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 dividend on an annualized basis and a dividend yield of 3.75%. This is a positive change from Huntington Bancshares's previous quarterly dividend of $0.11. View Huntington Bancshares' Dividend History.

Huntington Bancshares declared that its board has initiated a stock repurchase 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 purchase up to 2.2% of its shares through open market purchases. Shares buyback programs are generally a sign that the company's board believes its stock is undervalued.

Huntington Bancshares Incorporated (NASDAQ:HBAN) issued its quarterly earnings results on Tuesday, April, 24th. The bank reported $0.28 EPS for the quarter, hitting the Thomson Reuters' consensus estimate of $0.28. The bank had revenue of $1.09 billion for the quarter, compared to analysts' expectations of $1.10 billion. Huntington Bancshares had a return on equity of 12.64% and a net margin of 26.97%. The company's revenue for the quarter was up 3.4% on a year-over-year basis. During the same quarter in the previous year, the business 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 Wall Street analysts have issued twelve-month price objectives for Huntington Bancshares' shares. Their forecasts range from $14.00 to $20.00. On average, they anticipate Huntington Bancshares' stock price to reach $17.0263 in the next year. This suggests a possible upside of 14.1% 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 in 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 trading volume of 8,933,598 shares, the days-to-cover ratio is currently 1.3 days. Currently, 1.1% of the shares of the stock are short sold. 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 coverage about HBAN stock has trended positive this week, Accern reports. The research firm identifies negative and positive press coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Huntington Bancshares earned a news impact score of 0.25 on Accern's scale. They also gave news stories about the bank an impact score of 45.70 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company's share price in the next few days.

Huntington Bancshares' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Bank of Montreal Can (0.46%), Miller Howard Investments Inc. NY (0.46%), CHURCHILL MANAGEMENT Corp (0.08%), Retirement Systems of Alabama (0.05%), Park National Corp OH (0.03%) and Gulf International Bank UK Ltd (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, State of Alaska Department of Revenue, CHURCHILL MANAGEMENT Corp, Fox Run Management L.L.C. and Park National Corp OH. 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 $14.92.

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]