Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
After finishing at $16.28 in the prior trading day, Horizon Bancorp Inc (IN) (NASDAQ: HBNC) closed at $16.39, up 0.68%. In other words, the price has increased by $0.68 from its previous closing price. On the day, 90167.0 shares were traded. HBNC stock price reached its highest trading level at $16.49 during the session, while it also had its lowest trading level at $16.14.
Ratios:
Our goal is to gain a better understanding of HBNC by taking a closer look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 1.31 whereas as Long-Term Debt/Eq ratio is at 1.31.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Hovde Group on September 30, 2024, initiated with a Outperform rating and assigned the stock a target price of $18.
Piper Sandler Downgraded its Overweight to Neutral on February 22, 2023, while the target price for the stock was maintained at $17.
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 Feb 19 ’25 when DWIGHT CRAIG M sold 10,000 shares for $17.14 per share. The transaction valued at 171,400 led to the insider holds 463,139 shares of the business.
Etzler Todd A. sold 590 shares of HBNC for $10,614 on Dec 04 ’24. The Executive Vice President & GC now owns 0 shares after completing the transaction at $17.99 per share. On Dec 04 ’24, another insider, DeRuiter Kathie A, who serves as the Executive Vice President of the company, sold 14,909 shares for $17.99 each. As a result, the insider received 268,213 and left with 0 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 722754752 and an Enterprise Value of 1521459328. As of this moment, Horizon’s Price-to-Earnings (P/E) ratio for their current fiscal year is 15.92, and their Forward P/E ratio for the next fiscal year is 8.69. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.96 while its Price-to-Book (P/B) ratio in mrq is 0.93. Its current Enterprise Value per Revenue stands at 7.563.
Stock Price History:
The Beta on a monthly basis for HBNC is 0.88, which has changed by 0.37846935 over the last 52 weeks, in comparison to a change of 0.12792087 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 $11.87. The 50-Day Moving Average of the stock is 8.56%, while the 200-Day Moving Average is calculated to be 3.11%.
Shares Statistics:
The stock has traded on average 167.23K shares per day over the past 3-months and 184130 shares per day over the last 10 days, according to various share statistics. A total of 44.10M shares are outstanding, with a floating share count of 42.80M. Insiders hold about 2.95% of the company’s shares, while institutions hold 69.64% stake in the company. Shares short for HBNC as of 1749772800 were 575842 with a Short Ratio of 3.44, compared to 1747267200 on 717404. Therefore, it implies a Short% of Shares Outstanding of 575842 and a Short% of Float of 1.34000005.
Dividends & Splits
In the trailing 12 months, HBNC’s forward annual dividend rate was 0.64, compared to 0.64 this year. Against a Trailing Annual Dividend Yield of 0.039702237The stock’s 5-year Average Dividend Yield is 4.07. The current Payout Ratio is 79.60% for HBNC, which recently paid a dividend on 2025-07-03 with an ex-dividend date of 1751500800. Stock splits for the company last occurred on 2018-06-18 when the company split stock in a 3:2 ratio.
