Published: Wed, February 01, 2017
Medicine | By Daryl Nelson

Stock's Earning Overview: Huntington Bancshares Incorporated (NASDAQ:HBAN)


24 analysts projected Price Targets for Huntington Bancshares Incorporated. Goldman Sachs Group, Inc. Sanford C. Bernstein reissued a "market perform" rating on shares of Huntington Bancshares in a research note on Saturday, November 19th.

03/28/2016 - Huntington Bancshares Incorporated had its "neutral" rating reiterated by analysts at Compass Point.

According to the the latest analyst ratings which have been released, 4 brokers have issued a rating of "buy", 6 brokers "outperform", 14 brokers "hold", 1 brokers "underperform" and 0 brokers "sell". A "Buy" rating does not mean that every investor should acquire the stock.

Huntington Bancshares Incorporated (NASDAQ:HBAN) belonging to the Finance sector has declined -1.16% and closed its last trading session at $13.62. Company stock is -17.07% away from its one year high and is moving 35.65% ahead of its one year low. The company has a market cap of $14.93 billion, a P/E ratio of 19.4398 and a beta of 1.23. Crane Co. (NYSE:CR) distance from 50-day simple moving average (SMA50) is -0.09%. Over the last six months and over the last three months, the shares of Huntington Bancshares Incorporated (HBAN), have changed 47.60% and 29.56%, respectively.

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In the trailing 12 months period, return on assets ratio of the Company was 0.70% and return on equity ratio was 7.90% while its return on investment ratio was 11.30%. The business earned $1.08 billion during the quarter, compared to analyst estimates of $1.04 billion. Wedbush analyst P. Winter now anticipates that the firm will post earnings per share of $0.22 for the quarter, down from their prior estimate of $0.23. Total revenue increased 39% over the year-ago quarter. Equities analysts expect that Huntington Bancshares will post $0.96 earnings per share for the current year. If you are viewing this report on another domain, it was copied illegally and republished in violation of United States & global copyright law. If you are reading this piece of content on another website, it was illegally stolen and reposted in violation of United States & global copyright law.

Huntington Bancshares Incorporated is a diversified regional bank holding company.

The company also recently announced a quarterly dividend, which will be paid on Monday, April 3rd. Stockholders of record on Monday, March 20th will be issued a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a yield of 2.32%. Huntington Bancshares now has a consensus rating of "Buy" and a consensus target price of $12.80. The mean price target for the company's stock is $73.84 while the highest price target suggested by the analysts is $95.00 and low price target is $65.00. The Company has 52-week high of $14.17 and 52-week low of $7.95. ATR can display volatility of stocks, ETFs and indexes. While it's Return on Investment (ROI) value is 12.3%. The insider owns 3,442,158 shares which have current market value of around $47432937.24.David L. Porteous is another major inside shareholder in the company. The disclosure for this sale can be found here. Bank of Montreal Can bought a new position in shares of Huntington Bancshares during the second quarter worth approximately $8,277,000. Exencial Wealth Advisors LLC increased its stake in Huntington Bancshares by 3.5% in the fourth quarter. Stock exchanged hands with the total volume of 4.59 Million shares, as contrast to its average volume of 5.68 Million shares. Retirement Systems of Alabama boosted its position in shares of Huntington Bancshares by 0.6% in the second quarter. With the volume soaring to 10,164,457 shares, the last trade was called at $13.78. Meanwhile, Senior Exec Vice President Pierce Sandra E. sold 52,994 shares worth $615000.79, through a transaction dated 2016-11-11. Finally, Huntington National Bank boosted its position in shares of Huntington Bancshares by 14.9% in the second quarter. Insiders own 1.65% of the company's stock.

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