Huntington Bancshares Incorporated (NASDAQ:HBAN - Free Report) - DA Davidson boosted their Q1 2025 EPS estimates for shares of Huntington Bancshares in a report released on Friday, February 7th. DA Davidson analyst P. Winter now expects that the bank will post earnings of $0.32 per share for the quarter, up from their prior forecast of $0.31. DA Davidson has a "Buy" rating and a $17.50 price objective on the stock. The consensus estimate for Huntington Bancshares' current full-year earnings is $1.40 per share. DA Davidson also issued estimates for Huntington Bancshares' FY2026 earnings at $1.58 EPS.
Huntington Bancshares (NASDAQ:HBAN - Get Free Report) last posted its quarterly earnings data on Friday, January 17th. The bank reported $0.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.31 by $0.03. Huntington Bancshares had a net margin of 16.23% and a return on equity of 11.23%. During the same period in the previous year, the firm earned $0.27 earnings per share.
A number of other equities research analysts also recently weighed in on HBAN. Piper Sandler cut their price target on shares of Huntington Bancshares from $17.50 to $17.00 and set an "underweight" rating for the company in a report on Tuesday, January 21st. The Goldman Sachs Group increased their price target on Huntington Bancshares from $16.25 to $20.00 and gave the company a "buy" rating in a research report on Tuesday, November 26th. Royal Bank of Canada reissued an "outperform" rating and issued a $20.00 price target on shares of Huntington Bancshares in a research note on Tuesday, January 21st. Barclays raised their target price on shares of Huntington Bancshares from $17.00 to $19.00 and gave the stock an "equal weight" rating in a report on Monday, January 6th. Finally, Truist Financial boosted their price target on shares of Huntington Bancshares from $19.00 to $21.00 and gave the company a "buy" rating in a report on Tuesday, January 21st. One investment analyst has rated the stock with a sell rating, six have given a hold rating and thirteen have assigned a buy rating to the company. According to data from MarketBeat.com, Huntington Bancshares has a consensus rating of "Moderate Buy" and a consensus price target of $18.06.
Check Out Our Latest Analysis on Huntington Bancshares
Huntington Bancshares Price Performance
Shares of HBAN stock traded up $0.02 during mid-day trading on Monday, hitting $16.61. 18,831,383 shares of the stock traded hands, compared to its average volume of 19,335,213. The company has a debt-to-equity ratio of 0.92, a quick ratio of 0.88 and a current ratio of 0.89. The firm has a market cap of $24.13 billion, a price-to-earnings ratio of 13.50, a price-to-earnings-growth ratio of 1.41 and a beta of 1.07. The company's 50-day simple moving average is $16.76 and its 200-day simple moving average is $15.85. Huntington Bancshares has a twelve month low of $12.05 and a twelve month high of $18.44.
Institutional Inflows and Outflows
A number of large investors have recently made changes to their positions in HBAN. Creative Capital Management Investments LLC lifted its position in shares of Huntington Bancshares by 17,533.3% in the 4th quarter. Creative Capital Management Investments LLC now owns 1,587 shares of the bank's stock worth $26,000 after acquiring an additional 1,578 shares during the period. Asset Dedication LLC increased its holdings in Huntington Bancshares by 200.7% in the 3rd quarter. Asset Dedication LLC now owns 1,801 shares of the bank's stock valued at $26,000 after buying an additional 1,202 shares during the period. Y.D. More Investments Ltd raised its stake in shares of Huntington Bancshares by 126.8% in the 4th quarter. Y.D. More Investments Ltd now owns 1,830 shares of the bank's stock valued at $30,000 after buying an additional 1,023 shares in the last quarter. Fortitude Family Office LLC bought a new position in shares of Huntington Bancshares during the 3rd quarter worth about $32,000. Finally, Midwest Capital Advisors LLC acquired a new stake in shares of Huntington Bancshares during the 4th quarter valued at about $37,000. Institutional investors and hedge funds own 80.72% of the company's stock.
Huntington Bancshares Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 1st. Shareholders of record on Tuesday, March 18th will be given a $0.155 dividend. The ex-dividend date is Tuesday, March 18th. This represents a $0.62 annualized dividend and a yield of 3.73%. Huntington Bancshares's dividend payout ratio is 50.41%.
About Huntington Bancshares
(
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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.
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