Heartland BancCorp (HLAN) Stock Price, News & Analysis

Company Overview

Heartland BancCorp operates as the bank holding company for Heartland Bank that provides various banking and financial services to individual and corporate customers. The company offers personal and business checking and savings accounts. It also provides various lending solutions comprising agricultural loans, commercial and business lending, home and personal loans, and title services. In addition, the company offers online banking, treasury management, credit and debit card, and mobile wallet services. Further, it provides education planning, insurance, wealth management, and retirement planning services. Heartland BancCorp was founded in 1911 and is based in Whitehall, Ohio.

Key Stats

• Today's Range: $162.73 to $165.00
• 50-Day Range: $139.50 to $169.00
• 52-Week Range: $82.00 to $169.40
• Volume: 882 shs
• Average Volume: 1,205 shs
• Market Capitalization: $331.53 million
• P/E Ratio: 16.49
• Dividend Yield: 1.85%
• Price Target: $122.50
• Consensus Rating: Moderate Buy

Heartland BancCorp Stock Analysis - MarketRank™

Heartland BancCorp scored higher than 39% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Heartland BancCorp has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

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

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 4.31%

Earnings Growth

Earnings for Heartland BancCorp are expected to grow by 4.31% in the coming year, from $9.27 to $9.67 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Heartland BancCorp is 16.49, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.60.

Price to Earnings Ratio vs. Sector

The P/E ratio of Heartland BancCorp is 16.49, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 46.79.

Short Interest

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

Percentage of Shares Shorted

0.00% of the outstanding shares of Heartland BancCorp have been sold short.

Short Interest Ratio / Days to Cover

Heartland BancCorp has a short interest ratio ("days to cover") of 0.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Heartland BancCorp pays a meaningful dividend of 1.85%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

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

Dividend Coverage

The dividend payout ratio of Heartland BancCorp is 31.11%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Heartland BancCorp will have a dividend payout ratio of 31.33% next year. This indicates that Heartland BancCorp will be able to sustain or increase its dividend.

Sustainability and ESG

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

Percentage of Shares Shorted

0.00% of the outstanding shares of Heartland BancCorp have been sold short.

Short Interest Ratio / Days to Cover

Heartland BancCorp has a short interest ratio ("days to cover") of 0.1, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

News and Social Media

• Score: N/A
• News Sentiment: N/A

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Heartland BancCorp insiders have not sold or bought any company stock.

Percentage Held by Insiders

22.70% of the stock of Heartland BancCorp is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 7.51% of the stock of Heartland BancCorp is held by institutions.

HLAN Stock Analysis - Frequently Asked Questions

How have HLAN shares performed this year?

Heartland BancCorp's stock was trading at $87.89 on January 1st, 2024. Since then, HLAN stock has increased by 86.5% and is now trading at $163.88.
View the best growth stocks for 2024 here.

How were Heartland BancCorp's earnings last quarter?

Heartland BancCorp (OTCMKTS:HLAN) announced its quarterly earnings data on Monday, October, 28th. The bank reported $2.12 earnings per share for the quarter, missing analysts' consensus estimates of $2.27 by $0.15. The bank earned $30.26 million during the quarter.

How do I buy shares of Heartland BancCorp?

Shares of HLAN 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 BancCorp own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Heartland BancCorp investors own include NVIDIA (NVDA), Broadcom (AVGO), Arista Networks (ANET), Adobe (ADBE), Jabil (JBL), e.l.f. Beauty (ELF) and Builders FirstSource (BLDR).

Company Calendar

• Ex-Dividend for 10/10 Dividend: 9/25/2024
• Dividend Payable: 10/10/2024
• Last Earnings: 10/28/2024
• Today: 11/21/2024
• Ex-Dividend for 12/30 Dividend: 12/13/2024
• Dividend Payable: 12/30/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: OTCMKTS
• Sector: Finance
• Industry: National commercial banks
• Sub-Industry: N/A
• Current Symbol: OTCMKTS:HLAN
• Previous Symbol: NASDAQ:HLAN
• CUSIP: N/A
• CIK: 844959
• Web: www.heartlandbank.com
• Phone: (614) 337-4600
• Fax: 614-337-4608
• Employees: 298
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $122.50
• High Stock Price Target: $145.00
• Low Stock Price Target: $100.00
• Potential Upside/Downside: -25.3%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 2 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $9.74
• Trailing P/E Ratio: 16.50
• Forward P/E Ratio: 17.69
• P/E Growth: N/A
• Net Income: $19.52 million
• Net Margins: 17.89%
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: $104.83 million
• Price / Sales: 3.16
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: 2,023,000
• Free Float: 1,558,000
• Market Cap: $331.77 million
• Optionable: Not Optionable
• Beta: 0.40