How to Buy Huntington Bancshares Stock
Huntington Bancshares Inc
Huntington Bancshares Incorporated operates as the bank holding company for The Huntington National Bank that provides commercial, consumer, and mortgage banking services in the United States.
Huntington Bancshares stock last closed at $13.18, up 0.23% from the previous day, and has increased 13.62% in one year. It has overperformed other stocks in the Banks - Regional industry by 0.04 percentage points. Huntington Bancshares stock is currently +44.36% from its 52-week low of $9.13, and -6.33% from its 52-week high of $14.07.
At the moment, there are 1.45B shares of HBAN outstanding. The market cap of HBAN is $19.09B. In the past 24 hours, 20.29M HBAN shares were traded.
How to Buy Huntington Bancshares Stock
Not sure how to invest in Huntington Bancshares stock? Here's how.
- Choose where to buy Huntington Bancshares stock: You need to choose an online brokerage, but don't worry - we've tried dozens of stock brokerages and apps to help you decide where to buy Huntington Bancshares stock.
- Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Deposit money your investment account: Choose your payment method and add your info.
- Evaluate Huntington Bancshares stock: The Huntington Bancshares ticker symbol is HBAN. Is Huntington Bancshares stock a good investment? Should you buy shares of HBAN? How do HBAN's underlying business fundamentals look? Do top analysts think Huntington Bancshares is a good buy? Why has HBAN's stock price moved recently? (Hint: Our stock market research tools can help you evaluate if HBAN is a good stock to buy).
- Execute your HBAN purchase: Decide if you will purchase HBAN shares at the current market price or use a limit order to purchase HBAN stock at a specific price.
- Track your HBAN position: Create a watchlist to get live updates on your position in Huntington Bancshares stock.
Step 1: Choose where to buy Huntington Bancshares stock
You will need an online brokerage account in order to access the NASDAQ market and buy HBAN shares.
Our favorite brokerage: eToro
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Get $10 towards your purchase of shares by opening an account with eToro now.
Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've selected your brokerage, you'll need to fill out some personal information so you can buy HBAN stock today.
How to Start a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal details to start your new trading account.
- Submit your application by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit money your investment account
Now that you have finished signing up on stock market apps, you need to deposit funds:
Watch the tutorial below if you need help depositing funds into your brokerage account.
Step 4: Evaluate Huntington Bancshares stock
After you have identified the best place to buy Huntington Bancshares stock, it's critical to research their stock prior to investing, so you truly comprehend the risk and opportunity.
Huntington Bancshares stock at a glance
HBAN Overview
WallStreetZen was designed to help everyday investors do better fundamental analysis in less time.
You can view all of the due diligence checks on HBAN's stock page.
Is HBAN stock overvalued?
You can use many financial metrics, analyses, models, and charts to gauge HBAN's intrinsic value.
Using relative valuations measures:
- HBAN may be undervalued based on its P/E ratio of 10.46x, relative to Banks - Regional industry P/E ratio of -10.84x
- HBAN may be overvalued based on its P/B ratio of 0.99x, relative to Banks - Regional industry P/B ratio of 0.95x
- HBAN may be undervalued based on its PEG ratio of 0.58x
You can do additional valuation analysis on HBAN's stock here.
Is HBAN a healthy company?
Signs that HBAN is financially healthy:
- HBAN earnings of $2.36B is not sufficient to cover its interest payments.
- Total HBAN debt is lower than 5 years ago, relative to shareholder equity.
- HBAN's operating cash flow of $2.66B allows it to safely service it's debt of $13.01B.
Signs that HBAN is not financially healthy:
- HBAN has a relatively high debt to equity ratio of 8.78.
- HBAN profit margin has gone down from 30.5% to 26.1% in the past year.
Is HBAN stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 15 Equities analysts who track HBAN, the consensus analyst rating on HBAN is a Buy
It's important to keep in mind that analyst ratings are not recommendations, nor are they investment advice.
Latest HBAN Analyst Ratings
Terry McEvoy, a bottom 6% analyst from Stephens & Co. reiterates HBAN with a hold rating and maintains their HBAN price target from $15.00 to $15.00, on Apr 1, 2024.
John Pancari, a bottom 14% analyst from Evercore ISI Group maintains HBAN with a buy rating and raises their HBAN price target from $15.00 to $16.00, on Mar 28, 2024.
Scott Siefers, a top 21% analyst from Piper Sandler maintains HBAN with a hold rating and raises their HBAN price target from $13.00 to $14.00, on Mar 8, 2024.
Peter Winter, a top 30% analyst from DA Davidson upgrades HBAN to a strong buy rating and raises their HBAN price target from $14.00 to $15.50, on Feb 27, 2024.
Erika Najarian, a bottom 8% analyst from UBS upgrades HBAN to a strong buy rating and raises their HBAN price target from $14.00 to $15.00, on Feb 14, 2024.
You can dive deeper into what analysts are saying on the Huntington Bancshares stock forecast page.
HBAN Trading Indicators
How are HBAN Revenues/Earnings doing?
Last year, HBAN earnings were $1.82B. Over the past five year, HBAN's earnings have grown by 0.65% per year. This was slower than the Banks - Regional industry average of 16.37%.
Last year, HBAN revenue was $6.96B. Over the last 5 year, HBAN's revenue has gone up by 10.23% per year. This was faster than the Banks - Regional industry average of 7.32%.
Dive into HBAN's earnings and revenue performance here.
Who is buying/selling HBAN?
In the past year, insiders at HBAN have sold more shares than they have bought.
Amit Dhingra, Chief Enterprise Pmts Officer of HBAN, was the latest HBAN insider to sell. They sold $37,750.80 worth of HBAN shares on Apr 16, 2024.
Get more info about who owns HBAN stock here.
Can I get consistent income from HBAN stock?
Huntington Bancshares pays a dividend of 4.7%, compared to the Banks - Regional industry's average dividend yield of 3.99%. If you owned $1,000 worth of HBAN stock, you would have received $47.04 in the past 12 months.
Huntington Bancshares dividend payments have consistently grown over the past decade and have remained stable.
Find more data about Huntington Bancshares dividend yield and history here.
Get analysis from other traders
One of the biggest reasons eToro is our highest-rated brokerage is because of its social trading community.
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Step 5: Execute your HBAN purchase
There are two primary types of orders:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are generally sufficient. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at a particular dollar amount, place a limit order.
Click the Open button and eToro will execute the order.
If you want additional assistance investing in stocks on eToro, click the helpful video below:
Step 6: Track your HBAN position
Now that you own some shares in HBAN, you'll want to keep up with your new shares.
Create a watchlist to keep track of your HBAN stock.
HBAN Feed
How to Buy Stock in Huntington Bancshares
To summarize, here are the 6 steps to buy stock in Huntington Bancshares:
- Choose where to buy Huntington Bancshares stock
- Sign up for a brokerage account
- Deposit money your investment account
- Evaluate Huntington Bancshares stock
- Execute your HBAN purchase
- Track your HBAN position
If you require a place to buy stocks, eToro is our recommended option.
Get Started with eToro TodayIf you would like to watch your investment in Huntington Bancshares, add HBAN to your watchlist by clicking the button below.
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