HTH Stock Summary and Trading Ideas (Hilltop Hldgs | NYSE:HTH)

Hilltop Holdings Inc is a Dallas-based financial holding company. Its primary line of business is to provide business and consumer banking services from offices throughout Texas through PlainsCapital Bank. Hilltop's broker-dealer subsidiaries, Hilltop Securities Inc. and Momentum Independent Network Inc. provide a full complement of securities brokerage, institutional and investment banking services in addition to clearing services and retail financial advisory. Its business units are comprised of three reportable business segments such as banking, broker-dealer, and mortgage origination. The company generates revenue from banking activities. Hilltop operated around 410 locations in 47 states.

Hilltop Hldgs trades on the NYSE stock market under the symbol HTH.

As of April 19, 2024, HTH stock price climbed to $29.67 with 326,767 million shares trading.

HTH has a beta of 1.04, meaning it tends to be more sensitive to market movements. HTH has a correlation of 0.23 to the broad based SPY ETF.

HTH has a market cap of $1.93 billion. This is considered a Small Cap stock.

Last quarter Hilltop Hldgs reported $104 million in Revenue and $.42 earnings per share. This fell short of revenue expectation by $-6 million and exceeded earnings estimates by $.17.

In the last 3 years, HTH stock traded as high as $39.14 and as low as $24.18.

The top ETF exchange traded funds that HTH belongs to (by Net Assets): VTI, VB, IWM, VBR, VXF.

HTH has underperformed the market in the last year with a return of +4.2%, while the SPY ETF gained +21.1%. In the last 3 month period, HTH fell short of the market, returning -8.7%, while SPY returned +4.2%. However, in the most recent 2 weeks HTH has outperformed the stock market by returning -2.9%, while SPY returned -3.5%.

HTH support price is $28.57 and resistance is $29.53 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that HTH stock will trade within this expected range on the day.