HBT Financial, Inc. (HBT) To Go Ex-Dividend on February 9th

by · The Cerbat Gem

HBT Financial, Inc. (NASDAQ:HBT – Get Free Report) announced a quarterly dividend on Tuesday, January 27th. Investors of record on Monday, February 9th will be given a dividend of 0.23 per share on Tuesday, February 17th. This represents a c) dividend on an annualized basis and a yield of 3.4%. The ex-dividend date of this dividend is Monday, February 9th. This is a 9.5% increase from HBT Financial’s previous quarterly dividend of $0.21.

HBT Financial has a dividend payout ratio of 34.7% indicating that its dividend is sufficiently covered by earnings. Analysts expect HBT Financial to earn $2.39 per share next year, which means the company should continue to be able to cover its $0.84 annual dividend with an expected future payout ratio of 35.1%.

HBT Financial Trading Up 1.0%

NASDAQ HBT traded up $0.27 during mid-day trading on Thursday, reaching $26.76. 7,168 shares of the stock were exchanged, compared to its average volume of 28,292. The company has a debt-to-equity ratio of 0.10, a current ratio of 0.81 and a quick ratio of 0.81. The stock has a market cap of $841.07 million, a P/E ratio of 10.97 and a beta of 0.58. The stock has a 50 day simple moving average of $25.98 and a 200-day simple moving average of $25.35. HBT Financial has a one year low of $19.46 and a one year high of $29.33.

HBT Financial (NASDAQ:HBT – Get Free Report) last posted its quarterly earnings results on Monday, January 26th. The company reported $0.64 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.64. HBT Financial had a return on equity of 13.69% and a net margin of 26.20%.The business had revenue of $61.46 million for the quarter, compared to the consensus estimate of $61.00 million. On average, analysts anticipate that HBT Financial will post 2.34 EPS for the current year.

Wall Street Analyst Weigh In

Several research firms recently commented on HBT. Weiss Ratings reaffirmed a “buy (b)” rating on shares of HBT Financial in a report on Thursday, January 22nd. Raymond James Financial raised shares of HBT Financial from a “market perform” rating to an “outperform” rating and set a $30.00 price objective for the company in a research note on Wednesday, January 7th. DA Davidson set a $27.00 price target on HBT Financial in a research report on Tuesday, October 21st. Finally, Piper Sandler dropped their price objective on HBT Financial from $29.00 to $27.50 and set a “neutral” rating for the company in a report on Tuesday, October 21st. Four investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $28.50.

Get Our Latest Analysis on HBT Financial

HBT Financial Company Profile

(Get Free Report)

HBT Financial, Inc is the bank holding company for HomeTrust Bank, a community-focused financial institution based in Lenoir, North Carolina. Through its subsidiary, HomeTrust Bank, the company provides a full suite of personal and business banking services across western North Carolina, eastern Tennessee and Upstate South Carolina. The company’s operations include a network of branch offices, ATMs and online banking platforms designed to serve both urban and rural communities in its primary market areas.

HomeTrust Bank’s product offerings encompass traditional deposit accounts such as checking, savings and money market accounts, as well as certificates of deposit.

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