NASDAQ:HBNC - Horizon Bancorp Stock Price, Forecast & News

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

Horizon Bancorp announced a -- dividend on Monday, September 23rd. Shareholders of record on Friday, October 4th will be given a dividend of $0.12 per share on Friday, October 18th. This represents a yield of 2.7%. The ex-dividend date of this dividend is Thursday, October 3rd. View Horizon Bancorp's Dividend History.

Horizon Bancorp's stock split on the morning of Monday, June 18th 2018. The 3-2 split was announced on Wednesday, May 16th 2018. The newly issued shares were issued to shareholders after the closing bell 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.

Horizon Bancorp Inc (NASDAQ:HBNC) issued its quarterly earnings results on Wednesday, October, 23rd. The financial services provider reported $0.46 EPS for the quarter, topping the consensus estimate of $0.42 by $0.04. The financial services provider earned $54.98 million during the quarter, compared to the consensus estimate of $53.55 million. Horizon Bancorp had a net margin of 25.66% and a return on equity of 10.74%. View Horizon Bancorp's Earnings History.

Horizon Bancorp is scheduled to release their next quarterly earnings announcement on Tuesday, February 4th 2020. View Earnings Estimates for Horizon Bancorp.

1 equities research analysts have issued 1-year price targets for Horizon Bancorp's stock. Their forecasts range from $20.00 to $20.00. On average, they anticipate Horizon Bancorp's share price to reach $20.00 in the next year. This suggests a possible upside of 6.5% from the stock's current price. View Analyst Price Targets for Horizon Bancorp.

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Horizon Bancorp in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Horizon Bancorp.

Media stories about HBNC stock have trended extremely negative recently, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Horizon Bancorp earned a coverage optimism score of -4.3 on InfoTrie's scale. They also assigned news articles about the financial services provider a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the company's share price in the immediate future. View News Stories for Horizon Bancorp.

Horizon Bancorp saw a decline in short interest in the month of November. As of November 15th, there was short interest totalling 428,200 shares, a decline of 5.9% from the October 31st total of 454,900 shares. Based on an average daily trading volume, of 83,300 shares, the days-to-cover ratio is currently 5.1 days. Currently, 1.1% of the shares of the stock are short sold. View Horizon Bancorp's Current Options Chain.

Some companies that are related to Horizon Bancorp include PNC Financial Services Group (PNC), BB&T (BBT), SunTrust Banks (STI), M&T Bank (MTB), Fifth Third Bancorp (FITB), KeyCorp (KEY), First Republic Bank (FRC), Regions Financial (RF), Huntington Bancshares (HBAN), SVB Financial Group (SIVB), Zions Bancorporation NA (ZION), Commerce Bancshares (CBSH), Signature Bank (SBNY), East West Bancorp (EWBC) and BOK Financial (BOKF).

Based on aggregate information from My MarketBeat watchlists, some companies that other Horizon Bancorp investors own include AllianceBernstein (AB), Intuit (INTU), Walt Disney (DIS), 3M (MMM), Altria Group (MO), Analog Devices (ADI), Broadcom (AVGO), Intel (INTC), J B Hunt Transport Services (JBHT) and Landstar System (LSTR).

Horizon Bancorp's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include State Street Corp (1.87%), Foundry Partners LLC (0.60%), Tradition Asset Management LLC (0.35%), Stifel Financial Corp (0.30%), Millennium Management LLC (0.28%) and California Public Employees Retirement System (0.16%). Company insiders that own Horizon Bancorp stock include Craig M Dwight, Dennis Kuhn, Eric P Blackhurst, James D Neff, Kathie A Deruiter, Larry N Middleton, Mark E Secor, Michele M Magnuson, Michele M Thompson and Steven William Reed. View Institutional Ownership Trends for Horizon Bancorp.

HBNC stock was sold by a variety of institutional investors in the last quarter, including Valeo Financial Advisors LLC, Windsor Group LTD, Foundry Partners LLC, Millennium Management LLC, First Trust Advisors LP and Barclays PLC. Company insiders that have sold Horizon Bancorp company stock in the last year include Mark E Secor and Michele M Magnuson. View Insider Buying and Selling for Horizon Bancorp.

HBNC stock was acquired by a variety of institutional investors in the last quarter, including State Street Corp, Russell Investments Group Ltd., Municipal Employees Retirement System of Michigan, Capital Asset Advisory Services LLC, California Public Employees Retirement System, Tradition Asset Management LLC, Rhumbline Advisers and Stifel Financial Corp. Company insiders that have bought Horizon Bancorp stock in the last two years include Eric P Blackhurst, James D Neff and Steven William Reed. View Insider Buying and Selling for Horizon Bancorp.

Shares of HBNC 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, Robinhood, Fidelity and Charles Schwab.

One share of HBNC stock can currently be purchased for approximately $18.78.

Horizon Bancorp has a market capitalization of $844.54 million and generates $200.58 million in revenue each year. The financial services provider earns $53.12 million in net income (profit) each year or $1.27 on an earnings per share basis. Horizon Bancorp employs 716 workers across the globe.View Additional Information About Horizon Bancorp.

The official website for Horizon Bancorp is http://www.horizonbank.com/.

Horizon Bancorp's mailing address is 515 FRANKLIN STREET, MICHIGAN CITY IN, 46360. The financial services provider can be reached via phone at 219-879-0211.