Analysts predict HBT Financial, Inc. (NASDAQ:HBT) will post revenue of $40.41 million for the current fiscal quarter, according to Zacks. Three analysts have made earnings estimates for HBT Financial, with estimates ranging from $40.00 million to $40.80 million. HBT Financial reported sales of $40.26 million in the same quarter last year, suggesting a positive year-over-year growth rate of 0.4%. The company is expected to release its next quarterly earnings report before the market opens on Thursday, January 27.
On average, analysts expect HBT Financial to report annual revenue of $159.15 million for the current fiscal year, with estimates ranging from $158.56 million to $160.00 million. of dollars. For the next fiscal year, analysts expect the company to record sales of $158.89 million, with estimates ranging from $156.40 million to $162.26 million. Zacks Investment Research sales calculations are an average based on a survey of analysts who cover HBT Financial.
HBT Financial (NASDAQ:HBT) last released its quarterly earnings data on Sunday, October 24. The company reported earnings per share of $0.50 for the quarter, beating the consensus estimate of $0.43 by $0.07. The company posted revenue of $39.11 million for the quarter, versus 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 of the previous year, the company posted EPS of $0.39.
Several stock analysts have weighed in on the company recently. TheStreet upgraded HBT Financial from a “c” to a “b-” rating in a research note on Tuesday, October 26. Zacks Investment Research upgraded HBT Financial from a “hold” rating to a “buy” rating and set a target price of $21.00 on the stock in a report on Wednesday, December 29.
A number of hedge funds have recently bought and sold shares of HBT. BlackRock Inc. increased its stake in HBT Financial by 4.1% during Q2. BlackRock Inc. now owns 1,312,015 shares of the company worth $22,843,000 after purchasing an additional 51,777 shares in the last quarter. The Manufacturers Life Insurance Company increased its position in HBT Financial by 2.6% during the second quarter. The Manufacturers Life Insurance Company now owns 749,215 shares of the company worth $13,044,000 after purchasing an additional 18,721 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in HBT Financial by 29.8% during the 2nd quarter. Dimensional Fund Advisors LP now owns 68,824 shares of the company worth $1,198,000 after purchasing an additional 15,816 shares in the last quarter. Lazard Asset Management LLC acquired a new stake in HBT Financial during Q2 worth approximately $26,000. Finally, Vanguard Group Inc. increased its stake in HBT Financial by 0.4% during the second quarter. Vanguard Group Inc. now owns 408,492 shares of the company worth $7,111,000 after purchasing an additional 1,548 shares in the last quarter. Institutional investors hold 26.15% of the company’s shares.
The NASDAQ HBT opened at $19.73 on Friday. The company 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 ratio of 0.20, a current ratio of 0.75 and a quick ratio of 0.75. The company’s 50-day simple moving average is $18.71 and its 200-day simple moving average is $17.29.
The company also recently announced a quarterly dividend, which was paid on Tuesday, November 16. Investors of record on Monday, November 8 received a dividend of $0.15 per share. The ex-dividend date was Friday, November 5. This represents an annualized dividend of $0.60 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 a bank holding company for Heartland Bank and Trust Company and State Bank of Lincoln which provides corporate, 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; term, negotiated and non-interest bearing demand deposits; and certificates of deposit.
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