Research Analysts Set Expectations for HBAN FY2026 Earnings

Huntington Bancshares Incorporated (NASDAQ:HBAN - Free Report) - Equities researchers at DA Davidson cut their FY2026 earnings estimates for Huntington Bancshares in a report released on Wednesday, April 2nd. DA Davidson analyst P. Winter now expects that the bank will post earnings per share of $1.56 for the year, down from their previous forecast of $1.58. The consensus estimate for Huntington Bancshares' current full-year earnings is $1.39 per share.

Huntington Bancshares (NASDAQ:HBAN - Get Free Report) last announced its earnings results on Friday, January 17th. The bank reported $0.34 earnings per share for the quarter, topping the consensus estimate of $0.31 by $0.03. Huntington Bancshares had a return on equity of 11.23% and a net margin of 16.23%. During the same quarter in the prior year, the business posted $0.27 EPS.

Several other analysts also recently weighed in on the company. JPMorgan Chase & Co. dropped their price target on Huntington Bancshares from $18.50 to $16.00 and set an "overweight" rating on the stock in a research note on Thursday, April 3rd. Morgan Stanley reduced their price target on shares of Huntington Bancshares from $22.00 to $20.00 and set an "overweight" rating for the company in a research report on Thursday, March 13th. Baird R W raised shares of Huntington Bancshares from a "hold" rating to a "strong-buy" rating in a report on Friday, March 7th. Stephens reissued an "equal weight" rating and set a $18.50 target price on shares of Huntington Bancshares in a report on Friday, February 7th. Finally, Royal Bank of Canada reaffirmed an "outperform" rating and issued a $20.00 price target on shares of Huntington Bancshares in a report on Tuesday, January 21st. One analyst has rated the stock with a sell rating, four have issued a hold rating, fourteen have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $17.94.

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Huntington Bancshares Stock Performance

Huntington Bancshares stock traded up $0.07 during mid-day trading on Thursday, reaching $12.78. 10,016,425 shares of the company traded hands, compared to its average volume of 17,124,023. The company has a debt-to-equity ratio of 0.92, a current ratio of 0.89 and a quick ratio of 0.88. The firm's fifty day moving average is $15.70 and its two-hundred day moving average is $16.13. Huntington Bancshares has a fifty-two week low of $11.92 and a fifty-two week high of $18.45. The company has a market capitalization of $18.67 billion, a price-to-earnings ratio of 10.40, a price-to-earnings-growth ratio of 1.33 and a beta of 0.89.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Rothschild Investment LLC lifted its position in Huntington Bancshares by 43.9% during the first quarter. Rothschild Investment LLC now owns 9,384 shares of the bank's stock worth $141,000 after buying an additional 2,861 shares in the last quarter. Summit Global Investments acquired a new position in shares of Huntington Bancshares during the 1st quarter valued at about $1,396,000. GAMMA Investing LLC grew its holdings in shares of Huntington Bancshares by 1,497.1% in the first quarter. GAMMA Investing LLC now owns 633,362 shares of the bank's stock valued at $95,070,000 after purchasing an additional 593,706 shares during the period. Versant Capital Management Inc increased its position in Huntington Bancshares by 410.9% during the first quarter. Versant Capital Management Inc now owns 5,492 shares of the bank's stock worth $82,000 after purchasing an additional 4,417 shares during the last quarter. Finally, First Hawaiian Bank raised its stake in Huntington Bancshares by 42.3% during the first quarter. First Hawaiian Bank now owns 47,324 shares of the bank's stock worth $710,000 after purchasing an additional 14,062 shares during the period. 80.72% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Huntington Bancshares

In other Huntington Bancshares news, VP Scott D. Kleinman sold 69,088 shares of the firm's stock in a transaction on Thursday, March 13th. The stock was sold at an average price of $14.67, for a total value of $1,013,520.96. Following the transaction, the vice president now owns 453,129 shares in the company, valued at approximately $6,647,402.43. This trade represents a 13.23 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, VP Brendan A. Lawlor sold 3,521 shares of the company's stock in a transaction on Monday, March 24th. The stock was sold at an average price of $15.25, for a total transaction of $53,695.25. Following the sale, the vice president now directly owns 47,950 shares of the company's stock, valued at $731,237.50. The trade was a 6.84 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 111,781 shares of company stock valued at $1,631,151. 0.89% of the stock is owned by corporate insiders.

Huntington Bancshares Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 1st. Investors of record on Tuesday, March 18th were given a dividend of $0.155 per share. The ex-dividend date was Tuesday, March 18th. This represents a $0.62 annualized dividend and a dividend yield of 4.85%. Huntington Bancshares's dividend payout ratio (DPR) is presently 50.41%.

Huntington Bancshares Company Profile

Huntington Bancshares Incorporated operates as the bank holding company for The Huntington National Bank that provides commercial, consumer, and mortgage banking services in the United States. The company offers financial products and services to consumer and business customers, including deposits, lending, payments, mortgage banking, dealer financing, investment management, trust, brokerage, insurance, and other financial products and services.