Huntington Bancshares (NASDAQ:HBAN – Get Free Report) updated its FY 2027 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 1.750-1.830 for the period, compared to the consensus estimate of 1.880. The company issued revenue guidance of -. Huntington Bancshares also updated its FY 2026 guidance to 1.520-1.540 EPS.
Huntington Bancshares Price Performance
Huntington Bancshares stock opened at $16.75 on Wednesday. The company has a debt-to-equity ratio of 0.63, a current ratio of 0.92 and a quick ratio of 0.91. The stock has a market cap of $33.84 billion, a price-to-earnings ratio of 12.98, a price-to-earnings-growth ratio of 0.91 and a beta of 0.92. The firm has a 50-day moving average of $17.36 and a two-hundred day moving average of $16.74. Huntington Bancshares has a 1 year low of $14.89 and a 1 year high of $19.45.
Huntington Bancshares (NASDAQ:HBAN – Get Free Report) last issued its earnings results on Thursday, July 23rd. The bank reported $0.39 EPS for the quarter, hitting analysts’ consensus estimates of $0.39. Huntington Bancshares had a net margin of 16.64% and a return on equity of 11.19%. The business had revenue of $2.86 billion for the quarter, compared to analyst estimates of $2.84 billion. During the same period last year, the company posted $0.34 earnings per share. Huntington Bancshares has set its FY 2026 guidance at 1.900-1.930 EPS. On average, research analysts forecast that Huntington Bancshares will post 1.61 earnings per share for the current year.
Huntington Bancshares Dividend Announcement
Wall Street Analysts Forecast Growth
HBAN has been the topic of a number of recent research reports. Royal Bank Of Canada reissued an “outperform” rating and set a $21.00 price target on shares of Huntington Bancshares in a research report on Tuesday, August 18th. Jefferies Financial Group set a $18.00 price objective on Huntington Bancshares in a report on Thursday, July 23rd. Bank of America reaffirmed a “neutral” rating and issued a $18.50 price objective (down from $20.00) on shares of Huntington Bancshares in a research note on Monday, July 27th. Truist Financial increased their target price on shares of Huntington Bancshares from $19.00 to $20.00 and gave the stock a “buy” rating in a report on Tuesday, July 28th. Finally, Weiss Ratings raised shares of Huntington Bancshares from a “buy (b-)” rating to a “buy (b)” rating in a research report on Monday, July 6th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $20.24.
View Our Latest Stock Report on Huntington Bancshares
Insider Transactions at Huntington Bancshares
In other Huntington Bancshares news, EVP Marcy C. Hingst sold 10,568 shares of the stock in a transaction dated Thursday, June 25th. The shares were sold at an average price of $18.00, for a total transaction of $190,224.00. Following the completion of the sale, the executive vice president directly owned 267,859 shares of the company’s stock, valued at approximately $4,821,462. This represents a 3.80% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Kendall A. Kowalski sold 27,971 shares of the firm’s stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $17.20, for a total transaction of $481,101.20. Following the completion of the sale, the insider owned 70,025 shares in the company, valued at $1,204,430. This represents a 28.54% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.67% of the stock is owned by company insiders.
Huntington Bancshares Company Profile
Huntington Bancshares Incorporated is a regional bank holding company headquartered in Columbus, Ohio. Its principal subsidiary, The Huntington National Bank, provides banking and financial services to consumers, businesses, institutions and government entities.
The company offers consumer and commercial deposit accounts, lending products, mortgage banking, wealth management, investment services, insurance, payment solutions and treasury management. Its lending activities include residential mortgages, auto loans, consumer credit, small-business financing and commercial loans.
Founded in 1866, Huntington serves customers through branches, digital banking channels and business offices across the Midwest and other selected markets.
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