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

$11.46
+0.30 (+2.69 %)
(As of 08/18/2019 04:00 PM ET)
Today's Range
$11.17
Now: $11.46
$11.53
50-Day Range
$11.08
MA: $11.99
$12.44
52-Week Range
$10.84
Now: $11.46
$16.19
Volume197,600 shs
Average Volume185,482 shs
Market Capitalization$498.51 million
P/E Ratio10.81
Dividend Yield4.30%
Beta0.83
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. Read More…

Industry, Sector and Symbol

Industry State commercial banks
Sub-IndustryRegional Banks
SectorFinance
Current SymbolNASDAQ:HTBK
CUSIP42692710
Phone408-947-6900

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$139.42 million
Cash Flow$1.2416 per share
Book Value$8.92 per share

Profitability

Net Income$35.33 million

Miscellaneous

Employees309
Market Cap$498.51 million
Next Earnings Date10/24/2019 (Estimated)
OptionableOptionable

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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 Thursday, July 25th. Stockholders of record on Thursday, August 8th will be paid a dividend of $0.12 per share on Thursday, August 22nd. This represents a $0.48 dividend on an annualized basis and a dividend yield of 4.19%. The ex-dividend date is Wednesday, August 7th. View Heritage Commerce's Dividend History.

How were Heritage Commerce's earnings last quarter?

Heritage Commerce Corp. (NASDAQ:HTBK) released its earnings results on Thursday, April, 25th. The financial services provider reported $0.28 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.28 by $0.00. The financial services provider earned $33.51 million during the quarter, compared to analyst estimates of $35.23 million. Heritage Commerce had a return on equity of 13.39% and a net margin of 33.46%. 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, October 24th 2019. View Earnings Estimates for Heritage Commerce.

What price target have analysts set for HTBK?

1 brokers have issued 12 month target prices for Heritage Commerce's shares. Their predictions range from $16.00 to $16.00. On average, they anticipate Heritage Commerce's stock price to reach $16.00 in the next year. This suggests a possible upside of 39.6% from the stock's current price. View Analyst Price Targets for Heritage Commerce.

What is the consensus analysts' recommendation 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.

Has Heritage Commerce been receiving favorable news coverage?

Media stories about HTBK stock have trended negative on Sunday, InfoTrie reports. The research firm ranks the sentiment of news coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Heritage Commerce earned a daily sentiment score of -2.3 on InfoTrie's scale. They also assigned news coverage about the financial services provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the near future. View News Stories for Heritage Commerce.

Who are some of Heritage Commerce's key competitors?

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), Automatic Data Processing (ADP), salesforce.com (CRM), Cognizant Technology Solutions (CTSH), Cypress Semiconductor (CY), Denny's (DENN), JetBlue Airways (JBLU), Lam Research (LRCX) and Netflix (NFLX).

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 & Director (Age 61)
  • Mr. Lawrence D. McGovern, Exec. VP & CFO (Age 64)
  • Mr. Michael V. Hansen, Sr. VP of Corp. Fin. Division
  • Larry G. St. Regis, Exec. VP & CTO

Who are Heritage Commerce's major shareholders?

Heritage Commerce's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Price T Rowe Associates Inc. MD (13.89%), BlackRock Inc. (7.09%), Vanguard Group Inc. (4.21%), Westwood Holdings Group Inc. (2.42%), Renaissance Technologies LLC (2.40%) and Tiedemann Advisors LLC (1.39%). Company insiders that own Heritage Commerce stock include 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 Russell Investments Group Ltd., Vanguard Group Inc., Context BH Capital Management LP, Granite Investment Partners LLC, Westwood Holdings Group Inc., Bank of America Corp DE, Price T Rowe Associates Inc. MD and Allianz Asset Management GmbH. 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.

Which institutional investors are buying Heritage Commerce stock?

HTBK stock was acquired by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Marshall Wace LLP, Renaissance Technologies LLC, Enterprise Trust & Investment Co, BlackRock Inc., Maltese Capital Management LLC, D. E. Shaw & Co. Inc. and Municipal Employees Retirement System of Michigan. 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.

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 $11.46.

How big of a company is Heritage Commerce?

Heritage Commerce has a market capitalization of $498.51 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.

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:  2.2 out of 5 (star star)
Outperform Votes:  238 (Vote Outperform)
Underperform Votes:  292 (Vote Underperform)
Total Votes:  530
MarketBeat'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 8/18/2019 by MarketBeat.com Staff

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