With 0.15 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.17 million shares. During the session, the Banks – Regional company that operates in wider Financial sector, reached to the highest price of $16.06 whereas the lowest price it dropped to was $15.6. The 52-week range on HBNC shows that it touched its highest point at $19.18 and its lowest point at $11.18 during that stretch. It currently has a 1-year price target of $19.70. With its current market cap of 692.01 million, HBNC has annualized dividend of $0.64 while the current yield stands at 4.04%. HBNC paid its most recent dividend on 1735862400, while the ex-dividend date for that was 1735862400. Beta for the stock currently stands at 1.06.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of HBNC was up-trending over the past week, with a rise of 5.53%, but this was down by -10.92% over a month. Three-month performance surged to 0.19% while six-month performance rose 7.39%. The stock gained 21.96% in the past year, while it has lost -1.74% so far this year. A look at the trailing 12-month EPS for HBNC yields 0.47 with Next year EPS estimates of 1.69. For the next quarter, that number is 0.40. This implies an EPS growth rate of -7.50% for this year and 18.67% for next year.
Float and Shares Shorts:
At present, 43.71 million HBNC shares are outstanding with a float of 42.43 million shares on hand for trading. On 2024-12-31, short shares totaled 0.72 million, which was 165.0 higher than short shares on 1732838400. In addition to Mr. Thomas M. Prame as the firm’s CEO, President & Director, Ms. Kathie A. DeRuiter serves as its Executive VP & Senior Operations Officer.
Institutional Ownership:
Through their ownership of 0.68741995 of HBNC’s outstanding shares, institutional investors have minority control over the company.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for HBNC since 2 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With HBNC analysts setting a high price target of 20.5 and a low target of 19.0, the average target price over the next 12 months is 19.7. Based on these targets, HBNC could surge 29.5% to reach the target high and rise by 20.03% to reach the target low. Reaching the average price target will result in a growth of 24.45% from current levels.
Analysts have provided yearly estimates in a range of $1.50827 being high and $1.27784 being low. For HBNC, this leads to a yearly average estimate of $1.42448. Based on analyst estimates, the high estimate for the next quarter is $0.39 and the low estimate is $0.37. The average estimate for the next quarter is thus $0.38.
