Huntington Bancshares (NASDAQ:HBAN) Releases FY 2026 Earnings Guidance

Huntington Bancshares (NASDAQ:HBAN) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share guidance of 1.900-1.930 for the period, compared to the consensus earnings per share estimate of 1.610. The company issued revenue guidance of -.

Analysts Set New Price Targets

A number of brokerages have issued reports on HBAN. JPMorgan Chase & Co. raised their price objective on shares of Huntington Bancshares from $18.50 to $19.50 and gave the company an “overweight” rating in a research note on Monday, July 6th. Morgan Stanley boosted their price target on shares of Huntington Bancshares from $20.00 to $21.00 and gave the stock an “overweight” rating in a research report on Monday, June 29th. Piper Sandler upgraded Huntington Bancshares from a “strong sell” rating to a “hold” rating and set a $18.00 target price for the company in a research note on Thursday, April 23rd. Evercore reissued an “outperform” rating and set a $21.00 price target on shares of Huntington Bancshares in a report on Monday, July 6th. Finally, Barclays lowered Huntington Bancshares from a “hold” rating to a “strong sell” rating in a research note on Monday, April 20th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $20.25.

Huntington Bancshares Stock Down 5.2%

Huntington Bancshares stock traded down $0.95 during mid-day trading on Thursday, reaching $17.32. The stock had a trading volume of 20,641,810 shares, compared to its average volume of 27,467,402. The firm has a market capitalization of $35.10 billion, a PE ratio of 13.31, a price-to-earnings-growth ratio of 0.81 and a beta of 0.93. The stock’s 50-day simple moving average is $17.05 and its 200-day simple moving average is $16.93. Huntington Bancshares has a fifty-two week low of $14.89 and a fifty-two week high of $19.45. The company has a debt-to-equity ratio of 0.73, a quick ratio of 0.92 and a current ratio of 0.93.

Huntington Bancshares (NASDAQ:HBAN) last posted its earnings results on Thursday, July 23rd. The bank reported $0.39 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.39. Huntington Bancshares had a net margin of 16.63% and a return on equity of 11.42%. The firm had revenue of $2.85 billion during the quarter, compared to analyst estimates of $2.84 billion. During the same quarter in the prior year, the business posted $0.34 EPS. Huntington Bancshares has set its FY 2026 guidance at 1.900-1.930 EPS. On average, sell-side analysts forecast that Huntington Bancshares will post 1.62 EPS for the current fiscal year.

Insider Buying and Selling at Huntington Bancshares

In related news, EVP Marcy C. Hingst sold 10,568 shares of the business’s stock in a transaction dated Thursday, June 25th. The stock was sold at an average price of $18.00, for a total transaction of $190,224.00. Following the completion of the transaction, the executive vice president directly owned 267,859 shares in the company, valued at $4,821,462. The trade was a 3.80% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director James D. Rollins III sold 223,522 shares of Huntington Bancshares stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $17.35, for a total value of $3,878,106.70. Following the sale, the director directly owned 612,155 shares of the company’s stock, valued at approximately $10,620,889.25. This trade represents a 26.75% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have purchased 33,500 shares of company stock valued at $617,542 in the last three months. 0.67% of the stock is owned by corporate insiders.

Institutional Trading of Huntington Bancshares

Hedge funds have recently added to or reduced their stakes in the business. Palisade Asset Management LLC purchased a new stake in Huntington Bancshares during the third quarter valued at about $26,000. DV Equities LLC bought a new stake in Huntington Bancshares in the 4th quarter worth about $38,000. Intesa Sanpaolo Wealth Management bought a new position in Huntington Bancshares in the fourth quarter valued at about $65,000. MUFG Securities EMEA plc bought a new stake in shares of Huntington Bancshares during the 2nd quarter valued at $72,000. Finally, TCTC Holdings LLC bought a new position in shares of Huntington Bancshares in the fourth quarter worth about $101,000. 80.72% of the stock is owned by institutional investors.

Huntington Bancshares Company Profile

Huntington Bancshares Incorporated (NASDAQ: HBAN) is a bank holding company headquartered in Columbus, Ohio, that provides a broad range of banking and financial services through its principal subsidiary, Huntington National Bank. The company’s operations are centered on retail and commercial banking, and it serves individual consumers, small and middle-market businesses, and institutional customers.

Huntington’s product offerings include traditional deposit and lending products, consumer and commercial loans, mortgage origination and servicing, auto financing, and business banking solutions.