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

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

Huntington Bancshares declared a quarterly dividend on Thursday, October 18th. Shareholders of record on Tuesday, December 18th will be given a dividend of $0.14 per share on Wednesday, January 2nd. This represents a $0.56 annualized dividend and a yield of 4.22%. The ex-dividend date of this dividend is Monday, December 17th. View Huntington Bancshares' Dividend History.

Huntington Bancshares announced that its Board of Directors has authorized a share buyback program on Thursday, June 29th 2017, which permits the company to buyback $308,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to reacquire up to 2.2% of its stock through open market purchases. Stock buyback programs are generally an indication that the company's management believes its shares are undervalued.

Huntington Bancshares Incorporated (NASDAQ:HBAN) posted its quarterly earnings results on Tuesday, October, 23rd. The bank reported $0.33 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.32 by $0.01. The bank had revenue of $1.15 billion for the quarter, compared to the consensus estimate of $1.15 billion. Huntington Bancshares had a net margin of 29.13% and a return on equity of 13.73%. The company's quarterly revenue was up 4.6% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.25 EPS. View Huntington Bancshares' Earnings History.

Huntington Bancshares is scheduled to release their next quarterly earnings announcement on Thursday, January 24th 2019. View Earnings Estimates for Huntington Bancshares.

Huntington Bancshares will be holding an earnings conference call on Thursday, January 24th at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8774078029.

Huntington Bancshares issued an update on its FY 2018 earnings guidance on Tuesday, October, 23rd. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $4.533-4.555 billion, compared to the consensus revenue estimate of $4.54 billion.

16 equities research analysts have issued twelve-month price targets for Huntington Bancshares' shares. Their forecasts range from $15.00 to $20.00. On average, they expect Huntington Bancshares' share price to reach $16.9688 in the next twelve months. This suggests a possible upside of 27.9% from the stock's current price. View Analyst Price Targets for Huntington Bancshares.

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Huntington Bancshares in the last year. There are currently 9 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Huntington Bancshares.

News coverage about HBAN stock has trended somewhat negative on Wednesday, according to InfoTrie. The research group identifies positive and negative news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Huntington Bancshares earned a coverage optimism score of -1.2 on InfoTrie's scale. They also assigned news stories about the bank a news buzz of 5.0 out of 10, indicating that recent news coverage is somewhat likely to have an impact on the stock's share price in the near future.

Huntington Bancshares saw a decline in short interest during the month of December. As of December 14th, there was short interest totalling 21,178,375 shares, a decline of 15.7% from the November 30th total of 25,131,470 shares. Based on an average daily volume of 15,625,811 shares, the short-interest ratio is currently 1.4 days. Currently, 2.0% of the shares of the stock are short sold. View Huntington Bancshares' Current Options Chain.

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

Huntington Bancshares' stock is owned by a number of of retail and institutional investors. Top institutional investors include Endurance Wealth Management Inc. (0.08%), Park National Corp OH (0.03%), Gulf International Bank UK Ltd (0.02%), State of Alaska Department of Revenue (0.02%), Chesley Taft & Associates LLC (0.01%) and DNB Asset Management AS (0.01%). 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, 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.

HBAN stock was sold by a variety of institutional investors in the last quarter, including Gulf International Bank UK Ltd, Park National Corp OH, Legacy Financial Advisors Inc., Louisiana State Employees Retirement System, DNB Asset Management AS, RB Capital Management LLC, Ferguson Wellman Capital Management Inc. and Fruth Investment Management. 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, Nancy E Maloney, Paul G Heller and Richard Remiker. View Insider Buying and Selling for Huntington Bancshares.

HBAN stock was purchased by a variety of institutional investors in the last quarter, including KAMES CAPITAL plc, Chesley Taft & Associates LLC, Fulton Bank N.A., First Hawaiian Bank, First United Bank Trust, QUANTRES ASSET MANAGEMENT Ltd, Kohmann Bosshard Financial Services LLC and Virtu Financial 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 $13.27.

Huntington Bancshares has a market capitalization of $13.62 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.

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

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]