NASDAQ:HBAN - Huntington Bancshares Stock Price, Price Target & More

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$15.10 +0.10 (+0.67 %)
(As of 07/20/2018 04:00 PM ET)
Previous Close$15.10
Today's Range$14.90 - $15.14
52-Week Range$12.14 - $16.60
Volume10.10 million shs
Average Volume8.00 million shs
Market Capitalization$16.53 billion
P/E Ratio15.41
Dividend Yield2.93%
Beta1.34
Huntington Bancshares logoHuntington Bancshares Incorporated operates as a holding company for The Huntington National Bank that provides commercial, small business, consumer, and mortgage banking services. The company's Consumer and Business Banking segment offers financial products and services, such as checking accounts, savings accounts, money market accounts, certificates of deposit, consumer loans, and small business loans; and investments, mortgages, insurance, interest rate risk protection, and foreign exchange and treasury management services. Its Commercial Banking segment provides corporate risk management services; institutional sales, trading, and underwriting services; treasury management services; and other financing solutions, as well as lends real estate developers, REITs, and other customers. The company's Vehicle Finance segment offers financing for automobiles, light-duty trucks, recreational vehicles, and marine craft at franchised dealerships; and financing the acquisition of new and used vehicle inventory of franchised dealerships. Its Regional Banking and The Huntington Private Client Group segment provides deposits, lending, other banking, wealth management, investment and portfolio management, fiduciary administration, trust, retirement plan and trust, and institutional and mutual fund custody services. The company provides online, mobile, and telephone banking services, as well as ATM services. As of December 31, 2017, it had 10 private client group offices and 956 branches. The company was founded in 1866 and is headquartered in Columbus, Ohio.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry National commercial banks
Sub-IndustryRegional Banks
SectorFinance
SymbolNASDAQ:HBAN
CUSIP44615010
Phone614-480-8300

Debt

Debt-to-Equity Ratio0.85
Current Ratio0.88
Quick Ratio0.88

Price-To-Earnings

Trailing P/E Ratio15.41
Forward P/E Ratio12.38
P/E Growth1.03

Sales & Book Value

Annual Sales$4.74 billion
Price / Sales3.51
Cash Flow$1.4789 per share
Price / Cash10.21
Book Value$9.09 per share
Price / Book1.66

Profitability

EPS (Most Recent Fiscal Year)$0.98
Net Income$1.19 billion
Net Margins26.97%
Return on Equity12.64%
Return on Assets1.20%

Miscellaneous

Employees15,770
Outstanding Shares1,101,800,000
Market Cap$16,526.94

Huntington Bancshares (NASDAQ:HBAN) Frequently Asked Questions

What is Huntington Bancshares' stock symbol?

Huntington Bancshares trades on the NASDAQ under the ticker symbol "HBAN."

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

Huntington Bancshares declared a quarterly dividend on Wednesday, July 18th. Shareholders of record on Monday, September 17th will be paid a dividend of $0.14 per share on Monday, October 1st. This represents a $0.56 dividend on an annualized basis and a dividend yield of 3.71%. The ex-dividend date of this dividend is Friday, September 14th. This is an increase from Huntington Bancshares's previous quarterly dividend of $0.11. View Huntington Bancshares' Dividend History.

How will Huntington Bancshares' stock buyback program work?

Huntington Bancshares announced that its board has authorized a stock buyback plan on Thursday, June 29th 2017, which authorizes the company to buyback $308,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to reacquire up to 2.2% of its stock through open market purchases. Stock buyback plans are typically a sign that the company's board of directors believes its stock is undervalued.

How were Huntington Bancshares' earnings last quarter?

Huntington Bancshares Incorporated (NASDAQ:HBAN) posted its quarterly earnings data on Tuesday, April, 24th. The bank reported $0.28 earnings per share (EPS) for the quarter, hitting the Thomson Reuters' consensus estimate of $0.28. The bank had revenue of $1.09 billion for the quarter, compared to analyst estimates of $1.10 billion. Huntington Bancshares had a net margin of 26.97% and a return on equity of 12.64%. Huntington Bancshares's quarterly revenue was up 3.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.21 earnings per share. View Huntington Bancshares' Earnings History.

When is Huntington Bancshares' next earnings date?

Huntington Bancshares is scheduled to release their next quarterly earnings announcement on Wednesday, July, 25th 2018. View Earnings Estimates for Huntington Bancshares.

What price target have analysts set for HBAN?

19 analysts have issued 12 month price targets for Huntington Bancshares' shares. Their forecasts range from $14.00 to $20.00. On average, they anticipate Huntington Bancshares' share price to reach $17.0263 in the next twelve months. This suggests a possible upside of 12.8% from the stock's current price. View Analyst Ratings for Huntington Bancshares.

What is the consensus analysts' recommendation for Huntington Bancshares?

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Huntington Bancshares in the last year. There are currently 9 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

What are Wall Street analysts saying about Huntington Bancshares stock?

Here are some recent quotes from research analysts about Huntington Bancshares stock:
  • 1. According to Zacks Investment Research, "Shares of Huntington have underperformed the industry over the past six months. Earnings estimate for the to-be-reported quarter have remained stable lately. Also, the company possesses a disappointing earnings surprise history, beating the Zacks Consensus Estimate in one of the trailing four quarters. Consistent rise in cost base continues to deter bottom-line growth. Also, unsustainable capital deployment activities keep us apprehensive. However, with the Fed rate hikes, margin pressure for the company finally seems to be easing. Moreover, rising loans and deposits along with improved credit quality are tailwinds. Also, the company's strong liquidity position keeps it well poised to expand through strategic initiatives, which will support profitability in the long run." (7/18/2018)
  • 2. Vining Sparks analysts commented, "Continued strong earnings momentum along with a meaningfully higher return-on-tangible common equity should allow HBAN to continue to trade at around a 15x price-to-earnings multiple. This valuation coupled with continued double-digit EPS growth and a 2.7% dividend yield should produce a total shareholder return of over 20%." (1/23/2018)

Are investors shorting Huntington Bancshares?

Huntington Bancshares saw a decline in short interest in the month of June. As of June 29th, there was short interest totalling 11,499,388 shares, a decline of 40.2% from the June 15th total of 19,240,885 shares. Based on an average daily volume of 8,933,598 shares, the days-to-cover ratio is presently 1.3 days. Approximately 1.1% of the company's stock are sold short. View Huntington Bancshares' Current Options Chain.

Who are some of Huntington Bancshares' key competitors?

Who are Huntington Bancshares' key executives?

Huntington Bancshares' management team includes the folowing people:
  • Mr. Stephen D. Steinour, Chairman, Pres & CEO (Age 59)
  • Mr. Howell D. McCullough III, Sr. EVP & CFO (Age 61)
  • Mr. Paul G. Heller, Chief Technology and Operations Officer & Sr. EVP (Age 54)
  • Ms. Helga S. Houston, Sr. EVP & Chief Risk Office (Age 57)
  • Ms. Sandra E. Pierce, Sr. EVP of Private Client Group & Regional Banking Director (Age 59)

Has Huntington Bancshares been receiving favorable news coverage?

News coverage about HBAN stock has been trending somewhat positive recently, Accern Sentiment Analysis reports. The research group identifies negative and positive media coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Huntington Bancshares earned a news impact score of 0.08 on Accern's scale. They also gave press coverage about the bank an impact score of 47.58 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the near future.

Who are Huntington Bancshares' major shareholders?

Huntington Bancshares' stock is owned by a number of of institutional and retail investors. Top institutional investors include Bank of Montreal Can (0.46%), Miller Howard Investments Inc. NY (0.46%), Huntington National Bank (0.38%), CHURCHILL MANAGEMENT Corp (0.08%), Retirement Systems of Alabama (0.05%) and Beese Fulmer Investment Management Inc. (0.04%). Company insiders that own Huntington Bancshares stock include Andrew J Harmening, Daniel J Neumeyer, David L Porteous, David S Anderson, Helga Houston, John C Inglis, Nancy E Maloney, Nicholas G Stanutz, Paul G Heller, Richard Remiker, Richard W Neu, Sandra E Pierce and Stephen D Steinour. View Institutional Ownership Trends for Huntington Bancshares.

Which major investors are selling Huntington Bancshares stock?

HBAN stock was sold by a variety of institutional investors in the last quarter, including Miller Howard Investments Inc. NY, Bank of Montreal Can, Capital Investment Advisors LLC, Meag Munich Ergo Kapitalanlagegesellschaft MBH, Hartford Investment Management Co., Huntington National Bank, James Investment Research Inc. and State of Alaska Department of Revenue. Company insiders that have sold Huntington Bancshares company stock in the last year include Daniel J Neumeyer, David L Porteous, Helga Houston, Nancy E Maloney, Nicholas G Stanutz and Paul G Heller. View Insider Buying and Selling for Huntington Bancshares.

Which major investors are buying Huntington Bancshares stock?

HBAN stock was acquired by a variety of institutional investors in the last quarter, including Kohmann Bosshard Financial Services LLC, Capital One National Association, Fjarde AP Fonden Fourth Swedish National Pension Fund, Alpha Windward LLC, Gulf International Bank UK Ltd, Cornerstone Wealth Management LLC, IFM Investors Pty Ltd and FormulaFolio Investments LLC. Company insiders that have bought Huntington Bancshares stock in the last two years include Andrew J Harmening, John C Inglis, Richard W Neu and Stephen D Steinour. View Insider Buying and Selling for Huntington Bancshares.

How do I buy shares of Huntington Bancshares?

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

What is Huntington Bancshares' stock price today?

One share of HBAN stock can currently be purchased for approximately $15.10.

How big of a company is Huntington Bancshares?

Huntington Bancshares has a market capitalization of $16.53 billion and generates $4.74 billion in revenue each year. The bank earns $1.19 billion in net income (profit) each year or $0.98 on an earnings per share basis. Huntington Bancshares employs 15,770 workers across the globe.

How can I contact Huntington Bancshares?

Huntington Bancshares' mailing address is 41 South High Street, COLUMBUS OH, 43287. The bank can be reached via phone at 614-480-8300 or via email at [email protected]


MarketBeat Community Rating for Huntington Bancshares (NASDAQ HBAN)

Community Ranking:  1.8 out of 5 (star)
Outperform Votes:  374 (Vote Outperform)
Underperform Votes:  688 (Vote Underperform)
Total Votes:  1,062
MarketBeat's community ratings are surveys of what our community members think about Huntington Bancshares and other stocks. Vote "Outperform" if you believe HBAN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe HBAN will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 7/21/2018 by MarketBeat.com Staff

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