Hilltop (NYSE:HTH – Get Free Report) released its quarterly earnings results on Thursday. The financial services provider reported $0.31 earnings per share for the quarter, topping analysts’ consensus estimates of $0.26 by $0.05, Briefing.com reports. The firm had revenue of $297.00 million during the quarter, compared to analysts’ expectations of $283.22 million. Hilltop had a return on equity of 5.32% and a net margin of 7.10%. Hilltop’s quarterly revenue was down 3.9% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.28 EPS.
Hilltop Stock Down 1.9 %
Shares of HTH opened at $34.16 on Friday. The business’s 50 day moving average is $31.16 and its two-hundred day moving average is $31.17. Hilltop has a 52-week low of $26.78 and a 52-week high of $35.66. The firm has a market cap of $2.23 billion, a price-to-earnings ratio of 19.98 and a beta of 1.12.
Hilltop Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Friday, August 30th. Shareholders of record on Friday, August 16th will be given a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.99%. The ex-dividend date of this dividend is Friday, August 16th. Hilltop’s payout ratio is 39.77%.
Insider Buying and Selling at Hilltop
Hilltop Company Profile
Hilltop Holdings Inc provides business and consumer banking services. It operates through three segments: Banking, Broker-Dealer, and Mortgage Origination. 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, term, agricultural and commercial real estate, equipment loans, and other lending products; and mortgage, commercial and industrial loans, and term and construction finance.
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