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NASDAQ:HNVR

Hanover Bancorp (HNVR) Stock Price, News & Analysis

Hanover Bancorp logo
$21.78 -0.32 (-1.45%)
Closing price 04:00 PM Eastern
Extended Trading
$21.76 -0.02 (-0.07%)
As of 04:04 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

About Hanover Bancorp Stock (NASDAQ:HNVR)

Key Stats

Today's Range
$21.28
$22.04
50-Day Range
$20.86
$23.63
52-Week Range
$16.57
$27.14
Volume
9,097 shs
Average Volume
19,270 shs
Market Capitalization
$157.47 million
P/E Ratio
14.24
Dividend Yield
1.84%
Price Target
$25.00
Consensus Rating
Moderate Buy

Company Overview

Hanover Bancorp Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
72nd Percentile Overall Score

HNVR MarketRank™: 

Hanover Bancorp scored higher than 72% of companies evaluated by MarketBeat, and ranked 416th out of 938 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Hanover Bancorp has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.

  • Amount of Analyst Coverage

    Hanover Bancorp has only been the subject of 1 research reports in the past 90 days.

  • Read more about Hanover Bancorp's stock forecast and price target.
  • Earnings Growth

    Earnings for Hanover Bancorp are expected to grow by 22.27% in the coming year, from $2.38 to $2.91 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Hanover Bancorp is 14.24, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 26.91.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Hanover Bancorp is 14.24, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 19.06.

  • Price to Book Value per Share Ratio

    Hanover Bancorp has a P/B Ratio of 0.81. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    2.05% of the float of Hanover Bancorp has been sold short.
  • Short Interest Ratio / Days to Cover

    Hanover Bancorp has a short interest ratio ("days to cover") of 5.4.
  • Change versus previous month

    Short interest in Hanover Bancorp has recently increased by 176.35%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Hanover Bancorp pays a meaningful dividend of 1.77%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Hanover Bancorp does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Hanover Bancorp is 30.53%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Hanover Bancorp will have a dividend payout ratio of 13.75% next year. This indicates that Hanover Bancorp will be able to sustain or increase its dividend.

  • Read more about Hanover Bancorp's dividend.
  • Percentage of Shares Shorted

    2.05% of the float of Hanover Bancorp has been sold short.
  • Short Interest Ratio / Days to Cover

    Hanover Bancorp has a short interest ratio ("days to cover") of 5.4.
  • Change versus previous month

    Short interest in Hanover Bancorp has recently increased by 176.35%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    Hanover Bancorp has a news sentiment score of -0.18. 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 0.97 average news sentiment score of Finance companies.
  • News Coverage This Week

    MarketBeat has tracked 8 news articles for Hanover Bancorp this week, compared to 1 article on an average week.
  • Insider Buying vs. Insider Selling

    In the past three months, Hanover Bancorp insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $124,658.00 in company stock.

  • Percentage Held by Insiders

    24.76% of the stock of Hanover Bancorp is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    Only 15.02% of the stock of Hanover Bancorp is held by institutions.

  • Read more about Hanover Bancorp's insider trading history.
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HNVR Stock News Headlines

INVESTOR ALERT: Tiny “$3 AI Wonder Stock” on the Verge of Blasting Off
Right now, we’re witnessing a monumental shift in the world.
Hanover Bancorp reports Q1 adjusted EPS 55c vs 55c last year
Hanover Bancorp announces core banking system conversion
See More Headlines

HNVR Stock Analysis - Frequently Asked Questions

Hanover Bancorp's stock was trading at $23.06 at the beginning of 2025. Since then, HNVR shares have decreased by 5.6% and is now trading at $21.78.

Hanover Bancorp, Inc. (NASDAQ:HNVR) released its earnings results on Wednesday, July, 23rd. The company reported $0.33 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.57 by $0.24. The company earned $18.36 million during the quarter, compared to analyst estimates of $19.30 million. Hanover Bancorp had a net margin of 7.73% and a trailing twelve-month return on equity of 7.44%.

Hanover Bancorp (HNVR) raised $30 million in an IPO on Wednesday, May 11th 2022. The company issued 1,363,636 shares at a price of $21.00-$23.00 per share.

Shares of HNVR 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.

Based on aggregate information from My MarketBeat watchlists, some other companies that Hanover Bancorp investors own include Broadcom (AVGO), NVIDIA (NVDA), Arista Networks (ANET), Meta Platforms (META), Adobe (ADBE), GE Aerospace (GE) and Jabil (JBL).

Company Calendar

Record date for 5/14 Dividend
5/07/2025
Ex-Dividend for 5/14 Dividend
5/07/2025
Dividend Payable
5/14/2025
Last Earnings
7/23/2025
Today
7/25/2025
Record date for 8/13 Dividend
8/06/2025
Ex-Dividend for 8/13 Dividend
8/06/2025
Dividend Payable
8/13/2025
Fiscal Year End
12/31/2025

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Sector
Finance
Industry
BANKS - NORTHEAST
Sub-Industry
Banking
Current Symbol
NASDAQ:HNVR
CIK
1828588
Fax
N/A
Employees
160
Year Founded
N/A

Price Target and Rating

High Price Target
$25.00
Low Price Target
$25.00
Potential Upside/Downside
+14.8%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

EPS (Trailing Twelve Months)
$1.31
Trailing P/E Ratio
14.24
Forward P/E Ratio
9.15
P/E Growth
N/A
Net Income
$12.35 million
Net Margins
7.73%
Pretax Margin
8.55%
Return on Equity
7.44%
Return on Assets
0.61%

Debt

Debt-to-Equity Ratio
0.13
Current Ratio
1.04
Quick Ratio
1.03

Sales & Book Value

Annual Sales
$148.36 million
Price / Sales
1.06
Cash Flow
$2.20 per share
Price / Cash Flow
9.91
Book Value
$26.79 per share
Price / Book
0.81

Miscellaneous

Outstanding Shares
7,230,000
Free Float
5,439,000
Market Cap
$157.47 million
Optionable
Not Optionable
Beta
0.07
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This page (NASDAQ:HNVR) was last updated on 7/25/2025 by MarketBeat.com Staff
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