Horizon Bancorp Inc. (HBNC)
Horizon Bancorp Statistics
Share Statistics
Horizon Bancorp has 43.72M shares outstanding. The number of shares has increased by -0.9% in one year.
| Shares Outstanding | 43.72M |
| Shares Change (YoY) | -0.9% |
| Shares Change (QoQ) | 0.01% |
| Owned by Institutions (%) | 67.26% |
| Shares Floating | 42.44M |
| Failed to Deliver (FTD) Shares | 50 |
| FTD / Avg. Volume | 0.03% |
Short Selling Information
The latest short interest is 721.84K, so 1.65% of the outstanding shares have been sold short.
| Short Interest | 721.84K |
| Short % of Shares Out | 1.65% |
| Short % of Float | 1.7% |
| Short Ratio (days to cover) | 4.54 |
Valuation Ratios
The PE ratio is 22.31 and the forward PE ratio is 8.95. Horizon Bancorp's PEG ratio is -0.32.
| PE Ratio | 22.31 |
| Forward PE | 8.95 |
| PS Ratio | 3.37 |
| Forward PS | 2.6 |
| PB Ratio | 0.87 |
| P/FCF Ratio | 7.69 |
| PEG Ratio | -0.32 |
Enterprise Valuation
Currently the Enterprise Value (EV) is not available for Horizon Bancorp Inc..
| EV / Earnings | n/a |
| EV / Sales | n/a |
| EV / EBITDA | n/a |
| EV / EBIT | n/a |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 0, with a Debt / Equity ratio of 1.25.
| Current Ratio | 0 |
| Quick Ratio | 0 |
| Debt / Equity | 1.25 |
| Total Debt / Capitalization | 55.59 |
| Cash Flow / Debt | 0.1 |
| Interest Coverage | 0.49 |
Financial Efficiency
Return on equity (ROE) is 0.04% and return on capital (ROIC) is 2.97%.
| Return on Equity (ROE) | 0.04% |
| Return on Assets (ROA) | 0% |
| Return on Capital (ROIC) | 2.97% |
| Revenue Per Employee | $226,507.33 |
| Profits Per Employee | $34,206.6 |
| Employee Count | 818 |
| Asset Turnover | 0.02 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | 11.02M |
| Effective Tax Rate | 0.28 |
Stock Price Statistics
The stock price has increased by 41.87% in the last 52 weeks. The beta is 1.05, so Horizon Bancorp's price volatility has been higher than the market average.
| Beta | 1.05 |
| 52-Week Price Change | 41.87% |
| 50-Day Moving Average | 16.51 |
| 200-Day Moving Average | 15.37 |
| Relative Strength Index (RSI) | 52.66 |
| Average Volume (20 Days) | 160.25K |
Income Statement
In the last 12 months, Horizon Bancorp had revenue of 185.28M and earned 27.98M in profits. Earnings per share was 0.64.
| Revenue | 185.28M |
| Gross Profit | 185.28M |
| Operating Income | 66.91M |
| Net Income | 27.98M |
| EBITDA | 0 |
| EBIT | 66.91M |
| Earnings Per Share (EPS) | 0.64 |
Balance Sheet
The company has 526.51M in cash and 899.82M in debt, giving a net cash position of -373.31M.
| Cash & Cash Equivalents | 526.51M |
| Total Debt | 899.82M |
| Net Cash | -373.31M |
| Retained Earnings | 429.02M |
| Total Assets | 7.27B |
| Working Capital | 365.72M |
Cash Flow
In the last 12 months, operating cash flow was 88.94M and capital expenditures -7.78M, giving a free cash flow of 81.16M.
| Operating Cash Flow | 88.94M |
| Capital Expenditures | -7.78M |
| Free Cash Flow | 81.16M |
| FCF Per Share | 1.86 |
Margins
Gross margin is 100%, with operating and profit margins of 36.11% and 15.1%.
| Gross Margin | 100% |
| Operating Margin | 36.11% |
| Pretax Margin | 21.05% |
| Profit Margin | 15.1% |
| EBITDA Margin | n/a |
| EBIT Margin | 36.11% |
| FCF Margin | 43.8% |
Dividends & Yields
HBNC pays an annual dividend of $0.8, which amounts to a dividend yield of 4.06%.
| Dividend Per Share | $0.80 |
| Dividend Yield | 4.06% |
| Dividend Growth (YoY) | 0% |
| Payout Ratio | 100% |
| Earnings Yield | 3.76% |
| FCF Yield | 10.91% |
Analyst Forecast
The average price target for HBNC is $19, which is 11.7% higher than the current price. The consensus rating is "Hold".
| Price Target | $19 |
| Price Target Difference | 11.7% |
| Analyst Consensus | Hold |
| Analyst Count | 2 |
Stock Splits
The last stock split was on Jun 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 | 0.28 |
| Piotroski F-Score | 6 |