Should I buy or sell HDFC Bank stock right now?

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

How have HDB shares performed in 2024?

HDFC Bank's stock was trading at $67.11 at the beginning of 2024. Since then, HDB shares have decreased by 14.5% and is now trading at $57.36. View the best growth stocks for 2024 here .

Are investors shorting HDFC Bank?

HDFC Bank saw a decrease in short interest in March. As of March 31st, there was short interest totaling 11,160,000 shares, a decrease of 15.8% from the March 15th total of 13,250,000 shares. Based on an average daily trading volume, of 3,810,000 shares, the days-to-cover ratio is presently 2.9 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 Monday, April 22nd 2024. View our HDB earnings forecast .

How were HDFC Bank's earnings last quarter?

HDFC Bank Limited (NYSE:HDB) released its quarterly earnings data on Sunday, July, 18th. The bank reported $0.58 earnings per share for the quarter, beating analysts' consensus estimates of $0.56 by $0.02. The bank earned $3.35 billion during the quarter. HDFC Bank had a net margin of 17.34% and a trailing twelve-month return on equity of 15.98%.

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 1.03%. 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 17.90%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HDB will have a dividend payout ratio of 19.66% 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) , Janus Henderson International Sustainable Equity ETF (SXUS) , Emerge EMPWR Sustainable Global Core Equity ETF (EMZA) , First Trust BICK Index Fund (BICK) and Amplify International Enhanced Dividend Income ETF (IDVO) .

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 many different retail and institutional investors. Top institutional investors include Perpetual Ltd (0.06%), ARGA Investment Management LP (0.06%), Sarasin & Partners LLP (0.04%), Financiere des Professionnels Fonds d investissement inc. (0.01%), Rheos Capital Works Inc. (0.00%) and APEIRON CAPITAL Ltd (0.00%).

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NYSE:HDB

HDFC Bank (HDB) Stock Price, News & Analysis

→ Did You Get Your Free Bitcoin Yet? (From Crypto Swap Profits) (Ad)

Free HDB Stock Alerts

$57.41

+0.59 (+1.04%)

(As of 04/18/2024 ET)

Compare

Today's Range: $56.46
▼
$57.50
50-Day Range: $52.38
▼
$59.40
52-Week Range: $52.16
▼
$71.39

Volume: 3.34 million shs
Average Volume: 3.62 million shs
Market Capitalization: $106.78 billion

P/E Ratio: 17.72
Dividend Yield: 1.01%
Price Target: N/A

Get HDFC Bank alerts:

HDFC Bank MarketRank™ Stock Analysis

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
0.60% of Shares Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.47
Based on 11 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 8.86%
From $2.71 to $2.95 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.09 out of 5 stars

Finance Sector

495th out of 830 stocks

Commercial Banks, Not Elsewhere Classified Industry

18th out of 27 stocks

N/A

Analyst's Opinion

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

5.0

Short Interest

Percentage of Shares Shorted
0.60% 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 2.9, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in HDFC Bank has recently decreased by 15.77%, indicating that investor sentiment is improving significantly.

2.5

Dividend Strength

Dividend Yield
HDFC Bank pays a meaningful dividend of 1.03%, higher than 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 17.90%. 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 19.66% 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.

2.5

News and Social Media Coverage

News Sentiment
HDFC Bank has a news sentiment score of 0.47. 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 news sentiment score is similar to the average news sentiment of Finance companies.
News Coverage This Week
MarketBeat has tracked 11 news articles for HDFC Bank this week, compared to 8 articles on an average week.
Search Interest
Only 6 people have searched for HDB on MarketBeat in the last 30 days. This is a decrease of -25% compared to the previous 30 days.
MarketBeat Follows
77 people have added HDFC Bank to their MarketBeat watchlist in the last 30 days. This is an increase of 88% 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 17.61% 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 8.86% in the coming year, from $2.71 to $2.95 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of HDFC Bank is 17.70, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 140.57.
Price to Earnings Ratio vs. Sector
The P/E ratio of HDFC Bank is 17.70, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 59.50.
Price to Earnings Growth Ratio
HDFC Bank has a PEG Ratio of 1.40. 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 3.00. 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

Ad DTI

Biden’s $374B Giveaway Into This Sector

Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here

Click here for the full story

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

April 16, 2024 | msn.com

HDFC Bank Q4 Results Preview: PAT likely to surge 31% with stable margin, asset quality

April 12, 2024 | msn.com

Japan’s MUFG in talks to invest $2 bn in HDB Financial Services, HDFC Bank’s NBFC arm

April 18, 2024 | Crypto 101 Media (Ad)

[Urgent!] Generational Wealth Gameplan

A brand-new guide from the host of one of the world's largest cryptocurrency podcasts lays out an action plan that could help you retire quickly and comfortably in today's crypto market.

April 12, 2024 | bloomberg.com

MUFG Said to Discuss Buying $1.7 Billion Stake in HDFC Unit

April 12, 2024 | sg.finance.yahoo.com

Japan's MUFG to buy stake in India's HDFC Bank unit HDB Financial, Economic Times reports

April 12, 2024 | reuters.com

Japan's MUFG to buy 20% stake in HDFC Bank's IPO-bound arm, reports ET

April 12, 2024 | msn.com

HDFC Bank IFSC Code For Lakshadweep Branch; Lender Becomes First Private Bank To Have Presence In UT

April 10, 2024 | msn.com

HDFC Bank opens branch in Lakshadweep

April 18, 2024 | Crypto 101 Media (Ad)

[Urgent!] Generational Wealth Gameplan

A brand-new guide from the host of one of the world's largest cryptocurrency podcasts lays out an action plan that could help you retire quickly and comfortably in today's crypto market.

April 8, 2024 | msn.com

5 habits of smartphone users that make life easy for hackers, warns HDFC Bank

April 8, 2024 | msn.com

HDFC Bank Share Price Target: Before Q4 Results; Check What Brokerage Firms Say

April 7, 2024 | msn.com

Mcap of 4 of top 10 companies hit Rs 1.71 trillion; HDFC Bank, LIC lead gainers

April 7, 2024 | msn.com

Mcap tracker: HDFC Bank, LIC biggest gainers among Top 10 firms, Reliance loses most

April 6, 2024 | msn.com

‘Jab Gadhe Bechein Toh...': Sanjiv Bhasin's take on HDFC Bank stock BUY and SELL

April 5, 2024 | msn.com

HDFC Bank shares climb 8% in seven sessions; is worst over for this banking stock?

April 5, 2024 | msn.com

Why Are Experts Turning Bullish On HDFC Bank Now?

April 4, 2024 | msn.com

HDFC Bank gets record ₹1.66L cr deposits in Q4

April 4, 2024 | msn.com

HDFC Bank records 55.4% YoY growth in gross advances in Q4FY24

April 4, 2024 | msn.com

HDFC Bank Shares Are Finally Moving But Will The Momentum Sustain?

April 4, 2024 | msn.com

Why HDFC Bank shares are rising today after Q4 gross advances, deposits grow

April 4, 2024 | msn.com

HDFC Bank Q4 update: Gross advances up 1.6%, deposits rise 26%

April 4, 2024 | msn.com

HDFC Bank Q4 business update: Advances up 1.6%, deposits rise 7.5% MoM

April 3, 2024 | seekingalpha.com

HDFC Bank: The Jury Is Still Out, Although The Risk-Reward Is In A Better Place

April 2, 2024 | msn.com

HDFC Bank customers take note! NEFT facility for money transfer may not be available on April 1, 2024 - here’s why

April 2, 2024 | msn.com

'No Means No...' Frustrated over spam calls, Bengaluru doctor slams HDFC Bank; latter responds - Details

April 2, 2024 | msn.com

Is This The Best Time To Invest In HDFC Bank Shares?

April 1, 2024 | msn.com

HDFC Bank Advises Customers To Avoid Using NEFT Money Transfer Method On April 1: Check Details

See More Headlines

Receive HDB Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for HDFC Bank and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings: 7/18/2021
Today: 4/18/2024
Next Earnings (Estimated): 4/22/2024
Fiscal Year End: 3/31/2025

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Finance
Industry: Commercial banks, not elsewhere classified
Sub-Industry: N/A
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): $3.24
Trailing P/E Ratio: 17.73
Forward P/E Ratio: 21.20
P/E Growth: 1.4
Net Income: $6.03 billion
Net Margins: 17.34%
Pretax Margin: 23.22%
Return on Equity: 15.98%
Return on Assets: 1.84%

Debt

Debt-to-Equity Ratio: 1.78
Current Ratio: 0.52
Quick Ratio: 0.52

Sales & Book Value

Annual Sales: $25.50 billion
Price / Sales: 4.19
Cash Flow: $3.37 per share
Price / Cash Flow: 17.02
Book Value: $19.09 per share
Price / Book: 3.01

Miscellaneous

Outstanding Shares: 1,859,910,000
Free Float: 1,841,315,000
Market Cap: $106.83 billion
Optionable: Optionable
Beta: 0.87

Social Links

The Best High-Yield Dividend Stocks for 2024

Looking to generate income with your stock portfolio? Use these ten stocks to generate a safe and reliable source of investment income.

Get This Free Report

Key Executives

Mr. Sashidhar Jagdishan (Age 59)
MD, CEO & Director
Comp: $1.27M
Mr. Kaizad Maneck Bharucha (Age 59)
Deputy MD & Director
Comp: $1.2M
Mr. Srinivasan Vaidyanathan (Age 60)
Chief Financial Officer
Comp: $362.1k
Mr. Bhavesh Chandulal Zaveri (Age 58)
Group Head of Operations, ATM, Cash Management Product & Executive Director
Mr. Rakesh K. Singh (Age 54)
Group Head of Investment Banking, Private Banking, Marketing & Products
Mr. Ramesh Lakshminarayanan (Age 53)
Chief Information Officer & Group Head of IT
Ms. Ashima Khanna Bhat (Age 53)
Group Head of Business Finance & Strategy, Administration, Infrastructure, ESG & CSR
Mr. Ajit Subhas Shetty
Investor Relations Officer
Mr. Santosh Gurudas 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

Should I Buy HDFC Bank Stock? HDB Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in HDFC Bank Limited:

HDFC Bank Limited operates in multiple segments including Wholesale Banking, Retail Banking, and Treasury Services, providing diversified revenue streams and reducing risk exposure.
The company offers a wide range of banking and financial services to individuals and businesses in various countries, showcasing a strong global presence and potential for international growth.
HDFC Bank Limited provides a variety of loan products catering to different needs such as personal, home, car, business, and rural loans, diversifying its revenue sources and customer base.
The bank offers a comprehensive range of credit, debit, prepaid, and forex cards, along with various payment and collection services, enhancing customer convenience and loyalty.
With a strong focus on digital banking services, HDFC Bank Limited is well-positioned to capitalize on the growing trend towards online and mobile banking, ensuring competitiveness in the evolving financial landscape.

Cons

Investors should be bearish about investing in HDFC Bank Limited for these reasons:

The stock price of HDFC Bank Limited may be subject to market volatility and economic uncertainties, impacting short-term returns and investor sentiment.
Regulatory changes in the banking sector, both domestically and internationally, could affect HDFC Bank Limited's operations and profitability, leading to potential risks for investors.
Intense competition in the banking industry, especially from fintech companies and other financial institutions, may pose challenges to HDFC Bank Limited's market share and growth prospects.
Economic downturns or financial crises in key operating regions like India, Bahrain, Hong Kong, and Dubai could negatively impact HDFC Bank Limited's financial performance and stock value.
Interest rate fluctuations and changes in monetary policies could influence HDFC Bank Limited's borrowing costs and lending rates, affecting its margins and profitability in the long run.

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Friday, April 12, 2024. Please send any questions or comments about these HDFC Bank pros and cons to contact@marketbeat.com.

HDB Stock Analysis - Frequently Asked Questions

Should I buy or sell HDFC Bank stock right now?: 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for HDFC Bank in the last year. There are currently 1 buy rating and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "strong buy" HDB shares.
View HDB analyst ratings or view top-rated stocks.
How have HDB shares performed in 2024?: HDFC Bank's stock was trading at $67.11 at the beginning of 2024. Since then, HDB shares have decreased by 14.5% and is now trading at $57.36.
View the best growth stocks for 2024 here.
Are investors shorting HDFC Bank?: HDFC Bank saw a decrease in short interest in March. As of March 31st, there was short interest totaling 11,160,000 shares, a decrease of 15.8% from the March 15th total of 13,250,000 shares. Based on an average daily trading volume, of 3,810,000 shares, the days-to-cover ratio is presently 2.9 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 Monday, April 22nd 2024.
View our HDB earnings forecast.
How were HDFC Bank's earnings last quarter?: HDFC Bank Limited (NYSE:HDB) released its quarterly earnings data on Sunday, July, 18th. The bank reported $0.58 earnings per share for the quarter, beating analysts' consensus estimates of $0.56 by $0.02. The bank earned $3.35 billion during the quarter. HDFC Bank had a net margin of 17.34% and a trailing twelve-month return on equity of 15.98%.
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 1.03%. 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 17.90%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HDB will have a dividend payout ratio of 19.66% 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), Janus Henderson International Sustainable Equity ETF (SXUS), Emerge EMPWR Sustainable Global Core Equity ETF (EMZA), First Trust BICK Index Fund (BICK) and Amplify International Enhanced Dividend Income ETF (IDVO).
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 many different retail and institutional investors. Top institutional investors include Perpetual Ltd (0.06%), ARGA Investment Management LP (0.06%), Sarasin & Partners LLP (0.04%), Financiere des Professionnels Fonds d investissement inc. (0.01%), Rheos Capital Works Inc. (0.00%) and APEIRON CAPITAL Ltd (0.00%).
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:HDB) was last updated on 4/18/2024 by MarketBeat.com Staff

From Our Partners

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial

HDFC Bank (HDB) Stock Price, News & Analysis

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

Should I Buy HDFC Bank Stock? HDB Pros and Cons Explained

Pros

Cons

HDB Stock Analysis - Frequently Asked Questions

Overall MarketRank^™