Huntington Bancshares (NASDAQ:HBAN) Updates FY 2027 Earnings Guidance

Key Points

• FY 2027 EPS guidance: Huntington updated its FY2027 earnings-per-share guidance to 1.900–1.930, which is essentially in line with the consensus estimate of 1.900, and did not provide revenue guidance.
• Q1 results topped estimates: The bank reported quarterly EPS of $0.37 versus a $0.16 consensus and revenue of $2.59B (vs. $2.57B), helped by higher net interest income and fee income.
• Dividend and analyst view: Huntington declared a quarterly dividend of $0.155 (annualized $0.62, ~3.7% yield, 44.6% payout ratio), and the stock carries a consensus "Moderate Buy" rating with a $20.18 price target.

Huntington Bancshares (NASDAQ:HBAN - Get Free Report) updated its FY 2027 earnings guidance on Friday. The company provided earnings per share guidance of 1.900-1.930 for the period, compared to the consensus earnings per share estimate of 1.900. The company issued revenue guidance of -.

Huntington Bancshares Stock Performance

Shares of NASDAQ:HBAN opened at $16.83 on Friday. The company has a market capitalization of $34.28 billion, a price-to-earnings ratio of 12.11, a price-to-earnings-growth ratio of 0.72 and a beta of 0.95. Huntington Bancshares has a 52 week low of $14.09 and a 52 week high of $19.45. The company has a quick ratio of 0.92, a current ratio of 0.93 and a debt-to-equity ratio of 0.80. The firm has a 50 day moving average of $16.33 and a 200 day moving average of $16.72.

Huntington Bancshares (NASDAQ:HBAN - Get Free Report) last issued its quarterly earnings data on Thursday, April 23rd. The bank reported $0.37 EPS for the quarter, topping analysts' consensus estimates of $0.16 by $0.21. The company had revenue of $2.59 billion during the quarter, compared to the consensus estimate of $2.57 billion. Huntington Bancshares had a net margin of 17.71% and a return on equity of 11.98%. During the same quarter in the previous year, the firm posted $0.34 earnings per share. On average, sell-side analysts predict that Huntington Bancshares will post 1.61 earnings per share for the current fiscal year.

Huntington Bancshares Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 1st. Investors of record on Wednesday, June 17th will be paid a $0.155 dividend. The ex-dividend date of this dividend is Wednesday, June 17th. This represents a $0.62 dividend on an annualized basis and a yield of 3.7%. Huntington Bancshares's payout ratio is 44.60%.

Analyst Ratings Changes

HBAN has been the subject of a number of recent research reports. Raymond James Financial boosted their price objective on shares of Huntington Bancshares from $20.00 to $21.00 and gave the stock a "strong-buy" rating in a research note on Friday, January 23rd. Piper Sandler raised Huntington Bancshares from an "underweight" rating to a "neutral" rating and set a $18.00 price target on the stock in a research report on Thursday. Royal Bank Of Canada reduced their price target on Huntington Bancshares from $21.00 to $20.00 and set an "outperform" rating on the stock in a research report on Tuesday, April 7th. JPMorgan Chase & Co. reduced their price target on Huntington Bancshares from $21.00 to $19.00 and set an "overweight" rating on the stock in a research report on Tuesday, April 7th. Finally, DA Davidson reduced their price target on Huntington Bancshares from $21.00 to $20.00 and set a "buy" rating on the stock in a research report on Monday, March 16th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $20.18.

Insider Transactions at Huntington Bancshares

In related news, VP Brendan A. Lawlor sold 17,455 shares of the company's stock in a transaction on Tuesday, February 10th. The stock was sold at an average price of $18.93, for a total value of $330,423.15. Following the transaction, the vice president directly owned 42,398 shares of the company's stock, valued at $802,594.14. This represents a 29.16% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Prashant Nateri sold 10,171 shares of the company's stock in a transaction on Thursday, March 12th. The shares were sold at an average price of $15.50, for a total value of $157,650.50. Following the completion of the transaction, the insider directly owned 83,819 shares in the company, valued at approximately $1,299,194.50. The trade was a 10.82% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders acquired 27,700 shares of company stock worth $540,401 and sold 98,986 shares worth $1,600,958. Insiders own 0.67% of the company's stock.

Trending Headlines about Huntington Bancshares

Here are the key news stories impacting Huntington Bancshares this week:

• Positive Sentiment: Q1 results topped expectations: Huntington reported adjusted EPS in line with the company’s guidance and above consensus, driven by higher net interest income (NII) and fee income; management posted revenue of $2.59B and provided slides/call. Read More.
• Positive Sentiment: Board maintains quarterly common and preferred dividends, signaling capital confidence and supporting income-focused investors. Read More.
• Positive Sentiment: Piper Sandler upgraded Huntington to Neutral, citing an improving fundamental picture — a modest vote of confidence from the sell-side that may stabilize sentiment. Read More.
• Neutral Sentiment: Management materials and the earnings presentation are now available for deeper review — useful for investors who want line-item detail on NII drivers, fee income and credit trends. Read More.
• Negative Sentiment: Analyst friction: Barclays downgraded HBAN to "strong sell," creating downward pressure from at least one major shop and adding to mixed sell-side signals. Read More.
• Negative Sentiment: Price target cut: JPMorgan trimmed its PT (from $21 to $19) even while keeping an Overweight rating, which may cap upside and reflect more conservative near-term assumptions. Read More.
• Negative Sentiment: Credit and expense headwinds flagged: coverage noted rising expenses, higher provisions and weakening credit quality in the quarter — items investors should watch for potential margin and ROE pressure. Read More.

Hedge Funds Weigh In On Huntington Bancshares

Hedge funds have recently made changes to their positions in the company. Van ECK Associates Corp acquired a new position in shares of Huntington Bancshares in the 4th quarter valued at $203,000. Brown Brothers Harriman & Co. increased its position in shares of Huntington Bancshares by 68.8% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 11,650 shares of the bank's stock valued at $201,000 after acquiring an additional 4,750 shares during the period. State of Wyoming boosted its holdings in Huntington Bancshares by 38.0% in the fourth quarter. State of Wyoming now owns 11,174 shares of the bank's stock valued at $194,000 after purchasing an additional 3,077 shares during the last quarter. UMB Bank n.a. boosted its holdings in Huntington Bancshares by 23.4% in the fourth quarter. UMB Bank n.a. now owns 7,631 shares of the bank's stock valued at $132,000 after purchasing an additional 1,448 shares during the last quarter. Finally, Summit Securities Group LLC boosted its holdings in Huntington Bancshares by 170.3% in the fourth quarter. Summit Securities Group LLC now owns 6,834 shares of the bank's stock valued at $119,000 after purchasing an additional 4,306 shares during the last quarter. 80.72% of the stock is owned by institutional investors and hedge funds.

About Huntington Bancshares

Huntington Bancshares Incorporated NASDAQ: HBAN is a bank holding company headquartered in Columbus, Ohio, that provides a broad range of banking and financial services through its principal subsidiary, Huntington National Bank. The company's operations are centered on retail and commercial banking, and it serves individual consumers, small and middle-market businesses, and institutional customers.

Huntington's product offerings include traditional deposit and lending products, consumer and commercial loans, mortgage origination and servicing, auto financing, and business banking solutions.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.