Heartland BancCorp (OTCMKTS:HLAN) Expected to Earn FY2023 Earnings of $9.50 Per Share

Heartland BancCorp (OTCMKTS:HLANGet Rating) – Stock analysts at DA Davidson upped their FY2023 earnings per share estimates for Heartland BancCorp in a report issued on Thursday, July 21st. DA Davidson analyst R. Gunther now expects that the bank will earn $9.50 per share for the year, up from their previous estimate of $9.20. The consensus estimate for Heartland BancCorp’s current full-year earnings is $7.81 per share.

Heartland BancCorp Price Performance

OTCMKTS HLAN opened at $90.50 on Friday. The company has a 50-day simple moving average of $90.71 and a two-hundred day simple moving average of $91.34. The firm has a market cap of $181.91 million, a price-to-earnings ratio of 10.34 and a beta of 0.64. Heartland BancCorp has a 12-month low of $87.00 and a 12-month high of $95.00.

Heartland BancCorp (OTCMKTS:HLANGet Rating) last issued its quarterly earnings results on Tuesday, April 19th. The bank reported $1.99 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.84 by $0.15. The business had revenue of $16.06 million for the quarter, compared to the consensus estimate of $16.20 million.

Heartland BancCorp Announces Dividend

The company also recently disclosed a dividend, which was paid on Sunday, July 10th. Shareholders of record on Friday, June 24th were issued a $0.69 dividend. The ex-dividend date was Thursday, June 23rd. This represents a yield of 3.05%. Heartland BancCorp’s dividend payout ratio (DPR) is 31.54%.

Heartland BancCorp Company Profile

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Heartland BancCorp operates as the bank holding company for Heartland Bank that provides various banking and financial services to individual and corporate customers. The company offers personal and business checking and savings accounts. It also provides various lending solutions comprising home mortgage loans; personal loans, such as home equity and personal unsecured loans, as well as automobile, boat, motorcycle, power sport vehicle, recreational vehicle, and trailer loans; commercial and residential real estate loans, construction loans, small business administration loans, and working capital lines of credit and equipment financing; participation loans; financial solutions for various markets; and agribusiness lending solutions.

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Earnings History and Estimates for Heartland BancCorp (OTCMKTS:HLAN)

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