Financial business

Heartland Financial USA, Inc. (NASDAQ: HTLF) Expected to Report Quarterly Sales of $ 175.15 million

Wall Street analysts expect Heartland Financial USA, Inc. (NASDAQ: HTLF) to report sales of $ 175.15 million for the current quarter, according to Zacks Investment Research. Two analysts have estimated Heartland Financial USA’s earnings. The highest sales estimate is $ 175.29 million and the lowest is $ 175.00 million. Heartland Financial USA reported sales of $ 165.20 million in the same quarter last year, indicating a positive growth rate of 6% year-over-year. The company is expected to release its next results on Monday, January 24.

On average, analysts expect Heartland Financial USA to report annual revenue of $ 694.93 million for the current year, with estimates ranging from $ 689.85 million to $ 700.00. millions of dollars. For next year, analysts predict the company will post sales of $ 700.09 million, with estimates ranging from $ 694.00 million to $ 706.17 million. Zacks sales averages are an average based on a survey of research companies that cover Heartland Financial USA.

Heartland Financial USA (NASDAQ: HTLF) last released its quarterly earnings data on Sunday, October 24. The bank announced EPS of $ 1.27 for the quarter, beating the Zacks’ consensus estimate of $ 1.23 by $ 0.04. Heartland Financial USA reported a return on equity of 10.55% and a net margin of 29.14%. The company posted revenue of $ 175.27 million in the quarter, compared to analysts’ expectations of $ 172.82 million. During the same period of the previous year, the company made earnings per share of $ 1.29.

HTLF has been the subject of several research reports. Keefe, Bruyette & Woods upgraded Heartland Financial USA from a “market performance” rating to an “outperformance” rating and set a price target of $ 60.00 for the company in a research report released on Tuesday. September 7. Stephens upgraded Heartland Financial USA from an “equal weight” to an “overweight” rating and set a price target of $ 60.00 on the stock in a research note on Tuesday, October 26. Finally, Zacks Investment Research downgraded Heartland Financial USA from a “hold” rating to a “sell” rating in a Monday November 1 research note.

(A d)

Knightscope, Inc., a developer of advanced physical security technologies focused on improving security operations in the United States, has begun offering up to $ 40 million of Class A common stock, with the shares to be listed immediately after the close of NASDAQ under the ticker symbol “KSCP.”

Institutional investors have recently changed their positions in the company. Whittier Trust Co. acquired a new position in Heartland Financial USA shares in Q3 valued at $ 25,000. Koshinski Asset Management Inc. acquired a new position in Heartland Financial USA shares in Q3 valued at $ 54,000. First Horizon Advisors Inc. increased its stake in Heartland Financial USA shares by 388.7% in the 3rd quarter. First Horizon Advisors Inc. now owns 259 shares of the bank valued at $ 61,000 after purchasing 206 more shares in the last quarter. IMA Wealth Inc. acquired a new position in Heartland Financial USA shares in the 3rd quarter valued at $ 94,000. Finally, Amundi Pioneer Asset Management Inc. acquired in the 1st quarter a new position in Heartland Financial USA shares for a value of $ 124,000. 60.03% of the shares are currently held by institutional investors and hedge funds.

Shares of HTLF opened at $ 50.42 on Friday. The company has a debt to equity ratio of 0.18, a quick ratio of 0.61, and a current ratio of 0.61. Heartland Financial USA has a one-year low of $ 36.71 and a one-year high of $ 54.03. The stock has a market cap of $ 2.13 billion, a price-to-earnings ratio of 10.37 and a beta of 1.26. The stock has a 50-day moving average price of $ 50.39 and a 200-day moving average price of $ 48.41.

The company also recently declared a quarterly dividend, which was paid on Tuesday, November 30. Shareholders of record on Monday, November 15, received a dividend of $ 0.27. This represents an annualized dividend of $ 1.08 and a dividend yield of 2.14%. The ex-dividend date of this dividend was Friday, November 12. This is a positive change from Heartland Financial USA’s previous quarterly dividend of $ 0.25. Heartland Financial USA’s dividend payout ratio is 22.22%.

Heartland Financial USA Company Profile

Heartland Financial USA, Inc. operates as a bank holding company. The company provides commercial banking services. It also carries out community banking activities. The company was founded in 1981 and its headquarters are in Dubuque, IA.

Featured Article: What is Put Option Volume?

Get a Free Copy of Zacks’ Research Report on Heartland Financial USA (HTLF)

For more information on Zacks Investment Research’s research offerings, visit

History and earnings estimates for Heartland Financial USA (NASDAQ: HTLF)

This instant news alert was powered by storytelling technology and financial data from MarketBeat to provide readers with the fastest, most accurate reports. This story was reviewed by the MarketBeat editorial team before publication. Please send any questions or comments about this story to [email protected]

Should you invest $ 1,000 in Heartland Financial USA now?

Before you consider Heartland Financial USA, you’ll want to hear this.

MarketBeat tracks Wall Street’s top-rated and top-performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat identified the top five stocks that top analysts quietly whisper to their clients to buy now before the broader market takes hold of… and Heartland Financial USA was not on the list.

While Heartland Financial USA currently has a “Buy” rating among analysts, top-rated analysts believe these five stocks are better buys.

See the 5 actions here