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

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

Horizon Bancorp announced a quarterly dividend on Friday, September 21st. Stockholders of record on Friday, October 5th will be paid a dividend of $0.10 per share on Friday, October 19th. This represents a $0.40 annualized dividend and a dividend yield of 2.50%. The ex-dividend date is Thursday, October 4th. View Horizon Bancorp's Dividend History.

Horizon Bancorp's stock split before market open on Monday, June 18th 2018. The 3-2 split was announced on Wednesday, May 16th 2018. The newly created shares were distributed 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.

Horizon Bancorp Inc (NASDAQ:HBNC) issued its earnings results on Monday, October, 29th. The financial services provider reported $0.32 earnings per share for the quarter, missing the consensus estimate of $0.38 by $0.06. The financial services provider had revenue of $42.46 million for the quarter, compared to the consensus estimate of $43.43 million. Horizon Bancorp had a net margin of 24.49% and a return on equity of 10.28%. View Horizon Bancorp's Earnings History.

Horizon Bancorp is scheduled to release their next quarterly earnings announcement on Wednesday, January 23rd 2019. View Earnings Estimates for Horizon Bancorp.

4 analysts have issued twelve-month price objectives for Horizon Bancorp's stock. Their forecasts range from $19.6667 to $24.00. On average, they anticipate Horizon Bancorp's share price to reach $21.75 in the next year. This suggests a possible upside of 36.2% from the stock's current price. View Analyst Price Targets for Horizon Bancorp.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Horizon Bancorp in the last year. There are currently 1 hold rating and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Horizon Bancorp.

News articles about HBNC stock have been trending somewhat positive this week, according to InfoTrie. The research group rates the sentiment of media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Horizon Bancorp earned a news impact score of 1.8 on InfoTrie's scale. They also assigned media coverage about the financial services provider a news buzz of 3.0 out of 10, indicating that recent media coverage is unlikely to have an effect on the company's share price in the near term.

Some companies that are related to Horizon Bancorp include South State (SSB), First Interstate Bancsystem (FIBK), International Bancshares (IBOC), Union Bankshares (UBSH), Independent Bank (INDB), Great Western Bancorp (GWB), First Bancorp (FBP), Renasant (RNST), TowneBank (TOWN), Banner (BANR), ServisFirst Bancshares (SFBS), United Community Banks (UCBI), Eagle Bancorp (EGBN), Ameris Bancorp (ABCB) and Heartland Financial USA (HTLF).

Horizon Bancorp's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (5.73%), Advisory Research Inc. (4.38%), The Manufacturers Life Insurance Company (4.34%), Vanguard Group Inc. (4.30%), Vanguard Group Inc (4.30%) and Dimensional Fund Advisors LP (4.07%). Company insiders that own Horizon Bancorp stock include Craig M Dwight, David G Rose, Dennis Kuhn, Eric P Blackhurst, James D Neff, Kathie A Deruiter, Larry N Middleton, Mark E Secor, Maurice F Winkler III, Michele M Thompson, Steven William Reed and Thomas H Edwards. View Institutional Ownership Trends for Horizon Bancorp.

HBNC stock was sold by a variety of institutional investors in the last quarter, including First Trust Advisors LP, Pacific Ridge Capital Partners LLC, JPMorgan Chase & Co., Epoch Investment Partners Inc., Credit Suisse AG, Morgan Stanley, Prudential Financial Inc. and Foundry Partners LLC. Company insiders that have sold Horizon Bancorp company stock in the last year include Craig M Dwight, Dennis Kuhn, James D Neff, Kathie A Deruiter and Larry N Middleton. View Insider Buying and Selling for Horizon Bancorp.

HBNC stock was acquired by a variety of institutional investors in the last quarter, including Advisory Research Inc., Dimensional Fund Advisors LP, Indiana Trust & Investment Management CO, The Manufacturers Life Insurance Company , Comerica Bank, BlackRock Inc., Renaissance Technologies LLC and GSA Capital Partners LLP. Company insiders that have bought Horizon Bancorp stock in the last two years include Eric P Blackhurst, James D Neff, Maurice F Winkler III 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, Scottrade, Fidelity and Charles Schwab.

One share of HBNC stock can currently be purchased for approximately $15.9750.

Horizon Bancorp has a market capitalization of $628.85 million and generates $161.62 million in revenue each year. The financial services provider earns $33.11 million in net income (profit) each year or $1.02 on an earnings per share basis. Horizon Bancorp employs 701 workers across the globe.

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.