Analysts predict that HBT Financial, Inc. (NASDAQ:HBT) will post $40.41 million in sales for the current fiscal quarter, according to Zacks. Three analysts have made estimates for HBT Financial’s earnings, with estimates ranging from $40.00 million to $40.80 million. HBT Financial posted sales of $40.26 million in the same quarter last year, which suggests a positive year over year growth rate of 0.4%. The firm is expected to report its next quarterly earnings report before the market opens on Thursday, January 27th.
On average, analysts expect that HBT Financial will report full year sales of $159.15 million for the current financial year, with estimates ranging from $158.56 million to $160.00 million. For the next financial year, analysts anticipate that the business will report sales of $158.89 million, with estimates ranging from $156.40 million to $162.26 million. Zacks Investment Research’s sales calculations are an average based on a survey of analysts that cover HBT Financial.
HBT Financial (NASDAQ:HBT) last released its quarterly earnings data on Sunday, October 24th. The company reported $0.50 earnings per share for the quarter, beating the consensus estimate of $0.43 by $0.07. The business had revenue of $39.11 million for the quarter, compared to analyst estimates of $39.04 million. HBT Financial had a return on equity of 14.95% and a net margin of 33.80%. During the same period in the previous year, the company posted $0.39 EPS.
A number of hedge funds have recently bought and sold shares of HBT. BlackRock Inc. increased its holdings in HBT Financial by 4.1% during the 2nd quarter. BlackRock Inc. now owns 1,312,015 shares of the company’s stock worth $22,843,000 after purchasing an additional 51,777 shares during the last quarter. The Manufacturers Life Insurance Company increased its holdings in HBT Financial by 2.6% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 749,215 shares of the company’s stock worth $13,044,000 after purchasing an additional 18,721 shares during the last quarter. Dimensional Fund Advisors LP increased its holdings in HBT Financial by 29.8% during the 2nd quarter. Dimensional Fund Advisors LP now owns 68,824 shares of the company’s stock worth $1,198,000 after purchasing an additional 15,816 shares during the last quarter. Lazard Asset Management LLC purchased a new stake in HBT Financial during the 2nd quarter worth approximately $26,000. Finally, Vanguard Group Inc. increased its holdings in HBT Financial by 0.4% during the 2nd quarter. Vanguard Group Inc. now owns 408,492 shares of the company’s stock worth $7,111,000 after purchasing an additional 1,548 shares during the last quarter. Institutional investors own 26.15% of the company’s stock.
NASDAQ HBT opened at $19.73 on Friday. The firm has a market capitalization of $573.26 million, a P/E ratio of 9.82 and a beta of 1.46. HBT Financial has a 1-year low of $14.18 and a 1-year high of $19.99. The company has a debt-to-equity ratio of 0.20, a current ratio of 0.75 and a quick ratio of 0.75. The business’s 50-day simple moving average is $18.71 and its 200-day simple moving average is $17.29.
The business also recently announced a quarterly dividend, which was paid on Tuesday, November 16th. Investors of record on Monday, November 8th were issued a dividend of $0.15 per share. The ex-dividend date of this dividend was Friday, November 5th. This represents a $0.60 annualized dividend and a dividend yield of 3.04%. HBT Financial’s payout ratio is currently 29.85%.
HBT Financial Company Profile
HBT Financial, Inc operates as the bank holding company for Heartland Bank and Trust Company and State Bank of Lincoln that provides business, commercial, and retail banking products and services to individuals, businesses, and municipal entities. It offers money market, savings, checking, HSA, IRA, and interest-bearing transaction accounts; time, brokered, and noninterest-bearing demand deposits; and certificates of deposits.
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