Huntington Bancshares' Series A Preferred Stock Shares Cross 6% Yield Mark
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 30 2024
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Source: NASDAQ.COM
Dividend Performance: Huntington Bancshares Inc's 8.50% Series A Non-Cumulative Perpetual Convertible Preferred Stock (HBANP) is down about 1% in trading, while the common shares (HBAN) have increased by 0.1%.
Market Insights: The article includes a dividend history chart for HBANP and mentions the availability of information on the highest yielding preferred stocks.
Analyst Views on HBANP
Wall Street analysts forecast HBANP stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for HBANP is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 17.820
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Current: 17.820
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
