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Huntington Bancshares (HBAN)
NASDAQ:HBAN
Holding HBAN?
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HBAN Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$10.73 - $17.97
Previous Close$17.62
Volume15.16M
Average Volume (3M)13.63M
Market Cap
$25.60B
Enterprise Value$42.17B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$16.52B
Price to Earnings (P/E)17.1
Beta1.20
Next Earnings
Jan 17, 2025EPS Estimate
$0.3Next Dividend Ex-Date
Dec 18, 2024Dividend Yield3.55%
Share Statistics
EPS (TTM)1.03
Shares Outstanding1,452,811,392
10 Day Avg. Volume15,387,304
30 Day Avg. Volume13,631,200
Standard Deviation0.09
R-Squared0.34
Alpha-0.00208
Financial Highlights & Ratios
Price to Book (P/B)1.39
Price to Sales (P/S)3.53
Price to Cash Flow (P/CF)-14.50
P/FCF Ratio13.60
Enterprise Value/Market CapN/A
Enterprise Value/Revenue5.90
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$18.15Price Target Upside1.45% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering10
Huntington Bancshares News
PremiumCompany Announcements
Huntington Bancshares to Present at Boston Conference
Bulls Say, Bears Say
Bulls Say
Balance Sheet StrengthEarly results suggest that management is delivering with period-end loan balances showing growth, driven by the capital markets business where revenues rose significantly.
Growth PotentialAnalyst sees shares as offering favorable risk/reward given the idiosyncratic growth potential, outlook for positive operating leverage, and building capital levels.
Revenue GrowthPotential for superior loan growth and a stable to rising net interest margin outlook leave the door open to upside surprises on revenue growth.
Bears Say
Earnings GuidanceGuidance for 4Q was below consensus estimates, with net interest income expected to be $15-$25 million lower than the previous quarter.
Financial PerformanceStock underperformed peers on weaker 4Q guide as implied net interest income is expected to be lower.
Interest Rate ImpactThe Fed's 50bp rate cut has delayed the expansion of net interest margin and net interest income.
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Ownership Overview
1.07% Insiders
27.70% Mutual Funds
7.64% Other Institutional Investors
33.17% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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HBAN FAQ
What was Huntington Bancshares’s price range in the past 12 months?
Huntington Bancshares lowest stock price was $10.73 and its highest was $17.97 in the past 12 months.
What is Huntington Bancshares’s market cap?
Currently, no data Available
When is Huntington Bancshares’s upcoming earnings report date?
Huntington Bancshares’s upcoming earnings report date is Jan 17, 2025 which is in 55 days.
How were Huntington Bancshares’s earnings last quarter?
Huntington Bancshares released its earnings results on Oct 17, 2024. The company reported $0.33 earnings per share for the quarter, beating the consensus estimate of $0.297 by $0.033.
Is Huntington Bancshares overvalued?
According to Wall Street analysts Huntington Bancshares’s price is currently Undervalued.
Does Huntington Bancshares pay dividends?
Huntington Bancshares pays a Quarterly dividend of $0.15 which represents an annual dividend yield of 3.55%. See more information on Huntington Bancshares dividends here
What is Huntington Bancshares’s EPS estimate?
Huntington Bancshares’s EPS estimate is $0.3.
How many shares outstanding does Huntington Bancshares have?
Huntington Bancshares has 1,452,811,400 shares outstanding.
What happened to Huntington Bancshares’s price movement after its last earnings report?
Huntington Bancshares reported an EPS of $0.33 in its last earnings report, beating expectations of $0.297. Following the earnings report the stock price went down -2.588%.
Which hedge fund is a major shareholder of Huntington Bancshares?
Among the largest hedge funds holding Huntington Bancshares’s share is Randolph Co Inc. It holds Huntington Bancshares’s shares valued at 27M.
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Huntington Bancshares Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$18.15 (1.45% Upside)
$18.15 (1.45% Upside)
Blogger Sentiment
Bullish
HBAN Sentiment 100%
Sector Average 65%
Sector Average 65%
Hedge Fund Trend
Increased
By 564.3K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $757.4K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▲ 1.4%
Last 30 Days ▲ 1.7%
Last 30 Days ▲ 1.7%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
69.43%
12-Months-Change
Fundamentals
Return on Equity
8.46%
Trailing 12-Months
Asset Growth
7.44%
Trailing 12-Months
Company Description
Huntington Bancshares
Huntington Bancshares, Inc. operates as a bank holding company. It provides commercial and consumer banking services, mortgage banking services, automobile financing, recreational vehicle and marine financing, equipment leasing, investment management, trust services, brokerage services, insurance programs, and other financial products and services. The company operates through the following segments: Consumer & Business Banking, Commercial Banking, Commercial Real Estate & Vehicle Finance, Regional Banking & The Huntington Private Client Group, and Home Lending. The Consumer & Business Banking segment provides financial products and services to consumer and small business customers including but not limited to checking accounts, savings accounts, money market accounts, certificates of deposit, investments, consumer loans, credit cards and small business loans. The Commercial Banking segment provides products and services to the middle market, large corporate, and government public sector customers located primarily within its geographic footprint. The segment is divided into following business units: Middle Market, Large Corporate, Specialty Banking, Asset Finance, Capital Markets, Treasury Management, and Insurance. The Commercial Real Estate & Vehicle Finance segment provides products and services include providing financing for land, buildings, and other commercial real estate owned or constructed by real estate developers, automobile dealerships, or other customers with real estate project financing needs, and financing for the purchase of automobiles, light-duty trucks, recreational vehicles and marine craft at franchised dealerships, financing the acquisition of new and used vehicle inventory of franchised automotive dealerships. The Regional Banking and The Huntington Private Client Group segment consists of private banking, wealth & investment management, and retirement plan services. The Home Lending segment originates and services consumer loans and mortgages for customers who are located in primary banking markets. Huntington Bancshares was founded in 1966 and is headquartered in Columbus, OH.
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HBAN Company Deck
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HBAN Earnings Call
Q3 2024
0:00 / 0:00
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HBAN Revenue Breakdown
74.05% Net interest income
25.95% Noninterest income
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HBAN Stock 12 Month Forecast
Average Price Target
$18.15
▲(1.45% Upside)
Technical Analysis
Best Analysts Covering HBAN
1 Year
1 Year Success Rate
13/15 ratings generated profit
1 Year Average Return
+23.53%
reiterated a buy rating 5 months ago
Copying Ken Usdin's trades and holding each position for 1 Year would result in 86.67% of your transactions generating a profit, with an average return of +23.53% per trade.
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