Hilltop Holdings(HTH)
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Analysts Estimate Hilltop Holdings (HTH) to Report a Decline in Earnings: What to Look Out for
ZACKS· 2024-10-10 15:07
Core Viewpoint - Hilltop Holdings (HTH) is anticipated to report a year-over-year decline in earnings due to lower revenues for the quarter ended September 2024, with actual results potentially impacting its near-term stock price [1]. Earnings Expectations - The consensus estimate for Hilltop Holdings is an earnings per share (EPS) of $0.39, reflecting a year-over-year decrease of 31.6%. Revenues are projected to be $302.29 million, down 3.3% from the same quarter last year [3]. - The stock may experience upward movement if the reported numbers exceed expectations, while a miss could lead to a decline [2]. Estimate Revisions - Over the past 30 days, the consensus EPS estimate has been revised 6.9% higher, indicating a reassessment by analysts [4]. - The Most Accurate Estimate for Hilltop Holdings is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -2.56%, suggesting a bearish outlook from analysts [10]. Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that a positive or negative reading can predict deviations from consensus estimates, with positive readings being more reliable [7]. - A positive Earnings ESP combined with a strong Zacks Rank (1, 2, or 3) has historically led to a positive surprise nearly 70% of the time [8]. Historical Performance - Hilltop Holdings has beaten consensus EPS estimates in the last four quarters, with a notable surprise of +29.17% in the last reported quarter [11][12]. - Despite this history, the current combination of a negative Earnings ESP and a strong Zacks Rank makes it challenging to predict an earnings beat for the upcoming report [10][15]. Industry Comparison - In the Zacks Banks - Southeast industry, First Community (FCCO) is expected to report earnings of $0.45 per share, a year-over-year increase of 95.7%, with revenues projected to rise 19.2% to $16.65 million [16]. - The consensus EPS estimate for First Community has been revised 4.3% higher, and with a positive Earnings ESP of 1.12% and a Zacks Rank of 2, it is likely to beat the consensus estimate [17].
5 Reasons to Add Hilltop Holdings Stock to Your Portfolio Now
ZACKS· 2024-10-04 17:03
It seems to be a wise idea to add the Hilltop Holdings Inc. (HTH) stock to your portfolio now. The company's robust balance sheet and business-restructuring activities are expected to keep aiding the top line. A solid liquidity position is another positive. Analysts seem optimistic regarding HTH's earnings growth potential. The Zacks Consensus Estimate for the company's 2024 earnings has been revised 2.3% upward over the past 60 days. Thus, HTH currently sports a Zacks Rank #1 (Strong Buy). Looking at its p ...
New Strong Buy Stocks for October 4th
ZACKS· 2024-10-04 12:41
Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today: Kubota Corporation (KUBTY) : This equipment manufacturing company has seen the Zacks Consensus Estimate for its current year earnings increasing 25.1% over the last 60 days. Omnicell, Inc. (OMCL) : This pharmaceutical technology company has seen the Zacks Consensus Estimate for its current year earnings increasing 16.7% over the last 60 days. PDF Solutions, Inc. (PDFS) : This semiconductor IP company has seen the Zacks Consensus Estima ...
Hilltop Holdings (HTH) Upgraded to Strong Buy: Here's Why
ZACKS· 2024-10-02 17:01
Hilltop Holdings (HTH) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #1 (Strong Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices. The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the ...
Hilltop Holdings (HTH) Gains on Q2 Earnings Beat, Lower Expenses
ZACKS· 2024-07-26 17:50
Core Viewpoint - Hilltop Holdings Inc. reported better-than-expected second-quarter 2024 results, with earnings per share of 31 cents, surpassing the Zacks Consensus Estimate of 24 cents, and a year-over-year improvement of 10.7% [1] Financial Performance - Net income attributable to common stockholders was $20.3 million, reflecting a 12.1% increase year over year, exceeding the estimate of $15.1 million [3] - Net revenues totaled $297 million, down 3.9% year over year, but above the Zacks Consensus Estimate of $279.8 million [4] - Non-interest income increased by 1.4% year over year to $193.3 million, driven by gains from loan sales and advisory fees, surpassing the projected $174 million [5] - Net interest income (NII) declined 12.4% year over year to $103.7 million, slightly below the estimate of $103.9 million [7] Margins and Ratios - The net interest margin (NIM) was 2.92%, down 11 basis points year over year, while the expected NIM was 2.72% [2] - Return on average assets improved to 0.59% from 0.47% in the prior year, and return on average stockholders' equity rose to 3.84% from 3.53% [8] Shareholder Actions - The company repurchased 0.32 million shares for $9.9 million at an average price of $30.98 per share [9] Expense Management - Non-interest expenses decreased by 3.9% year over year to $256.5 million, slightly above the projected $255.5 million [14] - Provision for credit losses was recorded at $10.9 million, down 26.3% from the prior-year quarter [15]
Hilltop Holdings(HTH) - 2024 Q2 - Earnings Call Presentation
2024-07-26 16:28
Hilltop Holdings Inc. Preface Corporate Headquarters Additional Information Please Contact: Matt Dunn Phone: 214-525-4636 Email: mdunn@hilltop.com This presentation and statements made by representatives of Hilltop Holdings Inc. ("Hilltop" or the "Company") during the course of this presentation include "forwardlooking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve known and unknown risks, uncertainties and other factors that ...
Hilltop Holdings (HTH) Reports Q2 Earnings: What Key Metrics Have to Say
ZACKS· 2024-07-26 01:31
Hilltop Holdings (HTH) reported $296.96 million in revenue for the quarter ended June 2024, representing a year-over-year decline of 3.9%. EPS of $0.31 for the same period compares to $0.28 a year ago. The reported revenue represents a surprise of +6.12% over the Zacks Consensus Estimate of $279.83 million. With the consensus EPS estimate being $0.24, the EPS surprise was +29.17%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to det ...
Hilltop Holdings (HTH) Q2 Earnings and Revenues Top Estimates
ZACKS· 2024-07-25 23:15
This quarterly report represents an earnings surprise of 29.17%. A quarter ago, it was expected that this insurance holding compnay would post earnings of $0.28 per share when it actually produced earnings of $0.42, delivering a surprise of 50%. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. While Hilltop Holdings has underperformed the market so far this ye ...
Hilltop Holdings(HTH) - 2024 Q2 - Quarterly Results
2024-07-25 20:30
Investor Relations Contact: Matt Dunn 214-525-4636 mdunn@hilltop.com Hilltop also announced that its Board of Directors declared a quarterly cash dividend of $0.17 per common share payable on August 30, 2024, to all common stockholders of record as of the close of business on August 16, 2024. Additionally, during the second quarter of 2024, Hilltop paid $9.9 million to repurchase an aggregate of 320,000 shares of its common stock at an average price of $30.98 per share pursuant to the 2024 stock repurchase ...
Hilltop Holdings (HTH) Weak Asset Quality, Mortgage Volume Hurt
Zacks Investment Research· 2024-05-10 16:41
Hilltop Holdings Inc.’s (HTH) poor asset quality, weak Mortgage Origination segment performance and elevated expense base are major headwinds. Nonetheless, a sound balance sheet, high rates and restructuring initiatives offer support to some extent. HTH’s deteriorating asset quality is a concern. The company witnessed a provision benefit in the first quarter of 2024 after a significant rise in provision for credit losses in 2023 and 2022. Amid the ongoing tough economic backdrop, provisions are anticipated ...