Horizon Bancorp, Inc. (HBNC) fair value analysis
Nasdaq · Updated 2026-10-19
HBNC price how computed
Forward Fair Value verdict
OvervaluedHBNC is trading at more than a 25% premium to estimated fair value.
Based on TickrTrends' weekly Forward Fair Value model.
- Last price
- $19.46
- Sector
- Financial Services
- 12-month range
- $15.57–$20.80
- Market cap
- $999M
- From 52-week high
- -6.4%
- Shares outstanding
- 51.3M
- Rank in Financial Services by discount to fair value
- #165 of 167
Last price is our stored weekly price from 2026-10-16, older than the 2026-10-19 run that built this page; the chart runs through 2026-10-16.
Horizon Bancorp, Inc. is a bank holding company that operates community banks providing retail and commercial banking services to customers in its markets. The company operates banking subsidiaries primarily in the Midwest and Mid-Atlantic regions of the United States.
HBNC currently ranks #165 of 167 Financial Services stocks by discount to fair value. It has screened as Overvalued for 14 consecutive weekly runs.
Fundamentals (4 quarters) how computed
- Market cap
- $999M
- P/E (trailing)
- 6x
- Revenue (TTM)
- $95.4M
- Net margin
- -150.9%
- EPS (TTM)
- $3.15
- Gross margin
- 74.2%
- Debt / equity
- 0.52
- Revenue growth (3-yr avg)
- 3.6%
- Shares outstanding
- 51.3M
Derived indicators how computed
- Quality grade
- C
- Margin trend
- Expanding
- 52-week position
- The upper-middle quarter of its range
Technicals how computed
- RSI (14-day)
- 53 · neutral
- 50-day average
- $19.58
- 200-day average
- $18.53
- Moving-average state
- 50-day above 200-day (golden cross state); price between the averages
Dividends how computed
- Paid, last 12 months
- $0.64 per share (4 payments)
- Yield on last price
- 3.29%
- Consecutive years of increases
- 0 (no streak on complete calendar years)
- Last ex-dividend date
- 2026-10-02
- Last payment date
- 2026-10-16
Earnings how computed
- Last 8 quarters vs consensus
- 7 beat, 1 missed
- Quarter by quarter
- 2026-06 ▼ miss (-3.9%)
2026-03 ▲ beat (+6.3%)
2025-12 ▲ beat (+4.0%)
2025-09 ▲ beat (+239.6%)
2025-06 ▲ beat (+6.8%)
2025-03 ▲ beat (+25.6%)
2024-12 ▲ beat (+75.7%)
2024-09 ▲ beat (+10.8%)
Analyst consensus how computed
This is not TickrTrends' verdict.
- Analyst ratings
- 4 buy · 1 hold · 0 sell (5 analysts)
- Consensus lean
- Buy-leaning
- Consensus price target
- $23.1
- Target vs last price
- +18.7%
What our data shows for HBNC
- Our model validated 15 trailing price-to-earnings windows for HBNC, built from quarterly earnings records.
- Shares are trading in the upper third of their 12-month price range of $15.57–$20.80.
- The 14-day relative strength index sits at a neutral 53.
The exact numbers are one step away
- The precise Forward Fair Value dollar figure for HBNC
- Exact discount / premium to today's price
- The normalized historical P/E behind the estimate, and how many quarters support it
- Forward EPS input and fiscal-year basis
- Screeners and rankings across the full S&P 500 and Nasdaq universes
Forward Fair Value applies a conservatively normalized historical price-to-earnings multiple to the consensus earnings estimate for the next full fiscal year; how TickrTrends computes it.
Recent HBNC news
TickrTrends' derived news-sentiment signal for HBNC is currently leaning positive, computed from recent coverage.
- Horizon Bancorp (IN) Reports Q3 Earnings: EPS of $0.56 Beats Estimates, GF Score at 41/100 (gurufocus.com, 2026-10-21)
TickrTrends take: Horizon Bancorp reported Q3 earnings that exceeded analyst expectations on the earnings per share metric, yet TickrTrends currently derives an overvalued assessment for the stock. A valuation-focused reader should monitor whether the earnings beat reflects sustainable operational improvements or represents a temporary outperformance, particularly given the stock's current positioning relative to fundamentals in the Financial Services sector. The GF Score of 41 out of 100 suggests limited quality metrics support the current valuation level, warranting attention to whether future quarters can justify the stock's price.
What people are saying
Follow the HBNC conversation: Stocktwits · Reddit · X
TickrTrends weekly updates
- 2026-10-19 — HBNC's derived indicators shifted this week as the 50/200-day trend state transitioned from mixed to uptrend, suggesting improved momentum in the near-term price movement relative to the longer-term trajectory. Despite this favorable trend development, the stock remains classified as overvalued according to TickrTrends' current valuation assessment. The uptrend signal indicates positive technical positioning, though valuation metrics continue to suggest the stock is trading above levels justified by fundamentals.
- 2026-10-12 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-11 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-10 — No material change this week: the verdict, bands and grades all held steady.
- 2026-10-05 — HBNC's sector discount rank declined this week, moving from 146th to 151st position among Financial Services companies. This shift indicates the stock has become relatively less discounted compared to its sector peers.
- 2026-09-28 — No material change this week: the verdict, bands and grades all held steady.
- 2026-09-21 — No material change this week: the verdict, bands and grades all held steady.
- 2026-09-17 — No material change this week: the verdict, bands and grades all held steady.
Frequently asked questions
Is HBNC stock undervalued?
Based on TickrTrends' Forward Fair Value model (updated 2026-10-19), HBNC is trading at more than a 25% premium to estimated fair value and screens as overvalued. The exact fair value and discount are available to subscribers.
What is HBNC's TickrTrends verdict?
HBNC's current verdict is Overvalued, refreshed with every weekly Forward Fair Value run.
How does HBNC compare to other Financial Services stocks?
HBNC ranks #165 of 167 Financial Services stocks in TickrTrends' coverage by discount to fair value.
Is HBNC overbought or oversold?
HBNC's 14-day RSI is in neutral territory - neither overbought nor oversold.
Does HBNC pay a dividend?
Yes. HBNC paid $0.64 per share over the last twelve months (4 payments), a 3.29% yield on TickrTrends' last price. The last ex-dividend date was 2026-10-02.
Does HBNC usually beat earnings estimates?
Over its last 8 reported quarters HBNC beat the consensus estimate 7 times and missed 1 times, by TickrTrends' comparison of reported and estimated EPS.
What do analysts say about HBNC?
Of 5 analysts covering HBNC, 4 rate it a buy, 1 a hold and 0 a sell - buy-leaning, with a consensus price target of $23.1 (+18.7% versus TickrTrends' last price). This is the analyst consensus, not TickrTrends' Forward Fair Value verdict.
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