Metric Deep Dive: Understanding Huntington Bancshares, Inc. (HBAN) Through its Ratios

Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free

After finishing at $13.40 in the prior trading day, Huntington Bancshares, Inc. (NASDAQ: HBAN) closed at $12.58, down -6.12%. In other words, the price has decreased by -$6.12 from its previous closing price. On the day, 51.78 million shares were traded. HBAN stock price reached its highest trading level at $13.08 during the session, while it also had its lowest trading level at $12.48.


Our goal is to gain a better understanding of HBAN by taking a closer look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 0.78 whereas as Long-Term Debt/Eq ratio is at 0.77.

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 the company, JP Morgan on May 28, 2024, Upgraded its rating to Overweight and sets its target price to $18 from $16 previously.

On April 08, 2024, Jefferies Upgraded its rating to Buy which previously was Hold and also upped its target price recommendation from $14 to $16.

BofA Securities Upgraded its Neutral to Buy on April 08, 2024, whereas the target price for the stock was revised from $14 to $16.

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 May 30 ’24 when Houston Helga sold 7,278 shares for $13.64 per share. The transaction valued at 99,238 led to the insider holds 648,904 shares of the business.

Kowalski Kendall A sold 15,711 shares of HBAN for $217,454 on May 03 ’24. The Chief Information Officer now owns 65,195 shares after completing the transaction at $13.84 per share. On May 02 ’24, another insider, Syal Rajeev, who serves as the Senior Exec. V.P. of the company, sold 11,155 shares for $13.76 each. As a result, the insider received 153,493 and left with 279,733 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, HBAN now has a Market Capitalization of 18231566336 and an Enterprise Value of 23670618112. As of this moment, Huntington’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.35, and their Forward P/E ratio for the next fiscal year is 8.77. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.64 while its Price-to-Book (P/B) ratio in mrq is 1.08. Its current Enterprise Value per Revenue stands at 3.504.

Stock Price History:

Over the past 52 weeks, HBAN has reached a high of $14.30, while it has fallen to a 52-week low of $9.25. The 50-Day Moving Average of the stock is -8.12%, while the 200-Day Moving Average is calculated to be 3.16%.

Shares Statistics:

The stock has traded on average 14.48M shares per day over the past 3-months and 16697860 shares per day over the last 10 days, according to various share statistics. A total of 1.45B shares are outstanding, with a floating share count of 1.43B. Insiders hold about 1.28% of the company’s shares, while institutions hold 82.52% stake in the company. Shares short for HBAN as of 1715731200 were 22580504 with a Short Ratio of 1.56, compared to 1713139200 on 25162637. Therefore, it implies a Short% of Shares Outstanding of 22580504 and a Short% of Float of 1.78.

Dividends & Splits

In the trailing 12 months, HBAN’s forward annual dividend rate was 0.62, compared to 0.62 this year. Against a Trailing Annual Dividend Yield of 0.046268657The stock’s 5-year Average Dividend Yield is 4.78.

Most Popular