NASDAQ:HBAN - Huntington Bancshares Stock Price, News, & Analysis

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$13.33 -0.12 (-0.89 %)
(As of 05/22/2019 04:00 PM ET)
Previous Close$13.45
Today's Range$13.26 - $13.41
52-Week Range$11.12 - $16.52
Volume7.15 million shs
Average Volume12.89 million shs
Market Capitalization$13.95 billion
P/E Ratio11.11
Dividend Yield4.16%
Beta1.37
Huntington Bancshares Incorporated operates as a holding company for The Huntington National Bank that provides commercial, small business, consumer, and mortgage banking services. The company operates through four business segments: Consumer and Business Banking, Commercial Banking, Vehicle Finance, and Regional Banking and The Huntington Private Client Group (RBHPCG). The Consumer and Business Banking segment offers financial products and services, such as checking accounts, savings accounts, money market accounts, certificates of deposit, consumer loans, mortgage loans, credit cards, and small business loans, as well as investment products. It also provides insurance, interest rate risk protection, foreign exchange, and treasury management services, as well as online, mobile, and telephone banking services. The Commercial Banking segment offers banking solutions and asset finance services; corporate risk management services; institutional sales, trading, and underwriting services; institutional corporate banking services; treasury management services; and other financing solutions, as well as lends real estate developers, REITs, and other customers. The Vehicle Finance segment provides financing to consumers for the purchase of automobiles, light-duty trucks, recreational vehicles, and marine craft at franchised and other select dealerships, as well as to franchised dealerships for the acquisition of new and used inventory. The RBHPCG segment provides deposits, lending, banking, wealth management, investment and portfolio management, fiduciary administration, trust, retirement plan, and institutional and mutual fund custody services. As of December 31, 2018, the company operated through 944 branches located in Ohio, Michigan, Pennsylvania, Indiana, Illinois, Wisconsin, West Virginia, and Kentucky; and 10 private client group offices. Huntington Bancshares Incorporated was founded in 1866 and is headquartered in Columbus, Ohio.

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Industry, Sector and Symbol

Industry National commercial banks
Sub-IndustryRegional Banks
SectorFinance
Current SymbolNASDAQ:HBAN
CUSIP44615010
Phone614-480-2265

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$5.27 billion
Cash Flow$1.7917 per share
Book Value$9.77 per share

Profitability

Net Income$1.39 billion

Miscellaneous

Employees15,693
Outstanding Shares1,046,440,000
Market Cap$13.95 billion
Next Earnings Date7/24/2019 (Estimated)
OptionableOptionable

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 announced a quarterly dividend on Tuesday, April 23rd. Investors of record on Monday, June 17th will be given a dividend of $0.14 per share on Monday, July 1st. This represents a $0.56 dividend on an annualized basis and a yield of 4.20%. The ex-dividend date is Friday, June 14th. View Huntington Bancshares' Dividend History.

How will Huntington Bancshares' stock buyback program work?

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

How were Huntington Bancshares' earnings last quarter?

Huntington Bancshares Incorporated (NASDAQ:HBAN) posted its earnings results on Thursday, April, 25th. The bank reported $0.32 EPS for the quarter, meeting the Thomson Reuters' consensus estimate of $0.32. The bank earned $1.15 billion during the quarter, compared to analysts' expectations of $1.16 billion. Huntington Bancshares had a return on equity of 14.20% and a net margin of 26.24%. The firm's revenue was up 5.2% on a year-over-year basis. During the same quarter last year, the company earned $0.28 EPS. 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 24th 2019. View Earnings Estimates for Huntington Bancshares.

What price target have analysts set for HBAN?

9 brokerages have issued 1-year price targets for Huntington Bancshares' shares. Their forecasts range from $14.00 to $18.00. On average, they anticipate Huntington Bancshares' stock price to reach $16.00 in the next twelve months. This suggests a possible upside of 20.0% from the stock's current price. View Analyst Price Targets for Huntington Bancshares.

What is the consensus analysts' recommendation for Huntington Bancshares?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Huntington Bancshares in the last year. There are currently 6 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Huntington Bancshares.

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. Yet, the company possesses a decent earnings surprise history, having beaten the Zacks Consensus Estimate in two of the trailing four quarters and posting in-line results in one quarter. First-quarter results reflect organic strength on the back of higher revenues and loan growth, partially offset by rise in expenses. Its efforts to expand footprint through strategic initiatives seem impressive. Also, the company's strong liquidity position keeps it well poised to expand through strategic initiatives. However, consistent rise in cost base continues to deter bottom-line growth. Further, significant exposure to commercial loans remains a concern." (5/21/2019)
  • 2. Vining Sparks analysts commented, "Our “Strong Buy” rating assumes continued double-digit earnings per share growth along with a higher return- on-tangible common equity should allow HBAN to return to trading above 225% of its price-to-tangible book value. This valuation, coupled with tangible book value growth and a 4.1% dividend yield could produce a total shareholder return of 35% by year-end 2019E." (1/24/2019)

Has Huntington Bancshares been receiving favorable news coverage?

News coverage about HBAN stock has trended somewhat positive on Wednesday, according to InfoTrie Sentiment. The research group ranks the sentiment of news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Huntington Bancshares earned a media sentiment score of 1.7 on InfoTrie's scale. They also gave media coverage about the bank a news buzz of 8.0 out of 10, meaning that recent news coverage is very likely to have an effect on the stock's share price in the next few days.

Are investors shorting Huntington Bancshares?

Huntington Bancshares saw a decrease in short interest in the month of April. As of April 30th, there was short interest totalling 19,329,697 shares, a decrease of 12.7% from the April 15th total of 22,151,072 shares. Based on an average trading volume of 11,718,446 shares, the days-to-cover ratio is presently 1.6 days. Currently, 1.9% of the company's stock are sold short. View Huntington Bancshares' Current Options Chain.

Who are some of Huntington Bancshares' key competitors?

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 & Co (WFC), JPMorgan Chase & Co. (JPM), The Coca-Cola (KO), Citigroup (C) and Regions Financial (RF).

Who are Huntington Bancshares' key executives?

Huntington Bancshares' management team includes the folowing people:
  • Mr. Stephen D. Steinour, Chairman, Pres & CEO (Age 60)
  • Mr. Howell D. McCullough III, Sr. EVP & CFO (Age 62)
  • Mr. Paul G. Heller, Chief Technology and Operations Officer & Sr. EVP (Age 55)
  • Ms. Helga S. Houston, Sr. EVP & Chief Risk Officer (Age 58)
  • Mr. Andrew J. Harmening, Sr. EVP of Consumer & Bus. Banking Director (Age 49)

Who are Huntington Bancshares' major shareholders?

Huntington Bancshares' stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (8.28%), FMR LLC (7.60%), JPMorgan Chase & Co. (3.58%), Boston Partners (2.59%), Geode Capital Management LLC (1.49%) and The Manufacturers Life Insurance Company (1.44%). Company insiders that own Huntington Bancshares stock include Daniel J Neumeyer, David L Porteous, Helga Houston, Howell D Mccullough III, Kathleen H Ransier, Mark E Thompson, Nancy E Maloney, Nicholas G Stanutz, Paul G Heller, Richard Remiker, Richard W Neu 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 Boston Partners, Amundi Pioneer Asset Management Inc., Janus Henderson Group PLC, Goldman Sachs Group Inc., OppenheimerFunds Inc., FMR LLC, Algebris UK Ltd and Morgan Stanley. Company insiders that have sold Huntington Bancshares company stock in the last year include Daniel J Neumeyer, David L Porteous, Helga Houston, Howell D Mccullough III, Kathleen H Ransier, Mark E Thompson, Paul G Heller and Richard Remiker. 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 BlackRock Inc., JPMorgan Chase & Co., Federated Investors Inc. PA, Charles Schwab Investment Management Inc., Raymond James & Associates, Caisse DE Depot ET Placement DU Quebec, Geode Capital Management LLC and Natixis. Company insiders that have bought Huntington Bancshares stock in the last two years include 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 $13.33.

How big of a company is Huntington Bancshares?

Huntington Bancshares has a market capitalization of $13.95 billion and generates $5.27 billion in revenue each year. The bank earns $1.39 billion in net income (profit) each year or $1.20 on an earnings per share basis. Huntington Bancshares employs 15,693 workers across the globe.

What is Huntington Bancshares' official website?

The official website for Huntington Bancshares is http://www.huntington.com/.

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 614-480-2265 or via email at [email protected]


MarketBeat Community Rating for Huntington Bancshares (NASDAQ HBAN)

Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  450 (Vote Outperform)
Underperform Votes:  754 (Vote Underperform)
Total Votes:  1,204
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 5/22/2019 by MarketBeat.com Staff

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