Heartland BancCorp (OTCMKTS:HLAN – Get Free Report) released its earnings results on Monday. The bank reported $2.50 earnings per share for the quarter, topping analysts’ consensus estimates of $2.27 by $0.23, Zacks reports. The firm had revenue of $29.40 million for the quarter, compared to analyst estimates of $17.98 million.
Heartland BancCorp Stock Down 2.6 %
Shares of OTCMKTS HLAN opened at $141.26 on Thursday. Heartland BancCorp has a twelve month low of $81.60 and a twelve month high of $146.34. The company’s fifty day moving average is $92.06 and its 200-day moving average is $89.00. The stock has a market cap of $285.35 million, a price-to-earnings ratio of 14.43 and a beta of 0.41.
Analysts Set New Price Targets
Separately, Piper Sandler cut their target price on Heartland BancCorp from $101.00 to $100.00 and set an “overweight” rating for the company in a research note on Monday, April 29th.
About Heartland BancCorp
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.
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