Huntington Bancshares (NASDAQ:HBANM) Shares Down 0% – Here’s Why

Huntington Bancshares Incorporated (NASDAQ:HBANM) shares dropped 0% during trading on Monday . The stock traded as low as $23.11 and last traded at $23.23. Approximately 10,939 shares traded hands during mid-day trading, a decline of 5% from the average daily volume of 11,547 shares. The stock had previously closed at $23.24.

Analysts Set New Price Targets

Separately, DA Davidson set a $21.00 target price on shares of Huntington Bancshares in a research report on Tuesday, October 28th.

Huntington Bancshares Trading Down 0.0%

The firm’s 50-day moving average price is $23.32 and its two-hundred day moving average price is $22.76.

Huntington Bancshares (NASDAQ:HBANM) last announced its quarterly earnings results on Thursday, July 21st. The company reported $0.35 EPS for the quarter. The business had revenue of $1.29 billion for the quarter.

Huntington Bancshares Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, December 1st. Investors of record on Saturday, November 15th will be paid a $0.3563 dividend. The ex-dividend date of this dividend is Friday, November 14th. This represents a $1.43 annualized dividend and a yield of 6.1%.

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.