Q4 Earnings Estimate for HBT Financial Issued By DA Davidson

HBT Financial, Inc. (NASDAQ:HBT - Free Report) - Research analysts at DA Davidson issued their Q4 2024 earnings per share (EPS) estimates for shares of HBT Financial in a report released on Tuesday, October 22nd. DA Davidson analyst J. Rulis expects that the company will post earnings of $0.59 per share for the quarter. DA Davidson has a "Neutral" rating and a $24.00 price objective on the stock. The consensus estimate for HBT Financial's current full-year earnings is $2.28 per share.

HBT Financial (NASDAQ:HBT - Get Free Report) last issued its quarterly earnings results on Monday, July 22nd. The company reported $0.57 earnings per share for the quarter, topping analysts' consensus estimates of $0.56 by $0.01. The company had revenue of $72.43 million for the quarter, compared to analyst estimates of $56.82 million. HBT Financial had a return on equity of 15.53% and a net margin of 25.61%. During the same quarter in the prior year, the company posted $0.58 EPS.

Several other analysts also recently issued reports on the company. JPMorgan Chase & Co. increased their price target on HBT Financial from $21.00 to $24.00 and gave the company an "underweight" rating in a report on Tuesday, July 23rd. Keefe, Bruyette & Woods reiterated an "outperform" rating and issued a $27.00 price target (up from $25.00) on shares of HBT Financial in a report on Tuesday, July 23rd. Finally, Piper Sandler lowered their price target on HBT Financial from $25.00 to $24.00 and set a "neutral" rating for the company in a report on Tuesday. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and an average target price of $24.40.

HBT Financial Trading Down 0.4 %

Shares of HBT stock traded down $0.09 on Wednesday, reaching $21.87. 19,986 shares of the stock were exchanged, compared to its average volume of 28,198. HBT Financial has a 1-year low of $17.74 and a 1-year high of $24.85. The stock has a market cap of $690.90 million, a P/E ratio of 9.68 and a beta of 0.86. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 0.21. The firm has a 50 day moving average of $21.97 and a two-hundred day moving average of $20.69.

Hedge Funds Weigh In On HBT Financial

A number of large investors have recently bought and sold shares of the business. SG Americas Securities LLC acquired a new position in shares of HBT Financial during the third quarter valued at approximately $122,000. LSV Asset Management acquired a new position in HBT Financial in the first quarter worth approximately $183,000. Hsbc Holdings PLC grew its position in HBT Financial by 3.8% in the second quarter. Hsbc Holdings PLC now owns 14,605 shares of the company's stock worth $287,000 after buying an additional 541 shares during the last quarter. Renaissance Technologies LLC grew its position in HBT Financial by 109.9% in the second quarter. Renaissance Technologies LLC now owns 27,500 shares of the company's stock worth $562,000 after buying an additional 14,400 shares during the last quarter. Finally, Assenagon Asset Management S.A. grew its position in HBT Financial by 93.5% in the third quarter. Assenagon Asset Management S.A. now owns 46,800 shares of the company's stock worth $1,024,000 after buying an additional 22,618 shares during the last quarter. Institutional investors own 78.55% of the company's stock.

About HBT Financial

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.