S&P 500   4,686.75
DOW   35,719.43
QQQ   397.83
S&P 500   4,686.75
DOW   35,719.43
QQQ   397.83
S&P 500   4,686.75
DOW   35,719.43
QQQ   397.83
S&P 500   4,686.75
DOW   35,719.43
QQQ   397.83
NASDAQ:HTBK

Heritage Commerce Stock Forecast, Price & News

$11.17
-0.02 (-0.18%)
(As of 12/7/2021 12:00 AM ET)
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Today's Range
$11.12
$11.33
50-Day Range
$10.87
$12.34
52-Week Range
$8.52
$12.65
Volume
146,900 shs
Average Volume
240,935 shs
Market Capitalization
$673.22 million
P/E Ratio
14.70
Dividend Yield
4.65%
Beta
1.17
30 days | 90 days | 365 days | Advanced Chart
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Heritage Commerce logo

About Heritage Commerce

Heritage Commerce Corp. is a holding company, which engages in the provision of banking. It operates through the following Banking and Factoring segments. The Banking segment includes holding company's results of operations. The Factoring segment focuses on factoring originated by bay view funding. The company was founded in 1997 and is headquartered in San Jose, CA.

Headlines

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Industry, Sector and Symbol

Industry
State commercial banks
Sub-Industry
Regional Banks
Sector
Finance
Current Symbol
NASDAQ:HTBK
CUSIP
42692710
Employees
327
Year Founded
1994

Sales & Book Value

Annual Sales
$160.39 million
Cash Flow
$0.80 per share
Book Value
$9.79 per share

Profitability

Net Income
$35.30 million
Pretax Margin
39.53%

Debt

Price-To-Earnings

Miscellaneous

Free Float
57,600,000
Market Cap
$673.22 million
Optionable
Optionable

Company Calendar

Last Earnings
10/28/2021
Ex-Dividend
11/08/2021
Dividend Payable
11/23/2021
Today
12/08/2021
Fiscal Year End
12/31/2021
Next Earnings (Estimated)
1/27/2022

Social Links


MarketRank

Overall MarketRank

2.83 out of 5 stars

Finance Sector

104th out of 1,342 stocks

State Commercial Banks Industry

15th out of 233 stocks

Analyst Opinion: 1.3Community Rank: 4.1Dividend Strength: 4.2Insider Behavior: 3.3Valuation: 1.3 5 -4 -3 -2 -1 -












Heritage Commerce (NASDAQ:HTBK) Frequently Asked Questions

Is Heritage Commerce a buy right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Heritage Commerce in the last year. There are currently 1 hold rating and 1 buy rating 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.

How has Heritage Commerce's stock price been impacted by COVID-19 (Coronavirus)?

Heritage Commerce's stock was trading at $8.26 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, HTBK stock has increased by 35.2% and is now trading at $11.17.
View which stocks have been most impacted by COVID-19
.

Are investors shorting Heritage Commerce?

Heritage Commerce saw a drop in short interest during the month of November. As of November 15th, there was short interest totaling 577,400 shares, a drop of 20.4% from the October 31st total of 725,000 shares. Based on an average daily trading volume, of 134,500 shares, the days-to-cover ratio is presently 4.3 days. Approximately 1.0% of the company's stock are short sold.
View Heritage Commerce's Short Interest
.

When is Heritage Commerce's next earnings date?

Heritage Commerce is scheduled to release its next quarterly earnings announcement on Thursday, January 27th 2022.
View our earnings forecast for Heritage Commerce
.

How were Heritage Commerce's earnings last quarter?

Heritage Commerce Corp (NASDAQ:HTBK) announced its quarterly earnings results on Thursday, October, 28th. The financial services provider reported $0.23 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.21 by $0.02. The financial services provider had revenue of $40.59 million for the quarter, compared to the consensus estimate of $39.58 million. Heritage Commerce had a trailing twelve-month return on equity of 7.81% and a net margin of 28.64%.
View Heritage Commerce's earnings history
.

How often does Heritage Commerce pay dividends? What is the dividend yield for Heritage Commerce?

Heritage Commerce declared a quarterly dividend on Thursday, October 28th. Investors of record on Tuesday, November 9th will be given a dividend of $0.13 per share on Tuesday, November 23rd. This represents a $0.52 dividend on an annualized basis and a dividend yield of 4.66%. The ex-dividend date is Monday, November 8th.
View Heritage Commerce's dividend history
.

Is Heritage Commerce a good dividend stock?

Heritage Commerce pays an annual dividend of $0.52 per share and currently has a dividend yield of 4.65%. HTBK has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Heritage Commerce has been increasing its dividend for 7 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio of Heritage Commerce is 68.42%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Heritage Commerce will have a dividend payout ratio of 62.65% next year. This indicates that Heritage Commerce will be able to sustain or increase its dividend.
View Heritage Commerce's dividend history.

What price target have analysts set for HTBK?

2 brokerages have issued 1-year price objectives for Heritage Commerce's stock. Their forecasts range from $9.50 to $13.00. On average, they anticipate Heritage Commerce's share price to reach $11.25 in the next year. This suggests a possible upside of 0.7% from the stock's current price.
View analysts' price targets for Heritage Commerce
or view top-rated stocks among Wall Street analysts.

Who are Heritage Commerce's key executives?

Heritage Commerce's management team includes the following people:
  • Walter T. Kaczmarek, President, Chief Executive Officer & Director
  • Lawrence D. McGovern, Chief Financial Officer & Executive Vice President
  • Jeffrey L. Javits, Chief Information Officer & Executive VP
  • Debbie Reuter, Secretary, Chief Risk Officer & Executive VP
  • Robert P. Gionfriddo, Executive VP & Director-Business Development

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 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).

What is Heritage Commerce's stock symbol?

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

Who are Heritage Commerce's major shareholders?

Heritage Commerce's stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (8.26%), Dimensional Fund Advisors LP (4.45%), The Manufacturers Life Insurance Company (3.42%), Bank of New York Mellon Corp (3.40%), FJ Capital Management LLC (3.34%) and Banc Funds Co. LLC (2.32%). Company insiders that own Heritage Commerce stock include Jack W Conner, Jason Philip Dinapoli, Keith Wilton, Michael Eugene Benito, Robert Moles, Stephen G Heitel and Steven L Hallgrimson.
View institutional ownership trends for Heritage Commerce
.

Which major investors are selling Heritage Commerce stock?

HTBK stock was sold by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, BlackRock Inc., Thrivent Financial for Lutherans, Morgan Stanley, Goldman Sachs Group Inc., JCSD Capital LLC, Fort Point Capital Partners LLC, and BHZ Capital Management LP. Company insiders that have sold Heritage Commerce company stock in the last year include Michael Eugene Benito, Robert Moles, and Stephen G Heitel.
View insider buying and selling activity for Heritage Commerce
or view top insider-selling stocks.

Which major investors are buying Heritage Commerce stock?

HTBK stock was purchased by a variety of institutional investors in the last quarter, including Cramer Rosenthal Mcglynn LLC, FJ Capital Management LLC, Granite Investment Partners LLC, Invesco Ltd., rhino investment partners Inc, Raymond James Financial Services Advisors Inc., SG Americas Securities LLC, and New York State Common Retirement Fund. 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
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Heritage Commerce's stock price today?

One share of HTBK stock can currently be purchased for approximately $11.17.

How much money does Heritage Commerce make?

Heritage Commerce has a market capitalization of $673.22 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 $0.76 on an earnings per share basis.

How many employees does Heritage Commerce have?

Heritage Commerce employs 327 workers across the globe.

When was Heritage Commerce founded?

Heritage Commerce was founded in 1994.

What is Heritage Commerce's official website?

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

Where are Heritage Commerce's headquarters?

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

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 or via fax at 408-947-6910.


This page was last updated on 12/8/2021 by MarketBeat.com Staff

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