HBNC
Horizon Bancorp
NASDAQ: HBNC · FINANCIAL SERVICES · BANKS - REGIONAL
$17.75
+1.97% today
Updated 2026-06-02
Market cap
$962.43M
P/E ratio
—
P/S ratio
3.76x
EPS (TTM)
$-3.28
Dividend yield
3.42%
52W range
$14 – $19
Volume
0.3M
WallStSmart proprietary scores
55
out of 100
Grade: C+
Hold
Investment rating
3.3
Growth
D4.0
Quality
C4.5
Profitability
C6.0
Valuation
B3/9
Piotroski F-Score
Weak
0.0
Altman Z-Score
Distress
—
Industry rank
—
View all highly rated stocks (75+) →202 stocks currently score above 75
Price targets
Analyst target
$21.20
+19.44%
12-Month target
—
—
Intrinsic (DCF)
—
Margin of safety
—
1 Strong Buy3 Buy2 Hold0 Sell0 Strong Sell
Price chart
Stock snapshot
Strengths
+ Free cash flow $20.71M — positive
Risks
- Piotroski 3/9 — weak financial health
- Altman Z 0.04 — distress zone
- Thin margins at 0.00%
Key financials
Revenue Net Income Free Cash Flow
| Metric | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|
| Revenue | $278.07M | $220.47M | $355.38M | $103.17M | $-23.16M |
| Net income | $93.41M | $27.98M | $35.43M | $-150.48M | $26.17M |
| EPS | — | — | — | — | $-3.28 |
| Free cash flow | $87.95M | $81.16M | $1.28M | $74.28M | $20.71M |
| Profit margin | 33.59% | 12.69% | 9.97% | -145.86% | — |
Recent insider activity
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-05-26 | STEWART, JOHN R | Sale | 8,649 | $18.50 |
| 2026-05-20 | STEWART, JOHN R | Buy | 19,897 | — |
| 2026-04-28 | WALKER, BRIAN C | Buy | 1,306 | $18.36 |
Peer comparison
Smart narrative
Horizon Bancorp trades at $17.75. Our Smart Value Score of 55/100 indicates the stock is fair. The company scores 3/9 on the Piotroski F-Score. With an Altman Z-Score of 0.04, it sits in the distress. TTM revenue stands at $-23.16M.
Frequently asked questions
What is Horizon Bancorp's stock price?
Horizon Bancorp (HBNC) trades at $17.75, on a P/S of 3.8x. Those multiples show what the market is paying for each dollar of earnings and sales, which is the real starting point for judging whether the price is reasonable.
Is Horizon Bancorp overvalued?
Horizon Bancorp carries a Smart Value Score of 55/100 (Grade C+), which we rate Hold. That score blends growth, quality, and valuation into one read.
What is the price target of Horizon Bancorp (HBNC)?
The 12-month analyst consensus target is $21.20, about 19.4% above the current $17.75. A consensus target is the average of Wall Street's 12-month forecasts, so it works as a sentiment gauge rather than a guarantee, and it resets with every earnings cycle.
What is Horizon Bancorp's revenue?
Horizon Bancorp's trailing twelve-month revenue is $-23.16M. Revenue scale anchors the valuation multiples and shows whether growth is reaching the top line, so it is best read alongside margin and growth trends to see if that revenue is getting more profitable over time.
Altman Z-Score?
Horizon Bancorp's Altman Z-Score is 0.04, which places it in the distress. The Altman Z-Score gauges bankruptcy risk from profitability, leverage, and asset efficiency, and a higher reading points to lower financial distress risk.
Company info
SectorFINANCIAL SERVICES
IndustryBANKS - REGIONAL
CountryUSA
ExchangeNASDAQ
CurrencyUSD
Quick metrics
P/S ratio3.76x
ROE-21.21%
Beta0.83
50D MA$17.76
200D MA$17.00
Shares out0.05B
Float0.05B
Short ratio—
Avg volume0.3M
Performance
1 week+0.00%
1 month+4.25%
3 months+17.31%
YTD+9.91%
1 year—
3 years—
5 years—