NASDAQ:HBNC Horizon Bancorp (HBNC) Stock Price, News & Analysis → [BUY ALERT] Our #1 A.I. Stock for March (From Behind the Markets) (Ad) Free HBNC Stock Alerts $12.72 +0.59 (+4.86%) (As of 03/27/2024 ET) Add Compare Share Share Today's Range$12.21▼$12.7250-Day Range$11.75▼$14.1552-Week Range$7.69▼$14.71Volume168,363 shsAverage Volume160,819 shsMarket Capitalization$561.08 millionP/E Ratio19.88Dividend Yield5.03%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/Downside2.2% Upside$13.00 Price TargetShort InterestBearish1.84% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainability-0.61Upright™ Environmental ScoreNews Sentiment1.35Based on 3 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.4.19 out of 5 starsFinance Sector282nd out of 844 stocksState Commercial Banks Industry60th out of 181 stocks 1.2 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.Price Target Upside/DownsideAccording to analysts' consensus price target of $13.00, Horizon Bancorp has a forecasted upside of 2.2% from its current price of $12.72.Amount of Analyst CoverageHorizon Bancorp has received no research coverage in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted1.84% 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 5.Change versus previous monthShort interest in Horizon Bancorp has recently increased by 0.64%, 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 5.20%, 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 3.5 News and Social Media Coverage News SentimentHorizon Bancorp has a news sentiment score of 1.35. 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 higher news sentiment than the 0.64 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Horizon Bancorp this week, compared to 2 articles on an average week.MarketBeat Follows3 people have added Horizon Bancorp to their MarketBeat watchlist in the last 30 days. This is an increase 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 19.88, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 148.14.Price to Earnings Ratio vs. SectorThe P/E ratio of Horizon Bancorp is 19.88, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 62.81.Price to Book Value per Share RatioHorizon Bancorp has a P/B Ratio of 0.78. 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 Behind the Markets[BUY ALERT] Our #1 A.I. Stock for MarchIt's the one AI stock nobody is talking about. Cathy Wood just bought 11 million shares of it.Get the name of the stock here - before it takes off >>> About Horizon Bancorp Stock (NASDAQ:HBNC)Horizon Bancorp, Inc. operates as the bank holding company for Horizon Bank that provides a range of commercial and retail banking services. The company offers saving, money market, and time deposits, as well as non-interest and interest bearing demand deposits. It also provides commercial, residential real estate, mortgage warehouse, and consumer loans. 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; individual retirement accounts; 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 HeadlinesMarch 26, 2024 | bizjournals.comFirst Horizon Foundation launches 'Grants for Good' campaignMarch 19, 2024 | americanbankingnews.comHorizon Bancorp (NASDAQ:HBNC) Upgraded to "Hold" by StockNews.comMarch 28, 2024 | Behind the Markets (Ad)[BUY ALERT] Our #1 A.I. Stock for MarchIt's the one AI stock nobody is talking about. Cathy Wood just bought 11 million shares of it.March 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.March 28, 2024 | Behind the Markets (Ad)[BUY ALERT] Our #1 A.I. Stock for MarchIt's the one AI stock nobody is talking about. Cathy Wood just bought 11 million shares of it.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 ...January 23, 2024 | finance.yahoo.comCountdown to Horizon Bancorp (HBNC) Q4 Earnings: Wall Street Forecasts for Key MetricsJanuary 18, 2024 | bizjournals.comFirst Horizon touts 'strong' finish to fiscal year 2023 in Q4 earnings, full-year recapJanuary 4, 2024 | finance.yahoo.comShareholders in Horizon Bancorp (NASDAQ:HBNC) are in the red if they invested three years agoJanuary 2, 2024 | finance.yahoo.comUnited Community Banks (UCBI) to Incur Additional Charges in Q4January 1, 2024 | benzinga.comHorizon Bancorp: Dividend InsightsDecember 21, 2023 | usatoday.comFirst Horizon CD rates of December 2023December 18, 2023 | finance.yahoo.comHorizon Bancorp, Inc. Announces Earnings Conference Call to Review Fourth Quarter and Full Year 2023 Results on January 25December 16, 2023 | news.yahoo.comHorizon West to get 2 new retail centers; see what’s plannedDecember 14, 2023 | finance.yahoo.comHorizon in Indiana takes $33M hit in balance sheet restructuringDecember 12, 2023 | msn.comHorizon Bancorp repositions balance sheet with AFS securities salesSee 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 Ex-Dividend for 1/19 Dividend1/04/2024Dividend Payable1/19/2024Last Earnings1/24/2024Today3/28/2024Ex-Dividend for 4/19 Dividend4/04/2024Dividend Payable4/19/2024Next Earnings (Estimated)4/24/2024Fiscal 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) 879-0211Fax219-874-9305Employees852Year 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+2.2%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$0.64 Trailing P/E Ratio19.88 Forward P/E Ratio9.56 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 / Sales1.73 Cash Flow$2.08 per share Price / Cash Flow6.13 Book Value$16.29 per share Price / Book0.78Miscellaneous Outstanding Shares44,110,000Free Float42,880,000Market Cap$561.08 million OptionableOptionable Beta1.01 Social Links Elon Musk's Next MoveWondering when you'll finally be able to invest in SpaceX, StarLink, or The Boring Company? Click the link below to learn when Elon Musk will let these companies finally IPO.Get This Free Report Key ExecutivesMr. Thomas M. Prame (Age 54)CEO, President & Director Comp: $252.56kMr. Mark E. Secor CPA (Age 58)Executive VP, CFO, Chief Accounting Officer & Treasurer Comp: $435.47kMs. Kathie A. DeRuiter (Age 62)Executive VP & Senior Operations Officer Comp: $489.69kMs. Lynn M. Kerber (Age 55)Executive VP & Chief Commercial Banking Officer Comp: $454.1kMr. Todd A. Etzler (Age 57)Executive VP, Chief Legal and Risk Officer & Corporate Secretary Amy PharesPublic Relations ManagerMr. Dennis J. Kuhn (Age 64)Regional President for Southwest Michigan Comp: $418.1kMore ExecutivesKey CompetitorsCentral Pacific FinancialNYSE:CPFHeritage CommerceNASDAQ:HTBKUnivest FinancialNASDAQ:UVSPFarmers National BancNASDAQ:FMNBMercantile BankNASDAQ:MBWMView All CompetitorsInsiders & InstitutionsVanguard Group Inc.Bought 55,681 shares on 3/11/2024Ownership: 5.077%GSA Capital Partners LLPSold 12,008 shares on 2/16/2024Ownership: 0.030%Price T Rowe Associates Inc. MDBought 10,598 shares on 2/16/2024Ownership: 0.024%Legal & General Group PlcBought 3,288 shares on 2/15/2024Ownership: 0.098%Citadel Advisors LLCBought 400 shares on 2/15/2024Ownership: 0.000%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 analysts have issued "buy," "hold," and "sell" ratings for Horizon Bancorp in the last twelve months. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street 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 brokerages have issued twelve-month price objectives for Horizon Bancorp's stock. Their HBNC share price targets range from $12.00 to $14.00. On average, they anticipate the company's stock price to reach $13.00 in the next twelve months. This suggests a possible upside of 2.2% 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 at the start of the year. Since then, HBNC shares have decreased by 11.1% and is now trading at $12.72. View the best growth stocks for 2024 here. When is Horizon Bancorp's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 24th 2024. View our HBNC earnings forecast. How were Horizon Bancorp's earnings last quarter? Horizon Bancorp, Inc. (NASDAQ:HBNC) released its earnings results on Wednesday, January, 24th. The financial services provider reported $0.33 EPS for the quarter, topping analysts' consensus estimates of $0.29 by $0.04. The financial services provider earned $21.81 million during the quarter, compared to analysts' expectations of $51.50 million. Horizon Bancorp had a trailing twelve-month return on equity of 9.42% and a net margin of 8.63%. How often does Horizon Bancorp pay dividends? What is the dividend yield for Horizon Bancorp? Horizon Bancorp announced a quarterly dividend on Tuesday, March 19th. Investors of record on Friday, April 5th will be paid a dividend of $0.16 per share on Friday, April 19th. This represents a $0.64 annualized dividend and a yield of 5.03%. The ex-dividend date 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 5.20%. 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? ProShares Russell 2000 Dividend Growers ETF holds 768,789 shares of HBNC stock, representing 1.10% of its portfolio. When did Horizon Bancorp's stock split? Horizon Bancorp's stock split before market open on Monday, June 18th 2018. The 3-2 split was announced on Wednesday, May 16th 2018. The newly minted 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. 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 shareholders include Vanguard Group Inc. (5.08%), Vanguard Group Inc. (5.08%), Sapient Capital LLC (4.72%), Dimensional Fund Advisors LP (4.43%), Sapient Capital LLC (4.20%) and PL Capital Advisors LLC (3.45%). 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 3/28/2024 by MarketBeat.com Staff From Our PartnersTrump’s “Tax Free” Retirement Strategy Gold Safe ExchangeTop Project Outperforms BTC in 2023…Crypto 101 MediaMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading AcademyBREAKING: New AI Breakthrough Could Change Healthcare ForeverBehind the Markets“The Stock Market’s Bull Run is Far from Over” -BarronsVertical Research AdvisorySHOCKING Footage From Tesla Gigafactory In Austin, TexasInvestorPlaceBuy this small stock before coming AI Tidal WaveChaikin Analytics 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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