NASDAQ:HBNCHorizon Bancorp Stock Price, Forecast & News

Horizon Bancorp's stock was trading at $12.02 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, HBNC shares have decreased by 21.1% and is now trading at $9.48. View which stocks have been most impacted by Coronavirus.

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

Horizon Bancorp is scheduled to release its next quarterly earnings announcement on Wednesday, July 29th 2020. View our earnings forecast for Horizon Bancorp.

Horizon Bancorp will be holding an earnings conference call on Wednesday, July 29th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Horizon Bancorp Inc (NASDAQ:HBNC) posted its quarterly earnings results on Wednesday, April, 29th. The financial services provider reported $0.26 earnings per share for the quarter, missing analysts' consensus estimates of $0.30 by $0.04. The financial services provider earned $52.99 million during the quarter, compared to analysts' expectations of $52.18 million. Horizon Bancorp had a return on equity of 10.68% and a net margin of 25.81%. View Horizon Bancorp's earnings history.

Horizon Bancorp declared a quarterly dividend on Monday, June 15th. Shareholders of record on Friday, July 3rd will be paid a dividend of $0.12 per share on Friday, July 17th. This represents a $0.48 dividend on an annualized basis and a yield of 5.06%. The ex-dividend date is Wednesday, July 1st. 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 minted shares were issued 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.

1 Wall Street analysts have issued 12-month price targets for Horizon Bancorp's stock. Their forecasts range from $14.50 to $14.50. On average, they expect Horizon Bancorp's stock price to reach $14.50 in the next year. This suggests a possible upside of 53.0% from the stock's current price. View analysts' price targets for Horizon Bancorp.

News headlines about HBNC stock have been trending somewhat positive on Sunday, according to InfoTrie Sentiment Analysis. The research group ranks the sentiment of news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Horizon Bancorp earned a media sentiment score of 1.3 on InfoTrie's scale. They also gave news stories about the financial services provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View the latest news about Horizon Bancorp.

Some companies that are related to Horizon Bancorp include Truist Financial (TFC), PNC Financial Services Group (PNC), First Republic Bank (FRC), Fifth Third Bancorp (FITB), M&T Bank (MTB), KeyCorp (KEY), SVB Financial Group (SIVB), Regions Financial (RF), Huntington Bancshares (HBAN), Commerce Bancshares (CBSH), Signature Bank (SBNY), Zions Bancorporation NA (ZION), Prosperity Bancshares (PB), East West Bancorp (EWBC) and Cullen/Frost Bankers (CFR). View all competitors.

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), AbbVie (ABBV), Franklin Resources (BEN), Walt Disney (DIS), Eastman Chemical (EMN), Enbridge (ENB) and Gilead Sciences (GILD).

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 investors include Eidelman Virant Capital (0.05%). Company insiders that own Horizon Bancorp stock include Dennis Kuhn, James D Neff, Larry N Middleton, Mark E Secor, Michele M Magnuson and Steven William Reed. View institutional ownership trends for Horizon Bancorp.

HBNC stock was acquired by a variety of institutional investors in the last quarter, including Eidelman Virant Capital. Company insiders that have bought Horizon Bancorp stock in the last two years include 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 $9.48.

Horizon Bancorp has a market capitalization of $414.94 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.

The official website for Horizon Bancorp is 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.