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

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$14.12 +0.11 (+0.79 %)
(As of 02/19/2019 04:00 PM ET)
Previous Close$14.01
Today's Range$13.8450 - $14.17
52-Week Range$11.12 - $16.60
Volume7.38 million shs
Average Volume11.30 million shs
Market Capitalization$14.99 billion
P/E Ratio11.77
Dividend Yield4.00%
Beta1.35
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. 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 trust, and institutional and mutual fund custody services. The company operates through 970 branches and private client group offices that are located in Ohio, Illinois, Indiana, Kentucky, Michigan, Pennsylvania, West Virginia, and Wisconsin. 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$1.3843 per share
Book Value$9.33 per share

Profitability

Net Income$1.39 billion

Miscellaneous

Employees15,770
Outstanding Shares1,061,529,000
Market Cap$14.99 billion
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 declared a quarterly dividend on Thursday, January 17th. Shareholders of record on Monday, March 18th will be given a dividend of $0.14 per share on Monday, April 1st. This represents a $0.56 annualized dividend and a dividend yield of 3.97%. The ex-dividend date is Friday, March 15th. View Huntington Bancshares' Dividend History.

How will Huntington Bancshares' stock buyback program work?

Huntington Bancshares declared that its board has approved a stock repurchase program on Thursday, June 29th 2017, which permits the company to repurchase $308,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization permits the company to buy up to 2.2% of its stock through open market purchases. Stock repurchase programs are usually an indication that the company's leadership believes its shares are undervalued.

How were Huntington Bancshares' earnings last quarter?

Huntington Bancshares Incorporated (NASDAQ:HBAN) announced its quarterly earnings data on Thursday, January, 24th. The bank reported $0.29 earnings per share for the quarter, missing analysts' consensus estimates of $0.31 by $0.02. The bank earned $1.16 billion during the quarter, compared to the consensus estimate of $1.16 billion. Huntington Bancshares had a return on equity of 13.93% and a net margin of 26.43%. During the same quarter last year, the firm posted $0.26 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 Tuesday, April 23rd 2019. View Earnings Estimates for Huntington Bancshares.

What price target have analysts set for HBAN?

12 brokerages have issued 1-year price objectives for Huntington Bancshares' shares. Their predictions range from $14.00 to $20.00. On average, they anticipate Huntington Bancshares' stock price to reach $16.50 in the next twelve months. This suggests a possible upside of 16.9% from the stock's current price. View Analyst Price Targets for Huntington Bancshares.

What is the consensus analysts' recommendation for Huntington Bancshares?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Huntington Bancshares in the last year. There are currently 8 hold ratings and 4 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. 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)
  • 2. According to Zacks Investment Research, "Shares of Huntington have underperformed the industry over the past three months. Also, estimates have been stable lately ahead of the company’s fourth quarter 2018 earnings release. However, the company possesses a decent earnings surprise history, beating the Zacks Consensus Estimate in two of the trailing four quarters and in-line results in the remaining two. 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 over the long run. However, consistent rise in cost base continues to deter bottom-line growth. Also, unsustainable capital-deployment activities keep us apprehensive. Further, significant exposure to commerial loans remains a concern." (1/7/2019)

Has Huntington Bancshares been receiving favorable news coverage?

Press coverage about HBAN stock has trended somewhat positive this week, according to InfoTrie Sentiment. InfoTrie identifies positive and negative press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Huntington Bancshares earned a media sentiment score of 0.9 on InfoTrie's scale. They also assigned news headlines about the bank a news buzz of 4.0 out of 10, meaning that recent press coverage is somewhat unlikely to have an impact on the company's share price in the immediate future.

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 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 Office (Age 58)
  • Ms. Sandra E. Pierce, Sr. EVP of Private Client Group & Regional Banking Director (Age 60)

Who are Huntington Bancshares' major shareholders?

Huntington Bancshares' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (6.95%), Boston Partners (4.66%), Geode Capital Management LLC (1.37%), Dimensional Fund Advisors LP (1.33%), Bank of America Corp DE (1.30%) and Northern Trust Corp (1.07%). Company insiders that own Huntington Bancshares stock include Andrew J Harmening, Daniel J Neumeyer, David L Porteous, Helga Houston, Howell D Mccullough III, John C Inglis, 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 institutional investors are selling Huntington Bancshares stock?

HBAN stock was sold by a variety of institutional investors in the last quarter, including First Trust Advisors LP, Rothschild & Co. Asset Management US Inc., Amundi Pioneer Asset Management Inc., Stifel Financial Corp, Nuveen Asset Management LLC, Canada Pension Plan Investment Board, EJF Capital LLC and Miller Howard Investments Inc. NY. 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, Nancy E Maloney, Paul G Heller and Richard Remiker. View Insider Buying and Selling for Huntington Bancshares.

Which institutional investors are buying Huntington Bancshares stock?

HBAN stock was purchased by a variety of institutional investors in the last quarter, including Boston Partners, Bessemer Group Inc., BlackRock Inc., APG Asset Management N.V., Raymond James & Associates, Dimensional Fund Advisors LP, Bank of America Corp DE and Oregon Public Employees Retirement Fund. 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 $14.12.

How big of a company is Huntington Bancshares?

Huntington Bancshares has a market capitalization of $14.99 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 15,770 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:  436 (Vote Outperform)
Underperform Votes:  735 (Vote Underperform)
Total Votes:  1,171
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 2/19/2019 by MarketBeat.com Staff

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