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

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$15.65 +0.15 (+0.97 %)
(As of 03/26/2019 02:12 AM ET)
Previous Close$15.50
Today's Range$15.33 - $15.82
52-Week Range$14.79 - $22.13
Volume63,600 shs
Average Volume93,072 shs
Market Capitalization$600.82 million
P/E Ratio12.32
Dividend Yield2.58%
Beta1.02
Horizon Bancorp, Inc. operates as the bank holding company for Horizon Bank that provides commercial and retail banking services. The company offers non-interest bearing and interest-bearing demand deposits, savings accounts, money market deposits, and time deposits. Its loan portfolio comprises commercial, financial, agricultural, and commercial tax-exempt loans; and 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. It operates through a network of 62 full service offices in Northern and Central Indiana, as well as Southern, Central, and Great Lakes bay regions of Michigan. The company was founded in 1873 and is headquartered in Michigan City, Indiana.

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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$1.6184 per share
Book Value$12.82 per share

Profitability

Net Income$53.12 million

Miscellaneous

EmployeesN/A
Market Cap$600.82 million
Next Earnings Date4/24/2019 (Estimated)
OptionableOptionable

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 declared a quarterly dividend on Monday, March 25th. Shareholders of record on Friday, April 5th will be given a dividend of $0.10 per share on Friday, April 19th. This represents a $0.40 annualized dividend and a yield of 2.56%. The ex-dividend date of this dividend is Thursday, April 4th. 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 the morning of 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 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.

How were Horizon Bancorp's earnings last quarter?

Horizon Bancorp Inc (NASDAQ:HBNC) released its quarterly earnings data on Tuesday, January, 29th. The financial services provider reported $0.34 EPS for the quarter, missing the Zacks' consensus estimate of $0.37 by $0.03. The financial services provider earned $42.31 million during the quarter, compared to analysts' expectations of $43.50 million. Horizon Bancorp had a return on equity of 10.59% and a net margin of 26.48%. 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 Wednesday, April 24th 2019. View Earnings Estimates for Horizon Bancorp.

What price target have analysts set for HBNC?

2 Wall Street analysts have issued 12 month price objectives for Horizon Bancorp's stock. Their predictions range from $20.00 to $20.00. On average, they expect Horizon Bancorp's stock price to reach $20.00 in the next twelve months. This suggests a possible upside of 27.8% 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 coverage about HBNC stock has trended positive recently, InfoTrie reports. InfoTrie scores the sentiment of press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Horizon Bancorp earned a coverage optimism score of 2.2 on InfoTrie's scale. They also gave news headlines about the financial services provider a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the stock's share price in the near future.

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 Brown-Forman (BF.B), Malibu Boats (MBUU), Altria Group (MO), 3M (MMM), Anadarko Petroleum (APC), Jagged Peak Energy (JAG), Intuit (INTU), Aspen Technology (AZPN), First Bank (FRBA) and QUALCOMM (QCOM).

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)
  • Attorney Dona L. Lucker, Shareholder Relations Officer & Exec. Assistant

Who are Horizon Bancorp's major shareholders?

Horizon Bancorp's stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (5.90%), Dimensional Fund Advisors LP (4.32%), Dimensional Fund Advisors LP (4.32%), Epoch Investment Partners Inc. (2.72%), Geode Capital Management LLC (1.32%) and Geode Capital Management LLC (1.32%). 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 major investors are selling Horizon Bancorp stock?

HBNC stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, Epoch Investment Partners Inc., Two Sigma Investments LP, First Trust Advisors LP, Natixis Advisors L.P., Indiana Trust & Investment Management CO, Thrivent Financial for Lutherans and ClariVest Asset Management LLC. Company insiders that have sold Horizon Bancorp company stock in the last year include Craig M Dwight, Dennis Kuhn, James D Neff, Kathie A Deruiter and Larry N Middleton. View Insider Buying and Selling for Horizon Bancorp.

Which major investors are buying Horizon Bancorp stock?

HBNC stock was bought by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, Dimensional Fund Advisors LP, BlackRock Inc., Martingale Asset Management L P, Rothschild & Co. Asset Management US Inc., Rhumbline Advisers, Capital Asset Advisory Services LLC and Mackay Shields LLC. 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 $15.65.

How big of a company is Horizon Bancorp?

Horizon Bancorp has a market capitalization of $600.82 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.

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:  219 (Vote Outperform)
Underperform Votes:  261 (Vote Underperform)
Total Votes:  480
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 3/26/2019 by MarketBeat.com Staff

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