Hingham Institution for Savings (HIFS) Releases Quarterly Earnings Results

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

Hingham Institution for Savings (HIFS) traded down $0.80 during trading hours on Friday, hitting $211.50. The company had a trading volume of 1,600 shares, compared to its average volume of 4,683. The company has a market capitalization of $447.10, a P/E ratio of 18.09 and a beta of 0.81. Hingham Institution for Savings has a fifty-two week low of $148.02 and a fifty-two week high of $242.00.

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 17th. Investors of record on Friday, January 5th were issued a dividend of $0.34 per share. The ex-dividend date of this dividend was Thursday, January 4th. This represents a $1.36 dividend on an annualized basis and a dividend yield of 0.64%. Hingham Institution for Savings’s payout ratio is presently 11.63%.

Several equities research analysts have issued reports on the company. BidaskClub downgraded Hingham Institution for Savings from a “hold” rating to a “sell” rating in a report on Friday, January 5th. ValuEngine upgraded Hingham Institution for Savings from a “hold” rating to a “buy” rating in a report on Thursday, November 30th.

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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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