Hanover Bancorp (NASDAQ:HNVR - Get Free Report) is anticipated to release its earnings data before the market opens on Wednesday, April 16th. Analysts expect Hanover Bancorp to post earnings of $0.51 per share for the quarter.
Hanover Bancorp (NASDAQ:HNVR - Get Free Report) last issued its earnings results on Wednesday, January 29th. The company reported $0.52 earnings per share for the quarter, topping the consensus estimate of $0.49 by $0.03. Hanover Bancorp had a return on equity of 6.71% and a net margin of 8.32%. On average, analysts expect Hanover Bancorp to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.
Hanover Bancorp Stock Down 1.5 %
Shares of Hanover Bancorp stock traded down $0.30 during trading on Friday, hitting $19.16. 8,711 shares of the stock traded hands, compared to its average volume of 12,192. The stock has a market cap of $137.97 million, a P/E ratio of 11.54 and a beta of 0.11. The company has a fifty day moving average price of $22.92 and a two-hundred day moving average price of $22.55. Hanover Bancorp has a twelve month low of $13.62 and a twelve month high of $27.14. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.02 and a current ratio of 1.03.
Hanover Bancorp Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Wednesday, February 19th. Shareholders of record on Wednesday, February 12th were paid a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 2.09%. The ex-dividend date was Wednesday, February 12th. Hanover Bancorp's dividend payout ratio (DPR) is presently 24.10%.
Insider Transactions at Hanover Bancorp
In other Hanover Bancorp news, Director Robert Golden sold 2,272 shares of the firm's stock in a transaction dated Friday, January 31st. The stock was sold at an average price of $26.68, for a total transaction of $60,616.96. Following the transaction, the director now directly owns 30,420 shares in the company, valued at $811,605.60. This trade represents a 6.95 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders have sold a total of 7,533 shares of company stock worth $200,537 in the last 90 days. 24.76% of the stock is owned by insiders.
About Hanover Bancorp
(
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Hanover Bancorp, Inc, a bank holding company for Hanover Community Bank, provides personal and business lending and deposit services to businesses, municipalities, and individuals in the New York metro area. The company offers checking, credit cards, debit cards, money market, savings, government and municipal banking, and professional services, as well as time deposits, including certificate of deposit and individual retirement accounts.
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