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Huntington Bancshares (HBAN)
NASDAQ:HBAN
Huntington Bancshares (HBAN) Stock Price & Analysis
1,255 Followers
HBAN Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$8.66 - $14.07
Previous Close$13.28
Volume39.98M
Average Volume (3M)17.87M
Market Cap
$19.33B
Enterprise Value$32.39B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$13.01B
Price to Earnings (P/E)12.0
Beta0.98
Next Earnings
Jul 19, 2024EPS Estimate
$0.3Last Dividend Ex-Date
Mar 15, 2024Dividend Yield4.67%
Share Statistics
EPS (TTM)1.11
Shares Outstanding1,448,345,863
10 Day Avg. Volume19,709,724
30 Day Avg. Volume17,872,077
Standard Deviation0.09
R-Squared0.39
Alpha-0.00267
Financial Highlights & Ratios
Price to Book (P/B)1.79
Price to Sales (P/S)11.18
Price to Cash Flow (P/CF)5.10
P/FCF Ratio2.60
Enterprise Value/Market CapN/A
Enterprise Value/Revenue4.40
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$15.25Price Target Upside14.83% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering14
Huntington Bancshares News
PremiumCompany Announcements
Huntington Bancshares Shareholders Approve Incentive Plan and Directors
PremiumCompany Announcements
Huntington Bancshares Announces Upcoming Annual Shareholder Meeting
Bulls Say, Bears Say
Bulls Say
Analyst UpgradeUpgrade rating on Huntington Bancshares (HBAN) to Buy from Neutral, indicating a positive shift in analyst expectations for the company's stock performance.
Financial PerformanceHuntington Bancshares is positioned for stronger Net Interest Income growth in a higher for longer rate environment, which is a bullish indicator for the stock.
Strategic GrowthHuntington Bancshares is making strategic investments to accelerate growth opportunities and expand into new markets, which could lead to higher future revenues.
Bears Say
Asset QualityNon-performing assets increased, signaling a potential risk in the company's loan portfolio and its future income.
Expense ForecastProjected expense growth from strategic investments might negatively impact the company's short-term earnings.
Financial PerformanceNet interest income declined, suggesting a decrease in the profitability from the company's core lending and borrowing activities.
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Ownership Overview
2.16% Insiders
26.48% Mutual Funds
29.54% Other Institutional Investors
41.82% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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HBAN FAQ
What was Huntington Bancshares’s price range in the past 12 months?
Huntington Bancshares lowest stock price was $8.66 and its highest was $14.07 in the past 12 months.
What is Huntington Bancshares’s market cap?
Currently, no data Available
When is Huntington Bancshares’s upcoming earnings report date?
Huntington Bancshares’s upcoming earnings report date is Jul 19, 2024 which is in 87 days.
How were Huntington Bancshares’s earnings last quarter?
Huntington Bancshares released its earnings results on Apr 19, 2024. The company reported $0.26 earnings per share for the quarter, beating the consensus estimate of $0.241 by $0.019.
Is Huntington Bancshares overvalued?
According to Wall Street analysts Huntington Bancshares’s price is currently Undervalued.
Does Huntington Bancshares pay dividends?
Huntington Bancshares pays a Quarterly dividend of $0.15 which represents an annual dividend yield of 4.67%. See more information on Huntington Bancshares dividends here
What is Huntington Bancshares’s EPS estimate?
Huntington Bancshares’s EPS estimate is $0.3.
How many shares outstanding does Huntington Bancshares have?
Huntington Bancshares has 1,455,812,900 shares outstanding.
What happened to Huntington Bancshares’s price movement after its last earnings report?
Huntington Bancshares reported an EPS of $0.26 in its last earnings report, beating expectations of $0.241. Following the earnings report the stock price went up 0.759%.
Which hedge fund is a major shareholder of Huntington Bancshares?
Among the largest hedge funds holding Huntington Bancshares’s share is Randolph Co Inc. It holds Huntington Bancshares’s shares valued at 23M.
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Huntington Bancshares Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$15.25 (14.83% Upside)
$15.25 (14.83% Upside)
Blogger Sentiment
Bullish
HBAN Sentiment 100%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Increased
By 2.2M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $1.2M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 0.7%
Last 30 Days ▼ 4.4%
Last 30 Days ▼ 4.4%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
18.22%
12-Months-Change
Fundamentals
Return on Equity
9.29%
Trailing 12-Months
Asset Growth
2.35%
Trailing 12-Months
Company Description
Huntington Bancshares
Huntington Bancshares, Inc. operates as a bank holding company. It provides commercial and consumer banking services, mortgage banking services, automobile financing, recreational vehicle and marine financing, equipment leasing, investment management, trust services, brokerage services, insurance programs, and other financial products and services. The company operates through the following segments: Consumer & Business Banking, Commercial Banking, Commercial Real Estate & Vehicle Finance, Regional Banking & The Huntington Private Client Group, and Home Lending. The Consumer & Business Banking segment provides financial products and services to consumer and small business customers including but not limited to checking accounts, savings accounts, money market accounts, certificates of deposit, investments, consumer loans, credit cards and small business loans. The Commercial Banking segment provides products and services to the middle market, large corporate, and government public sector customers located primarily within its geographic footprint. The segment is divided into following business units: Middle Market, Large Corporate, Specialty Banking, Asset Finance, Capital Markets, Treasury Management, and Insurance. The Commercial Real Estate & Vehicle Finance segment provides products and services include providing financing for land, buildings, and other commercial real estate owned or constructed by real estate developers, automobile dealerships, or other customers with real estate project financing needs, and financing for the purchase of automobiles, light-duty trucks, recreational vehicles and marine craft at franchised dealerships, financing the acquisition of new and used vehicle inventory of franchised automotive dealerships. The Regional Banking and The Huntington Private Client Group segment consists of private banking, wealth & investment management, and retirement plan services. The Home Lending segment originates and services consumer loans and mortgages for customers who are located in primary banking markets. Huntington Bancshares was founded in 1966 and is headquartered in Columbus, OH.
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HBAN Company Deck
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HBAN Earnings Call
Q1 2024
0:00 / 0:00
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HBAN Revenue Breakdown
74.05% Net interest income
25.95% Noninterest income
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HBAN Stock 12 Months Forecast
Average Price Target
$15.25
▲(14.83% Upside)
Technical Analysis
Fifth Third Bancorp
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Zions Bancorporation National Association
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KeyCorp
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PNC Financial
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Best Analysts Covering HBAN
1 Year
1 Year Success Rate
11/14 ratings generated profit
1 Year Average Return
+20.34%
upgraded a buy rating 16 days ago
Copying Ken Usdin's trades and holding each position for 1 Year would result in 78.57% of your transactions generating a profit, with an average return of +20.34% per trade.
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