Horizon Bancorp Stock Today
| HBNC Stock | USD 18.40 0.19 1.02% |
Performance8 of 100
| Odds Of DistressLess than 3
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Horizon Bancorp is trading at 18.40 as of the 29th of November 2024, a 1.02% down since the beginning of the trading day. The stock's open price was 18.59. Horizon Bancorp has a very small chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for Horizon Bancorp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of January 2023 and ending today, the 29th of November 2024. Click here to learn more.
Business Domain Banks | IPO Date 17th of December 2001 | Category Financial Services | Classification Financials |
Horizon Bancorp, Inc. operates as the bank holding company for Horizon Bank that provides a range of commercial and retail banking services. Horizon Bancorp, Inc. was founded in 1873 and is headquartered in Michigan City, Indiana. Horizon Bancorp operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. The company has 43.72 M outstanding shares of which 564.28 K shares are currently shorted by private and institutional investors with about 3.26 trading days to cover. More on Horizon Bancorp
Moving together with Horizon Stock
| 0.98 | AX | Axos Financial | PairCorr |
| 0.98 | BY | Byline Bancorp Fiscal Year End 23rd of January 2025 | PairCorr |
| 0.98 | PB | Prosperity Bancshares Fiscal Year End 22nd of January 2025 | PairCorr |
Moving against Horizon Stock
Follow Valuation Options Odds of Bankruptcy
Fiscal Year End 22nd of January 2025
Horizon Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| President CEO | Thomas Prame | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Old Name | Hudson's Bay Company | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Regional Banks, Banks - Regional, Financial Services, NASDAQ Composite, Financials, Banks, Banks—Regional, Financial Services (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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Debt LevelsHorizon Bancorp can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Horizon Bancorp's financial leverage. It provides some insight into what part of Horizon Bancorp's total assets is financed by creditors.
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Horizon Bancorp (HBNC) is traded on NASDAQ Exchange in USA. It is located in 515 Franklin Street, Michigan City, IN, United States, 46360 and employs 818 people. Horizon Bancorp is listed under Regional Banks category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 804.36 M. Horizon Bancorp conducts business under Banks sector and is part of Financials industry. The entity has 43.72 M outstanding shares of which 564.28 K shares are currently shorted by private and institutional investors with about 3.26 trading days to cover.
Horizon Bancorp currently holds about 112.47 M in cash with 81.44 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.58.
Check Horizon Bancorp Probability Of Bankruptcy
Ownership AllocationHorizon Bancorp has a total of 43.72 Million outstanding shares. Over half of Horizon Bancorp's outstanding shares are owned by outside corporations. These outside corporations are typically referred to as corporate investors that purchase positions in a given instrument to benefit from reduced trade commissions. Please note that no matter how many assets the company holds, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Horizon Ownership Details
Horizon Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Lsv Asset Management | 2024-09-30 | 549.5 K | |
| Rhino Investment Partners, Inc. | 2024-09-30 | 528.3 K | |
| Northern Trust Corp | 2024-09-30 | 503.1 K | |
| Aqr Capital Management Llc | 2024-06-30 | 478.2 K | |
| Morgan Stanley - Brokerage Accounts | 2024-06-30 | 476.7 K | |
| Pacific Ridge Capital Partners, Llc | 2024-09-30 | 422.7 K | |
| Harbour Trust & Investment Management Co | 2024-09-30 | 401.4 K | |
| Charles Schwab Investment Management Inc | 2024-09-30 | 351 K | |
| Nuveen Asset Management, Llc | 2024-06-30 | 347.4 K | |
| Blackrock Inc | 2024-06-30 | 6.1 M | |
| Dimensional Fund Advisors, Inc. | 2024-09-30 | 2.4 M |
Horizon Bancorp Historical Income Statement
Horizon Stock Against Markets
Horizon Bancorp Corporate Management
| Mark CPA | Chief VP | Profile | |
| Todd Etzler | Chief VP | Profile | |
| Lynn Kerber | Executive Officer | Profile | |
| Daniel Buresh | Asst Treasurer | Profile | |
| Amy Phares | Public Manager | Profile |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Horizon Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. For information on how to trade Horizon Stock refer to our How to Trade Horizon Stock guide.You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Horizon Bancorp. If investors know Horizon will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Horizon Bancorp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.108 | Dividend Share 0.64 | Earnings Share 0.48 | Revenue Per Share 4.205 | Quarterly Revenue Growth 0.069 |
The market value of Horizon Bancorp is measured differently than its book value, which is the value of Horizon that is recorded on the company's balance sheet. Investors also form their own opinion of Horizon Bancorp's value that differs from its market value or its book value, called intrinsic value, which is Horizon Bancorp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Horizon Bancorp's market value can be influenced by many factors that don't directly affect Horizon Bancorp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Horizon Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Horizon Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Horizon Bancorp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.