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, beating the consensus estimate of $0.24 by $0.07, Briefing.com reports. Hilltop had a return on equity of 5.24% and a net margin of 6.95%. The company had revenue of $297.00 million for the quarter, compared to analyst estimates of $283.22 million. During the same quarter last year, the company posted $0.28 EPS. The company’s revenue for the quarter was down 3.9% compared to the same quarter last year.
Hilltop Trading Down 1.9 %
Hilltop stock traded down $0.65 during mid-day trading on Friday, reaching $34.16. The company had a trading volume of 294,679 shares, compared to its average volume of 307,750. The company has a market cap of $2.23 billion, a P/E ratio of 19.98 and a beta of 1.12. The business has a fifty day simple moving average of $31.12 and a 200 day simple moving average of $31.18. Hilltop has a fifty-two week low of $26.78 and a fifty-two week high of $35.66.
Hilltop Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Friday, August 30th. Investors of record on Friday, August 16th will be paid a $0.17 dividend. This represents a $0.68 annualized dividend and a yield of 1.99%. The ex-dividend date is Friday, August 16th. Hilltop’s payout ratio is 39.77%.
Insider Activity
Hilltop Company Profile
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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