Hingham Institution for Savings (NASDAQ:HIFS) Issues Quarterly Earnings Results

Hingham Institution for Savings (NASDAQ:HIFS) released its quarterly earnings data on Thursday, January 18th. The savings and loans company reported $3.16 earnings per share for the quarter, Bloomberg Earnings reports. The business had revenue of $16.94 million during the quarter.

Hingham Institution for Savings (HIFS) traded down $0.25 during mid-day trading on Friday, reaching $200.10. 3,334 shares of the company traded hands, compared to its average volume of 4,420. The firm has a market capitalization of $421.41, a price-to-earnings ratio of 16.91 and a beta of 0.74. Hingham Institution for Savings has a 52 week low of $148.02 and a 52 week high of $242.00.

The company also recently declared a quarterly dividend, which was paid on Wednesday, January 17th. Investors of record on Friday, January 5th were given a dividend of $0.34 per share. The ex-dividend date was Thursday, January 4th. This represents a $1.36 annualized dividend and a yield of 0.68%. Hingham Institution for Savings’s dividend payout ratio is presently 11.50%.

A number of analysts have recently weighed in on HIFS shares. ValuEngine upgraded shares of Hingham Institution for Savings from a “hold” rating to a “buy” rating in a research note on Thursday, November 30th. BidaskClub lowered shares of Hingham Institution for Savings from a “buy” rating to a “hold” rating in a research report on Tuesday, December 12th.

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Hingham Institution for Savings Company Profile

Hingham Institution for Savings (the Bank) is a Massachusetts-chartered savings bank (the Bank). The Bank is principally engaged in the business of residential and commercial real estate mortgage lending, funded by a retail deposit network and borrowings. The Bank provides a range of financial services to individuals and small businesses through its approximately 10 offices in Boston and southeastern Massachusetts.

Earnings History for Hingham Institution for Savings (NASDAQ:HIFS)

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