Huntington Bancshares, Inc. (NASDAQ: HBAN) Have Inclined 3.62% YTD, Forecasting What Will Happen Next

ZM Stock

Huntington Bancshares, Inc. (NASDAQ:HBAN)’s traded shares stood at 20.29 million during the last session, with the company’s beta value hitting 1.12. At the close of trading, the stock’s price was $13.18, to imply an increase of 0.23% or $0.03 in intraday trading. The HBAN share’s 52-week high remains $14.07, putting it -6.75% down since that peak but still an impressive 30.73% since price per share fell to its 52-week low of $9.13. The company has a valuation of $19.19B, with an average of 17.66 million shares over the past 3 months.

Huntington Bancshares, Inc. (NASDAQ:HBAN) trade information

After registering a 0.23% upside in the last session, Huntington Bancshares, Inc. (HBAN) has traded red over the past five days. The stock hit a weekly high of 13.61, jumping 0.23% in its intraday price action. The 5-day price performance for the stock is -2.30%, and 1.38% over 30 days. With these gigs, the year-to-date price performance is 3.62%.

Huntington Bancshares, Inc. (HBAN) estimates and forecasts

Looking at statistics comparing Huntington Bancshares, Inc. share performance against respective industry, we note that the company has underperformed competitors. Huntington Bancshares, Inc. (HBAN) shares are 26.97% up over the last 6 months, with its year-to-date growth rate lower than industry average at -11.03% against -6.40%.

An assessment of the company’s 5-year growth patterns shows that annual earnings grew an estimated 0.68% for the past 5-year period. While 2024 is set for a -2.24% return in earnings, projections for the next 5 years are at -5.50% annually.

HBAN Dividends

Huntington Bancshares, Inc. has its next earnings report out on April 19. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Huntington Bancshares, Inc. has a forward dividend ratio of 0.62, with the share yield ticking at 4.70% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.