Horizon Bancorp Statistics

Total Valuation

HBNC has a market cap or net worth of $720.43 million. The enterprise value is $1.86 billion.

Market Cap	720.43M
Enterprise Value	1.86B

Important Dates

The next estimated earnings date is Wednesday, January 22, 2025, after market close.

Earnings Date	Jan 22, 2025
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 (%)	2.94%
Owned by Institutions (%)	69.47%
Float	41.81M

Valuation Ratios

The trailing PE ratio is 34.13 and the forward PE ratio is 10.22.

PE Ratio	34.13
Forward PE	10.22
PS Ratio	3.92
Forward PS	2.85
PB Ratio	0.95
P/TBV Ratio	1.22
P/FCF Ratio	11.07
P/OCF Ratio	10.33
PEG Ratio	n/a

Financial Ratio History

Enterprise Valuation

EV / Earnings	88.21
EV / Sales	10.13
EV / EBITDA	n/a
EV / EBIT	n/a
EV / FCF	28.59

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 +17.97% 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	+17.97%
50-Day Moving Average	17.17
200-Day Moving Average	14.36
Relative Strength Index (RSI)	35.92
Average Volume (20 Days)	178,479

Short Selling Information

The latest short interest is 641,286, so 1.47% of the outstanding shares have been sold short.

Short Interest	641,286
Short Previous Month	564,276
Short % of Shares Out	1.47%
Short % of Float	1.53%
Short Ratio (days to cover)	3.46

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	35.43%

Dividends & Yields

This stock pays an annual dividend of $0.64, which amounts to a dividend yield of 3.88%.

Dividend Per Share	$0.64
Dividend Yield	3.88%
Dividend Growth (YoY)	n/a
Years of Dividend Growth	8
Payout Ratio	132.53%
Buyback Yield	-0.61%
Shareholder Yield	3.27%
Earnings Yield	2.93%
FCF Yield	9.04%

Dividend Details

Analyst Forecast

The average price target for HBNC is $18.50, which is 12.26% higher than the current price. The consensus rating is "Hold".

Price Target	$18.50
Price Target Difference	12.26%
Analyst Consensus	Hold
Analyst Count	2
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