NASDAQ:HBNC Horizon Bancorp Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Horizon Bancorp, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $17.67 -0.21 (-1.17%) (As of 07/5/2022 05:45 PM ET) Add Compare Share Today's Range$17.29▼$17.9650-Day Range$16.72▼$18.2952-Week Range$15.66▼$23.80Volume72,868 shsAverage Volume153,485 shsMarket Capitalization$769.88 millionP/E Ratio8.62Dividend Yield3.36%Price Target$25.00 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Horizon Bancorp MarketRank™ ForecastAnalyst RatingStrong Buy4.00 Rating ScoreUpside/Downside41.5% Upside$25.00 Price TargetShort InterestHealthy1.76% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-0.61Upright™ Environmental ScoreNews Sentiment0.86Based on 11 Articles This WeekInsider TradingN/AProj. Earnings Growth7.83%From $2.17 to $2.34 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as 30% analysis score, 20% valuation score, 10% short interest score, 10% dividend score, 10% sustainability score, 10% news and social score, and 10% insider trading score.2.61 out of 5 starsFinance Sector195th out of 1,389 stocksState Commercial Banks Industry51st out of 242 stocks 2.0 Analyst's Opinion Price Target Upside/DownsideAccording to analysts' consensus price target of $25.00, Horizon Bancorp has a forecasted upside of 41.5% from its current price of $17.67.Amount of Analyst CoverageHorizon Bancorp has received no research coverage in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted1.76% of the float of Horizon Bancorp has been sold short.Short Interest Ratio / Days to CoverHorizon Bancorp has a short interest ratio ("days to cover") of 4.2.Change versus previous monthShort interest in Horizon Bancorp has recently decreased by 18.39%, indicating that investor sentiment is improving significantly. Previous Next 4.2 Dividend Strength Dividend YieldHorizon Bancorp pays a meaningful dividend of 3.36%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthHorizon Bancorp has been increasing its dividend for 13 years.Dividend CoverageThe dividend payout ratio of Horizon Bancorp is 29.27%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased 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. Previous Next 2.5 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreHorizon Bancorp has received a 37.31% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Retirement saving services", "Cash withdrawal services", "Mortgages provided by brick and mortar banks", "Mortgage loans for corporations", "Home equity loans", and "Payment platform" products. See details.Environmental SustainabilityThe Environmental Impact score for Horizon Bancorp is -0.61. Previous Next 3.8 News and Social Media Coverage News SentimentHorizon Bancorp has a news sentiment score of 0.86. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.67 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 11 news articles for Horizon Bancorp this week, compared to 1 article on an average week.Search Interest6 people have searched for HBNC on MarketBeat in the last 30 days. This is an increase of 20% compared to the previous 30 days.MarketBeat Follows4 people have added Horizon Bancorp to their MarketBeat watchlist in the last 30 days. This is an increase of 33% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Horizon Bancorp insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 3.52% of the stock of Horizon Bancorp is held by insiders.Percentage Held by Institutions54.39% of the stock of Horizon Bancorp is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Horizon Bancorp are expected to grow by 7.83% in the coming year, from $2.17 to $2.34 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Horizon Bancorp is 8.62, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 84.08.Price to Earnings Ratio vs. SectorThe P/E ratio of Horizon Bancorp is 8.62, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 94.61.Price to Book Value per Share RatioHorizon Bancorp has a P/B Ratio of 1.06. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive HBNC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Horizon Bancorp and its competitors with MarketBeat's FREE daily newsletter. Email Address About Horizon Bancorp (NASDAQ:HBNC) StockHorizon Bancorp, Inc. operates as the bank holding company for Horizon Bank that provides a range of commercial and retail banking services. The company offers various deposits. It also provides commercial, residential real estate, mortgage warehouse, and consumer loans. In addition, the company offers corporate and individual trust and agency, investment management, and real estate investment trust services; and sells various insurance products. It operates through a network of 78 full-service offices in northern and central Indiana and southern and central Michigan. Horizon Bancorp, Inc. was founded in 1873 and is headquartered in Michigan City, Indiana.Read More HBNC Stock News HeadlinesJuly 5, 2022 | nasdaq.comEx-Dividend Reminder: Horizon Bancorp, Toronto Dominion Bank and Kite Realty Group TrustJuly 5, 2022 | americanbankingnews.comHorizon Bancorp, Inc. (HBNC) To Go Ex-Dividend on July 7thJuly 6, 2022 | RJO Futures (Ad)A One Stop Shop for Everything Futures TradingWhether you're looking to learn the basics of futures or are a seasoned vet looking to hone your trading skills, our Technical Analysis Guide has everything you need to succeed in today's futures markets! July 5, 2022 | americanbankingnews.comHorizon Bancorp, Inc. (HBNC) to Issue Quarterly Dividend of $0.16 on July 22ndJuly 4, 2022 | americanbankingnews.comHead to Head Survey: Horizon Bancorp (NASDAQ:HBNC) and First National Bank Alaska (OTCMKTS:FBAK)July 1, 2022 | stocknews.comThese 2 Buy-Rated Stocks Just Increased Their DividendsJune 30, 2022 | finance.yahoo.comHorizon Bancorp, Inc. Announces Earnings Conference Call to Review Second Quarter 2022 Results on July 28June 30, 2022 | finance.yahoo.comHorizon Bancorp, Inc. Announces Earnings Conference Call to Review Second Quarter 2022 Results on July 28July 6, 2022 | RJO Futures (Ad)A One Stop Shop for Everything Futures TradingWhether you're looking to learn the basics of futures or are a seasoned vet looking to hone your trading skills, our Technical Analysis Guide has everything you need to succeed in today's futures markets! June 30, 2022 | finance.yahoo.comHorizon Bancorp (NASDAQ:HBNC) Is Increasing Its Dividend To US$0.16June 24, 2022 | finance.yahoo.comHorizon Bancorp, Inc. Elects New Lead DirectorJune 24, 2022 | finance.yahoo.comHorizon Bancorp, Inc. Increases Quarterly Dividend by 6.67% to $0.16 per ShareJune 11, 2022 | americanbankingnews.comFinancial Analysis: Horizon Bancorp (NASDAQ:HBNC) versus Community Trust Bancorp (NASDAQ:CTBI)May 30, 2022 | finance.yahoo.comWall Street Analysts Think Horizon Bancorp (HBNC) Could Surge 29%: Read This Before Placing a BetMay 23, 2022 | finance.yahoo.comWhy Horizon Bancorp (HBNC) is a Top Dividend Stock for Your PortfolioMay 9, 2022 | seekingalpha.comHorizon Bancorp GAAP EPS of $0.25, revenue of $5.32MApril 28, 2022 | seekingalpha.comHorizon Bancorp, Inc. (HBNC) CEO Craig Dwight on Q1 2022 Results - Earnings Call TranscriptApril 27, 2022 | finance.yahoo.comHorizon Bancorp, Inc. Reports First Quarter 2022 EPS of $0.54 on Record Profitability, Higher Fees and Pre–Tax, Pre–Provision Net Income, and Organic Growth in Total, Commercial and Consumer LoansApril 27, 2022 | finance.yahoo.comHorizon Bancorp (HBNC) Q1 Earnings and Revenues Surpass EstimatesMarch 31, 2022 | finance.yahoo.comHorizon Bancorp, Inc. Announces Earnings Conference Call to Review First Quarter 2022 Results on April 28March 3, 2022 | finance.yahoo.comAre You Looking for a High-Growth Dividend Stock? Horizon Bancorp (HBNC) Could Be a Great ChoiceFebruary 18, 2022 | reuters.comHorizon Bancorp IncJanuary 26, 2022 | finance.yahoo.comHorizon Bancorp (HBNC) Q4 Earnings Top EstimatesJanuary 26, 2022 | finance.yahoo.comHorizon Bancorp, Inc. Announces Consumer and Commercial Banking Leadership Appointments and Retirement of Jim Neff, PresidentJanuary 25, 2022 | nasdaq.comBest Momentum Stocks to Buy for January 25thJanuary 20, 2022 | finance.yahoo.comZacks.com featured highlights include: Metropolitan Bank Holding Corp., Horizon Bancorp Inc., CBIZ Inc., Sensus Healthcare Inc. and Ocwen Financial CorpJanuary 19, 2022 | finance.yahoo.comHorizon Bancorp (HBNC) Reports Next Week: What to Know Ahead of the ReleaseSee More Headlines Industry, Sector and Symbol Stock ExchangeNASDAQ Industry State commercial banks Sub-IndustryRegional Banks SectorFinance Current SymbolNASDAQ:HBNC CUSIP44040710 CIK706129 Webwww.horizonbank.com Phone(219) 879-0211Fax219-874-9305Employees843Year Founded1873Company Calendar Ex-Dividend for 4/22 Dividend4/07/2022Dividend Payable4/22/2022Last Earnings4/27/2022Today7/05/2022Ex-Dividend for 7/22 Dividend7/07/2022Dividend Payable7/22/2022Next Earnings (Confirmed)7/27/2022Fiscal Year End12/31/2022Price Target and Rating Average Stock Price Forecast$25.00 High Stock Price Forecast$25.00 Low Stock Price Forecast$25.00 Forecasted Upside/Downside+41.5%Consensus RatingStrong Buy Rating Score (0-4)4 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$2.05 Trailing P/E Ratio8.62 Forward P/E Ratio8.14 P/E GrowthN/ANet Income$87.09 million Net Margins34.35% Pretax Margin40.22% Return on Equity13.14% Return on Assets1.30% Debt Debt-to-Equity Ratio1.25 Current Ratio0.65 Quick Ratio0.65 Sales & Book Value Annual Sales$257.95 million Price / Sales2.98 Cash Flow$2.50 per share Price / Cash Flow7.07 Book Value$16.62 per share Price / Book1.06Miscellaneous Outstanding Shares43,570,000Free Float42,039,000Market Cap$769.88 million OptionableOptionable Beta1.07 Social Links Horizon Bancorp Frequently Asked Questions Should I buy or sell Horizon Bancorp stock right now? 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. What is Horizon Bancorp's stock price forecast for 2022? 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. How has Horizon Bancorp's stock performed in 2022? 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. View the best growth stocks for 2022 here. When is Horizon Bancorp's next earnings date? Horizon Bancorp is scheduled to release its next quarterly earnings announcement on Wednesday, July 27th 2022. View our earnings forecast for Horizon Bancorp. How can I listen to Horizon Bancorp's earnings call? 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". How were Horizon Bancorp's earnings last quarter? 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. How often does Horizon Bancorp pay dividends? What is the dividend yield for Horizon Bancorp? 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. Is Horizon Bancorp a good dividend stock? 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. When did Horizon Bancorp's stock split? How did Horizon Bancorp's stock split work? 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. Who are Horizon Bancorp's key executives? Horizon Bancorp's management team includes the following people: Mr. Craig M. Dwight, Pres, Chairman & CEO (Age 65, Pay $1.12M)Mr. Mark E. Secor CPA, Exec. VP, CFO, Chief Accounting Officer & Treasurer (Age 56, Pay $541.97k)Ms. Kathie A. DeRuiter, Exec. VP & Sr. Bank Operations Officer (Age 60, Pay $463.83k) (LinkedIn Profile)Mr. Dennis J. Kuhn, Regional Pres for Southwest Michigan (Age 62, Pay $418.1k) (LinkedIn Profile)Mr. Todd A. Etzler, Exec. VP, Corp. Sec. & Gen. Counsel (Age 55)Amy Phares, PR Mang.Mr. Daniel R. Buresh, Asst. Chief Accounting Officer & Asst. Treasurer (Age 63)Ms. Lynn M. Kerber, Chief Commercial Banking Officer (Age 53)Mr. Chris A. Chatfield, VP & Sr. Commercial Loan OfficerMr. Noe S. Najera, Exec. VP (Age 51) What is Craig M. Dwight's approval rating as Horizon Bancorp's CEO? 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. Who are some of Horizon Bancorp's key competitors? 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). View all of HBNC's competitors. What other stocks do shareholders of Horizon Bancorp own? 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). What is Horizon Bancorp's stock symbol? Horizon Bancorp trades on the NASDAQ under the ticker symbol "HBNC." How do I buy shares of 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Horizon Bancorp's stock price today? One share of HBNC stock can currently be purchased for approximately $17.67. How much money does Horizon Bancorp make? 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. How many employees does Horizon Bancorp have? Horizon Bancorp employs 843 workers across the globe. When was Horizon Bancorp founded? Horizon Bancorp was founded in 1873. How can I contact Horizon Bancorp? 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. This page (NASDAQ:HBNC) was last updated on 7/6/2022 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. 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