FY2024 Earnings Forecast for Heartland BancCorp Issued By DA Davidson (OTCMKTS:HLAN)

Heartland BancCorp (OTCMKTS:HLAN) – Analysts at DA Davidson dropped their FY2024 EPS estimates for shares of Heartland BancCorp in a report released on Tuesday, April 23rd. DA Davidson analyst M. Navas now expects that the bank will post earnings per share of $9.15 for the year, down from their prior estimate of $9.65. The consensus estimate for Heartland BancCorp’s current full-year earnings is $9.67 per share.

Separately, Piper Sandler reissued an “overweight” rating and set a $101.00 price objective on shares of Heartland BancCorp in a research report on Tuesday, March 5th.

Heartland BancCorp Price Performance

Shares of OTCMKTS:HLAN opened at $89.98 on Thursday. The company’s fifty day moving average price is $86.38 and its 200 day moving average price is $86.25. Heartland BancCorp has a 12 month low of $81.00 and a 12 month high of $90.00. The firm has a market capitalization of $181.76 million, a P/E ratio of 9.05 and a beta of 0.43.

Heartland BancCorp (OTCMKTS:HLAN) last announced its quarterly earnings results on Tuesday, January 23rd. The bank reported $2.61 EPS for the quarter, topping the consensus estimate of $2.39 by $0.22. The company had revenue of $28.41 million for the quarter.

About Heartland BancCorp

Heartland BancCorp operates as the bank holding company for Heartland Bank that provides various banking and financial services to individual and corporate customers. The company offers personal and business checking and savings accounts. It also provides various lending solutions comprising agricultural loans, commercial and business lending, home and personal loans, and title services.