Analysts Provide Predictions for Heartland BancCorp’s Second Quarter 2022 Earnings (OTCMKTS:HLAN)

Heartland BancCorp (OTCMKTS:HLAN – Get Rating) – DA Davidson released his Q2 2022 earnings estimates for Heartland BancCorp stock in a research report released to clients and investors on Thursday, April 21. DA Davidson analyst R. Gunther expects the bank to earn $1.76 per share in the quarter. DA Davidson has a Buy rating on the stock.
Heartland BancCorp (OTCMKTS:HLAN – Get Rating) last issued its quarterly earnings data on Tuesday, April 19th. The bank reported earnings per share (EPS) of $1.99 for the quarter, beating analyst consensus estimates of $1.84 by $0.15.
Separately, Zacks Investment Research upgraded Heartland BancCorp from a “hold” rating to a “buy” rating and placed a price target of $103.00 on the company in a research report on Wednesday, March 30th.
HLAN shares opened at $94.00 on Monday. The stock has a market cap of $188.75 million, a price-to-earnings ratio of 10.60 and a beta of 0.73. The stock’s 50-day simple moving average is $91.89 and its 200-day simple moving average is $91.75. Heartland BancCorp has a 52-week low of $87.00 and a 52-week high of $96.52.
The company also recently announced a dividend, which was paid on Sunday, April 10th. Stockholders of record on Friday, March 25 received a dividend of $0.69 per share. This corresponds to a dividend yield of 3.07%. The ex-dividend date of this dividend was Thursday, March 24th. This is an increase from Heartland BancCorp’s previous dividend of $0.63. Heartland BancCorp’s dividend payout ratio (DPR) is 31.12%.
About Heartland BancCorp (received rating)
Heartland BancCorp acts as the bank holding company for Heartland Bank, which provides a variety of banking and financial services to individual and corporate customers. The company offers personal and business checking and savings accounts. It also offers various lending solutions including home mortgage loans; personal loans, such as home equity loans and unsecured personal loans, as well as auto, boat, motorcycle, automobile, recreational vehicle and trailer loans; commercial and residential real estate loans, home loans, small business management loans and working capital lines of credit and equipment financing; participation loan; financial solutions for different markets; and credit solutions for the agribusiness.
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