Zacks Research Brokers Boost Earnings Estimates for Hilltop

Hilltop Holdings Inc. (NYSE:HTH - Free Report) - Research analysts at Zacks Research increased their FY2025 earnings estimates for Hilltop in a research note issued on Tuesday, July 1st. Zacks Research analyst R. Department now forecasts that the financial services provider will earn $1.80 per share for the year, up from their previous forecast of $1.79. The consensus estimate for Hilltop's current full-year earnings is $1.51 per share.

A number of other brokerages have also issued reports on HTH. Keefe, Bruyette & Woods decreased their target price on shares of Hilltop from $34.00 to $32.00 and set a "market perform" rating on the stock in a research report on Wednesday, April 30th. Raymond James Financial upgraded shares of Hilltop from an "underperform" rating to a "market perform" rating in a research report on Wednesday, April 2nd.

Hilltop Stock Performance

NYSE HTH traded up $0.32 during mid-day trading on Thursday, reaching $31.91. 346,590 shares of the stock were exchanged, compared to its average volume of 359,600. Hilltop has a 1-year low of $26.67 and a 1-year high of $35.32. The business's fifty day simple moving average is $30.10 and its 200 day simple moving average is $29.93. The stock has a market capitalization of $2.05 billion, a PE ratio of 16.20 and a beta of 0.87.

Hilltop (NYSE:HTH - Get Free Report) last announced its earnings results on Thursday, April 24th. The financial services provider reported $0.65 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.28 by $0.37. Hilltop had a net margin of 7.87% and a return on equity of 5.79%. The firm had revenue of $318.46 million for the quarter, compared to analyst estimates of $290.68 million. During the same quarter last year, the business earned $0.42 earnings per share.

Hedge Funds Weigh In On Hilltop

Hedge funds have recently made changes to their positions in the business. Barclays PLC raised its stake in shares of Hilltop by 10.1% in the 4th quarter. Barclays PLC now owns 117,348 shares of the financial services provider's stock valued at $3,359,000 after acquiring an additional 10,729 shares during the period. GAMMA Investing LLC increased its stake in Hilltop by 4,242.6% during the 1st quarter. GAMMA Investing LLC now owns 17,631 shares of the financial services provider's stock worth $579,000 after buying an additional 17,225 shares during the period. Deutsche Bank AG increased its stake in Hilltop by 26.1% during the 4th quarter. Deutsche Bank AG now owns 68,768 shares of the financial services provider's stock worth $1,969,000 after buying an additional 14,215 shares during the period. Voya Investment Management LLC increased its stake in Hilltop by 1.5% during the 4th quarter. Voya Investment Management LLC now owns 153,422 shares of the financial services provider's stock worth $4,392,000 after buying an additional 2,271 shares during the period. Finally, Millennium Management LLC increased its stake in Hilltop by 29.3% during the 4th quarter. Millennium Management LLC now owns 137,098 shares of the financial services provider's stock worth $3,925,000 after buying an additional 31,076 shares during the period. Hedge funds and other institutional investors own 57.13% of the company's stock.

Hilltop Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, May 22nd. Shareholders of record on Thursday, May 8th were paid a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a yield of 2.26%. The ex-dividend date of this dividend was Thursday, May 8th. Hilltop's dividend payout ratio is currently 36.55%.

About Hilltop

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.