Huntington Bancshares, Inc (NASDAQ:HBAN) has a beta value of 0.96 and has seen 64.08 million shares traded in the last trading session. The company, currently valued at $24.12B, closed the last trade at $16.56 per share which meant it lost -$0.51 on the day or -2.99% during that session. The HBAN stock price is -11.35% off its 52-week high price of $18.44 and 28.08% above the 52-week low of $11.91. If we look at the company’s 10-day average daily trading volume, we find that it stood at 31.91 million shares traded. The 3-month trading volume is 24.80 million shares.
The consensus among analysts is that Huntington Bancshares, Inc (HBAN) is Buy stock at the moment, with a recommendation rating of 1.76. 1 analysts rate the stock as a Sell, while 1 rate it as Overweight. 1 out of 7 have rated it as a Hold, with 4 advising it as a Buy. 0 have rated the stock as Underweight.
Huntington Bancshares, Inc (NASDAQ:HBAN) trade information
Sporting -2.99% in the red in last session, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the HBAN stock price touched $16.56 or saw a rise of 6.18%. Year-to-date, Huntington Bancshares, Inc shares have moved 23.03%, while the 5-day performance has seen it change -5.26%. Over the past 30 days, the shares of Huntington Bancshares, Inc (NASDAQ:HBAN) have changed 3.76%. Short interest in the company has seen 66.83 million shares shorted with days to cover at 2.6.
Wall Street analysts have a consensus price target for the stock at $19, which means that the shares’ value could jump 12.84% from current levels. The projected low price target is $17.0 while the price target rests at a high of $21.0. In that case, then, we find that the current price level is -26.81% off the targeted high while a plunge would see the stock gain -2.66% from current levels.
Huntington Bancshares, Inc (HBAN) estimates and forecasts
The company’s shares have gained 3.37% over the past 6 months.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -0.74% over the past 5 years. Earnings growth for 2025 is a modest 17.65% while over the next 5 years, the company’s earnings are expected to increase by 13.44%.
HBAN Dividends
Huntington Bancshares, Inc is expected to release its next earnings report on 2025-Apr-17 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 0.62 at a share yield of 3.74%. The company’s dividend yield has gone up over the past 12 months, with a 5 Year Average Dividend Yield of 4.58%.
Huntington Bancshares, Inc (NASDAQ:HBAN)’s Major holders
Insiders own 0.93% of the company shares, while shares held by institutions stand at 88.33% with a share float percentage of 89.16%. Investors are also buoyed by the number of investors in a company, with Huntington Bancshares, Inc having a total of 1325.0 institutions that hold shares in the company. The top two institutional holders are VANGUARD GROUP INC with over 171.75 million shares worth more than $2.26 billion. As of 2024-06-30, VANGUARD GROUP INC held 11.8352% of shares outstanding.
The other major institutional holder is BLACKROCK INC., with the holding of over 130.34 million shares as of 2024-06-30. The firm’s total holdings are worth over $1.72 billion and represent 8.9815% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard 500 Index Fund . As of Mar 31, 2025 , the former fund manager holds about 3.14% shares in the company for having 45.9 shares of worth $760.08 million while later fund manager owns 40.39 shares of worth $668.85 million as of Mar 31, 2025 , which makes it owner of about 2.76% of company’s outstanding stock.