NASDAQ:HBNC Horizon Bancorp (HBNC) Stock Price, News & Analysis → Top 5 AI Stocks to Buy for 2024 (From Market Moving Trends) (Ad) Free HBNC Stock Alerts $11.29 -0.11 (-0.96%) (As of 04/17/2024 ET) Add Compare Share Share Today's Range$11.29▼$11.6250-Day Range$11.29▼$12.8352-Week Range$7.69▼$14.71Volume125,051 shsAverage Volume159,587 shsMarket Capitalization$498.00 millionP/E Ratio17.64Dividend Yield5.67%Price Target$13.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get Horizon Bancorp alerts: Email Address Horizon Bancorp MarketRank™ Stock AnalysisAnalyst RatingHold2.33 Rating ScoreUpside/Downside15.1% Upside$13.00 Price TargetShort InterestHealthy1.70% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-0.61Upright™ Environmental ScoreNews Sentiment0.64Based on 4 Articles This WeekInsider TradingN/AProj. Earnings Growth14.29%From $1.33 to $1.52 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.64 out of 5 starsFinance Sector126th out of 819 stocksState Commercial Banks Industry34th out of 171 stocks 2.2 Analyst's Opinion Consensus RatingHorizon Bancorp has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.Amount of Analyst CoverageHorizon Bancorp has received no research coverage in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted1.70% of the float of Horizon Bancorp has been sold short.Short Interest Ratio / Days to CoverHorizon Bancorp has a short interest ratio ("days to cover") of 4.5.Change versus previous monthShort interest in Horizon Bancorp has recently decreased by 7.77%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend LeadershipHorizon Bancorp is a leading dividend payer. It pays a dividend yield of 5.61%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthHorizon Bancorp does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Horizon Bancorp is 100.00%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, Horizon Bancorp will have a dividend payout ratio of 42.11% next year. This indicates that Horizon Bancorp will be able to sustain or increase its dividend. Previous Next 3.3 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreHorizon Bancorp has received a 37.31% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Retirement saving services", "Cash withdrawal services", "Mortgages provided by brick and mortar banks", "Mortgage loans for corporations", "Home equity loans", and "Payment platform" products. See details.Environmental SustainabilityThe Environmental Impact score for Horizon Bancorp is -0.61. Previous Next 3.1 News and Social Media Coverage News SentimentHorizon Bancorp has a news sentiment score of 0.64. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.53 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Horizon Bancorp this week, compared to 2 articles on an average week.Search Interest1 people have searched for HBNC on MarketBeat in the last 30 days. MarketBeat FollowsOnly 1 people have added Horizon Bancorp to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Horizon Bancorp insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 2.79% of the stock of Horizon Bancorp is held by insiders.Percentage Held by Institutions64.51% of the stock of Horizon Bancorp is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Horizon Bancorp are expected to grow by 14.29% in the coming year, from $1.33 to $1.52 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Horizon Bancorp is 17.64, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 139.07.Price to Earnings Ratio vs. SectorThe P/E ratio of Horizon Bancorp is 17.64, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 58.65.Price to Book Value per Share RatioHorizon Bancorp has a P/B Ratio of 0.69. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Paradigm PressBitcoin Rockets To Record High But Buy THIS InsteadRecently, Bitcoin smashed through its previous record high to hit $72,720. It’s made many, many people very rich. But one cryptocurrency expert and investing millionaire is declaring…>>Click here to find out what it is. About Horizon Bancorp Stock (NASDAQ:HBNC)Horizon Bancorp, Inc. operates as the bank holding company for Horizon Bank that engages in the provision of commercial and retail banking services. The company offers checking, saving, money market, certificate of deposits, individual retirement accounts, and time deposits, as well as non-interest- and interest-bearing demand deposits. It also provides commercial, residential real estate, mortgage, home equity, auto, personal, business, agricultural, and SBA loans, as well as credit cards. In addition, the company offers corporate and individual trust and agency, investment management, and real estate investment trust services; debit cards; treasury management; online and mobile banking; wealth, retirement, and estate and trust services; and sells various insurance products. It operates through full-service offices in northern and central Indiana and southern and central Michigan. Horizon Bancorp, Inc. was founded in 1873 and is headquartered in Michigan City, Indiana.Read More HBNC Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart HBNC Stock News HeadlinesApril 17, 2024 | americanbankingnews.comHorizon Bancorp (HBNC) Set to Announce Quarterly Earnings on WednesdayApril 12, 2024 | msn.comBring Me The Horizon Drops Hints About Upcoming Album: 'It's Time for a New Era'April 18, 2024 | Paradigm Press (Ad)AI “wealth window” is closing soon!Today, I’m making my boldest prediction ever. Next-generation AI technology will create the first $100 TRILLION industry.April 10, 2024 | benzinga.comFirst Horizon Analyst Sees 'Increased Potential For More Aggressive Capital Return' In 2024April 10, 2024 | americanbankingnews.comHorizon Bancorp (NASDAQ:HBNC) Downgraded to Sell at StockNews.comApril 1, 2024 | finance.yahoo.comHorizon Bancorp, Inc. Announces Conference Call to Review First Quarter Results on April 25April 1, 2024 | globenewswire.comHorizon Bancorp, Inc. Announces Conference Call to Review First Quarter Results on April 25March 31, 2024 | finance.yahoo.comHere's Why We're Wary Of Buying Horizon Bancorp's (NASDAQ:HBNC) For Its Upcoming DividendApril 18, 2024 | Paradigm Press (Ad)AI “wealth window” is closing soon!Today, I’m making my boldest prediction ever. Next-generation AI technology will create the first $100 TRILLION industry.March 26, 2024 | bizjournals.comFirst Horizon Foundation launches 'Grants for Good' campaignMarch 14, 2024 | markets.businessinsider.comKBW Sticks to Their Hold Rating for Horizon Bancorp (HBNC)February 20, 2024 | markets.businessinsider.comHorizon Bank Appoints David Pendley President of Mortgage BankingFebruary 20, 2024 | finance.yahoo.comHorizon Bank Appoints David Pendley President of Mortgage BankingFebruary 20, 2024 | globenewswire.comHorizon Bank Appoints David Pendley President of Mortgage BankingFebruary 10, 2024 | wsj.comHorizon Bancorp Inc.February 4, 2024 | msn.comBeyond the Horizon: Crafting a Resilient Financial Future in Uncertain TimesJanuary 31, 2024 | seekingalpha.comHorizon Bancorp: All In All, A Positive Q4 2023January 28, 2024 | finance.yahoo.comHorizon Bancorp, Inc. (NASDAQ:HBNC) Q4 2023 Earnings Call TranscriptJanuary 26, 2024 | finance.yahoo.comHorizon Bancorp Full Year 2023 Earnings: Misses ExpectationsJanuary 25, 2024 | seekingalpha.comHorizon Bancorp, Inc. 2023 Q4 - Results - Earnings Call PresentationJanuary 25, 2024 | finance.yahoo.comCompared to Estimates, Horizon Bancorp (HBNC) Q4 Earnings: A Look at Key MetricsJanuary 24, 2024 | benzinga.comHorizon Bancorp: Q4 Earnings InsightsJanuary 24, 2024 | finance.yahoo.comHorizon Bancorp (IN) (HBNC) Reports Q4 and Full Year 2023 Results Amidst Strategic Balance ...January 23, 2024 | finance.yahoo.comCountdown to Horizon Bancorp (HBNC) Q4 Earnings: Wall Street Forecasts for Key MetricsJanuary 18, 2024 | bizjournals.comFirst Horizon touts 'strong' finish to fiscal year 2023 in Q4 earnings, full-year recapJanuary 4, 2024 | finance.yahoo.comShareholders in Horizon Bancorp (NASDAQ:HBNC) are in the red if they invested three years agoJanuary 2, 2024 | finance.yahoo.comUnited Community Banks (UCBI) to Incur Additional Charges in Q4See More Headlines Receive HBNC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Horizon Bancorp and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 1/19 Dividend1/04/2024Dividend Payable1/19/2024Last Earnings1/24/2024Ex-Dividend for 4/19 Dividend4/04/2024Today4/18/2024Dividend Payable4/19/2024Next Earnings (Confirmed)4/24/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorFinance Industry State commercial banks Sub-IndustryRegional Banks Current SymbolNASDAQ:HBNC CUSIP44040710 CIK706129 Webwww.horizonbank.com Phone(219) 879-0211Fax219-874-9305Employees818Year Founded1873Price Target and Rating Average Stock Price Target$13.00 High Stock Price Target$14.00 Low Stock Price Target$12.00 Potential Upside/Downside+15.1%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$0.64 Trailing P/E Ratio17.64 Forward P/E Ratio8.49 P/E GrowthN/ANet Income$27.98 million Net Margins8.63% Pretax Margin12.02% Return on Equity9.42% Return on Assets0.84% Debt Debt-to-Equity Ratio0.16 Current Ratio0.70 Quick Ratio0.70 Sales & Book Value Annual Sales$324.30 million Price / Sales1.54 Cash Flow$1.99 per share Price / Cash Flow5.68 Book Value$16.29 per share Price / Book0.69Miscellaneous Outstanding Shares44,110,000Free Float42,880,000Market Cap$498.00 million OptionableOptionable Beta1.02 Social Links 7 Stocks to Buy And Hold ForeverClick the link below and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising. Get This Free Report Key ExecutivesMr. Thomas M. Prame (Age 54)CEO, President & Director Comp: $810.08kMs. Kathie A. DeRuiter (Age 62)Executive VP & Senior Operations Officer Comp: $444.27kMr. Todd A. Etzler (Age 57)Executive VP, Chief Legal and Risk Officer & Corporate Secretary Comp: $351.66kMs. Lynn M. Kerber (Age 55)Executive VP & Chief Commercial Banking Officer Comp: $463.99kAmy PharesPublic Relations ManagerMr. Dennis J. Kuhn (Age 64)Regional President for Southwest Michigan Comp: $418.1kMore ExecutivesKey CompetitorsCentral Pacific FinancialNYSE:CPFHeritage CommerceNASDAQ:HTBKUnivest FinancialNASDAQ:UVSPMercantile BankNASDAQ:MBWMFarmers National BancNASDAQ:FMNBView All CompetitorsInsiders & InstitutionsIndiana Trust & Investment Management COSold 1,200 shares on 4/16/2024Ownership: 0.176%Capital Asset Advisory Services LLCBought 4,943 shares on 4/16/2024Ownership: 0.035%Vanguard Group Inc.Bought 55,681 shares on 3/11/2024Ownership: 5.077%GSA Capital Partners LLPSold 12,008 shares on 2/16/2024Ownership: 0.030%Price T Rowe Associates Inc. MDBought 10,598 shares on 2/16/2024Ownership: 0.024%View All Insider TransactionsView All Institutional Transactions HBNC Stock Analysis - Frequently Asked Questions Should I buy or sell Horizon Bancorp stock right now? 3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Horizon Bancorp in the last year. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" HBNC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in HBNC, but not buy additional shares or sell existing shares. View HBNC analyst ratings or view top-rated stocks. What is Horizon Bancorp's stock price target for 2024? 3 analysts have issued 12 month target prices for Horizon Bancorp's stock. Their HBNC share price targets range from $12.00 to $14.00. On average, they anticipate the company's stock price to reach $13.00 in the next twelve months. This suggests a possible upside of 15.1% from the stock's current price. View analysts price targets for HBNC or view top-rated stocks among Wall Street analysts. How have HBNC shares performed in 2024? Horizon Bancorp's stock was trading at $14.31 at the beginning of the year. Since then, HBNC shares have decreased by 21.1% and is now trading at $11.29. View the best growth stocks for 2024 here. Are investors shorting Horizon Bancorp? Horizon Bancorp saw a decline in short interest during the month of March. As of March 31st, there was short interest totaling 726,900 shares, a decline of 7.8% from the March 15th total of 788,100 shares. Based on an average daily volume of 161,500 shares, the days-to-cover ratio is presently 4.5 days. Currently, 1.7% of the shares of the company are short sold. View Horizon Bancorp's Short Interest. When is Horizon Bancorp's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 24th 2024. View our HBNC earnings forecast. How can I listen to Horizon Bancorp's earnings call? Horizon Bancorp will be holding an earnings conference call on Thursday, April 25th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-0088 with passcode "4319315". How were Horizon Bancorp's earnings last quarter? Horizon Bancorp, Inc. (NASDAQ:HBNC) announced its quarterly earnings data on Wednesday, January, 24th. The financial services provider reported $0.33 EPS for the quarter, topping the consensus estimate of $0.29 by $0.04. The financial services provider earned $21.81 million during the quarter, compared to analyst estimates of $51.50 million. Horizon Bancorp had a trailing twelve-month return on equity of 9.42% and a net margin of 8.63%. How often does Horizon Bancorp pay dividends? What is the dividend yield for Horizon Bancorp? Horizon Bancorp declared a quarterly dividend on Tuesday, March 19th. Investors of record on Friday, April 5th will be given a dividend of $0.16 per share on Friday, April 19th. This represents a $0.64 annualized dividend and a yield of 5.67%. The ex-dividend date is Thursday, April 4th. Read our dividend analysis for HBNC. Is Horizon Bancorp a good dividend stock? Horizon Bancorp (NASDAQ:HBNC) pays an annual dividend of $0.64 per share and currently has a dividend yield of 5.61%. HBNC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 100.00%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, HBNC will have a dividend payout ratio of 42.11% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for HBNC. What ETF holds Horizon Bancorp's stock? RiverFront Dynamic US Dividend Advantage ETF holds 49,719 shares of HBNC stock, representing 0.76% of its portfolio. When did Horizon Bancorp's stock split? Shares of Horizon Bancorp split on the morning of Monday, June 18th 2018. The 3-2 split was announced on Wednesday, May 16th 2018. The newly issued shares were issued to shareholders after the closing bell on Friday, June 15th 2018. An investor that had 100 shares of stock prior to the split would have 150 shares after the split. What is Craig M. Dwight's approval rating as Horizon Bancorp's CEO? 23 employees have rated Horizon Bancorp Chief Executive Officer Craig M. Dwight on Glassdoor.com. Craig M. Dwight has an approval rating of 86% among the company's employees. 76.0% of employees surveyed would recommend working at Horizon Bancorp to a friend. What other stocks do shareholders of Horizon Bancorp own? Based on aggregate information from My MarketBeat watchlists, some companies that other Horizon Bancorp investors own include Altria Group (MO), AT&T (T), AllianceBernstein (AB), ONEOK (OKE), AbbVie (ABBV), Enbridge (ENB), Enterprise Products Partners (EPD), Energy Transfer (ET), Huntington Bancshares (HBAN) and International Paper (IP). Who are Horizon Bancorp's major shareholders? Horizon Bancorp's stock is owned by a number of retail and institutional investors. Top institutional investors include Indiana Trust & Investment Management CO (0.18%) and Capital Asset Advisory Services LLC (0.04%). Insiders that own company stock include Craig M Dwight, James D Neff, Kathie A Deruiter, Susan D Aaron and Todd A Etzler. View institutional ownership trends. How do I buy shares of Horizon Bancorp? Shares of HBNC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:HBNC) was last updated on 4/18/2024 by MarketBeat.com Staff From Our Partners[Urgent!] Generational Wealth GameplanCrypto 101 MediaHe Is Giving Away BitcoinCrypto Swap ProfitsUrgent alert: open this for a huge profit potentialTimothy SykesTop 5 AI Stocks to Buy for 2024Market Moving TrendsTop 5 Tech Stocks to Buy for 2024Daily Market AlertsBiden out June 13; Kamala won’t replace him?Paradigm PressOptions trading has suddenly become more reliable.Eagle PublishingThe Greatest Bull Market in Crypto History…Weiss Ratings Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Horizon Bancorp, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.