Heartland Financial USA (HTLF) Stock Price, News & Analysis

Company Overview

Heartland Financial USA, Inc., a bank holding company, provides commercial, small business, and consumer banking services to individuals and businesses in the United States. The company accepts various deposit products, including checking, demand deposit accounts, NOW accounts, savings, money market, and individual retirement; certificates of deposit; and other time deposits. It offers loans, including commercial and industrial, commercial real estate, agricultural, small business, and real estate mortgage loans; consumer loans comprising motor vehicle, home improvement, home equity line of credit, and fixed rate home equity and personal lines of credit; and credit cards for commercial, business, and personal use. In addition, the company provides business and personal online banking, and mobile banking; bill payment, remote deposit capture, and treasury management services; debit cards; automated teller machines; and automated clearing house services, wire transfers, insured cash sweeps, zero balance accounts, lockbox, image cash letter, remote deposit capture, commercial cards for travel and entertainment purchasing, merchant services to receive credit card payments, investment sweep accounts, reconciliation services, online invoice processing, foreign exchange and positive pay fraud prevention services for checks and automated clearing house services payments. Further, it offers wealth management, trust services, brokerage services, and fixed rate annuity products; and investment services, including mutual funds, individual retirement products, and education savings products. Heartland Financial USA, Inc. was founded in 1981 and is headquartered in Denver, Colorado.

Key Stats

• Today's Range: $65.10 to $66.14
• 50-Day Range: $56.02 to $69.06
• 52-Week Range: $32.03 to $70.27
• Volume: 25,060 shs
• Average Volume: 279,916 shs
• Market Capitalization: $2.80 billion
• P/E Ratio: 36.53
• Dividend Yield: 1.84%
• Price Target: $45.60
• Consensus Rating: Buy

Heartland Financial USA Stock Analysis - MarketRank™

Heartland Financial USA scored higher than 79% of companies evaluated by MarketBeat, and ranked 337th out of 959 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: 1.5 / 5
• Analyst Rating: Buy

Consensus Rating

Heartland Financial USA has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Heartland Financial USA has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: -8.75%

Earnings Growth

Earnings for Heartland Financial USA are expected to decrease by -8.75% in the coming year, from $4.57 to $4.17 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Heartland Financial USA is 36.45, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.54.

Price to Earnings Ratio vs. Sector

The P/E ratio of Heartland Financial USA is 36.45, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 48.86.

Price to Book Value per Share Ratio

Heartland Financial USA has a P/B Ratio of 1.53. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.71% of the float of Heartland Financial USA has been sold short.

Short Interest Ratio / Days to Cover

Heartland Financial USA has a short interest ratio ("days to cover") of 3.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Heartland Financial USA has recently increased by 5.52%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Heartland Financial USA pays a meaningful dividend of 1.81%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Heartland Financial USA does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Heartland Financial USA is 67.04%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Heartland Financial USA will have a dividend payout ratio of 28.78% next year. This indicates that Heartland Financial USA will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 3.4 / 5
• Environmental Score: -0.55

Percentage of Shares Shorted

1.71% of the float of Heartland Financial USA has been sold short.

Short Interest Ratio / Days to Cover

Heartland Financial USA has a short interest ratio ("days to cover") of 3.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Heartland Financial USA has recently increased by 5.52%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.8 / 5
• News Sentiment: 0.95

News Sentiment

Heartland Financial USA has a news sentiment score of 0.95. 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 0.77 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 7 news articles for Heartland Financial USA this week, compared to 4 articles on an average week.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Heartland Financial USA insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,958,839.00 in company stock.

Percentage Held by Insiders

Only 1.80% of the stock of Heartland Financial USA is held by insiders.

Percentage Held by Institutions

71.55% of the stock of Heartland Financial USA is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

HTLF Stock Analysis - Frequently Asked Questions

How have HTLF shares performed this year?

Heartland Financial USA's stock was trading at $37.61 at the start of the year. Since then, HTLF stock has increased by 73.5% and is now trading at $65.24.
View the best growth stocks for 2024 here.

How were Heartland Financial USA's earnings last quarter?

Heartland Financial USA, Inc. (NASDAQ:HTLF) announced its quarterly earnings data on Tuesday, October, 29th. The bank reported $1.17 EPS for the quarter, hitting analysts' consensus estimates of $1.17. The bank had revenue of $272.79 million for the quarter, compared to analysts' expectations of $189.51 million. Heartland Financial USA had a net margin of 8.79% and a trailing twelve-month return on equity of 10.81%.

Who are Heartland Financial USA's major shareholders?

Heartland Financial USA's top institutional investors include Charles Schwab Investment Management Inc. (3.40%), State Street Corp (2.88%), HTLF Bank (2.73%) and Geode Capital Management LLC (2.39%). Insiders that own company stock include Bruce K Lee, Martin J Schmitz, John K Schmidt, Robert B Engel, Deborah K Deters, Jennifer K Hopkins, Mark A Frank, Kevin L Thompson, Kevin L Thompson and Lo B Nestman.
View institutional ownership trends.

How do I buy shares of Heartland Financial USA?

Shares of HTLF 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 Heartland Financial USA own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Heartland Financial USA investors own include Chevron (CVX), Comcast (CMCSA), Bristol-Myers Squibb (BMY), Charles Schwab (SCHW), McKesson (MCK), Yum! Brands (YUM) and Edwards Lifesciences (EW).

Company Calendar

• Last Earnings: 10/29/2024
• Ex-Dividend for 11/26 Dividend: 11/12/2024
• Dividend Payable: 11/26/2024
• Today: 12/18/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: State commercial banks
• Sub-Industry: Regional Banks
• Current Symbol: NASDAQ:HTLF
• CUSIP: 42234Q10
• CIK: 920112
• Web: www.htlf.com
• Phone: (303) 285-9200
• Fax: 563-589-1951
• Employees: 1,970
• Year Founded: 1981

Price Target and Rating

• Average Stock Price Target: $45.60
• High Stock Price Target: $54.00
• Low Stock Price Target: $41.00
• Potential Upside/Downside: -30.1%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 5 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $1.79
• Trailing P/E Ratio: 36.45
• Forward P/E Ratio: 14.28
• P/E Growth: N/A
• Net Income: $79.92 million
• Net Margins: 8.79%
• Pretax Margin: 10.93%
• Return on Equity: 10.81%
• Return on Assets: 1.09%

Debt

• Debt-to-Equity Ratio: 0.18
• Current Ratio: 0.76
• Quick Ratio: 0.76

Sales & Book Value

• Annual Sales: $603.99 million
• Price / Sales: 4.63
• Cash Flow: $5.67 per share
• Price / Cash Flow: 11.51
• Book Value: $42.72 per share
• Price / Book: 1.53

Miscellaneous

• Outstanding Shares: 42,885,000
• Free Float: 42,113,000
• Market Cap: $2.80 billion
• Optionable: Optionable
• Beta: 0.97