Horizon Bancorp Statistics
Total Valuation
HBNC has a market cap or net worth of $561.15 million. The enterprise value is $1.77 billion.
| Market Cap | 561.15M |
| Enterprise Value | 1.77B |
Important Dates
The last earnings date was Wednesday, April 24, 2024, after market close.
| Earnings Date | Apr 24, 2024 |
| Ex-Dividend Date | Apr 4, 2024 |
Share Statistics
HBNC has 44.12 million shares outstanding. The number of shares has increased by 1.22% in one year.
| Shares Outstanding | 44.12M |
| Shares Change (YoY) | +1.22% |
| Shares Change (QoQ) | -0.01% |
| Owned by Insiders (%) | 2.93% |
| Owned by Institutions (%) | 66.43% |
| Float | 42.22M |
Valuation Ratios
The trailing PE ratio is 23.47 and the forward PE ratio is 9.42.
| PE Ratio | 23.47 |
| Forward PE | 9.42 |
| PS Ratio | 3.12 |
| Forward PS | 2.45 |
| PB Ratio | 0.79 |
| P/FCF Ratio | 9.23 |
| PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 38.09, with an EV/FCF ratio of 28.64.
| EV / Earnings | 74.53 |
| EV / Sales | 9.67 |
| EV / EBITDA | 38.09 |
| EV / EBIT | 51.73 |
| EV / FCF | 28.64 |
Financial Position
| Current Ratio | n/a |
| Quick Ratio | n/a |
| Debt / Equity | 2.04 |
| Debt / EBITDA | 31.68 |
| Debt / FCF | 23.83 |
| Interest Coverage | n/a |
Financial Efficiency
Return on equity (ROE) is 3.30% and return on invested capital (ROIC) is 1.08%.
| Return on Equity (ROE) | 3.30% |
| Return on Assets (ROA) | 0.30% |
| Return on Capital (ROIC) | 1.08% |
| Revenue Per Employee | $223,814 |
| Profits Per Employee | $29,027 |
| Employee Count | 818 |
| Asset Turnover | 0.02 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, HBNC has paid $10.47 million in taxes.
| Income Tax | 10.47M |
| Effective Tax Rate | 30.60% |
Stock Price Statistics
The stock price has increased by +45.93% in the last 52 weeks. The beta is 1.03, so HBNC's price volatility has been similar to the market average.
| Beta (1Y) | 1.03 |
| 52-Week Price Change | +45.93% |
| 50-Day Moving Average | 12.13 |
| 200-Day Moving Average | 11.85 |
| Relative Strength Index (RSI) | 61.34 |
| Average Volume (30 Days) | 150,204 |
Short Selling Information
The latest short interest is 813,256, so 1.84% of the outstanding shares have been sold short.
| Short Interest | 813,256 |
| Short Previous Month | 756,500 |
| Short % of Shares Out | 1.84% |
| Short % of Float | 1.93% |
| Short Ratio (days to cover) | 4.98 |
Income Statement
In the last 12 months, HBNC had revenue of $183.08 million and earned $23.74 million in profits. Earnings per share was $0.55.
| Revenue | 183.08M |
| Gross Profit | 183.08M |
| Operating Income | 34.21M |
| Pretax Income | 34.21M |
| Net Income | 23.74M |
| EBITDA | 46.46M |
| EBIT | 34.21M |
| Earnings Per Share (EPS) | $0.55 |
Balance Sheet
The company has $272.80 million in cash and $1.47 billion in debt, giving a net cash position of -$1.20 billion or -$27.18 per share.
| Cash & Cash Equivalents | 272.80M |
| Total Debt | 1.47B |
| Net Cash | -1.20B |
| Net Cash Per Share | -$27.18 |
| Equity / Book Value | 721.25M |
| Book Value Per Share | 16.35 |
| Working Capital | n/a |
Cash Flow
In the last 12 months, operating cash flow was $70.17 million and capital expenditures -$8.39 million, giving a free cash flow of $61.78 million.
| Operating Cash Flow | 70.17M |
| Capital Expenditures | -8.39M |
| Free Cash Flow | 61.78M |
| FCF Per Share | $1.40 |
Margins
Gross margin is 100.00%, with operating and profit margins of 18.69% and 12.97%.
| Gross Margin | 100.00% |
| Operating Margin | 18.69% |
| Pretax Margin | 18.69% |
| Profit Margin | 12.97% |
| EBITDA Margin | 25.38% |
| EBIT Margin | 18.69% |
| FCF Margin | 33.75% |
Dividends & Yields
This stock pays an annual dividend of $0.64, which amounts to a dividend yield of 5.03%.
| Dividend Per Share | $0.64 |
| Dividend Yield | 5.03% |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | 8 |
| Payout Ratio | 116.36% |
| Buyback Yield | -1.22% |
| Shareholder Yield | 3.73% |
| Earnings Yield | 4.16% |
| FCF Yield | 10.83% |
Analyst Forecast
The average price target for HBNC is $12.50, which is -1.73% lower than the current price. The consensus rating is "Hold".
| Price Target | $12.50 |
| Price Target Difference | -1.73% |
| Analyst Consensus | Hold |
| Analyst Count | 3 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock Splits
The last stock split was on June 18, 2018. It was a forward split with a ratio of 3:2.
| Last Split Date | Jun 18, 2018 |
| Split Type | Forward |
| Split Ratio | 3:2 |
Scores
| Altman Z-Score | n/a |
| Piotroski F-Score | 4 |