In the last trading session, 15.15 million Huntington Bancshares, Inc (NASDAQ:HBAN) shares changed hands as the company’s beta touched 0.96. With the company’s per share price at $15.94 changed hands at -$0.18 or -1.12% during last session, the market valuation stood at $23.22B. HBAN’s last price was a discount, traded about -15.68% off its 52-week high of $18.44. The share price had its 52-week low at $11.91, which suggests the last value was 25.28% up since then.
Analysts gave the Huntington Bancshares, Inc (HBAN) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.71. If we narrow down to specifics, the data shows that 1 out of 7 analysts rate the stock as a Sell, with a further 1 assigning it an Overweight rating. Of the remaining, 1 recommended HBAN as a Hold, 4 felt it is a Buy and 0 rated the stock as Underweight.
Huntington Bancshares, Inc (NASDAQ:HBAN) trade information
Instantly HBAN was in red as seen at the end of in last trading. With action -0.93%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -2.03%, with the 5-day performance at -0.93% in the red. However, in the 30-day time frame, Huntington Bancshares, Inc (NASDAQ:HBAN) is 18.34% up.
The consensus price target for the stock as assigned by Wall Street analysts is 19, meaning bulls need an upside of 16.11% from its current market value. According to analyst projections, HBAN’s forecast low is 17 with 21 as the target high. To hit the forecast high, the stock’s price needs a -31.74% plunge from its current level, while the stock would need to soar -6.65% for it to hit the projected low.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -0.74%. The 2025 estimates are for Huntington Bancshares, Inc earnings to increase by 17.57%, but the outlook for the next 5-year period is at 13.03% per year.
HBAN Dividends
Huntington Bancshares, Inc is expected to release its next quarterly earnings report in June. The 3.89% annual yield figure for the share gives it an annual dividend of 0.62. It is important to note, however, that the 3.89% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision.
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