50% OFF
MarketBeat All Access
Get 30 days free. Save 50% your first year.
  •  days
  •  Hours
  •  Minutes
  •  Seconds
×
S&P 500   3,636.66 (-0.50%)
DOW   29,062.92 (-0.68%)
QQQ   273.15 (-0.44%)
AAPL   151.02 (+0.17%)
MSFT   234.87 (-1.09%)
META   134.60 (-1.30%)
GOOGL   97.15 (-1.04%)
AMZN   113.70 (-1.26%)
TSLA   278.12 (+0.76%)
NVDA   123.43 (+0.94%)
NIO   17.07 (-3.12%)
BABA   77.78 (-1.43%)
AMD   66.61 (+0.47%)
T   15.71 (+0.26%)
MU   50.03 (+2.35%)
CGC   2.80 (+2.19%)
F   11.71 (-2.34%)
GE   63.75 (-0.93%)
DIS   95.82 (-2.34%)
AMC   7.08 (+3.66%)
PYPL   85.13 (+1.03%)
PFE   43.99 (+0.37%)
NFLX   221.41 (-1.19%)
S&P 500   3,636.66 (-0.50%)
DOW   29,062.92 (-0.68%)
QQQ   273.15 (-0.44%)
AAPL   151.02 (+0.17%)
MSFT   234.87 (-1.09%)
META   134.60 (-1.30%)
GOOGL   97.15 (-1.04%)
AMZN   113.70 (-1.26%)
TSLA   278.12 (+0.76%)
NVDA   123.43 (+0.94%)
NIO   17.07 (-3.12%)
BABA   77.78 (-1.43%)
AMD   66.61 (+0.47%)
T   15.71 (+0.26%)
MU   50.03 (+2.35%)
CGC   2.80 (+2.19%)
F   11.71 (-2.34%)
GE   63.75 (-0.93%)
DIS   95.82 (-2.34%)
AMC   7.08 (+3.66%)
PYPL   85.13 (+1.03%)
PFE   43.99 (+0.37%)
NFLX   221.41 (-1.19%)
S&P 500   3,636.66 (-0.50%)
DOW   29,062.92 (-0.68%)
QQQ   273.15 (-0.44%)
AAPL   151.02 (+0.17%)
MSFT   234.87 (-1.09%)
META   134.60 (-1.30%)
GOOGL   97.15 (-1.04%)
AMZN   113.70 (-1.26%)
TSLA   278.12 (+0.76%)
NVDA   123.43 (+0.94%)
NIO   17.07 (-3.12%)
BABA   77.78 (-1.43%)
AMD   66.61 (+0.47%)
T   15.71 (+0.26%)
MU   50.03 (+2.35%)
CGC   2.80 (+2.19%)
F   11.71 (-2.34%)
GE   63.75 (-0.93%)
DIS   95.82 (-2.34%)
AMC   7.08 (+3.66%)
PYPL   85.13 (+1.03%)
PFE   43.99 (+0.37%)
NFLX   221.41 (-1.19%)
S&P 500   3,636.66 (-0.50%)
DOW   29,062.92 (-0.68%)
QQQ   273.15 (-0.44%)
AAPL   151.02 (+0.17%)
MSFT   234.87 (-1.09%)
META   134.60 (-1.30%)
GOOGL   97.15 (-1.04%)
AMZN   113.70 (-1.26%)
TSLA   278.12 (+0.76%)
NVDA   123.43 (+0.94%)
NIO   17.07 (-3.12%)
BABA   77.78 (-1.43%)
AMD   66.61 (+0.47%)
T   15.71 (+0.26%)
MU   50.03 (+2.35%)
CGC   2.80 (+2.19%)
F   11.71 (-2.34%)
GE   63.75 (-0.93%)
DIS   95.82 (-2.34%)
AMC   7.08 (+3.66%)
PYPL   85.13 (+1.03%)
PFE   43.99 (+0.37%)
NFLX   221.41 (-1.19%)
NASDAQ:HBNC

Horizon Bancorp - HBNC Stock Forecast, Price & News

$18.32
-0.46 (-2.45%)
(As of 09/27/2022 01:53 PM ET)
Add
Compare
Today's Range
$18.26
$18.92
50-Day Range
$17.83
$20.59
52-Week Range
$16.53
$23.80
Volume
2,219 shs
Average Volume
141,957 shs
Market Capitalization
$798.20 million
P/E Ratio
8.64
Dividend Yield
3.40%
Price Target
$23.75

Horizon Bancorp MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
27.1% Upside
$23.75 Price Target
Short Interest
Bearish
1.59% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.61
Upright™ Environmental Score
News Sentiment
0.87mentions of Horizon Bancorp in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
5.63%
From $2.31 to $2.44 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.84 out of 5 stars

Finance Sector

223rd out of 898 stocks

State Commercial Banks Industry

45th out of 185 stocks

HBNC stock logo

About Horizon Bancorp (NASDAQ:HBNC) Stock

Horizon Bancorp, Inc. operates as the bank holding company for Horizon Bank that provides a range of commercial and retail banking services. The company offers various deposits. It also provides commercial, residential real estate, mortgage warehouse, and consumer loans. In addition, the company offers 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 78 full-service offices in northern and central Indiana and southern and central Michigan. Horizon Bancorp, Inc. was founded in 1873 and is headquartered in Michigan City, Indiana.

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.

HBNC Stock News Headlines

Best Momentum Stocks to Buy for September 26th
HBNC Crosses Above Key Moving Average Level
Horizon Bancorp (HBNC) Could Be a Great Choice
Horizon Bancorp, Inc. Elects New Lead Director
See More Headlines
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.

HBNC Company Calendar

Ex-Dividend for 7/22 Dividend
7/07/2022
Dividend Payable
7/22/2022
Last Earnings
7/27/2022
Today
9/27/2022
Ex-Dividend for 10/21 Dividend
10/06/2022
Dividend Payable
10/21/2022
Next Earnings (Estimated)
10/26/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
State commercial banks
Sub-Industry
Regional Banks
Sector
Finance
Current Symbol
NASDAQ:HBNC
CUSIP
44040710
Employees
843
Year Founded
1873

Price Target and Rating

Average Stock Price Forecast
$23.75
High Stock Price Forecast
$25.50
Low Stock Price Forecast
$22.00
Forecasted Upside/Downside
+29.6%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$87.09 million
Pretax Margin
40.19%

Debt

Sales & Book Value

Annual Sales
$257.95 million
Cash Flow
$2.46 per share
Book Value
$16.62 per share

Miscellaneous

Free Float
42,039,000
Market Cap
$798.20 million
Optionable
Optionable
Beta
1.06

Social Links


Key Executives

  • Mr. Craig M. Dwight (Age 65)
    Chairman & CEO
    Comp: $1.12M
  • Mr. Mark E. Secor CPA (Age 56)
    Exec. VP, CFO, Chief Accounting Officer & Treasurer
    Comp: $541.97k
  • Ms. Kathie A. DeRuiter (Age 60)
    Exec. VP & Sr. Operations Officer
    Comp: $463.83k
  • Mr. Dennis J. KuhnMr. Dennis J. Kuhn (Age 62)
    Regional Pres for Southwest Michigan
    Comp: $418.1k
  • Mr. Thomas M. Prame (Age 52)
    Pres
  • Mr. Todd A. Etzler (Age 55)
    Exec. VP, Corp. Sec. & Gen. Counsel
  • Amy Phares
    PR Mang.
  • Mr. Daniel R. Buresh (Age 63)
    Asst. Chief Accounting Officer & Asst. Treasurer
  • Ms. Lynn M. Kerber (Age 53)
    Chief Commercial Banking Officer
  • Mr. Chris A. Chatfield
    VP & Sr. Commercial Loan Officer













HBNC Stock - Frequently Asked Questions

Should I buy or sell Horizon Bancorp stock right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Horizon Bancorp in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street 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 2022?

1 Wall Street research analysts have issued 12-month price objectives for Horizon Bancorp's stock. Their HBNC share price forecasts range from $22.00 to $25.50. On average, they expect the company's stock price to reach $23.75 in the next twelve months. This suggests a possible upside of 26.5% 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 2022?

Horizon Bancorp's stock was trading at $20.85 at the beginning of 2022. Since then, HBNC shares have decreased by 9.9% and is now trading at $18.78.
View the best growth stocks for 2022 here
.

When is Horizon Bancorp's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 26th 2022.
View our HBNC earnings forecast
.

How were Horizon Bancorp's earnings last quarter?

Horizon Bancorp, Inc. (NASDAQ:HBNC) announced its quarterly earnings results on Wednesday, July, 27th. The financial services provider reported $0.56 EPS for the quarter, beating the consensus estimate of $0.50 by $0.06. The financial services provider earned $65.44 million during the quarter, compared to analyst estimates of $62.97 million. Horizon Bancorp had a trailing twelve-month return on equity of 13.65% and a net margin of 34.40%. During the same quarter in the previous year, the firm posted $0.51 EPS.

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

Horizon Bancorp declared a quarterly dividend on Tuesday, September 20th. Stockholders of record on Friday, October 7th will be paid a dividend of $0.16 per share on Friday, October 21st. This represents a $0.64 annualized dividend and a dividend yield of 3.41%. The ex-dividend date of this dividend is Thursday, October 6th.
Read our dividend analysis for HBNC
.

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 3.40%. The company has been increasing its dividend for 11 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio is 30.19%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HBNC will have a dividend payout ratio of 26.23% 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 shares split on the morning of Monday, June 18th 2018. The 3-2 split was announced on Wednesday, May 16th 2018. The newly issued shares were distributed to shareholders after the closing bell 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 shareholders include PL Capital Advisors LLC (4.95%), State Street Corp (2.93%), Northern Trust Corp (1.03%), Brandywine Global Investment Management LLC (0.76%), Basswood Capital Management L.L.C. (0.74%) and Renaissance Technologies LLC (0.71%). Insiders that own company stock include Craig M Dwight, Dennis Kuhn, James D Neff, Kathie A Deruiter, Mark E Secor and Michele M Magnuson.
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 $18.78.

How much money does Horizon Bancorp make?

Horizon Bancorp (NASDAQ:HBNC) has a market capitalization of $818.30 million and generates $257.95 million in revenue each year. The financial services provider earns $87.09 million in net income (profit) each year or $2.12 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 9/27/2022 by MarketBeat.com Staff

MarketBeat Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | contact@marketbeat.com | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Privacy Policy | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart's disclaimer.