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

$15.93
-0.37 (-2.27 %)
(As of 08/25/2019 09:43 AM ET)
Today's Range
$15.91
Now: $15.93
$16.35
50-Day Range
$15.98
MA: $16.47
$17.71
52-Week Range
$14.79
Now: $15.93
$20.98
Volume125,463 shs
Average Volume84,194 shs
Market Capitalization$717.81 million
P/E Ratio11.81
Dividend Yield2.94%
Beta0.95
Horizon Bancorp, Inc operates as the bank holding company for Horizon Bank that provides commercial and retail banking services. The company offers demand and time deposits. Its loan portfolio comprises commercial, residential real estate, mortgage warehouse, and consumer loans. The company also provides corporate and individual trust and agency, investment management, and real estate investment trust services; and sells various insurance products. Read More…

Industry, Sector and Symbol

Industry State commercial banks
Sub-IndustryRegional Banks
SectorFinance
Current SymbolNASDAQ:HBNC
CUSIP44040710
Phone219-879-0211

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$200.58 million
Cash Flow$1.5679 per share
Book Value$13.90 per share

Profitability

Net Income$53.12 million

Miscellaneous

Employees716
Market Cap$717.81 million
Next Earnings Date11/4/2019 (Estimated)
OptionableOptionable

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Horizon Bancorp (NASDAQ:HBNC) Frequently Asked Questions

What is Horizon Bancorp's stock symbol?

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

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

Horizon Bancorp announced a quarterly dividend on Wednesday, June 19th. Stockholders of record on Friday, July 5th will be given a dividend of $0.12 per share on Friday, July 19th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 3.01%. The ex-dividend date of this dividend is Wednesday, July 3rd. This is an increase from Horizon Bancorp's previous quarterly dividend of $0.10. 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 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 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.

How were Horizon Bancorp's earnings last quarter?

Horizon Bancorp Inc (NASDAQ:HBNC) issued its quarterly earnings results on Wednesday, April, 24th. The financial services provider reported $0.34 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.33 by $0.01. The financial services provider earned $42.99 million during the quarter, compared to the consensus estimate of $41.93 million. Horizon Bancorp had a net margin of 24.17% and a return on equity of 10.10%. View Horizon Bancorp's Earnings History.

When is Horizon Bancorp's next earnings date?

Horizon Bancorp is scheduled to release their next quarterly earnings announcement on Monday, November 4th 2019. View Earnings Estimates for Horizon Bancorp.

What price target have analysts set for HBNC?

2 brokerages have issued 12-month price targets for Horizon Bancorp's shares. Their forecasts range from $20.00 to $20.00. On average, they expect Horizon Bancorp's stock price to reach $20.00 in the next year. This suggests a possible upside of 25.5% from the stock's current price. View Analyst Price Targets for Horizon Bancorp.

What is the consensus analysts' recommendation for Horizon Bancorp?

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

Has Horizon Bancorp been receiving favorable news coverage?

Media stories about HBNC stock have been trending positive recently, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive news coverage by reviewing more than six thousand blog and news sources. 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 sentiment score of 2.5 on InfoTrie's scale. They also gave media stories about the financial services provider a news buzz of 6.0 out of 10, indicating that recent news coverage is somewhat likely to have an effect on the company's share price in the next few days. View News Stories for Horizon Bancorp.

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 AllianceBernstein (AB), Intuit (INTU), Malibu Boats (MBUU), Anadarko Petroleum (APC), Brown-Forman (BF.B), Walt Disney (DIS), Dynex Capital (DX), Jagged Peak Energy (JAG), LaSalle Hotel Properties (LHO) and 3M (MMM).

Who are Horizon Bancorp's key executives?

Horizon Bancorp's management team includes the folowing people:
  • Mr. Craig M. Dwight, Chairman & CEO (Age 62)
  • Mr. James D. Neff, Pres (Age 59)
  • Mr. Mark E. Secor, Exec. VP & CFO (Age 53)
  • Ms. Kathie A. DeRuiter, Exec. VP (Age 57)
  • Mr. Dennis J. Kuhn, Exec. VP (Age 59)

Who are Horizon Bancorp's major shareholders?

Horizon Bancorp's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (5.13%), Vanguard Group Inc. (3.85%), Renaissance Technologies LLC (2.44%), Rhenman & Partners Asset Management AB (2.41%), Northern Trust Corp (1.05%) and Jacobs Asset Management LLC (0.95%). 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 Thompson, Steven William Reed and Thomas H Edwards. View Institutional Ownership Trends for Horizon Bancorp.

Which institutional investors are selling Horizon Bancorp stock?

HBNC stock was sold by a variety of institutional investors in the last quarter, including Jacobs Asset Management LLC, Vanguard Group Inc., Invesco Ltd., Morgan Stanley, Aperio Group LLC, 1ST Source Bank, Wells Fargo & Company MN and LSV Asset Management. View Insider Buying and Selling for Horizon Bancorp.

Which institutional investors are buying Horizon Bancorp stock?

HBNC stock was acquired by a variety of institutional investors in the last quarter, including Rhenman & Partners Asset Management AB, Nuveen Asset Management LLC, BlackRock Inc., Renaissance Technologies LLC, Natixis Advisors L.P., Northern Trust Corp, D. E. Shaw & Co. Inc. and Bank of America Corp DE. 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.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Horizon Bancorp's stock price today?

One share of HBNC stock can currently be purchased for approximately $15.93.

How big of a company is Horizon Bancorp?

Horizon Bancorp has a market capitalization of $717.81 million and generates $200.58 million in revenue each year. The financial services provider earns $53.12 million in net income (profit) each year or $1.27 on an earnings per share basis. Horizon Bancorp employs 716 workers across the globe.View Additional Information About Horizon Bancorp.

What is Horizon Bancorp's official website?

The official website for Horizon Bancorp is http://www.horizonbank.com/.

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.


MarketBeat Community Rating for Horizon Bancorp (NASDAQ HBNC)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  240 (Vote Outperform)
Underperform Votes:  293 (Vote Underperform)
Total Votes:  533
MarketBeat's community ratings are surveys of what our community members think about Horizon Bancorp and other stocks. Vote "Outperform" if you believe HBNC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe HBNC will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 8/25/2019 by MarketBeat.com Staff

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