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Horizon Bancorp Stock Price, Forecast & Analysis (NASDAQ:HBNC)

$18.62
-0.05 (-0.27 %)
(As of 11/16/2019 08:00 AM ET)
Today's Range
$18.56
Now: $18.62
$18.83
50-Day Range
$16.62
MA: $17.77
$18.94
52-Week Range
$14.79
Now: $18.62
$19.14
Volume65,500 shs
Average Volume91,069 shs
Market Capitalization$837.34 million
P/E Ratio14.66
Dividend Yield2.57%
Beta0.98
Horizon Bancorp, Inc operates as the bank holding company for Horizon Bank that provides commercial and retail banking services. The company offers demand and time deposits. Its loan portfolio comprises commercial, residential real estate, mortgage warehouse, and consumer loans. The company also provides corporate and individual trust and agency, investment management, and real estate investment trust services; and sells various insurance products. Read More…

Industry, Sector and Symbol

Industry State commercial banks
Sub-IndustryRegional Banks
SectorFinance
Current SymbolNASDAQ:HBNC
CUSIP44040710
Phone219-879-0211

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$200.58 million
Cash Flow$1.60 per share
Book Value$14.29 per share

Profitability

Net Income$53.12 million

Miscellaneous

Employees716
Market Cap$837.34 million
Next Earnings Date2/4/2020 (Estimated)
OptionableOptionable

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Horizon Bancorp (NASDAQ:HBNC) Frequently Asked Questions

What is Horizon Bancorp's stock symbol?

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

How often does Horizon Bancorp pay dividends? What is the dividend yield for Horizon Bancorp?

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

When did Horizon Bancorp's stock split? How did Horizon Bancorp's stock split work?

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 created shares were payable 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.

How were Horizon Bancorp's earnings last quarter?

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

When is Horizon Bancorp's next earnings date?

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

What price target have analysts set for HBNC?

1 analysts have issued twelve-month price objectives for Horizon Bancorp's stock. Their forecasts range from $20.00 to $20.00. On average, they expect Horizon Bancorp's share price to reach $20.00 in the next year. This suggests a possible upside of 7.4% from the stock's current price. View Analyst Price Targets for Horizon Bancorp.

What is the consensus analysts' recommendation 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.

Has Horizon Bancorp been receiving favorable news coverage?

News articles about HBNC stock have been trending extremely negative on Sunday, InfoTrie Sentiment Analysis reports. The research firm ranks the sentiment of news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Horizon Bancorp earned a news sentiment score of -5.0 on InfoTrie's scale. They also gave media stories about the financial services provider a news buzz of 6.0 out of 10, meaning that recent news coverage is somewhat likely to have an effect on the stock's share price in the next few days. View News Stories for Horizon Bancorp.

Are investors shorting Horizon Bancorp?

Horizon Bancorp saw a drop in short interest during the month of October. As of October 31st, there was short interest totalling 428,200 shares, a drop of 5.9% from the September 30th total of 454,900 shares. Based on an average daily trading volume, of 83,300 shares, the days-to-cover ratio is presently 5.1 days. Currently, 1.1% of the company's stock are sold short. View Horizon Bancorp's Current Options Chain.

Who are some of Horizon Bancorp's key 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 AllianceBernstein (AB), Intuit (INTU), Malibu Boats (MBUU), Anadarko Petroleum (APC), Brown-Forman (BF.B), Walt Disney (DIS), Dynex Capital (DX), Jagged Peak Energy (JAG), LaSalle Hotel Properties (LHO) and 3M (MMM).

Who are Horizon Bancorp's key executives?

Horizon Bancorp's management team includes the folowing people:
  • Mr. Craig M. Dwight, Chairman & CEO (Age 62)
  • Mr. James D. Neff, Pres (Age 59)
  • Mr. Mark E. Secor, Exec. VP & CFO (Age 53)
  • Ms. Kathie A. DeRuiter, Exec. VP (Age 57)
  • Mr. Dennis J. Kuhn, Exec. VP (Age 59)

Who are Horizon Bancorp's major shareholders?

Horizon Bancorp's stock is owned by many different of retail and institutional investors. Top institutional investors include Foundry Partners LLC (0.60%), Tradition Asset Management LLC (0.35%), California Public Employees Retirement System (0.16%), Rhumbline Advisers (0.13%), Windsor Group LTD (0.11%) and First Trust Advisors LP (0.06%). 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 Thompson and Steven William Reed. View Institutional Ownership Trends for Horizon Bancorp.

Which major investors are selling Horizon Bancorp stock?

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 and First Trust Advisors LP. View Insider Buying and Selling for Horizon Bancorp.

Which major investors are buying Horizon Bancorp stock?

HBNC stock was purchased by a variety of institutional investors in the last quarter, including 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 Meeder Asset Management Inc.. 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.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is Horizon Bancorp's stock price today?

One share of HBNC stock can currently be purchased for approximately $18.62.

How big of a company is Horizon Bancorp?

Horizon Bancorp has a market capitalization of $837.34 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.

What is Horizon Bancorp's official website?

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

How can I contact Horizon Bancorp?

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.


MarketBeat Community Rating for Horizon Bancorp (NASDAQ HBNC)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  254 (Vote Outperform)
Underperform Votes:  315 (Vote Underperform)
Total Votes:  569
MarketBeat's community ratings are surveys of what our community members think about Horizon Bancorp and other stocks. Vote "Outperform" if you believe HBNC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe HBNC will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 11/17/2019 by MarketBeat.com Staff

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