analysts expect the company to announce earnings of $0.29 per share and revenue of $104,000.00 billion for the quarter. Parties that are interested in participating in the company's conference call can do so using this link.

Hilltop (NYSE:HTH - Get Free Report) last announced its quarterly earnings results on Thursday, October 24th. The financial services provider reported $0.46 EPS for the quarter, topping the consensus estimate of $0.37 by $0.09. The business had revenue of $411.49 million for the quarter, compared to analysts' expectations of $302.29 million. Hilltop had a net margin of 6.65% and a return on equity of 4.90%. During the same quarter in the previous year, the company earned $0.57 EPS. On average, analysts expect Hilltop to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Hilltop Price Performance

Shares of Hilltop stock traded down $0.07 during trading on Thursday, reaching $28.64. 268,555 shares of the stock traded hands, compared to its average volume of 364,255. The company has a market capitalization of $1.86 billion, a price-to-earnings ratio of 17.57 and a beta of 1.15. Hilltop has a 52-week low of $26.67 and a 52-week high of $35.32. The business has a fifty day simple moving average of $30.39 and a two-hundred day simple moving average of $31.35.

Hilltop Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, November 22nd. Shareholders of record on Friday, November 8th were issued a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a yield of 2.37%. The ex-dividend date was Friday, November 8th. Hilltop's dividend payout ratio is presently 41.72%.

Insider Buying and Selling

In related news, CEO Martin Bradley Winges sold 30,851 shares of the business's stock in a transaction that occurred on Thursday, November 7th. The stock was sold at an average price of $32.61, for a total value of $1,006,051.11. Following the completion of the sale, the chief executive officer now owns 77,748 shares in the company, valued at approximately $2,535,362.28. The trade was a 28.41 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Keith E. Bornemann sold 2,500 shares of the firm's stock in a transaction on Friday, November 22nd. The stock was sold at an average price of $32.00, for a total value of $80,000.00. Following the transaction, the chief accounting officer now owns 9,124 shares in the company, valued at $291,968. The trade was a 21.51 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 29.30% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

HTH has been the subject of several analyst reports. Keefe, Bruyette & Woods raised their target price on shares of Hilltop from $34.00 to $35.00 and gave the stock a "market perform" rating in a report on Wednesday, December 4th. StockNews.com upgraded Hilltop from a "sell" rating to a "hold" rating in a research report on Thursday, October 10th. Finally, Raymond James cut Hilltop from a "market perform" rating to an "underperform" rating in a research note on Thursday, December 19th. One research analyst has rated the stock with a sell rating and three have given a hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of $34.50.

About Hilltop

Hilltop Holdings Inc provides business and consumer banking services. It operates through three segments: Banking, Broker-Dealer, and Mortgage Origination. The Banking segment offers savings, checking, interest-bearing checking, and money market accounts; certificates of deposit; lines and letters of credit, home improvement and equity loans, loans for purchasing and carrying securities, term, agricultural and commercial real estate, equipment loans, and other lending products; and mortgage, commercial and industrial loans, and term and construction finance.