NASDAQ:HTBK Heritage Commerce (HTBK) Stock Price, News & Analysis → Urgent: Protect Your Investments from a Chinese Invasion (From Behind the Markets) (Ad) Free HTBK Stock Alerts $8.58 +0.05 (+0.59%) (As of 02:21 PM ET) Add Compare Share Share Today's Range$8.51▼$8.6350-Day Range$8.02▼$9.6752-Week Range$6.69▼$10.22Volume98,093 shsAverage Volume406,895 shsMarket Capitalization$524.84 millionP/E Ratio8.09Dividend Yield6.06%Price Target$10.75 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Heritage Commerce alerts: Email Address Heritage Commerce MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.75 Rating ScoreUpside/Downside25.3% Upside$10.75 Price TargetShort InterestHealthy1.52% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment0.94Based on 2 Articles This WeekInsider TradingSelling Shares$61,940 Sold Last QuarterProj. Earnings Growth9.88%From $0.81 to $0.89 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.72 out of 5 starsFinance Sector222nd out of 851 stocksState Commercial Banks Industry48th out of 179 stocks 3.4 Analyst's Opinion Consensus RatingHeritage Commerce has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $10.75, Heritage Commerce has a forecasted upside of 25.3% from its current price of $8.58.Amount of Analyst CoverageHeritage Commerce has only been the subject of 3 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.52% of the float of Heritage Commerce has been sold short.Short Interest Ratio / Days to CoverHeritage Commerce has a short interest ratio ("days to cover") of 2.2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Heritage Commerce has recently increased by 15.51%, indicating that investor sentiment is decreasing significantly. Previous Next 3.3 Dividend Strength Dividend LeadershipHeritage Commerce is a leading dividend payer. It pays a dividend yield of 6.33%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthHeritage Commerce does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Heritage Commerce is 49.06%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Heritage Commerce will have a dividend payout ratio of 58.43% next year. This indicates that Heritage Commerce will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for HTBK. Previous Next 3.3 News and Social Media Coverage News SentimentHeritage Commerce has a news sentiment score of 0.94. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.61 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Heritage Commerce this week, compared to 1 article on an average week.Search Interest1 people have searched for HTBK on MarketBeat in the last 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Heritage Commerce insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $61,940.00 in company stock.Percentage Held by InsidersOnly 4.15% of the stock of Heritage Commerce is held by insiders.Percentage Held by Institutions75.55% of the stock of Heritage Commerce is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Heritage Commerce are expected to grow by 9.88% in the coming year, from $0.81 to $0.89 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Heritage Commerce is 8.09, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 139.84.Price to Earnings Ratio vs. SectorThe P/E ratio of Heritage Commerce is 8.09, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 58.27.Price to Book Value per Share RatioHeritage Commerce has a P/B Ratio of 0.78. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Behind the MarketsUrgent: Protect Your Investments from a Chinese InvasionAn alarming new reality is unfolding across America. The United States is bracing for the unthinkable - a potential Chinese invasion.Click here to get my exclusive report NOW >>> About Heritage Commerce Stock (NASDAQ:HTBK)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. Its deposit products for business banking and retail markets include interest and non-interest-bearing demand, savings, and money market accounts, as well as certificates of deposit and time deposits. The company's loan portfolio comprises 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; small business administration loans; home equity lines of credit; multifamily loans on residential properties; residential mortgage loans; and consumer loans consisting of loans for financing automobiles, various consumer goods, and other personal purposes. In addition, it offers other banking services, including cashier's checks, bank by mail, night depositories, safe deposit boxes, direct deposit, automated payroll, electronic funds transfer, 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, factoring financing, and electronic banking services. Heritage Commerce Corp was founded in 1994 and is headquartered in San Jose, California.Read More HTBK Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart HTBK Stock News HeadlinesMarch 24, 2024 | americanbankingnews.comHeritage Commerce (NASDAQ:HTBK) Upgraded at StockNews.comMarch 3, 2024 | finance.yahoo.comSeveral Insiders Invested In Heritage Commerce Flagging Positive NewsMarch 28, 2024 | Behind the Markets (Ad)Urgent: Protect Your Investments from a Chinese InvasionAn alarming new reality is unfolding across America. The United States is bracing for the unthinkable - a potential Chinese invasion.February 27, 2024 | wsj.comHeritage Commerce Corp.February 22, 2024 | markets.businessinsider.comHeritage Commerce: Reliable Progress and Investor ExpectationsFebruary 17, 2024 | finance.yahoo.comHTBK Sep 2024 10.000 callFebruary 6, 2024 | msn.comNew Strong Sell Stocks for February 6thJanuary 27, 2024 | finance.yahoo.comHeritage Commerce Full Year 2023 Earnings: Misses ExpectationsMarch 28, 2024 | Behind the Markets (Ad)Urgent: Protect Your Investments from a Chinese InvasionAn alarming new reality is unfolding across America. The United States is bracing for the unthinkable - a potential Chinese invasion.January 26, 2024 | markets.businessinsider.comDeep Dive Into Heritage Commerce Stock: Analyst Perspectives (4 Ratings)January 26, 2024 | markets.businessinsider.comKBW Sticks to Its Buy Rating for Heritage Commerce (HTBK)January 26, 2024 | finance.yahoo.comHeritage Commerce (HTBK) Misses Q4 Earnings and Revenue EstimatesJanuary 26, 2024 | finance.yahoo.comHeritage Commerce (HTBK) Reports Q4 Earnings: What Key Metrics Have to SayJanuary 26, 2024 | finance.yahoo.comHeritage Commerce Corp Reports $64.4 Million Full Year Net Income for 2023January 25, 2024 | markets.businessinsider.comHeritage Commerce Corp Declares Regular Quarterly Cash Dividend of $0.13 Per Share; Heritage Bank of Commerce Celebrates its 30th AnniversaryJanuary 25, 2024 | markets.businessinsider.comHeritage Commerce Corp Earns $13.3 Million for the Fourth Quarter of 2023, and $64.4 Million for the Full Year 2023January 25, 2024 | finance.yahoo.comHeritage Commerce Corp Earns $13.3 Million for the Fourth Quarter of 2023, and $64.4 Million for the Full Year 2023January 25, 2024 | finance.yahoo.comHeritage Commerce Corp Declares Regular Quarterly Cash Dividend of $0.13 Per Share; Heritage Bank of Commerce Celebrates its 30th AnniversaryJanuary 22, 2024 | finance.yahoo.comBank of Hawaii (BOH) Q4 Earnings and Revenues Lag EstimatesJanuary 19, 2024 | markets.businessinsider.comEmpowering Shareholders with Growth: Horizon Bancorp Enhances Performance and Reports Rising ProfitsDecember 9, 2023 | finance.yahoo.comWith 73% institutional ownership, Heritage Commerce Corp (NASDAQ:HTBK) is a favorite amongst the big gunsNovember 30, 2023 | morningstar.comHeritage Commerce Corp HTBKNovember 21, 2023 | markets.businessinsider.comSupporting Shareholders through Changes: Heritage Commerce Ensures Stable Distribution amidst Decreased ProfitsNovember 1, 2023 | finance.yahoo.comHeritage Commerce (NASDAQ:HTBK) Could Be A Buy For Its Upcoming DividendOctober 31, 2023 | finance.yahoo.comHeritage Commerce's (NASDAQ:HTBK) Dividend Will Be $0.13October 27, 2023 | finance.yahoo.comHeritage Commerce Corp (HTBK) Reports Q3 2023 Earnings of $15.8 MillionOctober 27, 2023 | finance.yahoo.comHeritage Commerce (HTBK) Reports Q3 Earnings: What Key Metrics Have to SaySee More Headlines Receive HTBK Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Heritage Commerce and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings1/25/2024Ex-Dividend for 2/22 Dividend2/07/2024Dividend Payable2/22/2024Today3/28/2024Next Earnings (Estimated)4/25/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorFinance Industry State commercial banks Sub-IndustryRegional Banks Current SymbolNASDAQ:HTBK CUSIP42692710 CIK1053352 Webwww.heritagecommercecorp.com Phone(408) 947-6900Fax408-947-6910Employees349Year Founded1994Price Target and Rating Average Stock Price Target$10.75 High Stock Price Target$11.00 Low Stock Price Target$10.00 Potential Upside/Downside+25.0%Consensus RatingModerate Buy Rating Score (0-4)2.75 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$1.06 Trailing P/E Ratio8.11 Forward P/E Ratio10.62 P/E GrowthN/ANet Income$64.44 million Net Margins26.49% Pretax Margin37.16% Return on Equity9.78% Return on Assets1.20% Debt Debt-to-Equity Ratio0.06 Current Ratio0.77 Quick Ratio0.77 Sales & Book Value Annual Sales$243.30 million Price / Sales2.16 Cash Flow$1.11 per share Price / Cash Flow7.75 Book Value$11.02 per share Price / Book0.78Miscellaneous Outstanding Shares61,170,000Free Float58,630,000Market Cap$526.06 million OptionableOptionable Beta0.89 Social Links 13 Stocks Institutional Investors Won't Stop BuyingWhich stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.Get This Free Report Key ExecutivesMr. Robertson Jones (Age 53)President, CEO & Director Comp: $708.02kMr. Lawrence D. McGovern (Age 69)Executive VP & CFO Comp: $625.16kMs. Deborah K. Reuter (Age 69)Executive VP, Chief Risk Officer & Corporate Secretary Comp: $503.13kMs. Janice Y. Coonley SPHR (Age 48)Executive VP and Chief People & Diversity Officer of Heritage Bank of Commerce Comp: $437.63kMr. Michael V. HansenSenior Vice President of Corporate Finance DivisionMr. Sachin VaidyaExecutive VP & Chief Information OfficerMs. Suzanne CrockerSenior Vice President of Marketing & CommunicationsMs. May K. Y. WongExecutive VP & ControllerMr. Jeffrey PerkinsSenior VP & Central Coast Regional ManagerGlen E. ShuExecutive VP & President of Specialty Finance GroupMore ExecutivesKey CompetitorsCentral Pacific FinancialNYSE:CPFFarmers National BancNASDAQ:FMNBHorizon BancorpNASDAQ:HBNCLuther BurbankNASDAQ:LBCCapital City Bank GroupNASDAQ:CCBGView All CompetitorsInsiders & InstitutionsVanguard Group Inc.Bought 66,664 shares on 3/11/2024Ownership: 5.214%Wellington Management Group LLPBought 29,291 shares on 3/5/2024Ownership: 0.833%GSA Capital Partners LLPBought 225,367 shares on 2/16/2024Ownership: 0.369%Price T Rowe Associates Inc. MDBought 1,539 shares on 2/16/2024Ownership: 0.024%Public Employees Retirement System of OhioBought 11,248 shares on 2/16/2024Ownership: 0.020%View All Insider TransactionsView All Institutional Transactions HTBK Stock Analysis - Frequently Asked Questions Should I buy or sell Heritage Commerce stock right now? 4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Heritage Commerce in the last year. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" HTBK shares. View HTBK analyst ratings or view top-rated stocks. What is Heritage Commerce's stock price target for 2024? 4 brokers have issued twelve-month price targets for Heritage Commerce's shares. Their HTBK share price targets range from $10.00 to $11.00. On average, they anticipate the company's stock price to reach $10.75 in the next year. This suggests a possible upside of 25.3% 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 2024? Heritage Commerce's stock was trading at $9.92 on January 1st, 2024. Since then, HTBK stock has decreased by 13.5% and is now trading at $8.58. View the best growth stocks for 2024 here. When is Heritage Commerce's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, April 25th 2024. View our HTBK earnings forecast. How were Heritage Commerce's earnings last quarter? Heritage Commerce Corp (NASDAQ:HTBK) issued its earnings results on Thursday, January, 25th. The financial services provider reported $0.22 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.24 by $0.02. The financial services provider earned $44.24 million during the quarter, compared to analysts' expectations of $46.38 million. Heritage Commerce had a net margin of 26.49% and a trailing twelve-month return on equity of 9.78%. How often does Heritage Commerce pay dividends? What is the dividend yield for Heritage Commerce? Heritage Commerce announced a quarterly dividend on Thursday, January 25th. Stockholders of record on Thursday, February 8th will be paid a dividend of $0.13 per share on Thursday, February 22nd. This represents a $0.52 annualized dividend and a dividend yield of 6.06%. The ex-dividend date is Wednesday, February 7th. 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 6.33%. HTBK has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 49.06%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HTBK will have a dividend payout ratio of 58.43% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for HTBK. What ETFs hold Heritage Commerce's stock? ETFs with the largest weight of Heritage Commerce (NASDAQ:HTBK) stock in their portfolio include Roundhill Acquirers Deep Value ETF (DEEP).First Trust Dow Jones Select Microcap Index Fund (FDM). 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). Who are Heritage Commerce's major shareholders? Heritage Commerce's stock is owned by a number of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (5.21%), Vanguard Group Inc. (5.21%), Dimensional Fund Advisors LP (4.85%), Boston Partners (3.10%), The Manufacturers Life Insurance Company (2.47%) and Banc Funds Co. LLC (1.12%). Insiders that own company stock include Jack W Conner, Jason Philip Dinapoli, Kamran F Husain, Lawrence D Mcgovern, 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:HTBK) was last updated on 3/28/2024 by MarketBeat.com Staff From Our PartnersTrump’s “Tax Free” Retirement Strategy Gold Safe ExchangeAI to Meet the Same Fate as EVs? Porter & CompanyGrab Your Free Bitcoin Today!Crypto Swap ProfitsTop Project Outperforms BTC in 2023…Crypto 101 MediaMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceAI Cracks Open Largest Untapped Energy Reserve on EarthBanyan Hill PublishingForget Bitcoin. 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