Analysts Expect Hilltop Holdings Inc. (HTH) to Post $0.26 Earnings Per Share

Analysts expect Hilltop Holdings Inc. (NYSE:HTH) to announce $0.26 earnings per share (EPS) for the current quarter, Zacks Investment Research reports. Three analysts have provided estimates for Hilltop’s earnings, with estimates ranging from $0.23 to $0.30. Hilltop posted earnings of $0.25 per share in the same quarter last year, which suggests a positive year over year growth rate of 4%. The company is scheduled to report its next earnings report on Thursday, April 25th.

On average, analysts expect that Hilltop will report full year earnings of $1.48 per share for the current year, with EPS estimates ranging from $1.41 to $1.64. For the next fiscal year, analysts anticipate that the company will report earnings of $1.65 per share, with EPS estimates ranging from $1.52 to $1.78. Zacks’ earnings per share calculations are an average based on a survey of sell-side research firms that cover Hilltop.

Hilltop (NYSE:HTH) last released its earnings results on Thursday, January 24th. The financial services provider reported $0.30 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.44 by ($0.14). Hilltop had a net margin of 7.58% and a return on equity of 6.24%. The firm had revenue of $356.23 million during the quarter, compared to analyst estimates of $367.43 million. During the same period in the previous year, the company earned $0.14 earnings per share.

Several brokerages have weighed in on HTH. Compass Point reaffirmed a “buy” rating and set a $21.50 price target (down from $25.00) on shares of Hilltop in a research report on Monday, January 28th. Stephens reaffirmed a “hold” rating and set a $19.00 price target on shares of Hilltop in a research report on Friday, January 25th. ValuEngine downgraded Hilltop from a “hold” rating to a “sell” rating in a research report on Wednesday, January 30th. Zacks Investment Research downgraded Hilltop from a “hold” rating to a “sell” rating in a research report on Monday, December 31st. Finally, Piper Jaffray Companies raised Hilltop from a “neutral” rating to an “overweight” rating and set a $21.00 price target on the stock in a research report on Thursday, March 28th. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and three have given a buy rating to the company’s stock. Hilltop has a consensus rating of “Hold” and a consensus price target of $21.38.

Shares of NYSE HTH traded down $0.13 during mid-day trading on Thursday, hitting $18.50. The stock had a trading volume of 6,279 shares, compared to its average volume of 509,668. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.00 and a quick ratio of 0.87. Hilltop has a twelve month low of $16.43 and a twelve month high of $24.94. The company has a market cap of $1.71 billion, a price-to-earnings ratio of 14.47 and a beta of 0.83.

In other news, CEO Alan B. White sold 8,657 shares of the stock in a transaction dated Tuesday, February 26th. The shares were sold at an average price of $19.40, for a total transaction of $167,945.80. Following the sale, the chief executive officer now directly owns 214,150 shares of the company’s stock, valued at approximately $4,154,510. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CEO Alan B. White sold 69,029 shares of the stock in a transaction dated Thursday, February 28th. The stock was sold at an average price of $19.36, for a total transaction of $1,336,401.44. Following the sale, the chief executive officer now directly owns 214,150 shares in the company, valued at $4,145,944. The disclosure for this sale can be found here. 22.30% of the stock is currently owned by company insiders.

Several hedge funds have recently bought and sold shares of HTH. First Trust Advisors LP boosted its stake in shares of Hilltop by 144.7% during the 3rd quarter. First Trust Advisors LP now owns 106,274 shares of the financial services provider’s stock worth $2,144,000 after acquiring an additional 62,843 shares in the last quarter. Russell Investments Group Ltd. boosted its stake in shares of Hilltop by 39.6% during the 3rd quarter. Russell Investments Group Ltd. now owns 51,001 shares of the financial services provider’s stock worth $1,029,000 after acquiring an additional 14,460 shares in the last quarter. Victory Capital Management Inc. boosted its stake in shares of Hilltop by 89.1% during the 3rd quarter. Victory Capital Management Inc. now owns 26,388 shares of the financial services provider’s stock worth $532,000 after acquiring an additional 12,435 shares in the last quarter. Janus Henderson Group PLC purchased a new stake in shares of Hilltop during the 3rd quarter worth about $231,000. Finally, FMR LLC boosted its stake in shares of Hilltop by 2.4% during the 3rd quarter. FMR LLC now owns 6,832,993 shares of the financial services provider’s stock worth $137,822,000 after acquiring an additional 162,562 shares in the last quarter. 61.21% of the stock is currently owned by institutional investors and hedge funds.

About Hilltop

Hilltop Holdings Inc provides banking and financial products and services. The company operates in four segments: Banking, Broker-Dealer, Mortgage Origination, and Insurance. 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, equipment loans and leases, agricultural and commercial real estate loans, and other loans; and commercial and industrial loans, and term and construction finance.

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Earnings History and Estimates for Hilltop (NYSE:HTH)

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