Equities Analysts Offer Predictions for HTLF FY2025 Earnings

Heartland Financial USA, Inc. (NASDAQ:HTLF) – DA Davidson lifted their FY2025 earnings per share (EPS) estimates for shares of Heartland Financial USA in a report released on Thursday, December 19th. DA Davidson analyst J. Rulis now anticipates that the bank will post earnings of $4.35 per share for the year, up from their prior forecast of $4.20. The consensus estimate for Heartland Financial USA’s current full-year earnings is $4.57 per share.

Heartland Financial USA (NASDAQ:HTLF) last issued its quarterly earnings data on Tuesday, October 29th. The bank reported $1.17 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.17. Heartland Financial USA had a net margin of 8.79% and a return on equity of 10.81%. The company had revenue of $272.79 million for the quarter, compared to analyst estimates of $189.51 million. During the same period last year, the company posted $1.12 earnings per share.

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

Heartland Financial USA Trading Up 1.6 %

Shares of NASDAQ HTLF opened at $62.31 on Friday. The stock has a market capitalization of $2.67 billion, a P/E ratio of 34.81 and a beta of 0.97. 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 business has a fifty day moving average price of $63.92 and a 200 day moving average price of $55.33. Heartland Financial USA has a 1-year low of $32.03 and a 1-year high of $70.27.

Heartland Financial USA Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, November 26th. Shareholders of record on Tuesday, November 12th were issued a $0.30 dividend. 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 payout ratio is 67.04%.

Insider Activity

In other news, EVP Mark A. Frank sold 432 shares of the firm’s stock in a transaction that occurred on Friday, November 22nd. The stock was sold at an average price of $67.24, for a total value of $29,047.68. Following the transaction, the executive vice president now owns 1,060 shares in the company, valued at $71,274.40. This trade represents a 28.95 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Jennifer K. Hopkins sold 5,811 shares of the firm’s stock in a transaction on Monday, December 9th. The shares were sold at an average price of $67.56, for a total value of $392,591.16. Following the completion of the transaction, the director now owns 6,963 shares in the company, valued at $470,420.28. The trade was a 45.49 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 28,743 shares of company stock worth $1,958,839 in the last ninety days. Company insiders own 1.80% of the company’s stock.

Institutional Trading of Heartland Financial USA

Several large investors have recently bought and sold shares of the business. Principal Financial Group Inc. lifted its holdings in Heartland Financial USA by 8.0% in the third quarter. Principal Financial Group Inc. now owns 28,679 shares of the bank’s stock valued at $1,626,000 after acquiring an additional 2,136 shares during the last quarter. Oddo BHF Asset Management Sas acquired a new stake in Heartland Financial USA during the 3rd quarter worth approximately $303,000. Geode Capital Management LLC boosted its position in Heartland Financial USA by 4.9% in the 3rd quarter. Geode Capital Management LLC now owns 1,023,370 shares of the bank’s stock valued at $58,036,000 after buying an additional 47,480 shares during the period. Barclays PLC increased its position in shares of Heartland Financial USA by 65.5% during the third quarter. Barclays PLC now owns 84,767 shares of the bank’s stock worth $4,807,000 after acquiring an additional 33,533 shares during the period. Finally, XTX Topco Ltd boosted its holdings in Heartland Financial USA by 128.0% in the third quarter. XTX Topco Ltd now owns 11,541 shares of the bank’s stock valued at $654,000 after purchasing an additional 6,479 shares during the period. Hedge funds and other institutional investors own 71.55% of the company’s stock.

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.