Hingham Institution for Savings (HIFS) Stock Forecast, Price & News

Hingham Institution for Savings' stock was trading at $275.96 at the beginning of 2023. Since then, HIFS stock has decreased by 33.1% and is now trading at $184.50.
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The company is scheduled to release its next quarterly earnings announcement on Friday, October 13th 2023.
View our HIFS earnings forecast.

Hingham Institution for Savings (NASDAQ:HIFS) announced its quarterly earnings results on Friday, July, 14th. The savings and loans company reported $1.85 EPS for the quarter. The savings and loans company had revenue of $18.70 million for the quarter. Hingham Institution for Savings had a net margin of 23.59% and a trailing twelve-month return on equity of 8.74%.

Hingham Institution for Savings declared a quarterly dividend on Friday, July 14th. Investors of record on Monday, July 31st will be paid a dividend of $0.63 per share on Wednesday, August 9th. This represents a $2.52 annualized dividend and a dividend yield of 1.37%. The ex-dividend date of this dividend is Friday, July 28th.
Read our dividend analysis for HIFS.

Opus Small Cap Value Plus ETF holds 20,549 shares of HIFS stock, representing 1.66% of its portfolio.

Hingham Institution for Savings (NASDAQ:HIFS) pays an annual dividend of $2.52 per share and currently has a dividend yield of 1.32%. The company has been increasing its dividend for 14 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 14.13%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for HIFS.

7 employees have rated Hingham Institution for Savings Chief Executive Officer Robert H. Gaughen Jr. on Glassdoor.com. Robert H. Gaughen Jr. has an approval rating of 89% among the company's employees. 74.0% of employees surveyed would recommend working at Hingham Institution for Savings to a friend.

Based on aggregate information from My MarketBeat watchlists, some companies that other Hingham Institution for Savings investors own include United Technologies (UTX), Intuitive Surgical (ISRG), Huntington Bancshares (HBAN), Wells Fargo & Company (WFC), Gilead Sciences (GILD), Las Vegas Sands (LVS), AbbVie (ABBV), Franklin Resources (BEN), Community Bank System (CBU) and Carnival Co. & (CCL).

Hingham Institution for Savings trades on the NASDAQ under the ticker symbol "HIFS."

Hingham Institution for Savings' stock is owned by a variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (5.90%), Port Capital LLC (5.15%), Dimensional Fund Advisors LP (3.07%), Schwartz Investment Counsel Inc. (2.89%), Royce & Associates LP (2.44%) and State Street Corp (1.50%).

Shares of HIFS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of HIFS stock can currently be purchased for approximately $184.50.

Hingham Institution for Savings (NASDAQ:HIFS) has a market capitalization of $395.75 million and generates $84.09 million in revenue each year. The savings and loans company earns $37.52 million in net income (profit) each year or $17.84 on an earnings per share basis.

Hingham Institution for Savings' mailing address is 55 Main Street, Hingham MA, 02043. The official website for the company is www.hinghamsavings.com. The savings and loans company can be reached via phone at (781) 749-2200.