Seaport Res Ptn Issues Negative Forecast for HONE Earnings

HarborOne Bancorp, Inc. (NASDAQ:HONE - Free Report) - Equities researchers at Seaport Res Ptn dropped their Q2 2025 EPS estimates for shares of HarborOne Bancorp in a note issued to investors on Friday, April 25th. Seaport Res Ptn analyst L. Hunsicker now forecasts that the financial services provider will earn $0.19 per share for the quarter, down from their prior forecast of $0.21. Seaport Res Ptn currently has a "Strong-Buy" rating on the stock. The consensus estimate for HarborOne Bancorp's current full-year earnings is $0.83 per share. Seaport Res Ptn also issued estimates for HarborOne Bancorp's Q1 2026 earnings at $0.19 EPS, Q2 2026 earnings at $0.20 EPS, Q3 2026 earnings at $0.21 EPS, Q4 2026 earnings at $0.20 EPS and FY2026 earnings at $0.81 EPS.

HarborOne Bancorp (NASDAQ:HONE - Get Free Report) last posted its quarterly earnings data on Thursday, April 24th. The financial services provider reported $0.14 earnings per share for the quarter, missing analysts' consensus estimates of $0.17 by ($0.03). HarborOne Bancorp had a net margin of 8.61% and a return on equity of 4.63%. The company had revenue of $41.36 million for the quarter, compared to the consensus estimate of $36.01 million.

Separately, Janney Montgomery Scott restated a "neutral" rating on shares of HarborOne Bancorp in a report on Tuesday.

HarborOne Bancorp Stock Up 1.8 %

HarborOne Bancorp stock traded up $0.20 during mid-day trading on Monday, reaching $11.49. The stock had a trading volume of 226,541 shares, compared to its average volume of 186,930. The company has a market capitalization of $510.86 million, a price-to-earnings ratio of 17.36 and a beta of 0.61. The company has a debt-to-equity ratio of 0.92, a current ratio of 1.12 and a quick ratio of 1.11. HarborOne Bancorp has a one year low of $8.89 and a one year high of $14.00. The company has a 50-day moving average price of $10.41 and a two-hundred day moving average price of $11.68.

Institutional Investors Weigh In On HarborOne Bancorp

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Tower Research Capital LLC TRC increased its position in HarborOne Bancorp by 128.9% during the fourth quarter. Tower Research Capital LLC TRC now owns 4,507 shares of the financial services provider's stock valued at $53,000 after acquiring an additional 2,538 shares during the last quarter. CWM LLC increased its holdings in HarborOne Bancorp by 35.3% during the first quarter. CWM LLC now owns 5,079 shares of the financial services provider's stock valued at $53,000 after buying an additional 1,326 shares during the last quarter. Quarry LP bought a new position in HarborOne Bancorp in the fourth quarter worth approximately $57,000. US Bancorp DE boosted its stake in shares of HarborOne Bancorp by 1,306.7% during the 4th quarter. US Bancorp DE now owns 5,880 shares of the financial services provider's stock worth $70,000 after acquiring an additional 5,462 shares during the last quarter. Finally, Quantbot Technologies LP grew its position in shares of HarborOne Bancorp by 18.3% during the 4th quarter. Quantbot Technologies LP now owns 6,677 shares of the financial services provider's stock valued at $79,000 after acquiring an additional 1,033 shares during the period. Hedge funds and other institutional investors own 65.01% of the company's stock.

HarborOne Bancorp Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 23rd. Investors of record on Wednesday, April 9th were given a dividend of $0.01 per share. The ex-dividend date was Wednesday, April 9th. This represents a $0.04 dividend on an annualized basis and a yield of 0.35%. HarborOne Bancorp's dividend payout ratio (DPR) is 50.79%.

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.