What is DA Davidson’s Forecast for HBAN Q2 Earnings?

Huntington Bancshares Incorporated (NASDAQ:HBAN) – Equities researchers at DA Davidson issued their Q2 2025 earnings per share (EPS) estimates for Huntington Bancshares in a research report issued on Monday, April 21st. DA Davidson analyst P. Winter anticipates that the bank will post earnings per share of $0.35 for the quarter. The consensus estimate for Huntington Bancshares’ current full-year earnings is $1.39 per share. DA Davidson also issued estimates for Huntington Bancshares’ FY2025 earnings at $1.44 EPS.

HBAN has been the subject of a number of other research reports. Royal Bank of Canada dropped their price objective on Huntington Bancshares from $20.00 to $18.00 and set an “outperform” rating for the company in a research report on Monday. Morgan Stanley lowered their price target on shares of Huntington Bancshares from $22.00 to $20.00 and set an “overweight” rating for the company in a report on Thursday, March 13th. Baird R W upgraded shares of Huntington Bancshares from a “hold” rating to a “strong-buy” rating in a research report on Friday, March 7th. Stephens reaffirmed an “equal weight” rating and issued a $16.50 target price on shares of Huntington Bancshares in a research note on Monday. Finally, Truist Financial reduced their price target on Huntington Bancshares from $21.00 to $17.00 and set a “buy” rating on the stock in a research note on Tuesday. One investment analyst has rated the stock with a sell rating, four have given a hold rating, fourteen have issued a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $17.39.

Huntington Bancshares Price Performance

HBAN stock opened at $13.93 on Tuesday. 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 stock’s 50 day moving average price is $14.75 and its 200 day moving average price is $16.00. The firm has a market cap of $20.35 billion, a P/E ratio of 11.33, a PEG ratio of 1.33 and a beta of 0.89. Huntington Bancshares has a 1 year low of $11.92 and a 1 year high of $18.45.

Huntington Bancshares (NASDAQ:HBAN) last announced its earnings results on Thursday, April 17th. The bank reported $0.34 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.31 by $0.03. Huntington Bancshares had a net margin of 16.23% and a return on equity of 11.23%. The company had revenue of $1.94 billion during the quarter, compared to analysts’ expectations of $1.89 billion. During the same quarter in the previous year, the business posted $0.27 earnings per share.

Institutional Investors Weigh In On Huntington Bancshares

Large investors have recently added to or reduced their stakes in the company. Charles Schwab Investment Management Inc. grew its stake in shares of Huntington Bancshares by 3.5% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 64,926,419 shares of the bank’s stock valued at $1,056,353,000 after acquiring an additional 2,218,020 shares in the last quarter. Invesco Ltd. grew its stake in Huntington Bancshares by 4.6% during the 4th quarter. Invesco Ltd. now owns 52,599,986 shares of the bank’s stock valued at $855,802,000 after purchasing an additional 2,310,502 shares in the last quarter. FMR LLC increased its holdings in Huntington Bancshares by 36.9% during the 4th quarter. FMR LLC now owns 32,479,039 shares of the bank’s stock worth $528,434,000 after purchasing an additional 8,759,871 shares during the last quarter. Victory Capital Management Inc. boosted its stake in shares of Huntington Bancshares by 7.4% during the 4th quarter. Victory Capital Management Inc. now owns 21,825,092 shares of the bank’s stock valued at $355,094,000 after buying an additional 1,506,606 shares during the last quarter. Finally, Norges Bank acquired a new stake in shares of Huntington Bancshares during the fourth quarter worth approximately $302,826,000. 80.72% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Huntington Bancshares

In other Huntington Bancshares news, VP Scott D. Kleinman sold 69,088 shares of the stock in a transaction that occurred on Thursday, March 13th. The shares were sold at an average price of $14.67, for a total value of $1,013,520.96. Following the completion of the sale, the vice president now owns 453,129 shares of the company’s stock, valued at $6,647,402.43. This trade represents a 13.23 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Brendan A. Lawlor sold 3,521 shares of the business’s stock in a transaction on Monday, March 24th. The stock was sold at an average price of $15.25, for a total transaction of $53,695.25. Following the transaction, the vice president now directly owns 47,950 shares in the company, valued at approximately $731,237.50. The trade was a 6.84 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 111,781 shares of company stock worth $1,631,151. Corporate insiders own 0.89% of the company’s stock.

Huntington Bancshares announced that its board has initiated a stock repurchase plan on Thursday, April 17th that authorizes the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization authorizes the bank to purchase up to 5% of its shares through open market purchases. Shares repurchase plans are usually a sign that the company’s board of directors believes its stock is undervalued.

Huntington Bancshares Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, July 1st. Investors of record on Tuesday, June 17th will be given a dividend of $0.155 per share. The ex-dividend date of this dividend is Tuesday, June 17th. This represents a $0.62 dividend on an annualized basis and a yield of 4.45%. Huntington Bancshares’s dividend payout ratio (DPR) is 47.33%.

Huntington Bancshares Company Profile

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.