Heartland Financial USA (HTLF) Expected to Announce Earnings on Monday

Heartland Financial USA (NASDAQ:HTLF) is expected to issue its quarterly earnings data before the market opens on Monday, February 3rd. Analysts expect the company to announce earnings of $1.06 per share and revenue of $178.28 million for the quarter.

Heartland Financial USA Stock Down 2.2 %

HTLF stock opened at $64.67 on Friday. The firm has a 50-day moving average price of $64.78 and a 200-day moving average price of $59.48. Heartland Financial USA has a 12 month low of $32.03 and a 12 month high of $70.27. The company has a current ratio of 0.76, a quick ratio of 0.76 and a debt-to-equity ratio of 0.18. The stock has a market capitalization of $2.77 billion, a P/E ratio of 36.13 and a beta of 0.98.

Heartland Financial USA Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, January 27th. Investors of record on Tuesday, January 14th were paid a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 1.86%. The ex-dividend date was Tuesday, January 14th. Heartland Financial USA’s payout ratio is 67.04%.

Insider Transactions at Heartland Financial USA

In other Heartland Financial USA news, Director Jennifer K. Hopkins sold 5,811 shares of Heartland Financial USA stock in a transaction dated Monday, December 9th. The stock was sold at an average price of $67.56, for a total transaction of $392,591.16. Following the transaction, the director now directly owns 6,963 shares of the company’s stock, valued at approximately $470,420.28. The trade was a 45.49 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Mark A. Frank sold 432 shares of the stock in a transaction dated Friday, November 22nd. The shares were sold at an average price of $67.24, for a total value of $29,047.68. Following the completion of the sale, the executive vice president now directly owns 1,060 shares of the company’s stock, valued at approximately $71,274.40. The trade was a 28.95 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 28,743 shares of company stock worth $1,958,839. Insiders own 1.80% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com initiated coverage on shares of Heartland Financial USA in a report on Friday, January 3rd. They set a “hold” rating for the company.

Heartland Financial USA Company Profile

Heartland Financial USA, Inc, a bank holding company, provides commercial, small business, and consumer banking services to individuals and businesses in the United States. The company accepts various deposit products, including checking, demand deposit accounts, NOW accounts, savings, money market, and individual retirement; certificates of deposit; and other time deposits.