HarborOne Bancorp (HONE) Competitors

$10.26
+0.03 (+0.29%)
(As of 04/26/2024 08:52 PM ET)

HONE vs. WASH, CCBG, THFF, MCB, SPFI, FMNB, MCBC, HTBK, CATC, and CCNE

Should you be buying HarborOne Bancorp stock or one of its competitors? The main competitors of HarborOne Bancorp include Washington Trust Bancorp (WASH), Capital City Bank Group (CCBG), First Financial (THFF), Metropolitan Bank (MCB), South Plains Financial (SPFI), Farmers National Banc (FMNB), Macatawa Bank (MCBC), Heritage Commerce (HTBK), Cambridge Bancorp (CATC), and CNB Financial (CCNE). These companies are all part of the "state commercial banks" industry.

HarborOne Bancorp vs.

Washington Trust Bancorp (NASDAQ:WASH) and HarborOne Bancorp (NASDAQ:HONE) are both small-cap finance companies, but which is the better stock? We will compare the two businesses based on the strength of their analyst recommendations, community ranking, profitability, earnings, dividends, media sentiment, valuation, risk and institutional ownership.

Washington Trust Bancorp has a beta of 0.81, indicating that its share price is 19% less volatile than the S&P 500. Comparatively, HarborOne Bancorp has a beta of 0.74, indicating that its share price is 26% less volatile than the S&P 500.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Washington Trust Bancorp
1 Sell rating(s)
1 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.50
HarborOne Bancorp
0 Sell rating(s)
1 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00

Washington Trust Bancorp pays an annual dividend of $2.24 per share and has a dividend yield of 8.6%. HarborOne Bancorp pays an annual dividend of $0.32 per share and has a dividend yield of 3.1%. Washington Trust Bancorp pays out 82.7% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. HarborOne Bancorp pays out 86.5% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. HarborOne Bancorp has increased its dividend for 4 consecutive years. Washington Trust Bancorp is clearly the better dividend stock, given its higher yield and lower payout ratio.

Washington Trust Bancorp has a net margin of 12.01% compared to Washington Trust Bancorp's net margin of 5.38%. HarborOne Bancorp's return on equity of 10.18% beat Washington Trust Bancorp's return on equity.

Company Net Margins Return on Equity Return on Assets
Washington Trust Bancorp12.01% 10.18% 0.65%
HarborOne Bancorp 5.38%4.56%0.47%

HarborOne Bancorp received 77 more outperform votes than Washington Trust Bancorp when rated by MarketBeat users. Likewise, 62.41% of users gave HarborOne Bancorp an outperform vote while only 53.89% of users gave Washington Trust Bancorp an outperform vote.

CompanyUnderperformOutperform
Washington Trust BancorpOutperform Votes
187
53.89%
Underperform Votes
160
46.11%
HarborOne BancorpOutperform Votes
264
62.41%
Underperform Votes
159
37.59%

65.8% of Washington Trust Bancorp shares are owned by institutional investors. Comparatively, 65.0% of HarborOne Bancorp shares are owned by institutional investors. 1.7% of Washington Trust Bancorp shares are owned by insiders. Comparatively, 4.9% of HarborOne Bancorp shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

In the previous week, Washington Trust Bancorp had 20 more articles in the media than HarborOne Bancorp. MarketBeat recorded 25 mentions for Washington Trust Bancorp and 5 mentions for HarborOne Bancorp. Washington Trust Bancorp's average media sentiment score of 0.82 beat HarborOne Bancorp's score of 0.68 indicating that HarborOne Bancorp is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Washington Trust Bancorp
13 Very Positive mention(s)
3 Positive mention(s)
5 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
HarborOne Bancorp
1 Very Positive mention(s)
0 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Washington Trust Bancorp has higher earnings, but lower revenue than HarborOne Bancorp. Washington Trust Bancorp is trading at a lower price-to-earnings ratio than HarborOne Bancorp, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Washington Trust Bancorp$191.59M2.32$48.18M$2.719.65
HarborOne Bancorp$286.14M1.62$16.08M$0.3727.73

Summary

Washington Trust Bancorp beats HarborOne Bancorp on 11 of the 19 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding HONE and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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HONE vs. The Competition

MetricHarborOne BancorpState commercial banks IndustryFinance SectorNASDAQ Exchange
Market Cap$463.44M$2.24B$8.13B$7.58B
Dividend Yield3.12%4.30%446.34%3.94%
P/E Ratio27.7311.3858.4219.10
Price / Sales1.622.123,535.4887.46
Price / Cash10.888.3527.8035.27
Price / Book0.801.012.354.48
Net Income$16.08M$419.58M$976.17M$211.90M
7 Day Performance5.02%1.14%1.04%3.92%
1 Month Performance-3.75%-1.47%-1.26%-3.25%
1 Year Performance-4.56%11.02%9.92%7.21%

HarborOne Bancorp Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
WASH
Washington Trust Bancorp
2.8748 of 5 stars
$26.46
+2.8%
N/A-7.0%$450.61M$364.80M9.42665Analyst Upgrade
Analyst Revision
News Coverage
CCBG
Capital City Bank Group
4.7821 of 5 stars
$27.18
+0.3%
$34.67
+27.5%
-11.3%$460.51M$223.61M8.47970Short Interest ↓
THFF
First Financial
3.9888 of 5 stars
$37.21
+0.9%
$43.00
+15.6%
+6.7%$439.45M$271.10M7.31861News Coverage
Positive News
MCB
Metropolitan Bank
4.2298 of 5 stars
$42.69
+0.9%
$56.50
+32.3%
+31.3%$473.43M$403.31M7.02275
SPFI
South Plains Financial
4.4546 of 5 stars
$26.40
+1.1%
$29.67
+12.4%
+26.3%$433.75M$291.26M7.27547Ex-Dividend
Analyst Report
Short Interest ↓
News Coverage
FMNB
Farmers National Banc
3.3432 of 5 stars
$12.63
+1.4%
$15.33
+21.4%
+3.3%$474.26M$255.20M9.43666Positive News
MCBC
Macatawa Bank
1.2967 of 5 stars
$14.28
+0.1%
$11.75
-17.7%
+52.3%$490.66M$132.25M11.33287Dividend Announcement
Analyst Report
News Coverage
HTBK
Heritage Commerce
4.353 of 5 stars
$8.30
+2.0%
$10.75
+29.5%
-5.9%$498.61M$192.22M7.83349Dividend Announcement
Analyst Report
Short Interest ↑
News Coverage
Gap Down
CATC
Cambridge Bancorp
3.5959 of 5 stars
$63.71
+1.5%
$73.15
+14.8%
+24.5%$500.12M$260.26M14.68407Dividend Announcement
Short Interest ↓
News Coverage
Positive News
CCNE
CNB Financial
4.6354 of 5 stars
$19.25
+0.3%
$22.00
+14.3%
+1.7%$403.47M$218.14M8.09765

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This page (NASDAQ:HONE) was last updated on 4/29/2024 by MarketBeat.com Staff

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