Horizon Bancorp Stock Forecast, Price & News

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Horizon Bancorp in the last twelve months. There are currently 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "strong buy" Horizon Bancorp stock.
View analyst ratings for Horizon Bancorp or view top-rated stocks.

1 equities research analysts have issued twelve-month price objectives for Horizon Bancorp's stock. Their HBNC stock forecasts range from $25.00 to $25.00. On average, they expect Horizon Bancorp's stock price to reach $25.00 in the next twelve months. This suggests a possible upside of 41.5% from the stock's current price.
View analysts' price targets for Horizon Bancorp or view top-rated stocks among Wall Street analysts.

Horizon Bancorp's stock was trading at $20.85 at the start of the year. Since then, HBNC stock has decreased by 15.3% and is now trading at $17.67.
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Horizon Bancorp is scheduled to release its next quarterly earnings announcement on Wednesday, July 27th 2022.
View our earnings forecast for Horizon Bancorp.

Horizon Bancorp will be holding an earnings conference call on Thursday, July 28th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-0088 with passcode "7261627".

Horizon Bancorp, Inc. (NASDAQ:HBNC) announced its quarterly earnings data on Wednesday, April, 27th. The financial services provider reported $0.54 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.47 by $0.07. The financial services provider earned $62.33 million during the quarter, compared to analyst estimates of $60.20 million. Horizon Bancorp had a trailing twelve-month return on equity of 13.14% and a net margin of 34.35%. During the same quarter last year, the business posted $0.46 EPS.
View Horizon Bancorp's earnings history.

Horizon Bancorp declared a quarterly dividend on Friday, June 24th. Stockholders of record on Friday, July 8th will be given a dividend of $0.16 per share on Friday, July 22nd. This represents a $0.64 annualized dividend and a dividend yield of 3.62%. The ex-dividend date is Thursday, July 7th. This is a positive change from Horizon Bancorp's previous quarterly dividend of $0.15.
View Horizon Bancorp's dividend history.

Horizon Bancorp(NASDAQ:HBNC) pays an annual dividend of $0.60 per share and currently has a dividend yield of 3.36%. Horizon Bancorp has been increasing its dividend for 13 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of Horizon Bancorp is 29.27%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Horizon Bancorp will have a dividend payout ratio of 25.64% next year. This indicates that Horizon Bancorp will be able to sustain or increase its dividend.
View Horizon Bancorp's dividend history.

Horizon Bancorp shares split on Monday, June 18th 2018. The 3-2 split was announced on Wednesday, May 16th 2018. The newly minted shares were payable to shareholders after the market closes on Friday, June 15th 2018. An investor that had 100 shares of Horizon Bancorp stock prior to the split would have 150 shares after the split.

8 employees have rated Horizon Bancorp CEO Craig M. Dwight on Glassdoor.com. Craig M. Dwight has an approval rating of 86% among Horizon Bancorp's employees.

Some companies that are related to Horizon Bancorp include The PNC Financial Services Group (PNC), Truist Financial (TFC), M&T Bank (MTB), First Republic Bank (FRC), SVB Financial Group (SIVB), Fifth Third Bancorp (FITB), Regions Financial (RF), Huntington Bancshares (HBAN), KeyCorp (KEY), First Horizon (FHN), Signature Bank (SBNY), First Citizens BancShares (FCNCA), East West Bancorp (EWBC), Commerce Bancshares (CBSH) and Western Alliance Bancorporation (WAL).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Horizon Bancorp investors own include Altria Group (MO), AT&T (T), AllianceBernstein (AB), ONEOK (OKE), AbbVie (ABBV), Enbridge (ENB), Enterprise Products Partners (EPD), Energy Transfer (ET), Huntington Bancshares (HBAN) and International Paper (IP).

Horizon Bancorp trades on the NASDAQ under the ticker symbol "HBNC."

Shares of HBNC 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 HBNC stock can currently be purchased for approximately $17.67.

Horizon Bancorp (NASDAQ:HBNC) has a market capitalization of $769.88 million and generates $257.95 million in revenue each year. The financial services provider earns $87.09 million in net income (profit) each year or $2.05 on an earnings per share basis.

Horizon Bancorp employs 843 workers across the globe.

Horizon Bancorp was founded in 1873.

Horizon Bancorp's mailing address is 515 FRANKLIN STREET, MICHIGAN CITY IN, 46360. The official website for Horizon Bancorp is www.horizonbank.com. The financial services provider can be reached via phone at (219) 879-0211 or via fax at 219-874-9305.