Huntington Bancshares Incorporated (HBAN) is expected to post revenue of $1.07 Billion in the current quarter, according to consensus of 17 analysts. This company shares are 13.13% off its target price of $62.8 and the current market capitalization stands at $34.31B.
Other hedge funds also recently modified their holdings of the company. Norges Bank purchased a new position in Huntington Bancshares during the fourth quarter valued at about $200,168,000. Credit Suisse AG raised its position in Huntington Bancshares by 352.9% in the third quarter. Schmidt P J Investment Management Inc. purchased a new position in shares of Huntington Bancshares during the third quarter worth $104,000. The stock appeared -11.91% below its 52-week highs and is down -1.60% for the last five trades. Finally, Summit Financial Strategies Inc. boosted its stake in Huntington Bancshares by 4.1% in the fourth quarter. The company has dropped -6.26% in past 3 months and in the last five trades has moved down -0.57%. The stock returns do not impact the head to head compare scores which are focused on the fundamentals of each company, but ultimately stock returns are are still a critical piece to a full analysis and compare.
Now the shares of Huntington Bancshares Incorporated (HBAN) has a trading volume of 9.12 Million shares, with an average trading volume of 9470 shares - with shares dropping to a 52 week low of $7.90, and the company's shares hitting a 52 week high of $ 14.66. BlackRock Fund Advisors now owns 18,487,283 shares of the company's stock worth $182,285,000 after buying an additional 5,445,943 shares in the last quarter. The Higher end of the revenue forecast is $1.1 Billion, while the Lower end of the forecast is $1.03 Billion.
Huntington Bancshares (NASDAQ:HBAN) last released its quarterly earnings results on Wednesday, January 25th. Comparatively, HBAN posted earnings of $0.24 per share in the same quarter, a year earlier.
The current assessment forHuntington Bancshares Incorporated (NASDAQ:HBAN) Regional - Midwest Banks on its PE ratio displays a value of 18.29 with a Forward PE of 11.61. Analysts are estimating that Huntington Bancshares Incorporated (HBAN) to hit $14.85 Price Target in next one year, this mean price is come up through the consensus of analysts.
EPS growth for this year is -13.00% and EPS growth for next year is expected to reach at 16.32%.
↪ While Huntington Bancshares Incorporated is growing revenue, Fifth Third Bancorp revenue is actually shrinking.
↪ Fifth Third Bancorp has larger revenue in the past year than Huntington Bancshares Incorporated. Shareholders of record on Monday, March 20th were paid a dividend of $0.08 per share. The ex-dividend date was Thursday, March 16th. This represents a $0.32 dividend on an annualized basis and a yield of 2.54%. Huntington Bancshares's dividend payout ratio (DPR) is 47.06%. If you are reading this piece on another site, it was stolen and reposted in violation of US and global copyright & trademark legislation. For the next 5 years, Huntington Bancshares Incorporated is expecting Growth of 10.16% per annum, whereas in the past 5 years the growth was 1.18% per annum.
A number of research analysts recently issued reports on HBAN shares. Latest closing price was -5.22% below its 50-day moving average and 12.11% above its 200-day moving average. Margins are one of the fairest ways to compare companies since they remove some of the bias of large versus small numbers. Royal Bank of Canada reiterated a "buy" rating on shares of Huntington Bancshares in a research report on Saturday, December 17th. Price targets frequently change, depending on the outlook for a company's earnings. Zacks Investment Research cut Huntington Bancshares from a "buy" rating to a "hold" rating in a research report on Monday, January 16th. Huntington Bancshares presently has an average rating of Buy and an average target price of $14.02. The recommendation scale measures the value from 1 to 5, where 1 means "Strong Buy" and 5 stands for "Sell". The consensus rating is 2.3, suggesting the market has given up on the stock. In this case, shares are 13.27% higher from $18.91, the worst price in 52 weeks suffered on February 03, 2017, but are collecting gains at -14.69% for the past six months. Following the completion of the transaction, the director now owns 7,142 shares in the company, valued at $100,416.52.
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