Hingham Institution for Savings (NASDAQ:HIFS) Releases Earnings Results

Hingham Institution for Savings (NASDAQ:HIFS - Get Free Report) released its earnings results on Friday. The savings and loans company reported $2.16 earnings per share (EPS) for the quarter, Zacks reports. Hingham Institution for Savings had a return on equity of 2.27% and a net margin of 10.95%.

Hingham Institution for Savings Price Performance

NASDAQ HIFS traded up $1.62 on Friday, hitting $241.80. 13,359 shares of the company's stock were exchanged, compared to its average volume of 16,157. The stock has a 50-day moving average of $267.46 and a 200-day moving average of $247.82. The stock has a market cap of $519.87 million, a price-to-earnings ratio of 22.90 and a beta of 1.02. Hingham Institution for Savings has a 52 week low of $150.11 and a 52 week high of $300.00. The company has a current ratio of 1.57, a quick ratio of 1.57 and a debt-to-equity ratio of 3.63.

Hingham Institution for Savings Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Monday, January 6th were paid a $0.63 dividend. The ex-dividend date was Monday, January 6th. This represents a $2.52 dividend on an annualized basis and a yield of 1.04%. Hingham Institution for Savings's dividend payout ratio (DPR) is 23.86%.

Analyst Ratings Changes

Separately, StockNews.com raised shares of Hingham Institution for Savings from a "sell" rating to a "hold" rating in a research report on Monday.

Hingham Institution for Savings Company Profile

Hingham Institution for Savings provides various financial products and services to individuals and small businesses in the United States. It offers savings, checking, money market, demand, and negotiable order of withdrawal accounts, as well as certificates of deposit. The company provides commercial and residential real estate, construction, home equity, commercial, consumer, and mortgage loans.

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