FY2025 EPS Estimates for HBT Financial Increased by Analyst

HBT Financial, Inc. (NASDAQ:HBT) – Equities research analysts at DA Davidson boosted their FY2025 earnings per share (EPS) estimates for HBT Financial in a research note issued on Thursday, December 19th. DA Davidson analyst J. Rulis now expects that the company will earn $2.27 per share for the year, up from their previous estimate of $2.25. DA Davidson has a “Neutral” rating and a $24.00 price target on the stock. The consensus estimate for HBT Financial’s current full-year earnings is $2.33 per share.

HBT Financial (NASDAQ:HBT) last released its quarterly earnings data on Monday, October 21st. The company reported $0.61 earnings per share for the quarter, beating analysts’ consensus estimates of $0.58 by $0.03. HBT Financial had a net margin of 24.68% and a return on equity of 14.70%. The business had revenue of $56.44 million during the quarter, compared to analyst estimates of $57.05 million.

A number of other equities research analysts also recently weighed in on HBT. Piper Sandler lowered their target price on shares of HBT Financial from $25.00 to $24.00 and set a “neutral” rating on the stock in a research note on Tuesday, October 22nd. Keefe, Bruyette & Woods upped their target price on shares of HBT Financial from $25.00 to $27.00 and gave the stock an “outperform” rating in a research report on Wednesday, December 4th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat, HBT Financial has a consensus rating of “Hold” and a consensus target price of $24.40.

HBT Financial Stock Up 0.2 %

HBT stock opened at $22.08 on Friday. The stock has a 50-day simple moving average of $23.18 and a two-hundred day simple moving average of $21.92. HBT Financial has a twelve month low of $17.75 and a twelve month high of $25.35. The firm has a market capitalization of $696.82 million, a PE ratio of 10.04 and a beta of 0.87. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 0.20.

Hedge Funds Weigh In On HBT Financial

Institutional investors have recently added to or reduced their stakes in the company. Barclays PLC raised its stake in HBT Financial by 43.5% during the third quarter. Barclays PLC now owns 57,000 shares of the company’s stock valued at $1,247,000 after buying an additional 17,266 shares during the last quarter. Geode Capital Management LLC increased its stake in HBT Financial by 0.6% during the 3rd quarter. Geode Capital Management LLC now owns 309,110 shares of the company’s stock valued at $6,764,000 after purchasing an additional 1,989 shares in the last quarter. State Street Corp lifted its stake in shares of HBT Financial by 1.6% in the third quarter. State Street Corp now owns 251,438 shares of the company’s stock worth $5,501,000 after buying an additional 3,874 shares in the last quarter. Martingale Asset Management L P grew its holdings in shares of HBT Financial by 23.2% during the third quarter. Martingale Asset Management L P now owns 29,725 shares of the company’s stock valued at $650,000 after buying an additional 5,600 shares during the last quarter. Finally, FMR LLC increased its position in shares of HBT Financial by 70.1% during the third quarter. FMR LLC now owns 4,329 shares of the company’s stock valued at $95,000 after acquiring an additional 1,784 shares in the last quarter. Institutional investors own 78.55% of the company’s stock.

Insider Activity at HBT Financial

In related news, Chairman Fred L. Drake sold 4,798 shares of the company’s stock in a transaction that occurred on Thursday, November 21st. The stock was sold at an average price of $23.92, for a total transaction of $114,768.16. Following the completion of the transaction, the chairman now owns 86,672 shares in the company, valued at $2,073,194.24. This represents a 5.25 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders sold 14,498 shares of company stock worth $351,985 in the last three months. 59.80% of the stock is owned by insiders.

HBT Financial Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, November 12th. Investors of record on Monday, November 4th were paid a $0.19 dividend. This represents a $0.76 annualized dividend and a dividend yield of 3.44%. The ex-dividend date was Monday, November 4th. HBT Financial’s payout ratio is 34.55%.

HBT Financial announced that its Board of Directors has approved a share repurchase program on Wednesday, December 18th that authorizes the company to repurchase $15.00 million in shares. This repurchase authorization authorizes the company to repurchase up to 2.1% of its stock through open market purchases. Stock repurchase programs are usually a sign that the company’s leadership believes its stock is undervalued.

HBT Financial Company Profile

HBT Financial, Inc operates as the bank holding company for Heartland Bank and Trust Company that provides business, commercial, and retail banking products and services to individuals, businesses, and municipal entities in Central and Northeastern Illinois, and Eastern Iowa. The company's deposits accounts consist of noninterest-bearing demand deposits, interest-bearing transaction accounts, money market accounts, savings accounts, certificates of deposits, health savings accounts, and individual retirement accounts.