NYSE:HTH

Stock Analysis Report

Executive Summary

Hilltop Holdings Inc. provides banking and financial products and services.

Snowflake

Fundamentals

Flawless balance sheet with acceptable track record.


Similar Companies

Share Price & News

How has Hilltop Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

1.3%

NYSE:HTH

-2.6%

US Banks

-1.0%

US Market


1 Year Return

7.5%

NYSE:HTH

-14.2%

US Banks

-0.4%

US Market

HTH outperformed the Banks industry which returned -16.1% over the past year.

HTH outperformed the Market in United States of America which returned -1.7% over the past year.


Share holder returns

HTHIndustryMarket
7 Day1.3%-2.6%-1.0%
30 Day5.1%-5.5%-3.3%
90 Day12.1%-3.5%0.4%
1 Year9.2%7.5%-11.8%-14.2%1.8%-0.4%
3 Year6.0%2.2%42.2%32.4%39.4%30.4%
5 Year13.8%9.7%53.3%36.7%54.2%37.1%

Price Volatility Vs. Market

How volatile is Hilltop Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Hilltop Holdings undervalued based on future cash flows and its price relative to the stock market?

13.26x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

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

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


Price Based on Earnings

Hilltop Holdings is overvalued based on earnings compared to the US Banks industry average.

Hilltop Holdings is good value based on earnings compared to the United States of America market.


Price Based on Expected Growth

Hilltop Holdings is poor value based on expected growth next year.


Price Based on Value of Assets

Hilltop Holdings is good value based on assets compared to the US Banks industry average.


Next Steps

Future Growth

How is Hilltop Holdings expected to perform in the next 1 to 3 years based on estimates from 6 analysts?

3.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Hilltop Holdings's revenue is expected to decrease over the next 1-3 years, this is not considered high growth.

Hilltop Holdings's earnings are expected to grow by 3.3% yearly, however this is not considered high growth (20% yearly).

Hilltop Holdings's revenues are expected to decrease over the next 1-3 years, this is below the United States of America market average.

Hilltop Holdings's earnings growth is positive but not above the United States of America market average.

Hilltop Holdings's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Hilltop Holdings will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Hilltop Holdings performed over the past 5 years?

-3.1%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Hilltop Holdings's year on year earnings growth rate was negative over the past 5 years, however the most recent earnings are above average.

Hilltop Holdings's 1-year earnings growth exceeds its 5-year average (58.7% vs -3.1%)

Hilltop Holdings's earnings growth has exceeded the US Banks industry average in the past year (58.7% vs 33.2%).


Return on Equity

Hilltop Holdings has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Hilltop Holdings used its assets more efficiently than the US Banks industry average last year based on Return on Assets.


Return on Capital Employed

Unable to establish if Hilltop Holdings 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 Hilltop Holdings'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


Financial Institutions Analysis

Hilltop Holdings has an acceptable proportion of non-loan assets held.

Hilltop Holdings has a sufficient allowance for bad loans.

Hilltop Holdings's liabilities are made up of primarily low risk sources of funding.

Hilltop Holdings's level of assets compared to its equity is low (i.e. an appropriate level of borrowing to fund lending).

Loans at Hilltop Holdings are broadly funded by customer deposits.

Hilltop Holdings has an acceptable level of bad loans (less than 2%).


Next Steps

Dividend

What is Hilltop Holdings's current dividend yield, its reliability and sustainability?

1.46%

Expected Dividend Yield


Dividend Yield and Payments Analysis

Hilltop Holdings's pays a lower dividend yield than the bottom 25% of dividend payers in United States of America (1.5%).

Hilltop Holdings's dividend is below the markets top 25% of dividend payers in United States of America (3.9%).

Whilst dividend payments have been stable, Hilltop Holdings has been paying a dividend for less than 10 years.

Dividend payments have increased, but Hilltop Holdings only paid a dividend in the past 3 years.


Current Payout to Shareholders

Dividends paid are well covered by earnings (5.7x 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 Hilltop Holdings's salary, the management and board of directors tenure and is there insider trading?

2.9yrs

Average management tenure


CEO

Jeremy Ford (44yo)

0.3yrs

Tenure

US$3,022,479

Compensation

Mr. Jeremy Blue Ford has been Chairman of the Board at First Acceptance Corporation since November 2011. Areas of Responsibility: - Oversees all holding company functional areas including finance, leg ...


CEO Compensation Analysis

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

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


Management Age and Tenure

2.9yrs

Average Tenure

47yo

Average Age

The tenure for the Hilltop Holdings management team is about average.


Board Age and Tenure

10.4yrs

Average Tenure

72yo

Average Age

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


Insider Trading

Hilltop Holdings individual insiders have only sold shares in the past 3 months.


Recent Insider Transactions

SellUS$810,25603 Jun 19
Hillel Feinberg
EntityIndividual
Shares40,000
Max PriceUS$20.26
SellUS$1,336,45801 Mar 19
Alan White
EntityIndividual
Shares69,029
Max PriceUS$19.40
SellUS$1,013,32113 Nov 18
Hillel Feinberg
EntityIndividual
Shares51,000
Max PriceUS$19.98
SellUS$31,01731 Aug 18
Keith Bornemann
EntityIndividual
Role
Executive VP
Shares1,500
Max PriceUS$20.68

Ownership Breakdown


Management Team

  • Will Furr (41yo)

    Executive VP & CFO

    • Tenure: 2.9yrs
    • Compensation: $1.22m
  • Mark Plunkett

    Executive VP

    • Tenure: 1.4yrs
  • Erik Yohe

    Senior Vice President of Corporate Development

  • Jerry Schaffner (61yo)

    President & CEO of Plainscapital Bank

    • Tenure: 8.8yrs
    • Compensation: $1.49m
  • Todd Salmans (70yo)

    Chief Executive Officer of Primelending

    • Tenure: 8.6yrs
    • Compensation: $1.63m
  • Toby Pennycuff

    Chief Information Officer

    • Tenure: 2.3yrs
  • Keith Bornemann (47yo)

    Executive VP

    • Tenure: 1.8yrs
  • Jeremy Ford (44yo)

    President

    • Tenure: 0.3yrs
    • Compensation: $3.02m
  • Darren Parmenter (56yo)

    • Tenure: 2.9yrs
    • Compensation: $802.11k
  • Corey Prestidge (45yo)

    Executive VP

    • Tenure: 11.6yrs
    • Compensation: $550.34k

Board Members

  • Jerry Ford (75yo)

    Chairman of the Board

    • Tenure: 12.0yrs
    • Compensation: $959.90k
  • W. Nichols (74yo)

    Director

    • Tenure: 11.3yrs
    • Compensation: $68.00k
  • Arthur Sherman (53yo)

    Director

    • Tenure: 6.8yrs
    • Compensation: $68.00k
  • Charles Cummings (82yo)

    Director

    • Tenure: 13.8yrs
    • Compensation: $123.00k
  • Bill Hill (76yo)

    Director

    • Tenure: 11.3yrs
    • Compensation: $63.00k
  • Tracy Bolt (55yo)

    Director

    • Tenure: 6.8yrs
    • Compensation: $111.00k
  • Charlotte Anderson (53yo)

    Director

    • Tenure: 6.8yrs
    • Compensation: $58.00k
  • Rhodes Bobbitt (73yo)

    Director

    • Tenure: 13.8yrs
    • Compensation: $88.00k
  • Robert Taylor (71yo)

    Director

    • Tenure: 6.8yrs
    • Compensation: $58.00k
  • Jeremy Ford (44yo)

    President

    • Tenure: 9.4yrs
    • Compensation: $3.02m

Company Information

Hilltop Holdings Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Hilltop Holdings Inc.
  • Ticker: HTH
  • Exchange: NYSE
  • Founded: 1998
  • Industry: regional banks
  • Sector: banks
  • Market Cap: US$2.102b
  • Shares outstanding: 92.78m
  • Website: Click here

Number of Employees


Location

  • Hilltop Holdings Inc.
  • 2323 Victory Avenue
  • Suite 1400
  • Dallas
  • Texas
  • 75219
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
WXFDB (Deutsche Boerse AG)YesCommon StockDEEURFeb 2004
HTHNYSE (New York Stock Exchange)YesCommon StockUSUSDFeb 2004

Biography

Hilltop Holdings Inc. provides banking and financial products and services. The company operates in four segments: Banking, Broker-Dealer, Mortgage Origination, and Insurance. The Banking segment offers sa ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/16 23:56
End of Day Share Price2019/08/16 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.