NASDAQ:HTBK - Heritage Commerce Stock Price, Forecast & News

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

Heritage Commerce announced a quarterly dividend on Thursday, October 24th. Stockholders of record on Tuesday, November 5th will be given a dividend of $0.12 per share on Tuesday, November 19th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 3.89%. The ex-dividend date is Monday, November 4th. View Heritage Commerce's Dividend History.

Heritage Commerce Corp. (NASDAQ:HTBK) released its quarterly earnings data on Thursday, October, 24th. The financial services provider reported $0.26 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.26 by $0.00. The financial services provider had revenue of $33.24 million for the quarter, compared to the consensus estimate of $33.99 million. Heritage Commerce had a return on equity of 12.91% and a net margin of 32.92%. View Heritage Commerce's Earnings History.

Heritage Commerce is scheduled to release their next quarterly earnings announcement on Thursday, January 23rd 2020. View Earnings Estimates for Heritage Commerce.

1 analysts have issued twelve-month target prices for Heritage Commerce's shares. Their forecasts range from $16.00 to $16.00. On average, they expect Heritage Commerce's stock price to reach $16.00 in the next twelve months. This suggests a possible upside of 29.7% from the stock's current price. View Analyst Price Targets for Heritage Commerce.

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Heritage Commerce in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Heritage Commerce.

Headlines about HTBK stock have trended somewhat positive on Friday, according to InfoTrie Sentiment. The research group identifies negative and positive press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Heritage Commerce earned a media sentiment score of 1.3 on InfoTrie's scale. They also assigned news headlines about the financial services provider a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the near future. View News Stories for Heritage Commerce.

Heritage Commerce saw a decrease in short interest in November. As of November 15th, there was short interest totalling 363,200 shares, a decrease of 82.3% from the October 31st total of 2,050,000 shares. Based on an average daily volume of 218,000 shares, the days-to-cover ratio is presently 1.7 days. Currently, 0.9% of the shares of the company are short sold. View Heritage Commerce's Current Options Chain.

Some companies that are related to Heritage Commerce include PNC Financial Services Group (PNC), BB&T (BBT), SunTrust Banks (STI), M&T Bank (MTB), Fifth Third Bancorp (FITB), KeyCorp (KEY), First Republic Bank (FRC), Regions Financial (RF), Huntington Bancshares (HBAN), SVB Financial Group (SIVB), Zions Bancorporation NA (ZION), Commerce Bancshares (CBSH), Signature Bank (SBNY), East West Bancorp (EWBC) and BOK Financial (BOKF).

Based on aggregate information from My MarketBeat watchlists, some companies that other Heritage Commerce investors own include Automatic Data Processing (ADP), Alphabet (GOOG), Alibaba Group (BABA), Lam Research (LRCX), salesforce.com (CRM), Johnson & Johnson (JNJ), Centerstate Bank (CSFL), Cognizant Technology Solutions (CTSH), Cypress Semiconductor (CY) and Denny's (DENN).

Heritage Commerce's stock is owned by many different of institutional and retail investors. Top institutional shareholders include State Street Corp (1.62%), Millennium Management LLC (0.42%), Security National Bank (0.52%), Siena Capital Partners GP LLC (0.47%), Assenagon Asset Management S.A. (0.41%) and Public Employees Retirement System of Ohio (0.18%). 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 Millennium Management LLC, Assenagon Asset Management S.A., First Trust Advisors LP, Teton Advisors Inc., Barclays PLC, Boston Private Wealth LLC, Squarepoint Ops LLC and Palouse Capital Management Inc.. Company insiders that have sold Heritage Commerce company stock in the last year include Keith Wilton, Robert Moles and Walter Theodore Kaczmarek. View Insider Buying and Selling for Heritage Commerce.

HTBK stock was bought by a variety of institutional investors in the last quarter, including Siena Capital Partners GP LLC, State Street Corp, Systematic Financial Management LP, Russell Investments Group Ltd., California Public Employees Retirement System, Public Employees Retirement System of Ohio, Patriot Financial Partners GP LP and Campbell & CO Investment Adviser 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 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 $12.34.

Heritage Commerce has a market capitalization of $730.53 million and generates $139.42 million in revenue each year. The financial services provider earns $35.33 million in net income (profit) each year or $1.06 on an earnings per share basis. Heritage Commerce employs 309 workers across the globe.View Additional Information About Heritage Commerce.

The official website for Heritage Commerce is http://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.