Hilltop (HTH) Expected to Announce Quarterly Earnings on Thursday

Hilltop (NYSE:HTH) is projected to announce its earnings results before the market opens on Thursday, April 17th. Analysts expect the company to announce earnings of $0.28 per share and revenue of $290.68 million for the quarter.

Hilltop (NYSE:HTH) last issued its quarterly earnings results on Thursday, January 30th. The financial services provider reported $0.55 EPS for the quarter, topping analysts’ consensus estimates of $0.28 by $0.27. Hilltop had a net margin of 7.04% and a return on equity of 5.18%. On average, analysts expect Hilltop to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Hilltop Stock Up 3.2 %

Shares of Hilltop stock opened at $29.11 on Thursday. The business’s fifty day moving average is $30.88 and its two-hundred day moving average is $30.70. Hilltop has a fifty-two week low of $26.67 and a fifty-two week high of $35.32. The firm has a market cap of $1.89 billion, a PE ratio of 16.73 and a beta of 1.00.

Hilltop Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, February 27th. Investors of record on Thursday, February 13th were issued a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a yield of 2.47%. This is an increase from Hilltop’s previous quarterly dividend of $0.17. The ex-dividend date of this dividend was Thursday, February 13th. Hilltop’s payout ratio is presently 41.38%.

Analyst Ratings Changes

HTH has been the topic of several research analyst reports. Raymond James raised Hilltop from an “underperform” rating to a “market perform” rating in a research note on Wednesday, April 2nd. Keefe, Bruyette & Woods dropped their price target on shares of Hilltop from $35.00 to $34.00 and set a “market perform” rating on the stock in a research note on Monday, February 3rd.

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.