In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
Horizon Bancorp Inc (IN) (NASDAQ: HBNC) closed the day trading at $16.19 down -0.43% from the previous closing price of $16.26. In other words, the price has decreased by -$0.43 from its previous closing price. On the day, 0.94 million shares were traded. HBNC stock price reached its highest trading level at $16.465 during the session, while it also had its lowest trading level at $16.125.
On September 30, 2024, Hovde Group started tracking the stock assigning a Outperform rating and target price of $18.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Aug 22 ’25 when Samuels Michele Annette bought 1,724 shares for $14.50 per share. The transaction valued at 24,998 led to the insider holds 4,986 shares of the business.
Blackhurst Eric P. bought 1,724 shares of HBNC for $24,998 on Aug 22 ’25. The Director now owns 26,298 shares after completing the transaction at $14.50 per share. On Aug 22 ’25, another insider, Prame Thomas M, who serves as the Chief Executive Officer of the company, bought 1,034 shares for $14.50 each. As a result, the insider paid 14,993 and bolstered with 47,521 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, HBNC now has a Market Capitalization of 825212864 and an Enterprise Value of 825178880. For the stock, the TTM Price-to-Sale (P/S) ratio is 10.88 while its Price-to-Book (P/B) ratio in mrq is 1.25. Its current Enterprise Value per Revenue stands at -10.423.
Stock Price History:
The Beta on a monthly basis for HBNC is 0.90, which has changed by -0.0061124563 over the last 52 weeks, in comparison to a change of 0.18258524 over the same period for the S&P500. Over the past 52 weeks, HBNC has reached a high of $19.18, while it has fallen to a 52-week low of $12.70. The 50-Day Moving Average of the stock is 0.49%, while the 200-Day Moving Average is calculated to be 3.38%.
Shares Statistics:
Over the past 3-months, HBNC traded about 406.83K shares per day on average, while over the past 10 days, HBNC traded about 482370 shares per day. A total of 50.97M shares are outstanding, with a floating share count of 49.98M. Insiders hold about 2.45% of the company’s shares, while institutions hold 60.61% stake in the company. Shares short for HBNC as of 1760486400 were 806441 with a Short Ratio of 1.98, compared to 1757894400 on 467398. Therefore, it implies a Short% of Shares Outstanding of 806441 and a Short% of Float of 1.6199999999999999.
Dividends & Splits
HBNC’s forward annual dividend rate is 0.64, up from 0.64 a year ago. Against a Trailing Annual Dividend Yield of 0.039360393. The stock’s 5-year Average Dividend Yield is 4.04. The current Payout Ratio is 79.60% for HBNC, which recently paid a dividend on 2025-10-03 with an ex-dividend date of 2025-10-03. Stock splits for the company last occurred on 2018-06-18 when the company split stock in a 3:2 ratio.
Earnings Estimates
Its stock is currently analyzed by 6.0 different market analysts. The consensus estimate for the next quarter is $0.48, with high estimates of $0.49 and low estimates of $0.47.
Analysts are recommending an EPS of between $2.03 and $1.9 for the fiscal current year, implying an average EPS of $1.98. EPS for the following year is $2.02, with 6.0 analysts recommending between $2.05 and $2.0.
Revenue Estimates
5 analysts predict $74.35M in revenue for. The current quarter. It ranges from a high estimate of $75M to a low estimate of $73.66M. As of. The current estimate, Horizon Bancorp Inc (IN)’s year-ago sales were $24.17MFor the next quarter, 5 analysts are estimating revenue of $73.43M. There is a high estimate of $74.1M for the next quarter, whereas the lowest estimate is $72.64M.
A total of 4 analysts have provided revenue estimates for HBNC’s current fiscal year. The highest revenue estimate was $278.3M, while the lowest revenue estimate was $277M, resulting in an average revenue estimate of $277.73M. In the same quarter a year ago, actual revenue was $191.57MBased on 5 analysts’ estimates, the company’s revenue will be $304.09M in the next fiscal year. The high estimate is $307M and the low estimate is $301.46M.
