NasdaqGM:HIFS

Stock Analysis Report

Hingham Institution for Savings

Executive Summary

Hingham Institution for Savings provides various financial products and services to individuals and small businesses in the United States.

Snowflake

Fundamentals

Excellent balance sheet and slightly overvalued.

Risks

  • Hingham Institution for Savings is not covered by any analysts.

Similar Companies

Share Price & News

How has Hingham Institution for Savings's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-1.4%

NasdaqGM:HIFS

0.9%

US Mortgage

0.2%

US Market


1 Year Return

-13.9%

NasdaqGM:HIFS

-2.0%

US Mortgage

-0.7%

US Market

HIFS underperformed the Mortgage industry which returned -0.3% over the past year.

HIFS underperformed the Market in United States of America which returned 0.3% over the past year.


Share holder returns

HIFSIndustryMarket
7 Day-1.4%0.9%0.2%
30 Day-0.6%-1.9%-2.7%
90 Day1.1%-0.4%1.6%
1 Year-13.0%-13.9%0.05%-2.0%1.6%-0.7%
3 Year45.9%41.9%32.3%23.5%40.0%30.9%
5 Year144.8%129.6%56.8%40.3%53.8%36.8%

Price Volatility Vs. Market

How volatile is Hingham Institution for Savings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Hingham Institution for Savings undervalued based on future cash flows and its price relative to the stock market?

12.61x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Hingham Institution for Savings's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

Hingham Institution for Savings's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

Hingham Institution for Savings is good value based on earnings compared to the US Mortgage industry average.

Hingham Institution for Savings is good value based on earnings compared to the United States of America market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Hingham Institution for Savings, we can't assess if its growth is good value.


Price Based on Value of Assets

Hingham Institution for Savings is overvalued based on assets compared to the US Mortgage industry average.


Next Steps

Future Growth

How is Hingham Institution for Savings expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

-3.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if Hingham Institution for Savings is high growth as no revenue estimate data is available.

Hingham Institution for Savings's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.

Unable to compare Hingham Institution for Savings's revenue growth to the United States of America market average as no estimate data is available.

Hingham Institution for Savings's earnings are expected to decrease over the next 1-3 years, this is below the United States of America market average.

Hingham Institution for Savings's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Hingham Institution for Savings will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Hingham Institution for Savings performed over the past 5 years?

11.8%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Hingham Institution for Savings's year on year earnings growth rate has been positive over the past 5 years.

Hingham Institution for Savings's 1-year earnings growth is less than its 5-year average (6.6% vs 11.8%)

Hingham Institution for Savings's earnings growth has not exceeded the US Mortgage industry average in the past year (6.6% vs 32.9%).


Return on Equity

Hingham Institution for Savings has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Hingham Institution for Savings used its assets more efficiently than the US Mortgage industry average last year based on Return on Assets.


Return on Capital Employed

Unable to establish if Hingham Institution for Savings improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.


Next Steps

Financial Health

How is Hingham Institution for Savings's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet

Information is not available.

Information is not available.


Financial Institutions Analysis

Hingham Institution for Savings has an acceptable proportion of non-loan assets held.

Hingham Institution for Savings has a sufficient allowance for bad loans.

Hingham Institution for Savings's liabilities are made up of primarily low risk sources of funding.

Hingham Institution for Savings's level of assets compared to its equity is moderate (i.e. an appropriate level of borrowing to fund lending).

Hingham Institution for Savings has advanced significantly more loans than the customer deposits it holds (i.e. bank has borrowed additional funds to lend).

Hingham Institution for Savings has an acceptable level of bad loans (less than 2%).


Next Steps

Dividend

What is Hingham Institution for Savings's current dividend yield, its reliability and sustainability?

1.09%

Current Dividend Yield


Dividend Yield and Payments Analysis

Hingham Institution for Savings's pays a lower dividend yield than the bottom 25% of dividend payers in United States of America (1.48%).

Hingham Institution for Savings's dividend is below the markets top 25% of dividend payers in United States of America (3.83%).

Dividends per share have been volatile in the past 10 years (annual drop of over 20%).

Dividends per share have increased over the past 10 years.


Current Payout to Shareholders

Dividends paid are thoroughly covered by earnings (10x coverage).


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Hingham Institution for Savings's salary, the management and board of directors tenure and is there insider trading?

2.7yrs

Average management tenure


CEO

Robert Gaughen (70yo)

26.3yrs

Tenure

US$1,894,662

Compensation

Mr. Robert H. Gaughen Jr., Esq. has been the Chairman and Chief Executive Officer of Hingham Institution For Savings since April 29, 1993 and has been its Director since May 1991 and also served as its Pre ...


CEO Compensation Analysis

Robert's remuneration is about average for companies of similar size in United States of America.

Robert's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

2.7yrs

Average Tenure

55.5yo

Average Age

The tenure for the Hingham Institution for Savings management team is about average.


Board Age and Tenure

26.0yrs

Average Tenure

66.5yo

Average Age

The average tenure for the Hingham Institution for Savings board of directors is over 10 years, this suggests they are a seasoned and experienced board.


Insider Trading

Hingham Institution for Savings individual insiders have only sold shares in the past 3 months.


Recent Insider Transactions

SellUS$190,00005 Aug 19
Kevin Gaughen
EntityIndividual
Role
Member of the Board of Directors
Director
Shares1,000
Max PriceUS$190.00
SellUS$76,00019 Jul 19
Jacqueline Youngworth
EntityIndividual
Role
Member of the Board of Directors
Clerk & Director
Shares400
Max PriceUS$190.00
SellUS$117,79402 Jul 19
Scott Moser
EntityIndividual
Shares590
Max PriceUS$199.65
SellUS$1,52020 Jun 19
Jacqueline Youngworth
EntityIndividual
Role
Member of the Board of Directors
Clerk & Director
Shares8
Max PriceUS$190.00
SellUS$57,90016 May 19
Jacqueline Youngworth
EntityIndividual
Role
Member of the Board of Directors
Clerk & Director
Shares300
Max PriceUS$193.00
BuyUS$21,71016 Apr 19
Brian Kenner
EntityIndividual
Shares128
Max PriceUS$169.61
SellUS$68,00016 Apr 19
Jacqueline Youngworth
EntityIndividual
Role
Member of the Board of Directors
Clerk & Director
Shares400
Max PriceUS$170.00
BuyUS$3,76216 Apr 19
Brian Kenner
EntityIndividual
Shares22
Max PriceUS$171.00
SellUS$25,35016 Apr 19
Kevin Gaughen
EntityIndividual
Role
Member of the Board of Directors
Director
Shares150
Max PriceUS$169.00
BuyUS$29,40013 Apr 19
Robert Gaughen
EntityIndividual
Role
Chief Executive Officer
Chairman & CEO
Shares175
Max PriceUS$168.00
SellUS$50,49910 Apr 19
Kevin Gaughen
EntityIndividual
Role
Member of the Board of Directors
Director
Shares279
Max PriceUS$181.00
SellUS$74,00024 Feb 19
Jacqueline Youngworth
EntityIndividual
Role
Member of the Board of Directors
Clerk & Director
Shares400
Max PriceUS$185.00
SellUS$145,67207 Feb 19
Kevin Gaughen
EntityIndividual
Role
Member of the Board of Directors
Director
Shares800
Max PriceUS$182.09
BuyUS$1,83130 Jan 19
Robert Gaughen
EntityIndividual
Role
Chief Executive Officer
Chairman & CEO
Shares10
Max PriceUS$183.10
BuyUS$42,00029 Jan 19
Joseph Bears
EntityIndividual
Role
Chief Information Officer
Chief Information Officer & VP
Shares226
Max PriceUS$185.84
BuyUS$55,50022 Jan 19
Cristian Melej
EntityIndividual
Role
Chief Financial Officer
VP & CFO
Shares300
Max PriceUS$185.00
BuyUS$20,84722 Jan 19
Robert Lane
EntityIndividual
Role
Member of the Board of Directors
Director
Shares107
Max PriceUS$195.00
BuyUS$14,96518 Jan 19
Robert Lane
EntityIndividual
Role
Member of the Board of Directors
Director
Shares75
Max PriceUS$199.60
BuyUS$50,43531 Dec 18
Brian Kenner
EntityIndividual
Shares250
Max PriceUS$201.74
SellUS$4,13424 Dec 18
Scott Moser
EntityIndividual
Shares20
Max PriceUS$206.70
BuyUS$6,15305 Dec 18
Joseph Bears
EntityIndividual
Role
Chief Information Officer
Chief Information Officer & VP
Shares28
Max PriceUS$219.75
SellUS$33,58130 Nov 18
Scott Moser
EntityIndividual
Shares150
Max PriceUS$223.87
SellUS$196,42429 Nov 18
Scott Moser
EntityIndividual
Shares910
Max PriceUS$215.85
SellUS$64,20029 Nov 18
Julio Hernando
EntityIndividual
Role
Member of the Board of Directors
Director
Shares300
Max PriceUS$214.00
SellUS$19,46321 Nov 18
Scott Moser
EntityIndividual
Shares90
Max PriceUS$216.25
SellUS$419,00020 Nov 18
Scott Moser
EntityIndividual
Shares2,000
Max PriceUS$209.50
SellUS$61,80005 Nov 18
Jacqueline Youngworth
EntityIndividual
Role
Member of the Board of Directors
Clerk & Director
Shares300
Max PriceUS$206.00
SellUS$8,64106 Sep 18
William Donovan
EntityIndividual
Shares40
Max PriceUS$216.03
BuyUS$201,32527 Aug 18
Margaret Corrigan
EntityIndividual
Shares909
Max PriceUS$221.48

Ownership Breakdown


Management Team

  • Robert Gaughen (70yo)

    Chairman & CEO

    • Tenure: 26.3yrs
    • Compensation: US$1.89m
  • Jacqueline Youngworth (75yo)

    Clerk & Director

    • Tenure: 22.6yrs
    • Compensation: US$72.46k
  • Kelley Currey

    President of NPHS

    • Tenure: 0.0yrs
  • Eileen Trainor

    VP & Treasurer

    • Tenure: 0.0yrs
  • Janet Rice

    Assistant Vice President of Personnel

    • Tenure: 0.0yrs
  • Patrick Gaughen (38yo)

    President

    • Tenure: 7.3yrs
    • Compensation: US$628.04k
  • Mark Constable

    Chief Compliance Officer & VP

    • Tenure: 0.0yrs
  • Cristian Melej (41yo)

    VP & CFO

    • Tenure: 2.8yrs
    • Compensation: US$431.70k
  • Maggie McInnis

    Director of Marketing

    • Tenure: 1.8yrs
  • Joe Bears

    Chief Information Officer & VP

    • Tenure: 2.7yrs

Board Members

  • Robert Gaughen (70yo)

    Chairman & CEO

    • Tenure: 26.3yrs
    • Compensation: US$1.89m
  • Kevin Gaughen (64yo)

    Director

    • Tenure: 25.6yrs
    • Compensation: US$59.03k
  • Howard Berger (70yo)

    Director

    • Tenure: 21.6yrs
    • Compensation: US$30.98k
  • Ronald Falcione (69yo)

    Director

    • Tenure: 26.6yrs
    • Compensation: US$60.53k
  • Julio Hernando (48yo)

    Director

    • Tenure: 25.6yrs
    • Compensation: US$60.02k
  • Robert Lane (52yo)

    Director

    • Tenure: 26.6yrs
    • Compensation: US$54.60k
  • Stacey Page (55yo)

    Director

    • Tenure: 27.6yrs
    • Compensation: US$23.19k
  • Edward Sparda (76yo)

    Director

    • Tenure: 26.6yrs
    • Compensation: US$21.37k
  • Jacqueline Youngworth (75yo)

    Clerk & Director

    • Tenure: 22.6yrs
    • Compensation: US$72.46k
  • Patrick Gaughen (38yo)

    President

    • Tenure: 7.3yrs
    • Compensation: US$628.04k

Company Information

Hingham Institution for Savings's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Hingham Institution for Savings
  • Ticker: HIFS
  • Exchange: NasdaqGM
  • Founded: 1834
  • Industry: Thrifts and Mortgage Finance
  • Sector: Banks
  • Market Cap: US$404.068m
  • Shares outstanding: 2.13m
  • Website: https://www.hinghamsavings.com

Number of Employees


Location

  • Hingham Institution for Savings
  • 55 Main Street
  • Hingham
  • Massachusetts
  • 2043
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
HIFSNasdaqGM (Nasdaq Global Market)YesCommon StockUSUSDDec 1988

Biography

Hingham Institution for Savings provides various financial products and services to individuals and small businesses in the United States. The company’s deposit products include savings, demand, regular, c ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/20 23:39
End of Day Share Price2019/08/20 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.