Horizon Bancorp, Inc. (HBNC)
NASDAQ: HBNC · IEX Real-Time Price · USD
11.42
+0.13 (1.15%)
Apr 18, 2024, 4:00 PM EDT - Market closed
Horizon Bancorp Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Horizon Bancorp stock have an average target of 13, with a low estimate of 12 and a high estimate of 14. The average target predicts an increase of 13.84% from the current stock price of 11.42.
Analyst Consensus: Hold
* Price targets were last updated on Dec 13, 2023.
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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '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 |
|---|---|---|---|---|---|---|---|
| Stephens & Co. | Stephens & Co. | Buy Reiterates $12 | Buy | Reiterates | $12 | +5.08% | Dec 13, 2023 |
| Piper Sandler | Piper Sandler | Hold Maintains $13 → $14 | Hold | Maintains | $13 → $14 | +22.59% | Dec 13, 2023 |
| Piper Sandler | Piper Sandler | Hold Maintains $12 → $10 | Hold | Maintains | $12 → $10 | -12.43% | Oct 30, 2023 |
| Piper Sandler | Piper Sandler | Hold Maintains $11 → $14 | Hold | Maintains | $11 → $14 | +22.59% | Jul 31, 2023 |
| Raymond James | Raymond James | Buy → Hold Downgrades n/a | Buy → Hold | Downgrades | n/a | n/a | Jul 6, 2023 |
Financial Forecast
Revenue This Year
230.91M
from 185.28M
Increased by 24.63%
Revenue Next Year
246.71M
from 230.91M
Increased by 6.84%
EPS This Year
1.37
from 0.64
Increased by 114.58%
EPS Next Year
1.56
from 1.37
Increased by 13.71%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 245.4M | 267.5M |
| Avg | 230.9M | 246.7M |
| Low | 216.6M | 226.4M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 32.5% | 15.9% |
| Avg | 24.6% | 6.8% |
| Low | 16.9% | -2.0% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 1.52 | 1.84 |
| Avg | 1.37 | 1.56 |
| Low | 1.20 | 1.31 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | 137.9% | 33.8% |
| Avg | 114.6% | 13.7% |
| Low | 86.8% | -4.4% |
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.