Several analysts have recently updated their ratings and price targets for Horizon Bancorp (IN) (NASDAQ: HBNC):
- 7/28/2026 – Horizon Bancorp (IN) was upgraded by Wall Street Zen from “hold” to “buy”.
- 7/24/2026 – Horizon Bancorp (IN) had its “neutral” rating reaffirmed by Piper Sandler. They now have a $23.00 price target on the stock, up from $21.00.
- 7/24/2026 – Horizon Bancorp (IN) had its price target raised by Keefe, Bruyette & Woods from $21.00 to $23.00. They now have an “outperform” rating on the stock.
- 7/21/2026 – Horizon Bancorp (IN) was downgraded by Weiss Ratings from “hold (c)” to “hold (c-)”.
- 7/20/2026 – Horizon Bancorp (IN) was downgraded by Wall Street Zen from “buy” to “hold”.
- 7/12/2026 – Horizon Bancorp (IN) was upgraded by Wall Street Zen from “hold” to “buy”.
- 7/6/2026 – Horizon Bancorp (IN) was upgraded by Weiss Ratings from “hold (c-)” to “hold (c)”.
- 7/1/2026 – Horizon Bancorp (IN) had its “overweight” rating reaffirmed by Stephens. They now have a $21.00 price target on the stock.
Horizon Bancorp (IN) Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Friday, July 17th. Investors of record on Friday, July 3rd were issued a dividend of $0.16 per share. This represents a $0.64 dividend on an annualized basis and a yield of 3.1%. The ex-dividend date of this dividend was Thursday, July 2nd. Horizon Bancorp (IN)’s dividend payout ratio (DPR) is presently -20.25%.
In addition to traditional deposit and loan products, Horizon Bancorp’s services encompass investment advisory and trust administration, retirement planning, and insurance products.
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