Horizon Bancorp (HBNC) Stock Price, News & Analysis

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Horizon Bancorp in the last year. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" HBNC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in HBNC, but not buy additional shares or sell existing shares.
View HBNC analyst ratings or view top-rated stocks.

3 equities research analysts have issued twelve-month target prices for Horizon Bancorp's shares. Their HBNC share price targets range from $12.00 to $14.00. On average, they predict the company's stock price to reach $13.00 in the next twelve months. This suggests a possible upside of 13.8% from the stock's current price.
View analysts price targets for HBNC or view top-rated stocks among Wall Street analysts.

Horizon Bancorp's stock was trading at $14.31 on January 1st, 2024. Since then, HBNC shares have decreased by 20.2% and is now trading at $11.42.
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Horizon Bancorp saw a drop in short interest during the month of March. As of March 31st, there was short interest totaling 726,900 shares, a drop of 7.8% from the March 15th total of 788,100 shares. Based on an average daily trading volume, of 161,500 shares, the days-to-cover ratio is presently 4.5 days. Currently, 1.7% of the shares of the stock are short sold.
View Horizon Bancorp's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 24th 2024.
View our HBNC earnings forecast.

Horizon Bancorp will be holding an earnings conference call on Thursday, April 25th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-0088 with passcode "4319315".

Horizon Bancorp, Inc. (NASDAQ:HBNC) issued its earnings results on Wednesday, January, 24th. The financial services provider reported $0.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.29 by $0.04. The financial services provider earned $21.81 million during the quarter, compared to analysts' expectations of $51.50 million. Horizon Bancorp had a net margin of 8.63% and a trailing twelve-month return on equity of 9.42%.

Horizon Bancorp announced a quarterly dividend on Tuesday, March 19th. Investors of record on Friday, April 5th will be paid a dividend of $0.16 per share on Friday, April 19th. This represents a $0.64 annualized dividend and a yield of 5.60%. The ex-dividend date is Thursday, April 4th.
Read our dividend analysis for HBNC.

Horizon Bancorp (NASDAQ:HBNC) pays an annual dividend of $0.64 per share and currently has a dividend yield of 5.67%. HBNC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 100.00%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, HBNC will have a dividend payout ratio of 42.11% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for HBNC.

RiverFront Dynamic US Dividend Advantage ETF holds 49,719 shares of HBNC stock, representing 0.76% of its portfolio.

Shares of Horizon Bancorp split on the morning of Monday, June 18th 2018. The 3-2 split was announced on Wednesday, May 16th 2018. The newly minted shares were distributed to shareholders after the market closes on Friday, June 15th 2018. An investor that had 100 shares of stock prior to the split would have 150 shares after the split.

23 employees have rated Horizon Bancorp Chief Executive Officer Craig M. Dwight on Glassdoor.com. Craig M. Dwight has an approval rating of 86% among the company's employees. 76.0% of employees surveyed would recommend working at Horizon Bancorp to a friend.

Based on aggregate information from My MarketBeat watchlists, some companies that other Horizon Bancorp investors own include Altria Group (MO), AT&T (T), AllianceBernstein (AB), ONEOK (OKE), AbbVie (ABBV), Enbridge (ENB), Enterprise Products Partners (EPD), Energy Transfer (ET), Huntington Bancshares (HBAN) and International Paper (IP).

Horizon Bancorp's stock is owned by many different retail and institutional investors. Top institutional investors include Indiana Trust & Investment Management CO (0.18%) and Capital Asset Advisory Services LLC (0.04%). Insiders that own company stock include Todd A Etzler, Kathie A Deruiter, Susan D Aaron, Craig M Dwight and James D Neff.
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Shares of HBNC 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.
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