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S&P 500   3,971.27
DOW   32,394.25
QQQ   307.12
Walgreens Boots Alliance: Blue Chip, High-Yield Turnaround Story
Modern Day Options Trading For Beginners! (Ad)pixel
Here’s Why Viking Therapeutics Rose Over 50% on Obesity Drug Data
Roku And The 20% Rally That’s About To Start 
Biden To Unleash "Choke Point" Operation On America? (Ad)
3 Undervalued Dividend Payers For Volatile Market Conditions
Don't Be Fooled by These 3 Value Traps
The Value Of This Metal Is Going Unnoticed By Wall St. (Ad)pixel
The Bottom Is In For McCormick & Company
3 More Downgrades To Put On Your Buy List 
S&P 500   3,971.27
DOW   32,394.25
QQQ   307.12
Walgreens Boots Alliance: Blue Chip, High-Yield Turnaround Story
Modern Day Options Trading For Beginners! (Ad)pixel
Here’s Why Viking Therapeutics Rose Over 50% on Obesity Drug Data
Roku And The 20% Rally That’s About To Start 
Biden To Unleash "Choke Point" Operation On America? (Ad)
3 Undervalued Dividend Payers For Volatile Market Conditions
Don't Be Fooled by These 3 Value Traps
The Value Of This Metal Is Going Unnoticed By Wall St. (Ad)pixel
The Bottom Is In For McCormick & Company
3 More Downgrades To Put On Your Buy List 
S&P 500   3,971.27
DOW   32,394.25
QQQ   307.12
Walgreens Boots Alliance: Blue Chip, High-Yield Turnaround Story
Modern Day Options Trading For Beginners! (Ad)pixel
Here’s Why Viking Therapeutics Rose Over 50% on Obesity Drug Data
Roku And The 20% Rally That’s About To Start 
Biden To Unleash "Choke Point" Operation On America? (Ad)
3 Undervalued Dividend Payers For Volatile Market Conditions
Don't Be Fooled by These 3 Value Traps
The Value Of This Metal Is Going Unnoticed By Wall St. (Ad)pixel
The Bottom Is In For McCormick & Company
3 More Downgrades To Put On Your Buy List 
NASDAQ:HTBK

Heritage Commerce - HTBK Stock Forecast, Price & News

$8.61
-0.08 (-0.92%)
(As of 03/28/2023 12:00 AM ET)
Add
Compare
Today's Range
$8.56
$8.85
50-Day Range
$8.28
$12.80
52-Week Range
$8.17
$14.87
Volume
274,141 shs
Average Volume
500,602 shs
Market Capitalization
$524.35 million
P/E Ratio
7.90
Dividend Yield
6.04%
Price Target
$14.83

Heritage Commerce MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
72.3% Upside
$14.83 Price Target
Short Interest
Healthy
1.22% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
0.27mentions of Heritage Commerce in the last 14 days
Based on 3 Articles This Week
Insider Trading
Selling Shares
$356,990 Sold Last Quarter
Proj. Earnings Growth
1.54%
From $1.30 to $1.32 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

3.00 out of 5 stars

Finance Sector

138th out of 892 stocks

State Commercial Banks Industry

38th out of 188 stocks


HTBK stock logo

About Heritage Commerce (NASDAQ:HTBK) Stock

Heritage Commerce Corp. is a holding company, which engages in the provision of banking. It operates through the Banking and Factoring segments. The Banking segment includes the 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.

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HTBK Stock News Headlines

Urgent Warning
This was never meant for the general public. But it’s all there in black and white … A frightening plan that gives the Fed the power to track and even control your checking account, including ALL your financial transactions. A pilot test program is already underway. And it’s slated to launch at America’s largest banks as soon as May of this year! So, time to prepare is very short. Fortunately, there are a few key steps you can take to defend yourself …
Raymond James Keeps Their Buy Rating on Heritage Commerce (HTBK)
Urgent Warning
This was never meant for the general public. But it’s all there in black and white … A frightening plan that gives the Fed the power to track and even control your checking account, including ALL your financial transactions. A pilot test program is already underway. And it’s slated to launch at America’s largest banks as soon as May of this year! So, time to prepare is very short. Fortunately, there are a few key steps you can take to defend yourself …
HTBK.PH - | Stock Price & Latest News | Reuters
HTBK Heritage Commerce Corp
3 Breakout Stocks to Keep an Eye on for Solid Returns
See More Headlines
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HTBK Company Calendar

Last Earnings
10/28/2021
Ex-Dividend for 2/23 Dividend
2/08/2023
Dividend Payable
2/23/2023
Today
3/28/2023
Next Earnings (Estimated)
4/27/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
State commercial banks
Sub-Industry
Regional Banks
Sector
Finance
Current Symbol
NASDAQ:HTBK
CUSIP
42692710
Employees
325
Year Founded
1994

Price Target and Rating

Average Stock Price Forecast
$14.83
High Stock Price Forecast
$16.50
Low Stock Price Forecast
$13.00
Forecasted Upside/Downside
+72.3%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$66.56 million
Pretax Margin
47.44%

Debt

Sales & Book Value

Annual Sales
$198.94 million
Cash Flow
$1.17 per share
Book Value
$10.42 per share

Miscellaneous

Free Float
58,432,000
Market Cap
$524.35 million
Optionable
Optionable
Beta
0.97

Social Links


Key Executives

  • Robertson Clay Jones
    President, Chief Executive Officer & Director
  • Lawrence D. McGovern
    Chief Financial Officer & Executive Vice President
  • Debbie Reuter
    Secretary, Chief Risk Officer & Executive VP
  • Robert P. Gionfriddo
    Executive VP & Director-Business Development
  • Margo G. Butsch
    Chief Credit Officer & Executive Vice President













HTBK Stock - Frequently Asked Questions

Should I buy or sell Heritage Commerce stock right now?

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

What is Heritage Commerce's stock price forecast for 2023?

1 Wall Street research analysts have issued twelve-month price targets for Heritage Commerce's shares. Their HTBK share price forecasts range from $13.00 to $16.50. On average, they expect the company's share price to reach $14.83 in the next twelve months. This suggests a possible upside of 72.3% from the stock's current price.
View analysts price targets for HTBK
or view top-rated stocks among Wall Street analysts.

How have HTBK shares performed in 2023?

Heritage Commerce's stock was trading at $13.00 on January 1st, 2023. Since then, HTBK shares have decreased by 33.8% and is now trading at $8.61.
View the best growth stocks for 2023 here
.

Are investors shorting Heritage Commerce?

Heritage Commerce saw a increase in short interest during the month of March. As of March 15th, there was short interest totaling 711,400 shares, an increase of 20.5% from the February 28th total of 590,400 shares. Based on an average daily trading volume, of 307,200 shares, the days-to-cover ratio is presently 2.3 days. Currently, 1.2% of the shares of the stock are sold short.
View Heritage Commerce's Short Interest
.

When is Heritage Commerce's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 27th 2023.
View our HTBK earnings forecast
.

How were Heritage Commerce's earnings last quarter?

Heritage Commerce Corp (NASDAQ:HTBK) released its earnings results on Thursday, October, 28th. The financial services provider reported $0.23 earnings per share for the quarter, beating analysts' consensus estimates of $0.21 by $0.02. The financial services provider had revenue of $40.59 million for the quarter, compared to analyst estimates of $39.58 million. Heritage Commerce had a trailing twelve-month return on equity of 10.86% and a net margin of 33.46%.

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

Heritage Commerce announced a quarterly dividend on Thursday, January 26th. Stockholders of record on Thursday, February 9th will be paid a dividend of $0.13 per share on Thursday, February 23rd. This represents a $0.52 annualized dividend and a dividend yield of 6.04%. The ex-dividend date of this dividend is Wednesday, February 8th.
Read our dividend analysis for HTBK
.

Is Heritage Commerce a good dividend stock?

Heritage Commerce (NASDAQ:HTBK) pays an annual dividend of $0.52 per share and currently has a dividend yield of 5.93%. HTBK has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 47.71%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HTBK will have a dividend payout ratio of 39.39% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for HTBK.

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 institutional and retail investors. Top institutional investors include T. Rowe Price Investment Management Inc. (9.26%), Dimensional Fund Advisors LP (4.96%), FJ Capital Management LLC (4.62%), The Manufacturers Life Insurance Company (2.92%), Granite Investment Partners LLC (2.60%) and JPMorgan Chase & Co. (2.03%). Insiders that own company stock include Jack W Conner, Jason Philip Dinapoli, Kamran F Husain, Keith Wilton, Lawrence D Mcgovern, Michael Eugene Benito, Robert Moles, Stephen G Heitel and Walter Theodore Kaczmarek.
View institutional ownership trends
.

How do I buy shares of Heritage Commerce?

Shares of HTBK stock 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 $8.61.

How much money does Heritage Commerce make?

Heritage Commerce (NASDAQ:HTBK) has a market capitalization of $524.35 million and generates $198.94 million in revenue each year. The financial services provider earns $66.56 million in net income (profit) each year or $1.09 on an earnings per share basis.

How many employees does Heritage Commerce have?

The company employs 325 workers across the globe.

How can I contact Heritage Commerce?

Heritage Commerce's mailing address is 150 ALMADEN BOULEVARD, SAN JOSE CA, 95113. The official website for the company is www.heritagecommercecorp.com. The financial services provider can be reached via phone at (408) 947-6900, via email at debbie.reuter@herbank.com, or via fax at 408-947-6910.

This page (NASDAQ:HTBK) was last updated on 3/29/2023 by MarketBeat.com Staff