Horizon Bancorp Statistics
Total Valuation
HBNC has a market cap or net worth of $503.75 million. The enterprise value is $1.44 billion.
| Market Cap | 503.75M |
| Enterprise Value | 1.44B |
Important Dates
The next confirmed earnings date is Wednesday, April 24, 2024, after market close.
| Earnings Date | Apr 24, 2024 |
| Ex-Dividend Date | Apr 4, 2024 |
Share Statistics
HBNC has 44.11 million shares outstanding. The number of shares has increased by 0.41% in one year.
| Shares Outstanding | 44.11M |
| Shares Change (YoY) | +0.41% |
| Shares Change (QoQ) | +0.01% |
| Owned by Insiders (%) | 2.89% |
| Owned by Institutions (%) | 66.12% |
| Float | 41.74M |
Valuation Ratios
The trailing PE ratio is 17.84 and the forward PE ratio is 8.33.
| PE Ratio | 17.84 |
| Forward PE | 8.33 |
| PS Ratio | 2.72 |
| Forward PS | 2.18 |
| PB Ratio | 0.70 |
| P/FCF Ratio | 6.21 |
| PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 28.27, with an EV/FCF ratio of 17.75.
| EV / Earnings | 51.49 |
| EV / Sales | 7.78 |
| EV / EBITDA | 28.27 |
| EV / EBIT | 36.95 |
| EV / FCF | 17.75 |
Financial Position
| Current Ratio | n/a |
| Quick Ratio | n/a |
| Debt / Equity | 2.04 |
| Debt / EBITDA | 28.76 |
| Debt / FCF | 18.06 |
| Interest Coverage | n/a |
Financial Efficiency
Return on equity (ROE) is 4.00% and return on invested capital (ROIC) is 1.28%.
| Return on Equity (ROE) | 4.00% |
| Return on Assets (ROA) | 0.40% |
| Return on Capital (ROIC) | 1.28% |
| Revenue Per Employee | $226,507 |
| Profits Per Employee | $34,207 |
| Employee Count | 818 |
| Asset Turnover | 0.02 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, HBNC has paid $11.02 million in taxes.
| Income Tax | 11.02M |
| Effective Tax Rate | 28.25% |
Stock Price Statistics
The stock price has increased by +8.14% in the last 52 weeks. The beta is 1.01, so HBNC's price volatility has been similar to the market average.
| Beta (1Y) | 1.01 |
| 52-Week Price Change | +8.14% |
| 50-Day Moving Average | 12.11 |
| 200-Day Moving Average | 11.75 |
| Relative Strength Index (RSI) | 39.79 |
| Average Volume (30 Days) | 165,064 |
Short Selling Information
The latest short interest is 726,890, so 1.65% of the outstanding shares have been sold short.
| Short Interest | 726,890 |
| Short Previous Month | 788,127 |
| Short % of Shares Out | 1.65% |
| Short % of Float | 1.74% |
| Short Ratio (days to cover) | 4.54 |
Income Statement
In the last 12 months, HBNC had revenue of $185.28 million and earned $27.98 million in profits. Earnings per share was $0.64.
| Revenue | 185.28M |
| Gross Profit | 185.28M |
| Operating Income | 39.00M |
| Pretax Income | 39.00M |
| Net Income | 27.98M |
| EBITDA | 50.97M |
| EBIT | 39.00M |
| Earnings Per Share (EPS) | $0.64 |
Balance Sheet
The company has $528.72 million in cash and $1.47 billion in debt, giving a net cash position of -$937.13 million or -$21.24 per share.
| Cash & Cash Equivalents | 528.72M |
| Total Debt | 1.47B |
| Net Cash | -937.13M |
| Net Cash Per Share | -$21.24 |
| Equity / Book Value | 718.81M |
| Book Value Per Share | 16.30 |
| Working Capital | n/a |
Cash Flow
In the last 12 months, operating cash flow was $88.94 million and capital expenditures -$7.78 million, giving a free cash flow of $81.16 million.
| Operating Cash Flow | 88.94M |
| Capital Expenditures | -7.78M |
| Free Cash Flow | 81.16M |
| FCF Per Share | $1.84 |
Margins
Gross margin is 100.00%, with operating and profit margins of 21.05% and 15.10%.
| Gross Margin | 100.00% |
| Operating Margin | 21.05% |
| Pretax Margin | 21.05% |
| Profit Margin | 15.10% |
| EBITDA Margin | 27.51% |
| EBIT Margin | 21.05% |
| FCF Margin | 43.80% |
Dividends & Yields
This stock pays an annual dividend of $0.64, which amounts to a dividend yield of 5.60%.
| Dividend Per Share | $0.64 |
| Dividend Yield | 5.60% |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | 8 |
| Payout Ratio | 100.00% |
| Buyback Yield | -0.41% |
| Shareholder Yield | 5.20% |
| Earnings Yield | 5.55% |
| FCF Yield | 16.11% |
Analyst Forecast
The average price target for HBNC is $13.00, which is 13.84% higher than the current price. The consensus rating is "Hold".
| Price Target | $13.00 |
| Price Target Difference | 13.84% |
| 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 |