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 15.8% and is now trading at $232.32.
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Hingham Institution for Savings saw a increase in short interest in March. As of March 15th, there was short interest totaling 71,200 shares, an increase of 49.3% from the February 28th total of 47,700 shares. Based on an average daily volume of 10,600 shares, the days-to-cover ratio is presently 6.7 days. Approximately 4.7% of the shares of the company are short sold.
View Hingham Institution for Savings' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 13th 2023.
View our HIFS earnings forecast.

Hingham Institution for Savings (NASDAQ:HIFS) released its quarterly earnings data on Thursday, January, 19th. The savings and loans company reported $4.42 earnings per share (EPS) for the quarter. The savings and loans company earned $24.22 million during the quarter. Hingham Institution for Savings had a net margin of 31.71% and a trailing twelve-month return on equity of 14.76%.

Hingham Institution for Savings declared a quarterly dividend on Monday, November 21st. Stockholders of record on Monday, January 2nd will be paid a dividend of $1.38 per share on Wednesday, January 11th. This represents a $5.52 dividend on an annualized basis and a dividend yield of 2.38%. The ex-dividend date of this dividend is Thursday, December 29th. This is an increase from the stock's previous quarterly dividend of $0.61.
Read our dividend analysis for HIFS.

ETFs with the largest weight of Hingham Institution for Savings (NASDAQ:HIFS) stock in their portfolio include Opus Small Cap Value Plus ETF (OSCV), AdvisorShares Dorsey Wright Micro-Cap ETF (DWMC), First Trust NASDAQ ABA Community Bank Index Fund (QABA), Janus Henderson Small Cap Growth Alpha ETF (JSML).

Hingham Institution for Savings (NASDAQ:HIFS) pays an annual dividend of $2.52 per share and currently has a dividend yield of 1.07%. 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 14.79%. 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 retail and institutional investors. Top institutional investors include Port Capital LLC (6.34%), Dimensional Fund Advisors LP (2.62%), Epoch Investment Partners Inc. (2.53%), Schwartz Investment Counsel Inc. (1.58%), Geode Capital Management LLC (1.33%) and Renaissance Technologies LLC (1.13%).

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 $232.32.

Hingham Institution for Savings (NASDAQ:HIFS) has a market capitalization of $499.49 million and generates $118.31 million in revenue each year. The savings and loans company earns $37.52 million in net income (profit) each year or $17.04 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.