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

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

Horizon Bancorp declared a quarterly dividend on Monday, December 23rd. Shareholders of record on Friday, January 3rd will be given a dividend of $0.12 per share on Friday, January 17th. This represents a $0.48 annualized dividend and a yield of 3.06%. The ex-dividend date of this dividend is Thursday, January 2nd. View Horizon Bancorp's Dividend History.

Horizon Bancorp shares 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 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) released its quarterly earnings data on Wednesday, January, 29th. The financial services provider reported $0.41 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.42 by $0.01. The financial services provider had revenue of $53.45 million for the quarter, compared to the consensus estimate of $53.92 million. Horizon Bancorp had a net margin of 26.47% and a return on equity of 11.12%. View Horizon Bancorp's Earnings History.

Horizon Bancorp is scheduled to release their next quarterly earnings announcement on Wednesday, April 22nd 2020. View Earnings Estimates for Horizon Bancorp.

Headlines about HBNC stock have trended extremely negative recently, InfoTrie Sentiment Analysis reports. InfoTrie ranks the sentiment of media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Horizon Bancorp earned a news impact score of -4.2 on InfoTrie's scale. They also gave 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 impact on the stock's share price in the next several days. View News Stories for Horizon Bancorp.

Horizon Bancorp saw a decrease in short interest in January. As of January 31st, there was short interest totalling 294,300 shares, a decrease of 12.0% from the January 15th total of 334,300 shares. Based on an average daily trading volume, of 84,200 shares, the days-to-cover ratio is presently 3.5 days. Currently, 0.8% of the company's shares are sold short. View Horizon Bancorp's Current Options Chain.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other Horizon Bancorp investors own include AllianceBernstein (AB), Altria Group (MO), Occidental Petroleum (OXY), AT&T (T), Domtar (UFS), Gilead Sciences (GILD), Intuit (INTU), Malibu Boats (MBUU), Pattern Energy Group (PEGI) and RealReal (REAL).

Horizon Bancorp's stock is owned by many different of retail and institutional investors. Top institutional investors include Advisory Research Inc. (4.01%), Renaissance Technologies LLC (2.59%), State Street Corp (1.94%), Geode Capital Management LLC (1.19%), Horizon Bancorp Inc. IN (1.12%) and Natixis Advisors L.P. (0.79%). 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 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 Hotchkis & Wiley Capital Management LLC, Foundry Partners LLC, Advisory Research Inc., Rothschild & Co. Asset Management US Inc., Prudential Financial Inc., New York State Common Retirement Fund, Tradition Asset Management LLC and Citigroup Inc.. 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 bought by a variety of institutional investors in the last quarter, including Horizon Bancorp Inc. IN, LSV Asset Management, Goldman Sachs Group Inc., Oxford Asset Management LLP, Bank of New York Mellon Corp, Thrivent Financial for Lutherans, Valeo Financial Advisors LLC and Pacific Ridge Capital Partners LLC. 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 $15.70.

Horizon Bancorp has a market capitalization of $706.03 million and generates $251.39 million in revenue each year. The financial services provider earns $66.54 million in net income (profit) each year or $1.64 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.