Hingham Institution for Savings (HIFS) Stock Price, News & Analysis

Company Overview

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. In addition, it offers ATMs, debit cards, and Internet-based banking services. The company offers its services through a network of offices in Boston; Washington, D.C.; and San Francisco Bay Area. Hingham Institution for Savings was incorporated in 1834 and is headquartered in Hingham, Massachusetts.

Key Stats

• Today's Range: $270.00 to $280.66
• 50-Day Range: $228.40 to $298.77
• 52-Week Range: $150.11 to $300.00
• Volume: 13,190 shs
• Average Volume: 13,940 shs
• Market Capitalization: $588.95 million
• P/E Ratio: 25.94
• Dividend Yield: 0.92%
• Price Target: N/A
• Consensus Rating: N/A

Hingham Institution for Savings Stock Analysis - MarketRank™

Hingham Institution for Savings scored higher than 35% of companies evaluated by MarketBeat, and ranked 794th out of 963 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Hingham Institution for Savings.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Hingham Institution for Savings is 25.94, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 110.97.

Price to Earnings Ratio vs. Sector

The P/E ratio of Hingham Institution for Savings is 25.94, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 26.18.

Price to Book Value per Share Ratio

Hingham Institution for Savings has a P/B Ratio of 1.44. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

9.71% of the float of Hingham Institution for Savings has been sold short.

Short Interest Ratio / Days to Cover

Hingham Institution for Savings has a short interest ratio ("days to cover") of 9.2.

Change versus previous month

Short interest in Hingham Institution for Savings has recently decreased by 3.18%, indicating that investor sentiment is improving.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Hingham Institution for Savings has a dividend yield of 0.92%, which is in the bottom 25% of all stocks that pay dividends.

Dividend Growth

Hingham Institution for Savings has been increasing its dividend for 17 years.

Dividend Coverage

The dividend payout ratio of Hingham Institution for Savings is 23.86%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

9.71% of the float of Hingham Institution for Savings has been sold short.

Short Interest Ratio / Days to Cover

Hingham Institution for Savings has a short interest ratio ("days to cover") of 9.2.

Change versus previous month

Short interest in Hingham Institution for Savings has recently decreased by 3.18%, indicating that investor sentiment is improving.

News and Social Media

• Score: 2.9 / 5
• News Sentiment: 1.30

News Sentiment

Hingham Institution for Savings has a news sentiment score of 1.30. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.68 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for Hingham Institution for Savings this week, compared to 1 article on an average week.

MarketBeat Follows

Only 1 people have added Hingham Institution for Savings to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Hingham Institution for Savings insiders have not sold or bought any company stock.

Percentage Held by Institutions

49.33% of the stock of Hingham Institution for Savings is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

HIFS Stock Analysis - Frequently Asked Questions

How have HIFS shares performed this year?

Hingham Institution for Savings' stock was trading at $194.40 at the beginning of 2024. Since then, HIFS shares have increased by 40.9% and is now trading at $273.93.
View the best growth stocks for 2024 here.

How were Hingham Institution for Savings' earnings last quarter?

Hingham Institution for Savings (NASDAQ:HIFS) issued its earnings results on Friday, October, 11th. The savings and loans company reported $1.44 EPS for the quarter. The savings and loans company had revenue of $15.21 million for the quarter. Hingham Institution for Savings had a net margin of 10.95% and a trailing twelve-month return on equity of 2.28%.

Who are Hingham Institution for Savings' major shareholders?

Hingham Institution for Savings' top institutional shareholders include International Assets Investment Management LLC (20.40%), Maren Capital LLC (7.58%), Royce & Associates LP (4.87%) and State Street Corp (2.44%).

How do I buy shares of Hingham Institution for Savings?

Shares of HIFS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Hingham Institution for Savings own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Hingham Institution for Savings investors own include American Water Works (AWK), Waste Connections (WCN), The RMR Group (RMR), DiamondRock Hospitality (DRH), iShares Micro-Cap ETF (IWC), AUO (AUOTY) and Triple Flag Precious Metals (TFPM).

Company Calendar

• Last Earnings: 10/11/2024
• Ex-Dividend for 11/13 Dividend: 11/04/2024
• Dividend Payable: 11/13/2024
• Today: 11/17/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 1/17/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: Savings institutions, except federal
• Sub-Industry: Thrifts & Mortgage Finance
• Current Symbol: NASDAQ:HIFS
• CUSIP: 43332310
• CIK: N/A
• Web: www.hinghamsavings.com
• Phone: (781) 749-2200
• Fax: N/A
• Employees: 87
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): $10.56
• Trailing P/E Ratio: 25.94
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $26.37 million
• Net Margins: 10.95%
• Pretax Margin: 12.91%
• Return on Equity: 2.28%
• Return on Assets: 0.21%

Debt

• Debt-to-Equity Ratio: 3.95
• Current Ratio: 1.62
• Quick Ratio: 1.62

Sales & Book Value

• Annual Sales: $190.57 million
• Price / Sales: 3.09
• Cash Flow: $7.24 per share
• Price / Cash Flow: 37.82
• Book Value: $189.82 per share
• Price / Book: 1.44

Miscellaneous

• Outstanding Shares: 2,150,000
• Free Float: N/A
• Market Cap: $588.95 million
• Optionable: Not Optionable
• Beta: 0.99