Horizon Bancorp Statistics
Total Valuation
HBNC has a market cap or net worth of $556.30 million. The enterprise value is $1.76 billion.
Market Cap | 556.30M |
Enterprise Value | 1.76B |
Important Dates
The next confirmed earnings date is Wednesday, July 24, 2024, after market close.
Earnings Date | Jul 24, 2024 |
Ex-Dividend Date | Jul 5, 2024 |
Share Statistics
HBNC has 44.12 million shares outstanding. The number of shares has increased by 1.22% in one year.
Shares Outstanding | 44.12M |
Shares Change (YoY) | +1.22% |
Shares Change (QoQ) | -0.01% |
Owned by Insiders (%) | 2.93% |
Owned by Institutions (%) | 66.52% |
Float | 42.14M |
Valuation Ratios
The trailing PE ratio is 22.93 and the forward PE ratio is 9.20.
PE Ratio | 22.93 |
Forward PE | 9.20 |
PS Ratio | 3.04 |
Forward PS | 2.39 |
PB Ratio | 0.77 |
P/FCF Ratio | 9.00 |
PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 37.79, with an EV/FCF ratio of 28.42.
EV / Earnings | 73.94 |
EV / Sales | 9.59 |
EV / EBITDA | 37.79 |
EV / EBIT | 51.31 |
EV / FCF | 28.42 |
Financial Position
Current Ratio | n/a |
Quick Ratio | n/a |
Debt / Equity | 2.04 |
Debt / EBITDA | 31.68 |
Debt / FCF | 23.83 |
Interest Coverage | n/a |
Financial Efficiency
Return on equity (ROE) is 3.30% and return on invested capital (ROIC) is 1.08%.
Return on Equity (ROE) | 3.30% |
Return on Assets (ROA) | 0.30% |
Return on Capital (ROIC) | 1.08% |
Revenue Per Employee | $223,814 |
Profits Per Employee | $29,027 |
Employee Count | 818 |
Asset Turnover | 0.02 |
Inventory Turnover | n/a |
Taxes
In the past 12 months, HBNC has paid $10.47 million in taxes.
Income Tax | 10.47M |
Effective Tax Rate | 30.60% |
Stock Price Statistics
The stock price has increased by +17.41% in the last 52 weeks. The beta is 1.05, so HBNC's price volatility has been similar to the market average.
Beta (5Y) | 1.05 |
52-Week Price Change | +17.41% |
50-Day Moving Average | 12.12 |
200-Day Moving Average | 11.94 |
Relative Strength Index (RSI) | 64.33 |
Average Volume (20 Days) | 193,051 |
Short Selling Information
The latest short interest is 724,289, so 1.64% of the outstanding shares have been sold short.
Short Interest | 724,289 |
Short Previous Month | 699,395 |
Short % of Shares Out | 1.64% |
Short % of Float | 1.72% |
Short Ratio (days to cover) | 6.42 |
Income Statement
In the last 12 months, HBNC had revenue of $183.08 million and earned $23.74 million in profits. Earnings per share was $0.55.
Revenue | 183.08M |
Gross Profit | 183.08M |
Operating Income | 34.21M |
Pretax Income | 34.21M |
Net Income | 23.74M |
EBITDA | 46.46M |
EBIT | 34.21M |
Earnings Per Share (EPS) | $0.55 |
Balance Sheet
The company has $272.80 million in cash and $1.47 billion in debt, giving a net cash position of -$1.20 billion or -$27.18 per share.
Cash & Cash Equivalents | 272.80M |
Total Debt | 1.47B |
Net Cash | -1.20B |
Net Cash Per Share | -$27.18 |
Equity (Book Value) | 721.25M |
Book Value Per Share | 16.35 |
Working Capital | n/a |
Cash Flow
In the last 12 months, operating cash flow was $70.17 million and capital expenditures -$8.39 million, giving a free cash flow of $61.78 million.
Operating Cash Flow | 70.17M |
Capital Expenditures | -8.39M |
Free Cash Flow | 61.78M |
FCF Per Share | $1.40 |
Margins
Gross margin is 100.00%, with operating and profit margins of 18.69% and 12.97%.
Gross Margin | 100.00% |
Operating Margin | 18.69% |
Pretax Margin | 18.69% |
Profit Margin | 12.97% |
EBITDA Margin | 25.38% |
EBIT Margin | 18.69% |
FCF Margin | 33.75% |
Dividends & Yields
This stock pays an annual dividend of $0.64, which amounts to a dividend yield of 5.08%.
Dividend Per Share | $0.64 |
Dividend Yield | 5.08% |
Dividend Growth (YoY) | n/a |
Years of Dividend Growth | 8 |
Payout Ratio | 116.36% |
Buyback Yield | -1.22% |
Shareholder Yield | 3.85% |
Earnings Yield | 4.27% |
FCF Yield | 11.11% |
Analyst Forecast
The average price target for HBNC is $12.50, which is -0.87% lower than the current price. The consensus rating is "Hold".
Price Target | $12.50 |
Price Target Difference | -0.87% |
Analyst Consensus | Hold |
Analyst Count | 3 |
Revenue Growth Forecast (5Y) | n/a |
EPS Growth Forecast (5Y) | n/a |
Stock Splits
The last stock split was on June 18, 2018. It was a forward split with a ratio of 3:2.
Last Split Date | Jun 18, 2018 |
Split Type | Forward |
Split Ratio | 3:2 |
Scores
Altman Z-Score | n/a |
Piotroski F-Score | 4 |