Hilltop (NYSE:HTH – Get Free Report) announced its earnings results on Thursday. The financial services provider reported $0.31 EPS for the quarter, beating the consensus estimate of $0.26 by $0.05, Briefing.com reports. The company had revenue of $297.00 million during the quarter, compared to the consensus estimate of $283.22 million. Hilltop had a net margin of 7.10% and a return on equity of 5.32%. The firm’s revenue for the quarter was down 3.9% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.28 earnings per share.
Hilltop Price Performance
Shares of HTH stock opened at $34.16 on Friday. The firm has a 50-day moving average of $31.16 and a 200-day moving average of $31.17. The company has a market cap of $2.23 billion, a P/E ratio of 19.98 and a beta of 1.12. Hilltop has a one year low of $26.78 and a one year high of $35.66.
Hilltop Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Friday, August 30th. Stockholders of record on Friday, August 16th will be issued a $0.17 dividend. The ex-dividend date of this dividend is Friday, August 16th. This represents a $0.68 annualized dividend and a dividend yield of 1.99%. Hilltop’s dividend payout ratio is currently 39.77%.
Insider Activity
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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