NASDAQ:HTBKHeritage Commerce Stock Price, Forecast & News

Heritage Commerce's stock was trading at $8.26 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, HTBK shares have decreased by 17.7% and is now trading at $6.80.
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5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Heritage Commerce in the last year. There are currently 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Heritage Commerce.

Heritage Commerce is scheduled to release its next quarterly earnings announcement on Thursday, October 22nd 2020.
View our earnings forecast for Heritage Commerce.

Heritage Commerce Corp. (NASDAQ:HTBK) posted its quarterly earnings results on Thursday, July, 23rd. The financial services provider reported $0.18 EPS for the quarter, topping the consensus estimate of $0.12 by $0.06. The financial services provider earned $37.02 million during the quarter, compared to analyst estimates of $38.46 million. Heritage Commerce had a return on equity of 8.15% and a net margin of 17.94%.
View Heritage Commerce's earnings history.

Heritage Commerce declared a quarterly dividend on Thursday, July 23rd. Shareholders of record on Thursday, August 6th will be paid a dividend of $0.13 per share on Thursday, August 20th. This represents a $0.52 dividend on an annualized basis and a yield of 7.65%. The ex-dividend date of this dividend is Wednesday, August 5th.
View Heritage Commerce's dividend history.

5 brokers have issued 1-year target prices for Heritage Commerce's stock. Their forecasts range from $9.00 to $15.00. On average, they anticipate Heritage Commerce's stock price to reach $10.75 in the next twelve months. This suggests a possible upside of 58.1% from the stock's current price.
View analysts' price targets for Heritage Commerce.

News headlines about HTBK stock have trended somewhat negative on Wednesday, according to InfoTrie Sentiment Analysis. The research firm ranks the sentiment of news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Heritage Commerce earned a coverage optimism score of -1.0 on InfoTrie's scale. They also gave media stories about the financial services provider a news buzz of 5.0 out of 10, meaning that recent news coverage is somewhat likely to have an impact on the stock's share price in the near future.
View the latest news about Heritage Commerce.

Some companies that are related to Heritage Commerce include Truist Financial (TFC), PNC Financial Services Group (PNC), First Republic Bank (FRC), Fifth Third Bancorp (FITB), M&T Bank (MTB), KeyCorp (KEY), SVB Financial Group (SIVB), Regions Financial (RF), Huntington Bancshares (HBAN), Commerce Bancshares (CBSH), Signature Bank (SBNY), Zions Bancorporation NA (ZION), Prosperity Bancshares (PB), East West Bancorp (EWBC) and Cullen/Frost Bankers (CFR).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Heritage Commerce investors own include Marathon Petroleum (MPC), Verizon Communications (VZ), AbbVie (ABBV), Automatic Data Processing (ADP), Alibaba Group (BABA), Alphabet (GOOG), AT&T (T), Intel (INTC), Johnson & Johnson (JNJ) and Pfizer (PFE).

Heritage Commerce trades on the NASDAQ under the ticker symbol "HTBK."

Heritage Commerce's stock is owned by a variety of retail and institutional investors. Top institutional investors include Assenagon Asset Management S.A. (0.50%), Ziegler Capital Management LLC (0.15%), North Star Investment Management Corp. (0.11%), UBS Group AG (0.10%), Guardian Investment Management (0.07%) and First Trust Advisors LP (0.04%). Company insiders that own Heritage Commerce stock include Jack W Conner, Jason Philip Dinapoli, Keith Wilton, Michael Eugene Benito, Robert Moles, Steven L Hallgrimson and Walter Theodore Kaczmarek.
View institutional ownership trends for Heritage Commerce.

HTBK stock was sold by a variety of institutional investors in the last quarter, including Ziegler Capital Management LLC, Janney Montgomery Scott LLC, First Trust Advisors LP, Guardian Investment Management, and UBS Group AG. Company insiders that have sold Heritage Commerce company stock in the last year include Keith Wilton, and Michael Eugene Benito.
View insider buying and selling activity for Heritage Commerce.

HTBK stock was purchased by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., North Star Investment Management Corp., SG Americas Securities LLC, Zurcher Kantonalbank Zurich Cantonalbank , and Stone Ridge Asset Management LLC. Company insiders that have bought Heritage Commerce stock in the last two years include Jack W Conner, Jason Philip Dinapoli, and Steven L Hallgrimson.
View insider buying and selling activity for Heritage Commerce.

Shares of HTBK 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.

One share of HTBK stock can currently be purchased for approximately $6.80.

Heritage Commerce has a market capitalization of $406.23 million and generates $152.90 million in revenue each year. The financial services provider earns $40.46 million in net income (profit) each year or $1.07 on an earnings per share basis. Heritage Commerce employs 309 workers across the globe.

The official website for Heritage Commerce is www.heritagecommercecorp.com.

Heritage Commerce's mailing address is 150 ALMADEN BOULEVARD, SAN JOSE CA, 95113. The financial services provider can be reached via phone at 408-947-6900.