Hilltop (HTH) to Release Earnings on Thursday

Hilltop (NYSE:HTH) is expected to release its earnings data before the market opens on Thursday, January 23rd. Analysts expect Hilltop to post earnings of $0.29 per share and revenue of $104,000.00 billion for the quarter. Persons interested in listening to the company’s earnings conference call can do so using this link.

Hilltop (NYSE:HTH) last announced its earnings results on Thursday, October 24th. The financial services provider reported $0.46 earnings per share for the quarter, beating the consensus estimate of $0.37 by $0.09. Hilltop had a net margin of 6.65% and a return on equity of 4.90%. The business had revenue of $411.49 million for the quarter, compared to the consensus estimate of $302.29 million. During the same quarter in the prior year, the firm posted $0.57 earnings per share. On average, analysts expect Hilltop to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Hilltop Trading Up 0.2 %

Shares of HTH opened at $28.96 on Wednesday. Hilltop has a twelve month low of $26.67 and a twelve month high of $35.32. The company has a market cap of $1.88 billion, a P/E ratio of 17.77 and a beta of 1.15. The company’s fifty day simple moving average is $30.16 and its 200-day simple moving average is $31.33.

Hilltop Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, November 22nd. Stockholders of record on Friday, November 8th were issued a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a dividend yield of 2.35%. The ex-dividend date of this dividend was Friday, November 8th. Hilltop’s payout ratio is presently 41.72%.

Insiders Place Their Bets

In other news, CEO Martin Bradley Winges sold 30,851 shares of the firm’s stock in a transaction dated Thursday, November 7th. The shares were sold at an average price of $32.61, for a total value of $1,006,051.11. Following the sale, the chief executive officer now directly owns 77,748 shares in the company, valued at approximately $2,535,362.28. This trade represents a 28.41 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CAO Keith E. Bornemann sold 2,500 shares of the firm’s stock in a transaction dated Friday, November 22nd. The shares were sold at an average price of $32.00, for a total transaction of $80,000.00. Following the completion of the sale, the chief accounting officer now owns 9,124 shares in the company, valued at $291,968. This represents a 21.51 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 29.30% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the stock. Raymond James cut shares of Hilltop from a “market perform” rating to an “underperform” rating in a report on Thursday, December 19th. Keefe, Bruyette & Woods upped their price target on shares of Hilltop from $34.00 to $35.00 and gave the stock a “market perform” rating in a report on Wednesday, December 4th. Finally, StockNews.com upgraded shares of Hilltop from a “sell” rating to a “hold” rating in a report on Thursday, October 10th. One research analyst has rated the stock with a sell rating and three have assigned a hold rating to the stock. According to MarketBeat.com, Hilltop presently has an average rating of “Hold” and a consensus price target of $34.50.

Hilltop Company Profile

Hilltop Holdings Inc provides business and consumer banking services. It operates through three segments: Banking, Broker-Dealer, and Mortgage Origination. The Banking segment offers savings, checking, interest-bearing checking, and money market accounts; certificates of deposit; lines and letters of credit, home improvement and equity loans, loans for purchasing and carrying securities, term, agricultural and commercial real estate, equipment loans, and other lending products; and mortgage, commercial and industrial loans, and term and construction finance.