FY2025 EPS Estimates for HBT Financial Raised by DA Davidson

HBT Financial, Inc. (NASDAQ:HBT - Free Report) - Stock analysts at DA Davidson upped their FY2025 earnings per share estimates for HBT Financial in a report issued on Tuesday, October 22nd. DA Davidson analyst J. Rulis now expects that the company will earn $2.25 per share for the year, up from their previous estimate of $2.15. 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 announced its quarterly earnings data on Monday, July 22nd. The company reported $0.57 earnings per share for the quarter, beating the consensus estimate of $0.56 by $0.01. HBT Financial had a return on equity of 15.53% and a net margin of 25.61%. The business had revenue of $72.43 million during the quarter, compared to analyst estimates of $56.82 million. During the same period in the prior year, the company earned $0.58 earnings per share.

Other equities analysts have also issued reports about the company. Piper Sandler cut 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. JPMorgan Chase & Co. raised their price target on HBT Financial from $21.00 to $24.00 and gave the stock an "underweight" rating in a report on Tuesday, July 23rd. Finally, Keefe, Bruyette & Woods reaffirmed 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. One research analyst has rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the company's stock. According to data from MarketBeat, HBT Financial currently has an average rating of "Hold" and an average price target of $24.40.

HBT Financial Stock Performance

Shares of HBT Financial stock traded down $0.31 during trading hours on Thursday, reaching $21.56. The company had a trading volume of 51,466 shares, compared to its average volume of 28,311. HBT Financial has a one year low of $17.74 and a one year high of $24.85. The business has a fifty day simple moving average of $21.97 and a 200 day simple moving average of $20.69. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.82 and a quick ratio of 0.82. The firm has a market cap of $681.10 million, a PE ratio of 9.58 and a beta of 0.86.

Institutional Investors Weigh In On HBT Financial

Institutional investors and hedge funds have recently made changes to their positions in the business. SG Americas Securities LLC purchased a new stake in shares of HBT Financial in the third quarter worth $122,000. LSV Asset Management purchased a new stake in shares of HBT Financial in the first quarter worth $183,000. Hsbc Holdings PLC raised its position in shares of 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 in the last quarter. Renaissance Technologies LLC raised its position in shares of 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 in the last quarter. Finally, Assenagon Asset Management S.A. raised its position in shares of 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 in the last quarter. Hedge funds and other 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.