NASDAQ:HONEHarborOne Bancorp Stock Price, Forecast & News

$8.17

-0.04 (-0.49 %)

(As of 07/3/2020 04:00 PM ET)

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Today's Range

$8.15

Now: $8.17▼

$8.45

50-Day Range

$7.17

MA: $8.29▼

$9.54

52-Week Range

$6.45

Now: $8.17▼

$11.20

Volume165,184 shs

Average Volume484,675 shs

Market Capitalization$477.29 million

P/E Ratio21.30

Dividend YieldN/A

Beta0.89

HarborOne Bancorp, Inc. operates as the holding company for HarborOne Bank that provides financial services to individuals, families, small and middle-market businesses, and municipalities throughout Southeastern New England. Its primary deposit products include checking, money market, savings, and term certificate of deposit accounts; and lending products comprise commercial real estate loans, commercial loans, construction loans, one- to four-family residential real estate loans, second mortgages and equity lines of credit, and auto and other consumer loans. The company, through its subsidiary, Merrimack Mortgage Company, LLC, also originates, sells, and services residential mortgage loans. As of December 31, 2017, it operated 14 full-service branches, 2 limited service branches, 1 commercial loan office, 1 lending office, and 13 free-standing ATMs. In addition, the company offers a range of educational services through 'HarborOne U,' with classes on small business, financial literacy, and personal enrichment. HarborOne Bancorp, Inc. was founded in 1917 and is based in Brockton, Massachusetts. HarborOne Bancorp, Inc. is a subsidiary of Harborone Mutual Bancshares, Mhc.

Beat the Market (BTM) Rank^™

2.3 Analyst's Opinion

Consensus Rating
HarborOne Bancorp has received a consensus rating of Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $9.75, HarborOne Bancorp has a potential upside of 19.3% from its current price of $8.17.
Amount of Analyst Coverage
HarborOne Bancorp has only been the subject of 2 research reports in the past 90 days.

2.6 Community Rank

Outperform Votes
HarborOne Bancorp has received 254 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
HarborOne Bancorp has received 237 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
HarborOne Bancorp has received 51.73% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about HarborOne Bancorp and other stocks. Vote “Outperform” if you believe HONE will outperform the S&P 500 over the long term. Vote “Underperform” if you believe HONE will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
HarborOne Bancorp does not currently pay a dividend.
Dividend Growth
HarborOne Bancorp does not have a long track record of dividend growth.

4.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, HarborOne Bancorp insiders have bought more of their company's stock than they have sold. Specifically, they have bought $100,800.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 3.25% of the stock of HarborOne Bancorp is held by insiders.
Percentage Held by Institutions
49.37% of the stock of HarborOne Bancorp is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3 Earnings and Valuation

Earnings Growth
Earnings for HarborOne Bancorp are expected to grow by 3.57% in the coming year, from $0.28 to $0.29 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of HarborOne Bancorp is 21.30, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 16.72.
Price to Earnings Ratio vs. Sector
The P/E ratio of HarborOne Bancorp is 21.30, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 16.79.
Price to Book Value per Share Ratio
HarborOne Bancorp has a P/B Ratio of 0.72. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.04 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry State commercial banks

Sub-IndustryN/A

SectorFinance

Current SymbolNASDAQ:HONE

Previous Symbol

CUSIPN/A

CIK1668224

Webwww.harborone.com

Phone508-895-1000

Debt

Debt-to-Equity Ratio0.32

Current Ratio1.13

Quick Ratio1.09

Price-To-Earnings

Trailing P/E Ratio21.30

Forward P/E Ratio29.18

P/E GrowthN/A

Sales & Book Value

Annual Sales$215.76 million

Price / Sales2.21

Cash Flow$0.49 per share

Price / Cash Flow16.81

Book Value$11.40 per share

Price / Book0.72

Profitability

EPS (Most Recent Fiscal Year)$0.33

Net Income$18.27 million

Net Margins9.30%

Return on Equity3.53%

Return on Assets0.53%

Miscellaneous

Employees658

Outstanding Shares58,420,000

Market Cap$477.29 million

Next Earnings Date7/23/2020 (Estimated)

OptionableNot Optionable

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HarborOne Bancorp (NASDAQ:HONE) Frequently Asked Questions

How has HarborOne Bancorp's stock been impacted by COVID-19 (Coronavirus)?

HarborOne Bancorp's stock was trading at $8.95 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, HONE stock has decreased by 8.7% and is now trading at $8.17. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of HarborOne Bancorp?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for HarborOne Bancorp in the last year. There are currently 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for HarborOne Bancorp.

When is HarborOne Bancorp's next earnings date?

HarborOne Bancorp is scheduled to release its next quarterly earnings announcement on Thursday, July 23rd 2020. View our earnings forecast for HarborOne Bancorp.

How were HarborOne Bancorp's earnings last quarter?

HarborOne Bancorp Inc (NASDAQ:HONE) released its earnings results on Monday, April, 27th. The financial services provider reported $0.09 earnings per share for the quarter, topping the consensus estimate of $0.08 by $0.01. The financial services provider earned $45.57 million during the quarter, compared to analysts' expectations of $46.55 million. HarborOne Bancorp had a return on equity of 3.53% and a net margin of 9.30%. View HarborOne Bancorp's earnings history.

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

HarborOne Bancorp declared a quarterly dividend on Wednesday, July 1st. Investors of record on Tuesday, July 14th will be paid a dividend of $0.03 per share on Tuesday, July 28th. This represents a $0.12 annualized dividend and a yield of 1.47%. The ex-dividend date is Monday, July 13th. View HarborOne Bancorp's dividend history.

What price target have analysts set for HONE?

3 brokers have issued 1 year price objectives for HarborOne Bancorp's stock. Their forecasts range from $9.50 to $10.00. On average, they expect HarborOne Bancorp's stock price to reach $9.75 in the next year. This suggests a possible upside of 19.3% from the stock's current price. View analysts' price targets for HarborOne Bancorp.

Has HarborOne Bancorp been receiving favorable news coverage?

Media headlines about HONE stock have trended negative this week, according to InfoTrie Sentiment Analysis. The research firm rates the sentiment of media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. HarborOne Bancorp earned a news impact score of -2.2 on InfoTrie's scale. They also assigned media headlines about the financial services provider a news buzz of 5.0 out of 10, meaning that recent media coverage is somewhat likely to have an effect on the stock's share price in the near future. View the latest news about HarborOne Bancorp.

Who are some of HarborOne Bancorp's key competitors?

Some companies that are related to HarborOne Bancorp include International Bancshares (IBOC), ServisFirst Bancshares (SFBS), Independent Bank Group (IBTX), Hilltop (HTH), South State (SSB), Ameris Bancorp (ABCB), United Community Banks (UCBI), Texas Capital Bancshares (TCBI), Renasant (RNST), TowneBank (TOWN), Banner (BANR), Pacific Premier Bancorp (PPBI), First Bancorp (FBP), Heartland Financial USA (HTLF) and Lakeland Financial (LKFN). View all competitors.

What other stocks do shareholders of HarborOne Bancorp own?

Based on aggregate information from My MarketBeat watchlists, some companies that other HarborOne Bancorp investors own include MannKind (MNKD), PCSB Financial (PCSB), Plug Power (PLUG), Cronos Group (CRON), Neovasc (NVCN), Rexahn Pharmaceuticals (REXN), Pure Storage (PSTG), Blue Hills Bancorp (BHBK), Eleven Biotherapeutics (EBIO) and Freeport-McMoRan (FCX).

Who are HarborOne Bancorp's key executives?

HarborOne Bancorp's management team includes the following people:

Mr. James W. Blake, CEO, Sec., Clerk & Director (Age 68)
Mr. Joseph F. Casey, Pres, COO & Director (Age 58)
Mr. David B. Reilly, Sr. VP of Operations (Age 53)
Ms. Linda Haber Simmons, Sr. VP & CFO (Age 59)
Mr. Wayne F. Dunn, Sr. VP & Chief Technology Officer (Age 63)

What is HarborOne Bancorp's stock symbol?

HarborOne Bancorp trades on the NASDAQ under the ticker symbol "HONE."

How do I buy shares of HarborOne Bancorp?

Shares of HONE can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is HarborOne Bancorp's stock price today?

One share of HONE stock can currently be purchased for approximately $8.17.

How big of a company is HarborOne Bancorp?

HarborOne Bancorp has a market capitalization of $477.29 million and generates $215.76 million in revenue each year. The financial services provider earns $18.27 million in net income (profit) each year or $0.33 on an earnings per share basis. HarborOne Bancorp employs 658 workers across the globe.

What is HarborOne Bancorp's official website?

The official website for HarborOne Bancorp is www.harborone.com.

How can I contact HarborOne Bancorp?

HarborOne Bancorp's mailing address is 770 OAK STREET, BROCKTON MA, 02301. The financial services provider can be reached via phone at 508-895-1000 or via email at [email protected]

This page was last updated on 7/5/2020 by MarketBeat.com Staff

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