Horizon Bancorp, Inc. (HBNC)
NASDAQ: HBNC · IEX Real-Time Price · USD
12.61
+0.12 (0.96%)
At close: Jul 2, 2024, 4:00 PM
12.70
+0.09 (0.71%)
After-hours: Jul 2, 2024, 6:12 PM EDT
Horizon Bancorp Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Horizon Bancorp stock have an average target of 12.5, with a low estimate of 12 and a high estimate of 13. The average target predicts a decrease of -0.87% from the current stock price of 12.61.
Analyst Consensus: Hold
* Price targets were last updated on Apr 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 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '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 |
|---|---|---|---|---|---|---|---|
| Piper Sandler | Piper Sandler | Hold Maintains $14 → $13 | Hold | Maintains | $14 → $13 | +3.09% | Apr 29, 2024 |
| Stephens & Co. | Stephens & Co. | Buy Reiterates $12 | Buy | Reiterates | $12 | -4.84% | Dec 13, 2023 |
| Piper Sandler | Piper Sandler | Hold Maintains $13 → $14 | Hold | Maintains | $13 → $14 | +11.02% | Dec 13, 2023 |
| Piper Sandler | Piper Sandler | Hold Maintains $12 → $10 | Hold | Maintains | $12 → $10 | -20.70% | Oct 30, 2023 |
| Piper Sandler | Piper Sandler | Hold Maintains $11 → $14 | Hold | Maintains | $11 → $14 | +11.02% | Jul 31, 2023 |
Financial Forecast
Revenue This Year
227.15M
from 185.28M
Increased by 22.60%
Revenue Next Year
244.98M
from 227.15M
Increased by 7.85%
EPS This Year
1.35
from 0.64
Increased by 110.53%
EPS Next Year
1.54
from 1.35
Increased by 13.99%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 235.3M | 263.1M |
| Avg | 227.2M | 245.0M |
| Low | 216.6M | 229.3M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 27.0% | 15.8% |
| Avg | 22.6% | 7.8% |
| Low | 16.9% | 1.0% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 1.44 | 1.73 |
| Avg | 1.35 | 1.54 |
| Low | 1.23 | 1.32 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | 125.6% | 28.7% |
| Avg | 110.5% | 14.0% |
| Low | 91.4% | -1.8% |
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.