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

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

Huntington Bancshares declared a quarterly dividend on Thursday, April 19th. Stockholders of record on Monday, June 18th will be given a dividend of $0.11 per share on Monday, July 2nd. This represents a $0.44 dividend on an annualized basis and a dividend yield of 2.90%. The ex-dividend date is Friday, June 15th. View Huntington Bancshares' Dividend History.

Huntington Bancshares declared that its Board of Directors has approved a share buyback program on Thursday, June 29th 2017, which authorizes the company to buyback $308,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to purchase up to 2.2% of its shares through open market purchases. Shares buyback programs are usually an indication that the company's leadership believes its stock is undervalued.

Huntington Bancshares (NASDAQ:HBAN) released its earnings results on Tuesday, April, 24th. The bank reported $0.28 earnings per share for the quarter, hitting the Zacks' 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 period in the previous year, the company earned $0.21 earnings per share. View Huntington Bancshares' Earnings History.

Huntington Bancshares is scheduled to release their next quarterly earnings announcement on Friday, July, 20th 2018. View Earnings Estimates for Huntington Bancshares.

21 analysts have issued 1-year price objectives for Huntington Bancshares' stock. Their forecasts range from $14.00 to $20.00. On average, they expect Huntington Bancshares' share price to reach $16.9750 in the next twelve months. View Analyst Ratings for Huntington Bancshares.

Huntington Bancshares saw a decrease in short interest in the month of April. As of April 30th, there was short interest totalling 10,914,262 shares, a decrease of 23.2% from the April 13th total of 14,207,299 shares. Based on an average daily trading volume, of 8,311,594 shares, the days-to-cover ratio is presently 1.3 days. Approximately 1.0% of the shares of the company are short sold.

Some companies that are related to Huntington Bancshares include UBS (UBS), DBS Grp HOLDING/S (DBSDY), National Australia Bank (NABZY), Intesa Sanpaolo (ISNPY), Capital One (COF), Mizuho Financial Group (MFG), BB&T (BBT), Standard Chartered (SCBFF), SunTrust Banks (STI), Danske Bank (DNKEY), Banco do Brasil (BDORY), KeyCorp (KEY), Regions Financial (RF), Shinhan Financial Group (SHG) and Comerica (CMA).

Press coverage about HBAN stock has trended somewhat positive this week, according to Accern Sentiment. Accern scores the sentiment of news coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Huntington Bancshares earned a coverage optimism score of 0.22 on Accern's scale. They also gave news articles about the bank an impact score of 46.78 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the near future.

Huntington Bancshares' stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (6.33%), Boston Partners (2.73%), JPMorgan Chase & Co. (2.44%), The Manufacturers Life Insurance Company (1.13%), Dimensional Fund Advisors LP (1.09%) and Northern Trust Corp (1.07%). 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.

HBAN stock was sold by a variety of institutional investors in the last quarter, including Levin Capital Strategies L.P., The Manufacturers Life Insurance Company , Russell Investments Group Ltd., Boston Partners, Victory Capital Management Inc., Neuberger Berman Group LLC, Maltese Capital Management LLC and EJF Capital LLC. 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.

HBAN stock was acquired by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., FIL Ltd, Palisade Capital Management LLC NJ, BlackRock Inc., Wells Fargo & Company MN, Millennium Management LLC, Dimensional Fund Advisors LP and Uniplan Investment Counsel Inc.. 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.

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.

One share of HBAN stock can currently be purchased for approximately $15.15.

Huntington Bancshares has a market capitalization of $16.92 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.

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]