The Heartland Financial USA Inc (HTLF) share price is expected to decrease by 0.29% over the next year. This is based on calculating the average 12-month share price estimate provided by 4 stock analysts who have covered HTLF. Price targets range from $60 at the low end to $72 at the high end. The current analyst consensus for HTLF is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
Heartland Financial USA Inc has a total of 4 Wall St Analyst ratings. There are 3 buy ratings, 1 ratings, and 0 sell ratings. Since most analysts have a buy consensus rating, the expectation is that Heartland Financial USA Inc will outperform the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.
These are the latest 20 analyst ratings of HTLF.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Damon Delmonte Keefe, Bruyette & Woods | Outperform | $54 | Upgrade | May 31, 2024 |
Jeff Rulis DA Davidson | Neutral | $45 | Maintains | Apr 30, 2024 |
Damon Delmonte Keefe, Bruyette & Woods | Market Perform | $51 | Maintains | Apr 30, 2024 |
David Long Raymond James | Strong Buy | $41 | Upgrade | Feb 29, 2024 |
Terry McEvoy Stephens & Co. | Overweight | $45 | Reiterates | Jan 30, 2024 |
Andrew Liesch Piper Sandler | Overweight | $43 | Maintains | Jan 30, 2024 |
Damon Delmonte Keefe, Bruyette & Woods | Market Perform | $35 | Maintains | Nov 29, 2023 |
Andrew Liesch Piper Sandler | Overweight | $38 | Maintains | Nov 16, 2023 |
Terry McEvoy Stephens & Co. | Overweight | $34 | Maintains | Nov 1, 2023 |
Andrew Liesch Piper Sandler | Overweight | $35 | Maintains | Oct 31, 2023 |
Terry McEvoy Stephens & Co. | Overweight | $38 | Reiterates | Aug 1, 2023 |
Jeff Rulis DA Davidson | Neutral | $35 | Maintains | Aug 1, 2023 |
Andrew Liesch Piper Sandler | Overweight | $44 | Maintains | Apr 25, 2023 |
Terry McEvoy Stephens & Co. | Overweight | $45 | Maintains | Apr 25, 2023 |
Damon Delmonte Keefe, Bruyette & Woods | Market Perform | $44 | Maintains | Apr 25, 2023 |
Christopher Mcgratty Keefe, Bruyette & Woods | Market Perform | $54 | Downgrade | Dec 13, 2022 |
Jeff Rulis DA Davidson | Neutral | $48 | Downgrade | Oct 6, 2022 |
Terry McEvoy Stephens & Co. | Overweight | $60 | Upgrade | Oct 26, 2021 |
DA Davidson | Buy | Upgrade | Dec 18, 2020 | |
Piper Sandler | Overweight | $39 | Maintains | Oct 27, 2020 |
When did it IPO
1999
Staff Count
1,725
Country
United States
Sector/Industry
Financial Services/Banks - Regional
CEO
Mr. Bruce K. Lee
Market Cap
$2.89B
In 2023, HTLF generated $580.4M in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that HTLF's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - Heartland Financial offers preferred shares with a 7% yield, potentially resetting to over 10.5% in July. The bank is conservatively managed and merging, with no expected impact on preferred shareholders.
Why It Matters - Heartland Financial's preferred shares offer attractive yields and potential for higher returns post-reset, coupled with stable management, making them a compelling investment choice.
Summary - The bank plans to enhance capitalization and TBV per share post-merger with UMBF. Dividends will remain steady for the 28th consecutive year; loan and deposit growth is weak, but securities performance is improving.
Why It Matters - The focus on capitalization and TBV per share signals potential stability, but stagnant dividends and weak loan/deposit growth may concern investors about future profitability.
Summary - Heartland Financial USA, Inc. (NASDAQ: HTLF) declared a quarterly cash dividend of $0.30 per share, payable on November 26, 2024, to shareholders on record as of November 12, 2024.
Why It Matters - The dividend announcement signals financial stability and commitment to returning value to shareholders, potentially attracting more investors and positively impacting stock price.
Summary - Heartland Financial (HTLF) is being evaluated as a potential top stock pick for momentum investors. Further analysis is needed to determine its suitability.
Why It Matters - Heartland Financial's potential as a momentum stock suggests rising interest, which could drive share prices up and attract more investment, impacting overall market sentiment.
Summary - Heartland Financial (HTLF) has been upgraded to a Zacks Rank #2 (Buy), indicating increased optimism about its earnings prospects.
Why It Matters - Heartland Financial's upgrade to Zacks Rank #2 signals increased investor confidence in its earnings potential, suggesting potential stock price appreciation.
Summary - Heartland Financial (HTLF) reported Q3 earnings of $1.15 per share, missing the Zacks Consensus Estimate of $1.16, and slightly up from $1.14 per share a year earlier.
Why It Matters - Heartland Financial's earnings miss indicates potential weaknesses in performance or market conditions, which may lead to decreased investor confidence and impact stock prices.