NASDAQ:HTBK - Heritage Commerce Stock Price, News, & Analysis Sign in or create an account to add this stock to your watchlist. Get Started $11.57 -0.66 (-5.40 %) (As of 03/24/2019 04:00 PM ET)Previous Close$11.57Today's Range$11.54 - $12.1352-Week Range$10.84 - $18.10Volume157,396 shsAverage Volume118,334 shsMarket Capitalization$500.98 millionP/E Ratio10.92Dividend Yield4.15%Beta0.9 ProfileDiscussionAnalyst RatingsChartDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media Share on FacebookShare on TwitterShare on LinkedInShare on RedditShare on StocktwitsPrint this articleShare by Email Heritage Commerce Corp operates as the bank holding company for Heritage Bank of Commerce that provides various commercial and personal banking services to residents and the business/professional community in California. It offers a range of deposit products for business banking and retail markets, including interest and non-interest bearing demand, savings accounts, certificate of deposit, money market accounts, and time deposits. The company also provides various loan products comprising commercial loans, such as operating secured and unsecured loans advanced for working capital, equipment purchases, and other business purposes; commercial real estate loans; commercial construction loans for rental properties, commercial buildings, and homes; home equity lines of credit; consumer loans consisting of loans for financing automobiles, various consumer goods, and other personal purposes; and small business administration loans. In addition, it offers other banking services, including cashier's checks, bank-by-mail, ATMs, night depositories, safe deposit boxes, direct deposit, automated payroll, electronic funds transfer, online banking, online bill pay, homeowner association, remote deposit capture, automated clearing house origination, electronic data interchange, and check imaging services, as well as other customary banking and factoring financing services. The company provides its banking products and services through 11 full service branch offices in the southern and eastern regions of the general San Francisco Bay Area of California in the counties of Santa Clara, Alameda, Contra Costa, and San Benito. Heritage Commerce Corp was founded in 1997 and is based in San Jose, California. Receive HTBK News and Ratings via Email Sign-up to receive the latest news and ratings for HTBK and its competitors with MarketBeat's FREE daily newsletter. Industry, Sector and Symbol Stock Exchange NASDAQ Industry State commercial banks Sub-IndustryRegional Banks SectorFinance Current SymbolNASDAQ:HTBK Previous Symbol CUSIP42692710 CIK1053352 Webwww.heritagecommercecorp.com Phone408-947-6900Debt Debt-to-Equity Ratio0.11 Current Ratio0.72 Quick Ratio0.72Price-To-Earnings Trailing P/E Ratio10.92 Forward P/E Ratio9.48 P/E Growth1.36 Sales & Book Value Annual Sales$139.42 million Price / Sales3.59 Cash Flow$1.2090 per share Price / Cash Flow9.57 Book Value$8.49 per share Price / Book1.36Profitability EPS (Most Recent Fiscal Year)$1.06 Net Income$35.33 million Net Margins25.34% Return on Equity13.05% Return on Assets1.43%Miscellaneous EmployeesN/A Outstanding Shares43,300,000Market Cap$500.98 million Next Earnings Date4/25/2019 (Estimated) OptionableOptionable Heritage Commerce (NASDAQ:HTBK) Frequently Asked Questions What is Heritage Commerce's stock symbol? Heritage Commerce trades on the NASDAQ under the ticker symbol "HTBK." How often does Heritage Commerce pay dividends? What is the dividend yield for Heritage Commerce? Heritage Commerce announced a quarterly dividend on Friday, January 25th. Shareholders of record on Thursday, February 7th will be given a dividend of $0.12 per share on Thursday, February 21st. This represents a $0.48 annualized dividend and a dividend yield of 4.15%. The ex-dividend date is Wednesday, February 6th. This is a positive change from Heritage Commerce's previous quarterly dividend of $0.11. View Heritage Commerce's Dividend History. How were Heritage Commerce's earnings last quarter? Heritage Commerce Corp. (NASDAQ:HTBK) released its quarterly earnings results on Thursday, January, 24th. The financial services provider reported $0.30 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.28 by $0.02. The financial services provider had revenue of $35.45 million for the quarter, compared to the consensus estimate of $35.17 million. Heritage Commerce had a net margin of 25.34% and a return on equity of 13.05%. View Heritage Commerce's Earnings History. When is Heritage Commerce's next earnings date? Heritage Commerce is scheduled to release their next quarterly earnings announcement on Thursday, April 25th 2019. View Earnings Estimates for Heritage Commerce. What price target have analysts set for HTBK? 3 brokerages have issued 12 month price targets for Heritage Commerce's stock. Their predictions range from $16.00 to $19.00. On average, they anticipate Heritage Commerce's stock price to reach $18.00 in the next twelve months. This suggests a possible upside of 55.6% from the stock's current price. View Analyst Price Targets for Heritage Commerce. What is the consensus analysts' recommendation for Heritage Commerce? 3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Heritage Commerce in the last year. There are currently 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Heritage Commerce. What are Wall Street analysts saying about Heritage Commerce stock? Here are some recent quotes from research analysts about Heritage Commerce stock: 1. According to Zacks Investment Research, "Heritage Commerce Corp. is the holding company of Heritage Bank of Commerce, Heritage Bank East Bay, Heritage Bank South Valley and Bank of Los Altos. The company offers a range of loans, primarily commercial, including real estate, construction, Small Business Administration), inventory and accounts receivable, and equipment loans. The company also accepts checking, savings, and time deposits; NOW and money market deposit accounts; and provides travelers' checks, safe deposit, and other customary non-deposit banking services. " (1/25/2019) 2. Brean Capital analysts commented, "We calculate operating EPS of $0.13, which compares to our estimate of $0.16 and included the impact of the previously announced specific reserve of $6.1M. Q2 was a noisy one, with the closing of two acquisitions, the aforementioned specific reserve and another individual credit issue which cost a penny. In addition, our expense estimate was also too optimistic, as systems conversion for the two deals occurred later in the quarter, resulting in no material cost savings being realized. While quarterly comparisons are difficult, we are encouraged by the company’s 10% annualized legacy loan growth and core NIM expansion of 9 bps. We expect Q3 should present a cleaner view into the company’s attractive earnings power, which, combined with balance sheet flexibility, a high-quality commercial customer base and enhanced scarcity value, is deserving of a premium valuation, in our view." (7/27/2018) Has Heritage Commerce been receiving favorable news coverage? Press coverage about HTBK stock has been trending neutral this week, InfoTrie reports. The research firm rates the sentiment of press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded 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 0.2 on InfoTrie's scale. They also assigned press coverage about the financial services provider a news buzz of 3.0 out of 10, indicating that recent press coverage is unlikely to have an effect on the company's share price in the next few days. Who are some of Heritage Commerce's key competitors? Some companies that are related to Heritage Commerce include Renasant (RNST), United Community Banks (UCBI), Banner (BANR), Independent Bank (INDB), Great Western Bancorp (GWB), TowneBank (TOWN), ServisFirst Bancshares (SFBS), Eagle Bancorp (EGBN), Hilltop (HTH), Ameris Bancorp (ABCB), Pacific Premier Bancorp (PPBI), Heartland Financial USA (HTLF), First Busey (BUSE), Seacoast Banking Co. of Florida (SBCF) and S & T Bancorp (STBA). What other stocks do shareholders of Heritage Commerce own? Based on aggregate information from My MarketBeat watchlists, some companies that other Heritage Commerce investors own include Alphabet (GOOG), Alibaba Group (BABA), Valley National Bancorp (VLY), Cognizant Technology Solutions (CTSH), Kinder Morgan (KMI), Oasis Petroleum (OAS), Netflix (NFLX), JetBlue Airways (JBLU), Lam Research (LRCX) and General Electric (GE). Who are Heritage Commerce's key executives? Heritage Commerce's management team includes the folowing people: Mr. Walter T. Kaczmarek, Pres, CEO & Director (Age 67)Mr. Keith A. Wilton, Exec. VP & COO (Age 61)Mr. Lawrence D. McGovern, Exec. VP & CFO (Age 64)Ms. Margo G. Butsch, Exec. VP & Chief Credit Officer for Heritage Bank of Commerce (Age 55)Mr. Michael Eugene Benito, Exec. VP of Banking Division - Heritage Bank of Commerce (Age 58) Who are Heritage Commerce's major shareholders? Heritage Commerce's stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (7.00%), Dimensional Fund Advisors LP (5.13%), Dimensional Fund Advisors LP (5.13%), Thrivent Financial for Lutherans (4.83%), Northern Trust Corp (1.11%) and Geode Capital Management LLC (1.01%). Company insiders that own Heritage Commerce stock include J Philip Dinapoli, Jack W Conner, Jason Philip Dinapoli, Keith Wilton, Komas Julianne M Biagini, Michael Eugene Benito, Robert Moles, Steven L Hallgrimson and Walter Theodore Kaczmarek. View Institutional Ownership Trends for Heritage Commerce. Which institutional investors are selling Heritage Commerce stock? HTBK stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Phocas Financial Corp., Bank of America Corp DE, Lord Abbett & CO. LLC, GSA Capital Partners LLP, Penn Capital Management Co. Inc., New York State Common Retirement Fund and Prudential Financial Inc.. Company insiders that have sold Heritage Commerce company stock in the last year include Jack W Conner, Keith Wilton, Michael Eugene Benito, Robert Moles and Walter Theodore Kaczmarek. View Insider Buying and Selling for Heritage Commerce. Which institutional investors are buying Heritage Commerce stock? HTBK stock was purchased by a variety of institutional investors in the last quarter, including Thrivent Financial for Lutherans, Millennium Management LLC, Dimensional Fund Advisors LP, Dimensional Fund Advisors LP, Employees Retirement System of Texas, MUFG Securities EMEA plc, MUFG Securities EMEA plc and D. E. Shaw & Co. Inc.. Company insiders that have bought Heritage Commerce stock in the last two years include J Philip Dinapoli, Jack W Conner, Jason Philip Dinapoli and Steven L Hallgrimson. View Insider Buying and Selling for Heritage Commerce. How do I buy shares of 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, Scottrade, Fidelity and Charles Schwab. What is Heritage Commerce's stock price today? One share of HTBK stock can currently be purchased for approximately $11.57. How big of a company is Heritage Commerce? Heritage Commerce has a market capitalization of $500.98 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. What is Heritage Commerce's official website? The official website for Heritage Commerce is http://www.heritagecommercecorp.com. How can I contact Heritage Commerce? 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. MarketBeat Community Rating for Heritage Commerce (NASDAQ HTBK)Community Ranking: 2.3 out of 5 ( )Outperform Votes: 217 (Vote Outperform)Underperform Votes: 264 (Vote Underperform)Total Votes: 481MarketBeat's community ratings are surveys of what our community members think about Heritage Commerce and other stocks. Vote "Outperform" if you believe HTBK will outperform the S&P 500 over the long term. Vote "Underperform" if you believe HTBK will underperform the S&P 500 over the long term. You may vote once every thirty days. This page was last updated on 3/24/2019 by MarketBeat.com StaffFeatured Article: What is the return on assets (ROA) ratio?