HarborOne Bancorp (HONE) to Release Earnings on Thursday

HarborOne Bancorp (NASDAQ:HONE - Get Free Report) will likely be posting its Q2 2025 quarterly earnings results before the market opens on Thursday, July 24th. Analysts expect HarborOne Bancorp to post earnings of $0.19 per share and revenue of $32.39 million for the quarter.

HarborOne Bancorp (NASDAQ:HONE - Get Free Report) last issued its earnings results on Thursday, April 24th. The financial services provider reported $0.14 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.17 by ($0.03). HarborOne Bancorp had a return on equity of 4.33% and a net margin of 8.13%. The firm had revenue of $41.36 million during the quarter, compared to analysts' expectations of $36.01 million. On average, analysts expect HarborOne Bancorp to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

HarborOne Bancorp Stock Performance

Shares of HONE traded up $0.21 during mid-day trading on Thursday, hitting $12.18. 298,118 shares of the company traded hands, compared to its average volume of 235,440. The stock has a market cap of $524.71 million, a price-to-earnings ratio of 19.33 and a beta of 0.59. The stock has a 50-day moving average price of $11.60 and a two-hundred day moving average price of $11.25. HarborOne Bancorp has a 1 year low of $8.89 and a 1 year high of $14.00.

HarborOne Bancorp Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 23rd. Investors of record on Wednesday, July 9th will be given a dividend of $0.09 per share. This represents a $0.36 dividend on an annualized basis and a yield of 2.96%. The ex-dividend date is Wednesday, July 9th. This is a boost from HarborOne Bancorp's previous quarterly dividend of $0.01. HarborOne Bancorp's dividend payout ratio is 57.14%.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on HONE shares. Wall Street Zen initiated coverage on shares of HarborOne Bancorp in a report on Thursday, May 22nd. They issued a "hold" rating for the company. Janney Montgomery Scott reaffirmed a "neutral" rating on shares of HarborOne Bancorp in a research note on Tuesday, April 29th. Finally, Seaport Res Ptn upgraded HarborOne Bancorp from a "hold" rating to a "strong-buy" rating in a research report on Friday, April 25th.

Hedge Funds Weigh In On HarborOne Bancorp

A number of institutional investors have recently modified their holdings of HONE. Jane Street Group LLC increased its holdings in HarborOne Bancorp by 350.3% in the first quarter. Jane Street Group LLC now owns 106,075 shares of the financial services provider's stock valued at $1,100,000 after buying an additional 82,521 shares in the last quarter. Empowered Funds LLC grew its holdings in HarborOne Bancorp by 8.5% in the 1st quarter. Empowered Funds LLC now owns 134,279 shares of the financial services provider's stock valued at $1,392,000 after buying an additional 10,523 shares in the last quarter. Millennium Management LLC grew its stake in shares of HarborOne Bancorp by 70.5% in the 1st quarter. Millennium Management LLC now owns 463,597 shares of the financial services provider's stock valued at $4,808,000 after buying an additional 191,719 shares during the period. Finally, AQR Capital Management LLC grew its position in HarborOne Bancorp by 80.0% in the first quarter. AQR Capital Management LLC now owns 85,675 shares of the financial services provider's stock worth $888,000 after acquiring an additional 38,072 shares during the period. Hedge funds and other institutional investors own 65.01% of the company's stock.

HarborOne Bancorp Company Profile

HarborOne Bancorp, Inc operates as the holding company for HarborOne Bank that provides financial services to individuals, families, small and mid-size businesses, and municipalities. The company operates in two segments, HarborOne Bank and HarborOne Mortgage. Its primary deposit products include checking, money market, savings, and term certificate of deposit accounts; and primary lending products comprise commercial real estate, commercial, residential mortgages, home equity, and consumer loans.