Horizon Bancorp Statistics

Total Valuation

HBNC has a market cap or net worth of $789.93 million.

Market Cap	789.93M
Enterprise Value	n/a

Important Dates

The last earnings date was Wednesday, October 23, 2024, after market close.

Earnings Date	Oct 23, 2024
Ex-Dividend Date	Oct 4, 2024

Share Statistics

HBNC has 43.72 million shares outstanding. The number of shares has increased by 0.61% in one year.

Current Share Class	43.72M
Shares Outstanding	43.72M
Shares Change (YoY)	+0.61%
Shares Change (QoQ)	+0.28%
Owned by Insiders (%)	3.03%
Owned by Institutions (%)	70.12%
Float	41.77M

Valuation Ratios

The trailing PE ratio is 37.42 and the forward PE ratio is 11.06.

PE Ratio	37.42
Forward PE	11.06
PS Ratio	4.30
Forward PS	3.28
PB Ratio	1.05
P/TBV Ratio	1.34
P/FCF Ratio	12.13
P/OCF Ratio	11.33
PEG Ratio	n/a

Financial Ratio History

Enterprise Valuation

EV / Earnings	n/a
EV / Sales	n/a
EV / EBITDA	n/a
EV / EBIT	n/a
EV / FCF	n/a

Financial Position

Current Ratio	n/a
Quick Ratio	n/a
Debt / Equity	n/a
Debt / EBITDA	n/a
Debt / FCF	21.41
Interest Coverage	n/a

Financial Efficiency

Return on equity (ROE) is 2.91%.

Return on Equity (ROE)	2.91%
Return on Assets (ROA)	0.27%
Return on Capital (ROIC)	n/a
Revenue Per Employee	$209,724
Profits Per Employee	$24,082
Employee Count	876
Asset Turnover	n/a
Inventory Turnover	n/a

Taxes

In the past 12 months, HBNC has paid $9.39 million in taxes.

Income Tax	9.39M
Effective Tax Rate	30.80%

Stock Price Statistics

The stock price has increased by +61.05% in the last 52 weeks. The beta is 1.02, so HBNC's price volatility has been similar to the market average.

Beta (5Y)	1.02
52-Week Price Change	+61.05%
50-Day Moving Average	16.13
200-Day Moving Average	13.78
Relative Strength Index (RSI)	62.80
Average Volume (20 Days)	180,402

Short Selling Information

The latest short interest is 570,491, so 1.31% of the outstanding shares have been sold short.

Short Interest	570,491
Short Previous Month	547,602
Short % of Shares Out	1.31%
Short % of Float	1.37%
Short Ratio (days to cover)	3.99

Income Statement

In the last 12 months, HBNC had revenue of $183.72 million and earned $21.10 million in profits. Earnings per share was $0.48.

Revenue	183.72M
Gross Profit	183.72M
Operating Income	38.99M
Pretax Income	29.87M
Net Income	21.10M
EBITDA	n/a
EBIT	n/a
Earnings Per Share (EPS)	$0.48

Full Income Statement

Balance Sheet

The company has $253.24 million in cash and $1.39 billion in debt, giving a net cash position of -$1.14 billion or -$26.09 per share.

Cash & Cash Equivalents	253.24M
Total Debt	1.39B
Net Cash	-1.14B
Net Cash Per Share	-$26.09
Equity (Book Value)	754.82M
Book Value Per Share	17.27
Working Capital	-5.46B

Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $69.72 million and capital expenditures -$4.62 million, giving a free cash flow of $65.10 million.

Operating Cash Flow	69.72M
Capital Expenditures	-4.62M
Free Cash Flow	65.10M
FCF Per Share	$1.49

Full Cash Flow Statement

Margins

Gross Margin	n/a
Operating Margin	21.22%
Pretax Margin	16.59%
Profit Margin	11.48%
EBITDA Margin	n/a
EBIT Margin	n/a
FCF Margin	34.88%

Dividends & Yields

This stock pays an annual dividend of $0.64, which amounts to a dividend yield of 3.54%.

Dividend Per Share	$0.64
Dividend Yield	3.54%
Dividend Growth (YoY)	n/a
Years of Dividend Growth	8
Payout Ratio	132.53%
Buyback Yield	-0.61%
Shareholder Yield	2.93%
Earnings Yield	2.67%
FCF Yield	8.24%

Dividend Details

Analyst Forecast

The average price target for HBNC is $15.33, which is -15.16% lower than the current price. The consensus rating is "Hold".

Price Target	$15.33
Price Target Difference	-15.16%
Analyst Consensus	Hold
Analyst Count	3
Revenue Growth Forecast (5Y)	n/a
EPS Growth Forecast (5Y)	n/a

Stock Forecasts

Stock Splits

The last stock split was on June 18, 2018. It was a forward split with a ratio of 1.5:1.

Last Split Date	Jun 18, 2018
Split Type	Forward
Split Ratio	1.5:1

Scores

Altman Z-Score	n/a
Piotroski F-Score	4