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 $60.00 (represents a -9.50% downside from HTLF’s last price of $66.30) 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 $60.00 based on 1-year price targets from 3 Wall Street analysts in the past 3 months, with a price target range of $60.00 to $60.00. This represents a potential -9.50% downside from HTLF's last price of $66.30.
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 |
|---|---|---|---|---|---|---|
| Oct 30, 2024 | Jeffrey Rulis | D.A. Davidson | $60.00 | $60.32 | -0.53% | -9.50% |
| Apr 30, 2024 | Jeffrey Rulis | D.A. Davidson | $45.00 | $42.11 | 6.86% | -32.13% |
The latest Heartland Financial USA stock forecast, released on Oct 30, 2024 by Jeffrey Rulis from D.A. Davidson, set a price target of $60.00, which represents a -0.53% decrease from the stock price at the time of the forecast ($60.32), and a -9.50% decrease from HTLF last price ($66.30).
Heartland Financial USA Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 1 | 2 |
| Avg Price Target | $60.00 | $60.00 | $52.50 |
| Last Closing Price | $66.30 | $66.30 | $66.30 |
| Upside/Downside | -9.50% | -9.50% | -20.81% |
In the current month, the average price target of Heartland Financial USA stock is $60.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a -9.50% decrease as opposed to Heartland Financial USA's last price of $66.30. This month's average price target is down 0.00% compared to last quarter, and up 14.29% 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 | Jun 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 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | $174.03M | $183.00M | $181.10M | $192.81M | $9.50M | $180.23M | $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 | $116.50M | $98.51M |
| Avg Forecast | $183.41M | $182.29M | $180.00M | $178.03M | $180.14M | $186.89M | $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 | $130.07M | $98.90M |
| High Forecast | $187.02M | $185.88M | $183.54M | $181.53M | $183.68M | $187.02M | $183.19M | $182.34M | $180.60M | $182.02M | $185.80M | $196.17M | $193.32M | $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 | $156.09M | $118.68M |
| Low Forecast | $180.00M | $178.90M | $176.65M | $174.72M | $176.78M | $186.77M | $183.19M | $182.34M | $179.39M | $177.64M | $178.82M | $188.80M | $186.05M | $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 | $104.06M | $79.12M |
| # Analysts | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 2 | 5 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 16 | 8 | 11 | 7 | 11 | 7 | 7 | 17 | 20 |
| Surprise % | - | - | - | - | - | - | - | - | - | 0.97% | 1.00% | 0.94% | 1.02% | 0.05% | 1.04% | 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% | 0.90% | 1.00% |
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 | Jun 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 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 2 | 5 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 16 | 8 | 11 | 7 | 11 | 7 | 7 | 17 | 20 |
| EBITDA | - | - | - | - | - | - | - | - | - | $63.20M | $66.52M | $134.65M | $115.91M | $93.44M | $102.81M | $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 | $44.82M | $38.09M |
| Avg Forecast | $65.25M | $64.85M | $64.03M | $63.33M | $64.08M | $66.49M | $65.17M | $64.87M | $64.03M | $64.05M | $64.82M | $68.44M | $81.96M | $60.56M | $56.90M | $24.17M | $58.67M | $57.01M | $57.69M | $75.27M | $52.97M | $51.14M | $46.75M | $66.03M | $45.40M | $45.68M | $45.00M | $69.79M | $49.57M | $38.09M |
| High Forecast | $66.53M | $66.13M | $65.30M | $64.58M | $65.35M | $66.53M | $65.17M | $64.87M | $64.25M | $64.75M | $66.10M | $69.79M | $98.35M | $60.56M | $56.90M | $29.00M | $58.67M | $57.01M | $57.69M | $90.32M | $52.97M | $51.14M | $46.75M | $79.24M | $45.40M | $45.68M | $45.00M | $83.75M | $59.48M | $45.70M |
| Low Forecast | $64.03M | $63.64M | $62.84M | $62.16M | $62.89M | $66.44M | $65.17M | $64.87M | $63.82M | $63.20M | $63.62M | $67.17M | $65.57M | $60.56M | $56.90M | $19.34M | $58.67M | $57.01M | $57.69M | $60.21M | $52.97M | $51.14M | $46.75M | $52.83M | $45.40M | $45.68M | $45.00M | $55.83M | $39.66M | $30.47M |
| Surprise % | - | - | - | - | - | - | - | - | - | 0.99% | 1.03% | 1.97% | 1.41% | 1.54% | 1.81% | 1.08% | 1.17% | 1.45% | 1.59% | 1.10% | 1.20% | 1.50% | 1.16% | 0.78% | 1.56% | 1.57% | 1.94% | 0.94% | 0.90% | 1.00% |
2 analysts predict HTLF's average Quarter EBITDA for Dec 23 to be $64.03M, with a high of $64.25M and a low of $63.82M. This is 1.33% upper 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 | Jun 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 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 2 | 5 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 16 | 8 | 11 | 7 | 11 | 7 | 7 | 17 | 20 |
| Net Income | - | - | - | - | - | - | - | - | - | $48.09M | $49.42M | $52.78M | $60.65M | $56.56M | $51.87M | $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 | $23.27M | $18.01M |
| Avg Forecast | $47.95M | $47.19M | $45.36M | $44.28M | $45.68M | $50.65M | $49.13M | $47.95M | $28.42M | $47.08M | $49.24M | $56.84M | $59.01M | $54.00M | $45.39M | $44.61M | $52.53M | $53.14M | $54.51M | $48.01M | $43.75M | $39.36M | $19.29M | $25.65M | $42.11M | $39.83M | $40.33M | $33.45M | $25.73M | $18.01M |
| High Forecast | $49.17M | $48.40M | $46.52M | $45.41M | $48.78M | $50.70M | $49.15M | $49.17M | $29.15M | $48.81M | $50.37M | $59.28M | $70.81M | $54.38M | $47.55M | $44.61M | $52.53M | $53.38M | $54.51M | $57.62M | $43.75M | $39.36M | $19.29M | $30.78M | $42.11M | $39.83M | $40.33M | $40.13M | $30.88M | $21.61M |
| Low Forecast | $46.79M | $46.05M | $44.26M | $43.20M | $43.46M | $50.59M | $49.12M | $46.79M | $27.73M | $46.22M | $48.11M | $54.41M | $47.21M | $53.62M | $43.22M | $44.61M | $52.53M | $52.89M | $54.51M | $38.41M | $43.75M | $39.36M | $19.29M | $20.52M | $42.11M | $39.83M | $40.33M | $26.76M | $20.59M | $14.41M |
| Surprise % | - | - | - | - | - | - | - | - | - | 1.02% | 1.00% | 0.93% | 1.03% | 1.05% | 1.14% | 1.12% | 0.94% | 1.05% | 1.13% | 1.10% | 0.91% | 1.22% | 1.56% | 0.78% | 0.90% | 0.87% | 1.12% | 0.94% | 0.90% | 1.00% |
Heartland Financial USA's average Quarter net income forecast for Dec 23 is $28.42M, with a range of $27.73M to $29.15M. HTLF's average Quarter net income forecast represents a -40.90% 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 | Jun 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 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 2 | 5 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 16 | 8 | 11 | 7 | 11 | 7 | 7 | 17 | 20 |
| SG&A | - | - | - | - | - | - | - | - | - | $67.21M | $68.19M | $64.13M | $63.44M | $64.22M | $65.31M | $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 | $51.64M | $45.00M |
| Avg Forecast | $70.98M | $70.55M | $69.66M | $68.90M | $69.72M | $72.33M | $70.90M | $70.57M | $69.66M | $69.68M | $70.52M | $74.45M | $77.66M | $63.49M | $59.66M | $58.50M | $61.52M | $59.78M | $60.49M | $55.03M | $55.54M | $53.62M | $49.02M | $66.77M | $47.61M | $47.90M | $47.19M | $55.86M | $57.11M | $45.00M |
| High Forecast | $72.38M | $71.94M | $71.03M | $70.26M | $71.09M | $72.38M | $70.90M | $70.57M | $69.89M | $70.44M | $71.91M | $75.92M | $93.19M | $63.49M | $59.66M | $58.50M | $61.52M | $59.78M | $60.49M | $66.03M | $55.54M | $53.62M | $49.02M | $80.12M | $47.61M | $47.90M | $47.19M | $67.04M | $68.53M | $54.00M |
| Low Forecast | $69.66M | $69.24M | $68.37M | $67.62M | $68.42M | $72.28M | $70.90M | $70.57M | $69.43M | $68.75M | $69.21M | $73.07M | $62.13M | $63.49M | $59.66M | $58.50M | $61.52M | $59.78M | $60.49M | $44.02M | $55.54M | $53.62M | $49.02M | $53.41M | $47.61M | $47.90M | $47.19M | $44.69M | $45.69M | $36.00M |
| Surprise % | - | - | - | - | - | - | - | - | - | 0.96% | 0.97% | 0.86% | 0.82% | 1.01% | 1.09% | 1.16% | 1.06% | 1.05% | 0.98% | 1.10% | 0.95% | 0.97% | 1.04% | 0.78% | 1.10% | 1.10% | 1.12% | 0.94% | 0.90% | 1.00% |
Heartland Financial USA's average Quarter SG&A projection for Dec 23 is $69.66M, based on 2 Wall Street analysts, with a range of $69.43M to $69.89M. The forecast indicates a 3.65% rise 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 | Jun 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 | Mar 18 | Mar 17 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 2 | 2 | 1 | 1 | 1 | 2 | 5 | 4 | 4 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 16 | 8 | 11 | 7 | 11 | 7 | 7 | 17 | 20 |
| EPS | - | - | - | - | - | - | - | - | - | $1.08 | $1.11 | $1.19 | $1.38 | $1.28 | $1.17 | $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 | $0.75 | $0.67 |
| Avg Forecast | $1.11 | $1.09 | $1.05 | $1.02 | $1.06 | $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 | $0.94 | $0.68 |
| High Forecast | $1.14 | $1.12 | $1.08 | $1.05 | $1.13 | $1.17 | $1.14 | $1.14 | $0.67 | $1.13 | $1.17 | $1.37 | $1.38 | $1.26 | $1.10 | $1.04 | $1.22 | $1.24 | $1.27 | $1.11 | $1.02 | $0.91 | $0.45 | $0.75 | $0.98 | $0.93 | $0.94 | $0.97 | $1.13 | $0.82 |
| Low Forecast | $1.08 | $1.07 | $1.02 | $1.00 | $1.01 | $1.17 | $1.14 | $1.08 | $0.64 | $1.07 | $1.11 | $1.26 | $1.31 | $1.25 | $1.00 | $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 | $0.75 | $0.54 |
| Surprise % | - | - | - | - | - | - | - | - | - | 0.99% | 0.97% | 0.90% | 1.03% | 1.02% | 1.11% | 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% | 0.80% | 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 $0.64 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 | $10.71 | $12.50 | 16.71% | Buy |
| FFNW | First Financial Northwest | $22.47 | $23.50 | 4.58% | Hold |
| HBCP | Home Bancorp | $48.91 | $50.00 | 2.23% | Buy |
| GABC | German American Bancorp | $45.08 | $45.67 | 1.31% | Buy |
| HFWA | Heritage Financial | $25.79 | $26.00 | 0.81% | Hold |
| BFST | Business First Bancshares | $27.95 | $28.00 | 0.18% | Buy |
| FNWB | First Northwest Bancorp | $11.07 | $11.00 | -0.63% | Hold |
| GSBC | Great Southern Bancorp | $62.62 | $62.00 | -0.99% | Hold |
| PGC | Peapack-Gladstone Financial | $35.76 | $35.00 | -2.13% | Buy |
| BY | Byline Bancorp | $31.33 | $29.00 | -7.44% | Buy |
| HTLF | Heartland Financial USA | $66.30 | $60.00 | -9.50% | Hold |
| TCBI | Texas Capital Bancshares | $85.08 | $76.20 | -10.44% | Buy |