Should I buy or sell Huntington Bancshares stock right now?

14 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Huntington Bancshares in the last year. There are currently 1 sell rating, 8 hold ratings, 4 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" HBAN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in HBAN, but not buy additional shares or sell existing shares. View HBAN analyst ratings or view top-rated stocks .

What is Huntington Bancshares' stock price target for 2024?

14 brokers have issued 12-month target prices for Huntington Bancshares' stock. Their HBAN share price targets range from $10.00 to $14.00. On average, they anticipate the company's share price to reach $12.30 in the next twelve months. This suggests a possible upside of 9.2% from the stock's current price. View analysts price targets for HBAN or view top-rated stocks among Wall Street analysts .

How have HBAN shares performed in 2023?

Huntington Bancshares' stock was trading at $14.10 at the beginning of 2023. Since then, HBAN stock has decreased by 20.1% and is now trading at $11.26. View the best growth stocks for 2023 here .

Are investors shorting Huntington Bancshares?

Huntington Bancshares saw a decrease in short interest in November. As of November 15th, there was short interest totaling 29,460,000 shares, a decrease of 12.9% from the October 31st total of 33,830,000 shares. Based on an average trading volume of 13,910,000 shares, the short-interest ratio is currently 2.1 days. View Huntington Bancshares' Short Interest .

When is Huntington Bancshares' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, January 19th 2024. View our HBAN earnings forecast .

How were Huntington Bancshares' earnings last quarter?

Huntington Bancshares Incorporated (NASDAQ:HBAN) posted its earnings results on Friday, October, 20th. The bank reported $0.36 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.32 by $0.04. The bank earned $2.82 billion during the quarter, compared to the consensus estimate of $1.82 billion. Huntington Bancshares had a net margin of 22.55% and a trailing twelve-month return on equity of 14.71%. During the same quarter last year, the business earned $0.39 EPS. Read the conference call transcript .

How often does Huntington Bancshares pay dividends? What is the dividend yield for Huntington Bancshares?

Huntington Bancshares declared a quarterly dividend on Wednesday, October 18th. Investors of record on Monday, December 18th will be given a dividend of $0.155 per share on Tuesday, January 2nd. This represents a $0.62 dividend on an annualized basis and a yield of 5.51%. The ex-dividend date is Friday, December 15th. Read our dividend analysis for HBAN .

Is Huntington Bancshares a good dividend stock?

Huntington Bancshares (NASDAQ:HBAN) pays an annual dividend of $0.62 per share and currently has a dividend yield of 5.68%. HBAN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 41.06%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HBAN will have a dividend payout ratio of 50.82% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for HBAN .

What ETFs hold Huntington Bancshares' stock?

ETFs with the largest weight of Huntington Bancshares (NASDAQ:HBAN) stock in their portfolio include Northern Lights Fund Trust IV - Long Cramer Tracker ETF (LJIM) , iShares U.S. Regional Banks ETF (IAT) , Invesco KBW Bank ETF (KBWB) , First Trust Nasdaq Bank ETF (FTXO) , Proshares Equities For Rising Rates ETF (EQRR) , First Trust NASDAQ Rising Dividend Achievers (RDVY) , FT Cboe Vest Rising Dividend Achievers Target Income ETF (RDVI) and Invesco High Yield Equity Dividend Achievers ETF (PEY) .

What is Steve Steinour's approval rating as Huntington Bancshares' CEO?

1,027 employees have rated Huntington Bancshares Chief Executive Officer Steve Steinour on Glassdoor.com . Steve Steinour has an approval rating of 88% among the company's employees. 69.0% of employees surveyed would recommend working at Huntington Bancshares to a friend.

What other stocks do shareholders of Huntington Bancshares own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Huntington Bancshares investors own include General Electric (GE) , Bank of America (BAC) , AT&T (T) , Ford Motor (F) , KeyCorp (KEY) , Wells Fargo & Company (WFC) , JPMorgan Chase & Co. (JPM) , AbbVie (ABBV) , Energy Transfer (ET) and Verizon Communications (VZ) .

Who are Huntington Bancshares' major shareholders?

Huntington Bancshares' stock is owned by a number of institutional and retail investors. Top institutional shareholders include Invesco Ltd. (3.23%), Charles Schwab Investment Management Inc. (3.16%), Boston Partners (2.02%), Federated Hermes Inc. (2.00%), FMR LLC (1.82%) and Victory Capital Management Inc. (1.24%). Insiders that own company stock include David L Porteous , Donald Lee Dennis , Gary Torgow , Helga Houston , Jana J Litsey , Julie C Tutkovics , Kenneth J Phelan , Michael Scott Jones , Paul G Heller , Rafael Diaz-Granados, Rajeev Syal , Richard A Pohle , Richard H King , Sandra E Pierce, Sandra E Pierce , Scott D Kleinman , Stephen D Steinour , Steven Lee Rhodes and Zachary Jacob Wasserman . View institutional ownership trends .

How do I buy shares of Huntington Bancshares?

Shares of HBAN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here .

Does Huntington Bancshares have any subsidiaries?

The following companies are subsidiares of Huntington Bancshares: 41 South High Ltd., 7575 Corporation, 791 801 AND 803 W. Big Beaver Road LLC, AFL-HBAN Solar Trust, AM-HBAN Solar Trust, CASCADE Holdings LLC, CE Capital LLC, CFC-HBAN Solar Trust, CHEMBACO LLC, CREPD LLC, Camco Financial, Capstone Partners, Community Bank Insurance Agency Inc., FMRC Inc., First Merit Bank, FirstMerit Advisors Inc., FirstMerit Community Development Corporation, FirstMerit Securities Inc., FirstMerit Title Agency LTD., Forty-One Corporation, Fourteen Corporation, GC1-HBAN Solar Trust, Gateway One Lending & Finance LLC, HBI Payments Holdings Inc., HBI Specialty Insurance Inc., HBI Title Services Inc., HCFFL LLC, HLFB Inc., HMFAL II LLC, HMFAL LLC, HNB I LLC, HPAL Holdings LLC, HPAL II LLC, HPAL LLC, HPCDS Inc., HPCF Corporation, HPCKAL LLC, HPCLI Inc., HREIC Holdings LLC, Haberer Registered Investment Advisor Inc., Henry Acquisitions Inc., Huntington Bancshares Financial Corporation, Huntington Capital Financing Holdings I Inc., Huntington Capital Financing Holdings II Inc., Huntington Capital Financing OREO Inc., Huntington Capital I, Huntington Capital II, Huntington Captive Insurance Company, Huntington Equipment Finance Inc., Huntington Equity Investments LLC, Huntington Finance LLC, Huntington Funding LLC, Huntington Insurance Inc., Huntington LT, Huntington Merchant Services LLC, Huntington Mezzanine Opportunities Inc., Huntington Municipal Fund II Inc., Huntington Municipal Fund Inc., Huntington Municipal Securities Inc., Huntington New Markets CDE LLC, Huntington Preferred Capital II Inc., Huntington Preferred Capital Inc. *, Huntington Public Capital Corporation, Huntington Renewable Energy Investments LLC, Huntington Residential Mortgage Securities Inc., Huntington Securities Inc., Huntington Technology Finance Inc., Huntington West Inc., Hutchinson Shockey Erley & Co., J.G. Weisser Sohne GmbH & Co. KG, J.G. Weisser Sohne GmbH & Co. KG., Macquarie Equipment Finance, Metropolitan Savings Service Corporation, Midwest Funding LLC, Mobile Consultants Inc., Prospect Trust I, Rate Risk Management Advisors LLC, Red Iron Acceptance LLC, Red Mountain LLC, STB Auto Exchange LLC, Sky Capital LLC, Sky Financial Capital Trust III, Sky Financial Capital Trust IV, Sky Financial Group, TCF Agency Insurance Services Inc., TCF Auto Receivables LLC, TCF Bank International Inc., TCF Commercial Finance Australia Pty Ltd, TCF Commercial Finance Canada Inc., TCF Commercial Finance LLC, TCF Commercial Finance New Zealand Limited, TCF Financial, TCF Foundation, TCF Illinois Realty Investments LLC, TCF International Operations Inc., TCF Inventory Finance Inc., TCF Investments Management Inc., TCF Management Corporation, TCF Servicing Company LLC, TCF Trust, TCFIF Joint Venture I LLC, TVPX 2019 MSN 6800199 Business Trust, TVPX 9095 Business Trust, The Derlam Company, The Huntington Capital Investment Company, The Huntington Capital Investment Company II, The Huntington Community Development Corporation, The Huntington Investment Company, The Huntington Kentucky LLC, The Huntington Leasing Company, The Huntington National Bank, The Huntington Real Estate Investment Company, The Huntington Real Estate Investment Company II, Thirty-Seven Corporation, Torana, Tower Hill Securities Inc., Troy BNK Investors LLC, Unizan Capital LLC, and Winthrop Resources Holdings I LLC. Read More

Huntington Bancshares Stock Price, News & Analysis (NASDAQ:HBAN)

$11.26

+0.13 (+1.17%)

(As of 11/30/2023 ET)

Compare

Today's Range: $11.10
▼
$11.36
50-Day Range: $9.44
▼
$11.26
52-Week Range: $9.13
▼
$15.74

Volume: 20.17 million shs
Average Volume: 15.78 million shs
Market Capitalization: $16.31 billion

P/E Ratio: 7.46
Dividend Yield: 5.51%
Price Target: $12.30

Huntington Bancshares MarketRank™ Stock Analysis

Analyst Rating: Hold
2.36 Rating Score
Upside/Downside: 9.2% Upside
$12.30 Price Target
Short Interest: Healthy
2.03% of Shares Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: -0.43
Upright™ Environmental Score
News Sentiment: 0.96
Based on 3 Articles This Week
Insider Trading: Selling Shares
$75,146 Sold Last Quarter
Proj. Earnings Growth: -10.95%
From $1.37 to $1.22 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.57 out of 5 stars

Finance Sector

215th out of 857 stocks

National Commercial Banks Industry

31st out of 82 stocks

2.2

Analyst's Opinion

Consensus Rating
Huntington Bancshares has received a consensus rating of Hold. The company's average rating score is 2.36, and is based on 4 buy ratings, 8 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $12.30, Huntington Bancshares has a forecasted upside of 9.2% from its current price of $11.26.
Amount of Analyst Coverage
Huntington Bancshares has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

5.0

Short Interest

Percentage of Shares Shorted
2.03% of the outstanding shares of Huntington Bancshares have been sold short.
Short Interest Ratio / Days to Cover
Huntington Bancshares has a short interest ratio ("days to cover") of 2.1, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Huntington Bancshares has recently decreased by 12.92%, indicating that investor sentiment is improving significantly.

3.3

Dividend Strength

Dividend Leadership
Huntington Bancshares is a leading dividend payer. It pays a dividend yield of 5.68%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Huntington Bancshares does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Huntington Bancshares is 41.06%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Huntington Bancshares will have a dividend payout ratio of 50.82% next year. This indicates that Huntington Bancshares will be able to sustain or increase its dividend.

3.6

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Huntington Bancshares has received a 45.20% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Home insurance services for individuals", "Wire transfer services", "Home equity loans", "Mortgages provided by brick and mortar banks", "Debit cards", and "Consumer savings accounts provided by brick and mortar banks" products. See details.
Environmental Sustainability
The Environmental Impact score for Huntington Bancshares is -0.43.

2.2

News and Social Media Coverage

News Sentiment
Huntington Bancshares has a news sentiment score of 0.96. 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 0.64 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for Huntington Bancshares this week, compared to 6 articles on an average week.
Search Interest
Only 36 people have searched for HBAN on MarketBeat in the last 30 days. This is a decrease of -23% compared to the previous 30 days.
MarketBeat Follows
Only 5 people have added Huntington Bancshares to their MarketBeat watchlist in the last 30 days. This is a decrease of -44% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Huntington Bancshares insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $75,146.00 in company stock.
Percentage Held by Insiders
Only 0.89% of the stock of Huntington Bancshares is held by insiders.
Percentage Held by Institutions
78.68% of the stock of Huntington Bancshares is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3

Earnings and Valuation

Earnings Growth
Earnings for Huntington Bancshares are expected to decrease by -10.95% in the coming year, from $1.37 to $1.22 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Huntington Bancshares is 7.46, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 112.98.
Price to Earnings Ratio vs. Sector
The P/E ratio of Huntington Bancshares is 7.46, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 45.83.
Price to Earnings Growth Ratio
Huntington Bancshares has a PEG Ratio of 6.06. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Huntington Bancshares has a P/B Ratio of 1.02. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Huntington Bancshares Stock (NASDAQ:HBAN)

Huntington Bancshares Incorporated is a regional bank holding company based in Columbus, Ohio, United States. Founded in 1866, the company provides full-service commercial and consumer banking services, including deposit accounts, loans, mortgages, credit cards, wealth management, and insurance services. The company operates over 900 branches across Ohio, Illinois, Indiana, Kentucky, Michigan, Pennsylvania, and West Virginia.

The company's leadership team is led by Chairman, President, and Chief Executive Officer Stephen D. Steinour. Steinour has been with Huntington Bancshares since 2009 and has led the company through significant growth, including acquiring FirstMerit Corporation in 2016, which expanded the company's presence in the Midwest. Other key leadership team members include Zachary J. Wasserman, Chief Financial Officer, and Helga Houston, Chief Risk Officer.

Since 2020, Huntington Bancshares has seen unsteady growth in its key financial metrics. The company reports increased revenue and increased profits. The company's profit margin has remained steady at around 25% over the past few years. The company's debt levels have remained manageable, with a debt-to-equity on par with industry peers. The company's ownership structure has also remained stable. The largest institutional shareholder, Vanguard Group, Inc. Huntington Bancshares, trades at a price-to-earnings ratio below the industry average. The company's price-to-book ratio is slightly below the industry average as well. These metrics suggest that the company may be undervalued relative to its peers in the banking industry.

Regarding market performance, Huntington Bancshares has performed well in recent years. The company's stock price has steadily risen over the past three years recovering from a collapse in the stock price in Q1 of 2020. The company's trading volume has also remained steady, with an average daily volume of around 7 million shares.

The banking industry is highly regulated, and regulatory changes can significantly impact the industry. In recent years, there have been several regulatory changes that have affected the banking industry, including changes to the Dodd-Frank Act and the Consumer Financial Protection Bureau. These changes have increased compliance costs for banks and have placed additional regulatory burdens on the industry.

Huntington Bancshares faces competition from other regional and national banks, as well as from non-bank financial institutions. In particular, the rise of fintech companies has disrupted the traditional banking industry, with many consumers turning to digital banking solutions. Huntington Bancshares has responded to this trend by investing in its digital banking capabilities, including the launch of its digital-only bank, Huntington Digital Bank, in 2020.

Looking ahead, Huntington Bancshares has several growth opportunities. The company has continued to expand its presence in the Midwest through acquisitions and organic growth. It has also invested in its digital banking capabilities to meet changing consumer preferences. The company has also focused on expanding its wealth management and insurance services to provide additional sources of revenue. Additionally, the company has identified several markets where it believes it can expand its commercial and consumer banking services.

Despite these growth opportunities, Huntington Bancshares also faces several risks and challenges. Changes in consumer preferences and technology could disrupt the traditional banking industry, and regulatory changes could increase compliance costs and place additional regulatory burdens on the industry. Additionally, increased competition from fintech companies and non-bank financial institutions could impact the company's market share and revenue growth.

HBAN Stock Price History

30 days | 90 days | 365 days | Advanced Chart

HBAN Stock News Headlines

November 25, 2023 | americanbankingnews.com

Analysts Set Huntington Bancshares Incorporated (NASDAQ:HBAN) Target Price at $12.30

November 22, 2023 | finance.yahoo.com

Huntington's (HBAN) Balance Sheet Strength Aids Amid Cost Woes

December 1, 2023 | Tomorrow Investor (Ad)

Why Microsoft Just Placed A Huge Bet On Nuclear

Even with aggressive expansion and acquisition of solar and wind farms, renewable energy isn’t anywhere close to providing the energy that Microsoft demands.

October 31, 2023 | msn.com

Huntington Bank to close Douglas Avenue branch in early 2024

October 30, 2023 | gurufocus.com

The Huntington Bancshares Inc (HBAN) Company: A Short SWOT Analysis

October 27, 2023 | finance.yahoo.com

HBAN Oct 2023 9.000 put

October 25, 2023 | finance.yahoo.com

Huntington Bancshares Incorporated to Present at the BancAnalysts Association of Boston Conference

October 25, 2023 | bizjournals.com

Huntington to close 3% of branches in early 2024, mainly in TCF footprint

December 1, 2023 | DTI Trader (Ad)

New CBOE “special perk” helps traders target income every weekend

You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.

October 25, 2023 | bizjournals.com

Huntington investing in tech, committed to staying 'anchor' in Northland

October 24, 2023 | finance.yahoo.com

Huntington Bank Names Donnell White Chief Diversity, Equity and Inclusion Officer

October 23, 2023 | msn.com

Huntington Bancshares: Evaluating Its Available Preferred Stocks

October 23, 2023 | finance.yahoo.com

Huntington Bancshares Incorporated (NASDAQ:HBAN) Q3 2023 Earnings Call Transcript

October 20, 2023 | morningstar.com

Huntington Earnings: Net Interest Income Outlook Steady, Expenses Creeping Up

October 20, 2023 | seekingalpha.com

Huntington Bancshares: Q3 Results Show The Bank Is Best In Breed

October 20, 2023 | seekingalpha.com

Huntington Bancshares: The Pain Continues

October 20, 2023 | seekingalpha.com

Huntington Bancshares Incorporated 2023 Q3 - Results - Earnings Call Presentation

October 20, 2023 | markets.businessinsider.com

Huntington Bancshares Inc. Q3 Profit Drops, but beats estimates

October 20, 2023 | finance.yahoo.com

Huntington Bancshares Incorporated Reports 2023 Third-Quarter Earnings

October 20, 2023 | finance.yahoo.com

Huntington Bancshares profit drops 8% as interest income declines

October 20, 2023 | benzinga.com

Huntington Bancshares Likely To Report Lower Q3 Earnings; Here's A Look At Recent Price Target Changes By The Most Accurate Analysts

October 18, 2023 | nasdaq.com

What's in the Cards for Huntington (HBAN) in Q3 Earnings?

October 13, 2023 | finance.yahoo.com

Huntington Bancshares (HBAN) Expected to Beat Earnings Estimates: Can the Stock Move Higher?

October 11, 2023 | finance.yahoo.com

Should You Be Adding Huntington Bancshares (NASDAQ:HBAN) To Your Watchlist Today?

October 4, 2023 | finance.yahoo.com

Huntington Bancshares Incorporated Announces Third Quarter 2023 Earnings Call Details

October 2, 2023 | finance.yahoo.com

Why Zions and 1 Other Regional Bank Stock Could Be Worth a Look

September 27, 2023 | finance.yahoo.com

Dollar Bank, Huntington win ABA Foundation's Community Commitment Awards

See More Headlines

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Company Calendar

Ex-Dividend for 10/2 Dividend: 9/15/2023
Dividend Payable: 10/02/2023
Last Earnings: 10/20/2023
Today: 11/30/2023
Ex-Dividend for 1/2 Dividend: 12/15/2023
Fiscal Year End: 12/31/2023
Dividend Payable: 1/02/2024
Next Earnings (Estimated): 1/19/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: National commercial banks
Sub-Industry: Regional Banks
Sector: Finance
Current Symbol: NASDAQ:HBAN
CUSIP: 44615010
CIK: 49196
Web: www.huntington.com
Phone: (614) 480-2665
Fax: 614-480-3761
Employees: 19,920
Year Founded: 1866

Price Target and Rating

Average Stock Price Target: $12.30
High Stock Price Target: $14.00
Low Stock Price Target: $10.00
Potential Upside/Downside: +9.2%
Consensus Rating: Hold
Rating Score (0-4): 2.36
Research Coverage: 14 Analysts

Profitability

EPS (Most Recent Fiscal Year): $1.51
Trailing P/E Ratio: 7.46
Forward P/E Ratio: 8.22
P/E Growth: 6.06
Net Income: $2.24 billion
Net Margins: 22.55%
Pretax Margin: 28.08%
Return on Equity: 14.71%
Return on Assets: 1.27%

Debt

Debt-to-Equity Ratio: 0.80
Current Ratio: 0.89
Quick Ratio: 0.88

Sales & Book Value

Annual Sales: $7.95 billion
Price / Sales: 2.05
Cash Flow: $2.00 per share
Price / Cash Flow: 5.63
Book Value: $11.08 per share
Price / Book: 1.02

Miscellaneous

Outstanding Shares: 1,448,070,000
Free Float: 1,435,187,000
Market Cap: $16.31 billion
Optionable: Optionable
Beta: 1.11

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Key Executives

Mr. Stephen D. Steinour (Age 64)
Chairman, President & CEO
Comp: $4.98M
Mr. Zachary J. Wasserman (Age 48)
CFO & Senior EVP
Comp: $2.13M
Mr. Paul G. Heller (Age 59)
Chief Technology and Operations Officer & Senior EVP
Comp: $2.1M
Mr. Scott D. Kleinman (Age 53)
Senior Executive VP & President of Commercial Banking
Comp: $1.9M
Mr. Brantley J. Standridge (Age 47)
Senior Executive VP & President of Consumer and Business Banking
Comp: $2.46M
Ms. Nancy E. Maloney
Executive VP, Controller & Principal Accounting Officer
Mr. Timothy R. Sedabres
Executive VP & Head of Investor Relations
Ms. Jana J. Litsey (Age 61)
Senior EVP & General Counsel
Comp: $1.54M
Ms. Julie C. Tutkovics (Age 52)
Senior EVP and Chief Marketing & Communications Officer
Mr. Rajeev Syal (Age 57)
Senior EVP & Chief Human Resources Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

HBAN Stock Analysis - Frequently Asked Questions

Should I buy or sell Huntington Bancshares stock right now?: 14 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Huntington Bancshares in the last year. There are currently 1 sell rating, 8 hold ratings, 4 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" HBAN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in HBAN, but not buy additional shares or sell existing shares.
View HBAN analyst ratings or view top-rated stocks.
What is Huntington Bancshares' stock price target for 2024?: 14 brokers have issued 12-month target prices for Huntington Bancshares' stock. Their HBAN share price targets range from $10.00 to $14.00. On average, they anticipate the company's share price to reach $12.30 in the next twelve months. This suggests a possible upside of 9.2% from the stock's current price.
View analysts price targets for HBAN or view top-rated stocks among Wall Street analysts.
How have HBAN shares performed in 2023?: Huntington Bancshares' stock was trading at $14.10 at the beginning of 2023. Since then, HBAN stock has decreased by 20.1% and is now trading at $11.26.
View the best growth stocks for 2023 here.
Are investors shorting Huntington Bancshares?: Huntington Bancshares saw a decrease in short interest in November. As of November 15th, there was short interest totaling 29,460,000 shares, a decrease of 12.9% from the October 31st total of 33,830,000 shares. Based on an average trading volume of 13,910,000 shares, the short-interest ratio is currently 2.1 days.
View Huntington Bancshares' Short Interest.
When is Huntington Bancshares' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Friday, January 19th 2024.
View our HBAN earnings forecast.
How were Huntington Bancshares' earnings last quarter?: Huntington Bancshares Incorporated (NASDAQ:HBAN) posted its earnings results on Friday, October, 20th. The bank reported $0.36 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.32 by $0.04. The bank earned $2.82 billion during the quarter, compared to the consensus estimate of $1.82 billion. Huntington Bancshares had a net margin of 22.55% and a trailing twelve-month return on equity of 14.71%. During the same quarter last year, the business earned $0.39 EPS.
Read the conference call transcript.
How often does Huntington Bancshares pay dividends? What is the dividend yield for Huntington Bancshares?: Huntington Bancshares declared a quarterly dividend on Wednesday, October 18th. Investors of record on Monday, December 18th will be given a dividend of $0.155 per share on Tuesday, January 2nd. This represents a $0.62 dividend on an annualized basis and a yield of 5.51%. The ex-dividend date is Friday, December 15th.
Read our dividend analysis for HBAN.
Is Huntington Bancshares a good dividend stock?: Huntington Bancshares (NASDAQ:HBAN) pays an annual dividend of $0.62 per share and currently has a dividend yield of 5.68%. HBAN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 41.06%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HBAN will have a dividend payout ratio of 50.82% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for HBAN.

What ETFs hold Huntington Bancshares' stock?: ETFs with the largest weight of Huntington Bancshares (NASDAQ:HBAN) stock in their portfolio include Northern Lights Fund Trust IV - Long Cramer Tracker ETF (LJIM), iShares U.S. Regional Banks ETF (IAT), Invesco KBW Bank ETF (KBWB), First Trust Nasdaq Bank ETF (FTXO), Proshares Equities For Rising Rates ETF (EQRR), First Trust NASDAQ Rising Dividend Achievers (RDVY), FT Cboe Vest Rising Dividend Achievers Target Income ETF (RDVI) and Invesco High Yield Equity Dividend Achievers ETF (PEY).
What is Steve Steinour's approval rating as Huntington Bancshares' CEO?: 1,027 employees have rated Huntington Bancshares Chief Executive Officer Steve Steinour on Glassdoor.com. Steve Steinour has an approval rating of 88% among the company's employees. 69.0% of employees surveyed would recommend working at Huntington Bancshares to a friend.
What other stocks do shareholders of Huntington Bancshares own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Huntington Bancshares investors own include General Electric (GE), Bank of America (BAC), AT&T (T), Ford Motor (F), KeyCorp (KEY), Wells Fargo & Company (WFC), JPMorgan Chase & Co. (JPM), AbbVie (ABBV), Energy Transfer (ET) and Verizon Communications (VZ).
Who are Huntington Bancshares' major shareholders?: Huntington Bancshares' stock is owned by a number of institutional and retail investors. Top institutional shareholders include Invesco Ltd. (3.23%), Charles Schwab Investment Management Inc. (3.16%), Boston Partners (2.02%), Federated Hermes Inc. (2.00%), FMR LLC (1.82%) and Victory Capital Management Inc. (1.24%). Insiders that own company stock include David L Porteous, Donald Lee Dennis, Gary Torgow, Helga Houston, Jana J Litsey, Julie C Tutkovics, Kenneth J Phelan, Michael Scott Jones, Paul G Heller, Rafael Diaz-Granados, Rajeev Syal, Richard A Pohle, Richard H King, Sandra E Pierce, Sandra E Pierce, Scott D Kleinman, Stephen D Steinour, Steven Lee Rhodes and Zachary Jacob Wasserman.
View institutional ownership trends.
How do I buy shares of Huntington Bancshares?: Shares of HBAN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
Does Huntington Bancshares have any subsidiaries?: The following companies are subsidiares of Huntington Bancshares: 41 South High Ltd., 7575 Corporation, 791 801 AND 803 W. Big Beaver Road LLC, AFL-HBAN Solar Trust, AM-HBAN Solar Trust, CASCADE Holdings LLC, CE Capital LLC, CFC-HBAN Solar Trust, CHEMBACO LLC, CREPD LLC, Camco Financial, Capstone Partners, Community Bank Insurance Agency Inc., FMRC Inc., First Merit Bank, FirstMerit Advisors Inc., FirstMerit Community Development Corporation, FirstMerit Securities Inc., FirstMerit Title Agency LTD., Forty-One Corporation, Fourteen Corporation, GC1-HBAN Solar Trust, Gateway One Lending & Finance LLC, HBI Payments Holdings Inc., HBI Specialty Insurance Inc., HBI Title Services Inc., HCFFL LLC, HLFB Inc., HMFAL II LLC, HMFAL LLC, HNB I LLC, HPAL Holdings LLC, HPAL II LLC, HPAL LLC, HPCDS Inc., HPCF Corporation, HPCKAL LLC, HPCLI Inc., HREIC Holdings LLC, Haberer Registered Investment Advisor Inc., Henry Acquisitions Inc., Huntington Bancshares Financial Corporation, Huntington Capital Financing Holdings I Inc., Huntington Capital Financing Holdings II Inc., Huntington Capital Financing OREO Inc., Huntington Capital I, Huntington Capital II, Huntington Captive Insurance Company, Huntington Equipment Finance Inc., Huntington Equity Investments LLC, Huntington Finance LLC, Huntington Funding LLC, Huntington Insurance Inc., Huntington LT, Huntington Merchant Services LLC, Huntington Mezzanine Opportunities Inc., Huntington Municipal Fund II Inc., Huntington Municipal Fund Inc., Huntington Municipal Securities Inc., Huntington New Markets CDE LLC, Huntington Preferred Capital II Inc., Huntington Preferred Capital Inc. *, Huntington Public Capital Corporation, Huntington Renewable Energy Investments LLC, Huntington Residential Mortgage Securities Inc., Huntington Securities Inc., Huntington Technology Finance Inc., Huntington West Inc., Hutchinson Shockey Erley & Co., J.G. Weisser Sohne GmbH & Co. KG, J.G. Weisser Sohne GmbH & Co. KG., Macquarie Equipment Finance, Metropolitan Savings Service Corporation, Midwest Funding LLC, Mobile Consultants Inc., Prospect Trust I, Rate Risk Management Advisors LLC, Red Iron Acceptance LLC, Red Mountain LLC, STB Auto Exchange LLC, Sky Capital LLC, Sky Financial Capital Trust III, Sky Financial Capital Trust IV, Sky Financial Group, TCF Agency Insurance Services Inc., TCF Auto Receivables LLC, TCF Bank International Inc., TCF Commercial Finance Australia Pty Ltd, TCF Commercial Finance Canada Inc., TCF Commercial Finance LLC, TCF Commercial Finance New Zealand Limited, TCF Financial, TCF Foundation, TCF Illinois Realty Investments LLC, TCF International Operations Inc., TCF Inventory Finance Inc., TCF Investments Management Inc., TCF Management Corporation, TCF Servicing Company LLC, TCF Trust, TCFIF Joint Venture I LLC, TVPX 2019 MSN 6800199 Business Trust, TVPX 9095 Business Trust, The Derlam Company, The Huntington Capital Investment Company, The Huntington Capital Investment Company II, The Huntington Community Development Corporation, The Huntington Investment Company, The Huntington Kentucky LLC, The Huntington Leasing Company, The Huntington National Bank, The Huntington Real Estate Investment Company, The Huntington Real Estate Investment Company II, Thirty-Seven Corporation, Torana, Tower Hill Securities Inc., Troy BNK Investors LLC, Unizan Capital LLC, and Winthrop Resources Holdings I LLC.
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This page (NASDAQ:HBAN) was last updated on 12/1/2023 by MarketBeat.com Staff

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Huntington Bancshares Stock Price, News & Analysis (NASDAQ:HBAN)

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