NASDAQ:HBNC Horizon Bancorp - HBNC Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Horizon Bancorp, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $11.07 +0.20 (+1.84%) (As of 03/27/2023 12:00 AM ET) Add Compare Share Share Today's Range$11.00▼$11.4350-Day Range$10.31▼$16.3252-Week Range$10.15▼$20.64Volume572,488 shsAverage Volume247,893 shsMarket Capitalization$482.41 millionP/E Ratio5.17Dividend Yield5.78%Price Target$17.75 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Horizon Bancorp MarketRank™ ForecastAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside60.3% Upside$17.75 Price TargetShort InterestHealthy2.20% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-0.61Upright™ Environmental ScoreNews Sentiment1.28Based on 3 Articles This WeekInsider TradingN/AProj. Earnings Growth3.51%From $1.71 to $1.77 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.99 out of 5 starsFinance Sector222nd out of 884 stocksState Commercial Banks Industry68th out of 185 stocks 3.3 Analyst's Opinion Consensus RatingHorizon Bancorp has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 2 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $17.75, Horizon Bancorp has a forecasted upside of 60.3% from its current price of $11.07.Amount of Analyst CoverageHorizon Bancorp has only been the subject of 2 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.20% of the float of Horizon Bancorp has been sold short.Short Interest Ratio / Days to CoverHorizon Bancorp has a short interest ratio ("days to cover") of 3.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Horizon Bancorp has recently increased by 12.66%, indicating that investor sentiment is decreasing significantly. Previous Next 5.0 Dividend Strength Dividend LeadershipHorizon Bancorp is a leading dividend payer. It pays a dividend yield of 6.21%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthHorizon Bancorp has been increasing its dividend for 12 years.Dividend CoverageThe dividend payout ratio of Horizon Bancorp is 29.91%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Horizon Bancorp will have a dividend payout ratio of 36.16% next year. This indicates that Horizon Bancorp will be able to sustain or increase its dividend. Previous Next 3.3 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreHorizon Bancorp has received a 37.31% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Retirement saving services", "Cash withdrawal services", "Mortgages provided by brick and mortar banks", "Mortgage loans for corporations", "Home equity loans", and "Payment platform" products. See details.Environmental SustainabilityThe Environmental Impact score for Horizon Bancorp is -0.61. Previous Next 2.9 News and Social Media Coverage News SentimentHorizon Bancorp has a news sentiment score of 1.28. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.63 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Horizon Bancorp this week, compared to 1 article on an average week.Search InterestOnly 5 people have searched for HBNC on MarketBeat in the last 30 days. This is a decrease of -55% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added Horizon Bancorp to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Horizon Bancorp insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 3.52% of the stock of Horizon Bancorp is held by insiders.Percentage Held by Institutions56.13% of the stock of Horizon Bancorp is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Horizon Bancorp are expected to grow by 3.51% in the coming year, from $1.71 to $1.77 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Horizon Bancorp is 5.17, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 131.81.Price to Earnings Ratio vs. SectorThe P/E ratio of Horizon Bancorp is 5.17, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 144.07.Price to Book Value per Share RatioHorizon Bancorp has a P/B Ratio of 0.72. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Horizon Bancorp (NASDAQ:HBNC) StockHorizon Bancorp, Inc. (Indiana) is a bank holding company, which engages in the provision of commercial and retail banking services. It offers personal banking, business banking, investment and trust, and mortgage services. The company was founded in 1873 and is headquartered in Michigan City, IN.Read More Receive HBNC Stock 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. Email Address HBNC Stock News HeadlinesMarch 25, 2023 | benzinga.comROSEN, NATIONAL TRIAL COUNSEL, Encourages Horizon Bancorp, Inc. Investors to Inquire About Class Action Investigation – HBNCMarch 20, 2023 | benzinga.comROSEN, GLOBAL INVESTOR COUNSEL, Encourages Horizon Bancorp, Inc. Investors to Inquire About Class Action Investigation – HBNCMarch 28, 2023 | Weiss Ratings (Ad)Urgent WarningThis was never meant for the general public. But it’s all there in black and white … A frightening plan that gives the Fed the power to track and even control your checking account, including ALL your financial transactions. A pilot test program is already underway. And it’s slated to launch at America’s largest banks as soon as May of this year! So, time to prepare is very short. Fortunately, there are a few key steps you can take to defend yourself …March 20, 2023 | businesswire.comHORIZON BANK ALERT: Bragar Eagel & Squire, P.C. is Investigating Horizon Bancorp, Inc. on Behalf of Horizon Bank Stockholders and Encourages Investors to Contact the FirmMarch 18, 2023 | businesswire.comINVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Horizon Bancorp, Inc. (HBNC) on Behalf of InvestorsMarch 18, 2023 | benzinga.comROSEN, Leading Investor Counsel, Encourages Horizon Bancorp, Inc. Investors to Inquire About Class Action Investigation - HBNCMarch 18, 2023 | finance.yahoo.comHorizon Bancorp Full Year 2022 Earnings: Revenues DisappointMarch 17, 2023 | finance.yahoo.comHorizon Bancorp, Inc. Regains Compliance with NASDAQ Listing Rule by Filing its Form 10-KMarch 28, 2023 | Weiss Ratings (Ad)Urgent WarningThis was never meant for the general public. But it’s all there in black and white … A frightening plan that gives the Fed the power to track and even control your checking account, including ALL your financial transactions. A pilot test program is already underway. And it’s slated to launch at America’s largest banks as soon as May of this year! So, time to prepare is very short. Fortunately, there are a few key steps you can take to defend yourself …March 16, 2023 | technews.tmcnet.comGlancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of Horizon Bancorp, Inc. (HBNC) on Behalf of InvestorsMarch 16, 2023 | benzinga.comGlancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Continues Investigation of Horizon Bancorp, Inc. (HBNC) on Behalf of InvestorsMarch 16, 2023 | benzinga.comINVESTOR ALERT: Law Offices of Howard G. Smith Continues Investigation of Horizon Bancorp, Inc. (HBNC) on Behalf of InvestorsMarch 15, 2023 | businesswire.comThe Law Offices of Frank R. Cruz Continues Investigation of Horizon Bancorp, Inc. (HBNC) on Behalf of InvestorsMarch 15, 2023 | benzinga.comHBNC LOSS ALERT: ROSEN, NATIONAL TRIAL COUNSEL, Encourages Horizon Bancorp, Inc. Investors to Inquire About Class Action Investigation – HBNCMarch 15, 2023 | benzinga.comROSEN, A GLOBAL AND LEADING LAW FIRM, Encourages Horizon Bancorp, Inc. Investors to Inquire About Class Action Investigation - HBNCMarch 14, 2023 | businesswire.comThe Law Offices of Frank R. Cruz Announces Investigation of Horizon Bancorp, Inc. (HBNC) on Behalf of InvestorsMarch 14, 2023 | benzinga.comSHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Horizon Bancorp, Inc. - HBNCMarch 14, 2023 | benzinga.comHorizon Bancorp, Inc.: Company Investigated by the Portnoy Law FirmMarch 11, 2023 | businesswire.comINVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Horizon Bancorp, Inc. and Encourages Investors with Losses to Contact the FirmMarch 11, 2023 | businesswire.comHBNC EQUITY ALERT: ROSEN, A TOP RANKED LAW FIRM, Encourages Horizon Bancorp, Inc. Investors to Inquire About Class Action Investigation – HBNCMarch 10, 2023 | finance.yahoo.comHorizon Bancorp, Inc. Discloses Receipt of NASDAQ NoticeMarch 2, 2023 | finance.yahoo.comIf EPS Growth Is Important To You, Horizon Bancorp (NASDAQ:HBNC) Presents An OpportunityMarch 1, 2023 | bizjournals.com'There can be no assurance': TD Bank-First Horizon deal might not close by outside date of May 27January 31, 2023 | 247wallst.com10 Biggest Stocks With a New 52-Week LowJanuary 30, 2023 | finance.yahoo.comHorizon Bancorp, Inc. to Host Virtual Investor Day on February 21, 2023January 27, 2023 | finance.yahoo.comHorizon Bancorp, Inc. (NASDAQ:HBNC) Q4 2022 Earnings Call TranscriptJanuary 27, 2023 | nasdaq.comBlackRock Inc. Ups Stake in Horizon Bancorp Inc (HBNC)See More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive HBNC Stock 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. Email Address HBNC Company Calendar Last Earnings10/26/2021Ex-Dividend for 1/20 Dividend1/05/2023Dividend Payable1/20/2023Today3/28/2023Ex-Dividend for 4/21 Dividend4/05/2023Dividend Payable4/21/2023Next Earnings (Estimated)4/26/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry State commercial banks Sub-IndustryRegional Banks SectorFinance Current SymbolNASDAQ:HBNC CUSIP44040710 CIK706129 Webwww.horizonbank.com Phone(219) 879-0211Fax219-874-9305Employees843Year Founded1873Price Target and Rating Average Stock Price Forecast$17.75 High Stock Price Forecast$18.00 Low Stock Price Forecast$17.00 Forecasted Upside/Downside+60.3%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$2.14 Trailing P/E Ratio5.17 Forward P/E Ratio6.47 P/E GrowthN/ANet Income$93.41 million Net Margins32.51% Pretax Margin37.24% Return on Equity13.96% Return on Assets1.21% Debt Debt-to-Equity Ratio1.86 Current Ratio0.73 Quick Ratio0.73 Sales & Book Value Annual Sales$241.56 million Price / Sales2.00 Cash Flow$2.75 per share Price / Cash Flow4.02 Book Value$15.42 per share Price / Book0.72Miscellaneous Outstanding Shares43,578,000Free Float42,044,000Market Cap$482.41 million OptionableOptionable Beta0.92 Social Links Key ExecutivesCraig M. DwightChairman & Chief Executive OfficerThomas M. PramePresidentMark E. SecorChief Financial Officer & Executive Vice PresidentKathie A. DeruiterExecutive Vice PresidentTodd A. EtzlerSecretary, Executive VP & General CounselKey CompetitorsFirst FinancialNASDAQ:THFFFarmers National BancNASDAQ:FMNBMercantile BankNASDAQ:MBWMCentral Pacific FinancialNYSE:CPFCapital City Bank GroupNASDAQ:CCBGView All CompetitorsInsiders & InstitutionsMetLife Investment Management LLCSold 2,640 shares on 3/23/2023Ownership: 0.046%Public Employees Retirement System of OhioBought 14,466 shares on 2/15/2023Ownership: 0.050%MetLife Investment Management LLCSold 2,640 shares on 2/15/2023Ownership: 0.046%Squarepoint Ops LLCBought 17,252 shares on 2/15/2023Ownership: 0.039%Man Group plcBought 10,800 shares on 2/15/2023Ownership: 0.025%View All Insider TransactionsView All Institutional Transactions HBNC Stock - Frequently Asked Questions Should I buy or sell Horizon Bancorp stock right now? 4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Horizon Bancorp in the last twelve months. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" HBNC shares. View HBNC analyst ratings or view top-rated stocks. What is Horizon Bancorp's stock price forecast for 2023? 4 brokerages have issued 1-year price targets for Horizon Bancorp's stock. Their HBNC share price forecasts range from $17.00 to $18.00. On average, they expect the company's stock price to reach $17.75 in the next twelve months. This suggests a possible upside of 60.3% from the stock's current price. View analysts price targets for HBNC or view top-rated stocks among Wall Street analysts. How have HBNC shares performed in 2023? Horizon Bancorp's stock was trading at $15.08 at the beginning of the year. Since then, HBNC shares have decreased by 26.6% and is now trading at $11.07. View the best growth stocks for 2023 here. When is Horizon Bancorp's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 26th 2023. View our HBNC earnings forecast. How were Horizon Bancorp's earnings last quarter? Horizon Bancorp, Inc. (NASDAQ:HBNC) issued its quarterly earnings results on Tuesday, October, 26th. The financial services provider reported $0.52 EPS for the quarter, beating analysts' consensus estimates of $0.44 by $0.08. The financial services provider had revenue of $62.59 million for the quarter, compared to analyst estimates of $59.43 million. Horizon Bancorp had a net margin of 32.51% and a trailing twelve-month return on equity of 13.96%. During the same quarter in the prior year, the business earned $0.45 EPS. How often does Horizon Bancorp pay dividends? What is the dividend yield for Horizon Bancorp? Horizon Bancorp announced a quarterly dividend on Monday, March 27th. Investors of record on Friday, April 7th will be paid a dividend of $0.16 per share on Friday, April 21st. This represents a $0.64 annualized dividend and a yield of 5.78%. The ex-dividend date is Wednesday, April 5th. Read our dividend analysis for HBNC. What ETFs hold Horizon Bancorp's stock? ETFs with the largest weight of Horizon Bancorp (NASDAQ:HBNC) stock in their portfolio include First Trust NASDAQ ABA Community Bank Index Fund (QABA), iShares Micro-Cap ETF (IWC) and SPDR S&P Regional Banking ETF (KRE).Direxion Daily Regional Banks Bull 3x Shares (DPST) and Is Horizon Bancorp a good dividend stock? Horizon Bancorp (NASDAQ:HBNC) pays an annual dividend of $0.64 per share and currently has a dividend yield of 6.21%. HBNC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 12 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 29.91%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HBNC will have a dividend payout ratio of 36.16% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for HBNC. When did Horizon Bancorp's stock split? 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 issued to shareholders after the market closes on Friday, June 15th 2018. An investor that had 100 shares of stock prior to the split would have 150 shares after the split. What is Craig M. Dwight's approval rating as Horizon Bancorp's CEO? 23 employees have rated Horizon Bancorp Chief Executive Officer Craig M. Dwight on Glassdoor.com. Craig M. Dwight has an approval rating of 86% among the company's employees. 76.0% of employees surveyed would recommend working at Horizon Bancorp to a friend. 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." Who are Horizon Bancorp's major shareholders? Horizon Bancorp's stock is owned by a number of retail and institutional investors. Top institutional investors include Dimensional Fund Advisors LP (5.66%), PL Capital Advisors LLC (3.90%), PL Capital Advisors LLC (3.90%), The Manufacturers Life Insurance Company (2.79%), Geode Capital Management LLC (1.73%) and Horizon Bancorp Inc. IN (1.72%). Insiders that own company stock include Craig M Dwight, Dennis Kuhn, James D Neff, Kathie A Deruiter, Mark E Secor, Michele M Magnuson and Todd A Etzler. View institutional ownership trends. How do I buy shares of Horizon Bancorp? Shares of HBNC stock 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 $11.07. How much money does Horizon Bancorp make? Horizon Bancorp (NASDAQ:HBNC) has a market capitalization of $482.41 million and generates $241.56 million in revenue each year. The financial services provider earns $93.41 million in net income (profit) each year or $2.14 on an earnings per share basis. How many employees does Horizon Bancorp have? The company employs 843 workers across the globe. How can I contact Horizon Bancorp? Horizon Bancorp's mailing address is 515 FRANKLIN STREET, MICHIGAN CITY IN, 46360. The official website for the company is www.horizonbank.com. The financial services provider can be reached via phone at (219) 879-0211 or via fax at 219-874-9305. This page (NASDAQ:HBNC) was last updated on 3/28/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. 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