Hingham Institution for Savings (NASDAQ:HIFS) Issues Earnings Results

Hingham Institution for Savings (NASDAQ:HIFS) announced its quarterly earnings data on Friday. The savings and loans company reported $2.16 earnings per share for the quarter, Zacks reports. Hingham Institution for Savings had a return on equity of 2.27% and a net margin of 10.95%.

Hingham Institution for Savings Stock Up 0.7 %

NASDAQ:HIFS opened at $241.80 on Friday. The stock’s fifty day simple moving average is $265.69 and its 200-day simple moving average is $248.63. The firm has a market capitalization of $519.87 million, a P/E ratio of 22.90 and a beta of 1.02. The company has a quick ratio of 1.57, a current ratio of 1.57 and a debt-to-equity ratio of 3.63. Hingham Institution for Savings has a 12-month low of $150.11 and a 12-month high of $300.00.

Hingham Institution for Savings Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Monday, January 6th were paid a $0.63 dividend. This represents a $2.52 dividend on an annualized basis and a dividend yield of 1.04%. The ex-dividend date of this dividend was Monday, January 6th. Hingham Institution for Savings’s dividend payout ratio (DPR) is currently 23.86%.

Analyst Ratings Changes

Separately, StockNews.com upgraded shares of Hingham Institution for Savings from a “sell” rating to a “hold” rating in a research report on Monday, January 13th.

Hingham Institution for Savings Company Profile

Hingham Institution for Savings provides various financial products and services to individuals and small businesses in the United States. It offers savings, checking, money market, demand, and negotiable order of withdrawal accounts, as well as certificates of deposit. The company provides commercial and residential real estate, construction, home equity, commercial, consumer, and mortgage loans.