Should I buy or sell HDFC Bank stock right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for HDFC Bank in the last twelve months. There are currently 1 buy rating and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "strong buy" HDB shares. View HDB analyst ratings or view top-rated stocks .

How have HDB shares performed in 2023?

HDFC Bank's stock was trading at $68.41 at the start of the year. Since then, HDB shares have decreased by 8.3% and is now trading at $62.73. View the best growth stocks for 2023 here .

Are investors shorting HDFC Bank?

HDFC Bank saw a increase in short interest during the month of November. As of November 15th, there was short interest totaling 5,670,000 shares, an increase of 31.3% from the October 31st total of 4,320,000 shares. Based on an average daily trading volume, of 2,150,000 shares, the days-to-cover ratio is presently 2.6 days. View HDFC Bank's Short Interest .

When is HDFC Bank's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, January 12th 2024. View our HDB earnings forecast .

How were HDFC Bank's earnings last quarter?

HDFC Bank Limited (NYSE:HDB) issued its earnings results on Monday, October, 16th. The bank reported $0.80 EPS for the quarter, beating the consensus estimate of $0.45 by $0.35. The bank earned $8.02 billion during the quarter. HDFC Bank had a net margin of 19.47% and a trailing twelve-month return on equity of 16.81%.

How often does HDFC Bank pay dividends? What is the dividend yield for HDFC Bank?

HDFC Bank declared an annual dividend on Monday, April 17th. Stockholders of record on Monday, May 15th will be given a dividend of $0.5935 per share on Friday, May 12th. This represents a dividend yield of 0.9%. The ex-dividend date of this dividend is Friday, May 12th. This is a boost from the stock's previous annual dividend of $0.58. Read our dividend analysis for HDB .

Is HDFC Bank a good dividend stock?

HDFC Bank (NYSE:HDB) pays an annual dividend of $0.58 per share and currently has a dividend yield of 0.96%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 17.85%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HDB will have a dividend payout ratio of 18.24% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for HDB .

What ETFs hold HDFC Bank's stock?

ETFs with the largest weight of HDFC Bank (NYSE:HDB) stock in their portfolio include Harbor International Compounders ETF (OSEA) , Emerge EMPWR Sustainable Emerging Markets Equity ETF (EMCH) , Matthews Emerging Markets ex China Active ETF (MEMX) , Global X Emerging Markets Great Consumer ETF (EMC) , OneAscent Emerging Markets ETF (OAEM) , Global X Emerging Markets ETF (EMM) , Motley Fool Global Opportunities ETF (TMFG) and Emerge EMPWR Sustainable Global Core Equity ETF (EMZA) .

What is Sashidhar Jagdishan's approval rating as HDFC Bank's CEO?

28 employees have rated HDFC Bank Chief Executive Officer Sashidhar Jagdishan on Glassdoor.com . Sashidhar Jagdishan has an approval rating of 88% among the company's employees.

What other stocks do shareholders of HDFC Bank own?

Based on aggregate information from My MarketBeat watchlists, some companies that other HDFC Bank investors own include Alibaba Group (BABA) , Tata Motors (TTM) , NVIDIA (NVDA) , Walt Disney (DIS) , Micron Technology (MU) , Netflix (NFLX) , Tesla (TSLA) , Visa (V) , PayPal (PYPL) and Infosys (INFY) .

Who are HDFC Bank's major shareholders?

HDFC Bank's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include JPMorgan Chase & Co. (1.10%), Morgan Stanley (0.80%), Baillie Gifford & Co. (0.51%), Ameriprise Financial Inc. (0.47%), Schroder Investment Management Group (0.46%) and Fiera Capital Corp (0.45%).

How do I buy shares of HDFC Bank?

Shares of HDB 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 .

HDFC Bank Stock Price, News & Analysis (NYSE:HDB)

$62.73

-0.15 (-0.24%)

(As of 12/6/2023 ET)

Compare

Today's Range: $62.43
▼
$63.22
50-Day Range: $56.17
▼
$63.26
52-Week Range: $55.95
▼
$71.76

Volume: 2.93 million shs
Average Volume: 1.81 million shs
Market Capitalization: $116.67 billion

P/E Ratio: 19.30
Dividend Yield: 0.92%
Price Target: N/A

HDFC Bank MarketRank™ Stock Analysis

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
0.30% of Shares Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.25
Based on 7 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 14.39%
From $2.78 to $3.18 Per Share

Overall MarketRank^™

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

1.91 out of 5 stars

Finance Sector

544th out of 717 stocks

Commercial Banks, Not Elsewhere Classified Industry

22nd out of 24 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for HDFC Bank.

3.0

Short Interest

Percentage of Shares Shorted
0.30% of the outstanding shares of HDFC Bank have been sold short.
Short Interest Ratio / Days to Cover
HDFC Bank has a short interest ratio ("days to cover") of 2.6, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in HDFC Bank has recently increased by 31.25%, indicating that investor sentiment is decreasing significantly.

1.7

Dividend Strength

Dividend Yield
HDFC Bank has a dividend yield of 0.96%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
HDFC Bank has only been increasing its dividend for 2 years.
Dividend Coverage
The dividend payout ratio of HDFC Bank is 17.85%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, HDFC Bank will have a dividend payout ratio of 18.24% next year. This indicates that HDFC Bank will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for HDB.

1.8

News and Social Media Coverage

News Sentiment
HDFC Bank has a news sentiment score of 0.25. 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 lower news sentiment than the 0.57 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 7 news articles for HDFC Bank this week, compared to 6 articles on an average week.
Search Interest
Only 2 people have searched for HDB on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
MarketBeat Follows
Only 68 people have added HDFC Bank to their MarketBeat watchlist in the last 30 days. This is a decrease of -40% compared to the previous 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, HDFC Bank insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 1.00% of the stock of HDFC Bank is held by insiders.
Percentage Held by Institutions
Only 17.24% of the stock of HDFC Bank is held by institutions.

2.5

Earnings and Valuation

Earnings Growth
Earnings for HDFC Bank are expected to grow by 14.39% in the coming year, from $2.78 to $3.18 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of HDFC Bank is 19.30, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 120.22.
Price to Earnings Ratio vs. Sector
The P/E ratio of HDFC Bank is 19.30, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 52.69.
Price to Earnings Growth Ratio
HDFC Bank has a PEG Ratio of 1.51. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
HDFC Bank has a P/B Ratio of 3.29. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About HDFC Bank Stock (NYSE:HDB)

HDFC Bank Limited provides banking and financial services to individuals and businesses in India, Bahrain, Hong Kong, and Dubai. The company operates in three segments: Wholesale Banking, Retail Banking, and Treasury Services. It accepts savings, salary, current, rural, public provident fund, pension, and demat accounts; fixed and recurring deposits; and safe deposit lockers, as well as offshore accounts and deposits, and overdrafts against fixed deposits. The company also provides personal, home, car, two-wheeler, business, doctor, educational, gold, consumer, and rural loans; loans against properties, securities, fixed deposits, rental receivables, and assets; loans for professionals; government sponsored programs; and loans on credit card, as well as working capital and commercial/construction equipment finance, healthcare/medical equipment and commercial vehicle finance, dealer finance, and term loans. In addition, it offers credit, debit, prepaid, and forex cards; payment and collection, export, import, remittance, bank guarantee, letter of credit, trade, hedging, and merchant and cash management services; insurance and investment products. Further, the company provides short term finance, bill discounting, structured finance, export credit, loan repayment, and documents collection services; online and wholesale, mobile, and phone banking services; unified payment interface, immediate payment, national electronic funds transfer, and real time gross settlement services; and channel financing, vendor financing, reimbursement account, money market, derivatives, employee trusts, cash surplus corporates, tax payment, and bankers to rights/public issue services, as well as financial solutions for supply chain partners and agricultural customers. It operates branches and automated teller machines in various cities/towns. The company was incorporated in 1994 and is headquartered in Mumbai, India.

HDB Stock Price History

30 days | 90 days | 365 days | Advanced Chart

HDB Stock News Headlines

December 4, 2023 | realmoney.thestreet.com

HDFC Bank upgraded to Conviction Buy from Buy at Goldman Sachs

December 4, 2023 | msn.com

HDFC Bank Revises Fixed Deposit Rates: Check New Rates Here

December 7, 2023 | DTI Trader (Ad)

New CBOE “special perk” helps traders target income every weekend

You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.

November 30, 2023 | msn.com

RBI fines Bank of America, N.A., HDFC Bank

November 16, 2023 | seekingalpha.com

HDFC Bank: Cleaning Out The Closet

November 15, 2023 | benzinga.com

Here's How Much $100 Invested In HDFC Bank 10 Years Ago Would Be Worth Today

November 12, 2023 | msn.com

Latest HDFC Bank Fixed Deposit Rates 2023: How Much Will You Get Return From FDs? Check

November 11, 2023 | msn.com

Diwali 2023: RIL, HDFC Bank, L&T among top Nifty stock picks for Samvat 2080, suggests BT Markets Online survey

December 7, 2023 | DTI Trader (Ad)

New CBOE “special perk” helps traders target income every weekend

You might not immediately realize what you’re reading. Let me help you out a little… What you're looking at is a “special perk” set up by the Chicago Board of Options Exchange.

November 2, 2023 | msn.com

HDFC Bank Extends Rs 2,000-Crore Loan To Vodafone Idea: Report

November 1, 2023 | morningstar.com

HDFC Bank Ltd ADR HDB

October 27, 2023 | msn.com

RIL, TCS, HDFC Bank: 3 most-valued stocks delivered negative returns in 2 years. What's next?

October 22, 2023 | msn.com

HDFC Bank Latest FD Rates 2023: Check How Much Return You Will Get From Fixed Deposits

October 19, 2023 | msn.com

Post Office vs SBI vs HDFC Bank: Comparing 5-year recurring deposit interest rates

October 18, 2023 | finance.yahoo.com

HDFC Bank Limited (NYSE:HDB) Q2 2024 Earnings Call Transcript

October 17, 2023 | msn.com

HDFC Bank draws ire over 'Vigil Aunty' ad; here's why netizens are furious

October 17, 2023 | msn.com

HDFC Bank share price targets see revisions post Q2 results; here's what analysts say on most-valued bank

October 17, 2023 | msn.com

HDFC Bank draws ire over advertisement campaign on financial fraud, netizens call it 'anti-Hindu'

October 17, 2023 | marketwatch.com

HDFC Bank rises Tuesday, outperforms market

October 17, 2023 | msn.com

HDFC Bank shares rise post Q2 results. To buy, sell or hold stock?

October 16, 2023 | msn.com

HDFC Bank Q2: Net Profit Jumps 51% YoY, Provisions Dip 11%

October 16, 2023 | msn.com

HDFC Bank Q2 Results: Net Profit Surges Over 50 pc to Rs 15,976 cr | Check Net Interest Income, Other Earnings Details

October 16, 2023 | reuters.com

India's HDFC Bank sees margins drop, bad loans rise post $40 bln merger

October 16, 2023 | in.investing.com

HDFC Bank anticipates post-merger Q2FY24 results amid margin contraction

October 13, 2023 | msn.com

HDFC Bank sees 46.70 lakh shares changing hands in large deal: Report

October 11, 2023 | msn.com

India expected to become USD 30-trillion economy by 2050: HDFC Bank Chairman Atanu Chakraborty

October 10, 2023 | in.investing.com

HDFC Bank raises MCLR and reduces fixed deposit rates

See More Headlines

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Company Calendar

Last Earnings: 10/16/2023
Today: 12/07/2023
Next Earnings (Estimated): 1/12/2024
Fiscal Year End: 3/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Commercial banks, not elsewhere classified
Sub-Industry: N/A
Sector: Finance
Current Symbol: NYSE:HDB
CUSIP: N/A
CIK: 1144967
Web: www.hdfcbank.com
Phone: 912266521000
Fax: 91-22-2496-0737
Employees: 173,222
Year Founded: 1994

Profitability

EPS (Most Recent Fiscal Year): $3.25
Trailing P/E Ratio: 19.30
Forward P/E Ratio: 22.56
P/E Growth: 1.51
Net Income: $6.03 billion
Net Margins: 19.47%
Pretax Margin: 26.73%
Return on Equity: 16.81%
Return on Assets: 1.94%

Debt

Debt-to-Equity Ratio: 1.79
Current Ratio: 0.51
Quick Ratio: 0.51

Sales & Book Value

Annual Sales: $1.28 trillion
Price / Sales: 0.09
Cash Flow: $3.43 per share
Price / Cash Flow: 18.28
Book Value: $19.09 per share
Price / Book: 3.29

Miscellaneous

Outstanding Shares: 1,859,914,000
Free Float: 1,841,315,000
Market Cap: $116.67 billion
Optionable: Optionable
Beta: 0.77

Social Links

12 Stocks Corporate Insiders are Abandoning

If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know?

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Key Executives

Mr. Sashidhar Jagdishan (Age 58)
MD, CEO & Director
Comp: $1.27M
Mr. Kaizad Maneck Bharucha (Age 58)
Deputy MD & Director
Comp: $1.2M
Mr. Srinivasan Vaidyanathan (Age 59)
Chief Financial Officer
Comp: $362.1k
Mr. Bhavesh Chandulal Zaveri (Age 57)
Group Head of Operations, ATM, Cash Management Product & Executive Director
Mr. Rakesh K. Singh (Age 53)
Group Head of Investment Banking, Private Banking, Marketing & Products
Mr. Ramesh Lakshminarayanan (Age 52)
Chief Information Officer & Group Head of IT
Ms. Ashima Khanna Bhat (Age 52)
Group Head of Business Finance & Strategy, Administration, Infrastructure, ESG & CSR
Mr. Ajit Subhas Shetty
Investor Relations Officer
Mr. Santosh G. Haldankar
Senior VP of Legal & Company Secretary
Mr. Rakesh Kumar Rajput
Chief Compliance Officer

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

HDB Stock Analysis - Frequently Asked Questions

Should I buy or sell HDFC Bank stock right now?: 2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for HDFC Bank in the last twelve months. There are currently 1 buy rating and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "strong buy" HDB shares.
View HDB analyst ratings or view top-rated stocks.
How have HDB shares performed in 2023?: HDFC Bank's stock was trading at $68.41 at the start of the year. Since then, HDB shares have decreased by 8.3% and is now trading at $62.73.
View the best growth stocks for 2023 here.
Are investors shorting HDFC Bank?: HDFC Bank saw a increase in short interest during the month of November. As of November 15th, there was short interest totaling 5,670,000 shares, an increase of 31.3% from the October 31st total of 4,320,000 shares. Based on an average daily trading volume, of 2,150,000 shares, the days-to-cover ratio is presently 2.6 days.
View HDFC Bank's Short Interest.
When is HDFC Bank's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Friday, January 12th 2024.
View our HDB earnings forecast.
How were HDFC Bank's earnings last quarter?: HDFC Bank Limited (NYSE:HDB) issued its earnings results on Monday, October, 16th. The bank reported $0.80 EPS for the quarter, beating the consensus estimate of $0.45 by $0.35. The bank earned $8.02 billion during the quarter. HDFC Bank had a net margin of 19.47% and a trailing twelve-month return on equity of 16.81%.
How often does HDFC Bank pay dividends? What is the dividend yield for HDFC Bank?: HDFC Bank declared an annual dividend on Monday, April 17th. Stockholders of record on Monday, May 15th will be given a dividend of $0.5935 per share on Friday, May 12th. This represents a dividend yield of 0.9%. The ex-dividend date of this dividend is Friday, May 12th. This is a boost from the stock's previous annual dividend of $0.58.
Read our dividend analysis for HDB.

Is HDFC Bank a good dividend stock?: HDFC Bank (NYSE:HDB) pays an annual dividend of $0.58 per share and currently has a dividend yield of 0.96%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 17.85%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HDB will have a dividend payout ratio of 18.24% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for HDB.
What ETFs hold HDFC Bank's stock?: ETFs with the largest weight of HDFC Bank (NYSE:HDB) stock in their portfolio include Harbor International Compounders ETF (OSEA), Emerge EMPWR Sustainable Emerging Markets Equity ETF (EMCH), Matthews Emerging Markets ex China Active ETF (MEMX), Global X Emerging Markets Great Consumer ETF (EMC), OneAscent Emerging Markets ETF (OAEM), Global X Emerging Markets ETF (EMM), Motley Fool Global Opportunities ETF (TMFG) and Emerge EMPWR Sustainable Global Core Equity ETF (EMZA).
What is Sashidhar Jagdishan's approval rating as HDFC Bank's CEO?: 28 employees have rated HDFC Bank Chief Executive Officer Sashidhar Jagdishan on Glassdoor.com. Sashidhar Jagdishan has an approval rating of 88% among the company's employees.
What other stocks do shareholders of HDFC Bank own?: Based on aggregate information from My MarketBeat watchlists, some companies that other HDFC Bank investors own include Alibaba Group (BABA), Tata Motors (TTM), NVIDIA (NVDA), Walt Disney (DIS), Micron Technology (MU), Netflix (NFLX), Tesla (TSLA), Visa (V), PayPal (PYPL) and Infosys (INFY).
Who are HDFC Bank's major shareholders?: HDFC Bank's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include JPMorgan Chase & Co. (1.10%), Morgan Stanley (0.80%), Baillie Gifford & Co. (0.51%), Ameriprise Financial Inc. (0.47%), Schroder Investment Management Group (0.46%) and Fiera Capital Corp (0.45%).
How do I buy shares of HDFC Bank?: Shares of HDB 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.

This page (NYSE:HDB) was last updated on 12/7/2023 by MarketBeat.com Staff

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HDFC Bank Stock Price, News & Analysis (NYSE:HDB)

HDFC Bank MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About HDFC Bank Stock (NYSE:HDB)

HDB Stock Price History

HDB Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Institutional Ownership

HDB Stock Analysis - Frequently Asked Questions

Overall MarketRank^™