Press coverage about Huntington Bancshares (NASDAQ:HBAN) has trended somewhat positive this week, according to Accern Sentiment. Accern identifies positive and negative media coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Huntington Bancshares earned a news impact score of 0.12 on Accern’s scale. Accern also assigned press coverage about the bank an impact score of 45.7411253996798 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
These are some of the media headlines that may have effected Accern Sentiment Analysis’s scoring:
- Huntington Bancshares (HBAN) Rating Lowered to Hold at ValuEngine (americanbankingnews.com)
- BidaskClub Downgrades Huntington Bancshares (HBAN) to Buy (americanbankingnews.com)
- Wondrous Stocks: Huntington Bancshares Incorporated, (NASDAQ: HBAN), American Eagle Outfitters, Inc., (NYSE: AEO) – StocksNewsPro (press release) (stocksnewspro.com)
- Notable Stocks Roundup: ArcelorMittal, (NYSE: MT), Huntington Bancshares Incorporated, (NASDAQ: HBAN) – StocksNewsPro (press release) (stocksnewspro.com)
- Price Trends to Watch: Huntington Bancshares Incorporated (HBAN) – The Stocks News (press release) (thestocksnews.com)
A number of research analysts have recently commented on the company. BidaskClub upgraded Huntington Bancshares from a “buy” rating to a “strong-buy” rating in a report on Saturday, February 10th. Zacks Investment Research downgraded Huntington Bancshares from a “buy” rating to a “hold” rating in a report on Tuesday, February 13th. Sandler O’Neill reiterated a “buy” rating and issued a $18.00 price objective on shares of Huntington Bancshares in a report on Tuesday, January 23rd. BMO Capital Markets reiterated a “hold” rating and issued a $18.00 price objective on shares of Huntington Bancshares in a report on Wednesday, January 24th. Finally, Hilliard Lyons upgraded Huntington Bancshares from a “neutral” rating to a “buy” rating and set a $17.00 price objective on the stock in a report on Friday, February 9th. Nine analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has assigned a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $16.93.
Huntington Bancshares (NASDAQ:HBAN) last announced its earnings results on Tuesday, January 23rd. The bank reported $0.26 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.26. The firm had revenue of $1.11 billion during the quarter, compared to analysts’ expectations of $1.10 billion. Huntington Bancshares had a return on equity of 12.12% and a net margin of 25.02%. During the same period in the prior year, the firm earned $0.18 EPS. research analysts forecast that Huntington Bancshares will post 1.21 EPS for the current year.
The company also recently announced a quarterly dividend, which will be paid on Monday, April 2nd. Investors of record on Monday, March 19th will be given a $0.11 dividend. The ex-dividend date is Friday, March 16th. This represents a $0.44 dividend on an annualized basis and a dividend yield of 2.99%. Huntington Bancshares’s dividend payout ratio (DPR) is presently 44.00%.
About Huntington Bancshares
Huntington Bancshares Incorporated (Huntington) is a bank holding company. Through its subsidiaries, including its bank subsidiary, The Huntington National Bank (the Bank), the Company provides commercial and consumer banking services, mortgage banking services, automobile financing, recreational vehicle and marine financing, equipment leasing, investment management, trust services, brokerage services, insurance programs, and other financial products and services.
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