Hingham Institution for Savings (HIFS) Posts Quarterly Earnings Results

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Hingham Institution for Savings (NASDAQ:HIFS) posted its earnings results on Friday. The savings and loans company reported $4.05 earnings per share (EPS) for the quarter, Bloomberg Earnings reports.

HIFS opened at $213.05 on Friday. The stock has a market cap of $462.92 million, a P/E ratio of 15.87 and a beta of 0.76. Hingham Institution for Savings has a fifty-two week low of $191.45 and a fifty-two week high of $242.00.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 17th. Investors of record on Tuesday, October 9th will be given a dividend of $0.36 per share. The ex-dividend date is Friday, October 5th. This represents a $1.44 annualized dividend and a yield of 0.68%. This is a positive change from Hingham Institution for Savings’s previous quarterly dividend of $0.35.

Separately, BidaskClub lowered shares of Hingham Institution for Savings from a “hold” rating to a “sell” rating in a research report on Wednesday, August 8th.

About Hingham Institution for Savings

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.

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

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