In recent trading session, Huntington Bancshares, Inc. (NASDAQ:HBAN) saw 4.1 million shares changing hands at last check today with its beta currently measuring 1.06. Company’s recent per share price level of $15.12 trading at $0.06 or 0.40% at last check today assigns it a market valuation of $21.91B. That most recent trading price of HBAN’s stock is at a discount of -0.79% from its 52-week high price of $15.24 and is indicating a premium of 38.82% from its 52-week low price of $9.25. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 20.21 million shares which gives us an average trading volume of 17.21 million if we extend that period to 3-months.

For Huntington Bancshares, Inc. (HBAN), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2.00. Splitting up the data highlights that, out of 7 analysts covering the stock, 1 rated the stock as a Sell while 1 recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 4 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.

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

Upright in the green today for gaining 0.40%, in the last five days HBAN remained trading in the green while hitting it’s week-highest on Thursday, 07/25/24 when the stock touched $15.12 price level, adding 0.79% to its value on the day. Huntington Bancshares, Inc.’s shares saw a change of 18.87% in year-to-date performance and have moved 1.75% in past 5-day. Huntington Bancshares, Inc. (NASDAQ:HBAN) showed a performance of 18.96% in past 30-days. Number of shares sold short was 32.24 million shares which calculate 1.53 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 16 to the stock, which implies a rise of 5.5% to its recent value today. Analysts have been projecting 11.5 as a low price target for the stock while placing it at a high target of 18. It follows that stock’s current price would jump 23.94% in reaching the projected high whereas dropping to the targeted low would mean a gain of 23.94% for stock’s current value.

Huntington Bancshares, Inc. (HBAN) estimates and forecasts

Statistics highlight that Huntington Bancshares, Inc. is scoring comparatively lower than the scores of other players of the relevant industry. The company added 16.85% of value to its shares in past 6 months, showing an annual growth rate of -12.50% while that of industry is -7.40. Apart from that, the company came lowering its revenue forecast for fiscal year 2024.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 0.68% during past 5 years. In 2024, company’s earnings growth rate is likely to be around -4.65% while estimates for its earnings growth in next 5 years are of -5.50%.

HBAN Dividends

With an annual yield of 4.10%, the share has a forward dividend of 0.62 which implies that company’s dividend yield remained growing in trailing twelve months while having a 5 year average dividend yield of 4.79%.

Huntington Bancshares, Inc. (NASDAQ:HBAN)’s Major holders

Insiders are in possession of 0.92% of company’s total shares while institution are holding 83.04 percent of that, with stock having share float percentage of 83.81%. Investors also watch the number of corporate investors in a company very closely, which is 83.04% institutions for Huntington Bancshares, Inc. that are currently holding shares of the company. VANGUARD GROUP INC is the top institutional holder at HBAN for having 170.02 million shares of worth $2.37 billion. And as of 2024-03-31, it was holding 11.7418 of the company’s outstanding shares.

The second largest institutional holder is BLACKROCK INC., which was holding about 132.64 million shares on 2024-03-31. The number of shares represents firm’s hold over 9.1601 of outstanding shares, having a total worth of $1.85 billion.