HBT Financial (HBT) Set to Announce Earnings on Wednesday

HBT Financial (NASDAQ:HBT – Get Rating) will announce its earnings results before the market opens on Wednesday, January 25th. Analysts expect the company to announce earnings of $0.57 per share for the quarter.

HBT Financial (NASDAQ:HBT – Get Rating) last announced its earnings results on Monday, October 24th. The company reported $0.55 EPS for the quarter, topping the consensus estimate of $0.49 by $0.06. HBT Financial had a return on equity of 14.68% and a net margin of 31.86%. The firm had revenue of $45.62 million for the quarter, compared to analysts’ expectations of $44.49 million. On average, analysts expect HBT Financial to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

HBT Financial Price Performance

NASDAQ:HBT traded down $0.09 during midday trading on Tuesday, hitting $19.59. 44,135 shares of the stock were exchanged, compared to its average volume of 27,609. HBT Financial has a one year low of $16.09 and a one year high of $22.48. The company has a market capitalization of $563.27 million, a price-to-earnings ratio of 9.94 and a beta of 0.94. The business has a 50-day moving average price of $19.83 and a two-hundred day moving average price of $19.07. The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 0.38.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of HBT. Dimensional Fund Advisors LP increased its holdings in shares of HBT Financial by 21.1% in the first quarter. Dimensional Fund Advisors LP now owns 111,738 shares of the company’s stock valued at $2,031,000 after buying an additional 19,454 shares in the last quarter. Rhumbline Advisers purchased a new position in HBT Financial during the 2nd quarter worth approximately $270,000. State Street Corp grew its position in HBT Financial by 4.9% during the 1st quarter. State Street Corp now owns 164,009 shares of the company’s stock worth $2,982,000 after purchasing an additional 7,639 shares in the last quarter. Bank of New York Mellon Corp grew its position in HBT Financial by 4.2% during the 3rd quarter. Bank of New York Mellon Corp now owns 166,149 shares of the company’s stock worth $3,016,000 after purchasing an additional 6,634 shares in the last quarter. Finally, The Manufacturers Life Insurance Company grew its position in HBT Financial by 0.6% during the 1st quarter. The Manufacturers Life Insurance Company now owns 877,337 shares of the company’s stock worth $15,950,000 after purchasing an additional 5,585 shares in the last quarter. Institutional investors own 25.43% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently commented on HBT shares. TheStreet raised HBT Financial from a “c” rating to a “b” rating in a report on Monday, October 24th. JPMorgan Chase & Co. dropped their target price on HBT Financial from $19.50 to $19.00 and set an “underweight” rating on the stock in a report on Tuesday, December 13th.

About HBT Financial

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HBT Financial, Inc operates as the bank holding company for Heartland Bank and Trust Company that provides business, commercial, and retail banking products and services to individuals, businesses, and municipal entities. The company's deposits accounts consist of noninterest-bearing demand deposits, interest-bearing transaction accounts, money market accounts, savings accounts, certificates of deposits, health savings accounts, and individual retirement accounts.