Heartland Financial USA Future Growth

Future criteria checks 4/6

Heartland Financial USA is forecast to grow earnings and revenue by 26.6% and 9% per annum respectively. EPS is expected to grow by 27.1% per annum. Return on equity is forecast to be 8.8% in 3 years.

Key information

26.6%

Earnings growth rate

27.1%

EPS growth rate

Banks earnings growth	10.4%
Revenue growth rate	9.0%
Future return on equity	8.8%
Analyst coverage	Low
Last updated	31 Oct 2024

Recent future growth updates

Recent updates

Heartland Financial Offering Attractive 7% Yielding Preferred Shares With Higher Yield Opportunity

Nov 07

Heartland Financial USA (NASDAQ:HTLF) Is Paying Out A Larger Dividend Than Last Year

Apr 23

Heartland Financial raises dividend 4% to $0.28

Oct 19

Heartland Financial declares $0.27 dividend

Jul 21

With EPS Growth And More, Heartland Financial USA (NASDAQ:HTLF) Is Interesting

May 27

Is Now The Time To Put Heartland Financial USA (NASDAQ:HTLF) On Your Watchlist?

Feb 02

Earnings and Revenue Growth Forecasts

NasdaqGS:HTLF - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	736	196	N/A	N/A	1
12/31/2025	724	185	N/A	N/A	4
12/31/2024	733	195	N/A	N/A	4
9/30/2024	571	77	194	197	N/A
6/30/2024	546	61	266	273	N/A
3/31/2024	556	71	329	336	N/A
12/31/2023	553	72	280	280	N/A
9/30/2023	713	203	470	472	N/A
6/30/2023	720	211	381	384	N/A
3/31/2023	719	214	373	379	N/A
12/31/2022	707	204	373	388	N/A
9/30/2022	693	193	393	406	N/A
6/30/2022	692	192	347	361	N/A
3/31/2022	696	202	327	343	N/A
12/31/2021	700	212	309	326	N/A
9/30/2021	671	202	319	340	N/A
6/30/2021	643	194	290	313	N/A
3/31/2021	590	164	221	240	N/A
12/31/2020	536	133	172	190	N/A
9/30/2020	522	134	126	147	N/A
6/30/2020	505	123	109	130	N/A
3/31/2020	529	138	159	144	N/A
12/31/2019	545	149	178	161	N/A
9/30/2019	537	143	197	173	N/A
6/30/2019	539	143	238	211	N/A
3/31/2019	511	125	206	218	N/A
12/31/2018	493	117	230	243	N/A
9/30/2018	479	98	181	193	N/A
6/30/2018	453	86	N/A	178	N/A
3/31/2018	429	80	N/A	181	N/A
12/31/2017	411	75	N/A	156	N/A
9/30/2017	397	81	N/A	182	N/A
6/30/2017	385	79	N/A	169	N/A
3/31/2017	389	78	N/A	158	N/A
12/31/2016	394	80	N/A	149	N/A
9/30/2016	377	75	N/A	145	N/A
6/30/2016	361	70	N/A	144	N/A
3/31/2016	338	64	N/A	144	N/A
12/31/2015	321	59	N/A	102	N/A
9/30/2015	311	57	N/A	105	N/A
6/30/2015	299	54	N/A	82	N/A
3/31/2015	288	50	N/A	51	N/A
12/31/2014	266	41	N/A	80	N/A
9/30/2014	258	37	N/A	69	N/A
6/30/2014	245	32	N/A	97	N/A
3/31/2014	237	30	N/A	135	N/A
12/31/2013	240	36	N/A	136	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: HTLF's forecast earnings growth (26.6% per year) is above the savings rate (2.6%).

Earnings vs Market: HTLF's earnings (26.6% per year) are forecast to grow faster than the US market (15.3% per year).

High Growth Earnings: HTLF's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: HTLF's revenue (9% per year) is forecast to grow faster than the US market (8.9% per year).

High Growth Revenue: HTLF's revenue (9% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: HTLF's Return on Equity is forecast to be low in 3 years time (8.8%).

Heartland Financial USA Future Growth

Future criteria checks 4/6

Key information

Recent future growth updates

Price target increased by 8.7% to US$67.38

Price target increased by 9.8% to US$56.25

Price target increased by 9.2% to US$37.50

Consensus EPS estimates fall by 44%

Price target decreased by 9.1% to US$37.25

Price target decreased by 8.8% to US$39.00

Recent updates

Independent Chairman recently sold US$1.5m worth of stock

Independent Chairman notifies of intention to sell stock

Heartland Financial Offering Attractive 7% Yielding Preferred Shares With Higher Yield Opportunity

Heartland Financial: Everything Is Based On The Merger With UMBF

Price target increased by 8.7% to US$67.38

Second quarter dividend of US$0.30 announced

Heartland Financial USA, Inc. Approves Quarterly Cash Dividend on Common Stock, Payable on November 26, 2024

Independent Director recently sold US$268k worth of stock

Independent Director notifies of intention to sell stock

Executive VP & Head of Retail notifies of intention to sell stock

New minor risk - Insider selling

Independent Director recently sold US$250k worth of stock

Independent Director notifies of intention to sell stock

Price target increased by 9.8% to US$56.25

Heartland Financial USA, Inc. Reports Net Charge Offs for the Quarter Ended June 30, 2024

New minor risk - Earnings quality

First quarter dividend of US$0.30 announced

Heartland Financial USA, Inc. Approves Quarterly Cash Dividend, Payable on August 27, 2024

Investor sentiment improves as stock rises 17%

Heartland Financial USA, Inc. Reports Net Charge-Offs for the First Quarter Ended March 31, 2024

Fourth quarter dividend of US$0.30 announced

UMB Financial Reportedly in Talks to Acquire Heartland Financial USA

Heartland Financial USA, Inc. Approves Quarterly Cash Dividend, Payable on May 28, 2024

Heartland Financial USA, Inc. to Report Q1, 2024 Results on May 01, 2024

Heartland Financial USA: My Heart's Not In It Any More (Rating Downgrade)

Heartland Financial: Securities Portfolio Begins To Cause Tangible Damage

Upcoming dividend of US$0.30 per share at 3.5% yield

New minor risk - Profit margin trend

Third quarter dividend of US$0.30 announced

Heartland Financial USA, Inc. Approves Quarterly Cash Dividend, Payable on February 27, 2024

Heartland Financial USA, Inc. to Report Q4, 2023 Results on Jan 29, 2024

Price target increased by 9.2% to US$37.50

Heartland Financial USA, Inc. Announces Chief Financial Officer Changes

Consensus EPS estimates fall by 44%

Upcoming dividend of US$0.30 per share at 4.0% yield

Third quarter 2023 earnings: EPS in line with expectations, revenues disappoint

Heartland Financial USA, Inc. Approves Quarterly Cash Dividend, Payable on November 29, 2023

Heartland Financial USA, Inc. to Report Q3, 2023 Results on Oct 30, 2023

Upcoming dividend of US$0.30 per share at 3.6% yield

Second quarter 2023 earnings: EPS and revenues miss analyst expectations

Heartland Financial USA, Inc. Approves Quarterly Cash Dividend, Payable on August 25, 2023

Heartland Financial USA, Inc. to Report Q2, 2023 Results on Jul 31, 2023

Price target decreased by 9.1% to US$37.25

Price target decreased by 8.8% to US$39.00

Investor sentiment improves as stock rises 18%

President recently bought US$138k worth of stock

Upcoming dividend of US$0.30 per share at 4.0% yield

Price target decreased by 7.6% to US$42.75

First quarter 2023 earnings: EPS and revenues miss analyst expectations

Heartland Financial USA (NASDAQ:HTLF) Is Paying Out A Larger Dividend Than Last Year

Price target decreased by 11% to US$46.25

Price target decreased by 8.8% to US$49.00

President exercised options and sold US$114k worth of stock

Investor sentiment deteriorates as stock falls 21%

Full year 2022 earnings: Revenues and EPS in line with analyst expectations

Director notifies of intention to sell stock

Director recently sold US$201k worth of stock

Upcoming dividend of US$0.30 per share at 2.4% yield

Full year 2022 earnings: Revenues and EPS in line with analyst expectations

Heartland Financial USA, Inc. Increases Quarterly Cash Dividend, Payable on February 28, 2023

Heartland Financial USA, Inc. to Report Q4, 2022 Results on Jan 30, 2023

Upcoming dividend of US$0.28 per share

Third quarter 2022 earnings: EPS exceeds analyst expectations

Heartland Financial USA, Inc. Announces Impairment Charges for the Quarter Ended September 30, 2022

Heartland Financial USA, Inc. Announces Quarterly Cash Dividend, Payable on November 29, 2022

Heartland Financial raises dividend 4% to $0.28

Heartland Financial USA, Inc. to Report Q3, 2022 Results on Oct 31, 2022

President recently bought US$92k worth of stock

Upcoming dividend of US$0.27 per share