NASDAQ:HBNC - Horizon Bancorp Stock Price, Price Target & More

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

Horizon Bancorp announced a quarterly dividend on Friday, June 22nd. Shareholders of record on Friday, July 6th will be given a dividend of $0.10 per share on Friday, July 20th. This represents a $0.40 annualized dividend and a yield of 1.91%. The ex-dividend date is Thursday, July 5th. View Horizon Bancorp's Dividend History.

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 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 quarterly earnings data on Wednesday, April, 25th. The financial services provider reported $0.29 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.32 by $0.03. The financial services provider had revenue of $41.73 million for the quarter, compared to analyst estimates of $40.63 million. Horizon Bancorp had a net margin of 21.79% and a return on equity of 9.53%. View Horizon Bancorp's Earnings History.

Horizon Bancorp is scheduled to release their next quarterly earnings announcement on Thursday, July, 26th 2018. View Earnings Estimates for Horizon Bancorp.

2 analysts have issued twelve-month target prices for Horizon Bancorp's stock. Their forecasts range from $19.6667 to $23.3333. On average, they anticipate Horizon Bancorp's stock price to reach $21.50 in the next twelve months. This suggests a possible upside of 2.9% from the stock's current price. View Analyst Ratings for Horizon Bancorp.

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

Some companies that are related to Horizon Bancorp include Bancorpsouth Bank (BXS), Columbia Banking System (COLB), International Bancshares (IBOC), Union Bankshares (UBSH), CVB Financial (CVBF), United Community Banks (UCBI), Great Western Bancorp (GWB), First Interstate BancSystem (FIBK), TowneBank (TOWN), ServisFirst Bancshares (SFBS), Independent Bank (INDB), Renasant (RNST), Hilltop (HTH), Banner (BANR) and Ameris Bancorp (ABCB).

News stories about HBNC stock have trended somewhat positive this week, according to Accern. Accern identifies negative and positive news coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Horizon Bancorp earned a daily sentiment score of 0.07 on Accern's scale. They also assigned headlines about the financial services provider an impact score of 46.00 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company's share price in the near future.

Horizon Bancorp's stock is owned by a number of of institutional and retail investors. Top institutional investors include Foundry Partners LLC (0.81%), CX Institutional (0.09%), Sabal Trust CO (0.07%), Professional Planning (0.06%), Indiana Trust & Investment Management CO (0.06%) and Bedel Financial Consulting Inc. (0.03%). 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, Mark E Secor, Maurice F Winkler III, Michele M Thompson and Thomas H Edwards. View Institutional Ownership Trends for Horizon Bancorp.

HBNC stock was acquired by a variety of institutional investors in the last quarter, including Foundry Partners LLC, CX Institutional, Indiana Trust & Investment Management CO, Sabal Trust CO, Professional Planning and Bedel Financial Consulting Inc.. Company insiders that have bought Horizon Bancorp stock in the last two years include Eric P Blackhurst and Maurice F Winkler III. 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 $20.90.

Horizon Bancorp has a market capitalization of $792.72 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.

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.