NYSE:HDB HDFC Bank - HDB Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium 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. $64.40 +1.01 (+1.59%) (As of 03/27/2023 12:46 PM ET) Add Compare Share Share Today's Range$63.23▼$64.6250-Day Range$62.31▼$71.4452-Week Range$50.61▼$71.76Volume669,018 shsAverage Volume1.45 million shsMarket Capitalization$119.04 billionP/E Ratio21.54Dividend Yield0.76%Price TargetN/A ProfileChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media HDFC Bank MarketRank™ ForecastAnalyst RatingN/AUpside/DownsideN/AShort InterestHealthy0.15% of Shares Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.44Based on 5 Articles This WeekInsider TradingN/AProj. Earnings Growth17.53%From $2.91 to $3.42 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.2.47 out of 5 starsFinance Sector687th out of 884 stocksCommercial Banks, Not Elsewhere Classified Industry24th out of 31 stocks N/A Analyst's Opinion Consensus RatingThere is not enough analysis data for HDFC Bank. Previous Next 5.0 Short Interest Percentage of Shares Shorted0.15% 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, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in HDFC Bank has recently decreased by 14.46%, indicating that investor sentiment is improving significantly. Previous Next 1.7 Dividend Strength Dividend YieldHDFC Bank has a dividend yield of 0.77%, 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 16.39%. 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 14.33% 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 1.9 News and Social Media Coverage News SentimentHDFC Bank has a news sentiment score of 0.44. 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 0.74 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 5 news articles for HDFC Bank this week, compared to 4 articles on an average week.Search InterestOnly 3 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 FollowsOnly 2 people have added HDFC Bank to their MarketBeat watchlist in the last 30 days. This is a decrease of -90% 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 3.1 Earnings and Valuation Earnings GrowthEarnings for HDFC Bank are expected to grow by 17.53% in the coming year, from $2.91 to $3.42 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of HDFC Bank is 21.53, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 112.83.Price to Earnings Ratio vs. SectorThe P/E ratio of HDFC Bank is 21.53, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 135.82.Price to Earnings Growth RatioHDFC Bank has a PEG Ratio of 1.24. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioHDFC Bank has a P/B Ratio of 3.60. 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 HeadlinesMarch 27, 2023 | barrons.comEmerging Market Banks Are Holding Up. Watch These 6 Stocks.March 23, 2023 | forbes.comHDFC Bank Car Loan Interest RateMarch 27, 2023 | UNKNOWN (Ad)The Value Of This Metal Is Going Unnoticed By Wall St.This Stock Could Be Undervalued Considering The Race For Renewable Energy Is Here!March 18, 2023 | msn.comNCLT approves HDFC’s merger with HDFC BankMarch 17, 2023 | msn.comHDFC-HDFC Bank merger gets NCLT clearanceMarch 17, 2023 | msn.comNCLT Greenlights HDFC-HDFC Bank MergerMarch 17, 2023 | reuters.comIndia's HDFC to consider $6.9 bln fund raise by issuing debtMarch 9, 2023 | msn.comHDFC Bank customers complain of glitch in internet banking servicesMarch 27, 2023 | UNKNOWN (Ad)The Value Of This Metal Is Going Unnoticed By Wall St.This Stock Could Be Undervalued Considering The Race For Renewable Energy Is Here!March 9, 2023 | msn.comHDFC Bank users confidential data leaked, claims hacker; bank deniesMarch 8, 2023 | msn.comHDB Financial confirms leak of customers’ personal information in a data breachMarch 8, 2023 | msn.comHDFC Bank's non-bank lending unit confirms data breachMarch 7, 2023 | msn.comIndia's HDB Financial Services flags data breach at service providerMarch 7, 2023 | msn.com'HDFC Bank account will be suspended': Bank warns customers against fraudulent messages on KYC, PAN updatesMarch 5, 2023 | msn.comScammer Sent Fraud Message To Software Engineer Behalf Of HDFC Bank- What Happens Next Will Make You CrazyMarch 4, 2023 | msn.comHDFC Bank proposes re-appointment of Sashidhar Jagdishan as MD, CEO for 3 yearsFebruary 22, 2023 | msn.comPNB vs HDFC Bank: Check latest interest rate hike on FDs under Rs 2 croreFebruary 20, 2023 | msn.comHDFC Bank hikes interest rate on bulk fixed deposits of more than Rs 2 croreFebruary 18, 2023 | msn.comHDFC Bank Hikes Interest Rates On Bulk Fixed Deposits: Check Revised Rates For Senior CitizensFebruary 16, 2023 | nasdaq.comWF or HDB: Which Is the Better Value Stock Right Now?February 16, 2023 | reuters.comIndia's HDFC raises $3 bln in largest-ever local bond issue-bankersFebruary 15, 2023 | reuters.comIndian lender HDFC's biggest-ever bond issue to see strong demand - bankersFebruary 3, 2023 | sg.finance.yahoo.comIndia's bond, forex market seen rangebound in 2023 as risks priced in - HDFC Bank treasurerFebruary 2, 2023 | msn.com‘Expect HDFC-HDFC Bank merger to be completed by July’January 31, 2023 | finance.yahoo.comWF vs. HDB: Which Stock Is the Better Value Option?January 30, 2023 | msn.comHDFC Bank, Infosys: Why Ashika sees 10% upside in these bluechips amid the volatilityJanuary 29, 2023 | msn.comHDFC Bank Hikes FD Rates- Check New Rates, Fixed Deposit Calculator, Other DetailsSee 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 Earnings1/14/2023Today3/27/2023Fiscal Year End3/31/2023Next Earnings (Estimated)4/17/2023Get 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)$2.99 Trailing P/E Ratio21.20 Forward P/E Ratio21.78 P/E Growth1.24Net Income$5.09 billion Net Margins22.90% Pretax Margin21.46% Return on Equity16.86% Return on Assets1.98% Debt Debt-to-Equity Ratio0.79 Current Ratio0.36 Quick Ratio0.36 Sales & Book Value Annual Sales$22.51 billion Price / Sales5.21 Cash Flow$2.96 per share Price / Cash Flow21.41 Book Value$17.89 per share Price / Book3.54Miscellaneous Outstanding Shares1,848,510,000Free Float1,830,029,000Market Cap$117.18 billion OptionableOptionable Beta0.75 Social Links Key ExecutivesSashidhar JagdishanChief Executive Officer, Director & MDBhavesh ZaveriGroup Head-Operations, IT & ATMSrinivasan VaidyanathanChief Financial OfficerParag RaoHead-Payments Business, Digital & ITRamesh LakshminarayananChief Information Officer & Group Head-ITKey CompetitorsRoyal Bank of CanadaNYSE:RYToronto-Dominion BankNYSE:TDMitsubishi UFJ Financial GroupNYSE:MUFGICICI BankNYSE:IBNBank of MontrealNYSE:BMOView All CompetitorsInstitutional OwnershipPictet North America Advisors SASold 16,706 shares on 3/22/2023Ownership: 0.002%B. Riley Wealth Advisors Inc.Bought 3,026 shares on 3/15/2023Ownership: 0.000%Mather Group LLC.Sold 277 shares on 3/10/2023Ownership: 0.000%Rockefeller Capital Management L.P.Bought 1,656 shares on 3/6/2023Ownership: 0.000%OLD Mission Capital LLCBought 546 shares on 3/6/2023Ownership: 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 beginning of the year. Since then, HDB stock has decreased by 6.8% and is now trading at $63.77. View the best growth stocks for 2023 here. Are investors shorting HDFC Bank? HDFC Bank saw a decrease in short interest during the month of February. As of February 15th, there was short interest totaling 3,120,000 shares, a decrease of 7.7% from the January 31st total of 3,380,000 shares. Based on an average trading volume of 1,280,000 shares, the short-interest ratio is currently 2.4 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 17th 2023. View our HDB earnings forecast. How were HDFC Bank's earnings last quarter? HDFC Bank Limited (NYSE:HDB) posted its quarterly earnings data on Saturday, January, 14th. The bank reported $0.83 earnings per share for the quarter, beating the consensus estimate of $0.82 by $0.01. The bank earned $4.09 billion during the quarter, compared to analyst estimates of $3.69 billion. HDFC Bank had a net margin of 22.90% and a trailing twelve-month return on equity of 16.86%. How often does HDFC Bank pay dividends? What is the dividend yield for HDFC Bank? HDFC Bank announced an annual dividend on Friday, July 22nd. Shareholders of record on Thursday, May 12th will be paid a dividend of $0.5805 per share on Wednesday, July 27th. This represents a yield of 0.8%. The ex-dividend date of this dividend is Tuesday, July 19th. This is an increase from the stock's previous annual dividend of $0.52. 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), OneAscent Emerging Markets ETF (OAEM), Motley Fool Global Opportunities ETF (TMFG), Emerge EMPWR Sustainable Global Core Equity ETF (EMZA), Columbia EM Core ex-China ETF (XCEM), JPMorgan Social Advancement ETF (UPWD) and AdvisorShares Dorsey Wright ADR ETF (AADR). Is HDFC Bank a good dividend stock? HDFC Bank (NYSE:HDB) pays an annual dividend of $0.49 per share and currently has a dividend yield of 0.77%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 16.39%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HDB will have a dividend payout ratio of 14.33% 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 number of retail and institutional investors. Top institutional investors include JPMorgan Chase & Co. (1.70%), Morgan Stanley (0.91%), Schroder Investment Management Group (0.58%), Fiera Capital Corp (0.51%), Jennison Associates LLC (0.36%) and American Century Companies Inc. (0.34%). 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 $63.77. How much money does HDFC Bank make? HDFC Bank (NYSE:HDB) has a market capitalization of $117.88 billion and generates $22.51 billion in revenue each year. The bank earns $5.09 billion in net income (profit) each year or $2.99 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 3/27/2023 by MarketBeat.com Staff 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. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 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