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How to Buy Horizon Bancorp Stock

Horizon Bancorp Inc

Horizon Bancorp, Inc. operates as the bank holding company for Horizon Bank that provides a range of commercial and retail banking services. The company offers various deposits.

Horizon Bancorp stock last closed at $12.41, up 1.97% from the previous day, and has increased 34.16% in one year. It has overperformed other stocks in the Banks - Regional industry by 0.09 percentage points. Horizon Bancorp stock is currently +61.38% from its 52-week low of $7.69, and -15.64% from its 52-week high of $14.71.

There are currently 44.11M shares of HBNC outstanding. The market value of HBNC is $547.42M. In the past 24 hours, 112,268 HBNC shares were traded.

How to Buy Horizon Bancorp Stock

Not sure how to invest in Horizon Bancorp stock? Here's how.
  1. Choose where to buy Horizon Bancorp stock: You need to decide on an online brokerage, but don't worry - we've analyzed dozens of stock brokerages and apps to help you figure out where to buy Horizon Bancorp stock.
  2. Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
  3. Deposit funds into your brokerage account: Select your payment method and add your details.
  4. Analyze Horizon Bancorp stock: The Horizon Bancorp ticker symbol is HBNC. Is Horizon Bancorp stock a good investment? Should you buy shares of HBNC? How do HBNC's underlying business fundamentals look? Do top analysts think Horizon Bancorp is a good buy? Why has HBNC's stock price moved recently? (Hint: Our stock market analysis website can help you understand if HBNC is a good stock to buy).
  5. Place your HBNC trade: Decide if you will purchase HBNC shares at the current market price or use a limit order to buy HBNC shares at a specific price.
  6. Get updates on your investment in HBNC: Create a watchlist to important updates regarding your position in Horizon Bancorp stock.

Step 1: Choose where to buy Horizon Bancorp stock

You need an online brokerage account to access the NASDAQ market and buy HBNC stock.

A brokerage account is an investment account that allows you to buy and sell a variety of investments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Create a brokerage account

Now that you've chosen the best brokerage, the next step is to fill out some personal info so you can invest in HBNC stock today.

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Step 3: Deposit funds into your brokerage account

Now that you've opened your account on our top ranked stock market app, you can securely and quickly fund your account:

Check out the video below for more details depositing funds into your brokerage account.

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Step 4: Analyze Horizon Bancorp stock

Once you have chosen the best place to buy Horizon Bancorp stock, it's very important to research their stock prior to buying, so you actually comprehend the risk as well as the opportunity.

Horizon Bancorp stock at a glance

HBNC Price
$12.41
1w %
4.73%
1y %
34.16%
5y %
-24.74%
P/E
19.39x
P/B
0.76x
P/S
2.95x
PEG
N/A
Revenue
$185.28M
Earnings
$27.98M
Fore. Rev. Growth
19.6%
Fore. Earn. Growth
N/A
Market Cap
$547.42M
Next Earnings
N/A
Next Dividend
N/A

Horizon Bancorp Overview

WallStreetZen was created to help average investors do more in-depth fundamental analysis quickly.

You can see all of the due diligence checks on HBNC's stock page.

How is HBNC stock valued?

Analysts use many financial metrics, analyses, models, and charts to gauge HBNC's fair value.

Using relative valuations ratios:

  • HBNC may be undervalued based on its P/E ratio of 19.39x, relative to Banks - Regional industry P/E ratio of -9.72x
  • HBNC could be undervalued based on its P/B ratio of 0.76x, relative to Banks - Regional industry P/B ratio of 0.99x

You can access more valuation research on HBNC's stock here.

HBNC Financial Health Overview

Passed Health Checks:

  • HBNC earnings of $39.00M is not enough to cover its interest payments.

Failed Health Checks:

  • HBNC profit margin has gone down from 37.5% to 15.1% in the past year.
  • Total HBNC debt is higher than 5 years ago, relative to shareholder equity.
  • HBNC has a relatively high debt to equity ratio of 10.05.
  • HBNC's operating cash flow of $88.94M allows it to safely service it's debt of $1.47B.

Is Horizon Bancorp stock a Buy, Hold, or Sell, according to analysts?

Out of 2 Wall Street analysts who track HBNC, the consensus analyst rating on HBNC is a Buy

Please keep in mind that analyst ratings are not stock recommendations, nor are they financial advice.

You can dive deeper into what analysts are saying on the Horizon Bancorp stock forecast page.

Metrics for Advanced HBNC Traders

SMA10
11.95
SMA20
11.77
SMA50
12.02
SMA100
12.68
SMA200
11.82
MACD
-0.02
MACD Signal
-0.1
MACD Histogram
0.07
RSI
58.27
Stochastic %K
64.12
Stochastic %D
45.04
StochRSI %K
73.6
StochRSI %D
52.96

HBNC Earnings

Last year, HBNC earnings were $27.98M. During the last 5 year, HBNC's earnings have grown by -14.37% per year. This was slower than the Banks - Regional industry average of 16.14%.

Last year, HBNC revenue was $185.28M. In the last five year, HBNC's revenue has grown by 2.21% per year. This was slower than the Banks - Regional industry average of 7.57%.

You can analyze HBNC's earnings and revenue performance here.

Are HBNC executives and large shareholders buying or selling the stock?

Over the past year, executives and large shareholders at HBNC have sold more shares than they have bought.

Craig M. Dwight, Chief Executive Officer of HBNC, was the latest HBNC insider to sell. They sold $135,930.42 worth of HBNC stock on Mar 21, 2024.

Get more info about who owns HBNC stock here.

Can I rely on HBNC as an income stream?

Horizon Bancorp pays a dividend of 5.16%, compared to the Banks - Regional industry's average dividend yield of 3.8%. If you owned $1,000 of HBNC stock, you would have been paid $51.57 last year.

Horizon Bancorp dividend payments have consistently grown over the past decade and have remained stable.

Dig into more data about Horizon Bancorp dividend yield and history here.

What others are saying about HBNC

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Step 5: Place your HBNC trade

There are two main order types:

  • Market order: A market order is an order to buy or sell a security at the best available price.
    Market orders are generally fine for most investors.
  • Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
    If you want to ensure you're buying or selling at a specific dollar amount, use a limit order.

Press the Open Trade button and eToro will place your order.

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Step 6: Get updates on your investment in HBNC

Now that you own some HBNC stock, you'll want to keep up with your new stock purchase.

Start a watchlist to keep track of your HBNC stock.

HBNC Feed

How to Buy Stock in Horizon Bancorp

To summarize, here are the 6 steps to buy Horizon Bancorp stock:

  1. Choose where to buy Horizon Bancorp stock
  2. Create a brokerage account
  3. Deposit funds into your brokerage account
  4. Analyze Horizon Bancorp stock
  5. Place your HBNC trade
  6. Get updates on your investment in HBNC

If you require a brokerage account, eToro is our favorite venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to keep an eye on your investment in Horizon Bancorp, click the button below.

NASDAQ: HBNC
$12.41+0.24 (+1.97%)
Updated May 2, 2024
Open eToro Account
NASDAQ: HBNC
$12.41+0.24 (+1.97%)
Updated May 2, 2024
Open eToro Account

FAQ

How much does it cost to buy one Horizon Bancorp share?

As of May 2, 2024, it costs $12.41 to buy one share of Horizon Bancorp stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $6, you can buy 0.483 shares of HBNC.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Horizon Bancorp stock?

According to 2 Wall Street analysts who monitor Horizon Bancorp, their consensus recommendation is to buy Horizon Bancorp stock.

What is the best way to buy Horizon Bancorp stock?

One way to place an order for Horizon Bancorp stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.