Hilltop (HTH) to Release Earnings on Thursday

Hilltop (NYSE:HTH) is expected to issue its quarterly earnings data 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 released its quarterly earnings data on Thursday, January 30th. The financial services provider reported $0.55 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.28 by $0.27. Hilltop had a return on equity of 5.18% and a net margin of 7.04%. 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 1.0 %

HTH stock opened at $28.72 on Wednesday. The stock has a 50-day simple moving average of $30.62 and a two-hundred day simple moving average of $30.61. Hilltop has a twelve month low of $26.67 and a twelve month high of $35.32. The firm has a market capitalization of $1.86 billion, a PE ratio of 16.50 and a beta of 1.00.

Hilltop Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, February 27th. Investors of record on Thursday, February 13th were issued a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a yield of 2.51%. The ex-dividend date of this dividend was Thursday, February 13th. This is a positive change from Hilltop’s previous quarterly dividend of $0.17. Hilltop’s dividend payout ratio is 41.38%.

Analyst Ratings Changes

A number of brokerages recently issued reports on HTH. Keefe, Bruyette & Woods lowered their price objective on Hilltop from $35.00 to $34.00 and set a “market perform” rating on the stock in a research report on Monday, February 3rd. Raymond James raised Hilltop from an “underperform” rating to a “market perform” rating in a report on Wednesday, April 2nd.

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.