Should I buy or sell HDFC Bank stock right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for HDFC Bank in the last twelve months. There are currently 1 buy rating and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "strong buy" HDB shares. View HDB analyst ratings or view top-rated stocks .

How have HDB shares performed in 2024?

HDFC Bank's stock was trading at $67.11 at the beginning of the year. Since then, HDB stock has decreased by 20.1% and is now trading at $53.61. View the best growth stocks for 2024 here .

Are investors shorting HDFC Bank?

HDFC Bank saw a decline in short interest during the month of January. As of January 15th, there was short interest totaling 5,200,000 shares, a decline of 8.8% from the December 31st total of 5,700,000 shares. Based on an average trading volume of 2,800,000 shares, the short-interest ratio is currently 1.9 days. View HDFC Bank's Short Interest .

When is HDFC Bank's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, April 15th 2024. View our HDB earnings forecast .

How were HDFC Bank's earnings last quarter?

HDFC Bank Limited (NYSE:HDB) announced its quarterly earnings data on Sunday, July, 18th. The bank reported $0.58 EPS for the quarter, topping analysts' consensus estimates of $0.56 by $0.02. The bank had revenue of $3.35 billion for the quarter. HDFC Bank had a net margin of 17.34% and a trailing twelve-month return on equity of 15.98%.

How often does HDFC Bank pay dividends? What is the dividend yield for HDFC Bank?

HDFC Bank declared an annual dividend on Monday, April 17th. Investors of record on Monday, May 15th will be paid a dividend of $0.5935 per share on Friday, May 12th. This represents a dividend yield of 0.9%. The ex-dividend date is Friday, May 12th. This is an increase from the stock's previous annual dividend of $0.58. Read our dividend analysis for HDB .

Is HDFC Bank a good dividend stock?

HDFC Bank (NYSE:HDB) pays an annual dividend of $0.58 per share and currently has a dividend yield of 1.04%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 17.90%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HDB will have a dividend payout ratio of 19.08% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for HDB .

What ETFs hold HDFC Bank's stock?

ETFs with the largest weight of HDFC Bank (NYSE:HDB) stock in their portfolio include Harbor International Compounders ETF (OSEA) , Emerge EMPWR Sustainable Emerging Markets Equity ETF (EMCH) , Matthews Emerging Markets ex China Active ETF (MEMX) , Global X Emerging Markets Great Consumer ETF (EMC) , OneAscent Emerging Markets ETF (OAEM) , Global X Emerging Markets ETF (EMM) , Motley Fool Global Opportunities ETF (TMFG) and Emerge EMPWR Sustainable Global Core Equity ETF (EMZA) .

What is Sashidhar Jagdishan's approval rating as HDFC Bank's CEO?

28 employees have rated HDFC Bank Chief Executive Officer Sashidhar Jagdishan on Glassdoor.com . Sashidhar Jagdishan has an approval rating of 88% among the company's employees.

What other stocks do shareholders of HDFC Bank own?

Based on aggregate information from My MarketBeat watchlists, some companies that other HDFC Bank investors own include Alibaba Group (BABA) , Tata Motors (TTM) , NVIDIA (NVDA) , Walt Disney (DIS) , Micron Technology (MU) , Netflix (NFLX) , Tesla (TSLA) , Visa (V) , PayPal (PYPL) and Infosys (INFY) .

Who are HDFC Bank's major shareholders?

HDFC Bank's stock is owned by many different institutional and retail investors. Top institutional shareholders include Baillie Gifford & Co. (0.52%), Fiera Capital Corp (0.42%), Impax Asset Management Group plc (0.31%), Fisher Asset Management LLC (0.23%), C WorldWide Group Holding A S (0.20%) and Massachusetts Financial Services Co. MA (0.17%).

How do I buy shares of HDFC Bank?

Shares of HDB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

Followed 113 TimesTop Followed

NYSE:HDB

HDFC Bank (HDB) Stock Price, News & Analysis

$53.61

-2.02 (-3.63%)

(As of 02/8/2024 ET)

Compare

Today's Range: $53.52
▼
$54.95
50-Day Range: $53.96
▼
$67.23
52-Week Range: $53.47
▼
$71.39

Volume: 4.54 million shs
Average Volume: 4.67 million shs
Market Capitalization: $99.71 billion

P/E Ratio: 16.55
Dividend Yield: 1.08%
Price Target: N/A

Get HDFC Bank alerts:

HDFC Bank MarketRank™ Stock Analysis

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
0.28% of Shares Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.37
Based on 16 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 10.55%
From $2.75 to $3.04 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.21 out of 5 stars

Finance Sector

467th out of 842 stocks

Commercial Banks, Not Elsewhere Classified Industry

15th out of 28 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for HDFC Bank.

5.0

Short Interest

Percentage of Shares Shorted
0.28% of the outstanding shares of HDFC Bank have been sold short.
Short Interest Ratio / Days to Cover
HDFC Bank has a short interest ratio ("days to cover") of 1.9, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in HDFC Bank has recently decreased by 8.77%, indicating that investor sentiment is improving significantly.

2.5

Dividend Strength

Dividend Yield
HDFC Bank pays a meaningful dividend of 1.04%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
HDFC Bank has only been increasing its dividend for 2 years.
Dividend Coverage
The dividend payout ratio of HDFC Bank is 17.90%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, HDFC Bank will have a dividend payout ratio of 19.08% next year. This indicates that HDFC Bank will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for HDB.

2.4

News and Social Media Coverage

News Sentiment
HDFC Bank has a news sentiment score of 0.37. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.59 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 16 news articles for HDFC Bank this week, compared to 7 articles on an average week.
Search Interest
Only 6 people have searched for HDB on MarketBeat in the last 30 days. This is a decrease of -14% compared to the previous 30 days.
MarketBeat Follows
113 people have added HDFC Bank to their MarketBeat watchlist in the last 30 days. This is an increase of 22% compared to the previous 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, HDFC Bank insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 1.00% of the stock of HDFC Bank is held by insiders.
Percentage Held by Institutions
Only 17.24% of the stock of HDFC Bank is held by institutions.

2.5

Earnings and Valuation

Earnings Growth
Earnings for HDFC Bank are expected to grow by 10.55% in the coming year, from $2.75 to $3.04 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of HDFC Bank is 16.55, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.64.
Price to Earnings Ratio vs. Sector
The P/E ratio of HDFC Bank is 16.55, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 50.38.
Price to Earnings Growth Ratio
HDFC Bank has a PEG Ratio of 1.43. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
HDFC Bank has a P/B Ratio of 1.84. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About HDFC Bank Stock (NYSE:HDB)

HDFC Bank Limited provides banking and financial services to individuals and businesses in India, Bahrain, Hong Kong, and Dubai. The company operates in three segments: Wholesale Banking, Retail Banking, and Treasury Services. It accepts savings, salary, current, rural, public provident fund, pension, and demat accounts; fixed and recurring deposits; and safe deposit lockers, as well as offshore accounts and deposits, and overdrafts against fixed deposits. The company also provides personal, home, car, two-wheeler, business, doctor, educational, gold, consumer, and rural loans; loans against properties, securities, fixed deposits, rental receivables, and assets; loans for professionals; government sponsored programs; and loans on credit card, as well as working capital and commercial/construction equipment finance, healthcare/medical equipment and commercial vehicle finance, dealer finance, and term loans. In addition, it offers credit, debit, prepaid, and forex cards; payment and collection, export, import, remittance, bank guarantee, letter of credit, trade, hedging, and merchant and cash management services; insurance and investment products. Further, the company provides short term finance, bill discounting, structured finance, export credit, loan repayment, and documents collection services; online and wholesale, mobile, and phone banking services; unified payment interface, immediate payment, national electronic funds transfer, and real time gross settlement services; and channel financing, vendor financing, reimbursement account, money market, derivatives, employee trusts, cash surplus corporates, tax payment, and bankers to rights/public issue services, as well as financial solutions for supply chain partners and agricultural customers. It operates branches and automated teller machines in various cities/towns. The company was incorporated in 1994 and is headquartered in Mumbai, India.

HDB Stock Price History

30 days | 90 days | 365 days | Advanced Chart

HDB Stock News Headlines

February 8, 2024 | msn.com

HDFC Bank gets RBI nod to hike stake in six banks

February 7, 2024 | msn.com

HDFC Bank raises loan interest rates; check all the details here

February 8, 2024 | Stansberry Research (Ad)

A sudden and dramatic change is coming to US bank accounts.

The financial elite (and US government) has a major change planned. It could strange new changes applied to your bank, overnight.

February 7, 2024 | msn.com

HDFC Bank expands SME payment solutions; rolls out 4 credit cards

February 7, 2024 | msn.com

HDFC Bank Group gets RBI approval to raise stake in 6 banks

February 7, 2024 | msn.com

HDFC Bank raises $700mn from two international bond issues via Gift City IFSC

February 7, 2024 | sg.finance.yahoo.com

India's HDFC Bank raises $300 million via maiden sustainable finance bond issue

February 6, 2024 | msn.com

HDFC Bank Group Receives RBI Nod To Acquire 9.5% Share Each In 6 Banks

February 8, 2024 | The Oxford Club (Ad)

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The best way to profit from energy is NOT a stock...Rather, it's this little-known alternative investment.

February 6, 2024 | msn.com

HDFC Bank Talking To Paytm; Waiting And Watching As Events Unfold: Executive

February 6, 2024 | msn.com

HDFC Bank Talking To Paytm As The Fintech Faces RBI's Heat

February 5, 2024 | sg.news.yahoo.com

India's HDFC Bank gets cenbank nod to buy 9.5% stake in IndusInd Bank

February 5, 2024 | reuters.com

India's HDFC Bank appoints bankers for likely dollar bond issue -bankers

February 4, 2024 | msn.com

After LIC, HDFC Bank + ICICI Bank form ONE company to enter RMBS market - What is it all about?

January 24, 2024 | markets.businessinsider.com

Analysts Offer Insights on Financial Companies: Hdfc Bank (HDB) and BlackRock (BLK)

January 19, 2024 | ca.finance.yahoo.com

HDB Apr 2024 30.000 put

January 18, 2024 | msn.com

HDFC Bank shares fall over 11% in two days

January 18, 2024 | marketwatch.com

HDFC Bank’s stock bounces, after suffering worst 2-day selloff in 4 years

January 18, 2024 | finance.yahoo.com

HDFC Bank Limited (NYSE:HDB) Q3 2024 Earnings Call Transcript

January 17, 2024 | msn.com

HDFC Bank's Subsidiary To Bring IPO Soon? Here's What CEO Sashidhar Jagdishan Said

January 16, 2024 | bloomberg.com

HDFC Bank’s Shares Tumble After Results Signal Slowdown

January 16, 2024 | msn.com

HDFC Bank posts Rs 17,258 cr net profit for Q3; sets aside Rs 1,200 cr on AIF exposure

January 16, 2024 | sg.news.yahoo.com

India's HDFC Bank beats Q3 profit forecast, plans listing consumer finance unit

January 16, 2024 | bloomberg.com

HDFC Bank Posts Quarterly Profit That Tops Analysts’ Estimates

January 12, 2024 | reuters.com

India's HDFC Life posts Q3 profit rise on higher investment income

January 11, 2024 | msn.com

HDFC Bank to roll out revamped app in 4 months; To enhance customer experience, security

January 9, 2024 | finance.yahoo.com

Should You Consider Adding HDFC Bank Limited (HDB) to Your Portfolio?

See More Headlines

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Company Calendar

Last Earnings: 7/18/2021
Today: 2/08/2024
Fiscal Year End: 3/31/2024
Next Earnings (Estimated): 4/15/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Finance
Industry: Commercial banks, not elsewhere classified
Sub-Industry: N/A
Current Symbol: NYSE:HDB
CUSIP: N/A
CIK: 1144967
Web: www.hdfcbank.com
Phone: 912266521000
Fax: 91-22-2496-0737
Employees: 173,222
Year Founded: 1994

Profitability

EPS (Most Recent Fiscal Year): $3.24
Trailing P/E Ratio: 16.87
Forward P/E Ratio: 19.88
P/E Growth: 1.43
Net Income: $6.03 billion
Net Margins: 17.34%
Pretax Margin: 23.22%
Return on Equity: 15.98%
Return on Assets: 1.84%

Debt

Debt-to-Equity Ratio: 1.78
Current Ratio: 0.52
Quick Ratio: 0.52

Sales & Book Value

Annual Sales: $25.50 billion
Price / Sales: 3.99
Cash Flow: $3.24 per share
Price / Cash Flow: 16.87
Book Value: $29.06 per share
Price / Book: 1.88

Miscellaneous

Outstanding Shares: 1,859,910,000
Free Float: 1,841,315,000
Market Cap: $101.68 billion
Optionable: Optionable
Beta: 0.89

Social Links

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Key Executives

Mr. Sashidhar Jagdishan (Age 59)
MD, CEO & Director
Comp: $1.27M
Mr. Kaizad Maneck Bharucha (Age 59)
Deputy MD & Director
Comp: $1.21M
Mr. Srinivasan Vaidyanathan (Age 60)
Chief Financial Officer
Comp: $363.27k
Mr. Bhavesh Chandulal Zaveri (Age 58)
Group Head of Operations, ATM, Cash Management Product & Executive Director
Mr. Rakesh K. Singh (Age 54)
Group Head of Investment Banking, Private Banking, Marketing & Products
Mr. Ramesh Lakshminarayanan (Age 53)
Chief Information Officer & Group Head of IT
Ms. Ashima Khanna Bhat (Age 53)
Group Head of Business Finance & Strategy, Administration, Infrastructure, ESG & CSR
Mr. Ajit Subhas Shetty
Investor Relations Officer
Mr. Santosh G. Haldankar
Senior VP of Legal & Company Secretary
Mr. Rakesh Kumar Rajput
Chief Compliance Officer

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

HDB Stock Analysis - Frequently Asked Questions

Should I buy or sell HDFC Bank stock right now?: 2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for HDFC Bank in the last twelve months. There are currently 1 buy rating and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "strong buy" HDB shares.
View HDB analyst ratings or view top-rated stocks.
How have HDB shares performed in 2024?: HDFC Bank's stock was trading at $67.11 at the beginning of the year. Since then, HDB stock has decreased by 20.1% and is now trading at $53.61.
View the best growth stocks for 2024 here.
Are investors shorting HDFC Bank?: HDFC Bank saw a decline in short interest during the month of January. As of January 15th, there was short interest totaling 5,200,000 shares, a decline of 8.8% from the December 31st total of 5,700,000 shares. Based on an average trading volume of 2,800,000 shares, the short-interest ratio is currently 1.9 days.
View HDFC Bank's Short Interest.
When is HDFC Bank's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, April 15th 2024.
View our HDB earnings forecast.
How were HDFC Bank's earnings last quarter?: HDFC Bank Limited (NYSE:HDB) announced its quarterly earnings data on Sunday, July, 18th. The bank reported $0.58 EPS for the quarter, topping analysts' consensus estimates of $0.56 by $0.02. The bank had revenue of $3.35 billion for the quarter. HDFC Bank had a net margin of 17.34% and a trailing twelve-month return on equity of 15.98%.
How often does HDFC Bank pay dividends? What is the dividend yield for HDFC Bank?: HDFC Bank declared an annual dividend on Monday, April 17th. Investors of record on Monday, May 15th will be paid a dividend of $0.5935 per share on Friday, May 12th. This represents a dividend yield of 0.9%. The ex-dividend date is Friday, May 12th. This is an increase from the stock's previous annual dividend of $0.58.
Read our dividend analysis for HDB.

Is HDFC Bank a good dividend stock?: HDFC Bank (NYSE:HDB) pays an annual dividend of $0.58 per share and currently has a dividend yield of 1.04%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 17.90%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HDB will have a dividend payout ratio of 19.08% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for HDB.
What ETFs hold HDFC Bank's stock?: ETFs with the largest weight of HDFC Bank (NYSE:HDB) stock in their portfolio include Harbor International Compounders ETF (OSEA), Emerge EMPWR Sustainable Emerging Markets Equity ETF (EMCH), Matthews Emerging Markets ex China Active ETF (MEMX), Global X Emerging Markets Great Consumer ETF (EMC), OneAscent Emerging Markets ETF (OAEM), Global X Emerging Markets ETF (EMM), Motley Fool Global Opportunities ETF (TMFG) and Emerge EMPWR Sustainable Global Core Equity ETF (EMZA).
What is Sashidhar Jagdishan's approval rating as HDFC Bank's CEO?: 28 employees have rated HDFC Bank Chief Executive Officer Sashidhar Jagdishan on Glassdoor.com. Sashidhar Jagdishan has an approval rating of 88% among the company's employees.
What other stocks do shareholders of HDFC Bank own?: Based on aggregate information from My MarketBeat watchlists, some companies that other HDFC Bank investors own include Alibaba Group (BABA), Tata Motors (TTM), NVIDIA (NVDA), Walt Disney (DIS), Micron Technology (MU), Netflix (NFLX), Tesla (TSLA), Visa (V), PayPal (PYPL) and Infosys (INFY).
Who are HDFC Bank's major shareholders?: HDFC Bank's stock is owned by many different institutional and retail investors. Top institutional shareholders include Baillie Gifford & Co. (0.52%), Fiera Capital Corp (0.42%), Impax Asset Management Group plc (0.31%), Fisher Asset Management LLC (0.23%), C WorldWide Group Holding A S (0.20%) and Massachusetts Financial Services Co. MA (0.17%).
How do I buy shares of HDFC Bank?: Shares of HDB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:HDB) was last updated on 2/8/2024 by MarketBeat.com Staff

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HDFC Bank (HDB) Stock Price, News & Analysis

HDFC Bank MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About HDFC Bank Stock (NYSE:HDB)

HDB Stock Price History

HDB Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Institutional Ownership

HDB Stock Analysis - Frequently Asked Questions

Overall MarketRank^™