FY2025 EPS Estimates for HBT Financial Lifted by DA Davidson

HBT Financial, Inc. (NASDAQ:HBT) – Stock analysts at DA Davidson upped their FY2025 earnings per share (EPS) estimates for HBT Financial in a research report issued on Tuesday, October 22nd. DA Davidson analyst J. Rulis now expects that the company will post earnings of $2.25 per share for the year, up from their previous estimate of $2.15. DA Davidson currently has a “Neutral” rating and a $24.00 target price on the stock. The consensus estimate for HBT Financial’s current full-year earnings is $2.28 per share.

HBT Financial (NASDAQ:HBT) last issued its earnings results on Monday, July 22nd. The company reported $0.57 EPS for the quarter, topping analysts’ consensus estimates of $0.56 by $0.01. The company had revenue of $72.43 million for the quarter, compared to analysts’ expectations of $56.82 million. HBT Financial had a net margin of 25.61% and a return on equity of 15.53%. During the same quarter last year, the company earned $0.58 EPS.

HBT has been the subject of a number of other reports. Piper Sandler decreased their price target on shares of HBT Financial from $25.00 to $24.00 and set a “neutral” rating for the company in a research note on Tuesday. JPMorgan Chase & Co. upped their target price on shares of HBT Financial from $21.00 to $24.00 and gave the stock an “underweight” rating in a research note on Tuesday, July 23rd. Finally, Keefe, Bruyette & Woods reaffirmed an “outperform” rating and set a $27.00 price objective (up from $25.00) on shares of HBT Financial in a research report on Tuesday, July 23rd. One research analyst has rated the stock with a sell rating, two have given a hold rating and two have assigned a buy rating to the company. According to MarketBeat.com, HBT Financial currently has a consensus rating of “Hold” and a consensus price target of $24.40.

HBT Financial Stock Performance

Shares of NASDAQ:HBT opened at $21.56 on Thursday. The company has a current ratio of 0.82, a quick ratio of 0.82 and a debt-to-equity ratio of 0.21. The company has a market cap of $681.10 million, a price-to-earnings ratio of 9.54 and a beta of 0.86. HBT Financial has a 12 month low of $17.74 and a 12 month high of $24.85. The company has a 50-day moving average price of $21.97 and a 200-day moving average price of $20.69.

Institutional Investors Weigh In On HBT Financial

Large investors have recently added to or reduced their stakes in the stock. Cetera Advisors LLC bought a new stake in shares of HBT Financial in the 1st quarter valued at about $6,497,000. LSV Asset Management boosted its holdings in shares of HBT Financial by 1,082.5% in the 2nd quarter. LSV Asset Management now owns 113,808 shares of the company’s stock valued at $2,324,000 after acquiring an additional 104,184 shares during the last quarter. Dimensional Fund Advisors LP grew its position in HBT Financial by 6.9% during the 2nd quarter. Dimensional Fund Advisors LP now owns 406,456 shares of the company’s stock worth $8,298,000 after purchasing an additional 26,135 shares during the period. Assenagon Asset Management S.A. boosted its position in HBT Financial by 93.5% in the 3rd quarter. Assenagon Asset Management S.A. now owns 46,800 shares of the company’s stock worth $1,024,000 after purchasing an additional 22,618 shares in the last quarter. Finally, Acadian Asset Management LLC raised its position in shares of HBT Financial by 19.0% in the second quarter. Acadian Asset Management LLC now owns 95,606 shares of the company’s stock worth $1,949,000 after acquiring an additional 15,242 shares during the period. 78.55% of the stock is owned by hedge funds and other institutional investors.

About HBT Financial

HBT Financial, Inc operates as the bank holding company for Heartland Bank and Trust Company that provides business, commercial, and retail banking products and services to individuals, businesses, and municipal entities in Central and Northeastern Illinois, and Eastern Iowa. The company's deposits accounts consist of noninterest-bearing demand deposits, interest-bearing transaction accounts, money market accounts, savings accounts, certificates of deposits, health savings accounts, and individual retirement accounts.