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

Horizon Bancorp's stock was trading at $12.02 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, HBNC shares have decreased by 19.9% and is now trading at $9.63. View which stocks have been mosted impacted by Coronavirus.

Horizon Bancorp is scheduled to release its next quarterly earnings announcement on Wednesday, April 22nd 2020. View our earnings forecast for Horizon Bancorp.

Horizon Bancorp Inc (NASDAQ:HBNC) posted its quarterly earnings data on Wednesday, January, 29th. The financial services provider reported $0.41 EPS for the quarter, missing the Zacks' consensus estimate of $0.42 by $0.01. The financial services provider earned $53.45 million during 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 10.99%. View Horizon Bancorp's earnings history.

Horizon Bancorp declared a quarterly dividend on Friday, March 20th. Investors of record on Friday, April 3rd will be given a dividend of $0.12 per share on Friday, April 17th. This represents a $0.48 annualized dividend and a dividend yield of 4.98%. The ex-dividend date is Thursday, April 2nd. 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 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.

News coverage about HBNC stock has been trending negative recently, according to InfoTrie. InfoTrie identifies negative and positive press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Horizon Bancorp earned a daily sentiment score of -2.8 on InfoTrie's scale. They also gave media stories about the financial services provider a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View the latest news aboutHorizon Bancorp.

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

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

Horizon Bancorp's stock is owned by many different retail and institutional investors. Top institutional shareholders 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 Dennis Kuhn, Mark E Secor, and Michele M Magnuson. View insider buying and selling activity for Horizon Bancorp.

HBNC stock was purchased 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, Nuveen Asset Management LLC, and Valeo Financial Advisors 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 activity 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 $9.63.

Horizon Bancorp has a market capitalization of $431.33 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.