NASDAQ:HTBK Heritage Commerce (HTBK) Stock Price, News & Analysis → Protect Your Bank Account Before It’s Too Late (From Weiss Ratings) (Ad) Free HTBK Stock Alerts $8.20 +0.07 (+0.86%) (As of 01:09 PM ET) Add Compare Share Share Today's Range$8.16▼$8.2850-Day Range$7.85▼$8.6052-Week Range$6.69▼$10.22Volume72,646 shsAverage Volume392,130 shsMarket Capitalization$502.25 millionP/E Ratio8.91Dividend Yield6.34%Price Target$10.50 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/Downside26.8% Upside$10.50 Price TargetShort InterestHealthy1.29% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment0.09Based on 21 Articles This WeekInsider TradingN/AProj. Earnings Growth12.16%From $0.74 to $0.83 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.4.33 out of 5 starsFinance Sector228th out of 856 stocksState Commercial Banks Industry52nd out of 178 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.Amount of Analyst CoverageHeritage Commerce has only been the subject of 1 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.29% 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 1.9, 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 5.54%, 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 6.55%, 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 56.52%. 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 62.65% 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 2.3 News and Social Media Coverage News SentimentHeritage Commerce has a news sentiment score of 0.09. 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 lower news sentiment than the 0.46 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 21 news articles for Heritage Commerce this week, compared to 1 article on an average week.Search Interest6 people have searched for HTBK on MarketBeat in the last 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Heritage Commerce insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 3.99% 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 12.16% in the coming year, from $0.74 to $0.83 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Heritage Commerce is 9.00, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 137.51.Price to Earnings Ratio vs. SectorThe P/E ratio of Heritage Commerce is 9.00, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 57.19.Price to Book Value per Share RatioHeritage Commerce has a P/B Ratio of 0.75. 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 Priority GoldBiden to Launch “FedNOW” [Move Your Money Now]Earlier this year President Biden signed the death warrant for America… Executive Order 14067 will essentially cancel your money. You see Biden and the Fed have teamed up to create a controllable, traceable, programmable digital currency to replace the dollar...Get your free information kit NOW, before it's too late. 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 HeadlinesMay 1, 2024 | americanbankingnews.comHeritage Commerce Corp (NASDAQ:HTBK) Forecasted to Earn Q2 2024 Earnings of $0.19 Per ShareMay 1, 2024 | americanbankingnews.comHeritage Commerce Corp (NASDAQ:HTBK) Short Interest UpdateMay 2, 2024 | The Bull Report (Ad)Healthcare Takes A Big Step Forward With The Help Of AIThe average doctor can diagnose an illness correctly 50-90% of the time. But one innovative company's medical AI gets it right 92%+.April 30, 2024 | americanbankingnews.comHeritage Commerce (NASDAQ:HTBK) Rating Lowered to Sell at StockNews.comApril 29, 2024 | markets.businessinsider.comKBW Sticks to Their Buy Rating for Heritage Commerce (HTBK)April 28, 2024 | finance.yahoo.comHeritage Commerce Corp Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting NowApril 28, 2024 | americanbankingnews.comHeritage Commerce (NASDAQ:HTBK) Price Target Cut to $10.00April 26, 2024 | investorplace.comHTBK Stock Earnings: Heritage Commerce Misses EPS, Beats Revenue for Q1 2024May 2, 2024 | The Bull Report (Ad)Healthcare Takes A Big Step Forward With The Help Of AIThe average doctor can diagnose an illness correctly 50-90% of the time. But one innovative company's medical AI gets it right 92%+.April 26, 2024 | finance.yahoo.comHeritage Commerce Corp (HTBK) Misses Q1 Earnings Expectations, Sees Growth in Client DepositsApril 25, 2024 | finance.yahoo.comHeritage Commerce Corp Earns $10.2 Million for the First Quarter of 2024 and Grows Client Deposits by 2%April 25, 2024 | globenewswire.comHeritage Commerce Corp Declares Regular Quarterly Cash Dividend of $0.13 Per Share; Heritage Bank of Commerce Celebrates its 30ᵗʰ AnniversaryApril 25, 2024 | globenewswire.comHeritage Commerce Corp Earns $10.2 Million for the First Quarter of 2024 and Grows Client Deposits by 2%April 3, 2024 | globenewswire.comHeritage Bank of Commerce Ranked 25th on S&P Global Market Intelligence List of Top 50 Best-Performing Community BanksMarch 3, 2024 | finance.yahoo.comSeveral Insiders Invested In Heritage Commerce Flagging Positive NewsFebruary 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 ExpectationsJanuary 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 2023See 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 Ex-Dividend for 2/22 Dividend2/07/2024Dividend Payable2/22/2024Last Earnings4/26/2024Today5/02/2024Ex-Dividend for 5/23 Dividend5/08/2024Dividend Payable5/23/2024Next Earnings (Estimated)7/25/2024Fiscal 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) 947-6900Fax408-947-6910Employees351Year Founded1994Price Target and Rating Average Stock Price Target$10.50 High Stock Price Target$11.00 Low Stock Price Target$10.00 Potential Upside/Downside+29.2%Consensus RatingModerate Buy Rating Score (0-4)2.75 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$0.92 Trailing P/E Ratio8.84 Forward P/E Ratio10.99 P/E GrowthN/ANet Income$64.44 million Net Margins22.84% Pretax Margin37.16% Return on Equity8.40% Return on Assets1.05% Debt Debt-to-Equity Ratio0.06 Current Ratio0.77 Quick Ratio0.77 Sales & Book Value Annual Sales$243.30 million Price / Sales2.05 Cash Flow$1.08 per share Price / Cash Flow7.50 Book Value$11.02 per share Price / Book0.74Miscellaneous Outstanding Shares61,250,000Free Float58,810,000Market Cap$497.96 million OptionableOptionable Beta0.91 Social Links 10 Best Stocks to Own in 2024Click the link below and we'll send you MarketBeat's list of the 10 best stocks to own in 2024 and why they should be in your portfolio. Get This Free Report Key ExecutivesMr. Robertson Jones (Age 52)President, CEO & Director Comp: $981.99kMr. Lawrence D. McGovern (Age 69)Executive VP & CFO Comp: $606.58kMs. Deborah K. Reuter (Age 69)Executive VP, Chief Risk Officer & Corporate Secretary Comp: $496.7kGlen E. ShuExecutive VP & President of Specialty Finance GroupMs. Janice Y. Coonley SPHR (Age 48)Executive VP and Chief People & Diversity Officer of Heritage Bank of Commerce Comp: $462.1kMr. 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 ManagerMore ExecutivesKey CompetitorsLuther BurbankNASDAQ:LBCHorizon BancorpNASDAQ:HBNCCapital City Bank GroupNASDAQ:CCBGFarmers National BancNASDAQ:FMNBWashington Trust BancorpNASDAQ:WASHView All CompetitorsInsiders & InstitutionsBNP Paribas Financial MarketsBought 6,866 shares on 5/1/2024Ownership: 0.116%Norden Group LLCBought 12,956 shares on 4/30/2024Ownership: 0.021%Allspring Global Investments Holdings LLCBought 3,155 shares on 4/30/2024Ownership: 0.008%Assenagon Asset Management S.A.Sold 132,140 shares on 4/24/2024Ownership: 0.180%Norden Group LLCBought 12,956 shares on 4/19/2024Ownership: 0.021%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 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 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 stock. Their HTBK share price targets range from $10.00 to $11.00. On average, they predict the company's stock price to reach $10.50 in the next twelve months. This suggests a possible upside of 26.8% 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 at the beginning of the year. Since then, HTBK shares have decreased by 16.5% and is now trading at $8.28. View the best growth stocks for 2024 here. Are investors shorting Heritage Commerce? Heritage Commerce saw a increase in short interest in the month of April. As of April 15th, there was short interest totaling 758,700 shares, an increase of 5.5% from the March 31st total of 718,900 shares. Based on an average daily trading volume, of 401,800 shares, the days-to-cover ratio is presently 1.9 days. Currently, 1.3% of the shares of the stock are short sold. 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, July 25th 2024. View our HTBK earnings forecast. How were Heritage Commerce's earnings last quarter? Heritage Commerce Corp (NASDAQ:HTBK) released its quarterly earnings results on Friday, April, 26th. The financial services provider reported $0.17 EPS for the quarter, missing the consensus estimate of $0.19 by $0.02. The financial services provider had revenue of $59.60 million for the quarter, compared to analyst estimates of $43.83 million. Heritage Commerce had a trailing twelve-month return on equity of 8.40% and a net margin of 22.84%. How often does Heritage Commerce pay dividends? What is the dividend yield for Heritage Commerce? Heritage Commerce announced a quarterly dividend on Thursday, April 25th. Shareholders of record on Thursday, May 9th will be paid a dividend of $0.13 per share on Thursday, May 23rd. This represents a $0.52 annualized dividend and a dividend yield of 6.28%. The ex-dividend date of this dividend is Wednesday, May 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 6.55%. HTBK has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 56.52%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HTBK will have a dividend payout ratio of 62.65% 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 Assenagon Asset Management S.A. (0.18%), BNP Paribas Financial Markets (0.12%), Hennion & Walsh Asset Management Inc. (0.02%), Norden Group LLC (0.02%), Norden Group LLC (0.02%) and Allspring Global Investments Holdings LLC (0.01%). 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. 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