Heartland Financial USA Stock Analysis: A Diverse Portfolio with Strong Earnings Reports
Heartland Financial USA (NASDAQ:HTLF), a diversified financial services company providing banking, mortgage, wealth management, insurance, and consumer finance services across the US, has had an eventful year in terms of stock performance. As of April 7th, 2023, shares of HTLF opened at $36.27 on Friday. The firm’s 50-day simple moving average is $45.10 and its 200-day simple moving average is $46.20. The company has a debt-to-equity ratio of 0.23, a current ratio of 0.64 and a quick ratio of 0.64.
Heartland Financial USA boasts a wide array of subsidiaries that offer diverse financial products and services to customers in various regions throughout the country. The company’s focus remains on community banking while expanding its national presence via acquisition opportunities.
In other equity analysts’ news about this stock, StockNews.com started coverage on Heartland Financial USA in a report on Thursday, March 16th by issuing a “hold” rating on the stock.
Recently several transactions occurred involving Heartland executives where Director Martin J Schmitz sold several shares worth millions of dollars over February & March causing the market capitalisation around Heartland to fluctuate significantly.
When it comes to actual earnings reports for publicly traded companies like Heartland Financial USA stocks analysis includes looking at metrics such as earnings per share or EPS (earnings per share) as well as return on equity (ROE). In January of 2023, HTLF last released its earnings results reporting $1.37 EPS for the quarter—above consensus estimates—along with higher-than-expected revenue for the corresponding period.
