HBNC

Horizon Bancorp Inc

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Advanced Chart

15.880

+0.110(+0.700%)

Overview
Forecast
Valuation

Line

Candle

YTD

High

15.940

Open

15.740

VWAP

15.86

Vol

109.89K

Mkt Cap

700.26M

Low

15.550

Amount

1.74M

EV/EBITDA(TTM)

32.00

Total Shares

44.12M

1.62B

EV/OCF(TTM)

8.06

P/S(TTM)

3.83

Horizon Bancorp, Inc. is a bank holding company for Horizon Bank, which serves customers across Midwestern markets through digital and virtual tools, as well as its Indiana and Michigan branches. The Company operates through a single segment, which is commercial banking. The Bank is a full-service commercial bank offering commercial and retail banking services, corporate and individual trust and agency services and other services incident to banking. Its retail offerings include prime residential, indirect auto, and other secured consumer lending to in-market customers, as well as a range of personal banking and wealth management solutions. It also provides a range of in-market business banking and treasury management services, as well as equipment financing solutions for customers regionally and nationally. The Bank maintains around 71 full service offices. The Bank's subsidiaries include Horizon Investments, Inc., Horizon Properties, Inc. and Horizon Insurance Services, Inc.

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2025Q2

FY2025Q3

FY2025Q4

66.45M

+19.17%

0.438

+36.98%

67.81M

+16.07%

0.460

+12.2%

68.40M

+182.97%

0.460

-28.83%

Estimates Revision

The market is revising Downward the revenue expectations for Horizon Bancorp, Inc. (HBNC) for FY2025, with the revenue forecasts being adjusted by -0.14% over the past three months. During the same period, the stock price has changed by -7.03%.

Revenue Estimates for FY2025

Revise Downward

-0.14%

In Past 3 Month

EPS Estimates for FY2025

No Change

0.00%

In Past 3 Month

Stock Price

Go Down

-7.03%

In Past 3 Month

3 Analyst Rating

7.05% Upside

Wall Street analysts forecast HBNC stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for HBNC is 17.00 USD with a low forecast of 17.00 USD and a high forecast of 17.00 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.

0 Buy

3 Hold

0 Sell

Hold

7.05% Upside

Current: 15.880

Low

17.00

Averages

17.00

High

17.00

7.05% Upside

Current: 15.880

Low

17.00

Averages

17.00

High

17.00

Piper Sandler

Nathan Race

Hold

Maintains

$18 → $17

2025-04-28

Reason

Piper Sandler

Nathan Race

Price Target

$18 → $17

2025-04-28

Maintains

Hold

Reason

Keefe, Bruyette & Woods

Damon Delmonte

Hold

Maintains

$18 → $17

2025-04-25

Reason

Keefe, Bruyette & Woods

Damon Delmonte

Price Target

$18 → $17

2025-04-25

Maintains

Hold

Reason

Keefe Bruyette lowered the firm's price target on Horizon Bancorp to $17 from $18 and keeps a Market Perform rating on the shares.

Keefe, Bruyette & Woods

Damon Delmonte

Hold

Maintains

$17 → $19

2024-12-04

Reason

Keefe, Bruyette & Woods

Damon Delmonte

Price Target

$17 → $19

2024-12-04

Maintains

Hold

Reason

Piper Sandler

Nathan Race

Hold

Maintains

$13 → $18

2024-07-29

Reason

Piper Sandler

Nathan Race

Price Target

$13 → $18

2024-07-29

Maintains

Hold

Reason

Keefe, Bruyette & Woods

Damon Delmonte

Hold

Maintains

$14 → $16

2024-07-29

Reason

Keefe, Bruyette & Woods

Damon Delmonte

Price Target

$14 → $16

2024-07-29

Maintains

Hold

Reason

See All Ratings

Valuation Metrics

The current forward P/E ratio for Horizon Bancorp Inc (HBNC.O) is 8.76, compared to its 5-year average forward P/E of 9.01. For a more detailed relative valuation and DCF analysis to assess Horizon Bancorp Inc 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

Fair

5Y Average PE

9.01

Current PE

8.76

Overvalued PE

10.14

Undervalued PE

7.88

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

N/A

5Y Average EV/EBITDA

0.00

Current EV/EBITDA

0.00

Overvalued EV/EBITDA

0.00

Undervalued EV/EBITDA

0.00

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

Fair

5Y Average PS

2.75

Current PS

2.58

Overvalued PS

3.26

Undervalued PS

2.24