Huntington Bancshares (HBAN) to Release Earnings on Friday

Huntington Bancshares (NASDAQ:HBAN - Get Free Report) will likely be posting its Q2 2025 quarterly earnings results before the market opens on Friday, July 18th. Analysts expect Huntington Bancshares to post earnings of $0.35 per share and revenue of $1.97 billion for the quarter.

Huntington Bancshares (NASDAQ:HBAN - Get Free Report) last posted its quarterly earnings data on Thursday, April 17th. The bank reported $0.34 EPS for the quarter, beating analysts' consensus estimates of $0.31 by $0.03. Huntington Bancshares had a net margin of 16.94% and a return on equity of 11.44%. The company had revenue of $1.94 billion for the quarter, compared to analyst estimates of $1.89 billion. During the same period in the prior year, the firm posted $0.27 EPS. On average, analysts expect Huntington Bancshares to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Huntington Bancshares Trading Down 1.0%

Shares of HBAN traded down $0.17 during trading hours on Friday, hitting $17.39. 19,466,724 shares of the stock were exchanged, compared to its average volume of 18,985,327. Huntington Bancshares has a fifty-two week low of $11.92 and a fifty-two week high of $18.45. The business has a 50-day moving average of $16.10 and a 200-day moving average of $15.71. The firm has a market capitalization of $25.40 billion, a P/E ratio of 13.27, a price-to-earnings-growth ratio of 1.32 and a beta of 0.93. The company has a debt-to-equity ratio of 0.98, a current ratio of 0.90 and a quick ratio of 0.89.

Huntington Bancshares Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, July 1st. Shareholders of record on Tuesday, June 17th were given a dividend of $0.155 per share. The ex-dividend date of this dividend was Tuesday, June 17th. This represents a $0.62 dividend on an annualized basis and a yield of 3.57%. Huntington Bancshares's dividend payout ratio (DPR) is currently 47.33%.

Huntington Bancshares declared that its Board of Directors has initiated a share repurchase plan on Thursday, April 17th that allows the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization allows the bank to purchase up to 5% of its shares through open market purchases. Shares repurchase plans are generally a sign that the company's board of directors believes its shares are undervalued.

Analyst Ratings Changes

Several research firms recently commented on HBAN. Raymond James Financial reaffirmed a "strong-buy" rating and set a $21.00 target price (up previously from $18.00) on shares of Huntington Bancshares in a research note on Tuesday, July 8th. Citigroup raised their price objective on shares of Huntington Bancshares from $19.00 to $20.00 and gave the stock a "buy" rating in a research report on Wednesday, July 2nd. Stephens reiterated an "equal weight" rating and set a $16.50 target price on shares of Huntington Bancshares in a research report on Monday, April 21st. Argus set a $17.00 price target on shares of Huntington Bancshares in a report on Friday, April 25th. Finally, Wall Street Zen downgraded shares of Huntington Bancshares from a "hold" rating to a "sell" rating in a research note on Sunday. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating, seventeen have issued a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat, Huntington Bancshares currently has an average rating of "Moderate Buy" and an average price target of $18.48.

Insiders Place Their Bets

In related news, insider Kendall A. Kowalski sold 25,419 shares of the business's stock in a transaction dated Tuesday, April 22nd. The shares were sold at an average price of $13.68, for a total value of $347,731.92. Following the transaction, the insider directly owned 70,281 shares of the company's stock, valued at approximately $961,444.08. The trade was a 26.56% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Helga Houston sold 42,345 shares of the business's stock in a transaction dated Thursday, May 1st. The shares were sold at an average price of $14.72, for a total transaction of $623,318.40. Following the completion of the transaction, the insider owned 592,119 shares in the company, valued at approximately $8,715,991.68. The trade was a 6.67% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 214,375 shares of company stock valued at $3,049,277. 0.89% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Huntington Bancshares

A hedge fund recently raised its stake in Huntington Bancshares stock. Empowered Funds LLC increased its holdings in Huntington Bancshares Incorporated (NASDAQ:HBAN - Free Report) by 5.0% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 28,888 shares of the bank's stock after buying an additional 1,366 shares during the period. Empowered Funds LLC's holdings in Huntington Bancshares were worth $434,000 as of its most recent SEC filing. Institutional investors and hedge funds own 80.72% of the company's stock.

Huntington Bancshares Company Profile

Huntington Bancshares Incorporated operates as the bank holding company for The Huntington National Bank that provides commercial, consumer, and mortgage banking services in the United States. The company offers financial products and services to consumer and business customers, including deposits, lending, payments, mortgage banking, dealer financing, investment management, trust, brokerage, insurance, and other financial products and services.