HBNCFinancial Services · Banks - RegionalThe 5 Wall Street analysts covering Horizon Bancorp, Inc. (Indiana) hold a median 12-month price target of $24 — +15.9% from the last close. Ticker Nerd's systematic factor model, run across ~4,600 US stocks, ranks it 92 of 100 as at 31 Oct 2026 — among the strongest tenth. Here, the model and the Street point the same way.
Consensus tells you what everyone already believes. The model scores Horizon Bancorp, Inc. (Indiana) on its factor families — the same systematic rank behind the Ticker Nerd portfolio.
Percentile across ~4,600 US stocks on Ticker Nerd’s systematic factor model. Higher is better. How the model is built and tested
Growth (100): Sales and profits are climbing, and climbing faster than before.
Volatility (23): The share price moves around a lot.
Built and run by Aslam Ghouse, an ex-Goldman Sachs systematic trader with 15+ years in markets.
The bullish and bearish analyst opinions on HBNC, reported as data — targets and ratings, the market's view beside the model's.
Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.
Data provided by Twelve Data
The green dot is the last close — the median target sits +15.9% from it.
Of the 20 most recent actions, 5 moved their price target up and 0 moved it down.
| Date | Firm | Action | Rating | Target |
|---|---|---|---|---|
| 26 Oct 2026 | Stephens & Co. | Maintains | Overweight | $23 → $24 |
| 23 Oct 2026 | Piper Sandler | Maintains | Overweight | $24 → $25 |
| 2 Oct 2026 | Piper Sandler | Upgrade | Overweight | $23 → $24 |
| 2 Oct 2026 | Piper Sandler | Upgrade | Overweight | — |
| 24 July 2026 | Keefe, Bruyette & Woods | Maintains | Outperform | — |
| 24 July 2026 | Keefe, Bruyette & Woods | Maintains | Outperform | $21 → $23 |
| 24 July 2026 | Piper Sandler | Maintains | Neutral | $21 → $23 |
| 24 July 2026 | Piper Sandler | Maintains | Neutral | — |
| 1 July 2026 | Stephens & Co. | Reiterates | Overweight | — |
| 1 July 2026 | Stephens & Co. | Reiterates | Overweight | $21 |
| 27 Apr 2026 | Piper Sandler | Maintains | Neutral | — |
| 27 Mar 2026 | Stephens & Co. | Assumes | Overweight | $20 |
| 23 Jan 2026 | Keefe, Bruyette & Woods | Maintains | Outperform | — |
| 2 Sept 2025 | Stephens & Co. | Maintains | Overweight | — |
| 26 Aug 2025 | Keefe, Bruyette & Woods | Upgrade | Outperform | — |
| 28 July 2025 | Piper Sandler | Maintains | Neutral | — |
| 25 July 2025 | Keefe, Bruyette & Woods | Maintains | Market Perform | — |
| 28 Apr 2025 | Piper Sandler | Maintains | Neutral | — |
| 25 Apr 2025 | Keefe, Bruyette & Woods | Maintains | Market Perform | — |
| 27 Jan 2025 | Piper Sandler | Maintains | Neutral | — |
Price targets and ratings are third-party analyst estimates, reported here as data. They are not Ticker Nerd forecasts, and they are frequently wrong.
HBNC appears in the Radar on the weeks it earns a place.
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Both lines are total return — dividends reinvested — so the comparison is honest on both sides.
Over the twelve months to 30 Oct 2026, Horizon Bancorp, Inc. (Indiana) returned +36.6% against +12.4% for the S&P 500, dividends included.
Download this chart as an image — free to reuse; link this page as the source.
Data provided by Twelve Data
Not the forecast itself — the direction analysts are revising it. Revision direction is one of the model's factor families.
A margin means little on its own. Each bar marks where the figure sits across the whole US universe we score.
Cheaper than 60% of US stocks
Cheaper than 33% of US stocks
Cheaper than 54% of US stocks
Higher than 33% of US stocks
Higher than 53% of US stocks
Higher than 95% of US stocks
Higher than 93% of US stocks
Higher than 75% of US stocks
Higher than 56% of US stocks
Higher than 87% of US dividend payers
Bars mark the percentile across the ~4,600 US stocks Ticker Nerd covers, among those reporting the figure.
The headline figures, each with its date. Every row carries its own link — cite it straight from here.
Horizon Bancorp, Inc. (Indiana) has a market value of $1.1B and an enterprise value of $1.2B.
Revenue in the twelve months to 30 June 2026: −$18.1M. The latest quarter grew 2.5% year on year.
Net income over the same four quarters: −$144.0M, a 796.5% net margin.
Diluted earnings per share, trailing twelve months: $−3.16.
Free cash flow in the twelve months to 30 June 2026: $94.1M.
Horizon Bancorp, Inc. (Indiana) spent $31.7M on dividends in the twelve months to 30 June 2026.
Trailing P/E: 9.2×; forward P/E: 9.2× — the forward figure prices analyst consensus estimates, not reported earnings.
Forward dividend yield: 3.09%, paying out 55% of earnings.
Horizon Bancorp, Inc. (Indiana) employs 465 people — −$39K of revenue per employee.
Data provided by Twelve Data
The nearest names by industry and size, scored by the same model — like for like.
Look up any of the roughly 4,600 stocks we score.
The rank is the raw material. Whether the rules would actually own Horizon Bancorp, Inc. (Indiana) — and when they’d sell — is the membership. See the Ticker Nerd 20 →
Seeking Alpha described Horizon Bancorp’s Q3 2026 results as strong, citing net income of $28.7 million ($0.56 per share), profitability metrics, a 4.37% net interest margin, and stable asset quality.
Why it matters — HBNC watchers may note the reported earnings beat and the cited profitability and asset-quality measures.
Horizon Bancorp held a conference call on October 22, 2026, to discuss its third-quarter 2026 financial results. The excerpt lists company executives and participating analysts but provides no details about the results.
Why it matters — The call concerns HBNC’s third-quarter results, but this excerpt does not include financial performance details.
Horizon Bancorp said its third quarter of 2026 was productive, citing mid-single-digit annualized loan and deposit growth, stable net interest margin, expanding capital levels, and continued strength in fee-generating businesses.
Why it matters — These management remarks highlight the operating trends and business areas HBNC watchers may track.
Zacks says Horizon Bancorp’s revenue and EPS provide a view of its performance for the quarter ended September 2026, and points readers to compare key metrics with Wall Street estimates and year-ago figures.
Why it matters — Those comparisons offer HBNC watchers additional context for assessing the quarter’s results.
Horizon Bancorp reported quarterly earnings of $0.56 per share, above the Zacks Consensus Estimate of $0.53. Earnings were $0.30 per share in the year-ago quarter.
Why it matters — The results show HBNC exceeded the cited earnings estimate and had higher per-share earnings than a year earlier.
The 5 Wall Street analysts covering Horizon Bancorp, Inc. (Indiana) have a median 12-month price target of $24, with estimates ranging from $23 to $25. These are third-party analyst estimates, not Ticker Nerd forecasts, and they are frequently wrong.
Of the 5 analysts covering Horizon Bancorp, Inc. (Indiana), 5 rate it a Buy, 0 a Hold and 0 a Sell. Ticker Nerd's systematic factor model ranks Horizon Bancorp, Inc. (Indiana) 92 out of 100 across roughly 4,600 US stocks as at 31 Oct 2026. None of this is personal advice — it does not consider your circumstances.
As at 31 Oct 2026, Horizon Bancorp, Inc. (Indiana) ranks 92 out of 100 on Ticker Nerd's systematic factor model — a percentile across roughly 4,600 US stocks, built from its factor families. Its strongest factor family is Growth (100 of 100).
No one can know that. What the data says: the median 12-month target from 5 analysts implies +15.9% from the last close, and Ticker Nerd's factor model ranks Horizon Bancorp, Inc. (Indiana) 92 out of 100 as at 31 Oct 2026. Analyst targets are third-party estimates and frequently wrong; none of this is personal advice.
No analyst covering Horizon Bancorp, Inc. (Indiana) publishes a 2030 price target — Wall Street targets run 12 to 18 months out. Sites quoting a 2030 price for HBNC are extrapolating price history, which says nothing about the business. The furthest attributed numbers are the current analyst targets: $23 to $25 over the next 12 months.
Horizon Bancorp, Inc. (Indiana) returned +36.6% over the 12 months to 30 Oct 2026, with dividends reinvested. Past performance does not indicate future returns.
Horizon Bancorp, Inc. is a bank holding company that operates through Horizon Bank, serving commercial and retail customers in Midwestern markets.
The most recent item we track (Seeking Alpha, 29 Oct 2026): "Reason For Optimism Remains At Horizon Bancorp". Seeking Alpha described Horizon Bancorp’s Q3 2026 results as strong, citing net income of $28.7 million ($0.56 per share), profitability metrics, a 4.37% net interest margin, and stable asset quality.
Horizon Bancorp, Inc. is a bank holding company that operates through Horizon Bank, serving commercial and retail customers in Midwestern markets. The company provides a broad range of financial services, including personal and business banking, commercial lending, residential real estate lending, mortgage warehouse lending, consumer credit, deposit products, trust and agency services, investment management, treasury management, wealth management, retirement plans, and insurance products. Its business is delivered through branch locations in Indiana and Michigan, supported by digital and virtual banking tools that extend access for individual and corporate clients. Horizon Bancorp, Inc. focuses on community banking relationships and serves customers across multiple industries through its commercial banking platform. Founded in 1873 and headquartered in Michigan City, Indiana, Horizon Bancorp, Inc. plays a regional role in U.S. banking by combining traditional branch-based services with modern digital channels.
CEO Mr. Thomas M. Prame · 465 employees · United States · https://www.horizonbank.com
