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

Posted by Jeanne O'Marion on Jan 17th, 2025

Hingham Institution for Savings (NASDAQ:HIFS – Get Free Report) issued its quarterly 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 return on equity of 2.27% and a net margin of 10.95%.

Hingham Institution for Savings Trading Up 0.7 %

Shares of Hingham Institution for Savings stock traded up $1.62 on Friday, hitting $241.80. 13,359 shares of the company traded hands, compared to its average volume of 16,347. Hingham Institution for Savings has a 52 week low of $150.11 and a 52 week high of $300.00. The company has a market cap of $519.87 million, a PE ratio of 22.90 and a beta of 1.02. The stock’s 50 day moving average price is $267.46 and its 200-day moving average price is $247.82. 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 Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Monday, January 6th were given a dividend of $0.63 per share. This represents a $2.52 dividend on an annualized basis and a dividend yield of 1.04%. The ex-dividend date of this dividend was Monday, January 6th. Hingham Institution for Savings’s dividend payout ratio (DPR) is presently 23.86%.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded Hingham Institution for Savings from a “sell” rating to a “hold” rating in a research report on Monday.

View Our Latest Analysis on Hingham Institution for Savings

Hingham Institution for Savings Company Profile

(Get Free Report)

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.