Horizon Bancorp, Inc. (HBNC)
NASDAQ: HBNC · Real-Time Price · USD
18.06
-0.18 (-0.97%)
Dec 3, 2024, 2:14 PM EST - Market open
Horizon Bancorp Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Horizon Bancorp stock have an average target of 15.33, with a low estimate of 12 and a high estimate of 18. The average target predicts a decrease of -15.13% from the current stock price of 18.06.
Analyst Consensus: Hold
* Price targets were last updated on Jul 29, 2024.
Analyst Ratings
The average analyst rating for HBNC stock from 3 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 2 | 2 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 3 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Keefe, Bruyette & Woods | Keefe, Bruyette & Woods | Hold Maintains $14 → $16 | Hold | Maintains | $14 → $16 | -11.42% | Jul 29, 2024 |
| Piper Sandler | Piper Sandler | Hold Maintains $13 → $18 | Hold | Maintains | $13 → $18 | -0.35% | Jul 29, 2024 |
| Piper Sandler | Piper Sandler | Hold Maintains $14 → $13 | Hold | Maintains | $14 → $13 | -28.03% | Apr 29, 2024 |
| Stephens & Co. | Stephens & Co. | Buy Reiterates $12 | Buy | Reiterates | $12 | -33.57% | Dec 13, 2023 |
| Piper Sandler | Piper Sandler | Hold Maintains $13 → $14 | Hold | Maintains | $13 → $14 | -22.50% | Dec 13, 2023 |
Financial Forecast
Revenue This Year
232.06M
Revenue Next Year
262.23M
from 232.06M
Increased by 13.00%
EPS This Year
1.46
from 0.64
Increased by 127.81%
EPS Next Year
1.72
from 1.46
Increased by 17.88%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 248.9M | 279.1M | 297.1M |
| Avg | 232.1M | 262.2M | 275.4M |
| Low | 201.6M | 243.0M | 255.8M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 20.3% | 13.3% |
| Avg | - | 13.0% | 5.0% |
| Low | - | 4.7% | -2.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.55 | 1.85 | 2.03 |
| Avg | 1.46 | 1.72 | 1.84 |
| Low | 1.32 | 1.57 | 1.69 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 142.8% | 26.8% | 17.9% |
| Avg | 127.8% | 17.9% | 6.8% |
| Low | 106.7% | 7.5% | -1.9% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.