Huntington Bancshares - HBAN Stock Forecast, Price & News

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Huntington Bancshares in the last twelve months. There are currently 3 sell ratings, 6 hold ratings, 4 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" HBAN shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in HBAN, but not buy additional shares or sell existing shares.
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14 brokers have issued 1 year price targets for Huntington Bancshares' stock. Their HBAN share price forecasts range from $13.00 to $18.00. On average, they predict the company's share price to reach $15.53 in the next year. This suggests a possible upside of 0.5% from the stock's current price.
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Huntington Bancshares' stock was trading at $14.10 at the beginning of the year. Since then, HBAN stock has increased by 9.6% and is now trading at $15.45.
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Huntington Bancshares saw a drop in short interest in January. As of January 15th, there was short interest totaling 43,290,000 shares, a drop of 16.4% from the December 31st total of 51,810,000 shares. Based on an average daily trading volume, of 16,000,000 shares, the short-interest ratio is presently 2.7 days.
View Huntington Bancshares' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 20th 2023.
View our HBAN earnings forecast.

Huntington Bancshares Incorporated (NASDAQ:HBAN) issued its earnings results on Wednesday, October, 27th. The bank reported $0.22 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.36 by $0.14. The bank earned $1.70 billion during the quarter, compared to analyst estimates of $1.69 billion. Huntington Bancshares had a net margin of 28.15% and a trailing twelve-month return on equity of 14.79%. The business's revenue was up 35.8% compared to the same quarter last year. During the same period in the previous year, the business earned $0.27 EPS.
Read the conference call transcript.

Huntington Bancshares declared a quarterly dividend on Friday, January 20th. Investors of record on Monday, March 20th will be given a dividend of $0.155 per share on Monday, April 3rd. This represents a $0.62 annualized dividend and a yield of 4.01%. The ex-dividend date is Friday, March 17th.
Read our dividend analysis for HBAN.

Huntington Bancshares (NASDAQ:HBAN) pays an annual dividend of $0.62 per share and currently has a dividend yield of 4.00%. HBAN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 42.76%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HBAN will have a dividend payout ratio of 39.24% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for HBAN.

1,027 employees have rated Huntington Bancshares Chief Executive Officer Steve Steinour on Glassdoor.com. Steve Steinour has an approval rating of 88% among the company's employees. 69.0% of employees surveyed would recommend working at Huntington Bancshares to a friend.

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 & Company (WFC), JPMorgan Chase & Co. (JPM), AbbVie (ABBV), Energy Transfer (ET) and Verizon Communications (VZ).

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

Huntington Bancshares' stock is owned by many different retail and institutional investors. Top institutional investors include Newport Trust Co (0.66%), RWC Asset Management LLP (0.44%), Sumitomo Mitsui Trust Holdings Inc. (0.32%), Bank of Montreal Can (0.24%), Bank Julius Baer & Co. Ltd Zurich (0.22%) and Foundry Partners LLC (0.15%). Insiders that own company stock include David L Porteous, Donald Lee Dennis, Gary Torgow, Helga Houston, Jana J Litsey, Julie C Tutkovics, Kenneth J Phelan, Mark E Thompson, Michael Scott Jones, Paul G Heller, Rajeev Syal, Richard A Pohle, Richard H King, Sandra E Pierce, Sandra E Pierce, Scott D Kleinman, Stephen D Steinour, Steven Lee Rhodes and Zachary Jacob Wasserman.
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Shares of HBAN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of HBAN stock can currently be purchased for approximately $15.45.

Huntington Bancshares (NASDAQ:HBAN) has a market capitalization of $22.29 billion and generates $7.95 billion in revenue each year. The bank earns $2.24 billion in net income (profit) each year or $1.45 on an earnings per share basis.

The company employs 18,442 workers across the globe.

Huntington Bancshares' mailing address is 41 South High Street, COLUMBUS OH, 43287. The official website for the company is www.huntington.com. The bank can be reached via phone at (614) 480-2665, via email at huntington.investor.relations@huntington.com, or via fax at 614-480-3761.