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

Hingham Institution for Savings (NASDAQ:HIFS) announced its earnings results on Friday. The savings and loans company reported $2.16 earnings per share (EPS) for the quarter, Zacks reports. Hingham Institution for Savings had a net margin of 10.95% and a return on equity of 2.27%.

Hingham Institution for Savings Trading Up 0.7 %

Shares of NASDAQ:HIFS opened at $241.80 on Friday. The stock has a market capitalization of $519.87 million, a PE ratio of 22.90 and a beta of 1.02. Hingham Institution for Savings has a 1 year low of $150.11 and a 1 year high of $300.00. The firm has a fifty day moving average price of $265.69 and a 200 day moving average price of $248.19. The company has a current ratio of 1.57, a quick ratio of 1.57 and a debt-to-equity ratio of 3.63.

Hingham Institution for Savings Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Monday, January 6th were issued a $0.63 dividend. This represents a $2.52 dividend on an annualized basis and a yield of 1.04%. The ex-dividend date of this dividend was Monday, January 6th. Hingham Institution for Savings’s dividend payout ratio is presently 23.86%.

Analysts Set New Price Targets

Separately, StockNews.com raised shares of Hingham Institution for Savings from a “sell” rating to a “hold” rating in a research note on Monday, January 13th.

About Hingham Institution for Savings

Hingham Institution for Savings provides various financial products and services to individuals and small businesses in the United States. It offers savings, checking, money market, demand, and negotiable order of withdrawal accounts, as well as certificates of deposit. The company provides commercial and residential real estate, construction, home equity, commercial, consumer, and mortgage loans.