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. Shareholders 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 2.39%. The ex-dividend date is Thursday, October 4th. View Horizon Bancorp's Dividend History.

Shares of Horizon Bancorp 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) issued its quarterly earnings results on Monday, October, 29th. The financial services provider reported $0.32 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.38 by $0.06. The financial services provider earned $42.46 million during 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 1-year target prices for Horizon Bancorp's shares. Their predictions range from $19.6667 to $24.00. On average, they expect Horizon Bancorp's stock price to reach $21.75 in the next twelve months. This suggests a possible upside of 29.8% 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.

Press coverage about HBNC stock has been trending somewhat positive this week, according to InfoTrie Sentiment. The research firm identifies negative and positive media coverage by monitoring 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 1.1 on InfoTrie's scale. They also assigned news stories 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 immediate future.

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

Horizon Bancorp's stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (5.73%), Advisory Research Inc. (4.38%), The Manufacturers Life Insurance Company (4.34%), Dimensional Fund Advisors LP (4.07%), Epoch Investment Partners Inc. (2.84%) and Renaissance Technologies LLC (2.52%). 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., JPMorgan Chase & Co., Epoch Investment Partners Inc., Credit Suisse AG, Morgan Stanley and Prudential Financial Inc.. 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, Larry N Middleton, Mark E Secor and Michele M Thompson. 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, 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 $16.76.

Horizon Bancorp has a market capitalization of $641.90 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.