Hilltop (HTH) Expected to Announce Earnings on Thursday

Hilltop (NYSE:HTH) is expected to be releasing its earnings results before the market opens on Thursday, April 17th. Analysts expect Hilltop to post earnings of $0.28 per share and revenue of $290.68 million for the quarter.

Hilltop (NYSE:HTH) last announced 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 net margin of 7.04% and a return on equity of 5.18%. On average, analysts expect Hilltop to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Hilltop Stock Performance

HTH stock opened at $28.72 on Wednesday. The firm has a market cap of $1.86 billion, a P/E ratio of 16.50 and a beta of 1.00. The firm’s fifty day moving average is $30.62 and its 200 day moving average is $30.61. Hilltop has a 52 week low of $26.67 and a 52 week high of $35.32.

Hilltop Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, February 27th. Stockholders of record on Thursday, February 13th were paid a dividend of $0.18 per share. This is a boost from Hilltop’s previous quarterly dividend of $0.17. This represents a $0.72 dividend on an annualized basis and a dividend yield of 2.51%. The ex-dividend date was Thursday, February 13th. Hilltop’s dividend payout ratio (DPR) is 41.38%.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the company. Raymond James upgraded Hilltop from an “underperform” rating to a “market perform” rating in a report on Wednesday, April 2nd. Keefe, Bruyette & Woods dropped their price objective on Hilltop from $35.00 to $34.00 and set a “market perform” rating for the company in a research note on Monday, February 3rd.

About Hilltop

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.