With 0.64 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.43 million shares. During the session, the Banks – Regional company that operates in wider Financial sector, reached to the highest price of $10.315 whereas the lowest price it dropped to was $10.13. The 52-week range on HTBK shows that it touched its highest point at $10.99 and its lowest point at $7.66 during that stretch. It currently has a 1-year price target of $11.58. With its current market cap of 630.06 million, HTBK has annualized dividend of $0.52 while the current yield stands at 5.06%. Beta for the stock currently stands at 0.91.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of HTBK was up-trending over the past week, with a rise of 6.42%, but this was up by 6.42% over a month. Three-month performance surged to 30.29% while six-month performance rose 23.26%. The stock gained 21.08% in the past year, while it has gained 3.63% so far this year. A look at the trailing 12-month EPS for HTBK yields 0.79 with Next year EPS estimates of 0.75. For the next quarter, that number is 0.17. This implies an EPS growth rate of -37.46% for this year and 14.21% for next year. EPS is expected to grow by 7.00% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 4.65%.
Float and Shares Shorts:
At present, 61.15 million HTBK shares are outstanding with a float of 58.36 million shares on hand for trading. On 2024-08-30, short shares totaled 0.93 million, which was 152.0 higher than short shares on 1722384000. In addition to Mr. Robertson Jones as the firm’s President, CEO & Director, Mr. Lawrence D. McGovern serves as its Executive VP & CFO.
Institutional Ownership:
Through their ownership of 0.8045 of HTBK’s outstanding shares, institutional investors have minority control over the company.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for HTBK since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.
