Currently, there are 1.45B common shares owned by the public and among those 1.44B shares have been available to trade.
The company’s stock has a 5-day price change of -8.08% and -14.12% over the past three months. HBAN shares are trading -6.95% year to date (YTD), with the 12-month market performance up to 10.83% higher. It has a 12-month low price of $12.05 and touched a high of $18.44 over the same period. HBAN has an average intraday trading volume of 19.28 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -6.73%, -8.44%, and -0.97% respectively.
Institutional ownership of Huntington Bancshares, Inc (NASDAQ: HBAN) shares accounts for 86.08% of the company’s 1.45B shares outstanding.
It has a market capitalization of $22.01B and a beta (3y monthly) value of 0.92. The stock’s trailing 12-month PE ratio is 12.41, while the earnings-per-share (ttm) stands at $1.22. The company has a PEG of 0.89 and the debt-to-equity ratio at 0.87. Price movements for the stock have been influenced by the stock’s volatility, which stands at 3.51% over the week and 2.50% over the month.
Earnings per share for the fiscal year are expected to increase by 14.83%, and 12.48% over the next financial year. EPS should grow at an annualized rate of 14.02% over the next five years, compared to -0.74% over the past 5-year period.
Looking at the support for the HBAN, a number of firms have released research notes about the stock. Robert W. Baird stated their Outperform rating for the stock in a research note on March 07, 2025, with the firm’s price target at $18. JP Morgan coverage for the Huntington Bancshares, Inc (HBAN) stock in a research note released on December 04, 2024 offered a Overweight rating with a price target of $20. Robert W. Baird was of a view on July 26, 2024 that the stock is Neutral, while Piper Sandler gave the stock Underweight rating on June 14, 2024, issuing a price target of $13.50- $11.50. JP Morgan on their part issued Overweight rating on May 28, 2024.