NASDAQ:HBNC Horizon Bancorp (HBNC) Stock Price, News & Analysis → Mysterious Gold Leverage Just Announced (From Stansberry Research) (Ad) Free HBNC Stock Alerts $11.57 -0.61 (-5.01%) (As of 12:45 PM ET) Add Compare Share Share Today's Range$11.36▼$12.4950-Day Range$11.29▼$12.8352-Week Range$7.69▼$14.71Volume105,411 shsAverage Volume158,972 shsMarket Capitalization$510.35 millionP/E Ratio18.08Dividend Yield5.53%Price Target$13.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get Horizon Bancorp alerts: Email Address Horizon Bancorp MarketRank™ Stock AnalysisAnalyst RatingHold2.33 Rating ScoreUpside/Downside10.5% Upside$13.00 Price TargetShort InterestBearish1.77% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-0.61Upright™ Environmental ScoreNews Sentiment0.50Based on 6 Articles This WeekInsider TradingN/AProj. Earnings Growth14.29%From $1.33 to $1.52 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.37 out of 5 starsFinance Sector222nd out of 859 stocksState Commercial Banks Industry52nd out of 180 stocks 2.2 Analyst's Opinion 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 received no research coverage in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted1.77% 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 4.6.Change versus previous monthShort interest in Horizon Bancorp has recently increased by 4.07%, indicating that investor sentiment is decreasing. Previous Next 2.5 Dividend Strength Dividend LeadershipHorizon Bancorp is a leading dividend payer. It pays a dividend yield of 5.22%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthHorizon Bancorp does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Horizon Bancorp is 100.00%. 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 42.11% next year. This indicates that Horizon Bancorp will be able to sustain or increase its dividend. Previous Next 3.3 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreHorizon Bancorp has received a 37.31% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Retirement saving services", "Cash withdrawal services", "Mortgages provided by brick and mortar banks", "Mortgage loans for corporations", "Home equity loans", and "Payment platform" products. See details.Environmental SustainabilityThe Environmental Impact score for Horizon Bancorp is -0.61. Previous Next 2.5 News and Social Media Coverage News SentimentHorizon Bancorp has a news sentiment score of 0.50. 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 news sentiment score is similar to the average news sentiment of Finance companies.News Coverage This WeekMarketBeat has tracked 6 news articles for Horizon Bancorp this week, compared to 2 articles on an average week.Search Interest2 people have searched for HBNC on MarketBeat in the last 30 days. MarketBeat FollowsOnly 1 people have added Horizon Bancorp to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Horizon Bancorp insiders have not sold or bought any 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. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Horizon Bancorp are expected to grow by 14.29% in the coming year, from $1.33 to $1.52 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Horizon Bancorp is 18.39, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.32.Price to Earnings Ratio vs. SectorThe P/E ratio of Horizon Bancorp is 18.39, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 58.45.Price to Book Value per Share RatioHorizon Bancorp has a P/B Ratio of 0.72. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Stansberry ResearchWorld’s biggest multibillionaire investor is buying THIS by the ton [picture]Don't Buy Bullion or Mining Stocks. Do THIS Instead As gold continues to break all-time highs, many folks will run out and buy bullion or mining stocks. That's not the best way to ride this gold bull market higher. Note, this showed a 995% gain the last time we shared this same investment idea.Click here to find out what to do. About Horizon Bancorp Stock (NASDAQ:HBNC)Horizon 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 HBNC Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart HBNC Stock News HeadlinesApril 25, 2024 | msn.comHBNC Stock Earnings: Horizon Bancorp Beats EPS, Misses Revenue for Q1 2024April 24, 2024 | sfgate.comHorizon Bancorp: Q1 Earnings SnapshotApril 25, 2024 | Stansberry Research (Ad)World’s biggest multibillionaire investor is buying THIS by the ton [picture]Don't Buy Bullion or Mining Stocks. Do THIS Instead As gold continues to break all-time highs, many folks will run out and buy bullion or mining stocks. That's not the best way to ride this gold bull market higher. Note, this showed a 995% gain the last time we shared this same investment idea.April 24, 2024 | globenewswire.comHorizon Bancorp, Inc. Reports Solid First Quarter 2024 Results Including EPS of $0.32, Net Interest Margin Expansion, Loan Growth and Well-Managed Operating ExpensesApril 23, 2024 | markets.businessinsider.comHorizon Bancorp (Ind earnings: here's what Wall Street expectsApril 18, 2024 | seekingalpha.comHorizon Technology Finance: This 12% Yield Is Not As Risky As It Looks (Rating Upgrade)April 17, 2024 | americanbankingnews.comHorizon Bancorp (HBNC) Set to Announce Quarterly Earnings on WednesdayApril 12, 2024 | msn.comBring Me The Horizon Drops Hints About Upcoming Album: 'It's Time for a New Era'April 25, 2024 | Stansberry Research (Ad)World’s biggest multibillionaire investor is buying THIS by the ton [picture]Don't Buy Bullion or Mining Stocks. Do THIS Instead As gold continues to break all-time highs, many folks will run out and buy bullion or mining stocks. That's not the best way to ride this gold bull market higher. Note, this showed a 995% gain the last time we shared this same investment idea.April 10, 2024 | benzinga.comFirst Horizon Analyst Sees 'Increased Potential For More Aggressive Capital Return' In 2024April 1, 2024 | finance.yahoo.comHorizon Bancorp, Inc. Announces Conference Call to Review First Quarter Results on April 25April 1, 2024 | globenewswire.comHorizon Bancorp, Inc. Announces Conference Call to Review First Quarter Results on April 25March 31, 2024 | finance.yahoo.comHere's Why We're Wary Of Buying Horizon Bancorp's (NASDAQ:HBNC) For Its Upcoming DividendMarch 26, 2024 | bizjournals.comFirst Horizon Foundation launches 'Grants for Good' campaignMarch 14, 2024 | markets.businessinsider.comKBW Sticks to Their Hold Rating for Horizon Bancorp (HBNC)February 20, 2024 | markets.businessinsider.comHorizon Bank Appoints David Pendley President of Mortgage BankingFebruary 20, 2024 | finance.yahoo.comHorizon Bank Appoints David Pendley President of Mortgage BankingFebruary 20, 2024 | globenewswire.comHorizon Bank Appoints David Pendley President of Mortgage BankingFebruary 10, 2024 | wsj.comHorizon Bancorp Inc.February 4, 2024 | msn.comBeyond the Horizon: Crafting a Resilient Financial Future in Uncertain TimesJanuary 31, 2024 | seekingalpha.comHorizon Bancorp: All In All, A Positive Q4 2023January 28, 2024 | finance.yahoo.comHorizon Bancorp, Inc. (NASDAQ:HBNC) Q4 2023 Earnings Call TranscriptJanuary 26, 2024 | finance.yahoo.comHorizon Bancorp Full Year 2023 Earnings: Misses ExpectationsJanuary 25, 2024 | seekingalpha.comHorizon Bancorp, Inc. 2023 Q4 - Results - Earnings Call PresentationJanuary 25, 2024 | finance.yahoo.comCompared to Estimates, Horizon Bancorp (HBNC) Q4 Earnings: A Look at Key MetricsJanuary 24, 2024 | benzinga.comHorizon Bancorp: Q4 Earnings InsightsJanuary 24, 2024 | finance.yahoo.comHorizon Bancorp (IN) (HBNC) Reports Q4 and Full Year 2023 Results Amidst Strategic Balance ...See More Headlines 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 Company Calendar Last Earnings10/26/2021Ex-Dividend for 4/19 Dividend4/04/2024Dividend Payable4/19/2024Today4/25/2024Fiscal Year End12/31/2024Get 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$13.00 High Stock Price Target$14.00 Low Stock Price Target$12.00 Potential Upside/Downside+10.5%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$0.64 Trailing P/E Ratio18.39 Forward P/E Ratio8.85 P/E GrowthN/ANet Income$27.98 million Net Margins8.63% Pretax Margin12.02% Return on Equity9.42% Return on Assets0.84% Debt Debt-to-Equity Ratio0.16 Current Ratio0.70 Quick Ratio0.70 Sales & Book Value Annual Sales$324.30 million Price / Sales1.60 Cash Flow$1.93 per share Price / Cash Flow6.11 Book Value$16.29 per share Price / Book0.72Miscellaneous Outstanding Shares44,110,000Free Float42,880,000Market Cap$519.17 million OptionableOptionable Beta1.02 Social Links (Almost) Everything You Need To Know About The EV MarketClick the link below and we'll send you MarketBeat's guide to investing in electric vehicle technologies (EV) and which EV stocks show the most promise. Get This Free Report Key ExecutivesMr. Thomas M. Prame (Age 54)CEO, President & Director Comp: $810.08kMs. Kathie A. DeRuiter (Age 62)Executive VP & Senior Operations Officer Comp: $444.27kMr. Todd A. Etzler (Age 57)Executive VP, Chief Legal and Risk Officer & Corporate Secretary Comp: $351.66kMs. Lynn M. Kerber (Age 55)Executive VP & Chief Commercial Banking Officer Comp: $463.99kAmy PharesPublic Relations ManagerMr. Dennis J. Kuhn (Age 64)Regional President for Southwest Michigan Comp: $418.1kMore ExecutivesKey CompetitorsCentral Pacific FinancialNYSE:CPFHeritage CommerceNASDAQ:HTBKUnivest FinancialNASDAQ:UVSPMercantile BankNASDAQ:MBWMFarmers National BancNASDAQ:FMNBView All CompetitorsInsiders & InstitutionsHarbour Trust & Investment Management CoBought 28,610 shares on 4/22/2024Ownership: 1.042%Horizon Bancorp Inc. INSold 58,186 shares on 4/19/2024Ownership: 1.473%Indiana Trust & Investment Management COSold 1,200 shares on 4/16/2024Ownership: 0.176%Capital Asset Advisory Services LLCBought 4,943 shares on 4/16/2024Ownership: 0.035%Black Maple Capital Management LPSold 3,628 shares on 2/15/2024Ownership: 0.085%View All Insider TransactionsView All Institutional Transactions HBNC Stock Analysis - Frequently Asked Questions Should I buy or sell Horizon Bancorp stock right now? 3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Horizon Bancorp in the last year. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" HBNC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in HBNC, but not buy additional shares or sell existing shares. View HBNC analyst ratings or view top-rated stocks. What is Horizon Bancorp's stock price target for 2024? 3 brokers have issued 12-month target prices for Horizon Bancorp's shares. Their HBNC share price targets range from $12.00 to $14.00. On average, they anticipate the company's share price to reach $13.00 in the next twelve months. This suggests a possible upside of 10.5% from the stock's current price. View analysts price targets for HBNC or view top-rated stocks among Wall Street analysts. How have HBNC shares performed in 2024? Horizon Bancorp's stock was trading at $14.31 on January 1st, 2024. Since then, HBNC stock has decreased by 17.7% and is now trading at $11.77. View the best growth stocks for 2024 here. Are investors shorting Horizon Bancorp? Horizon Bancorp saw a decline in short interest in the month of March. As of March 31st, there was short interest totaling 726,900 shares, a decline of 7.8% from the March 15th total of 788,100 shares. Based on an average trading volume of 161,500 shares, the short-interest ratio is presently 4.5 days. Currently, 1.7% of the shares of the stock are sold short. View Horizon Bancorp's Short Interest. How were Horizon Bancorp's earnings last quarter? Horizon Bancorp, Inc. (NASDAQ:HBNC) issued its quarterly earnings results on Tuesday, October, 26th. The financial services provider reported $0.52 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.44 by $0.08. The financial services provider had revenue of $62.59 million for the quarter, compared to analysts' expectations of $59.43 million. Horizon Bancorp had a trailing twelve-month return on equity of 9.42% and a net margin of 8.63%. During the same period in the prior year, the business earned $0.45 EPS. How often does Horizon Bancorp pay dividends? What is the dividend yield for Horizon Bancorp? Horizon Bancorp declared a quarterly dividend on Tuesday, March 19th. Shareholders of record on Friday, April 5th will be given a dividend of $0.16 per share on Friday, April 19th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 5.44%. The ex-dividend date of this dividend is Thursday, April 4th. Read our dividend analysis for HBNC. Is Horizon Bancorp a good dividend stock? Horizon Bancorp (NASDAQ:HBNC) pays an annual dividend of $0.64 per share and currently has a dividend yield of 5.22%. HBNC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 100.00%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, HBNC will have a dividend payout ratio of 42.11% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for HBNC. What ETF holds Horizon Bancorp's stock? RiverFront Dynamic US Dividend Advantage ETF holds 49,719 shares of HBNC stock, representing 0.76% of its portfolio. When did Horizon Bancorp's stock split? Horizon Bancorp shares split on the morning of Monday, June 18th 2018. The 3-2 split was announced on Wednesday, May 16th 2018. The newly issued shares were distributed to shareholders after the market closes on Friday, June 15th 2018. An investor that had 100 shares of stock prior to the split would have 150 shares after the split. What is Craig M. Dwight's approval rating as Horizon Bancorp's CEO? 23 employees have rated Horizon Bancorp Chief Executive Officer Craig M. Dwight on Glassdoor.com. Craig M. Dwight has an approval rating of 86% among the company's employees. 76.0% of employees surveyed would recommend working at Horizon Bancorp to a friend. What other stocks do shareholders of Horizon Bancorp own? Based on aggregate information from My MarketBeat watchlists, some companies that other Horizon Bancorp investors own include Altria Group (MO), AT&T (T), AllianceBernstein (AB), ONEOK (OKE), AbbVie (ABBV), Enbridge (ENB), Enterprise Products Partners (EPD), Energy Transfer (ET), Huntington Bancshares (HBAN) and International Paper (IP). Who are Horizon Bancorp's major shareholders? Horizon Bancorp's stock is owned by a number of institutional and retail investors. Top institutional investors include Horizon Bancorp Inc. IN (1.47%), Harbour Trust & Investment Management Co (1.04%), Indiana Trust & Investment Management CO (0.18%) and Capital Asset Advisory Services LLC (0.04%). Insiders that own company stock include Craig M Dwight, James D Neff, Kathie A Deruiter, Susan D Aaron and Todd A Etzler. 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. This page (NASDAQ:HBNC) was last updated on 4/25/2024 by MarketBeat.com Staff From Our PartnersThe Best AI Stock to Own in the World Today is Trading for Just $25Banyan Hill PublishingConflict In Israel Sends Gold Soaring ???? Here’s How To Get Your ShareColonial MetalsThis Apple-like Innovator is Revolutionizing HealthcareWall Street StarThe A.I. story nobody is telling you (Read ASAP)TradeSmith“The Biggest Bubble of All Time” – Here’s What to Do.Chaikin AnalyticsHe Is Giving Away BitcoinCrypto Swap Profitstop AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)Traders AgencyPrepare for a recession unlike any otherAmerican Hartford Gold Group Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. 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