Huntington Bancshares Trading Volume Plummets 37 Percent to 439th Rank
On April 8, 2025, Huntington BancsharesHBAN-- Inc. (HBAN) experienced a significant decline in trading volume, with a total of 2.93 billion shares traded, marking a 37.21% decrease from the previous day. This drop in volume placed HBANHBAN-- at the 439th position in terms of trading volume for the day. The stock price of HBAN also decreased by 1.73%.
Analysts anticipate that Huntington Bancshares will report an earnings per share (EPS) of $1.38 for fiscal 2025, reflecting an 11.3% increase from the $1.24 reported in fiscal 2024. This projection underscores the company's expected growth trajectory.
Huntington Bancshares is targeting a compound annual growth rate (CAGR) of 6.5-7.0% for total revenues, driven by various initiatives in both regional and national markets. This strategic focus aims to enhance the company's financial performance and market position.
Baird analysts have expressed optimism about Huntington Bancshares, believing the company is well-positioned to achieve above-average pre-provision net revenue (PPNR) growth in the coming years. This positive outlook is supported by the company's strong financial metrics, including a net margin of 16.23% and a return on equity of 11.23%.
Morgan Stanley analyst Manan Gosalia has lowered the firm's price target on Huntington Bancshares to $15 from $20, while maintaining an Overweight rating. This adjustment reflects the analyst's assessment of the company's current market conditions and future prospects.
Market Watch column provides a thorough analysis of stock market fluctuations and expert ratings.
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