The stock of Huntington Bancshares, Inc (NASDAQ:HBAN) last traded at $14.90, up 1.02% from the previous session.
HBAN stock price is now -8.71% away from the 50-day moving average and -2.68% away from the 200-day moving average. The market capitalization of the company currently stands at $21.77B.
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With the price target maintained at $18, Robert W. Baird recently Upgraded its rating from Neutral to Outperform for Huntington Bancshares, Inc (NASDAQ: HBAN). , while ‘Robert W. Baird’ rates the stock as ‘Neutral’
In other news, Wasserman Zachary Jacob, CFO and Senior Exec. V.P. sold 38,451 shares of the company’s stock on Mar 13 ’25. The stock was sold for $552,925 at an average price of $14.38. Upon completion of the transaction, the CFO and Senior Exec. V.P. now directly owns 335,538 shares in the company, valued at $5.0 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 13 ’25, Senior Exec. V.P. Kleinman Scott D sold 69,088 shares of the business’s stock. A total of $1,013,521 was realized by selling the stock at an average price of $14.67. This leaves the insider owning 453,129 shares of the company worth $6.75 million. A total of 1.20% of the company’s stock is owned by insiders.
During the past 12 months, Huntington Bancshares, Inc has had a low of $12.05 and a high of $18.44. According to the stock market information, the enterprise value for the company is $27616997376, which is based on a 12.22 price-to-earnings ratio, a 0.89 price-to-earnings-growth ratio, and a beta of 0.93. The fifty day moving average price for HBAN is $16.322 and a two-hundred day moving average price translates $15.31085 for the stock.
The latest earnings results from Huntington Bancshares, Inc (NASDAQ: HBAN) was released for 2024-12-31. The net profit margin was 15.18% and return on equity was 9.93% for HBAN. The company reported revenue of $2.51 billion for the quarter, compared to $2.35 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 6.81 percent. For the current quarter, analysts expect HBAN to generate $1.89B in revenue.
