Media stories about Huntington Bancshares (NASDAQ:HBAN) have been trending somewhat positive on Tuesday, Accern Sentiment Analysis reports. Accern scores the sentiment of press coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Huntington Bancshares earned a news sentiment score of 0.10 on Accern’s scale. Accern also gave media stories about the bank an impact score of 46.5410011468961 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Here are some of the media stories that may have effected Accern Sentiment’s analysis:
- ETFs with exposure to Huntington Bancshares, Inc. : January 1, 2018 (finance.yahoo.com)
- A Look at Huntington Bancshares Incorporated (NasdaqGS:HBAN)’s Earnings Yield & Data Deep Dive – Collins Courier (collinscourier.com)
- Clever conclusion To Simplify Your Concepts:- Huntington Bancshares Incorporated (NASDAQ:HBAN) – The Stock Street (press release) (thestreetpoint.com)
- Huntington Bancshares Incorporated (NASDAQ:HBAN) – Notable Indicators to Study Before Making Any Investment … – Nasdaq Journal (press release) (nasdaqjournal.com)
- Huntington Bancshares Incorporated (HBAN) – Unusual Volume Stock to Focus – Wall Street Morning (wallstreetmorning.com)
Huntington Bancshares (HBAN) opened at $14.56 on Tuesday. The company has a quick ratio of 0.87, a current ratio of 0.88 and a debt-to-equity ratio of 0.96. The stock has a market cap of $15,738.58, a price-to-earnings ratio of 17.98, a P/E/G ratio of 1.66 and a beta of 1.34. Huntington Bancshares has a 12 month low of $12.14 and a 12 month high of $14.93.
Huntington Bancshares (NASDAQ:HBAN) last posted its quarterly earnings results on Wednesday, October 25th. The bank reported $0.23 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.25 by ($0.02). Huntington Bancshares had a return on equity of 11.96% and a net margin of 20.76%. The company had revenue of $1.09 billion during the quarter, compared to analyst estimates of $1.10 billion. During the same quarter in the prior year, the business earned $0.11 earnings per share. equities analysts anticipate that Huntington Bancshares will post 0.98 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which will be paid on Tuesday, January 2nd. Investors of record on Monday, December 18th will be issued a dividend of $0.11 per share. This is an increase from Huntington Bancshares’s previous quarterly dividend of $0.08. This represents a $0.44 annualized dividend and a yield of 3.02%. The ex-dividend date is Friday, December 15th. Huntington Bancshares’s dividend payout ratio (DPR) is currently 39.51%.
A number of research firms have weighed in on HBAN. FBR & Co reissued a “hold” rating and issued a $14.00 price objective on shares of Huntington Bancshares in a research report on Thursday, October 26th. BidaskClub upgraded shares of Huntington Bancshares from a “hold” rating to a “buy” rating in a research note on Friday, December 22nd. Nomura increased their price objective on shares of Huntington Bancshares from $16.00 to $17.00 and gave the stock a “buy” rating in a research note on Thursday, October 26th. BMO Capital Markets lowered shares of Huntington Bancshares from an “outperform” rating to a “market perform” rating and set a $16.00 price target on the stock. in a research note on Thursday, October 26th. Finally, Keefe, Bruyette & Woods reiterated a “hold” rating and issued a $14.25 price objective on shares of Huntington Bancshares in a report on Friday, October 13th. Five research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. Huntington Bancshares currently has an average rating of “Buy” and a consensus target price of $15.77.
In other news, insider Helga Houston sold 14,513 shares of the company’s stock in a transaction that occurred on Thursday, November 2nd. The shares were sold at an average price of $13.77, for a total value of $199,844.01. Following the completion of the transaction, the insider now owns 499,824 shares in the company, valued at $6,882,576.48. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Daniel J. Neumeyer sold 43,491 shares of the company’s stock in a transaction that occurred on Tuesday, October 31st. The shares were sold at an average price of $13.88, for a total transaction of $603,655.08. Following the completion of the transaction, the executive vice president now owns 427,270 shares of the company’s stock, valued at approximately $5,930,507.60. The disclosure for this sale can be found here. Company insiders own 1.30% of the company’s stock.
Huntington Bancshares Company Profile
Huntington Bancshares Incorporated (Huntington) is a bank holding company. Through its subsidiaries, including its bank subsidiary, The Huntington National Bank (the Bank), the Company provides commercial and consumer banking services, mortgage banking services, automobile financing, recreational vehicle and marine financing, equipment leasing, investment management, trust services, brokerage services, insurance programs, and other financial products and services.
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