Heritage Oaks Bancorp Company Profile (NASDAQ:HEOP)

About Heritage Oaks Bancorp

Heritage Oaks Bancorp logoHeritage Oaks Bancorp is the holding company for Heritage Oaks Bank (the Bank). The Bank offers traditional banking products, such as checking, savings, money market account and certificates of deposit, as well as mortgage loans and commercial and consumer loans to customers who are predominately small to medium-sized businesses (SMBs) and individuals. The Bank offers its products and services through approximately 10 retail branches located on the Central Coast of California, in San Luis Obispo and Santa Barbara Counties and through other direct channels, including a loan production office in Ventura County. The Bank offers to its commercial clients commercial loans secured by real estate, other commercial loans and lines of credit, agricultural loans, construction financing, other real estate loans, and small business administration (SBA) loans. For consumers, the Bank offers residential mortgages equity lines of credit and other consumer loans.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Money Center Banks
  • Sub-Industry: Regional Banks
  • Exchange: NASDAQ
  • Symbol: HEOP
  • CUSIP: 42724R10
Key Metrics:
  • Previous Close: $13.81
  • 50 Day Moving Average: $13.06
  • 200 Day Moving Average: $9.95
  • 52-Week Range: $6.95 - $14.12
  • Trailing P/E Ratio: 28.18
  • Foreward P/E Ratio: 20.49
  • P/E Growth: 1.46
  • Market Cap: $470.53M
  • Outstanding Shares: 34,072,000
  • Beta: 1.05
Profitability:
  • Net Margins: 20.26%
  • Return on Equity: 7.97%
  • Return on Assets: 0.87%
Debt:
  • Debt-to-Equity Ratio: 0.61%
  • Current Ratio: 0.86%
  • Quick Ratio: 0.85%
Additional Links:
Companies Related to Heritage Oaks Bancorp:

Analyst Ratings

Consensus Ratings for Heritage Oaks Bancorp (NASDAQ:HEOP) (?)
Ratings Breakdown: 2 Hold Ratings, 2 Buy Ratings
Consensus Rating:Buy (Score: 2.50)
Consensus Price Target: $11.17 (19.84% downside)

Analysts' Ratings History for Heritage Oaks Bancorp (NASDAQ:HEOP)
Show:
DateFirmActionRatingPrice TargetDetails
12/21/2016FIG PartnersDowngradeMarket Perform$12.00View Rating Details
12/15/2016Sandler O'NeillUpgradeHold -> BuyView Rating Details
12/14/2016Keefe, Bruyette & WoodsUpgradeMarket Perform -> Outperform$13.00View Rating Details
8/19/2016Hovde GroupInitiated CoverageMarket Perform$8.50View Rating Details
(Data available from 2/22/2015 forward)

Earnings

Earnings History for Heritage Oaks Bancorp (NASDAQ:HEOP)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/26/2017        
1/30/2017Q4 2016$0.12$0.13ViewListenView Earnings Details
4/28/2016Q1$0.11$0.12ViewN/AView Earnings Details
2/1/2016Q4$0.12$0.10ViewN/AView Earnings Details
10/30/2015Q314$0.13$0.12$18.35 millionViewListenView Earnings Details
7/23/2015Q214$0.13$0.11$18.49 millionViewListenView Earnings Details
2/2/2015Q413$0.11$0.13$18.50 millionViewN/AView Earnings Details
10/30/2014$0.09$0.10ViewN/AView Earnings Details
7/28/2014$0.09$0.09ViewN/AView Earnings Details
4/29/2014$0.10($0.06)ViewN/AView Earnings Details
1/23/2014Q313$0.11$0.06$13.28 millionViewN/AView Earnings Details
7/29/2013Q2 2013$0.08$0.09$12.58 million$10.10 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Heritage Oaks Bancorp (NASDAQ:HEOP)
Current Year EPS Consensus Estimate: $0.59 EPS
Next Year EPS Consensus Estimate: $0.68 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20162$0.11$0.12$0.12
Q2 20162$0.12$0.14$0.13
Q3 20162$0.14$0.15$0.15
Q4 20161$0.13$0.13$0.13
Q1 20171$0.13$0.13$0.13
Q2 20171$0.16$0.16$0.16
Q3 20171$0.17$0.17$0.17
Q4 20171$0.17$0.17$0.17
Q4 20181$0.20$0.20$0.20
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Heritage Oaks Bancorp (NASDAQ:HEOP)
Annual Dividend:$0.24
Dividend Yield:1.72%
Payout Ratio:48.98% (Based on Trailing 12 Months of Earnings)
40.68% (Based on Current Year Consensus EPS Estimate)
35.29% (Based on Next Year Consensus EPS Estimate)

Dividend History for Heritage Oaks Bancorp (NASDAQ:HEOP)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
1/31/2017quarterly$0.061.77%2/13/20172/15/20172/28/2017
10/28/2016Quarterly$0.063.02%11/10/201611/15/201611/30/2016
8/2/2016quarterly$0.062.96%8/11/20168/15/20168/31/2016
4/29/2016quarterly$0.062.87%5/16/20165/18/20165/31/2016
2/3/2016quarterly$0.063.2%2/12/20162/17/20162/29/2016
11/2/2015quarterly$0.062.66%11/12/201511/16/201511/30/2015
7/27/2015quarterly$0.063.04%8/13/20158/17/20158/31/2015
5/1/2015quarterly$0.063.11%5/13/20155/15/20156/1/2015
1/28/2015quarterly$0.052.51%2/11/20152/16/20153/2/2015
11/4/2014quarterly$0.052.58%11/13/201411/17/201412/1/2014
7/29/2014quarterly$0.031.68%8/27/20148/29/20149/15/2014
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Heritage Oaks Bancorp (NASDAQ:HEOP)
Insider Ownership Percentage: 31.32%
Institutional Ownership Percentage: 63.07%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/1/2016Robert OsterbauerInsiderSell3,000$8.05$24,150.00View SEC Filing  
8/4/2016Alexander SimasDirectorBuy6,500$8.29$53,885.00View SEC Filing  
6/16/2016Mark C FugateDirectorBuy1,000$7.63$7,630.00View SEC Filing  
11/17/2015Castle Creek Capital PartnersMajor ShareholderSell2,000,000$8.00$16,000,000.00View SEC Filing  
1/8/2015William R RaverEVPBuy9,107$3.65$33,240.55View SEC Filing  
12/5/2014William R RaverEVPBuy9,700$3.10$30,070.00View SEC Filing  
8/11/2014Mark C FugateDirectorBuy500$6.87$3,435.00View SEC Filing  
8/7/2014Mark C FugateDirectorBuy289$6.91$1,996.99View SEC Filing  
8/4/2014Mark C FugateDirectorBuy1,000$6.98$6,980.00View SEC Filing  
6/3/2014Simone LagomarsinoCEOBuy5,000$7.25$36,250.00View SEC Filing  
5/9/2014Michael James MorrisDirectorBuy1,500$7.15$10,725.00View SEC Filing  
5/8/2014Alexander SimasDirectorBuy4,000$7.16$28,640.00View SEC Filing  
5/5/2014Mark FugateDirectorBuy2,000$7.21$14,420.00View SEC Filing  
3/6/2014Lawrence WardDirectorSell6,000$8.13$48,780.00View SEC Filing  
3/3/2014Mark FugateDirectorBuy1,000$7.77$7,770.00View SEC Filing  
11/6/2013Mark FugateDirectorBuy1,000$6.95$6,950.00View SEC Filing  
9/11/2013Joanne FunariEVPSell1,310$6.33$8,292.30View SEC Filing  
8/21/2013Joanne FunariEVPSell3,918$6.48$25,388.64View SEC Filing  
8/6/2013Mark FugateDirectorBuy2,000$6.61$13,220.00View SEC Filing  
6/14/2013Alexander SimasDirectorBuy4,000$6.00$24,000.00View SEC Filing  
6/7/2013Alexander SimasDirectorBuy2,000$6.00$12,000.00View SEC Filing  
5/1/2013Dolores T LaceyDirectorBuy2,000$5.50$11,000.00View SEC Filing  
3/19/2013Dolores T LaceyDirectorBuy1,400$5.60$7,840.00View SEC Filing  
2/25/2013Mark C FugateDirectorBuy1,000$5.55$5,550.00View SEC Filing  
2/13/2013Michael E PfauDirectorBuy9,699$5.69$55,187.31View SEC Filing  
11/5/2012Michael E PfauDirectorBuy10,000$5.20$52,000.00View SEC Filing  
11/2/2012Dolores T LaceyDirectorBuy2,000$5.30$10,600.00View SEC Filing  
8/28/2012Mark C FugateDirectorBuy2,000$5.70$11,400.00View SEC Filing  
8/13/2012Alexander SimasDirectorBuy2,000$5.36$10,720.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Heritage Oaks Bancorp (NASDAQ:HEOP)
DateHeadline
thestreet.com logoReminder - Heritage Oaks Bancorp (HEOP) Goes Ex-Dividend Soon (NASDAQ:HEOP)
www.thestreet.com - February 9 at 6:32 PM
capitalcube.com logoHeritage Oaks Bancorp :HEOP-US: Earnings Analysis: Q4, 2016 By the Numbers : February 7, 2017 (NASDAQ:HEOP)
www.capitalcube.com - February 7 at 6:56 PM
seekingalpha.com logoHeritage Oaks Bancorp's (HEOP) CEO Simone Lagomarsino on Q4 2016 Results - Earnings Call Transcript (NASDAQ:HEOP)
seekingalpha.com - February 1 at 6:23 PM
finance.yahoo.com logoEdited Transcript of HEOP earnings conference call or presentation 31-Jan-17 4:00pm GMT (NASDAQ:HEOP)
finance.yahoo.com - January 31 at 11:23 PM
biz.yahoo.com logoHeritage Oaks Bancorp Earnings Call scheduled for 11:00 am ET today (NASDAQ:HEOP)
biz.yahoo.com - January 31 at 6:21 PM
News IconHeritage Oaks Bancorp (NASDAQ:HEOP) 4Q16 earnings; Beats Street View (NASDAQ:HEOP)
stockmarketdaily.co - January 31 at 4:23 AM
finance.yahoo.com logoAll Eye On Personal Income & Spending , Bank of Japan & Federal Reserve (NASDAQ:HEOP)
finance.yahoo.com - January 30 at 6:22 PM
sg.finance.yahoo.com logoHeritage Oaks Bancorp posts 4Q profit (NASDAQ:HEOP)
sg.finance.yahoo.com - January 30 at 6:22 PM
biz.yahoo.com logoQ4 2016 Heritage Oaks Bancorp Earnings Release - After Market Close (NASDAQ:HEOP)
biz.yahoo.com - January 30 at 11:31 AM
finance.yahoo.com logoWill Heritage Oaks Bancorp (HEOP) Continue to Surge Higher? (NASDAQ:HEOP)
finance.yahoo.com - January 26 at 7:15 PM
4-traders.com logoPacific Premier Bancorp : Some Founders, Heritage Oaks bank employees laid off amid mergers (NASDAQ:HEOP)
www.4-traders.com - January 24 at 11:26 PM
4-traders.com logoPacific Premier Bancorp : posts 4Q profit (NASDAQ:HEOP)
www.4-traders.com - January 24 at 6:24 PM
capitalcube.com logoHeritage Oaks Bancorp : HEOP-US: Dividend Analysis : November 15th, 2016 (record date) : By the numbers : January 11, 2017 (NASDAQ:HEOP)
www.capitalcube.com - January 11 at 6:17 PM
finance.yahoo.com logoHeritage Oaks Bancorp Schedules Fourth Quarter Conference Call (NASDAQ:HEOP)
finance.yahoo.com - January 4 at 6:42 PM
biz.yahoo.com logoHERITAGE OAKS BANCORP Files SEC form 8-K, Regulation FD Disclosure (NASDAQ:HEOP)
biz.yahoo.com - January 4 at 6:41 PM
4-traders.com logoHeritage Oaks Bancorp (NASDAQ:HEOP) Shareholders Alert: Investigation over Takeover (NASDAQ:HEOP)
www.4-traders.com - December 24 at 5:24 PM
finance.yahoo.com logo5 Breakout Stocks for Outstanding Returns (NASDAQ:HEOP)
finance.yahoo.com - December 23 at 5:53 PM
finance.yahoo.com logo5 Breakout Stocks for Outstanding Returns (NASDAQ:HEOP)
finance.yahoo.com - December 23 at 5:53 PM
finance.yahoo.com logoHeritage Oaks Bancorp (HEOP) Shares March Higher, Can It Continue? (NASDAQ:HEOP)
finance.yahoo.com - December 23 at 5:53 PM
finance.yahoo.com logoHeritage Oaks Bancorp (HEOP) Shares March Higher, Can It Continue? (NASDAQ:HEOP)
finance.yahoo.com - December 23 at 5:53 PM
News IconINVESTOR ALERT: Levi & Korsinsky, LLP Announces an Investigation into Whether the Sale of Heritage Oaks Bancorp to Pacific Pr... (NASDAQ:HEOP)
ih.advfn.com - December 22 at 10:55 PM
finance.yahoo.com logoINVESTOR ALERT: Levi & Korsinsky, LLP Announces an Investigation into Whether the Sale of Heritage Oaks Bancorp to Pacific Premier Bancorp, Inc. is Fair to Shareholders (NASDAQ:HEOP)
finance.yahoo.com - December 22 at 5:54 PM
News IconHeritage Oaks Bancorp (HEOP) is Upgraded by Sandler O'Neill to Buy (NASDAQ:HEOP)
itapunta.com - December 16 at 11:11 PM
News IconHeritage Oaks Bancorp (HEOP) Receives An Update From Brokers (NASDAQ:HEOP)
baddgoddess.com - December 16 at 6:11 PM
finance.yahoo.com logoHERITAGE OAKS INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF LOUISIANA: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Heritage Oaks Bancorp (NASDAQ:HEOP)
finance.yahoo.com - December 16 at 6:11 PM
News IconMomentum Financial Stock: Heritage Oaks Bancorp's (HEOP) (NASDAQ:HEOP)
rawgistafrica.com - December 15 at 6:14 PM
News IconSell-side Review & Stock Update on Heritage Oaks Bancorp (NASDAQ:HEOP) (NASDAQ:HEOP)
myhealthbowl.com - December 15 at 4:23 AM
News IconHeritage Oaks Bancorp (HEOP) Upgraded by Keefe, Bruyette & Woods to Outperform (NASDAQ:HEOP)
flapship.com - December 15 at 4:23 AM
marketexclusive.com logoAnalyst Upgrades – Heritage Oaks Bancorp (NASDAQ:HEOP) Stock Gets Upgraded By Keefe, Bruyette & Woods from Market Perform to Outperform (NASDAQ:HEOP)
marketexclusive.com - December 15 at 4:23 AM
us.rd.yahoo.com logoHeritage Oaks Bancorp upgraded by Keefe Bruyette (NASDAQ:HEOP)
us.rd.yahoo.com - December 14 at 6:18 PM
finance.yahoo.com logoHERITAGE OAKS BANCORP SHAREHOLDER ALERT: Former SEC Attorney Willie Briscoe and Powers Taylor LLP Investigate Sale to Pacific Premier Bancorp, Inc. (NASDAQ:HEOP)
finance.yahoo.com - December 14 at 6:18 PM
finance.yahoo.com logoSHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces an Investigation into Whether the Sale of Heritage Oaks Bancorp to Pacific Premier Bancorp, Inc. is Fair to Shareholders -- HEOP (NASDAQ:HEOP)
finance.yahoo.com - December 14 at 6:18 PM
finance.yahoo.com logoKroll Bond Rating Agency Comments on Pacific Premier Bancorp, Inc.’s Acquisition of Heritage Oaks Bancorp (NASDAQ:HEOP)
in.finance.yahoo.com - December 13 at 11:09 PM
streetinsider.com logoPacific Premier Bancorp (PPBI) to Acquire Heritage Oaks Bancorp (HEOP) for ~$406M (NASDAQ:HEOP)
www.streetinsider.com - December 13 at 11:09 PM
News IconPacific Premier Buys in Central Coast (NASDAQ:HEOP)
canalcncarauca.com - December 13 at 6:07 PM
News IconHeritage Oaks Bank’s Parent Company Being Acquired by Pacific Premier Bancorp (NASDAQ:HEOP)
www.noozhawk.com - December 13 at 6:07 PM
rttnews.com logoPacific Premier To Acquire Heritage Oaks In Stock Deal - Quick Facts (NASDAQ:HEOP)
www.rttnews.com - December 13 at 6:07 PM
News IconHeritage Oaks Bancorp merging with Pacific Premier (NASDAQ:HEOP)
www.perspectivabetica.com - December 13 at 6:07 PM
finance.yahoo.com logoHERITAGE OAKS (HEOP) ALERT: Johnson & Weaver, LLP Launches an Investigation into the Fairness of Price … (NASDAQ:HEOP)
finance.yahoo.com - December 13 at 6:07 PM
finance.yahoo.com logoHERITAGE OAKS (HEOP) ALERT: Johnson & Weaver, LLP Launches an Investigation into the Fairness of Price and Process in Proposed Sale of Heritage Oaks Bancorp; Are Shareholders Getting a Fair Deal? (NASDAQ:HEOP)
finance.yahoo.com - December 13 at 6:07 PM
4-traders.com logoHeritage Oaks Bancorp (NASDAQ:HEOP) Files An 8-K Entry into a Material Definitive Agreement (NASDAQ:HEOP)
www.4-traders.com - December 13 at 10:44 AM
biz.yahoo.com logoHERITAGE OAKS BANCORP Files SEC form 8-K, Entry into a Material Definitive Agreement, Other Events, Financial Stateme (NASDAQ:HEOP)
biz.yahoo.com - December 13 at 10:44 AM
feeds.reuters.com logoBRIEF-Pacific Premier Bancorp to acquire Heritage Oaks Bancorp (NASDAQ:HEOP)
feeds.reuters.com - December 13 at 7:17 AM
News IconWhy do natural area managers utilize prescribed fire in woodlands? (NASDAQ:HEOP)
www.greensburgdailynews.com - December 8 at 6:18 PM
capitalcube.com logoETFs with exposure to Heritage Oaks Bancorp : December 8, 2016 (NASDAQ:HEOP)
www.capitalcube.com - December 8 at 6:18 PM
marketexclusive.com logoHeritage Oaks Bancorp (NASDAQ:HEOP) Files An 8-K Other Events (NASDAQ:HEOP)
marketexclusive.com - November 30 at 10:51 PM
us.rd.yahoo.com logoHeritage Oaks Bank Announces Termination of Regulatory Order Regarding BSA Matters (NASDAQ:HEOP)
us.rd.yahoo.com - November 30 at 9:18 AM
us.rd.yahoo.com logo6:00 pm Heritage Oaks Bancorp unit announces termination of regulatory order regarding BSA matters (NASDAQ:HEOP)
us.rd.yahoo.com - November 30 at 9:18 AM
capitalcube.com logoHeritage Oaks Bancorp :HEOP-US: Earnings Analysis: Q3, 2016 By the Numbers : October 31, 2016 (NASDAQ:HEOP)
www.capitalcube.com - October 31 at 5:31 PM
seekingalpha.com logoHeritage Oaks Bancorp's (HEOP) CEO Simone Lagomarsino on Q3 2016 Results - Earnings Call Transcript (NASDAQ:HEOP)
seekingalpha.com - October 29 at 8:18 AM

Social

What is Heritage Oaks Bancorp's stock symbol?

Heritage Oaks Bancorp trades on the NASDAQ under the ticker symbol "HEOP."

How often does Heritage Oaks Bancorp pay dividends? What is the dividend yield for Heritage Oaks Bancorp?

Heritage Oaks Bancorp declared a quarterly dividend on Tuesday, January 31st. Investors of record on Wednesday, February 15th will be given a dividend of $0.06 per share on Tuesday, February 28th. This represents a $0.24 annualized dividend and a yield of 1.72%. The ex-dividend date of this dividend is Monday, February 13th.

Where is Heritage Oaks Bancorp's stock going? Where will Heritage Oaks Bancorp's stock price be in 2017?

4 brokerages have issued 12-month price objectives for Heritage Oaks Bancorp's shares. Their predictions range from $8.50 to $13.00. On average, they expect Heritage Oaks Bancorp's stock price to reach $11.17 in the next year.

When will Heritage Oaks Bancorp announce their earnings?

Heritage Oaks Bancorp is scheduled to release their next quarterly earnings announcement on Wednesday, April, 26th 2017.

Who owns Heritage Oaks Bancorp stock?

Heritage Oaks Bancorp's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Stieven Capital Advisors L.P. (2.67%), Gardner Lewis Asset Management L P (2.54%), CNH Partners LLC (1.88%), Basswood Capital Management L.L.C. (1.48%), Endeavour Capital Advisors Inc. (1.15%) and State Street Corp (1.09%). Company insiders that own Heritage Oaks Bancorp stock include Alexander Simas, Castle Creek Capital Partners, Mark C Fugate and Robert Osterbauer.

Who sold Heritage Oaks Bancorp stock? Who is selling Heritage Oaks Bancorp stock?

Heritage Oaks Bancorp's stock was sold by a variety of institutional investors in the last quarter, including Basswood Capital Management L.L.C., Maltese Capital Management LLC, Stieven Capital Advisors L.P. and Endeavour Capital Advisors Inc..

Who bought Heritage Oaks Bancorp stock? Who is buying Heritage Oaks Bancorp stock?

Heritage Oaks Bancorp's stock was bought by a variety of institutional investors in the last quarter, including Gardner Lewis Asset Management L P, CNH Partners LLC, Renaissance Technologies LLC, FMR LLC, Russell Investments Group Ltd., Dimensional Fund Advisors LP, State Street Corp and Guggenheim Capital LLC. Company insiders that have bought Heritage Oaks Bancorp stock in the last two years include Alexander Simas and Mark C Fugate.

How do I buy Heritage Oaks Bancorp stock?

Shares of Heritage Oaks Bancorp can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Heritage Oaks Bancorp stock cost?

One share of Heritage Oaks Bancorp stock can currently be purchased for approximately $13.93.

Heritage Oaks Bancorp (NASDAQ:HEOP) Chart for Wednesday, February, 22, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Heritage Oaks Bancorp (NASDAQ:HEOP)

Earnings History Chart

Earnings by Quarter for Heritage Oaks Bancorp (NASDAQ:HEOP)

Dividend History Chart

Dividend Payments by Quarter for Heritage Oaks Bancorp (NASDAQ:HEOP)

Last Updated on 2/22/2017 by MarketBeat.com Staff