HarborOne Bancorp - HONE Stock Forecast, Price & News

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for HarborOne Bancorp in the last year. There are currently 2 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" HONE shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in HONE, but not buy additional shares or sell existing shares.
View HONE analyst ratings or view top-rated stocks.

2 equities research analysts have issued 12-month target prices for HarborOne Bancorp's stock. Their HONE share price forecasts range from $13.50 to $14.00. On average, they expect the company's share price to reach $13.75 in the next year. This suggests a possible upside of 12.9% from the stock's current price.
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HarborOne Bancorp's stock was trading at $13.90 on January 1st, 2023. Since then, HONE shares have decreased by 12.4% and is now trading at $12.18.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, April 27th 2023.
View our HONE earnings forecast.

HarborOne Bancorp, Inc. (NASDAQ:HONE) announced its quarterly earnings data on Thursday, January, 26th. The financial services provider reported $0.21 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.29 by $0.08. The financial services provider had revenue of $49.09 million for the quarter, compared to the consensus estimate of $53.80 million. HarborOne Bancorp had a net margin of 19.89% and a trailing twelve-month return on equity of 7.29%.

HarborOne Bancorp declared a quarterly dividend on Wednesday, December 21st. Stockholders of record on Tuesday, January 3rd will be paid a dividend of $0.07 per share on Tuesday, January 17th. This represents a $0.28 annualized dividend and a dividend yield of 2.30%. The ex-dividend date is Friday, December 30th.
Read our dividend analysis for HONE.

ETFs with the largest weight of HarborOne Bancorp (NASDAQ:HONE) stock in their portfolio include iShares US Small Cap Value Factor ETF (SVAL), First Trust NASDAQ ABA Community Bank Index Fund (QABA), SPDR SSGA US Small Cap Low Volatility Index ETF (SMLV), iShares MSCI USA Small-Cap Min Vol Factor ETF (SMMV), Vanguard US Multifactor ETF (VFMF), Vanguard U.S. Minimum Volatility ETF (VFMV) and SPDR S&P Regional Banking ETF (KRE).Direxion Daily Regional Banks Bull 3x Shares (DPST).

HarborOne Bancorp (NASDAQ:HONE) pays an annual dividend of $0.28 per share and currently has a dividend yield of 2.27%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 28.87%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HONE will have a dividend payout ratio of 24.78% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for HONE.

Based on aggregate information from My MarketBeat watchlists, some companies that other HarborOne Bancorp investors own include PCSB Financial (PCSB), Pure Storage (PSTG), Blue Hills Bancorp (BHBK), Freeport-McMoRan (FCX), General Electric (GE), Huntington Bancshares (HBAN), HomeTrust Bancshares (HTBI), KeyCorp (KEY), Kearny Financial (KRNY) and New York Community Bancorp (NYCB).

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

HarborOne Bancorp's stock is owned by a variety of institutional and retail investors. Top institutional investors include T. Rowe Price Investment Management Inc. (9.97%), Alliancebernstein L.P. (6.22%), Dimensional Fund Advisors LP (4.58%), Geode Capital Management LLC (1.70%), Driehaus Capital Management LLC (1.52%) and Millennium Management LLC (0.95%). Insiders that own company stock include Barry R Koretz, David E Tryder, Gordon Jezard, James W Blake, Joseph E Mcquade and Joseph F Casey.
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Shares of HONE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of HONE stock can currently be purchased for approximately $12.18.

HarborOne Bancorp (NASDAQ:HONE) has a market capitalization of $588.05 million and generates $229.24 million in revenue each year. The financial services provider earns $45.59 million in net income (profit) each year or $0.97 on an earnings per share basis.

The company employs 635 workers across the globe.

HarborOne Bancorp's mailing address is 770 OAK STREET, BROCKTON MA, 02301. The official website for the company is www.harborone.com. The financial services provider can be reached via phone at (508) 895-1000 or via email at jcasey@harborone.com.