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

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

Huntington Bancshares announced a quarterly dividend on Wednesday, July 18th. Stockholders 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 annualized dividend and a dividend yield of 3.73%. The ex-dividend date of this dividend is Friday, September 14th. This is a boost from Huntington Bancshares's previous quarterly dividend of $0.11. View Huntington Bancshares' Dividend History.

Huntington Bancshares declared that its Board of Directors has initiated a stock repurchase plan on Thursday, June 29th 2017, which allows the company to buyback $308,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to purchase up to 2.2% of its stock through open market purchases. Stock buyback plans are often a sign that the company's management believes its shares are undervalued.

Huntington Bancshares Incorporated (NASDAQ:HBAN) announced its quarterly earnings data on Tuesday, April, 24th. The bank reported $0.28 earnings per share (EPS) for the quarter, hitting the 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%. The firm's revenue was up 3.4% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.21 earnings per share. View Huntington Bancshares' Earnings History.

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

19 brokerages have issued 1-year price objectives for Huntington Bancshares' shares. Their forecasts range from $14.00 to $20.00. On average, they expect Huntington Bancshares' share price to reach $17.0263 in the next year. This suggests a possible upside of 13.5% from the stock's current price. View Analyst Ratings 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."

Huntington Bancshares saw a drop in short interest during the month of June. As of June 29th, there was short interest totalling 11,499,388 shares, a drop 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 shares of the company are sold short. View Huntington Bancshares' Current Options Chain.

Some companies that are related to Huntington Bancshares include Industrial & Cmrcl Bnk f China (IDCBY), UBS Group (UBS), National Australia Bank (NABZY), DBS Grp HOLDING/S (DBSDY), Capital One Financial (COF), Intesa Sanpaolo (ISNPY), Mizuho Financial Group (MFG), BB&T (BBT), SunTrust Banks (STI), Standard Chartered (SCBFF), DANSKE Bk A/S/S (DNKEY), BANCO DO BRASIL/S (BDORY), KeyCorp (KEY), Regions Financial (RF) and Shinhan Financial Group (SHG).

Media stories about HBAN stock have been trending somewhat positive this week, Accern reports. Accern scores the sentiment of media coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Huntington Bancshares earned a news sentiment score of 0.11 on Accern's scale. They also gave press coverage about the bank an impact score of 44.97 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the next few days.

Huntington Bancshares' stock is owned by a number of of retail and institutional investors. Top institutional shareholders 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 Park National Corp OH (0.03%). 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 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.

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, IFM Investors Pty Ltd, FormulaFolio Investments LLC and Broadleaf Partners 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.

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 $15.00.

Huntington Bancshares has a market capitalization of $16.44 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]