Headlines about Huntington Bancshares (NASDAQ:HBAN) have been trending somewhat positive on Sunday, Accern Sentiment reports. The research group identifies positive and negative press coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Huntington Bancshares earned a daily sentiment score of 0.17 on Accern’s scale. Accern also assigned press coverage about the bank an impact score of 46.7063693537848 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Here are some of the media headlines that may have effected Accern’s rankings:
Huntington Bancshares (NASDAQ HBAN) opened at $15.85 on Friday. The stock has a market cap of $17,133.00, a P/E ratio of 16.51, a P/E/G ratio of 1.24 and a beta of 1.34. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.88 and a quick ratio of 0.87. Huntington Bancshares has a one year low of $12.14 and a one year high of $15.85.
Huntington Bancshares (NASDAQ:HBAN) last announced its quarterly earnings data on Wednesday, October 25th. The bank reported $0.23 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.25 by ($0.02). The firm had revenue of $1.09 billion during the quarter, compared to the consensus estimate of $1.10 billion. Huntington Bancshares had a net margin of 20.76% and a return on equity of 11.96%. During the same period last year, the business earned $0.11 earnings per share. equities analysts anticipate that Huntington Bancshares will post 0.98 EPS for the current fiscal year.
The business also recently announced a quarterly dividend, which was paid on Tuesday, January 2nd. Shareholders of record on Monday, December 18th were paid a dividend of $0.11 per share. This represents a $0.44 dividend on an annualized basis and a dividend yield of 2.78%. The ex-dividend date was Friday, December 15th. This is a boost from Huntington Bancshares’s previous quarterly dividend of $0.08. Huntington Bancshares’s payout ratio is presently 39.51%.
A number of research firms have issued reports on HBAN. BidaskClub upgraded Huntington Bancshares from a “hold” rating to a “buy” rating in a report on Wednesday. Piper Jaffray Companies restated a “buy” rating and issued a $17.00 price objective on shares of Huntington Bancshares in a report on Tuesday, January 9th. BMO Capital Markets cut Huntington Bancshares from an “outperform” rating to a “market perform” rating and set a $16.00 price objective for the company. in a report on Thursday, October 26th. Zacks Investment Research upgraded Huntington Bancshares from a “hold” rating to a “strong-buy” rating and set a $17.00 price objective for the company in a report on Tuesday, January 9th. Finally, Barclays raised their target price on shares of Huntington Bancshares from $14.00 to $17.00 and gave the company an “equal weight” rating in a research note on Tuesday, January 2nd. Six research analysts have rated the stock with a hold rating, twelve have given a buy rating and one has assigned a strong buy rating to the company’s stock. Huntington Bancshares presently has an average rating of “Buy” and an average price target of $16.31.
In other news, EVP Daniel J. Neumeyer sold 43,491 shares of Huntington Bancshares stock in a transaction on Tuesday, October 31st. The shares were sold at an average price of $13.88, for a total transaction of $603,655.08. Following the transaction, the executive vice president now owns 427,270 shares in the company, valued at $5,930,507.60. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Helga Houston sold 14,513 shares of Huntington Bancshares stock in a transaction on Thursday, November 2nd. The stock was sold at an average price of $13.77, for a total transaction of $199,844.01. Following the transaction, the insider now owns 499,824 shares in the company, valued at approximately $6,882,576.48. The disclosure for this sale can be found here. Insiders own 1.30% of the company’s stock.
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About Huntington Bancshares
Huntington Bancshares Incorporated (Huntington) is a bank holding company. Through its subsidiaries, including its bank subsidiary, The Huntington National Bank (the Bank), the Company provides commercial and consumer banking services, mortgage banking services, automobile financing, recreational vehicle and marine financing, equipment leasing, investment management, trust services, brokerage services, insurance programs, and other financial products and services.
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