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

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

Horizon Bancorp declared a quarterly dividend on Wednesday, June 19th. Stockholders of record on Friday, July 5th will be paid a dividend of $0.12 per share on Friday, July 19th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 2.73%. The ex-dividend date is Wednesday, July 3rd. This is a positive change from Horizon Bancorp's previous quarterly dividend of $0.10. View Horizon Bancorp's Dividend History.

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

Horizon Bancorp Inc (NASDAQ:HBNC) announced its earnings results on Wednesday, July, 24th. The financial services provider reported $0.39 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.36 by $0.03. The financial services provider earned $52.43 million during the quarter, compared to analysts' expectations of $52.61 million. Horizon Bancorp had a return on equity of 10.10% and a net margin of 24.17%. View Horizon Bancorp's Earnings History.

Horizon Bancorp is scheduled to release their next quarterly earnings announcement on Monday, November 4th 2019. View Earnings Estimates for Horizon Bancorp.

2 brokers have issued 1-year 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 13.6% from the stock's current price. View Analyst Price Targets 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.

Media coverage about HBNC stock has trended negative recently, InfoTrie Sentiment Analysis reports. The research group rates the sentiment of press coverage by monitoring more than six thousand blog and news sources in real time. 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 -2.9 on InfoTrie's scale. They also gave news articles 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 term. View News Stories for Horizon Bancorp.

Some companies that are related to Horizon Bancorp include Home Bancshares (HOMB), Investors Bancorp (ISBC), CVB Financial (CVBF), Bancorpsouth Bank (BXS), Texas Capital Bancshares (TCBI), Cathay General Bancorp (CATY), Ameris Bancorp (ABCB), Columbia Banking System (COLB), South State (SSB), Independent Bank (INDB), First Interstate Bancsystem (FIBK), International Bancshares (IBOC), Independent Bank Group (IBTX), Hilltop (HTH) and United Community Banks (UCBI).

Based on aggregate information from My MarketBeat watchlists, some companies that other Horizon Bancorp investors own include AllianceBernstein (AB), Intuit (INTU), Malibu Boats (MBUU), Anadarko Petroleum (APC), Brown-Forman (BF.B), Walt Disney (DIS), Dynex Capital (DX), Jagged Peak Energy (JAG), LaSalle Hotel Properties (LHO) and 3M (MMM).

Horizon Bancorp's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (5.13%), Vanguard Group Inc. (3.85%), Renaissance Technologies LLC (2.44%), Rhenman & Partners Asset Management AB (2.41%), Northern Trust Corp (1.05%) and Jacobs Asset Management LLC (0.95%). 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 and Steven William Reed. View Institutional Ownership Trends for Horizon Bancorp.

HBNC stock was sold by a variety of institutional investors in the last quarter, including Jacobs Asset Management LLC, Vanguard Group Inc., Invesco Ltd., Morgan Stanley, Aperio Group LLC, 1ST Source Bank, Wells Fargo & Company MN and LSV Asset Management. View Insider Buying and Selling for Horizon Bancorp.

HBNC stock was purchased by a variety of institutional investors in the last quarter, including Rhenman & Partners Asset Management AB, Nuveen Asset Management LLC, BlackRock Inc., Renaissance Technologies LLC, Natixis Advisors L.P., Northern Trust Corp, D. E. Shaw & Co. Inc. and Bank of America Corp DE. 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.

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 $17.61.

Horizon Bancorp has a market capitalization of $793.51 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. Horizon Bancorp employs 716 workers across the globe.View Additional Information About Horizon Bancorp.

The official website for Horizon Bancorp is http://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.