NASDAQ:HBNC Horizon Bancorp (HBNC) Stock Price, News & Analysis → Dems have chosen Biden replacement? (From Paradigm Press) (Ad) Free HBNC Stock Alerts $12.65 -0.04 (-0.32%) (As of 05/10/2024 ET) Add Compare Share Share Today's Range$12.58▼$12.7750-Day Range$11.29▼$12.8352-Week Range$7.69▼$14.71Volume100,955 shsAverage Volume145,382 shsMarket Capitalization$557.99 millionP/E Ratio23.43Dividend Yield5.06%Price Target$12.50 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get Horizon Bancorp alerts: Email Address Horizon Bancorp MarketRank™ Stock AnalysisAnalyst RatingHold2.33 Rating ScoreUpside/Downside1.2% Downside$12.50 Price TargetShort InterestBearish1.90% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-0.61Upright™ Environmental ScoreNews Sentiment0.73Based on 4 Articles This WeekInsider TradingN/AProj. Earnings Growth13.64%From $1.32 to $1.50 Per ShareSee Full Details Hide Full Details 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.3.95 out of 5 starsFinance Sector287th out of 876 stocksState Commercial Banks Industry62nd out of 178 stocks 1.2 Analyst's Opinion Consensus RatingHorizon Bancorp has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.Amount of Analyst CoverageHorizon Bancorp has only been the subject of 1 research reports in the past 90 days.Read more about Horizon Bancorp's stock forecast and price target. Previous Next 2.0 Short Interest Percentage of Shares Shorted1.90% of the float of Horizon Bancorp has been sold short.Short Interest Ratio / Days to CoverHorizon Bancorp has a short interest ratio ("days to cover") of 5.2.Change versus previous monthShort interest in Horizon Bancorp has recently increased by 7.51%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend LeadershipHorizon Bancorp is a leading dividend payer. It pays a dividend yield of 5.14%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthHorizon Bancorp does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Horizon Bancorp is 118.52%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, Horizon Bancorp will have a dividend payout ratio of 42.67% next year. This indicates that Horizon Bancorp will be able to sustain or increase its dividend.Read more about Horizon Bancorp's dividend. Previous Next 3.3 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreHorizon Bancorp has received a 37.31% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Retirement saving services", "Cash withdrawal services", "Mortgages provided by brick and mortar banks", "Mortgage loans for corporations", "Home equity loans", and "Payment platform" products. See details.Environmental SustainabilityThe Environmental Impact score for Horizon Bancorp is -0.61. Previous Next 2.6 News and Social Media Coverage News SentimentHorizon Bancorp has a news sentiment score of 0.73. 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 higher news sentiment than the 0.55 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Horizon Bancorp this week, compared to 2 articles on an average week.Search InterestOnly 1 people have searched for HBNC 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 Horizon Bancorp to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Horizon Bancorp insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 2.79% of the stock of Horizon Bancorp is held by insiders.Percentage Held by Institutions64.51% of the stock of Horizon Bancorp is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Horizon Bancorp's insider trading history. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Horizon Bancorp are expected to grow by 13.64% in the coming year, from $1.32 to $1.50 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Horizon Bancorp is 23.43, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.04.Price to Earnings Ratio vs. SectorThe P/E ratio of Horizon Bancorp is 23.43, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 49.29.Price to Book Value per Share RatioHorizon Bancorp has a P/B Ratio of 0.78. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about Horizon Bancorp's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Crypto 101 MediaElon Musk Secret Crypto Plot ExposedReports of a leaked meeting between Elon Musk and staff at X.com could send shockwaves through the crypto market. Musk revealed a "mind-blowing" plan to take over the global payment system. In his own words, the world's richest man said "you won't need a bank account." Prominent voices in crypto believe what comes next will mirror a crypto mass adoption similar to the one that triggered bitcoin's last bull run.Click here now to get your copy. About Horizon Bancorp Stock (NASDAQ:HBNC)Horizon Bancorp, Inc. operates as the bank holding company for Horizon Bank that engages in the provision of commercial and retail banking services. The company offers checking, saving, money market, certificate of deposits, individual retirement accounts, and time deposits, as well as non-interest- and interest-bearing demand deposits. It also provides commercial, residential real estate, mortgage, home equity, auto, personal, business, agricultural, and SBA loans, as well as credit cards. In addition, the company offers corporate and individual trust and agency, investment management, and real estate investment trust services; debit cards; treasury management; online and mobile banking; wealth, retirement, and estate and trust services; and sells various insurance products. It operates through full-service offices in northern and central Indiana and southern and central Michigan. Horizon Bancorp, Inc. was founded in 1873 and is headquartered in Michigan City, Indiana.Read More HBNC Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart HBNC Stock News HeadlinesMay 7, 2024 | americanbankingnews.comHorizon Bancorp (NASDAQ:HBNC) Lowered to "Sell" at StockNews.comMay 2, 2024 | seekingalpha.comHorizon Bancorp: Attractive Dividend Yield And A Positive Earnings OutlookMay 11, 2024 | TradeSmith (Ad)The A.I. story nobody is telling you (Read ASAP)There's been a lot of buzz surrounding A.I. over the past year... Most of it is just hype and speculation. But there's one recent A.I. development you NEED to hear about...April 30, 2024 | insidermonkey.comHorizon Bancorp, Inc. (NASDAQ:HBNC) Q1 2024 Earnings Call TranscriptApril 30, 2024 | finance.yahoo.comHorizon Bancorp First Quarter 2024 Earnings: EPS Beats Expectations, Revenues LagApril 29, 2024 | seekingalpha.comHorizon Bancorp, Inc. (HBNC) Q1 2024 Earnings Call TranscriptApril 25, 2024 | msn.comHBNC Stock Earnings: Horizon Bancorp Beats EPS, Misses Revenue for Q1 2024April 24, 2024 | sfgate.comHorizon Bancorp: Q1 Earnings SnapshotMay 11, 2024 | TradeSmith (Ad)The A.I. story nobody is telling you (Read ASAP)There's been a lot of buzz surrounding A.I. over the past year... Most of it is just hype and speculation. But there's one recent A.I. development you NEED to hear about...April 24, 2024 | globenewswire.comHorizon Bancorp, Inc. Reports Solid First Quarter 2024 Results Including EPS of $0.32, Net Interest Margin Expansion, Loan Growth and Well-Managed Operating ExpensesApril 23, 2024 | markets.businessinsider.comHorizon Bancorp (Ind earnings: here's what Wall Street expectsApril 18, 2024 | seekingalpha.comHorizon Technology Finance: This 12% Yield Is Not As Risky As It Looks (Rating Upgrade)April 12, 2024 | msn.comBring Me The Horizon Drops Hints About Upcoming Album: 'It's Time for a New Era'April 10, 2024 | benzinga.comFirst Horizon Analyst Sees 'Increased Potential For More Aggressive Capital Return' In 2024April 1, 2024 | finance.yahoo.comHorizon Bancorp, Inc. Announces Conference Call to Review First Quarter Results on April 25April 1, 2024 | globenewswire.comHorizon Bancorp, Inc. Announces Conference Call to Review First Quarter Results on April 25March 31, 2024 | finance.yahoo.comHere's Why We're Wary Of Buying Horizon Bancorp's (NASDAQ:HBNC) For Its Upcoming DividendMarch 26, 2024 | bizjournals.comFirst Horizon Foundation launches 'Grants for Good' campaignMarch 14, 2024 | markets.businessinsider.comKBW Sticks to Their Hold Rating for Horizon Bancorp (HBNC)February 20, 2024 | markets.businessinsider.comHorizon Bank Appoints David Pendley President of Mortgage BankingFebruary 20, 2024 | finance.yahoo.comHorizon Bank Appoints David Pendley President of Mortgage BankingFebruary 20, 2024 | globenewswire.comHorizon Bank Appoints David Pendley President of Mortgage BankingFebruary 10, 2024 | wsj.comHorizon Bancorp Inc.February 4, 2024 | msn.comBeyond the Horizon: Crafting a Resilient Financial Future in Uncertain TimesJanuary 31, 2024 | seekingalpha.comHorizon Bancorp: All In All, A Positive Q4 2023January 28, 2024 | finance.yahoo.comHorizon Bancorp, Inc. (NASDAQ:HBNC) Q4 2023 Earnings Call TranscriptJanuary 26, 2024 | finance.yahoo.comHorizon Bancorp Full Year 2023 Earnings: Misses ExpectationsSee More Headlines Receive HBNC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Horizon Bancorp and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings10/26/2021Ex-Dividend for 4/19 Dividend4/04/2024Dividend Payable4/19/2024Today5/10/2024Next Earnings (Estimated)7/24/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorFinance Industry State commercial banks Sub-IndustryRegional Banks Current SymbolNASDAQ:HBNC CUSIP44040710 CIK706129 Webwww.horizonbank.com Phone(219) 879-0211Fax219-874-9305Employees818Year Founded1873Price Target and Rating Average Stock Price Target$12.50 High Stock Price Target$13.00 Low Stock Price Target$12.00 Potential Upside/Downside-1.2%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$0.54 Trailing P/E Ratio23.43 Forward P/E Ratio9.58 P/E GrowthN/ANet Income$27.98 million Net Margins7.02% Pretax Margin12.02% Return on Equity8.75% Return on Assets0.78% Debt Debt-to-Equity Ratio0.16 Current Ratio0.70 Quick Ratio0.70 Sales & Book Value Annual Sales$324.30 million Price / Sales1.72 Cash Flow$2.04 per share Price / Cash Flow6.20 Book Value$16.29 per share Price / Book0.78Miscellaneous Outstanding Shares44,110,000Free Float42,880,000Market Cap$557.99 million OptionableOptionable Beta1.04 Social Links 12 Stocks Corporate Insiders are AbandoningIf a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know?Get This Free Report Key ExecutivesMr. Thomas M. Prame (Age 54)CEO, President & Director Comp: $810.08kMr. Mark E. Secor CPA (Age 58)Executive VP, CFO, Chief Accounting Officer & Treasurer Comp: $450.25kMs. Kathie A. DeRuiter (Age 62)Executive VP & Senior Operations Officer Comp: $444.27kMr. Todd A. Etzler (Age 57)Executive VP, Chief Legal and Risk Officer & Corporate Secretary Comp: $351.66kMs. Lynn M. Kerber (Age 55)Executive VP & Chief Commercial Banking Officer Comp: $463.99kAmy PharesPublic Relations ManagerMr. Dennis J. Kuhn (Age 64)Regional President for Southwest Michigan Comp: $418.1kMore ExecutivesKey CompetitorsCentral Pacific FinancialNYSE:CPFHeritage CommerceNASDAQ:HTBKEagle BancorpNASDAQ:EGBNGreat Southern BancorpNASDAQ:GSBCCapital City Bank GroupNASDAQ:CCBGView All CompetitorsInsiders & InstitutionsVanguard Group Inc.Sold 58,752 shares on 5/10/2024Ownership: 4.944%1ST Source BankSold 2,000 shares on 5/10/2024Ownership: 0.085%Pacific Ridge Capital Partners LLCSold 14,717 shares on 5/9/2024Ownership: 0.840%ProShare Advisors LLCSold 24,670 shares on 5/8/2024Ownership: 1.423%Susquehanna Portfolio Strategies LLCSold 7,947 shares on 5/7/2024Ownership: 0.028%View All Insider TransactionsView All Institutional Transactions HBNC Stock Analysis - Frequently Asked Questions Should I buy or sell Horizon Bancorp stock right now? 3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Horizon Bancorp in the last twelve months. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research 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. What is Horizon Bancorp's stock price target for 2024? 3 analysts have issued twelve-month price objectives for Horizon Bancorp's shares. Their HBNC share price targets range from $12.00 to $13.00. On average, they predict the company's share price to reach $12.50 in the next year. This suggests that the stock has a possible downside of 1.2%. View analysts price targets for HBNC or view top-rated stocks among Wall Street analysts. How have HBNC shares performed in 2024? Horizon Bancorp's stock was trading at $14.31 on January 1st, 2024. Since then, HBNC shares have decreased by 11.6% and is now trading at $12.65. View the best growth stocks for 2024 here. When is Horizon Bancorp's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 24th 2024. View our HBNC earnings forecast. How were Horizon Bancorp's earnings last quarter? Horizon Bancorp, Inc. (NASDAQ:HBNC) issued its earnings results on Tuesday, October, 26th. The financial services provider reported $0.52 EPS for the quarter, topping analysts' consensus estimates of $0.44 by $0.08. The financial services provider earned $62.59 million during the quarter, compared to analyst estimates of $59.43 million. Horizon Bancorp had a net margin of 7.02% and a trailing twelve-month return on equity of 8.75%. During the same period last year, the company posted $0.45 EPS. How often does Horizon Bancorp pay dividends? What is the dividend yield for Horizon Bancorp? Horizon Bancorp declared a quarterly dividend on Tuesday, March 19th. Stockholders of record on Friday, April 5th will be given a dividend of $0.16 per share on Friday, April 19th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 5.06%. The ex-dividend date of this dividend is Thursday, April 4th. Read our dividend analysis for HBNC. Is Horizon Bancorp a good dividend stock? Horizon Bancorp (NASDAQ:HBNC) pays an annual dividend of $0.64 per share and currently has a dividend yield of 5.14%. HBNC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 118.52%. 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 42.67% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for HBNC. What ETF holds Horizon Bancorp's stock? RiverFront Dynamic US Dividend Advantage ETF holds 49,719 shares of HBNC stock, representing 0.78% of its portfolio. When did Horizon Bancorp's stock split? Horizon Bancorp shares split on Monday, June 18th 2018. The 3-2 split was announced on Wednesday, May 16th 2018. The newly created shares were distributed to shareholders after the closing bell on Friday, June 15th 2018. An investor that had 100 shares of stock prior to the split would have 150 shares after the split. What is Craig M. Dwight's approval rating as Horizon Bancorp's CEO? 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. What other stocks do shareholders of Horizon Bancorp own? 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). Who are Horizon Bancorp's major shareholders? Horizon Bancorp's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (4.94%), PL Capital Advisors LLC (3.68%), Horizon Bancorp Inc. IN (1.47%), ProShare Advisors LLC (1.42%), LSV Asset Management (1.26%) and Harbour Trust & Investment Management Co (1.04%). Insiders that own company stock include Craig M Dwight, James D Neff, Kathie A Deruiter, Susan D Aaron and Todd A Etzler. View institutional ownership trends. How do I buy shares of Horizon Bancorp? 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. Compare Top Brokerages Here. This page (NASDAQ:HBNC) was last updated on 5/11/2024 by MarketBeat.com Staff From Our PartnersThe Crypto 9-5 Escape PlanCrypto 101 MediaDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsGlobal crypto currency reset (41 major banks signed up)Stansberry ResearchForget Bitcoin. Crypto Millionaire Predicts 8,788% Gains For THISParadigm PressHow Biden has already won 2024Porter & CompanyRSVP: Charles Payne’s Cash Flow WorkshopUnstoppable ProsperityThe “Next Bitcoin”? 10 CENT Crypto Set to ExplodeTrue Market InsidersThe ONE AI Stock to own now. (It’s not Nvidia.)Weiss Ratings 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 Horizon Bancorp, Inc. 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