NASDAQ:HBNC

Horizon Bancorp Stock Forecast, Price & News

$16.80
-0.04 (-0.24 %)
(As of 07/29/2021 12:00 AM ET)
Add
Compare
Today's Range
$16.72
$17.08
50-Day Range
$15.83
$18.50
52-Week Range
$9.42
$20.17
Volume92,326 shs
Average Volume119,834 shs
Market Capitalization$738.34 million
P/E Ratio9.60
Dividend Yield3.09%
Beta1.3
30 days | 90 days | 365 days | Advanced Chart
Receive HBNC News and Ratings via Email

Sign-up to receive the latest news and ratings for Horizon Bancorp and its competitors with MarketBeat's FREE daily newsletter.


Horizon Bancorp logo

About Horizon Bancorp

Horizon Bancorp, Inc. operates as the bank holding company for Horizon Bank that provides a range of commercial and retail banking services. The company offers demand and time deposits. It also provides commercial, residential real estate, mortgage warehouse, and consumer loans. In addition, the company offers corporate and individual trust and agency, investment management, and real estate investment trust services; and sells various insurance products. It operates through a network of 73 full-service offices in northern and central Indiana and southern and central Michigan. Horizon Bancorp, Inc. was founded in 1873 and is headquartered in Michigan City, Indiana.

Headlines

See More Headlines

Industry, Sector and Symbol

Sales & Book Value

Profitability

Debt

Price-To-Earnings

Miscellaneous


MarketRank

Overall MarketRank

2.33 out of 5 stars

Finance Sector

207th out of 2,043 stocks

State Commercial Banks Industry

44th out of 315 stocks

Analyst Opinion: 2.5Community Rank: 3.1Dividend Strength: 2.5Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 -
speech bubbles
speech bubbles











Horizon Bancorp (NASDAQ:HBNC) Frequently Asked Questions

Is Horizon Bancorp a buy right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Horizon Bancorp in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Horizon Bancorp stock.
View analyst ratings for Horizon Bancorp
or view top-rated stocks.

What stocks does MarketBeat like better than Horizon Bancorp?

Wall Street analysts have given Horizon Bancorp a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Horizon Bancorp wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Horizon Bancorp?

Horizon Bancorp saw a drop in short interest in the month of June. As of June 30th, there was short interest totaling 301,000 shares, a drop of 35.4% from the June 15th total of 465,800 shares. Based on an average trading volume of 111,400 shares, the days-to-cover ratio is currently 2.7 days. Approximately 0.8% of the company's shares are short sold.
View Horizon Bancorp's Short Interest
.

When is Horizon Bancorp's next earnings date?

Horizon Bancorp is scheduled to release its next quarterly earnings announcement on Wednesday, October 27th 2021.
View our earnings forecast for Horizon Bancorp
.

How were Horizon Bancorp's earnings last quarter?

Horizon Bancorp, Inc. (NASDAQ:HBNC) announced its earnings results on Monday, July, 26th. The financial services provider reported $0.50 earnings per share for the quarter, beating the consensus estimate of $0.44 by $0.06. Horizon Bancorp had a trailing twelve-month return on equity of 11.44% and a net margin of 29.41%.
View Horizon Bancorp's earnings history
.

How has Horizon Bancorp's stock been impacted by Coronavirus?

Horizon Bancorp's stock was trading at $12.02 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, HBNC stock has increased by 39.8% and is now trading at $16.80.
View which stocks have been most impacted by COVID-19
.

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

Horizon Bancorp declared a quarterly dividend on Wednesday, June 23rd. Investors of record on Friday, July 2nd will be paid a dividend of $0.13 per share on Friday, July 16th. This represents a $0.52 dividend on an annualized basis and a yield of 3.10%. The ex-dividend date of this dividend is Thursday, July 1st.
View Horizon Bancorp's dividend history
.

Is Horizon Bancorp a good dividend stock?

Horizon Bancorp pays an annual dividend of $0.52 per share and currently has a dividend yield of 3.09%. Horizon Bancorp does not yet have a strong track record of dividend growth. The dividend payout ratio of Horizon Bancorp is 33.99%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Horizon Bancorp will have a dividend payout ratio of 29.21% next year. This indicates that Horizon Bancorp will be able to sustain or increase its dividend.
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 before market open 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.

What price target have analysts set for HBNC?

1 Wall Street analysts have issued twelve-month price targets for Horizon Bancorp's shares. Their forecasts range from $20.00 to $20.00. On average, they anticipate Horizon Bancorp's share price to reach $20.00 in the next twelve months. This suggests a possible upside of 19.0% from the stock's current price.
View analysts' price targets for Horizon Bancorp
or view top-rated stocks among Wall Street analysts.

Who are Horizon Bancorp's key executives?

Horizon Bancorp's management team includes the following people:
  • Mr. Craig M. Dwight, Chairman & CEO (Age 64, Pay $1.02M)
  • Mr. James D. Neff, Pres (Age 61, Pay $623.82k)
  • Mr. Mark E. Secor CPA, Exec. VP, CFO, Chief Accounting Officer & Treasurer (Age 55, Pay $482.33k)
  • Ms. Kathie A. DeRuiter, Exec. VP & Sr. Bank Operations Officer (Age 59, Pay $408.24k)
  • Mr. Dennis J. Kuhn, Exec. VP & Chief Commercial Banking Officer (Age 61, Pay $377.32k)
  • Mr. Todd A. Etzler, Exec. VP, Corp. Sec. & Gen. Counsel (Age 54)
  • Mr. Daniel R. Buresh, Asst. Chief Accounting Officer & Asst. Treasurer (Age 62)
  • Ms. Lynn M. Kerber, Exec. VP & Sr. Commercial Credit Officer (Age 52)

What is Craig M. Dwight's approval rating as Horizon Bancorp's CEO?

8 employees have rated Horizon Bancorp CEO Craig M. Dwight on Glassdoor.com. Craig M. Dwight has an approval rating of 86% among Horizon Bancorp's employees.

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 Altria Group (MO), AT&T (T), AllianceBernstein (AB), ONEOK (OKE), AbbVie (ABBV), Enbridge (ENB), Enterprise Products Partners (EPD), Energy Transfer (ET), Huntington Bancshares (HBAN) and International Paper (IP).

What is Horizon Bancorp's stock symbol?

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

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Horizon Bancorp's stock price today?

One share of HBNC stock can currently be purchased for approximately $16.80.

How much money does Horizon Bancorp make?

Horizon Bancorp has a market capitalization of $738.34 million and generates $265 million in revenue each year. The financial services provider earns $68.50 million in net income (profit) each year or $1.53 on an earnings per share basis.

How many employees does Horizon Bancorp have?

Horizon Bancorp employs 761 workers across the globe.

What is Horizon Bancorp's official website?

The official website for Horizon Bancorp is www.horizonbank.com.

Where are Horizon Bancorp's headquarters?

Horizon Bancorp is headquartered at 515 FRANKLIN STREET, MICHIGAN CITY IN, 46360.

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.


This page was last updated on 7/30/2021 by MarketBeat.com Staff
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2021. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information

© 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research.