What is DA Davidson's Estimate for HTLF FY2025 Earnings?

Heartland Financial USA, Inc. (NASDAQ:HTLF - Free Report) - Analysts at DA Davidson boosted their FY2025 earnings per share estimates for shares of Heartland Financial USA in a research report issued to clients and investors on Thursday, December 19th. DA Davidson analyst J. Rulis now expects that the bank will earn $4.35 per share for the year, up from their prior estimate of $4.20. The consensus estimate for Heartland Financial USA's current full-year earnings is $4.57 per share.

Separately, StockNews.com assumed coverage on Heartland Financial USA in a report on Wednesday. They issued a "hold" rating on the stock. Two analysts have rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, Heartland Financial USA presently has a consensus rating of "Moderate Buy" and an average target price of $45.60.

Heartland Financial USA Stock Up 1.6 %

Shares of HTLF stock traded up $0.96 on Friday, reaching $62.31. 609,208 shares of the company were exchanged, compared to its average volume of 282,094. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.76 and a quick ratio of 0.76. The company has a 50-day moving average of $63.92 and a 200-day moving average of $55.33. The company has a market cap of $2.67 billion, a price-to-earnings ratio of 34.81 and a beta of 0.97. Heartland Financial USA has a one year low of $32.03 and a one year high of $70.27.

Heartland Financial USA (NASDAQ:HTLF - Get Free Report) last posted its quarterly earnings results on Tuesday, October 29th. The bank reported $1.17 EPS for the quarter, hitting analysts' consensus estimates of $1.17. Heartland Financial USA had a net margin of 8.79% and a return on equity of 10.81%. The business had revenue of $272.79 million during the quarter, compared to analysts' expectations of $189.51 million. During the same period last year, the company posted $1.12 earnings per share.

Heartland Financial USA Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, November 26th. Shareholders of record on Tuesday, November 12th were paid a dividend of $0.30 per share. The ex-dividend date was Tuesday, November 12th. This represents a $1.20 dividend on an annualized basis and a yield of 1.93%. Heartland Financial USA's dividend payout ratio (DPR) is currently 67.04%.

Insiders Place Their Bets

In other Heartland Financial USA news, Director John K. Schmidt sold 22,500 shares of the firm's stock in a transaction on Monday, November 11th. The stock was sold at an average price of $68.32, for a total transaction of $1,537,200.00. Following the transaction, the director now directly owns 60,541 shares in the company, valued at approximately $4,136,161.12. This trade represents a 27.10 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Mark A. Frank sold 432 shares of Heartland Financial USA stock in a transaction on Friday, November 22nd. The stock was sold at an average price of $67.24, for a total transaction of $29,047.68. Following the transaction, the executive vice president now directly owns 1,060 shares in the company, valued at $71,274.40. This represents a 28.95 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 28,743 shares of company stock valued at $1,958,839. Corporate insiders own 1.80% of the company's stock.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the company. USA Financial Formulas increased its stake in Heartland Financial USA by 28.0% in the 3rd quarter. USA Financial Formulas now owns 1,060 shares of the bank's stock valued at $60,000 after buying an additional 232 shares during the last quarter. Innealta Capital LLC purchased a new stake in shares of Heartland Financial USA during the second quarter valued at approximately $83,000. SG Americas Securities LLC purchased a new stake in shares of Heartland Financial USA during the third quarter valued at approximately $125,000. Blue Trust Inc. lifted its holdings in Heartland Financial USA by 2,193.4% during the third quarter. Blue Trust Inc. now owns 2,775 shares of the bank's stock worth $157,000 after acquiring an additional 2,654 shares during the period. Finally, XTX Topco Ltd purchased a new position in Heartland Financial USA in the second quarter worth $225,000. 71.55% of the stock is owned by institutional investors.

About Heartland Financial USA

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.