NASDAQ:HBNC Horizon Bancorp (HBNC) Stock Price, News & Analysis $16.48 +0.30 (+1.85%) (As of 12/20/2024 05:51 PM ET) Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends About Horizon Bancorp Stock (NASDAQ:HBNC) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Get Horizon Bancorp alerts:Sign Up Key Stats Today's Range$16.08▼$16.6750-Day Range$14.96▼$18.7652-Week Range$11.18▼$19.18Volume529,436 shsAverage Volume163,567 shsMarket Capitalization$720.42 millionP/E Ratio35.06Dividend Yield3.88%Price Target$18.33Consensus RatingHold Company OverviewHorizon 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… Horizon Bancorp Stock Analysis - MarketRank™See Top Rated MarketRank™ Stocks93rd Percentile Overall ScoreHBNC MarketRank™: Horizon Bancorp scored higher than 93% of companies evaluated by MarketBeat, and ranked 106th out of 935 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion2.2 / 5Analyst RatingHold 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 2 research reports in the past 90 days.Read more about Horizon Bancorp's stock forecast and price target. Earnings and Valuation2.5 / 5Proj. Earnings Growth18.57% Earnings GrowthEarnings for Horizon Bancorp are expected to grow by 18.57% in the coming year, from $1.40 to $1.66 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Horizon Bancorp is 35.06, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.42.Price to Earnings Ratio vs. SectorThe P/E ratio of Horizon Bancorp is 35.06, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 26.72.Price to Book Value per Share RatioHorizon Bancorp has a P/B Ratio of 1.01. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Short Interest3.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted1.51% 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 3.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Horizon Bancorp has recently increased by 13.65%, indicating that investor sentiment is decreasing significantly. Dividend4.2 / 5Dividend StrengthStrong Dividend LeadershipHorizon Bancorp is a leading dividend payer. It pays a dividend yield of 3.60%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthHorizon Bancorp has been increasing its dividend for 13 years.Dividend CoverageThe dividend payout ratio of Horizon Bancorp is 136.17%. 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 38.55% next year. This indicates that Horizon Bancorp will be able to sustain or increase its dividend.Read more about Horizon Bancorp's dividend. Sustainability and ESG3.3 / 5Environmental Score-0.61 Percentage of Shares Shorted1.51% 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 3.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Horizon Bancorp has recently increased by 13.65%, indicating that investor sentiment is decreasing significantly. News and Social Media2.0 / 5News Sentiment0.65 News SentimentHorizon Bancorp has a news sentiment score of 0.65. 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 0.75 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Horizon Bancorp this week, compared to 2 articles on an average week. Company Ownership2.5 / 5Insider TradingSelling Shares Insider Buying vs. Insider SellingIn the past three months, Horizon Bancorp insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $10,614.00 in 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. 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 HBNC Stock News HeadlinesHorizon Bancorp, Inc. (NASDAQ:HBNC) EVP Todd A. Etzler Sells 590 SharesDecember 6, 2024 | insidertrades.comHorizon Bancorp (NASDAQ:HBNC) Has Affirmed Its Dividend Of $0.16December 22 at 12:13 AM | sg.finance.yahoo.com2025 could be “worse than the dot-com bust”, says man who predicted 2008 banking crisisDan is sharing his latest work with the public. Because what he's tracking right now, he says, is too serious to keep private.December 22, 2024 | Stansberry Research (Ad)Horizon Bancorp's Earnings Will Easily Cover The DistributionsDecember 22 at 12:13 AM | finance.yahoo.comHorizon Bancorp Launches New Deferred Compensation PlanDecember 20 at 5:13 PM | tipranks.comHorizon Bancorp, Inc. (NASDAQ:HBNC) is a favorite amongst institutional investors who own 70%December 6, 2024 | finance.yahoo.comPiper Sandler Remains a Hold on Horizon Bancorp (HBNC)October 28, 2024 | markets.businessinsider.comHorizon Bancorp Third Quarter 2024 Earnings: EPS Beats Expectations, Revenues LagOctober 26, 2024 | uk.finance.yahoo.comSee More Headlines HBNC Stock Analysis - Frequently Asked Questions How have HBNC shares performed this year? Horizon Bancorp's stock was trading at $14.31 at the beginning of 2024. Since then, HBNC shares have increased by 15.2% and is now trading at $16.48. View the best growth stocks for 2024 here. How were Horizon Bancorp's earnings last quarter? Horizon Bancorp, Inc. (NASDAQ:HBNC) posted its quarterly earnings data on Wednesday, October, 23rd. The financial services provider reported $0.41 earnings per share for the quarter, topping the consensus estimate of $0.37 by $0.04. The financial services provider earned $102.40 million during the quarter, compared to the consensus estimate of $58.23 million. Horizon Bancorp had a net margin of 5.89% and a trailing twelve-month return on equity of 8.27%. 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 issued shares were issued 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. Who are Horizon Bancorp's major shareholders? Top institutional shareholders of Horizon Bancorp include PL Capital Advisors LLC (3.34%), State Street Corp (2.52%), Geode Capital Management LLC (2.41%) and The Manufacturers Life Insurance Company (2.07%). Insiders that own company stock include Craig M Dwight, Susan D Aaron, Todd A Etzler and James D Neff. 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. What other stocks do shareholders of Horizon Bancorp own? Based on aggregate information from My MarketBeat watchlists, some other companies that Horizon Bancorp investors own include American Water Works (AWK), Waste Connections (WCN), The RMR Group (RMR), AUO (AUOTY), DiamondRock Hospitality (DRH), Voyager Therapeutics (VYGR) and iShares Micro-Cap ETF (IWC). Company Calendar Ex-Dividend for 10/18 Dividend10/04/2024Dividend Payable10/18/2024Last Earnings10/23/2024Today12/21/2024Fiscal Year End12/31/2024Ex-Dividend for 1/17 Dividend1/03/2025Dividend Payable1/17/2025Get 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$18.33 High Stock Price Target$19.00 Low Stock Price Target$18.00 Potential Upside/Downside+11.2%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$0.47 Trailing P/E Ratio35.06 Forward P/E Ratio11.77 P/E GrowthN/ANet Income$27.98 million Net Margins5.89% Pretax Margin8.51% Return on Equity8.27% Return on Assets0.76% Debt Debt-to-Equity Ratio1.83 Current Ratio0.88 Quick Ratio0.88 Sales & Book Value Annual Sales$185.07 million Price / Sales3.89 Cash Flow$1.86 per share Price / Cash Flow8.85 Book Value$16.29 per share Price / Book1.01Miscellaneous Outstanding Shares43,715,000Free Float42,495,000Market Cap$720.42 million OptionableOptionable Beta1.05 Social Links A Guide To High-Short-Interest StocksMarketBeat's analysts have just released their top five short plays for January 2025. 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