Huntington Bancshares Hban Stock Insights

Huntington Bancshares' stock has seen a significant increase in trading volume over the past year, with an average daily trading volume of 3.5 million shares.

The company's market capitalization is around $24 billion, making it a mid-sized bank in the US.

Huntington Bancshares has a strong presence in the Midwest, with operations in Ohio, Indiana, Illinois, Michigan, Pennsylvania, and West Virginia.

The bank's revenue has been steadily increasing, with a 5% year-over-year growth in the latest quarter.

The historical data for Hban stock is quite interesting. The current share price is $17.20.

The stock has seen some significant highs and lows over the past year. The 52 Week High is $18.45, while the 52 Week Low is $12.05.

The beta of the stock is 1.1, indicating a moderate level of volatility. This means that the stock's price can be expected to move up or down more than the overall market.

The 1 Month Change is 4.56%, showing a slight increase in the stock's value. The 3 Month Change is 11.69%, indicating a more substantial gain.

Over the past year, the stock has seen a significant increase of 36.62%. This is a notable change, and it's worth considering the long-term potential of the stock.

Here's a summary of the stock's performance over different time periods:

Huntington Bancshares has shown a revenue increase of 0.29% in 2024, reaching $6.97 billion.

In the same year, the company's earnings decreased by 0.88% to $1.80 billion.

The bank's loan and deposit growth has been significant, with average total deposits growing in Q4.

Despite some pressure on net interest margins, Huntington Bancshares has shown strong performance, with a 62% gain over the past year.

Here's a breakdown of the company's quarterly earnings growth:

Huntington Bancshares' share price has shown significant growth, with a 1-year change of 36.62%.

Huntington Bancshares has a long history of paying dividends to its shareholders. Since 2000, the company has been consistently paying quarterly cash dividends.

In 2000, the dividend per share was $0.76, with a yield of 4.69%. Over the years, the dividend has fluctuated, but it has never been lower than $0.04 per share, which was paid in 2009 and 2010.

Here's a breakdown of the dividend per share and yield for each year since 2000:

In recent years, the dividend has been around $0.60 to $0.62 per share, with a yield ranging from 3.92% to 4.87%.

Analysts are overwhelmingly positive about HBAN stock, with an average rating of "Buy" from 19 analysts.

The average 12-month stock price forecast is $18.08, representing a 5.12% increase from the latest price.

HBAN stock has a strong track record of analyst support, with 19 analysts contributing to the forecast.

The 12-month price forecast for HBAN stock has a low estimate of $15 and a high estimate of $21, indicating a wide range of potential outcomes.

Here's a breakdown of the average target and estimated change in stock price:

The analysts' consensus is that HBAN stock is likely to outperform the market over the next twelve months.

With 19 analysts contributing to the forecast, it's clear that HBAN stock has a strong following among industry experts.

The average analyst rating for HBAN stock is "Buy", indicating a high level of confidence in the stock's potential for growth.

Here's a list of the analysts who contributed to the forecast:

1. Scott Siefers (Piper Sandler) - Sell rating with a price target of $17

2. Terry McEvoy (Stephens & Co.) - Hold rating with a price target of $19

3. Karl Shepard (RBC Capital) - Buy rating with a price target of $20

4. Brian Foran (Truist Securities) - Strong Buy rating with a price target of $21

These analysts have a deep understanding of the market and are well-positioned to provide accurate forecasts.

The analysts' consensus is that HBAN stock has a bright future, with a 12-month price forecast of $18.08 and a 5.12% increase from the latest price.

With 19 analysts contributing to the forecast, it's clear that HBAN stock has a strong following among industry experts.

The average analyst rating for HBAN stock is "Buy", indicating a high level of confidence in the stock's potential for growth.

Here's a breakdown of the EPS forecast:

The analysts' consensus is that HBAN stock has a strong earnings potential, with an average EPS forecast of $1.43 for 2025.

The EPS growth forecast is also positive, with an average growth rate of 17.1% in 2025.

Here's a breakdown of the EPS growth forecast:

The analysts' consensus is that HBAN stock has a strong potential for growth, with an average EPS growth rate of 17.1% in 2025.

Huntington Bancshares has a history of releasing earnings reports on a quarterly basis, with the most recent releases being Q3 2024, Q2 2024, and Q1 2024, all of which were released on October 17, July 19, and April 19, 2024, respectively.

Their earnings reports typically contain the actual earnings per share (EPS) for each quarter, with Q3 2024 reporting an EPS of 0.330 USD, Q2 2024 reporting an EPS of 0.300 USD, and Q1 2024 reporting an EPS of 0.260 USD.

Here is a list of some of the recent earnings reports:

Huntington Bancshares also hosts annual general meetings, with the most recent one being held on April 17, 2024.

Huntington Bancshares has reported several earnings releases, with the highest actual EPS being $0.420 USD in Q4 2022 Earnings Release.

Their earnings reports have been released on a quarterly basis, with the most recent one being Q3 2024 Earnings Release on 10/17/2024.

The company has also held Annual General Meetings, with the most recent one being on 04/17/2024.

Here's a list of their earnings releases, including the actual EPS and date:

Huntington Bancshares Incorporated recently made a significant move by decreasing its prime rate to 7.5 percent.

This change is effective as of December 19, 2024, and it marks a decrease from the previous prime rate of 7.75 percent.

The announcement was made on December 18, 2024, and it's a notable development in the financial sector.

For more insights, see: Ibkr Gme Borrow Rate

Huntington Bancshares Incorporated made a significant move by decreasing its prime rate to 7.75 percent. This change took effect on November 8, 2024.

The prime rate was previously set at 8 percent. This change is likely to have a ripple effect on various financial products and services offered by the bank.

The announcement was made on November 7, 2024, and was communicated through a press release.

For another approach, see: Pennantpark Floating Rate Capital Stock