Horizon Bancorp, Inc. (HBNC)

Horizon Bancorp Statistics

Total Valuation

Horizon Bancorp has a market cap or net worth of $663.74 million. The enterprise value is $1.72 billion.

Market Cap	663.74M
Enterprise Value	1.72B

Important Dates

The next estimated earnings date is Wednesday, April 23, 2025, after market close.

Earnings Date	Apr 23, 2025
Ex-Dividend Date	Apr 4, 2025

Share Statistics

Horizon Bancorp has 44.01 million shares outstanding. The number of shares has increased by 0.50% in one year.

Current Share Class	44.01M
Shares Outstanding	44.01M
Shares Change (YoY)	+0.50%
Shares Change (QoQ)	-0.89%
Owned by Insiders (%)	2.54%
Owned by Institutions (%)	64.62%
Float	42.30M

Valuation Ratios

The trailing PE ratio is 18.95 and the forward PE ratio is 8.51.

PE Ratio	18.95
Forward PE	8.51
PS Ratio	3.56
Forward PS	2.44
PB Ratio	0.88
P/TBV Ratio	1.12
P/FCF Ratio	520.70
P/OCF Ratio	104.99
PEG Ratio	n/a

Enterprise Valuation

EV / Earnings	48.54
EV / Sales	9.24
EV / EBITDA	n/a
EV / EBIT	n/a
EV / FCF	1,339.29

Financial Position

Current Ratio	n/a
Quick Ratio	n/a
Debt / Equity	n/a
Debt / EBITDA	n/a
Debt / FCF	1,070.31
Interest Coverage	n/a

Financial Efficiency

Return on equity (ROE) is 4.78%.

Return on Equity (ROE)	4.78%
Return on Assets (ROA)	0.45%
Return on Invested Capital (ROIC)	n/a
Return on Capital Employed (ROCE)	n/a
Revenue Per Employee	$215,993
Profits Per Employee	$41,101
Employee Count	862
Asset Turnover	n/a
Inventory Turnover	n/a

Taxes

Income Tax	-8.08M
Effective Tax Rate	n/a

Stock Price Statistics

The stock price has increased by +17.93% in the last 52 weeks. The beta is 1.05, so Horizon Bancorp's price volatility has been similar to the market average.

Beta (5Y)	1.05
52-Week Price Change	+17.93%
50-Day Moving Average	16.36
200-Day Moving Average	15.72
Relative Strength Index (RSI)	37.09
Average Volume (20 Days)	168,082

Short Selling Information

The latest short interest is 664,708, so 1.51% of the outstanding shares have been sold short.

Short Interest	664,708
Short Previous Month	550,515
Short % of Shares Out	1.51%
Short % of Float	1.57%
Short Ratio (days to cover)	3.93

Income Statement

In the last 12 months, Horizon Bancorp had revenue of $186.19 million and earned $35.43 million in profits. Earnings per share was $0.80.

Revenue	186.19M
Gross Profit	186.19M
Operating Income	35.79M
Pretax Income	29.87M
Net Income	35.43M
EBITDA	n/a
EBIT	n/a
Earnings Per Share (EPS)	$0.80

Balance Sheet

The company has $323.21 million in cash and $1.37 billion in debt, giving a net cash position of -$1.05 billion or -$23.88 per share.

Cash & Cash Equivalents	323.21M
Total Debt	1.37B
Net Cash	-1.05B
Net Cash Per Share	-$23.88
Equity (Book Value)	763.58M
Book Value Per Share	17.27
Working Capital	-5.30B

Cash Flow

In the last 12 months, operating cash flow was $6.37 million and capital expenditures -$5.08 million, giving a free cash flow of $1.28 million.

Operating Cash Flow	6.37M
Capital Expenditures	-5.08M
Free Cash Flow	1.28M
FCF Per Share	$0.03

Margins

Gross Margin	n/a
Operating Margin	19.22%
Pretax Margin	14.69%
Profit Margin	19.03%
EBITDA Margin	n/a
EBIT Margin	n/a
FCF Margin	0.69%

Dividends & Yields

This stock pays an annual dividend of $0.64, which amounts to a dividend yield of 4.24%.

Dividend Per Share	$0.64
Dividend Yield	4.24%
Dividend Growth (YoY)	n/a
Years of Dividend Growth	n/a
Payout Ratio	80.00%
Buyback Yield	-0.50%
Shareholder Yield	3.72%
Earnings Yield	5.30%
FCF Yield	0.19%

Analyst Forecast

The average price target for Horizon Bancorp is $19.00, which is 26.00% higher than the current price. The consensus rating is "Hold".

Price Target	$19.00
Price Target Difference	26.00%
Analyst Consensus	Hold
Analyst Count	2
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 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	3