HBT Financial (HBT) to Release Earnings on Monday

HBT Financial (NASDAQ:HBT) will be releasing its earnings data before the market opens on Monday, July 22nd. Analysts expect HBT Financial to post earnings of $0.56 per share for the quarter.

HBT Financial (NASDAQ:HBT) last announced its quarterly earnings data on Monday, April 22nd. The company reported $0.57 earnings per share for the quarter, hitting the consensus estimate of $0.57. The company had revenue of $52.31 million during the quarter, compared to analyst estimates of $56.29 million. HBT Financial had a net margin of 26.29% and a return on equity of 16.14%. On average, analysts expect HBT Financial to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

HBT Financial Price Performance

Shares of HBT stock opened at $23.06 on Friday. The firm has a market cap of $728.47 million, a P/E ratio of 10.20 and a beta of 0.87. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.82 and a quick ratio of 0.82. HBT Financial has a 1-year low of $17.42 and a 1-year high of $24.10. The firm has a fifty day moving average of $19.84 and a two-hundred day moving average of $19.46.

HBT Financial Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, May 14th. Investors of record on Tuesday, May 7th were given a dividend of $0.19 per share. This represents a $0.76 dividend on an annualized basis and a dividend yield of 3.30%. The ex-dividend date of this dividend was Monday, May 6th. HBT Financial’s dividend payout ratio is presently 33.63%.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the stock. Piper Sandler boosted their price objective on shares of HBT Financial from $21.00 to $21.50 and gave the company a “neutral” rating in a research report on Tuesday, April 23rd. JPMorgan Chase & Co. lowered their price objective on shares of HBT Financial from $22.00 to $21.00 and set an “underweight” rating for the company in a research report on Thursday, June 27th. Finally, Raymond James raised shares of HBT Financial from a “market perform” rating to an “outperform” rating and set a $23.00 price objective for the company in a research report on Friday, May 10th.

Insider Buying and Selling at HBT Financial

In related news, Director Eric E. Burwell purchased 6,000 shares of HBT Financial stock in a transaction dated Tuesday, June 11th. The stock was bought at an average cost of $18.99 per share, with a total value of $113,940.00. Following the purchase, the director now owns 31,820 shares in the company, valued at approximately $604,261.80. The acquisition was disclosed in a document filed with the SEC, which is available through this link. 59.80% of the stock is currently owned by company insiders.

About HBT Financial

HBT Financial, Inc operates as the bank holding company for Heartland Bank and Trust Company that provides business, commercial, and retail banking products and services to individuals, businesses, and municipal entities in Central and Northeastern Illinois, and Eastern Iowa. The company's deposits accounts consist of noninterest-bearing demand deposits, interest-bearing transaction accounts, money market accounts, savings accounts, certificates of deposits, health savings accounts, and individual retirement accounts.