Horizon Bancorp Statistics
Total Valuation
Horizon Bancorp has a market cap or net worth of $733.22 million. The enterprise value is $1.87 billion.
Important Dates
The last earnings date was Wednesday, January 22, 2025, after market close.
| Earnings Date | Jan 22, 2025 |
| Ex-Dividend Date | Jan 3, 2025 |
Share Statistics
Horizon Bancorp 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) | -0.89% |
| Owned by Insiders (%) | 2.93% |
| Owned by Institutions (%) | 64.87% |
| Float | 41.85M |
Valuation Ratios
The trailing PE ratio is 34.73 and the forward PE ratio is 9.41.
| PE Ratio | 34.73 |
| Forward PE | 9.41 |
| PS Ratio | 3.99 |
| Forward PS | 2.68 |
| PB Ratio | 0.97 |
| P/TBV Ratio | 1.25 |
| P/FCF Ratio | 11.26 |
| P/OCF Ratio | 10.52 |
| PEG Ratio | n/a |
Financial Ratio HistoryEnterprise Valuation
| EV / Earnings | 88.82 |
| EV / Sales | 10.20 |
| EV / EBITDA | n/a |
| EV / EBIT | n/a |
| EV / FCF | 28.78 |
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 Invested Capital (ROIC) | n/a |
| Return on Capital Employed (ROCE) | 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, Horizon Bancorp 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 +35.02% in the last 52 weeks. The beta is 1.06, so Horizon Bancorp's price volatility has been similar to the market average.
| Beta (5Y) | 1.06 |
| 52-Week Price Change | +35.02% |
| 50-Day Moving Average | 16.63 |
| 200-Day Moving Average | 15.25 |
| Relative Strength Index (RSI) | 47.21 |
| Average Volume (20 Days) | 151,247 |
Short Selling Information
The latest short interest is 581,249, so 1.33% of the outstanding shares have been sold short.
| Short Interest | 581,249 |
| Short Previous Month | 457,209 |
| Short % of Shares Out | 1.33% |
| Short % of Float | 1.39% |
| Short Ratio (days to cover) | 3.38 |
Income Statement
In the last 12 months, Horizon Bancorp 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 StatementBalance 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 -$26.08 per share.
| Cash & Cash Equivalents | 253.24M |
| Total Debt | 1.39B |
| Net Cash | -1.14B |
| Net Cash Per Share | -$26.08 |
| Equity (Book Value) | 754.82M |
| Book Value Per Share | 17.27 |
| Working Capital | -5.46B |
Full Balance SheetCash 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 StatementMargins
| 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 | 35.43% |
Dividends & Yields
This stock pays an annual dividend of $0.64, which amounts to a dividend yield of 3.82%.
| Dividend Per Share | $0.64 |
| Dividend Yield | 3.82% |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | 132.53% |
| Buyback Yield | -0.61% |
| Shareholder Yield | 3.20% |
| Earnings Yield | 2.88% |
| FCF Yield | 8.88% |
Dividend DetailsAnalyst Forecast
The average price target for Horizon Bancorp is $19.00, which is 13.30% higher than the current price. The consensus rating is "Hold".
| Price Target | $19.00 |
| Price Target Difference | 13.30% |
| Analyst Consensus | Hold |
| Analyst Count | 2 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock ForecastsStock 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 |