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Hanover Bancorp (HNVR) Stock Price, News & Analysis

Hanover Bancorp logo
$22.64 +0.11 (+0.47%)
As of 09:55 AM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

About Hanover Bancorp Stock (NASDAQ:HNVR)

Key Stats

Today's Range
$22.45
$22.50
50-Day Range
$20.70
$23.42
52-Week Range
$16.71
$27.14
Volume
452 shs
Average Volume
18,249 shs
Market Capitalization
$163.42 million
P/E Ratio
14.79
Dividend Yield
1.77%
Price Target
$23.83
Consensus Rating
Hold

Company Overview

Hanover Bancorp Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
74th Percentile Overall Score

HNVR MarketRank™: 

Hanover Bancorp scored higher than 74% of companies evaluated by MarketBeat, and ranked 397th out of 934 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 Hold. The company's average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Hanover Bancorp has only been the subject of 3 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 14.79, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 28.78.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Hanover Bancorp is 14.79, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 19.44.

  • Price to Book Value per Share Ratio

    Hanover Bancorp has a P/B Ratio of 0.84. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Read more about Hanover Bancorp's valuation and earnings.
  • Percentage of Shares Shorted

    2.14% 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 4.3.
  • Change versus previous month

    Short interest in Hanover Bancorp has recently decreased by 8.59%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Hanover Bancorp pays a meaningful dividend of 1.79%, 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 26.14%. 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

    2.14% 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 4.3.
  • Change versus previous month

    Short interest in Hanover Bancorp has recently decreased by 8.59%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Hanover Bancorp has a news sentiment score of 1.71. 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 higher news sentiment than the 1.18 average news sentiment score of Finance companies.
  • News Coverage This Week

    MarketBeat has tracked 2 news articles for Hanover Bancorp this week, compared to 1 article on an average week.
  • Search Interest

    1 people have searched for HNVR on MarketBeat in the last 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Hanover Bancorp insiders have not sold or bought any 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

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See More Headlines

HNVR Stock Analysis - Frequently Asked Questions

Hanover Bancorp's stock was trading at $23.06 on January 1st, 2025. Since then, HNVR stock has decreased by 1.8% and is now trading at $22.6350.

Hanover Bancorp, Inc. (NASDAQ:HNVR) posted its quarterly earnings data on Wednesday, July, 23rd. The company reported $0.33 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.57 by $0.24. The business 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 7.40%.

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

Hanover Bancorp's top institutional investors include Fourthstone LLC (4.05%), Geode Capital Management LLC (1.46%), Corient Private Wealth LLC (0.35%) and Los Angeles Capital Management LLC (0.23%). Insiders that own company stock include Michael P Puorro, Robert Golden, Michael David MD Katz, Elena Sisti, Mcclelland W Wilcox, Philip A Okun, Lance P Burke and John P Vivona.
View institutional ownership trends
.

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

Last Earnings
7/23/2025
Record date for 8/13 Dividend
8/06/2025
Ex-Dividend for 8/13 Dividend
8/06/2025
Dividend Payable
8/13/2025
Today
8/28/2025
Next Earnings (Estimated)
10/22/2025
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
$22.50
Potential Upside/Downside
+5.8%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
3 Analysts

Profitability

EPS (Trailing Twelve Months)
$1.53
Trailing P/E Ratio
14.73
Forward P/E Ratio
9.47
P/E Growth
N/A
Net Income
$12.35 million
Net Margins
7.73%
Pretax Margin
10.14%
Return on Equity
7.40%
Return on Assets
0.61%

Debt

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

Sales & Book Value

Annual Sales
$148.36 million
Price / Sales
1.10
Cash Flow
$2.29 per share
Price / Cash Flow
9.83
Book Value
$26.87 per share
Price / Book
0.84

Miscellaneous

Outstanding Shares
7,220,000
Free Float
5,429,000
Market Cap
$162.67 million
Optionable
Not Optionable
Beta
0.06
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This page (NASDAQ:HNVR) was last updated on 8/29/2025 by MarketBeat.com Staff
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