HBANN

Huntington Bancshares Incorporated [HBANN] Stock Forecast

Buy or Sell ? Support and Resistance

What is MACD and how to read it?

How RSI can help?
RSI : 000

HBANN Stock Summary

In the News

12:25 28 Mar 2024 HBANN

Huntington Bancshares Presents At 2020 Barclays Global Financial Services Conference

The following slide deck was published by Huntington Bancshares Incorporated in conjunction with this event.

03:14 28 Mar 2024 HBANN

Dividend Challenger Highlights: Week Of September 13

A weekly summary of dividend activity for Dividend Challengers. Companies which changed their dividends.

07:15 28 Mar 2024 HBANN

Huntington Mobile App Ranks Highest Among Regional Banks in the J.D. Power 2020 U.S. Banking Mobile App Satisfaction Study for the Second Year in a Row

Huntington Bank (Nasdaq: HBAN; www.huntington.com) has claimed the top spot among regional banks in the J.D. Power 2020 U.S. Banking Mobile App Satisfaction Study for the second year in a row.

11:14 28 Mar 2024 HBANN

Huntington Selects BillGO as Innovation Partner in Creating Next Generation Bill Payment Capabilities

In its ongoing quest to listen to customers and innovate on their behalf, Huntington (Nasdaq: HBAN; www.huntington.com) is partnering with BillGO to improve how consumer and business customers make and receive electronic bill payments.

07:32 28 Mar 2024 HBANN

3 Under-The-Radar Dividend Stocks Yielding Over 5%; Wolfe Says ‘Buy’

Sometimes, finding the right stock can be a chore, and sometimes, a pleasure. But whether it’s a breeze or a slog, some things remain constant. The right stock will always bring a benefit to your portfolio – and dividend stocks, when carefully chosen, will do just that.Caution, however, is essential. We’ve seen in recent months many supposedly stable dividends get slashed back or even suspended as companies looked to shore up liquidity during the coronavirus economic shutdown crisis. In the current environment, a high dividend yield is only part of the equation; look for a combination of payment reliability or explicit moves to keep the dividend viable.Wolfe Research has been doing the research for you, picking out stocks that are meeting those requirements. And the results are interesting – Wolfe has tagged three ‘second tier’ companies with strong dividends. These aren’t big names that dominate the stock market, but nevertheless, they are companies that deserve a second look. With details from the TipRanks database, here’s that second look.Huntington Bancshares (HBAN)Our first stock is a holding company, the owner of Ohio-based Huntington Bank. Through the subsidiary, Huntington offers retail and commercial banking services in Ohio, Illinois, Indiana, Kentucky, Michigan, Pennsylvania, and West Virginia, through more than 800 branches and 1,300 ATMs. The bank boasts a market cap exceeding $10 billion, and manages over $118 billion in assets.In short, while Huntington is not huge name in the stock market, it is a major name in the Midwest – and that is a firm foundation for any company. Huntington has seen stable revenues during the corona crisis, with the 1H20 top line growing sequentially from Q1’s $1.15 billion to Q2’s $1.18 billion. Earnings remained positive during the half, and after dropping in the first quarter turned sharply upwards in Q2 to beat the forecast. Second quarter EPS was 13 cents, more than double the estimates.On the dividend front, the company raised its dividend in mid-2019, shortly before corona began to hit the news broadcasts, and has maintained it during the crisis and economic shutdowns. HBAN pays out 15 cents per common share, annualizing to 60 cents and giving a robust yield of 6.1%. This is more than triple the average yield found among S&P-listed companies, and more than double that found among Huntington’s peers in the financial sector.Bill Carache, 5-star analyst with Wolfe, was impressed enough with HBAN to initiate coverage of the stock with a Buy rating and a $12 price target, suggesting a 16% upside from current levels. (To watch Carache’s track record, click here)In his comments, Carache wrote, “We believe HBAN, a quality super regional bank with a strong Midwestern U.S.footprint, has evolved into a lower risk and higher ROTCE-generating bank in the years following the GFC (Global Financial Crisis). Against a ZIRP backdrop and broadly challenging revenue growth outlook for the banking industry, we view HBAN as a relative outperformer as we emerge from the GCC (Global COVID19 Crisis) and expect an inflection in 2022 EPS and ROTCE that is sharper relative to peers."Overall, HBAN has drawn optimism mixed with caution when it comes to consensus opinion among sell-side analysts. Out of 7 analysts polled in the last 3 months, 4 are bullish on the stock, while 3 remain sidelined. With a modest upside of 5%, the stock's consensus price target stands at $10.86. (See Huntington stock analysis at TipRanks)Gaming and Leisure Properties (GLPI)Next on our list, Gaming and Leisure Properties, is a real estate investment trust focused on casino properties. GLPI is the owner operator of 45 casinos in 17 states, and was showing strong growth in profits and share gains through the end of January this year.The February economic shutdowns brought those good times to a stop, as GLPI saw customer traffic plummet at its properties. The long-term nature of GLPI’s property leases, however, have helped keep quarterly earnings solid, despite the recessionary pressures and the market downturn. The company has used that base to keep the dividend payments flowing to shareholders, although with a twist.GLPI has been paying out its dividend during the second and third quarters at 60 cents per common share, are reduction of only 10 cents from the Q1 level. The twist is, the company is paying 12 cents per share in cash, and the remainder in shares of common stock. This creates less of an impact on the company’s liquidity, and for shareholders holds out the promise higher dividend payments when conditions return to normal, as the new shares added to their holdings will pay out dividends in their turn. Counting from 60 cents per share, GLPI’s yield matches HBAN’s, at 6.1%.Wolfe’s Jared Shojaian notes that GLPI has seen solid business as economic restrictions have been lifted, saying, “Regional gaming trends have been exceptional since the reopening, and non-Vegas accounts for 100% of GLPI’s portfolio. Note 43/45 properties have now reopened. GLPI is collecting 99% of rent through July…” Going on, Shojaian notes the dividend structure, and writes, “We find the yield to be very attractive, particularly against other alternatives and the U.S. 10-year.”The analyst concluded, "Over time we see gaming REITs closing the valuation gap to other triple-net REITs, and we think gaming REITs may even deserve to trade at a premium. Additionally, in this record low interest rate environment we think a premium to historical averages could also be warranted, so over time there may be more upside to our target multiple."To this end, Shojaian rates GLPI shares a Buy, and his $46 price target implies room for 16% upside growth. (To watch Shojaian’s track record, click here)Overall, the Strong Buy analyst consensus rating on GLPI is unanimous, based on 7 recent Buy reviews. The stock is trading at $39.51 per share, with an average price target of $40.29 indicating some lingering caution, and a modest upside potential. (See GLPI stock analysis on TipRanks)Regions Financial Corporation (RF)With the last stock on our list, we get back to the banking industry. Regions Financial is another holding company, the owner of Regions Bank, which has over 1,400 branches and 1,900 cash machines in 16 states across the Midwest, the South, and Texas. Regions is listed on the S&P 500 index, and has an $11 billion market cap.Like most companies with a large walk-in customer base, Regions saw earnings fall in Q1, and turn negative in Q2. This was despite a gain in revenues, to $1.54 billion, by the end of the second quarter. The company projects a better third quarter, with earnings approaching pre-crisis levels. Despite all of this, Regions has kept up its dividend payment, declaring last month a 15.5 cent per common share payout, due in early September. This will mark 5 quarters in a row with the dividend at this level, which annualizes to 62 cents and yields 5.4%. That dividend yield is significantly higher than Regions’ peers on the S&P index, where dividend yields average about 2%.Once more, we turn to Bill Carache for the review of RF stock. The analyst sees some risk to the robust dividend if earnings don’t return to consistent positive territory in 2021, but for now he remains bullish: “Although the severity of EPS headwinds in 2020 and 2021 remains unclear, we expect EPS growth to inflect in 2022 as credit headwinds abate and the spending and lending environments continue to normalize—even if zero interest rate policy (ZIRP) persists. Rather than focusing on the transitory recessionary headwinds that have already been discounted in recent lows, we believe investors should instead turn their attention to the path to EPS normalization in 2022.""While the revenue growth outlook in a ZIRP environment is challenging for all banks, we expect RF to outperform as its low-cost deposit franchise and effective hedging strategy drive stronger PPNR and a sharper inflection in 2022 EPS versus peers," the analyst added.Carache is confident enough to put a $16 price target on RF, implying a hefty 33% upside potential and fully supporting his Buy rating. (To watch Carache’s track record, click here)Overall, Regions has a Moderate Buy from the analyst consensus, based on 6 Buy ratings and 4 Holds. The stock has an average price target of $12.83, suggesting room for a modest 6.65% growth from the current trading price of $12.03. (See Regions stock analysis on TipRanks)To find good ideas for dividend stocks trading at attractive valuations, visit TipRanks’ Best Stocks to Buy, a newly launched tool that unites all of TipRanks’ equity insights.Disclaimer: The opinions expressed in this article are solely those of the featured analysts. The content is intended to be used for informational purposes only. It is very important to do your own analysis before making any investment.

01:57 28 Mar 2024 HBANN

Is Huntington Bancshares Incorporated (NASDAQ:HBAN) Popular Amongst Institutions?

A look at the shareholders of Huntington Bancshares Incorporated (NASDAQ:HBAN) can tell us which group is most...

11:31 28 Mar 2024 HBANN

Huntington Bancshares Incorporated (HBAN) Q2 2020 Earnings Call Transcript

HBAN earnings call for the period ending June 30, 2020.

03:54 28 Mar 2024 HBANN

Huntington Bancshares Incorporated (HBAN) CEO Steve Steinour on Q2 2020 Results - Earnings Call Transcript

Huntington Bancshares Incorporated (HBAN) Q2 2020 Earnings Conference Call July 23, 2020 09:00 AM ET Company Participants Mark Muth - Director of Investor Relations Steve Steinour - Chairman, President and CEO Zach Wasserman - Chief Financial Officer Rich Pohle - Chief Credit Officer Conference Call Participants Jon Arfstrom - RBC Capital John Pancari - Evercore ISI Ken Usdin - Jefferies Janet Lee - JP Morgan Terry McEvoy - Stephens Inc Brock Vandervliet - UBS Presentation Operator Greetings, and welcome to the Huntington Bancshares Second Quarter Earnings Call [Operator Instructions].

01:05 28 Mar 2024 HBANN

Huntington Bancshares (HBAN) Q2 Earnings and Revenues Beat Estimates

Huntington Bancshares (HBAN) delivered earnings and revenue surprises of 116.67% and 3.55%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?

12:26 28 Mar 2024 HBANN

Huntington (HBAN) Q2 Earnings Top Estimates, Provisions Up

Reduction in costs and elevated fee income support Huntington's (HBAN) Q2 earnings, partly muted by lower net interest income and higher provisions.

HBANN Financial details

Company Rating
Strong Buy
Market Cap
0
Income
1.95B
Revenue
7.42B
Book val./share
13.37
Cash/share
9.46
Dividend
0.62
Dividend %
4.81%
Employees
17.02K
Optionable
No
Shortable
Yes
Earnings
21 Apr 2021
P/E
17.21
Forward P/E
-
PEG
-4.12
P/S
4210468518.63
P/B
1.08
P/C
2.65
P/FCF
15.52
Quick Ratio
0.98
Current Ratio
0.98
Debt / Equity
0.64
LT Debt / Equity
0.64
-
-
EPS (TTM)
1.28
EPS next Y
-
EPS next Q
-
EPS this Y
-99.94%
EPS next Y
-
EPS next 5Y
-
EPS last 5Y
-75.11%
Revenue last 5Y
9.54%
Revenue Q/Q
-5.27%
EPS Q/Q
-57.14%
-
-
-
-
SMA20
-
SMA50
-
SMA100
-
Inst Own
0%
Inst Trans
0%
ROA
15%
ROE
7%
ROC
0.23%
Gross Margin
-
Oper. Margin
20%
Profit Margin
17%
Payout
85%
Shs Outstand
1.09B
Shs Float
1.46B
-
-
-
-
Target Price
16.2
52W Range
25.09-25.27
52W High
+0.36%
52W Low
+0.36%
RSI
-
Rel Volume
0.54
Avg Volume
4.32K
Volume
2.32K
Perf Week
0%
Perf Month
0%
Perf Quarter
-
Perf Half Y
0%
-
-
-
-
Beta
1.31958
-
-
Volatility
0%, 0%
Prev Close
0%
Price
25.09
Change
0%

HBANN Financial Performance

Yearly Fundamentals Overview

Last date of statement is 2023-12-31

Metric History 2019-12-312020-12-312021-12-312022-12-31 2023-12-31
2.02K2.02K2.02K2.02K2.02K
Revenue per share
4.494.734.757.130.01
Net income per share
1.360.81.032.20
Operating cash flow per share
1.521.31.633.960
Free cash flow per share
1.411.181.443.750
Cash per share
14.8422.8127.2329.830.01
Book value per share
11.3512.7815.2917.430.01
Tangible book value per share
8.9810.410.5811.290.01
Share holders equity per share
11.3512.7815.2917.430.01
Interest debt per share
12.948.815.9712.20.01
Market cap
15.67B12.84B19.47B14.34B18673.16B
Enterprise value
26.85B14.67B20.99B19.13B18675.24B
P/E ratio
11.115.7215.036.419.57K
Price to sales ratio
3.362.673.251.982.54K
POCF ratio
9.959.719.443.567.03K
PFCF ratio
10.6810.6710.733.767.42K
P/B Ratio
1.330.991.010.81964.87
PTB ratio
1.330.991.010.81964.87
EV to sales
5.753.053.52.642.54K
Enterprise value over EBITDA
15.7214.4812.514.877.9K
EV to operating cash flow
17.0611.0910.184.757.03K
EV to free cash flow
18.312.1811.575.027.42K
Earnings yield
0.090.060.070.160
Free cash flow yield
0.090.090.090.270
Debt to equity
1.060.660.390.660.64
Debt to assets
0.110.070.040.060.07
Net debt to EBITDA
6.551.80.911.220.88
Current ratio
5.92126.76117.7510.0943.33
Interest coverage
1.682.317.855.510.68
Income quality
1.121.621.591.791.35
Dividend Yield
0.040.050.050.070
Payout ratio
0.480.850.690.450.53
Sales general and administrative to revenue
0.360.360.40.340.38
Research and developement to revenue
00000
Intangibles to total assets
0.020.020.030.030.03
Capex to operating cash flow
-0.07-0.09-0.12-0.05-0.05
Capex to revenue
-0.02-0.02-0.04-0.03-0.02
Capex to depreciation
-0.28-0.32-0.63-0.44-0.18
Stock based compensation to revenue
0.020.020.020.010.01
Graham number
18.6315.218.7829.380.02
ROIC
0.060.040.050.10.06
Return on tangible assets
0.010.010.010.010.01
Graham Net
-78.73-88.21-94.93-134.29-0.11
Working capital
12.82B23.01B39B22.58K26.24B
Tangible asset value
9.33B10.58B13.36B11.49B13.17B
Net current asset value
-81.79B-86.85B-115.42B-165.14B-143.11B
Invested capital
1.060.660.390.660.64
Average receivables
01.08B3.56B5.86B6.8B
Average payables
00000
Average inventory
0-4.48B-7.67B-10.04B-15.45B
Days sales outstanding
0163.89301.94340.8338.52
Days payables outstanding
00000
Days of inventory on hand
000-838.64.03K
Receivables turnover
02.231.211.071.08
Payables turnover
00000
Inventory turnover
000-0.440.09
ROE
0.120.060.070.130.1
Capex per share
-0.1-0.12-0.2-0.210

Quarterly Fundamentals Overview

Last date of statement is 2023-12-31 for Q4

Metric History 2022-12-312023-03-312023-06-302023-09-30 2023-12-31
2.02K2.02K2.02K2.02K2.02K
Revenue per share
1.361.331.271.31.23
Net income per share
0.450.420.390.380.17
Operating cash flow per share
0.940.090.440.690.62
Free cash flow per share
0.910.070.410.670.58
Cash per share
21.0324.0123.8723.179.46
Book value per share
12.291312.9912.7613.37
Tangible book value per share
7.968.718.78.469.09
Share holders equity per share
12.291312.9912.7613.37
Interest debt per share
8.3914.2711.949.989.27
Market cap
20.35B16.16B15.59B15.06B18.42B
Enterprise value
25.14B25.56B20.69B16.87B20.49B
P/E ratio
7.896.716.976.8818.95
Price to sales ratio
10.388.418.478.0210.36
POCF ratio
14.99124.3424.7515.0720.51
PFCF ratio
15.56153.9526.0715.4321.98
P/B Ratio
1.150.860.830.810.95
PTB ratio
1.150.860.830.810.95
EV to sales
12.8213.3111.248.9911.53
Enterprise value over EBITDA
19.1918.4428.9824.0645.95
EV to operating cash flow
18.53196.6432.8516.8922.82
EV to free cash flow
19.22243.4534.6117.2824.45
Earnings yield
0.030.040.040.040.01
Free cash flow yield
0.060.010.040.060.05
Debt to equity
0.661.060.870.730.64
Debt to assets
0.060.110.090.070.07
Net debt to EBITDA
3.666.787.152.584.65
Current ratio
10.09624.4658.9843.33
Interest coverage
3.292.210.790.720.2
Income quality
2.090.211.121.813.62
Dividend Yield
0.010.020.020.020.01
Payout ratio
0.390.420.450.481.08
Sales general and administrative to revenue
0.330.350.350.340.49
Research and developement to revenue
00000
Intangibles to total assets
0.030.030.030.030.03
Capex to operating cash flow
-0.04-0.19-0.05-0.02-0.07
Capex to revenue
-0.02-0.01-0.02-0.01-0.03
Capex to depreciation
-0.38-0.18-0.16-0.11-0.25
Stock based compensation to revenue
0.010.010.010.010.01
Graham number
11.1211.0410.6310.427.1
ROIC
0.040.030.020.020.01
Return on tangible assets
00000
Graham Net
-94.65-94.31-94.15-93.71-110.32
Working capital
22.58K34.48B39.41B39.48B26.24B
Tangible asset value
11.49B12.57B12.59B12.25B13.17B
Net current asset value
-165.14B-128.89B-128.58B-127.96B-143.11B
Invested capital
0.661.060.870.730.64
Average receivables
6.58B6.74B6.64B6.59B6.72B
Average payables
00000
Average inventory
-12.61B-12.41B-11.51B-12.05B-14.68B
Days sales outstanding
310.85314.6321.04316.89345.52
Days payables outstanding
00000
Days of inventory on hand
-879.10000
Receivables turnover
0.290.290.280.280.26
Payables turnover
00000
Inventory turnover
-0.10000
ROE
0.040.030.030.030.01
Capex per share
-0.03-0.02-0.02-0.02-0.04

HBANN Frequently Asked Questions

What is Huntington Bancshares Incorporated stock symbol ?

Huntington Bancshares Incorporated is a US stock , located in Columbus of Oh and trading under the symbol HBANN

Is Huntington Bancshares Incorporated buy or a sell ?

7 stock analysts have 7 predictions with a medium analyst target price of $15.86. The lowest prediction is $14 and the highest is $18

What is HBANN stock prediction ?

What is Huntington Bancshares Incorporated stock quote today ?

Huntington Bancshares Incorporated stock price is $25.09 today.

Is Huntington Bancshares Incorporated stock public?

Yes, Huntington Bancshares Incorporated is a publicly traded company.

Something similar

Top by Market Cap
Same Sector
Similar Market Cap