Huntington Bancshares Incorporated (HBAN)

NASDAQ: HBAN · IEX Real-Time Price · USD
13.94
+0.15 (1.09%)
At close: Mar 28, 2024, 4:00 PM
13.95
+0.01 (0.07%)
After-hours: Mar 28, 2024, 7:51 PM EDT

Total Valuation

HBAN has a market cap or net worth of $20.08 billion. The enterprise value is $22.77 billion.

Market Cap 20.08B
Enterprise Value 22.77B

Important Dates

The last earnings date was Friday, January 20, 2023, before market open.

Earnings Date Jan 20, 2023
Ex-Dividend Date Mar 15, 2024

Share Statistics

HBAN has 1.46 billion shares outstanding. The number of shares has increased by 0.19% in one year.

Shares Outstanding 1.46B
Shares Change (YoY) +0.19%
Shares Change (QoQ) +0.13%
Owned by Insiders (%) 0.94%
Owned by Institutions (%) 82.06%
Float 1.44B

Valuation Ratios

The trailing PE ratio is 11.24 and the forward PE ratio is 11.28. HBAN's PEG ratio is 2.79.

PE Ratio 11.24
Forward PE 11.28
PS Ratio 2.89
Forward PS 2.66
PB Ratio 1.04
P/FCF Ratio 7.98
PEG Ratio 2.79
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 7.20, with an EV/FCF ratio of 9.05.

EV / Earnings 12.53
EV / Sales 3.27
EV / EBITDA 7.20
EV / EBIT 9.63
EV / FCF 9.05

Financial Position

Current Ratio n/a
Quick Ratio n/a
Debt / Equity 0.67
Debt / EBITDA 4.12
Debt / FCF 5.17
Interest Coverage n/a

Financial Efficiency

Return on equity (ROE) is 9.60% and return on invested capital (ROIC) is 6.08%.

Return on Equity (ROE) 9.60%
Return on Assets (ROA) 1.00%
Return on Capital (ROIC) 6.08%
Revenue Per Employee $347,987
Profits Per Employee $90,873
Employee Count 19,995
Asset Turnover 0.04
Inventory Turnover n/a

Taxes

In the past 12 months, HBAN has paid $413.00 million in taxes.

Income Tax 413.00M
Effective Tax Rate 18.52%

Stock Price Statistics

The stock price has increased by +25.36% in the last 52 weeks. The beta is 1.12, so HBAN's price volatility has been higher than the market average.

Beta (1Y) 1.12
52-Week Price Change +25.36%
50-Day Moving Average 13.00
200-Day Moving Average 11.62
Relative Strength Index (RSI) 66.58
Average Volume (30 Days) 17,818,737

Short Selling Information

The latest short interest is 42.43 million, so 2.91% of the outstanding shares have been sold short.

Short Interest 42.43M
Short Previous Month 35.10M
Short % of Shares Out 2.91%
Short % of Float 2.95%
Short Ratio (days to cover) 2.19

Income Statement

In the last 12 months, HBAN had revenue of $6.96 billion and earned $1.82 billion in profits. Earnings per share was $1.24.

Revenue 6.96B
Gross Profit 6.96B
Operating Income 2.38B
Pretax Income 2.36B
Net Income 1.82B
EBITDA 3.16B
EBIT 2.36B
Earnings Per Share (EPS) $1.24
Full Income Statement

Balance Sheet

The company has $10.32 billion in cash and $13.01 billion in debt, giving a net cash position of -$2.69 billion or -$1.85 per share.

Cash & Cash Equivalents 10.32B
Total Debt 13.01B
Net Cash -2.69B
Net Cash Per Share -$1.85
Equity / Book Value 19.35B
Book Value Per Share 13.29
Working Capital n/a
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $2.66 billion and capital expenditures -$140.00 million, giving a free cash flow of $2.52 billion.

Operating Cash Flow 2.66B
Capital Expenditures -140.00M
Free Cash Flow 2.52B
FCF Per Share $1.74
Full Cash Flow Statement

Margins

Gross margin is 100.00%, with operating and profit margins of 34.26% and 26.11%.

Gross Margin 100.00%
Operating Margin 34.26%
Pretax Margin 33.98%
Profit Margin 26.11%
EBITDA Margin 45.44%
EBIT Margin 33.98%
FCF Margin 36.17%

Dividends & Yields

This stock pays an annual dividend of $0.62, which amounts to a dividend yield of 4.45%.

Dividend Per Share $0.62
Dividend Yield 4.45%
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio 50.00%
Buyback Yield -0.19%
Shareholder Yield 4.26%
Earnings Yield 9.05%
FCF Yield 12.54%
Dividend Details

Analyst Forecast

The average price target for HBAN is $14.17, which is 1.65% higher than the current price. The consensus rating is "Buy".

Price Target $14.17
Price Target Difference 1.65%
Analyst Consensus Buy
Analyst Count 16
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

The last stock split was on July 12, 2000. It was a forward split with a ratio of 11:10.

Last Split Date Jul 12, 2000
Split Type Forward
Split Ratio 11:10

Scores

Altman Z-Score n/a
Piotroski F-Score 4