HarborOne Bancorp (HONE) Projected to Post Earnings on Thursday

HarborOne Bancorp (NASDAQ:HONE) will likely be posting its Q2 2025 quarterly earnings results before the market opens on Thursday, July 24th. Analysts expect HarborOne Bancorp to post earnings of $0.19 per share and revenue of $32.39 million for the quarter.

HarborOne Bancorp (NASDAQ:HONE) last issued its quarterly earnings data on Thursday, April 24th. The financial services provider reported $0.14 earnings per share for the quarter, missing the consensus estimate of $0.17 by ($0.03). HarborOne Bancorp had a return on equity of 4.33% and a net margin of 8.13%. The business had revenue of $41.36 million during the quarter, compared to the consensus estimate of $36.01 million. On average, analysts expect HarborOne Bancorp to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

HarborOne Bancorp Stock Up 0.5%

Shares of HarborOne Bancorp stock opened at $11.97 on Thursday. HarborOne Bancorp has a twelve month low of $8.89 and a twelve month high of $14.00. The stock has a market cap of $515.67 million, a price-to-earnings ratio of 19.00 and a beta of 0.59. The company’s fifty day moving average is $11.60 and its 200 day moving average is $11.25.

HarborOne Bancorp Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, July 23rd. Investors of record on Wednesday, July 9th will be issued a $0.09 dividend. This is a positive change from HarborOne Bancorp’s previous quarterly dividend of $0.01. The ex-dividend date is Wednesday, July 9th. This represents a $0.36 annualized dividend and a yield of 3.01%. HarborOne Bancorp’s payout ratio is presently 57.14%.

Analyst Ratings Changes

HONE has been the topic of several recent analyst reports. Wall Street Zen initiated coverage on shares of HarborOne Bancorp in a report on Thursday, May 22nd. They issued a “hold” rating on the stock. Janney Montgomery Scott restated a “neutral” rating on shares of HarborOne Bancorp in a report on Tuesday, April 29th. Finally, Seaport Res Ptn upgraded shares of HarborOne Bancorp from a “hold” rating to a “strong-buy” rating in a report on Friday, April 25th.

Hedge Funds Weigh In On HarborOne Bancorp

Several institutional investors have recently made changes to their positions in the stock. Empowered Funds LLC raised its holdings in shares of HarborOne Bancorp by 8.5% during the first quarter. Empowered Funds LLC now owns 134,279 shares of the financial services provider’s stock valued at $1,392,000 after purchasing an additional 10,523 shares during the period. AQR Capital Management LLC raised its holdings in shares of HarborOne Bancorp by 80.0% during the first quarter. AQR Capital Management LLC now owns 85,675 shares of the financial services provider’s stock valued at $888,000 after purchasing an additional 38,072 shares during the period. Jane Street Group LLC increased its position in shares of HarborOne Bancorp by 350.3% during the first quarter. Jane Street Group LLC now owns 106,075 shares of the financial services provider’s stock worth $1,100,000 after acquiring an additional 82,521 shares in the last quarter. Finally, Millennium Management LLC increased its position in shares of HarborOne Bancorp by 70.5% during the first quarter. Millennium Management LLC now owns 463,597 shares of the financial services provider’s stock worth $4,808,000 after acquiring an additional 191,719 shares in the last quarter. Institutional investors and hedge funds own 65.01% of the company’s stock.

About HarborOne Bancorp

HarborOne Bancorp, Inc operates as the holding company for HarborOne Bank that provides financial services to individuals, families, small and mid-size businesses, and municipalities. The company operates in two segments, HarborOne Bank and HarborOne Mortgage. Its primary deposit products include checking, money market, savings, and term certificate of deposit accounts; and primary lending products comprise commercial real estate, commercial, residential mortgages, home equity, and consumer loans.