NASDAQ:HBNC - Horizon Bancorp Stock Price, Price Target & More

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

Horizon Bancorp declared a quarterly dividend on Friday, June 22nd. Shareholders of record on Friday, July 6th will be given a dividend of $0.10 per share on Friday, July 20th. This represents a $0.40 dividend on an annualized basis and a yield of 1.91%. The ex-dividend date is Thursday, July 5th. View Horizon Bancorp's Dividend History.

Shares of Horizon Bancorp split on Monday, June 18th 2018. The 3-2 split was announced on Wednesday, May 16th 2018. The newly minted shares were payable 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.

Horizon Bancorp Inc (NASDAQ:HBNC) announced its quarterly earnings data on Wednesday, April, 25th. The financial services provider reported $0.29 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.32 by $0.03. The financial services provider earned $41.73 million during the quarter, compared to analyst estimates of $40.63 million. Horizon Bancorp had a return on equity of 9.53% and a net margin of 21.79%. View Horizon Bancorp's Earnings History.

Horizon Bancorp is scheduled to release their next quarterly earnings announcement on Thursday, July, 26th 2018. View Earnings Estimates for Horizon Bancorp.

2 brokers have issued twelve-month price targets for Horizon Bancorp's shares. Their forecasts range from $19.6667 to $23.3333. On average, they expect Horizon Bancorp's stock price to reach $21.50 in the next twelve months. This suggests a possible upside of 2.9% from the stock's current price. View Analyst Ratings for Horizon Bancorp.

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

Some companies that are related to Horizon Bancorp include Columbia Banking System (COLB), Bancorpsouth Bank (BXS), International Bancshares (IBOC), Union Bankshares (UBSH), CVB Financial (CVBF), Great Western Bancorp (GWB), First Interstate BancSystem (FIBK), United Community Banks (UCBI), Independent Bank (INDB), TowneBank (TOWN), Renasant (RNST), ServisFirst Bancshares (SFBS), Hilltop (HTH), Banner (BANR) and Ameris Bancorp (ABCB).

Media coverage about HBNC stock has been trending somewhat positive this week, according to Accern Sentiment Analysis. The research firm scores the sentiment of media coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Horizon Bancorp earned a daily sentiment score of 0.10 on Accern's scale. They also gave media stories about the financial services provider an impact score of 46.92 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future.

Horizon Bancorp's stock is owned by many different of institutional and retail investors. Top institutional investors include Foundry Partners LLC (0.81%), CX Institutional (0.09%), Sabal Trust CO (0.07%), Professional Planning (0.06%), Indiana Trust & Investment Management CO (0.06%) and Bedel Financial Consulting Inc. (0.03%). 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, Mark E Secor, Maurice F Winkler III, Michele M Thompson and Thomas H Edwards. View Institutional Ownership Trends for Horizon Bancorp.

HBNC stock was acquired by a variety of institutional investors in the last quarter, including Foundry Partners LLC, CX Institutional, Indiana Trust & Investment Management CO, Sabal Trust CO, Professional Planning and Bedel Financial Consulting Inc.. Company insiders that have bought Horizon Bancorp stock in the last two years include Eric P Blackhurst and Maurice F Winkler III. 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 $20.90.

Horizon Bancorp has a market capitalization of $801.16 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.

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.