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

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Huntington Bancshares in the last twelve months. 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 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.
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14 brokerages have issued 12 month price objectives for Huntington Bancshares' stock. Their HBAN share price targets range from $10.00 to $13.50. On average, they predict the company's share price to reach $12.25 in the next year. This suggests a possible upside of 4.7% from the stock's current price.
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Huntington Bancshares' stock was trading at $14.10 at the start of the year. Since then, HBAN shares have decreased by 17.0% and is now trading at $11.70.
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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 presently 2.1 days.
View Huntington Bancshares' Short Interest.

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

Huntington Bancshares Incorporated (NASDAQ:HBAN) announced its earnings results on Friday, October, 20th. The bank reported $0.36 earnings per share for the quarter, topping the consensus estimate of $0.32 by $0.04. The bank earned $2.82 billion during the quarter, compared to analysts' expectations of $1.82 billion. Huntington Bancshares had a trailing twelve-month return on equity of 14.71% and a net margin of 22.55%. During the same quarter in the previous year, the firm posted $0.39 EPS.
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Huntington Bancshares declared a quarterly dividend on Wednesday, October 18th. Investors of record on Monday, December 18th will be paid a dividend of $0.155 per share on Tuesday, January 2nd. This represents a $0.62 dividend on an annualized basis and a dividend yield of 5.30%. The ex-dividend date is Friday, December 15th.
Read our dividend analysis for HBAN.

Huntington Bancshares (NASDAQ:HBAN) pays an annual dividend of $0.62 per share and currently has a dividend yield of 5.28%. 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.

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).

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.

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).

Huntington Bancshares' stock is owned by many different 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.
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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.
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