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Horizon Bancorp - HBNC Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $13.00
  • Forecasted Upside: 9.80%
  • Number of Analysts: 3
  • Breakdown:
  • 0 Sell Ratings
  • 2 Hold Ratings
  • 1 Buy Ratings
  • 0 Strong Buy Ratings
$11.84 As of 04/19/2024 01:00 AM ET
▲ +0.42 (3.68%)

This chart shows the closing price for HBNC by one month, three months, or twelve months.

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Analyst Price Target for HBNC

Analyst Price Target is $13.00
▲ +9.80% Upside Potential
This price target is based on 3 analysts offering 12 month price targets for Horizon Bancorp in the last 3 months. The average price target is $13.00, with a high forecast of $14.00 and a low forecast of $12.00. The average price target represents a 9.80% upside from the last price of $11.84.

This chart shows the closing price for HBNC for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Hold

The current consensus among 3 investment analysts is to hold stock in Horizon Bancorp. This Hold consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
10/27/2022
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
1/25/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
4/25/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
7/24/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
10/22/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
1/20/2024
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
3/20/2024
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
4/19/2024

Latest Recommendations

  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
12/13/2023StephensReiterated RatingOverweight ➝ Overweight$12.00Low
12/13/2023Piper SandlerBoost TargetNeutral ➝ Neutral$13.00 ➝ $14.00Low
10/30/2023Piper SandlerLower TargetNeutral ➝ Neutral$12.00 ➝ $10.00Low
7/31/2023Piper SandlerBoost TargetNeutral ➝ Neutral$11.00 ➝ $14.00Low
7/6/2023Raymond JamesDowngradeOutperform ➝ Market PerformLow
4/6/2023Raymond JamesLower TargetOutperform$18.00 ➝ $13.00N/A
2/22/2023Piper SandlerDowngradeOverweight ➝ Neutral$17.00Low
1/27/2023Raymond JamesLower TargetOutperform$19.00 ➝ $18.00Low
11/1/2022Piper SandlerLower Target$18.00Low
10/31/2022StephensLower TargetOverweight$25.50 ➝ $18.00Low
10/28/2022Raymond JamesLower TargetOutperform$23.00 ➝ $19.00Low
10/27/2022Keefe, Bruyette & WoodsDowngradeOutperform ➝ Market Perform$23.00 ➝ $18.00Low
8/23/2022StephensBoost Target$25.50Low
7/7/2022Raymond JamesDowngradeStrong-Buy ➝ Outperform$23.00 ➝ $22.00N/A
12/3/2021Raymond JamesBoost TargetStrong-Buy$24.00 ➝ $25.00Medium
10/29/2021Raymond JamesUpgradeOutperform ➝ Strong-Buy$21.00 ➝ $24.00Medium
8/26/2021Raymond JamesBoost TargetOutperform$20.00 ➝ $21.00Low
7/29/2021Raymond JamesLower TargetOutperform$22.00 ➝ $20.00Low
2/1/2021Raymond JamesBoost TargetOutperform$14.00 ➝ $19.00Low
10/30/2020Raymond JamesBoost TargetOutperform$13.00 ➝ $14.00Medium
5/4/2020Piper SandlerBoost TargetOverweight$14.00 ➝ $14.50Low
(Data available from 4/20/2019 forward)

News Sentiment Rating

0.54 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 5 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
9/23/2023
  • 2 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/23/2023
  • 6 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 1 very negative mentions
Mentions as of
11/22/2023
  • 1 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
12/22/2023
  • 2 very positive mentions
  • 3 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
1/21/2024
  • 4 very positive mentions
  • 7 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
2/20/2024
  • 2 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
3/21/2024
  • 4 very positive mentions
  • 8 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
4/20/2024

Current Sentiment

  • 4 very positive mentions
  • 8 positive mentions
  • 2 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

Positive

Very Positive

Horizon Bancorp logo
Horizon Bancorp, Inc. operates as the bank holding company for Horizon Bank that engages in the provision of commercial and retail banking services. The company offers checking, saving, money market, certificate of deposits, individual retirement accounts, and time deposits, as well as non-interest- and interest-bearing demand deposits. It also provides commercial, residential real estate, mortgage, home equity, auto, personal, business, agricultural, and SBA loans, as well as credit cards. In addition, the company offers corporate and individual trust and agency, investment management, and real estate investment trust services; debit cards; treasury management; online and mobile banking; wealth, retirement, and estate and trust services; and sells various insurance products. It operates through full-service offices in northern and central Indiana and southern and central Michigan. Horizon Bancorp, Inc. was founded in 1873 and is headquartered in Michigan City, Indiana.
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Today's Range

Now: $11.84
Low: $11.36
High: $11.92

50 Day Range

MA: $12.12
Low: $11.29
High: $12.83

52 Week Range

Now: $11.84
Low: $7.69
High: $14.71

Volume

232,551 shs

Average Volume

139,993 shs

Market Capitalization

$522.26 million

P/E Ratio

18.50

Dividend Yield

5.60%

Beta

1.02

Frequently Asked Questions

What sell-side analysts currently cover shares of Horizon Bancorp?

The following equities research analysts have issued reports on Horizon Bancorp in the last twelve months: Piper Sandler, Raymond James, Stephens, StockNews.com, and TheStreet.
View the latest analyst ratings for HBNC.

What is the current price target for Horizon Bancorp?

2 Wall Street analysts have set twelve-month price targets for Horizon Bancorp in the last year. Their average twelve-month price target is $13.00, suggesting a possible upside of 9.8%. Piper Sandler has the highest price target set, predicting HBNC will reach $14.00 in the next twelve months. Stephens has the lowest price target set, forecasting a price of $12.00 for Horizon Bancorp in the next year.
View the latest price targets for HBNC.

What is the current consensus analyst rating for Horizon Bancorp?

Horizon Bancorp currently has 2 hold ratings and 1 buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in HBNC, but not buy more shares or sell existing shares.
View the latest ratings for HBNC.

What other companies compete with Horizon Bancorp?

Other companies that are similar to Horizon Bancorp include Central Pacific Financial, Heritage Commerce, Univest Financial, Mercantile Bank and Farmers National Banc. Learn More about companies similar to Horizon Bancorp.

How do I contact Horizon Bancorp's investor relations team?

Horizon Bancorp's physical mailing address is 515 FRANKLIN STREET, MICHIGAN CITY IN, 46360. The financial services provider's listed phone number is (219) 879-0211. The official website for Horizon Bancorp is www.horizonbank.com. Learn More about contacing Horizon Bancorp investor relations.