NYSE:HDB HDFC Bank (HDB) Stock Forecast, Price & News $64.81 0.00 (0.00%) (As of 05/30/2023 ET) Add Compare Share Share Today's Range$64.67▼$65.5650-Day Range$62.81▼$70.8952-Week Range$51.04▼$71.76Volume1.73 million shsAverage Volume1.52 million shsMarket Capitalization$119.80 billionP/E Ratio21.18Dividend Yield0.91%Price TargetN/A ProfileProfileChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media HDFC Bank MarketRank™ ForecastAnalyst RatingN/AUpside/DownsideN/AShort InterestHealthy0.18% of Shares Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.45Based on 9 Articles This WeekInsider TradingN/AProj. Earnings Growth17.09%From $3.51 to $4.11 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.53 out of 5 starsFinance Sector417th out of 905 stocksCommercial Banks, Not Elsewhere Classified Industry16th out of 33 stocks N/A Analyst's Opinion Consensus RatingThere is not enough analysis data for HDFC Bank. Previous Next 3.0 Short Interest Percentage of Shares Shorted0.18% of the outstanding shares of HDFC Bank have been sold short.Short Interest Ratio / Days to CoverHDFC Bank has a short interest ratio ("days to cover") of 2.1, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in HDFC Bank has recently increased by 27.95%, indicating that investor sentiment is decreasing significantly. Previous Next 1.7 Dividend Strength Dividend YieldHDFC Bank has a dividend yield of 0.92%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthHDFC Bank has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of HDFC Bank is 19.28%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, HDFC Bank will have a dividend payout ratio of 14.36% next year. This indicates that HDFC Bank will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for HDB. Previous Next 3.0 News and Social Media Coverage News SentimentHDFC Bank has a news sentiment score of 0.45. 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 0.68 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 9 news articles for HDFC Bank this week, compared to 5 articles on an average week.Search Interest6 people have searched for HDB on MarketBeat in the last 30 days. MarketBeat Follows5 people have added HDFC Bank to their MarketBeat watchlist in the last 30 days. This is an increase of 25% compared to the previous 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, HDFC Bank insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.00% of the stock of HDFC Bank is held by insiders.Percentage Held by InstitutionsOnly 17.50% of the stock of HDFC Bank is held by institutions. Previous Next 3.8 Earnings and Valuation Earnings GrowthEarnings for HDFC Bank are expected to grow by 17.09% in the coming year, from $3.51 to $4.11 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of HDFC Bank is 21.18, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 130.69.Price to Earnings Ratio vs. SectorThe P/E ratio of HDFC Bank is 21.18, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 157.95.Price to Earnings Growth RatioHDFC Bank has a PEG Ratio of 0.96. PEG Ratios around 1 indicate that a company is correctly valued.Price to Book Value per Share RatioHDFC Bank has a P/B Ratio of 3.30. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About HDFC Bank (NYSE:HDB) StockHDFC Bank Ltd. engages in the provision of banking and financial services, including commercial banking and treasury operations. The firm also provides financial services to upper and middle income individuals and corporations in India. It operates through the following segments: Treasury, Retail Banking, Wholesale Banking and Other Banking Operations. The Treasury segment consists of bank's investment portfolio, money market borrowing and lending, investment operations and trading in foreign exchange and derivative contracts. The Retail Banking segment provides loans and other services to customers through a branch network and other delivery channels. The Wholesale Banking segment provides loans, non-fund facilities and transaction services to large corporates, emerging corporates, public sector units, government bodies, financial institutions, and medium scale enterprises. The Other Banking Business segment includes income from para banking activities such as credit cards, debit cards, third party product distribution, primary dealership business, and the associated costs. The company was founded by Aditya Tapishwar Puri in August 1994 and is headquartered in Mumbai, India.Read More 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. Email Address HDB Stock News HeadlinesMay 26, 2023 | sg.finance.yahoo.comHDFC-HDFC Bank merger in 4-5 weeks; bank's margin to drop, say analystsMay 25, 2023 | msn.comHDFC Bank HDFC merger in 5 weeks top highlights from analyst meet bse nse share price sensex niftyMay 30, 2023 | Behind the Markets (Ad)The single greatest medical breakthrough of all time?We are on the cusp of a medical breakthrough. And soon, this single breakthrough could lead to the cure of over 6,000 genetic diseases, including Alzheimer's, heart disease, and even cancer! This reminds me of Amgen, where early investors made as much as 46,751% when they released their revolutionary drug to the market.May 25, 2023 | benzinga.comHere's How Much You Would Have Made Owning HDFC Bank Stock In The Last 20 YearsMay 25, 2023 | msn.comHDFC Bank shares at Rs 1,960? Analysts see up to 21% upside for stock post management meet. Here's whyMay 25, 2023 | msn.comHDFC Bank analyst meet: What management says on HDFC merger; share price targets & moreMay 25, 2023 | msn.comWhy HDFC Bank remains a preferred pick of top brokeragesMay 15, 2023 | msn.comPost-merger HDFC Bank faces `dharmsankat’ over life insurance arm, says MacquarieMay 30, 2023 | Behind the Markets (Ad)The single greatest medical breakthrough of all time?We are on the cusp of a medical breakthrough. And soon, this single breakthrough could lead to the cure of over 6,000 genetic diseases, including Alzheimer's, heart disease, and even cancer! This reminds me of Amgen, where early investors made as much as 46,751% when they released their revolutionary drug to the market.May 12, 2023 | msn.comBAP vs. HDB: Which Stock Should Value Investors Buy Now?May 11, 2023 | finance.yahoo.com3 Reasons Growth Investors Will Love HDFC Bank (HDB)May 11, 2023 | msn.comHDFC and HDFC Bank merger to bring changes to interest rates and rules? Know hereMay 8, 2023 | msn.comNow get an HDFC Bank personal loan in 10 secondsMay 8, 2023 | marketwatch.comHDFC Bank rises Monday, outperforms marketMay 5, 2023 | msn.comHDFC Bank Share Price Today: Stock Tumbles By Over 5 Pc | Check Reason Why It Is In RedMay 5, 2023 | msn.comHDFC Bank, HDFC shares plunge up to 6%, lose Rs 64,000 crore in m-cap today. Here's whyMay 5, 2023 | msn.comHDFC Bank, HDFC Shares Tank Up To 6% After MSCI Tweak. What Should Investors Do?May 5, 2023 | finance.yahoo.comINDIA STOCKS-Slide in HDFC, HDFC Bank erases weekly gains for Indian sharesMay 5, 2023 | msn.comHDFC Bank merged entity may see $150-200 million outflows on MSCI tweak, says NuvamaMay 5, 2023 | finance.yahoo.comINDIA STOCKS-HDFC, HDFC Bank weigh on Indian shares amid weak global cuesMay 4, 2023 | marketwatch.comHDFC Bank rises Thursday, outperforms marketMay 4, 2023 | reuters.comHDFC Bank to open more than 675 branches in semi-urban, rural areas in FY24 - officialMay 2, 2023 | marketwatch.comHDFC Bank falls Tuesday, underperforms marketMay 1, 2023 | msn.comHDFC Bank launches digital distribution platform; plans to reach 2 lakh villages in 12-18 monthsApril 28, 2023 | marketwatch.comHDFC Bank rises Friday, still underperforms marketApril 27, 2023 | msn.comBSE and NSE approve transfer of NCDs from HDFC Ltd to HDFC BankApril 27, 2023 | msn.comHDFC Bank appoints Kaizad Bharucha as deputy managing director — more about himSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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. Email Address HDB Company Calendar Last Earnings7/18/2021Ex-Dividend for 5/12 Dividend5/12/2023Dividend Payable5/12/2023Today5/30/2023Next Earnings (Estimated)7/21/2023Fiscal Year End3/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Commercial banks, not elsewhere classified Sub-IndustryN/A SectorFinance Current SymbolNYSE:HDB CUSIPN/A CIK1144967 Webwww.hdfcbank.com Phone912266521000Fax91-22-2496-0737Employees141,579Year Founded1994Profitability EPS (Most Recent Fiscal Year)$3.06 Trailing P/E Ratio21.18 Forward P/E Ratio18.46 P/E Growth0.96Net Income$5.75 billion Net Margins22.46% Pretax Margin30.05% Return on Equity16.89% Return on Assets1.97% Debt Debt-to-Equity Ratio0.79 Current Ratio0.32 Quick Ratio0.36 Sales & Book Value Annual Sales$25.50 billion Price / Sales4.70 Cash Flow$3.26 per share Price / Cash Flow19.89 Book Value$19.63 per share Price / Book3.30Miscellaneous Outstanding Shares1,848,510,000Free Float1,830,029,000Market Cap$119.80 billion OptionableOptionable Beta0.75 Social Links Key ExecutivesSashidhar JagdishanChief Executive Officer, Director & MDBhavesh ZaveriExecutive Director & Group Head-OperationsSrinivasan VaidyanathanChief Financial OfficerParag RaoHead-Payments Business, Digital & ITRamesh LakshminarayananChief Information Officer & Group Head-ITKey CompetitorsToronto-Dominion BankNYSE:TDRoyal Bank of CanadaNYSE:RYMitsubishi UFJ Financial GroupNYSE:MUFGICICI BankNYSE:IBNBank of MontrealNYSE:BMOView All CompetitorsInstitutional OwnershipAmeriprise Financial Inc.Bought 1,667,336 shares on 5/22/2023Ownership: 0.455%JPMorgan Chase & Co.Sold 285,336 shares on 5/18/2023Ownership: 1.684%New York State Common Retirement FundBought 310 shares on 5/18/2023Ownership: 0.001%GSB Wealth Management LLCSold 2,571 shares on 5/18/2023Ownership: 0.001%Rockefeller Capital Management L.P.Sold 829 shares on 5/17/2023Ownership: 0.000%View All Institutional Transactions HDB Stock - Frequently Asked Questions 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 stock has decreased by 5.3% and is now trading at $64.81. 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 May. As of May 15th, there was short interest totaling 3,250,000 shares, an increase of 28.0% from the April 30th total of 2,540,000 shares. Based on an average trading volume of 1,570,000 shares, the days-to-cover ratio is currently 2.1 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, July 21st 2023. 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 (EPS) 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 22.46% and a trailing twelve-month return on equity of 16.89%. 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. Investors 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 is Friday, May 12th. This is an increase from the stock's previous annual dividend of $0.58. 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), Matthews Emerging Markets ex China Active ETF (MEMX), Emerge EMPWR Sustainable Emerging Markets Equity ETF (EMCH), OneAscent Emerging Markets ETF (OAEM), Motley Fool Global Opportunities ETF (TMFG), Columbia EM Core ex-China ETF (XCEM), JPMorgan Social Advancement ETF (UPWD) and Emerge EMPWR Sustainable Global Core Equity ETF (EMZA). Is HDFC Bank a good dividend stock? HDFC Bank (NYSE:HDB) pays an annual dividend of $0.59 per share and currently has a dividend yield of 0.92%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 19.28%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HDB will have a dividend payout ratio of 14.36% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for HDB. 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). What is HDFC Bank's stock symbol? HDFC Bank trades on the New York Stock Exchange (NYSE) under the ticker symbol "HDB." 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. (1.68%), GQG Partners LLC (1.12%), FIL Ltd (0.61%), Harding Loevner LP (0.56%), Fiera Capital Corp (0.51%) and Ameriprise Financial Inc. (0.46%). 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. What is HDFC Bank's stock price today? One share of HDB stock can currently be purchased for approximately $64.81. How much money does HDFC Bank make? HDFC Bank (NYSE:HDB) has a market capitalization of $119.80 billion and generates $25.50 billion in revenue each year. The bank earns $5.75 billion in net income (profit) each year or $3.06 on an earnings per share basis. How many employees does HDFC Bank have? The company employs 141,579 workers across the globe. How can I contact HDFC Bank? HDFC Bank's mailing address is Senapati Bapat Marg Lower Parel, Mumbai K7, 400013. The official website for the company is www.hdfcbank.com. The bank can be reached via phone at 912266521000, via email at shareholder.grievances@hdfcbank.com, or via fax at 91-22-2496-0737. This page (NYSE:HDB) was last updated on 5/30/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding HDFC Bank Limited Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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