News coverage about Heartland Financial USA (NASDAQ:HTLF) has trended positive recently, Alpha One Sentiment Analysis reports. The research firm, a unit of Accern, ranks the sentiment of media coverage by monitoring more than 20 million blog and news sources. Alpha One ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Heartland Financial USA earned a news sentiment score of 0.27 on Alpha One’s scale. Alpha One also assigned media headlines about the bank an impact score of 34 out of 100, meaning that recent media coverage is unlikely to have an effect on the company’s share price in the next few days.
HTLF has been the subject of a number of analyst reports. Zacks Investment Research raised Heartland Financial USA from a “hold” rating to a “buy” rating and set a $55.00 price target for the company in a report on Wednesday, April 5th. FBR & Co reaffirmed a “mkt perform” rating and issued a $52.00 price target (up from $50.00) on shares of Heartland Financial USA in a report on Tuesday, April 25th. Finally, DA Davidson lowered Heartland Financial USA from a “buy” rating to a “neutral” rating in a report on Tuesday, April 25th. Four equities research analysts have rated the stock with a hold rating, The company currently has an average rating of “Hold” and a consensus price target of $46.75.
Heartland Financial USA (NASDAQ:HTLF) traded up 1.33% during midday trading on Tuesday, reaching $45.85. The company had a trading volume of 54,442 shares. The company has a market capitalization of $1.22 billion, a price-to-earnings ratio of 14.91 and a beta of 0.65. The firm has a 50-day moving average price of $48.34 and a 200-day moving average price of $47.16. Heartland Financial USA has a 52 week low of $32.41 and a 52 week high of $52.65.
Heartland Financial USA (NASDAQ:HTLF) last issued its quarterly earnings results on Monday, April 24th. The bank reported $0.68 earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of $0.68. Heartland Financial USA had a return on equity of 11.74% and a net margin of 18.26%. The business had revenue of $106.44 million during the quarter, compared to analyst estimates of $100.45 million. During the same quarter in the prior year, the business posted $0.82 EPS. Analysts expect that Heartland Financial USA will post $2.92 EPS for the current fiscal year.
The firm also recently declared a quarterly dividend, which will be paid on Friday, June 2nd. Shareholders of record on Friday, May 19th will be paid a $0.11 dividend. The ex-dividend date is Wednesday, May 17th. This represents a $0.44 dividend on an annualized basis and a yield of 0.96%. Heartland Financial USA’s payout ratio is presently 12.46%.
In other Heartland Financial USA news, EVP Douglas J. Horstmann sold 10,000 shares of the stock in a transaction on Wednesday, February 22nd. The stock was sold at an average price of $49.00, for a total value of $490,000.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 12.63% of the company’s stock.
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About Heartland Financial USA
Heartland Financial USA, Inc (Heartland) is a multi-bank holding company. The Company’s segments include community and other banking, and retail mortgage banking. Its community and other banking segment is engaged in making loans to, and generating deposits from, individuals and businesses in the markets where Heartland has banks.
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