Heritage Oaks Bancorp is a bank holding company for Heritage Oaks Bank (the Bank). The Bank is a community-oriented financial services company that provides banking products and services to small and medium sized businesses and consumers. As of December 31, 2016, its products and services were offered primarily through 12 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 loans. Its deposit products offered include personal and business checking and savings accounts, time deposit accounts, individual retirement accounts (IRAs), health savings accounts (HSAs), and money market accounts.
Industry, Sector and Symbol:
- Sector: Financials
- Industry: Commercial Banks
- Sub-Industry: Regional Banks
- Symbol: NASDAQ:HEOP
- CUSIP: 42724R10
- Web: www.heritageoaksbancorp.com/
Average Prices:- 50 Day Moving Avg: $13.49
- 200 Day Moving Avg: $11.04
- 52 Week Range: $7.50 - $14.44
P/E:- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 17.39
- P/E Growth: 0.00
Dividend:- Annual Dividend: $0.24
- Dividend Yield: 1.8%
Profitability:- Net Margins: 22.37%
- Return on Equity: 8.53%
- Return on Assets: 0.91%
Debt:- Debt-to-Equity Ratio: 0.61%
- Current Ratio: 0.86%
- Quick Ratio: 0.85%
Misc:- Average Volume: 132,197 shs.
- Beta: 1.05
Frequently Asked Questions for Heritage Oaks Bancorp (NASDAQ:HEOP)
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 announced 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 1.79%. The ex-dividend date is Monday, February 13th. View Heritage Oaks Bancorp's Dividend History.
How were Heritage Oaks Bancorp's earnings last quarter?
Heritage Oaks Bancorp (NASDAQ:HEOP) posted its quarterly earnings results on Thursday, October, 27th. The company reported $0.12 earnings per share (EPS) for the quarter, hitting the Zacks' consensus estimate of $0.12. The business earned $19.57 million during the quarter. Heritage Oaks Bancorp had a net margin of 22.37% and a return on equity of 8.53%. View Heritage Oaks Bancorp's Earnings History.
Where is Heritage Oaks Bancorp's stock going? Where will Heritage Oaks Bancorp's stock price be in 2017?
4 brokers have issued 12-month price targets for Heritage Oaks Bancorp's stock. Their predictions range from $8.50 to $13.00. On average, they anticipate Heritage Oaks Bancorp's share price to reach $11.17 in the next twelve months. View Analyst Ratings for Heritage Oaks Bancorp.
Who are some of Heritage Oaks Bancorp's key competitors?
Some companies that are related to Heritage Oaks Bancorp include HSBC Holdings PLC (HSBC), HSBC Holdings plc (HSBA), Fifth Third Bancorp (FITB), Citizens Financial Group (CFG), First Republic Bank (FRC), Grupo Financiero Santander Mexico S.A. B. de C.V. (BSMX), Zions Bancorporation (ZION), BOK Financial Corporation (BOKF), Western Alliance Bancorporation (WAL), F.N.B. Corporation (FNB), Prosperity Bancshares (PB), First Hawaiian (FHB), IBERIABANK Corporation (IBKC), Hancock Holding Company (HBHC), Texas Capital Bancshares (TCBI), Home BancShares (HOMB), Bank of Hawaii Corporation (BOH) and Associated Banc-Corp (ASB).
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.
What is Heritage Oaks Bancorp's stock price today?
One share of Heritage Oaks Bancorp stock can currently be purchased for approximately $13.39.
MarketBeat Community Rating for Heritage Oaks Bancorp (NASDAQ HEOP)MarketBeat's community ratings are surveys of what our community members think about Heritage Oaks Bancorp and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for Heritage Oaks Bancorp (NASDAQ:HEOP) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 2 Hold Ratings, 2 Buy Ratings |
| Consensus Rating: | Buy (Score: 2.50) |
| Consensus Price Target: | $11.17 (16.60% downside) |
Analysts' Ratings History for Heritage Oaks Bancorp (NASDAQ:HEOP)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 12/21/2016 | FIG Partners | Downgrade | Market Perform | $12.00 | N/A |  |
| 12/15/2016 | Sandler O'Neill | Upgrade | Hold -> Buy | | N/A | |
| 12/14/2016 | Keefe, Bruyette & Woods | Upgrade | Market Perform -> Outperform | $13.00 | N/A | |
| 8/19/2016 | Hovde Group | Initiated Coverage | Market Perform | $8.50 | N/A | |
(Data available from 7/27/2015 forward)
Earnings History for Heritage Oaks Bancorp (NASDAQ:HEOP)Earnings History by Quarter for Heritage Oaks Bancorp (NASDAQ HEOP)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 1/30/2017 | Q4 2016 | $0.12 | $0.13 | $19.40 million | $20.34 million | View | Listen | |
| 10/27/2016 | Q3 | $0.12 | $0.12 | | $19.57 million | View | Listen | |
| 8/1/2016 | Q2 | $0.11 | $0.12 | $18.45 million | $18.88 million | View | Listen | |
| 4/28/2016 | Q1 | $0.11 | $0.12 | $18.55 million | $19.03 million | View | N/A | |
| 2/1/2016 | Q4 | $0.12 | $0.10 | $17.10 million | $18.18 million | View | N/A | |
| 10/29/2015 | Q314 | $0.13 | $0.12 | $18.85 million | $18.20 million | View | Listen | |
| 7/23/2015 | Q214 | $0.13 | $0.11 | $18.40 million | $17.51 million | View | Listen | |
| 2/2/2015 | Q413 | $0.11 | $0.13 | $18.15 million | $18.08 million | View | N/A | |
| 10/30/2014 | Q3 2014 | $0.09 | $0.10 | $17.85 million | $18.55 million | View | N/A | |
| 7/28/2014 | Q2 2014 | $0.09 | $0.09 | $17.50 million | $17.67 million | View | N/A | |
| 4/29/2014 | Q1 2014 | $0.06 | $0.11 | $14.55 million | $14.20 million | View | N/A | |
| 1/23/2014 | Q313 | $0.11 | $0.06 | $13.28 million | | View | N/A | |
| 7/29/2013 | Q2 2013 | $0.08 | $0.09 | $12.58 million | $10.10 million | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Heritage Oaks Bancorp (NASDAQ:HEOP)2017 EPS Consensus Estimate: $0.63
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 1 | $0.13 | $0.13 | $0.13 |
| Q2 2017 | 1 | $0.16 | $0.16 | $0.16 |
| Q3 2017 | 1 | $0.17 | $0.17 | $0.17 |
| Q4 2017 | 1 | $0.17 | $0.17 | $0.17 |
| Q4 2018 | 1 | $0.20 | $0.20 | $0.20 |
(Data provided by Zacks Investment Research)
Current Dividend Information for Heritage Oaks Bancorp (NASDAQ:HEOP)| Most Recent Dividend: | 2/28/2017 |
| Annual Dividend: | $0.24 |
| Dividend Yield: | 1.79% |
| Payout Ratio: | 48.98% (Trailing 12 Months of Earnings)
38.71% (Based on This Year's Estimates)
31.17% (Based on Next Year's Estimates)
|
Dividend History by Quarter for Heritage Oaks Bancorp (NASDAQ HEOP)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 1/31/2017 | quarterly | $0.06 | 1.77% | 2/13/2017 | 2/15/2017 | 2/28/2017 |
| 10/28/2016 | Quarterly | $0.06 | 3.02% | 11/10/2016 | 11/15/2016 | 11/30/2016 |
| 8/2/2016 | quarterly | $0.06 | 2.96% | 8/11/2016 | 8/15/2016 | 8/31/2016 |
| 4/29/2016 | quarterly | $0.06 | 2.87% | 5/16/2016 | 5/18/2016 | 5/31/2016 |
| 2/3/2016 | quarterly | $0.06 | 3.2% | 2/12/2016 | 2/17/2016 | 2/29/2016 |
| 11/2/2015 | quarterly | $0.06 | 2.66% | 11/12/2015 | 11/16/2015 | 11/30/2015 |
| 7/27/2015 | quarterly | $0.06 | 3.04% | 8/13/2015 | 8/17/2015 | 8/31/2015 |
| 5/1/2015 | quarterly | $0.06 | 3.11% | 5/13/2015 | 5/15/2015 | 6/1/2015 |
| 1/28/2015 | quarterly | $0.05 | 2.51% | 2/11/2015 | 2/16/2015 | 3/2/2015 |
| 11/4/2014 | quarterly | $0.05 | 2.58% | 11/13/2014 | 11/17/2014 | 12/1/2014 |
| 7/29/2014 | quarterly | $0.03 | 1.68% | 8/27/2014 | 8/29/2014 | 9/15/2014 |
(Data available from 1/1/2013 forward)
Insider Trading and Institutional Ownership History for Heritage Oaks Bancorp (NASDAQ:HEOP)Insider Ownership Percentage: 31.32%
Institutional Ownership Percentage: 63.07%
Insider Trades by Quarter for Heritage Oaks Bancorp (NASDAQ:HEOP)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 9/1/2016 | Robert Osterbauer | Insider | Sell | 3,000 | $8.05 | $24,150.00 | |
| 8/4/2016 | Alexander Simas | Director | Buy | 6,500 | $8.29 | $53,885.00 | |
| 6/16/2016 | Mark C Fugate | Director | Buy | 1,000 | $7.63 | $7,630.00 | |
| 11/17/2015 | Castle Creek Capital Partners | Major Shareholder | Sell | 2,000,000 | $8.00 | $16,000,000.00 | |
| 1/8/2015 | William R Raver | EVP | Buy | 9,107 | $3.65 | $33,240.55 | |
| 12/5/2014 | William R Raver | EVP | Buy | 9,700 | $3.10 | $30,070.00 | |
| 8/11/2014 | Mark C Fugate | Director | Buy | 500 | $6.87 | $3,435.00 | |
| 8/7/2014 | Mark C Fugate | Director | Buy | 289 | $6.91 | $1,996.99 | |
| 8/4/2014 | Mark C Fugate | Director | Buy | 1,000 | $6.98 | $6,980.00 | |
| 6/3/2014 | Simone Lagomarsino | CEO | Buy | 5,000 | $7.25 | $36,250.00 | |
| 5/9/2014 | Michael James Morris | Director | Buy | 1,500 | $7.15 | $10,725.00 | |
| 5/8/2014 | Alexander Simas | Director | Buy | 4,000 | $7.16 | $28,640.00 | |
| 5/5/2014 | Mark Fugate | Director | Buy | 2,000 | $7.21 | $14,420.00 | |
| 3/6/2014 | Lawrence Ward | Director | Sell | 6,000 | $8.13 | $48,780.00 | |
| 3/3/2014 | Mark Fugate | Director | Buy | 1,000 | $7.77 | $7,770.00 | |
| 11/6/2013 | Mark Fugate | Director | Buy | 1,000 | $6.95 | $6,950.00 | |
| 9/11/2013 | Joanne Funari | EVP | Sell | 1,310 | $6.33 | $8,292.30 | |
| 8/21/2013 | Joanne Funari | EVP | Sell | 3,918 | $6.48 | $25,388.64 | |
| 8/6/2013 | Mark Fugate | Director | Buy | 2,000 | $6.61 | $13,220.00 | |
| 6/14/2013 | Alexander Simas | Director | Buy | 4,000 | $6.00 | $24,000.00 | |
| 6/7/2013 | Alexander Simas | Director | Buy | 2,000 | $6.00 | $12,000.00 | |
| 5/1/2013 | Dolores T Lacey | Director | Buy | 2,000 | $5.50 | $11,000.00 | |
| 3/19/2013 | Dolores T Lacey | Director | Buy | 1,400 | $5.60 | $7,840.00 | |
| 2/25/2013 | Mark C Fugate | Director | Buy | 1,000 | $5.55 | $5,550.00 | |
| 2/13/2013 | Michael E Pfau | Director | Buy | 9,699 | $5.69 | $55,187.31 | |
| 11/5/2012 | Michael E Pfau | Director | Buy | 10,000 | $5.20 | $52,000.00 | |
| 11/2/2012 | Dolores T Lacey | Director | Buy | 2,000 | $5.30 | $10,600.00 | |
| 8/28/2012 | Mark C Fugate | Director | Buy | 2,000 | $5.70 | $11,400.00 | |
| 8/13/2012 | Alexander Simas | Director | Buy | 2,000 | $5.36 | $10,720.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for Heritage Oaks Bancorp (NASDAQ:HEOP)
Latest Headlines for Heritage Oaks Bancorp (NASDAQ:HEOP)
| Source: |
|
| Date | Headline |
|---|
 | Pacific Premier Bancorp's (PPBI) CEO Steve Gardner on Q2 2017 Results - Earnings Call Transcript
seekingalpha.com - July 25 at 7:42 PM |
 | Heritage Oaks Bancorp (HEOP) Earns Daily Media Impact Score of 0.56
www.americanbankingnews.com - May 1 at 10:41 AM |
| Heritage Oaks Bancorp (HEOP) Receives Coverage Optimism Score of 0.56
www.americanbankingnews.com - April 27 at 8:58 AM |
| Pacific Premier Bancorp's (PPBI) CEO Steve Gardner on Q1 2017 Results - Earnings Call Transcript
seekingalpha.com - April 25 at 5:11 PM |
| Heritage Oaks Bancorp (HEOP) Receives Daily Media Impact Score of 0.57
www.americanbankingnews.com - April 21 at 8:49 AM |
| Heritage Oaks Bancorp (HEOP) Receives News Impact Rating of 0.57
www.americanbankingnews.com - April 17 at 10:31 AM |
 | Edited Transcript of HEOP earnings conference call or presentation 10-Nov-10 6:00pm GMT
finance.yahoo.com - April 7 at 10:13 AM |
| Edited Transcript of HEOP earnings conference call or presentation 3-Feb-15 4:00pm GMT
finance.yahoo.com - April 7 at 10:13 AM |
| Edited Transcript of HEOP earnings conference call or presentation 1-May-15 3:00pm GMT
finance.yahoo.com - April 7 at 10:13 AM |
| Heritage Oaks Bancorp (HEOP) Lifted to Hold at Zacks Investment Research
www.americanbankingnews.com - March 29 at 9:34 PM |
| HERITAGE OAKS BANCORP Files SEC form 8-K, Submission of Matters to a Vote of Security Holders, Other Events, Financia
biz.yahoo.com - March 29 at 6:10 PM |
 | Heritage Oaks Bancorp Announces Results of Special Meeting of Shareholders
feeds.benzinga.com - March 29 at 3:21 PM |
 | Pacific Premier Bancorp (PPBI) Stockholders Approve Acquisition of Heritage Oaks Bancorp (HEOP)
www.streetinsider.com - March 28 at 11:27 AM |
| HERITAGE OAKS BANCORP Files SEC form 8-K, Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Stand
biz.yahoo.com - March 28 at 11:27 AM |
| Heritage Oaks Bancorp (HEOP) Upgraded by Zacks Investment Research to "Hold"
www.americanbankingnews.com - March 28 at 9:53 AM |
| HERITAGE OAKS BANCORP Files SEC form 8-K, Regulation FD Disclosure, Other Events, Financial Statements and Exhibits
biz.yahoo.com - March 27 at 11:16 AM |
| Heritage Oaks Bancorp (HEOP) Rating Increased to Hold at Zacks Investment Research
www.americanbankingnews.com - March 22 at 11:07 PM |
| Pacific Premier Bancorp Announces Receipt of Regulatory Approvals for Acquisition of Heritage Oaks Bancorp
finance.yahoo.com - March 21 at 9:07 AM |
 | 10-K: PACIFIC PREMIER BANCORP INC
www.marketwatch.com - March 16 at 8:44 PM |
| HERITAGE OAKS BANCORP Financials
finance.yahoo.com - March 9 at 6:04 PM |
| HERITAGE OAKS BANCORP Files SEC form 10-K, Annual Report
biz.yahoo.com - March 3 at 5:39 PM |
 | Reminder - Heritage Oaks Bancorp (HEOP) Goes Ex-Dividend Soon
www.thestreet.com - February 9 at 6:32 PM |
| Heritage Oaks Bancorp's (HEOP) CEO Simone Lagomarsino on Q4 2016 Results - Earnings Call Transcript
seekingalpha.com - February 1 at 6:23 PM |
| Edited Transcript of HEOP earnings conference call or presentation 31-Jan-17 4:00pm GMT
finance.yahoo.com - January 31 at 11:23 PM |
| Heritage Oaks Bancorp Earnings Call scheduled for 11:00 am ET today
biz.yahoo.com - January 31 at 6:21 PM |
| All Eye On Personal Income & Spending , Bank of Japan & Federal Reserve
finance.yahoo.com - January 30 at 6:22 PM |
| Q4 2016 Heritage Oaks Bancorp Earnings Release - After Market Close
biz.yahoo.com - January 30 at 11:31 AM |
| Will Heritage Oaks Bancorp (HEOP) Continue to Surge Higher?
finance.yahoo.com - January 26 at 7:15 PM |
| Heritage Oaks Bancorp Schedules Fourth Quarter Conference Call
finance.yahoo.com - January 4 at 6:42 PM |
| HERITAGE OAKS BANCORP Files SEC form 8-K, Regulation FD Disclosure
biz.yahoo.com - January 4 at 6:41 PM |
| 5 Breakout Stocks for Outstanding Returns
finance.yahoo.com - December 23 at 5:53 PM |
| 5 Breakout Stocks for Outstanding Returns
finance.yahoo.com - December 23 at 5:53 PM |
| Heritage Oaks Bancorp (HEOP) Shares March Higher, Can It Continue?
finance.yahoo.com - December 23 at 5:53 PM |
| Heritage Oaks Bancorp (HEOP) Shares March Higher, Can It Continue?
finance.yahoo.com - December 23 at 5:53 PM |
| INVESTOR ALERT: Levi & Korsinsky, LLP Announces an Investigation into Whether the Sale of Heritage Oaks Bancorp to Pacific Premier Bancorp, Inc. is Fair to Shareholders
finance.yahoo.com - December 22 at 5:54 PM |
| HERITAGE 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
finance.yahoo.com - December 16 at 6:11 PM |
 | Heritage Oaks Bancorp upgraded by Keefe Bruyette
us.rd.yahoo.com - December 14 at 6:18 PM |
| HERITAGE OAKS BANCORP SHAREHOLDER ALERT: Former SEC Attorney Willie Briscoe and Powers Taylor LLP Investigate Sale to Pacific Premier Bancorp, Inc.
finance.yahoo.com - December 14 at 6:18 PM |
| SHAREHOLDER 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
finance.yahoo.com - December 14 at 6:18 PM |
| Pacific Premier Bancorp (PPBI) to Acquire Heritage Oaks Bancorp (HEOP) for ~$406M
www.streetinsider.com - December 13 at 11:09 PM |
 | Pacific Premier To Acquire Heritage Oaks In Stock Deal - Quick Facts
www.rttnews.com - December 13 at 6:07 PM |
| HERITAGE OAKS (HEOP) ALERT: Johnson & Weaver, LLP Launches an Investigation into the Fairness of Price …
finance.yahoo.com - December 13 at 6:07 PM |
| HERITAGE 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?
finance.yahoo.com - December 13 at 6:07 PM |
| HERITAGE OAKS BANCORP Files SEC form 8-K, Entry into a Material Definitive Agreement, Other Events, Financial Stateme
biz.yahoo.com - December 13 at 10:44 AM |
| Heritage Oaks Bank Announces Termination of Regulatory Order Regarding BSA Matters
us.rd.yahoo.com - November 30 at 9:18 AM |
| 6:00 pm Heritage Oaks Bancorp unit announces termination of regulatory order regarding BSA matters
us.rd.yahoo.com - November 30 at 9:18 AM |
| Heritage Oaks Bancorp's (HEOP) CEO Simone Lagomarsino on Q3 2016 Results - Earnings Call Transcript
seekingalpha.com - October 29 at 8:18 AM |
Heritage Oaks Bancorp (HEOP) Chart for Thursday, July, 27, 2017
