Equities research analysts forecast that HBT Financial (NASDAQ:HBT) will report earnings of $0.30 per share for the current fiscal quarter, according to Zacks Investment Research. Four analysts have issued estimates for HBT Financial’s earnings, with the lowest EPS estimate coming in at $0.25 and the highest estimate coming in at $0.35. The firm is expected to issue its next quarterly earnings results on Thursday, July 30th.

On average, analysts expect that HBT Financial will report full year earnings of $1.24 per share for the current financial year, with EPS estimates ranging from $1.01 to $1.42. For the next financial year, analysts forecast that the firm will report earnings of $1.21 per share, with EPS estimates ranging from $0.98 to $1.45. Zacks’ earnings per share calculations are a mean average based on a survey of sell-side research firms that follow HBT Financial.

HBT Financial (NASDAQ:HBT) last issued its quarterly earnings results on Thursday, April 30th. The company reported $0.30 EPS for the quarter, missing the Zacks’ consensus estimate of $0.40 by ($0.10). The company had revenue of $35.91 million during the quarter, compared to the consensus estimate of $38.90 million.

A number of brokerages recently commented on HBT. Zacks Investment Research cut HBT Financial from a “hold” rating to a “sell” rating in a research report on Tuesday, April 28th. Raymond James raised their price target on HBT Financial from $13.00 to $13.50 and gave the stock an “outperform” rating in a research report on Monday, May 4th. Finally, ValuEngine cut HBT Financial from a “sell” rating to a “strong sell” rating in a research report on Tuesday, April 14th. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and three have issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of $18.75.

Shares of NASDAQ HBT traded down $0.06 during mid-day trading on Monday, reaching $12.51. The company had a trading volume of 12,500 shares, compared to its average volume of 63,066. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.86 and a current ratio of 0.86. HBT Financial has a one year low of $9.11 and a one year high of $20.71. The firm has a market cap of $343.49 million and a price-to-earnings ratio of 3.65. The business’s 50-day simple moving average is $12.87 and its 200 day simple moving average is $14.64.

In other news, Director Gerald E. Pfeiffer purchased 3,000 shares of HBT Financial stock in a transaction dated Friday, June 12th. The shares were bought at an average cost of $13.17 per share, for a total transaction of $39,510.00. Also, CEO Fred L. Drake purchased 10,000 shares of HBT Financial stock in a transaction dated Friday, May 22nd. The shares were purchased at an average price of $12.18 per share, for a total transaction of $121,800.00. Following the completion of the acquisition, the chief executive officer now owns 12,000 shares of the company’s stock, valued at approximately $146,160. The disclosure for this purchase can be found here. In the last quarter, insiders acquired 35,500 shares of company stock worth $407,460.

Several large investors have recently added to or reduced their stakes in the company. Citigroup Inc. bought a new stake in shares of HBT Financial during the fourth quarter worth about $35,000. Meeder Asset Management Inc. acquired a new position in shares of HBT Financial in the fourth quarter worth approximately $45,000. Russell Investments Group Ltd. lifted its stake in shares of HBT Financial by 44.3% in the first quarter. Russell Investments Group Ltd. now owns 8,800 shares of the company’s stock worth $92,000 after acquiring an additional 2,700 shares during the period. Bank of America Corp DE acquired a new position in shares of HBT Financial in the fourth quarter worth approximately $60,000. Finally, JPMorgan Chase & Co. lifted its stake in shares of HBT Financial by 34.4% in the first quarter. JPMorgan Chase & Co. now owns 15,499 shares of the company’s stock worth $163,000 after acquiring an additional 3,970 shares during the period. Institutional investors own 32.17% of the company’s stock.

HBT Financial Company Profile

HBT Financial, Inc operates as the bank holding company for Heartland Bank and Lincoln Bank that provides business, commercial, and retail banking products and services to businesses, families, and local governments throughout Central and Northeastern Illinois. The company offers checking, saving, and retirement accounts, as well as demand and time deposits.

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Earnings History and Estimates for HBT Financial (NASDAQ:HBT)

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