Huntington Bancshares Incorporated Stock Price on May 3, 2024
| HBAN Stock | USD 13.92 0.23 1.63% |
Below is the normalized historical share price chart for Huntington Bancshares Incorporated extending back to November 05, 1984. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Huntington Bancshares stands at 13.92, as last reported on the 23rd of May, with the highest price reaching 14.12 and the lowest price hitting 13.90 during the day.
If you're considering investing in Huntington Stock, it is important to understand the factors that can impact its price. We consider Huntington Bancshares very steady. Huntington Bancshares holds Efficiency (Sharpe) Ratio of 0.11, which attests that the entity had a 0.11% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Huntington Bancshares, which you can use to evaluate the volatility of the firm. Please check out Huntington Bancshares' Downside Deviation of 1.2, market risk adjusted performance of 0.1298, and Risk Adjusted Performance of 0.075 to validate if the risk estimate we provide is consistent with the expected return of 0.15%.
At this time, Huntington Bancshares' Common Stock Shares Outstanding is very stable compared to the past year. As of the 23rd of May 2024, Total Stockholder Equity is likely to grow to about 20.3 B, while Common Stock Total Equity is likely to drop about 12 M. . At this time, Huntington Bancshares' Price Earnings Ratio is very stable compared to the past year. As of the 23rd of May 2024, Price Book Value Ratio is likely to grow to 1.68, while Price To Sales Ratio is likely to drop 2.18. Huntington Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 26th of March 1990 | 200 Day MA 12.0707 | 50 Day MA 13.621 | Beta 1.109 |
Huntington |
Sharpe Ratio = 0.1135
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Estimated Market Risk
| 1.33 actual daily | 11 89% of assets are more volatile |
Expected Return
| 0.15 actual daily | 2 98% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average Huntington Bancshares is performing at about 8% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Huntington Bancshares by adding it to a well-diversified portfolio.
Price Book 1.1434 | Price Sales 2.79 | Shares Float 1.4 B | Dividend Share 0.62 | Wall Street Target Price 15.58 |
Related Headline
CarMax Headline on 3rd of May 2024
Disposition of 642 shares by Shamim Mohammad of CarMax at 68... by Shamim Mohammad
Filed transaction by CarMax Inc Officer: Evp And Cito. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)
Huntington Bancshares Valuation on May 3, 2024
It is possible to determine the worth of Huntington Bancshares on a given historical date. On May 3, 2024 Huntington was worth 13.8 at the beginning of the trading date compared to the closed value of 13.8. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Huntington Bancshares stock. Still, in general, we apply an absolute valuation method to find Huntington Bancshares' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Huntington Bancshares where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Huntington Bancshares' related companies.
| Open | High | Low | Close | Volume | |
| 13.78 | 13.79 | 13.54 | 13.67 | 12,260,680 | |
05/03/2024 | 13.80 | 13.96 | 13.79 | 13.80 | 9,181,530 |
| 13.93 | 13.96 | 13.80 | 13.92 | 8,719,744 |
| Backtest Huntington Bancshares | | | Huntington Bancshares History | | | Huntington Bancshares Valuation | Previous | Next |
Huntington Bancshares Trading Date Momentum on May 3, 2024
| On May 06 2024 Huntington Bancshares Incorporated was traded for 13.92 at the closing time. The top price for the day was 13.96 and the lowest listed price was 13.80 . The trading volume for the day was 8.7 M. The trading history from May 6, 2024 was a factor to the next trading day price boost. The trading delta at closing time against the next closing price was 0.87% . The trading delta at closing time against the current closing price is 1.88% . |
Huntington Bancshares Fundamentals Correlations and Trends
By evaluating Huntington Bancshares' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Huntington Bancshares' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Huntington financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Huntington Bancshares Stock history
Huntington Bancshares investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Huntington is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Huntington Bancshares will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Huntington Bancshares stock prices may prove useful in developing a viable investing in Huntington Bancshares
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 1.5 B | 1.5 B | |
| Net Income Applicable To Common Shares | 2.4 B | 2.6 B |
Huntington Bancshares Stock Technical Analysis
Huntington Bancshares technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Huntington Bancshares Period Price Range
Low | May 3, 2024
| High |
13.80 | 13.80 |
Huntington Bancshares May 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Huntington Bancshares stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Huntington Bancshares shares will generate the highest return on investment. By undertsting and applying Huntington Bancshares stock market strength indicators, traders can identify Huntington Bancshares Incorporated entry and exit signals to maximize returns
| Accumulation Distribution | 111809.0 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 13.88 | |||
| Day Typical Price | 13.85 | |||
| Price Action Indicator | (0.07) | |||
| Period Momentum Indicator | 0.12 |
Huntington Bancshares Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Huntington Bancshares' price direction in advance. Along with the technical and fundamental analysis of Huntington Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Huntington to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.075 | |||
| Jensen Alpha | 0.0641 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.0669 | |||
| Treynor Ratio | 0.1198 |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Huntington Bancshares Incorporated. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the Huntington Bancshares information on this page should be used as a complementary analysis to other Huntington Bancshares' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Complementary Tools for Huntington Stock analysis
When running Huntington Bancshares' price analysis, check to measure Huntington Bancshares' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Huntington Bancshares is operating at the current time. Most of Huntington Bancshares' value examination focuses on studying past and present price action to predict the probability of Huntington Bancshares' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Huntington Bancshares' price. Additionally, you may evaluate how the addition of Huntington Bancshares to your portfolios can decrease your overall portfolio volatility.
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Is Huntington Bancshares' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Huntington Bancshares. If investors know Huntington will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Huntington Bancshares listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.33) | Dividend Share 0.62 | Earnings Share 1.11 | Revenue Per Share 4.666 | Quarterly Revenue Growth (0.10) |
The market value of Huntington Bancshares is measured differently than its book value, which is the value of Huntington that is recorded on the company's balance sheet. Investors also form their own opinion of Huntington Bancshares' value that differs from its market value or its book value, called intrinsic value, which is Huntington Bancshares' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Huntington Bancshares' market value can be influenced by many factors that don't directly affect Huntington Bancshares' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Huntington Bancshares' value and its price as these two are different measures arrived at by different means. Investors typically determine if Huntington Bancshares is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Huntington Bancshares' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.