$40.41 Million in Sales Expected for HBT Financial, Inc. (NASDAQ:HBT) This Quarter

Analysts forecast that HBT Financial, Inc. (NASDAQ:HBT) will report sales of $40.41 million for the current quarter, Zacks Investment Research reports. Three analysts have provided estimates for HBT Financial’s earnings, with estimates ranging from $40.00 million to $40.80 million. HBT Financial posted sales of $40.26 million during the same quarter last year, which would indicate a positive year over year growth rate of 0.4%. The firm is scheduled to report its next earnings report before the market opens on Thursday, January 27th.

On average, analysts expect that HBT Financial will report full year sales of $159.15 million for the current fiscal year, with estimates ranging from $158.56 million to $160.00 million. For the next fiscal year, analysts expect that the firm will report sales of $158.89 million, with estimates ranging from $156.40 million to $162.26 million. Zacks’ sales calculations are a mean average based on a survey of sell-side research firms that cover HBT Financial.

HBT Financial (NASDAQ:HBT) last posted its quarterly earnings data on Sunday, October 24th. The company reported $0.50 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.43 by $0.07. HBT Financial had a net margin of 33.80% and a return on equity of 14.95%. The company had revenue of $39.11 million during the quarter, compared to the consensus estimate of $39.04 million. During the same period in the previous year, the firm posted $0.39 EPS.

A number of brokerages recently commented on HBT. Zacks Investment Research upgraded shares of HBT Financial from a “hold” rating to a “buy” rating and set a $21.00 target price on the stock in a research report on Wednesday, December 29th. TheStreet upgraded shares of HBT Financial from a “c” rating to a “b-” rating in a research report on Tuesday, October 26th.

NASDAQ HBT opened at $19.73 on Friday. The company has a market capitalization of $573.26 million, a P/E ratio of 9.82 and a beta of 1.46. The company has a fifty day moving average of $18.71 and a 200-day moving average of $17.29. HBT Financial has a 52-week low of $14.18 and a 52-week high of $19.99. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.75 and a current ratio of 0.75.

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, November 16th. Shareholders of record on Monday, November 8th were given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 3.04%. The ex-dividend date was Friday, November 5th. HBT Financial’s payout ratio is 29.85%.

Several hedge funds have recently added to or reduced their stakes in HBT. Lazard Asset Management LLC purchased a new position in shares of HBT Financial in the second quarter valued at about $26,000. SG Americas Securities LLC purchased a new position in shares of HBT Financial in the third quarter valued at about $111,000. Man Group plc increased its position in shares of HBT Financial by 16.6% in the second quarter. Man Group plc now owns 11,950 shares of the company’s stock valued at $208,000 after acquiring an additional 1,700 shares during the period. Concourse Financial Group Securities Inc. increased its position in shares of HBT Financial by 3.9% in the third quarter. Concourse Financial Group Securities Inc. now owns 13,937 shares of the company’s stock valued at $217,000 after acquiring an additional 520 shares during the period. Finally, First Trust Advisors LP increased its position in shares of HBT Financial by 6.2% in the second quarter. First Trust Advisors LP now owns 14,191 shares of the company’s stock valued at $247,000 after acquiring an additional 830 shares during the period. Hedge funds and other institutional investors own 26.15% of the company’s stock.

HBT Financial Company Profile

HBT Financial, Inc operates as the bank holding company for Heartland Bank and Trust Company and State Bank of Lincoln that provides business, commercial, and retail banking products and services to individuals, businesses, and municipal entities. It offers money market, savings, checking, HSA, IRA, and interest-bearing transaction accounts; time, brokered, and noninterest-bearing demand deposits; and certificates of deposits.

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