Huntington Bancshares (NASDAQ:HBAN) Releases FY 2027 Earnings Guidance

Huntington Bancshares (NASDAQ:HBAN) updated its FY 2027 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 1.750-1.830 for the period, compared to the consensus EPS estimate of 1.880. The company issued revenue guidance of -. Huntington Bancshares also updated its FY 2026 guidance to 1.520-1.540 EPS.

Wall Street Analyst Weigh In

Several research analysts recently commented on the stock. Truist Financial boosted their price objective on shares of Huntington Bancshares from $19.00 to $20.00 and gave the stock a “buy” rating in a research note on Tuesday, July 28th. Stephens cut their price target on shares of Huntington Bancshares from $20.00 to $19.00 and set an “equal weight” rating on the stock in a report on Friday, July 24th. JPMorgan Chase & Co. upped their price target on Huntington Bancshares from $18.50 to $19.50 and gave the stock an “overweight” rating in a research report on Monday, July 6th. Robert W. Baird increased their price objective on Huntington Bancshares from $20.00 to $21.00 and gave the company an “outperform” rating in a report on Friday, July 24th. Finally, Jefferies Financial Group set a $18.00 price objective on Huntington Bancshares in a research report on Thursday, July 23rd. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $20.24.

Huntington Bancshares Stock Down 0.1%

Shares of HBAN stock opened at $16.75 on Wednesday. Huntington Bancshares has a fifty-two week low of $14.89 and a fifty-two week high of $19.45. The firm has a market capitalization of $33.84 billion, a PE ratio of 12.98, a P/E/G ratio of 0.91 and a beta of 0.92. The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.91 and a current ratio of 0.92. The stock’s 50-day simple moving average is $17.36 and its 200-day simple moving average is $16.74.

Huntington Bancshares (NASDAQ:HBAN) last issued its earnings results on Thursday, July 23rd. The bank reported $0.39 EPS for the quarter, meeting analysts’ consensus estimates of $0.39. Huntington Bancshares had a return on equity of 11.19% and a net margin of 16.64%.The firm had revenue of $2.86 billion for the quarter, compared to analyst estimates of $2.84 billion. During the same quarter in the prior year, the firm earned $0.34 earnings per share. Huntington Bancshares has set its FY 2026 guidance at 1.900-1.930 EPS. Equities analysts expect that Huntington Bancshares will post 1.61 earnings per share for the current year.

Huntington Bancshares Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Thursday, September 17th will be paid a $0.155 dividend. The ex-dividend date is Thursday, September 17th. This represents a $0.62 dividend on an annualized basis and a dividend yield of 3.7%. Huntington Bancshares’s dividend payout ratio is presently 48.06%.

Insiders Place Their Bets

In other Huntington Bancshares news, insider Kendall Kowalski sold 27,971 shares of the company’s stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $17.20, for a total value of $481,101.20. Following the sale, the insider directly owned 70,025 shares of the company’s stock, valued at approximately $1,204,430. This represents a 28.54% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Marcy Hingst sold 10,568 shares of the business’s stock in a transaction dated Thursday, June 25th. The shares were sold at an average price of $18.00, for a total value of $190,224.00. Following the completion of the transaction, the executive vice president directly owned 267,859 shares of the company’s stock, valued at approximately $4,821,462. This trade represents a 3.80% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.67% of the company’s stock.

Huntington Bancshares Company Profile

Huntington Bancshares Incorporated is a regional bank holding company headquartered in Columbus, Ohio. Its principal subsidiary, The Huntington National Bank, provides banking and financial services to consumers, businesses, institutions and government entities.

The company offers consumer and commercial deposit accounts, lending products, mortgage banking, wealth management, investment services, insurance, payment solutions and treasury management. Its lending activities include residential mortgages, auto loans, consumer credit, small-business financing and commercial loans.

Founded in 1866, Huntington serves customers through branches, digital banking channels and business offices across the Midwest and other selected markets.