Hilltop (NYSE:HTH – Get Free Report) issued its quarterly earnings results on Thursday. The financial services provider reported $0.31 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.26 by $0.05, Briefing.com reports. Hilltop had a return on equity of 5.32% and a net margin of 7.10%. The company had revenue of $297.00 million during the quarter, compared to the consensus estimate of $283.22 million. During the same period last year, the company earned $0.28 earnings per share. Hilltop’s revenue was down 3.9% on a year-over-year basis.
Hilltop Price Performance
Hilltop stock opened at $34.16 on Friday. The firm has a market capitalization of $2.23 billion, a P/E ratio of 19.98 and a beta of 1.12. Hilltop has a 1-year low of $26.78 and a 1-year high of $35.66. The company’s 50-day moving average is $31.16 and its 200 day moving average is $31.17.
Hilltop Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Friday, August 30th. Investors of record on Friday, August 16th will be paid a dividend of $0.17 per share. The ex-dividend date is Friday, August 16th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.99%. Hilltop’s dividend payout ratio is presently 39.77%.
Insider Buying and Selling at Hilltop
About Hilltop
Hilltop Holdings Inc provides business and consumer banking services. It operates through three segments: Banking, Broker-Dealer, and Mortgage Origination. The Banking segment offers savings, checking, interest-bearing checking, and money market accounts; certificates of deposit; lines and letters of credit, home improvement and equity loans, loans for purchasing and carrying securities, term, agricultural and commercial real estate, equipment loans, and other lending products; and mortgage, commercial and industrial loans, and term and construction finance.
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