Is Heartland Financial (HTLF) Stock a Solid Choice Right Now?
One stock that might be an intriguing choice for investors right now is Heartland Financial USA, Inc. HTLF. This is because this security in the Banks – Midwest space is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective.
This is important because, often times, a rising tide will lift all boats in an industry, as there can be broad trends taking place in a segment that are boosting securities across the board. This is arguably taking place in the Banks – Midwest space as it currently has a Zacks Industry Rank of 64 out of more than 250 industries, suggesting it is well-positioned from this perspective, especially when compared to other segments out there.
Meanwhile, Heartland Financial is actually looking pretty good on its own too. The firm has seen solid earnings estimate revision activity over the recent past, suggesting analysts are becoming a bit more bullish on the firm’s prospects in both the short and long term.
Heartland Financial USA, Inc. Price and Consensus
In fact, over the past month, current quarter estimates have risen from 77 cents per share to 95 cents per share, while current year estimates have risen from $3.12 per share to $3.25 per share. This has helped HTLF to earn a Zacks Rank #1 (Strong Buy), further underscoring the company’s solid position. You can see the complete list of today’s Zacks #1 Rank stocks here.
So, if you are looking for a decent pick in a strong industry, consider Heartland Financial. Not only is its industry currently in the top third, but it is seeing solid estimate revisions as of late, suggesting it could be a very interesting choice for investors seeking a name in this great industry segment.
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Heartland Financial USA, Inc. (HTLF): Free Stock Analysis Report
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.