Heritage Commerce Stock Forecast, Price & News

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Heritage Commerce in the last twelve months. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Heritage Commerce stock.
View analyst ratings for Heritage Commerce or view top-rated stocks.

Wall Street analysts have given Heritage Commerce a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Heritage Commerce wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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Heritage Commerce saw a increase in short interest in July. As of July 15th, there was short interest totaling 1,480,000 shares, an increase of 65.0% from the June 30th total of 896,700 shares. Based on an average daily volume of 224,900 shares, the short-interest ratio is currently 6.6 days. Approximately 2.6% of the shares of the stock are sold short.
View Heritage Commerce's Short Interest.

Heritage Commerce is scheduled to release its next quarterly earnings announcement on Thursday, October 28th 2021.
View our earnings forecast for Heritage Commerce.

Heritage Commerce Corp (NASDAQ:HTBK) issued its earnings results on Thursday, July, 22nd. The financial services provider reported $0.15 EPS for the quarter, missing the Zacks' consensus estimate of $0.18 by $0.03. Heritage Commerce had a trailing twelve-month return on equity of 7.43% and a net margin of 27.65%.
View Heritage Commerce's earnings history.

Heritage Commerce's stock was trading at $8.26 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, HTBK stock has increased by 32.2% and is now trading at $10.92.
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Heritage Commerce announced a quarterly dividend on Thursday, July 22nd. Investors of record on Thursday, August 12th will be paid a dividend of $0.13 per share on Thursday, August 26th. This represents a $0.52 annualized dividend and a dividend yield of 4.76%. The ex-dividend date of this dividend is Wednesday, August 11th.
View Heritage Commerce's dividend history.

Heritage Commerce pays an annual dividend of $0.52 per share and currently has a dividend yield of 4.73%. HTBK has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Heritage Commerce does not yet have a strong track record of dividend growth. The dividend payout ratio of Heritage Commerce is 82.54%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, Heritage Commerce will have a dividend payout ratio of 71.23% next year. This indicates that Heritage Commerce will be able to sustain or increase its dividend.
View Heritage Commerce's dividend history.

3 brokers have issued 12 month price objectives for Heritage Commerce's stock. Their forecasts range from $8.00 to $13.00. On average, they expect Heritage Commerce's share price to reach $10.17 in the next twelve months. This suggests that the stock has a possible downside of 6.9%.
View analysts' price targets for Heritage Commerce or view top-rated stocks among Wall Street analysts.

Some companies that are related to Heritage Commerce include The PNC Financial Services Group (PNC), Truist Financial (TFC), First Republic Bank (FRC), SVB Financial Group (SIVB), Fifth Third Bancorp (FITB), KeyCorp (KEY), Regions Financial (RF), M&T Bank (MTB), Huntington Bancshares (HBAN), Signature Bank (SBNY), East West Bancorp (EWBC), Western Alliance Bancorporation (WAL), First Horizon (FHN), Commerce Bancshares (CBSH) and Zions Bancorporation, National Association (ZION).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Heritage Commerce investors own include AT&T (T), Enterprise Products Partners (EPD), AbbVie (ABBV), Huntington Bancshares (HBAN), Pfizer (PFE), Verizon Communications (VZ), Energy Transfer (ET), Marathon Petroleum (MPC), Automatic Data Processing (ADP) and Advanced Micro Devices (AMD).

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

Shares of HTBK 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 HTBK stock can currently be purchased for approximately $10.92.

Heritage Commerce has a market capitalization of $656.32 million and generates $160.39 million in revenue each year. The financial services provider earns $35.30 million in net income (profit) each year or $0.63 on an earnings per share basis.

Heritage Commerce employs 325 workers across the globe.

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

Heritage Commerce is headquartered at 150 ALMADEN BOULEVARD, SAN JOSE CA, 95113.

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.