Hilltop Holdings Inc. (NYSE:HTH) is reporting third quarter earnings results on Thursday 22nd October 2020, after market close.
The consensus estimates from Thomson Reuters are income of $ 0.98 per share.
For the full year, analysts predict revenues of $ 429.01 million, while looking forward to income of $ 3.41 per share.
Previous Quarter Performance
Hilltop Holdings Inc. posted income for the second quarter of $ 1.08 per share, from the revenue of $ 104.56 million. The quarterly earnings boosted 74.19 percent while revenues fell 3.08 percent compared with the same quarter last year.
Street analysts expected Hilltop Holdings Inc. to report income of $ 0.49 per share on revenue of $ 108.45 million for the second quarter. The bottom line results beat street analysts by $ 0.59 or 120.41 percent, at the same time, top line results fell short of analysts by $ 3.89 million or 3.59 percent.
Stock Performance
Shares of Hilltop Holdings Inc. traded up $ 0.16 or 0.73 percent on Wednesday, reaching $ 22.19 with volume of 289.30 thousand shares. Hilltop Holdings Inc. has traded high as $ 22.36 and has cracked $ 22.04 on the downward trend
The closing price of $ 22.19, representing a 99.37 % increase from the 52 week low of $ 11.05 and a 16.17 % decrease over the 52 week high of $ 26.28.
The company has a market capital of $ 2.00 billion and is part of the Financial Services sector and Banks – Regional – US industry.
Recent Stock Dividend Announcement
The board of directors has authorized quarterly dividend of $ 0.09 per share on July 30, 2020. The dividend were payable on August 31, 2020 to holders of record as of the close of business on August 14, 2020 and ex-dividend date on August 13, 2020.
Conference Call
Hilltop Holdings Inc. will be hosting a conference call at 9:00 AM eastern time on 23rd October 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.hilltop-holdings.com
Hilltop Holdings Inc. provides banking and financial products and services. The company operates in four segments: Banking, Broker-Dealer, Mortgage Origination, and Insurance.
