Heartland Financial USA (HTLF) Stock Forecast, Price Target & Predictions
HTLF Stock Forecast
Heartland Financial USA stock forecast is as follows: an average price target of $45.00 (represents a -20.48% downside from HTLF’s last price of $56.59) and a rating consensus of 'Hold', based on 3 wall street analysts offering a 1-year stock forecast.
HTLF Price Target
The average price target for Heartland Financial USA (HTLF) is $45.00 based on 1-year price targets from 3 Wall Street analysts in the past 3 months, with a price target range of $45.00 to $45.00. This represents a potential -20.48% downside from HTLF's last price of $56.59.
HTLF Analyst Ratings
According to 3 Wall Street analysts, Heartland Financial USA's rating consensus is 'Hold'. The analyst rating breakdown for HTLF stock is 1 'Strong Buy' (33.33%), 0 'Buy' (0.00%), 2 'Hold' (66.67%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Heartland Financial USA Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Apr 30, 2024 | Jeffrey Rulis | D.A. Davidson | $45.00 | $42.11 | 6.86% | -20.48% |
The latest Heartland Financial USA stock forecast, released on Apr 30, 2024 by Jeffrey Rulis from D.A. Davidson, set a price target of $45.00, which represents a 6.86% increase from the stock price at the time of the forecast ($42.11), and a -20.48% decrease from HTLF last price ($56.59).
Heartland Financial USA Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 1 |
| Avg Price Target | - | - | $45.00 |
| Last Closing Price | $56.59 | $56.59 | $56.59 |
| Upside/Downside | -100.00% | -100.00% | -20.48% |
In the current month, the average price target of Heartland Financial USA stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Heartland Financial USA's last price of $56.59. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Apr 30, 2024 | Keefe, Bruyette & Woods | Market Perform | Market Perform | Hold |
| Feb 29, 2024 | Raymond James | - | Strong Buy | Upgrade |
| Jan 30, 2024 | Sandler O'Neill | Underperform | Underperform | Hold |
| Jan 30, 2024 | Stephens | Market Perform | Market Perform | Hold |
| Dec 13, 2022 | Keefe, Bruyette & Woods | - | Market Perform | Downgrade |
Heartland Financial USA's last stock rating was published by Keefe, Bruyette & Woods on Apr 30, 2024. The company gave HTLF a "Market Perform" rating, the same as its previous rate.
Heartland Financial USA Financial Forecast
Heartland Financial USA Revenue Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | $174.03M | $183.00M | $181.10M | $192.81M | $9.50M | - | $169.20M | $169.71M | $175.27M | $174.20M | $169.73M | $162.57M | $151.95M | $154.08M | $138.31M | $139.26M | $140.37M | $157.06M | $132.68M | $137.36M | $139.53M |
| Avg Forecast | $190.20M | $188.84M | $186.78M | $184.44M | $186.38M | $186.64M | $183.19M | $182.34M | $179.99M | $180.05M | $182.21M | $192.38M | $189.58M | $183.57M | $172.49M | $169.13M | $177.85M | $172.82M | $174.88M | $175.17M | $160.58M | $155.02M | $141.71M | $139.23M | $137.63M | $138.47M | $136.42M | $131.24M | $147.66M | $141.95M |
| High Forecast | $193.12M | $191.75M | $189.65M | $187.27M | $189.25M | $189.51M | $186.00M | $185.15M | $180.60M | $182.02M | $185.02M | $195.34M | $192.50M | $186.39M | $172.49M | $170.02M | $178.78M | $173.72M | $175.80M | $176.09M | $161.42M | $155.83M | $142.46M | $139.96M | $138.35M | $139.20M | $137.14M | $131.93M | $177.20M | $170.34M |
| Low Forecast | $187.41M | $186.07M | $184.03M | $181.73M | $183.64M | $183.90M | $180.50M | $179.66M | $179.39M | $177.64M | $179.54M | $189.55M | $186.80M | $180.87M | $172.49M | $168.09M | $176.75M | $171.75M | $173.80M | $174.09M | $159.59M | $154.06M | $140.84M | $138.37M | $136.78M | $137.62M | $135.58M | $130.43M | $118.13M | $113.56M |
| # Analysts | - | - | - | - | 1 | 2 | 1 | 1 | 2 | 5 | 4 | 4 | 3 | 3 | 1 | 1 | 2 | 2 | 2 | 10 | 10 | 10 | 10 | 10 | 9 | 9 | 9 | 9 | 20 | 7 |
| Surprise % | - | - | - | - | - | - | - | - | - | 0.97% | 1.00% | 0.94% | 1.02% | 0.05% | - | 1.00% | 0.95% | 1.01% | 1.00% | 0.97% | 1.01% | 0.98% | 1.09% | 0.99% | 1.01% | 1.01% | 1.15% | 1.01% | 0.93% | 0.98% |
Heartland Financial USA's average Quarter revenue forecast for Dec 23 based on 2 analysts is $179.99M, with a low forecast of $179.39M, and a high forecast of $180.60M. HTLF's average Quarter revenue forecast represents a 3.43% increase compared to the company's last Quarter revenue of $174.03M (Sep 23).
Heartland Financial USA EBITDA Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | 1 | 2 | 1 | 1 | 2 | 5 | 4 | 4 | 3 | 3 | 1 | 1 | 2 | 2 | 2 | 10 | 10 | 10 | 10 | 10 | 9 | 9 | 9 | 9 | 20 | 7 |
| EBITDA | - | - | - | - | - | - | - | - | - | $63.20M | $66.52M | $134.65M | $115.91M | $93.44M | - | $26.18M | $68.86M | $82.49M | $91.82M | $82.80M | $63.67M | $76.76M | $54.14M | $51.59M | $70.70M | $71.88M | $87.21M | $65.73M | $62.99M | $65.26M |
| Avg Forecast | $62.74M | $62.30M | $61.62M | $60.84M | $61.48M | $61.57M | $60.43M | $60.15M | $59.38M | $59.40M | $60.11M | $63.46M | $62.54M | $87.79M | $56.90M | $24.17M | $74.51M | $79.81M | $82.49M | $75.27M | $66.17M | $49.77M | $53.59M | $66.03M | $67.09M | $71.11M | $57.52M | $69.79M | $67.40M | $65.92M |
| High Forecast | $63.71M | $63.25M | $62.56M | $61.78M | $62.43M | $62.52M | $61.36M | $61.08M | $59.58M | $60.05M | $61.03M | $64.44M | $63.50M | $105.34M | $56.90M | $29.00M | $89.41M | $95.77M | $98.99M | $90.32M | $79.41M | $59.72M | $64.31M | $79.24M | $80.51M | $85.33M | $69.02M | $83.75M | $80.88M | $79.11M |
| Low Forecast | $61.82M | $61.38M | $60.71M | $59.95M | $60.58M | $60.67M | $59.54M | $59.27M | $59.18M | $58.60M | $59.23M | $62.53M | $61.62M | $70.23M | $56.90M | $19.34M | $59.61M | $63.85M | $66.00M | $60.21M | $52.94M | $39.82M | $42.87M | $52.83M | $53.67M | $56.89M | $46.02M | $55.83M | $53.92M | $52.74M |
| Surprise % | - | - | - | - | - | - | - | - | - | 1.06% | 1.11% | 2.12% | 1.85% | 1.06% | - | 1.08% | 0.92% | 1.03% | 1.11% | 1.10% | 0.96% | 1.54% | 1.01% | 0.78% | 1.05% | 1.01% | 1.52% | 0.94% | 0.93% | 0.99% |
2 analysts predict HTLF's average Quarter EBITDA for Dec 23 to be $59.38M, with a high of $59.58M and a low of $59.18M. This is -6.04% lower than Heartland Financial USA's previous annual EBITDA (Sep 23) of $63.20M.
Heartland Financial USA Net Income Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | 1 | 2 | 1 | 1 | 2 | 5 | 4 | 4 | 3 | 3 | 1 | 1 | 2 | 2 | 2 | 10 | 10 | 10 | 10 | 10 | 9 | 9 | 9 | 9 | 20 | 7 |
| Net Income | - | - | - | - | - | - | - | - | - | $48.09M | $49.42M | $52.78M | $60.65M | $56.56M | - | $49.87M | $49.58M | $55.92M | $61.60M | $52.81M | $39.81M | $47.96M | $30.13M | $20.04M | $37.85M | $34.61M | $45.17M | $31.50M | $32.14M | $33.71M |
| Avg Forecast | $51.78M | $51.13M | $49.52M | $48.33M | $50.16M | $50.38M | $48.98M | $47.80M | $28.33M | $46.94M | $49.09M | $56.67M | $57.87M | $59.52M | $45.23M | $44.38M | $53.64M | $54.11M | $55.35M | $48.01M | $41.37M | $31.09M | $29.83M | $25.65M | $35.92M | $34.24M | $29.79M | $33.45M | $34.39M | $34.05M |
| High Forecast | $52.81M | $52.16M | $50.51M | $49.30M | $51.17M | $53.80M | $49.96M | $48.75M | $28.90M | $48.66M | $50.07M | $57.80M | $59.03M | $71.42M | $45.23M | $44.68M | $64.37M | $64.93M | $66.42M | $57.62M | $49.64M | $37.31M | $35.79M | $30.78M | $43.10M | $41.09M | $35.75M | $40.13M | $41.27M | $40.86M |
| Low Forecast | $50.79M | $50.16M | $48.57M | $47.41M | $49.21M | $48.25M | $48.05M | $46.88M | $27.79M | $46.07M | $48.15M | $55.59M | $56.77M | $47.61M | $45.23M | $44.02M | $42.92M | $43.28M | $44.28M | $38.41M | $33.10M | $24.87M | $23.86M | $20.52M | $28.74M | $27.39M | $23.83M | $26.76M | $27.51M | $27.24M |
| Surprise % | - | - | - | - | - | - | - | - | - | 1.02% | 1.01% | 0.93% | 1.05% | 0.95% | - | 1.12% | 0.92% | 1.03% | 1.11% | 1.10% | 0.96% | 1.54% | 1.01% | 0.78% | 1.05% | 1.01% | 1.52% | 0.94% | 0.93% | 0.99% |
Heartland Financial USA's average Quarter net income forecast for Dec 23 is $28.33M, with a range of $27.79M to $28.90M. HTLF's average Quarter net income forecast represents a -41.08% decrease compared to the company's last Quarter net income of $48.09M (Sep 23).
Heartland Financial USA SG&A Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | 1 | 2 | 1 | 1 | 2 | 5 | 4 | 4 | 3 | 3 | 1 | 1 | 2 | 2 | 2 | 10 | 10 | 10 | 10 | 10 | 9 | 9 | 9 | 9 | 20 | 7 |
| SG&A | - | - | - | - | - | - | - | - | - | $67.21M | $68.19M | $64.13M | $63.44M | $64.22M | - | $67.73M | $65.25M | $62.61M | $58.98M | $60.53M | $52.72M | $51.91M | $51.11M | $52.16M | $52.54M | $52.76M | $52.66M | $52.61M | $50.36M | $53.79M |
| Avg Forecast | $65.79M | $65.32M | $64.61M | $63.80M | $64.47M | $64.56M | $63.36M | $63.07M | $62.26M | $62.28M | $63.03M | $66.54M | $65.58M | $66.63M | $59.66M | $58.50M | $70.60M | $60.57M | $52.99M | $55.03M | $54.79M | $33.65M | $50.60M | $66.77M | $49.86M | $52.20M | $34.73M | $55.86M | $53.89M | $54.34M |
| High Forecast | $66.80M | $66.32M | $65.60M | $64.78M | $65.46M | $65.55M | $64.34M | $64.04M | $62.47M | $62.96M | $64.00M | $67.57M | $66.58M | $79.96M | $59.66M | $58.81M | $84.72M | $72.69M | $63.59M | $66.03M | $65.75M | $40.38M | $60.72M | $80.12M | $59.83M | $62.64M | $41.68M | $67.04M | $64.66M | $65.21M |
| Low Forecast | $64.82M | $64.36M | $63.66M | $62.86M | $63.52M | $63.61M | $62.43M | $62.14M | $62.05M | $61.44M | $62.10M | $65.57M | $64.61M | $53.31M | $59.66M | $58.14M | $56.48M | $48.46M | $42.39M | $44.02M | $43.83M | $26.92M | $40.48M | $53.41M | $39.89M | $41.76M | $27.78M | $44.69M | $43.11M | $43.47M |
| Surprise % | - | - | - | - | - | - | - | - | - | 1.08% | 1.08% | 0.96% | 0.97% | 0.96% | - | 1.16% | 0.92% | 1.03% | 1.11% | 1.10% | 0.96% | 1.54% | 1.01% | 0.78% | 1.05% | 1.01% | 1.52% | 0.94% | 0.93% | 0.99% |
Heartland Financial USA's average Quarter SG&A projection for Dec 23 is $62.26M, based on 2 Wall Street analysts, with a range of $62.05M to $62.47M. The forecast indicates a -7.36% fall compared to HTLF last annual SG&A of $67.21M (Sep 23).
Heartland Financial USA EPS Forecast
| Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | - | - | - | - | 1 | 2 | 1 | 1 | 2 | 5 | 4 | 4 | 3 | 3 | 1 | 1 | 2 | 2 | 2 | 10 | 10 | 10 | 10 | 10 | 9 | 9 | 9 | 9 | 20 | 7 |
| EPS | - | - | - | - | - | - | - | - | - | $1.08 | $1.11 | $1.19 | $1.38 | $1.28 | - | $0.97 | $1.17 | $1.28 | $1.41 | $1.20 | $0.90 | $1.23 | $0.82 | $0.54 | $1.03 | $0.94 | $1.23 | $0.91 | $0.93 | $0.98 |
| Avg Forecast | $1.20 | $1.19 | $1.15 | $1.12 | $1.17 | $1.17 | $1.14 | $1.11 | $0.66 | $1.09 | $1.14 | $1.32 | $1.34 | $1.25 | $1.05 | $1.04 | $1.22 | $1.23 | $1.27 | $1.11 | $1.02 | $0.91 | $0.45 | $0.75 | $0.98 | $0.93 | $0.94 | $0.97 | $1.07 | $0.99 |
| High Forecast | $1.23 | $1.21 | $1.17 | $1.14 | $1.19 | $1.25 | $1.16 | $1.13 | $0.67 | $1.13 | $1.16 | $1.34 | $1.37 | $1.28 | $1.05 | $1.04 | $1.23 | $1.24 | $1.27 | $1.12 | $1.02 | $0.92 | $0.45 | $0.76 | $0.98 | $0.93 | $0.94 | $0.97 | $1.28 | $1.19 |
| Low Forecast | $1.18 | $1.16 | $1.13 | $1.10 | $1.14 | $1.12 | $1.12 | $1.09 | $0.65 | $1.07 | $1.12 | $1.29 | $1.32 | $1.23 | $1.05 | $1.03 | $1.21 | $1.22 | $1.26 | $1.10 | $1.01 | $0.91 | $0.44 | $0.74 | $0.97 | $0.92 | $0.93 | $0.96 | $0.86 | $0.79 |
| Surprise % | - | - | - | - | - | - | - | - | - | 0.99% | 0.97% | 0.90% | 1.03% | 1.02% | - | 0.94% | 0.96% | 1.03% | 1.11% | 1.09% | 0.88% | 1.35% | 1.83% | 0.73% | 1.05% | 1.02% | 1.31% | 0.94% | 0.87% | 0.99% |
According to 2 Wall Street analysts, Heartland Financial USA's projected average Quarter EPS for Dec 23 is $0.66, with a low estimate of $0.65 and a high estimate of $0.67. This represents a -39.07% decrease compared to HTLF previous annual EPS of $1.08 (Sep 23).
Heartland Financial USA Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| HTBK | Heritage Commerce | $9.95 | $12.50 | 25.63% | Buy |
| GABC | German American Bancorp | $39.09 | $44.00 | 12.56% | Buy |
| BFST | Business First Bancshares | $25.63 | $28.00 | 9.25% | Buy |
| BY | Byline Bancorp | $26.55 | $29.00 | 9.23% | Buy |
| FNWB | First Northwest Bancorp | $10.82 | $11.50 | 6.28% | Hold |
| TCBI | Texas Capital Bancshares | $70.13 | $73.00 | 4.09% | Buy |
| FFNW | First Financial Northwest | $22.68 | $23.50 | 3.62% | Hold |
| HTLF | Heartland Financial USA | $56.59 | $45.00 | -20.48% | Hold |
HTLF Forecast FAQ
Is Heartland Financial USA a good buy?
No, according to 3 Wall Street analysts, Heartland Financial USA (HTLF) is considered a 'Hold'. The rating consensus is based on 1 'Strong Buy' and 0 'Buy' recommendations, accounting for 33.33% of HTLF's total ratings.
What is HTLF's price target?
Heartland Financial USA (HTLF) average price target is $45 with a range of $45 to $45, implying a -20.48% from its last price of $56.59. The data is based on 3 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Heartland Financial USA stock go up soon?
According to Wall Street analysts' prediction for HTLF stock, the company can go down by -20.48% (from the last price of $56.59 to the average price target of $45), down by -20.48% based on the highest stock price target, and down by -20.48% based on the lowest stock price target.
Can Heartland Financial USA stock reach $80?
HTLF's average twelve months analyst stock price target of $45 does not support the claim that Heartland Financial USA can reach $80 in the near future.
What are Heartland Financial USA's analysts' financial forecasts?
Heartland Financial USA's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $738.55M (high $749.91M, low $727.71M), average EBITDA is $243.64M (high $247.38M, low $240.06M), average net income is $197.32M (high $203.68M, low $192.38M), average SG&A $255.46M (high $259.39M, low $251.71M), and average EPS is $4.58 (high $4.73, low $4.47). HTLF's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $750.26M (high $761.79M, low $739.24M), average EBITDA is $247.5M (high $251.3M, low $243.87M), average net income is $200.77M (high $204.78M, low $196.94M), average SG&A $259.51M (high $263.5M, low $255.7M), and average EPS is $4.66 (high $4.76, low $4.57).
Did the HTLF's actual financial results beat the analysts' financial forecasts?
Based on Heartland Financial USA's last annual report (Dec 2023), the company's revenue was $953.8M, beating the average analysts forecast of $734.63M by 29.83%. Apple's EBITDA was $96.78M, missing the average prediction of $242.34M by -60.07%. The company's net income was $79.92M, missing the average estimation of $181.02M by -55.85%. Apple's SG&A was $67.01M, missing the average forecast of $254.11M by -73.63%. Lastly, the company's EPS was $1.68, missing the average prediction of $4.2 by -60.04%. In terms of the last quarterly report (Sep 2023), Heartland Financial USA's revenue was $174.03M, missing the average analysts' forecast of $180.05M by -3.34%. The company's EBITDA was $63.2M, beating the average prediction of $59.4M by 6.40%. Heartland Financial USA's net income was $48.09M, beating the average estimation of $46.94M by 2.46%. The company's SG&A was $67.21M, beating the average forecast of $62.28M by 7.92%. Lastly, the company's EPS was $1.08, missing the average prediction of $1.09 by -0.92%