What is DA Davidson’s Forecast for HTLF FY2025 Earnings?

Heartland Financial USA, Inc. (NASDAQ:HTLF) – Analysts at DA Davidson raised their FY2025 earnings per share estimates for shares of Heartland Financial USA in a report issued on Thursday, December 19th. DA Davidson analyst J. Rulis now expects that the bank will post earnings of $4.35 per share for the year, up from their prior forecast of $4.20. The consensus estimate for Heartland Financial USA’s current full-year earnings is $4.57 per share.

Separately, StockNews.com began coverage on shares of Heartland Financial USA in a research report on Wednesday. They set a “hold” rating on the stock. Two equities research analysts have rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $45.60.

Heartland Financial USA Trading Down 0.1 %

HTLF stock opened at $61.35 on Friday. The firm’s fifty day simple moving average is $63.85 and its two-hundred day simple moving average is $55.20. The stock has a market capitalization of $2.63 billion, a price-to-earnings ratio of 34.27 and a beta of 0.97. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.18. Heartland Financial USA has a twelve month low of $32.03 and a twelve month high of $70.27.

Heartland Financial USA (NASDAQ:HTLF) last announced its quarterly earnings results on Tuesday, October 29th. The bank reported $1.17 EPS for the quarter, meeting analysts’ consensus estimates of $1.17. Heartland Financial USA had a net margin of 8.79% and a return on equity of 10.81%. The firm had revenue of $272.79 million during the quarter, compared to the consensus estimate of $189.51 million. During the same quarter last year, the firm earned $1.12 EPS.

Heartland Financial USA Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, November 26th. Investors of record on Tuesday, November 12th were given a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 1.96%. The ex-dividend date of this dividend was Tuesday, November 12th. Heartland Financial USA’s payout ratio is currently 67.04%.

Insider Transactions at Heartland Financial USA

In related news, EVP Mark A. Frank sold 432 shares of the company’s stock in a transaction that occurred on Friday, November 22nd. The shares were sold at an average price of $67.24, for a total transaction of $29,047.68. Following the sale, the executive vice president now directly owns 1,060 shares in the company, valued at approximately $71,274.40. This represents a 28.95 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Jennifer K. Hopkins sold 5,811 shares of Heartland Financial USA stock in a transaction that occurred on Monday, December 9th. The stock was sold at an average price of $67.56, for a total transaction of $392,591.16. Following the completion of the transaction, the director now owns 6,963 shares of the company’s stock, valued at $470,420.28. This represents a 45.49 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 28,743 shares of company stock worth $1,958,839 in the last 90 days. Insiders own 1.80% of the company’s stock.

Hedge Funds Weigh In On Heartland Financial USA

A number of institutional investors and hedge funds have recently modified their holdings of HTLF. USA Financial Formulas lifted its stake in Heartland Financial USA by 28.0% during the third quarter. USA Financial Formulas now owns 1,060 shares of the bank’s stock worth $60,000 after purchasing an additional 232 shares during the last quarter. Innealta Capital LLC purchased a new position in Heartland Financial USA during the 2nd quarter worth $83,000. SG Americas Securities LLC purchased a new stake in Heartland Financial USA in the 3rd quarter valued at approximately $125,000. Blue Trust Inc. increased its position in Heartland Financial USA by 2,193.4% during the 3rd quarter. Blue Trust Inc. now owns 2,775 shares of the bank’s stock worth $157,000 after purchasing an additional 2,654 shares during the period. Finally, XTX Topco Ltd acquired a new stake in shares of Heartland Financial USA in the 2nd quarter valued at approximately $225,000. Institutional investors and hedge funds own 71.55% of the company’s stock.

Heartland Financial USA Company Profile

Heartland Financial USA, Inc, a bank holding company, provides commercial, small business, and consumer banking services to individuals and businesses in the United States. The company accepts various deposit products, including checking, demand deposit accounts, NOW accounts, savings, money market, and individual retirement; certificates of deposit; and other time deposits.