NYSE:HDB

HDFC Bank (HDB) Stock Forecast, Price & News

$64.81

0.00 (0.00%)

(As of 05/30/2023 ET)

Compare

Today's Range: $64.67
▼
$65.56
50-Day Range: $62.81
▼
$70.89
52-Week Range: $51.04
▼
$71.76

Volume: 1.73 million shs
Average Volume: 1.52 million shs
Market Capitalization: $119.80 billion

P/E Ratio: 21.18
Dividend Yield: 0.91%
Price Target: N/A

HDFC Bank MarketRank™ Forecast

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
0.18% of Shares Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.45
Based on 9 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 17.09%
From $3.51 to $4.11 Per Share

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 stars

Finance Sector

417th out of 905 stocks

Commercial Banks, Not Elsewhere Classified Industry

16th out of 33 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
0.18% 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 2.1, 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 27.95%, indicating that investor sentiment is decreasing significantly.

1.7

Dividend Strength

Dividend Yield
HDFC Bank has a dividend yield of 0.92%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
HDFC Bank has only been increasing its dividend for 1 years.
Dividend Coverage
The dividend payout ratio of HDFC Bank is 19.28%. 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 14.36% 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.

3.0

News and Social Media Coverage

News Sentiment
HDFC 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 Week
MarketBeat has tracked 9 news articles for HDFC Bank this week, compared to 5 articles on an average week.
Search Interest
6 people have searched for HDB on MarketBeat in the last 30 days.
MarketBeat Follows
5 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.

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 17.50% of the stock of HDFC Bank is held by institutions.

3.8

Earnings and Valuation

Earnings Growth
Earnings 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 Market
The 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. Sector
The 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 Ratio
HDFC 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 Ratio
HDFC 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.

See Top Rated MarketRank™ Stocks Here

About HDFC Bank (NYSE:HDB) Stock

HDFC 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.

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HDB Stock News Headlines

May 26, 2023 | sg.finance.yahoo.com

HDFC-HDFC Bank merger in 4-5 weeks; bank's margin to drop, say analysts

May 25, 2023 | msn.com

HDFC Bank HDFC merger in 5 weeks top highlights from analyst meet bse nse share price sensex nifty

May 30, 2023 | Behind the Markets (Ad)

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May 25, 2023 | benzinga.com

Here's How Much You Would Have Made Owning HDFC Bank Stock In The Last 20 Years

May 25, 2023 | msn.com

HDFC Bank shares at Rs 1,960? Analysts see up to 21% upside for stock post management meet. Here's why

May 25, 2023 | msn.com

HDFC Bank analyst meet: What management says on HDFC merger; share price targets & more

May 25, 2023 | msn.com

Why HDFC Bank remains a preferred pick of top brokerages

May 15, 2023 | msn.com

Post-merger HDFC Bank faces `dharmsankat’ over life insurance arm, says Macquarie

May 30, 2023 | Behind the Markets (Ad)

The single greatest medical breakthrough of all time?

May 12, 2023 | msn.com

BAP vs. HDB: Which Stock Should Value Investors Buy Now?

May 11, 2023 | finance.yahoo.com

3 Reasons Growth Investors Will Love HDFC Bank (HDB)

May 11, 2023 | msn.com

HDFC and HDFC Bank merger to bring changes to interest rates and rules? Know here

May 8, 2023 | msn.com

Now get an HDFC Bank personal loan in 10 seconds

May 8, 2023 | marketwatch.com

HDFC Bank rises Monday, outperforms market

May 5, 2023 | msn.com

HDFC Bank Share Price Today: Stock Tumbles By Over 5 Pc | Check Reason Why It Is In Red

May 5, 2023 | msn.com

HDFC Bank, HDFC shares plunge up to 6%, lose Rs 64,000 crore in m-cap today. Here's why

May 5, 2023 | msn.com

HDFC Bank, HDFC Shares Tank Up To 6% After MSCI Tweak. What Should Investors Do?

May 5, 2023 | finance.yahoo.com

INDIA STOCKS-Slide in HDFC, HDFC Bank erases weekly gains for Indian shares

May 5, 2023 | msn.com

HDFC Bank merged entity may see $150-200 million outflows on MSCI tweak, says Nuvama

May 5, 2023 | finance.yahoo.com

INDIA STOCKS-HDFC, HDFC Bank weigh on Indian shares amid weak global cues

May 4, 2023 | marketwatch.com

HDFC Bank rises Thursday, outperforms market

May 4, 2023 | reuters.com

HDFC Bank to open more than 675 branches in semi-urban, rural areas in FY24 - official

May 2, 2023 | marketwatch.com

HDFC Bank falls Tuesday, underperforms market

May 1, 2023 | msn.com

HDFC Bank launches digital distribution platform; plans to reach 2 lakh villages in 12-18 months

April 28, 2023 | marketwatch.com

HDFC Bank rises Friday, still underperforms market

April 27, 2023 | msn.com

BSE and NSE approve transfer of NCDs from HDFC Ltd to HDFC Bank

April 27, 2023 | msn.com

HDFC Bank appoints Kaizad Bharucha as deputy managing director — more about him

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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HDB Company Calendar

Last Earnings: 7/18/2021
Ex-Dividend for 5/12 Dividend: 5/12/2023
Dividend Payable: 5/12/2023
Today: 5/30/2023
Next Earnings (Estimated): 7/21/2023
Fiscal Year End: 3/31/2024

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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: 141,579
Year Founded: 1994

Profitability

EPS (Most Recent Fiscal Year): $3.06
Trailing P/E Ratio: 21.18
Forward P/E Ratio: 18.46
P/E Growth: 0.96
Net Income: $5.75 billion
Net Margins: 22.46%
Pretax Margin: 30.05%
Return on Equity: 16.89%
Return on Assets: 1.97%

Debt

Debt-to-Equity Ratio: 0.79
Current Ratio: 0.32
Quick Ratio: 0.36

Sales & Book Value

Annual Sales: $25.50 billion
Price / Sales: 4.70
Cash Flow: $3.26 per share
Price / Cash Flow: 19.89
Book Value: $19.63 per share
Price / Book: 3.30

Miscellaneous

Outstanding Shares: 1,848,510,000
Free Float: 1,830,029,000
Market Cap: $119.80 billion
Optionable: Optionable
Beta: 0.75

Social Links

Key Executives

Sashidhar Jagdishan
Chief Executive Officer, Director & MD

Bhavesh Zaveri
Executive Director & Group Head-Operations

Srinivasan Vaidyanathan
Chief Financial Officer

Parag Rao
Head-Payments Business, Digital & IT

Ramesh Lakshminarayanan
Chief Information Officer & Group Head-IT

Key Competitors

View All Competitors

Institutional Ownership

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

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HDFC Bank (HDB) Stock Forecast, Price & News

HDFC Bank MarketRank™ Forecast

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 (NYSE:HDB) Stock

HDB Stock News Headlines

HDB Company Calendar

Industry, Sector and Symbol

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Institutional Ownership

HDB Stock - Frequently Asked Questions

Overall MarketRank^™