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NASDAQ:HNVR

Hanover Bancorp (HNVR) Stock Price, News & Analysis

Hanover Bancorp logo
$26.33 -0.22 (-0.84%)
As of 03:01 PM Eastern
This is a fair market value price provided by Massive. Learn more.

About Hanover Bancorp Stock (NASDAQ:HNVR)

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Key Stats

Today's Range
$26.16
$27.00
50-Day Range
$22.40
$26.88
52-Week Range
$19.91
$27.01
Volume
23,937 shs
Average Volume
33,248 shs
Market Capitalization
$188.49 million
P/E Ratio
20.75
Dividend Yield
1.52%
Price Target
$26.25
Consensus Rating
Hold

Company Overview

Hanover Bancorp, Inc. is the bank holding company for The Hanover National Bank, a regional financial institution headquartered in Syracuse, New York. Through its subsidiary, the company provides a full range of commercial and retail banking services, with an emphasis on relationship-driven client support and community engagement.

Key offerings include deposit products such as checking, savings, and certificates of deposit, as well as commercial and consumer lending solutions. The bank also offers treasury management services, residential mortgage origination, and investment advisory services to meet the diverse needs of individuals, small businesses, and municipalities within its market area.

Operating primarily in Central and Upstate New York, Hanover Bancorp maintains a network of branches and loan production offices designed to serve local communities. The company’s longstanding presence in the region underscores its commitment to supporting economic growth and delivering personalized financial solutions.

AI Generated. May Contain Errors.

Hanover Bancorp Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
76th Percentile Overall Score

HNVR MarketRank™: 

Hanover Bancorp scored higher than 76% of companies evaluated by MarketBeat, and ranked 352nd out of 877 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 2.25, and is based on no strong buy ratings, 1 buy rating, 3 hold ratings, and no sell ratings.

  • Upside/Downside

    The consensus price target for Hanover Bancorp is close to its current price, suggesting limited near-term upside or downside.

  • 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 20.83% in the coming year, from $2.40 to $2.90 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Hanover Bancorp is 20.82, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 39.92.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Hanover Bancorp is 20.82, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 20.08.

  • Price to Book Value per Share Ratio

    Hanover Bancorp has a P/B Ratio of 0.97. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    1.67% 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 1.8, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Hanover Bancorp has recently increased by 41.09%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    Hanover Bancorp pays a meaningful dividend of 1.51%, 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 31.50%. 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 13.79% next year. This indicates that Hanover Bancorp will be able to sustain or increase its dividend.

  • Read more about Hanover Bancorp's dividend.
  • News Sentiment

    Hanover Bancorp has a news sentiment score of 0.81. 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 news sentiment score is similar to the average news sentiment of Finance companies.
  • News Coverage This Week

    MarketBeat has tracked 7 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.
  • MarketBeat Follows

    1 people have added Hanover Bancorp to their MarketBeat watchlist in the last 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Hanover Bancorp insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $105,240.00 in company stock.

  • Percentage Held by Insiders

    24.38% 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

    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

A letter from Shannon Stansberry
Porter Stansberry nearly canceled the entire project. When he first saw the claimed returns - only one down year in nearly two decades and total gains of almost 2,000% - his immediate reaction was disbelief. It took a trusted friend's personal vouching for Emmet Savage and a face-to-face trip to Ireland to change his mind. The full documentary, Investigating Project Prophet, is now live.tc pixel
Hanover Bancorp, Inc. /MD Q2 2026 Earnings
Hanover Bancorp, Inc. Appoints Kevin O’Connor President
See More Headlines

HNVR Stock Analysis - Frequently Asked Questions

Hanover Bancorp's stock was trading at $23.11 at the beginning of 2026. Since then, HNVR shares have increased by 14.5% and is now trading at $26.45.

Hanover Bancorp, Inc. (NASDAQ:HNVR) issued its quarterly earnings results on Thursday, July, 23rd. The company reported $0.58 EPS for the quarter, topping the consensus estimate of $0.57 by $0.02. The company earned $19.57 million during the quarter, compared to the consensus estimate of $19.83 million. Hanover Bancorp had a net margin of 6.71% and a trailing twelve-month return on equity of 6.01%.

Hanover Bancorp (HNVR) raised $28 million in an initial public offering (IPO) on Wednesday, May 11th 2022. The company issued 1,275,000 shares at $21.00-$23.00 per share.

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

Record date for 5/18 Dividend
5/11/2026
Ex-Dividend for 5/18 Dividend
5/11/2026
Dividend Payable
5/18/2026
Last Earnings
7/23/2026
Today
7/31/2026
Record date for 8/13 Dividend
8/06/2026
Ex-Dividend for 8/13 Dividend
8/06/2026
Dividend Payable
8/13/2026
Fiscal Year End
12/31/2026

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Sector
Finance
Industry
Banks
Sub-Industry
Regional Banks
Current Symbol
NASDAQ:HNVR
CIK
1828588
Fax
N/A
Employees
160
Year Founded
N/A

Price Target and Rating

High Price Target
$28.50
Low Price Target
$24.00
Potential Upside/Downside
-0.3%
Consensus Rating
Hold
Rating Score (0-4)
2.25
Research Coverage
4 Analysts

Profitability

EPS (Trailing Twelve Months)
$1.27
Trailing P/E Ratio
20.75
Forward P/E Ratio
10.97
P/E Growth
N/A
Net Income
$7.49 million
Net Margins
6.71%
Pretax Margin
7.87%
Return on Equity
6.01%
Return on Assets
0.50%

Debt

Debt-to-Equity Ratio
0.30
Current Ratio
1.05
Quick Ratio
1.05

Sales & Book Value

Annual Sales
$143.32 million
Price / Sales
1.32
Cash Flow
$1.97 per share
Price / Cash Flow
13.36
Book Value
$27.14 per share
Price / Book
0.97

Miscellaneous

Outstanding Shares
7,160,000
Free Float
5,412,000
Market Cap
$188.49 million
Optionable
Not Optionable
Beta
0.11
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This page (NASDAQ:HNVR) was last updated on 7/31/2026 by MarketBeat.com Staff.
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