Horizon Bancorp Inc logo

HBNC - Horizon Bancorp Inc Share Price

$10.35 0.0  0.4%

Last Trade - 18/09/20

Sector
Financials
Size
Mid Cap
Market Cap £351.6m
Enterprise Value £760.6m
Revenue £166.9m
Position in Universe 3035th / 6396
Bullish
Bearish
Unlock HBNC Revenue
Momentum
Relative Strength (%)
1m -5.45%
3m
6m
1yr
Volume Change (%)
10d / 3m
Price vs... (%)
52w High -46.9%
50d MA
200d MA
Growth & Value
12m Forecast Rolling Industry Market
Valuation (ttm) Industry Market
Margin of Safety
Qualifying GuruScreens
Financial Summary
Year End 31st Dec 2014 2015 2016 2017 2018 2019 2020E 2021E CAGR / Avg
89.3 103.2 121.4 145.2 169 203.8 223.6 215.3 +18.0%
-12.3 -0.5 -5.7 +29.0 +34.9 +18.4 -20.3 -10.1
PEG
Profitability
ROA
%
%
Cashflow
Dividends
Balance Sheet
NFA
m
FINANCIAL BRIEF: : For the six months ended 30 June 2020, Horizon Bancorp Inc interest income increased 3% to $102M. Net interest income after loan loss provision decreased 8% to $68.3M. Net income decreased 4% to $26.3M. Net interest income after loan loss provision reflects Net Interest Margin, Total - % decrease of 4% to 3.52%, Net Interest Spread, Total - % decrease of 1% to 3.33%, Investment securities - taxable decrease of 18% to $5.2M.
Health Trend(F-Score)
0 1 2 3 4 5 6 7 8 9
Bankruptcy Score(Z-Score)
Distress
Cautious
Safe
Earnings Manipulation Risk(M-Score)
Other Ratios
Recent History
Latest interim period vs. prior period Industry Market
3yr Compound Annual Growth Rate Industry Market
Latest News & Insights for HBNC
Graphical History

Revenue

HBNC Revenue Unlock HBNC Revenue

Net Income

HBNC Net Income Unlock HBNC Revenue

Normalised EPS

HBNC Normalised EPS Unlock HBNC Revenue

PE Ratio Range

HBNC PE Ratio Range Unlock HBNC Revenue

Dividend Yield Range

HBNC Dividend Yield Range Unlock HBNC Revenue
Analyst Forecasts
Price Target:
( below Price)
31st Dec 2020
31st Dec 2021
Est. Long Term Growth Rate: Net Profit
()
EPS
()
DPS
()
Net Profit
()
EPS
()
DPS
()
Consensus Estimate
1m Change
3m Change
Analyst Consensus
Strong Sell Sell Hold Buy Strong Buy
EPS 2019 /  2020
HBNC EPS Forecasts Unlock HBNC Revenue
Profile Summary

Horizon Bancorp Inc, formerly Horizon Bancorp, is a bank holding company. The Company provides a range of banking services in Northern and Central Indiana and Southwestern and Central Michigan through its bank subsidiary, Horizon Bank, N.A. (the Bank) and other affiliated entities and Horizon Risk Management, Inc. The Company operates through commercial banking segment. The Bank is a full-service commercial bank offering commercial and retail banking services, corporate and individual trust and agency services and other services incident to banking. Horizon Risk Management, Inc. is a captive insurance company. LSB Risk Management, Inc. is a captive insurance company. As of September 1, 2017, the Bank operated through 60 offices throughout northern and central Indiana and southern Michigan and Ohio. The Bank's loan portfolio consists of commercial loans, real estate loans, mortgage warehouse loans and consumer loans.

Directors
Last Annual December 31st, 2019
Last Interim June 30th, 2020
Incorporated April 26, 1983
Public Since December 20, 2001
No. of Shareholders: 1,509
No. of Employees: 839
Sector Financials
Industry Banking Services
Index Nasdaq Composite ,
Exchange NASDAQ Global Select Market
Shares in Issue 43,874,353
Free Float (0.0%)
Eligible for
ISAs
SIPPs
HBNC Share Price Performance
Share Price
Bid - Ask
Low - High
Spread
Day's Change
Avg Volume
Open - Close
Range (12m)
Beta
Latest News for HBNC
Upcoming Events for HBNC
Thursday 1st October, 2020
Dividend For HBNC.OQ - 0.1200 USD
Wednesday 21st October, 2020 Estimate
Q3 2020 Horizon Bancorp Inc Earnings Release
Wednesday 27th January, 2021 Estimate
Q4 2020 Horizon Bancorp Inc Earnings Release
Frequently Asked Questions for Horizon Bancorp Inc
What is the Horizon Bancorp Inc share price?

As of 18/09/20, shares in Horizon Bancorp Inc are trading at $10.35, giving the company a market capitalisation of £351.6m. This share price information is delayed by 15 minutes.

How has the Horizon Bancorp Inc share price performed this year?

Shares in Horizon Bancorp Inc are currently trading at $10.35 and the price has moved by -40.89% over the past 365 days. In terms of relative price strength - which takes into account the overall market trend - the Horizon Bancorp Inc price has moved by -47.32% over the past year.

What are the analyst and broker recommendations for Horizon Bancorp Inc?

Of the analysts with advisory recommendations for Horizon Bancorp Inc, there are there are currently 2 "buy" , 0 "hold" and 0 "sell" recommendations. The overall consensus recommendation for Horizon Bancorp Inc is Buy. You can view the full broker recommendation list by unlocking its StockReport.

When will Horizon Bancorp Inc next release its financial results?

Horizon Bancorp Inc is scheduled to issue upcoming financial results on the following dates:

Interim results are scheduled for: 2021-06-30
What is the Horizon Bancorp Inc dividend yield?

The Horizon Bancorp Inc dividend yield is 4.64% based on the trailing twelve month period.

Does Horizon Bancorp Inc pay a dividend?

Last year, Horizon Bancorp Inc paid a total dividend of 0.48, and it currently has a trailing dividend yield of 4.64%. Looking ahead, shares in Horizon Bancorp Inc are due to go ex-dividend on 2020-10-01 and the next dividend pay date is 2020-10-16.

When does Horizon Bancorp Inc next pay dividends?

Horizon Bancorp Inc are due to go ex-dividend on 2020-10-01 and the next dividend pay date is 2020-10-16. The historic dividend yield on Horizon Bancorp Inc shares is currently 4.64%.

How do I buy Horizon Bancorp Inc shares?

To buy shares in Horizon Bancorp Inc you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.

What is the market cap of Horizon Bancorp Inc?

Shares in Horizon Bancorp Inc are currently trading at $10.35, giving the company a market capitalisation of £351.6m.

Where are Horizon Bancorp Inc shares listed? Where are Horizon Bancorp Inc shares listed?

Here are the trading details for Horizon Bancorp Inc:

Country of listing: United States
Exchange: NSQ
Ticker Symbol: HBNC
What kind of share is Horizon Bancorp Inc?

Based on an overall assessment of its quality, value and momentum, Horizon Bancorp Inc is currently classified as a Style Neutral. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.

Is there a Horizon Bancorp Inc share price forecast 2020?

Shares in Horizon Bancorp Inc are currently priced at $10.35. At that level they are trading at 31.4% discount to the analyst consensus target price of 0.00.

Analysts covering Horizon Bancorp Inc currently have a consensus Earnings Per Share (EPS) forecast of 1.303 for the next financial year.

How can I tell whether the Horizon Bancorp Inc share price will go up?

An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like Horizon Bancorp Inc. Over the past six months, the relative strength of its shares against the market has been -13.45%. At the current price of $10.35, shares in Horizon Bancorp Inc are trading at -18.5% against their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.

What is the Horizon Bancorp Inc PE Ratio?

The Horizon Bancorp Inc PE ratio based on its reported earnings over the past 12 months is 7.09. The shares are currently trading at $10.35.

The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. It is calculated by dividing a company's price per share by its earnings per share.

The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation. So in general terms, the higher the PE, the more expensive the stock is.

Who are the key directors of Horizon Bancorp Inc?

Horizon Bancorp Inc's management team is headed by:

Craig Dwight - CHM
Susan Aaron - IND
James Neff - PRE
James Dworkin - IND
Daniel Hopp - LED
Mark Secor - CFO
Lawrence Burnell - IND
Kathie DeRuiter - EVP
Dennis Kuhn - EVP
Eric Blackhurst - IND
Todd Etzler - SVP
Who are the major shareholders of Horizon Bancorp Inc?

Here are the top five shareholders of Horizon Bancorp Inc based on the size of their shareholding:

Salin (Jane Margaret) Individual Investor
Percentage owned: 7.41% (3.25m shares)
BlackRock Institutional Trust Company, N.A. Investment Advisor
Percentage owned: 6.03% (2.65m shares)
Dimensional Fund Advisors, L.P. Investment Advisor/Hedge Fund
Percentage owned: 4.53% (1.99m shares)
The Vanguard Group, Inc. Investment Advisor/Hedge Fund
Percentage owned: 4.2% (1.84m shares)
PL Capital, LLC Hedge Fund
Percentage owned: 3.04% (1.33m shares)
Similar to HBNC
© Stockopedia 2020, Refinitiv, Share Data Services.
This site cannot substitute for professional investment advice or independent factual verification. To use it, you must accept our Terms of Use, Privacy and Disclaimer policies.