Heartland BancCorp (OTCMKTS: HLAN – Get a rating) – Equity researchers DA Davidson raised their fiscal 2023 earnings estimates for Heartland BancCorp shares in a note to investors Thursday, July 21. DA Davidson analyst R. Gunther now expects the bank to post earnings of $9.50 per share for the year, up from its previous estimate of $9.20. Heartland BancCorp’s current annual earnings consensus estimate is $7.81 per share.
Heartland BancCorp (OTCMKTS: HLAN – Get a rating) last released its quarterly earnings data on Tuesday, April 19. The bank reported earnings per share of $1.99 for the quarter, beating the consensus estimate of $1.84 by $0.15. The company had revenue of $16.06 million in the quarter, versus a consensus estimate of $16.20 million.
Price performance of Heartland BancCorp
Shares of OTCMKTS HLAN opened at $90.50 on Friday. The stock has a market capitalization of $181.91 million, a P/E ratio of 10.33 and a beta of 0.64. Heartland BancCorp has a one-year low of $87.00 and a one-year high of $95.00. The company’s 50-day simple moving average is $90.77 and its two-hundred-day simple moving average is $91.35.
Heartland BancCorp Announces Dividend
The company also recently disclosed a dividend, which was paid on Sunday, July 10. Shareholders of record on Friday, June 24 received a dividend of $0.69 per share. This represents a return of 3.05%. The ex-dividend date was Thursday, June 23. Heartland BancCorp’s dividend payout ratio is currently 31.54%.
About Heartland BancCorp
Heartland BancCorp operates as a bank holding company for Heartland Bank which provides various banking and financial services to individuals and businesses. The company offers personal and business checking and savings accounts. It also offers various lending solutions including home mortgages; personal loans, such as home loans and unsecured personal loans, as well as loans for automobiles, boats, motorcycles, motor sports vehicles, recreational vehicles and trailers; commercial and residential real estate loans, construction loans, small business administration loans and working capital lines of credit and equipment financing; equity loans; financial solutions for various markets; and lending solutions for agribusiness.
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