HBAN - Huntington Bancshares Incorporated
| Previous Close | 12.91 |
| Open | 12.84 |
| Bid | 12.47 x 43500 |
| Ask | 12.57 x 34100 |
| Day's Range | 12.39 - 12.97 |
| 52 Week Range | 11.12 - 16.52 |
| Volume | 6,650,657 |
| Avg. Volume | 9,109,522 |
| Market Cap | 12.901B |
| Beta (3Y Monthly) | 1.44 |
| PE Ratio (TTM) | 9.88 |
| EPS (TTM) | 1.26 |
| Earnings Date | Oct 21, 2019 - Oct 25, 2019 |
| Forward Dividend & Yield | 0.60 (4.65%) |
| Ex-Dividend Date | 2019-09-16 |
| 1y Target Est | 15.09 |
- Zacks
Why Is Huntington Bancshares (HBAN) Down 13.6% Since Last Earnings Report?
Huntington Bancshares (HBAN) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
- Zacks
Virtus Investment Hikes Dividend 22%: Time to Buy the Stock?
Backed by rise in quarterly dividend and a few favorable fundamental factors, Virtus Investment (VRTS) stock is worth a look.
- Simply Wall St.
Did Huntington Bancshares Incorporated (NASDAQ:HBAN) Insiders Sell Shares?
It is not uncommon to see companies perform well in the years after insiders buy shares. Unfortunately, there are also...
- PR Newswire
Huntington Online Banking and Mobile App Rank Highest in Two J.D. Power 2019 Banking Satisfaction Studies
Awards reflect focus on listening to customers and delivering an exceptional digital experience COLUMBUS, Ohio , Aug. 1, 2019 /PRNewswire/ -- Huntington Bank (Nasdaq: HBAN; www.huntington.com ) has claimed ...
- Zacks
Fed Cuts Rates: Are Bank Stocks Still Worth Betting on?
Despite the Fed interest rate cut, investing in bank stocks seems to be a good idea given several positives.
- PR Newswire
Huntington Bancshares Incorporated Decreases Its Prime Rate To 5.25 Percent
COLUMBUS, Ohio , July 31, 2019 /PRNewswire/ -- Huntington Bancshares Incorporated (Nasdaq: HBAN) announced that its prime rate is decreasing from 5.5 percent to 5.25 percent, effective August 1, 2019 . ...
- American City Business Journals
The cost of sending a kid to school has risen significantly
A report from Huntington Bank showed that new technology requirements have made school much more expensive.
- Thomson Reuters StreetEvents
Edited Transcript of HBAN earnings conference call or presentation 25-Jul-19 1:00pm GMT
Q2 2019 Huntington Bancshares Inc Earnings Call
- Barrons.com
Huntington Bancshares, JMP Group, Tesla, Brunswick, BOK financial
RESEARCH REPORTS These reports, excerpted and edited by Barron’s, were issued recently by investment and research firms. The reports are a sampling of analysts’ thinking; they should not be considered the views or recommendations of Barron’s.
Motley FoolHuntington Bancshares Incorporated (HBAN) Q2 2019 Earnings Call Transcript
HBAN earnings call for the period ending June 30, 2019.
- American City Business Journals
Huntington Bank sees no recession immediately ahead – but it's shoring up nonetheless
Huntington Bank doesn't see a recession on the horizon, but it's taking steps to shore up its defenses nonetheless.
- Zacks
Huntington Bancshares (HBAN) Beats Q2 Earnings and Revenue Estimates
Huntington Bancshares (HBAN) delivered earnings and revenue surprises of 3.13% and 0.42%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
- Zacks
Huntington (HBAN) Q2 Earnings Beat Estimates, Revenues Up
Higher revenues, aided by rising loans, boost Huntington's (HBAN) Q2 earnings, partly muted by escalating costs and provisions.
- PR Newswire
Huntington Bancshares Incorporated Reports 2019 Second Quarter Earnings Of $0.33 Per Common Share
Results Include 10% Year-Over-Year Increases in Earnings Per Common Share and Tangible Book Value Per Common Share COLUMBUS, Ohio , July 25, 2019 /PRNewswire/ -- Huntington Bancshares Incorporated (Nasdaq: ...
- Zacks
What's in the Cards for Huntington's (HBAN) Q2 Earnings?
Huntington Bancshares' (HBAN) Q2 results likely to reflect prudent expense control, offset by top-line pressure.
- InvestorPlace
3 Big Stock Charts for Tuesday: Western Digital, Huntington Bancshares and Boston Properties
Traders came back from the weekend in a much more optimistic mood than how they ended last week. The S&P 500 finished Monday's action up 0.28%, led by Halliburton (NYSE:HAL) and Applied Materials (NASDAQ:AMAT)Source: Shutterstock Halliburton rallied more than 9% after the oil giant topped its second-quarter earnings estimates, and despite missing revenue expectations. Applied Materials advanced 6.1% in response to new bullishness from Goldman Sachs on the entire memory chip sector.Weighing stocks down more than any other was the near-2% tumble from Verizon (NYSE:VZ). The telecom giant's shares fell for no company-specific reason. Rather, telecom names in general, and their income orientation, has been falling out of favor for several days now.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Stocks to Buy From This Superstar Fund None of those names are interesting trading prospects headed into Tuesday's action, however. Rather, it's the stock charts of Western Digital (NASDAQ:WDC), Boston Properties (NYSE:BXP) and Huntington Bancshares (NASDAQ:HBAN) that merit the closest technical looks. Western Digital (WDC)On April 17, Western Digital was pegged as a breakout candidate. A choppy but powerful rally managed to shove WDC stock out of a short-term trading range on major volume, simultaneously pushing the tech stock over its 200-day moving average line plotted in white on both stock charts.The move faltered as quickly as it took shape, with Western Digital shares rolling over the next day and not looking back until the late-2018 low was revisited. Then, an even more powerful rally took shape again to wind up bumping into that very same April resistance. This time though, WDC stock has a good chance of following through. * Click to EnlargeThe line in the sand is right around $55.70, where the stock peaked in April, in early July and then one more time yesterday. * Although we've seen this move before to no avail, this time, there's persistent above-average volume behind the advance. * Although the momentum looks and feels healthy, Western Digital might need to pull back one more time before making the final thrust above $55.70. The key will be support at or near the 100-day and 200-day lines, marked in gray and white, respectively, on both stock charts. Boston Properties (BXP)Far more often than not, a wedge-shaped pattern made by a stock or index chart squeezes that index or stock toward a tip of the wedge, building pressure the whole time. Once there's no means of containing that pressure, it's unleashed, pushing that underlying instrument higher or lower in a big way.Boston Properties has dished out the opposite of that typical converging wedge pattern since early 2017, however. That is to say, the trading range has been expanding rather than narrowing. It's not mattered yet, but as of Monday, BXP stock is dangerously close to breaking under a near-term support area that could drive shares considerably lower. * 7 Marijuana Penny Stocks to Consider for Those Who Can Handle Risk * Click to EnlargeThe last bastion of support in play for Boston Properties is the floor at $126.87, where it made a low in June, and where yesterday's low was made. Notice the 200-day moving average line, plotted in white, is also under attack. * If that floor should end up failing to keep the stock propped up, a slide all the way back to the $100/105 area is possible. That's where the lower boundary of the expanding wedge currently lies. * The odds are working against the bulls, and for the bears. Early this month, the stock tried to rebound, but met clear resistance at the purple 50-day line and grey 100-day moving average line (highlighted). Huntington Bancshares (HBAN)Late last month, Huntington Bancshares was making a third attempt to hurdle a well-established, falling resistance line that had been repeatedly augmented by the 200-day moving average line. The swell of bullish volume behind the effort at the time, however, made that particular move the most compelling yet.HBAN ended up clearing the hurdle, but soon found another one. That is, the April/May high near $14 once again kept the bulls at bay. The buyers may have only needed to regroup though. The odds of a full-blown breakout thrust developing here continue to improve, even if Huntington Bancshares stock seems range-bound for the time being. * Click to EnlargeThe ceiling to watch is just above $14, plotted with a red dashed line. HBAN has topped out there twice since April. * Although it ultimately failed to make a higher high, over the course of the past couple of weeks, the white 200-day moving average along with the gray 100-day line have served as a support level, letting the market regroup. * What's missing thus far that wasn't missing near the end of June is a healthy amount of volume to fuel a sustained breakout.As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can learn more about James at his site, jamesbrumley.com, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Stocks to Buy From This Superstar Fund * 7 Stocks to Buy This Summer Earnings Season * 7 Marijuana Penny Stocks to Consider for Those Who Can Handle Risk The post 3 Big Stock Charts for Tuesday: Western Digital, Huntington Bancshares and Boston Properties appeared first on InvestorPlace.
- American City Business Journals
SBA loans in Pittsburgh region down almost 20 percent
U.S. Small Business Administration loans are down 19.5 percent during the nine months ended June 30, three-fourths of the way through the SBA fiscal year. The 27-county western Pennsylvania region tallied 336 loans at $125.6 million as of June 30, compared to 448 loans at a $156.1 million for the same period in 2018. “It’s a problem that’s good to have,” said District Director Kelly Hunt.
- MarketWatch
Huntington Bancshares boosts dividend to yield nearly double its peer group
Huntington Bancshares Inc. said Friday it will raise its quarterly dividend by 7%, which effectively increases the regional bank's dividend yield to nearly double its peer group, and more than double the broader stock market. The Ohio-based bank said it will raise its dividend to 15 cents a share from 14 cents, with the new dividend payable Oct. 1 to shareholders of record on Sept. 17. Based on Thursday's stock closing price of $13.76, the new annual dividend rate implies a yield of 4.36%, compared with the yield on the SPDR S&P Regional Bank ETF of $2.26% and the implied yield for the S&P 500 of 1.93%, according to FactSet. Huntington's stock has rallied 15.4% year to date, while the regional bank ETF has advanced 13.1% and the S&P 500 has climbed 19.5%.
- PR Newswire
Huntington Bancshares Incorporated Declares 7% Increase In Quarterly Cash Dividend On Its Common Stock And Declares Quarterly Cash Dividends On Its Preferred Stocks
COLUMBUS, Ohio , July 19, 2019 /PRNewswire/ -- Huntington Bancshares Incorporated ( www.huntington.com ) announced that the Board of Directors declared a quarterly cash dividend on the company's common ...
- Zacks
Huntington Bancshares (HBAN) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
Huntington Bancshares (HBAN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- PR Newswire
Huntington's 13th Annual Backpack Index Spotlights the Role of Technology in Rising Back-to-School Costs
Developed in collaboration with Communities In Schools, a national nonprofit supporting at-risk students in K-12 public schools, the 2019 Huntington Backpack Index features an updated methodology reflecting the increased reliance on connected devices for completing school work. According to a survey of Communities In Schools affiliates across 26 states and the District of Columbia, 62% of respondents reported that elementary school students are at least sometimes asked to submit assignments from home via connected devices. Since 2007, the Huntington Backpack Index has tracked classroom supply and school fee costs to highlight the burden of school expenses beyond assessed taxes.
- Zacks
Commerce Bancshares (CBSH) Beats on Q2 Earnings, Costs Rise
Commerce Bancshares (CBSH) witnesses rise in revenues and expenses in the second quarter of 2019.
- Schaeffer's Investment Research
2 Bank Stocks Downgraded Before Earnings
Both Citi and BMO see headwinds for banks from potential Fed rate cuts
- Markit
See what the IHS Markit Score report has to say about Huntington Bancshares Inc.
Huntington Bancshares Inc NASDAQ/NGS:HBANView full report here! Summary * Bearish sentiment is low * Economic output for the sector is expanding but at a slower rate Bearish sentimentShort interest | PositiveShort interest is low for HBAN with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | NeutralETF activity is neutral. The net inflows of $4.23 billion over the last one-month into ETFs that hold HBAN are not among the highest of the last year and have been slowing. Economic sentimentPMI by IHS Markit | NegativeAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however, and is easing. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to score@ihsmarkit.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
- Benzinga
BMO Downgrades Huntington Bancshares, Calls Premium Valuation Difficult To Justify
BMO's new stance on Huntington Bancshares is based on expectations for the Federal Reserve to implement 25 basis point cuts in September, March 2020 and September 2020, along a 10-year Treasury yield of 2.10%, Chan wrote in the note. The company also has above-average exposure to one-month LIBOR products, which has been negatively impacted by the six basis point decline in the second quarter on average.
