Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
The closing price of Heritage Commerce Corp (NASDAQ: HTBK) was $10.69 for the day, up 1.14% from the previous closing price of $10.57. In other words, the price has increased by $1.14 from its previous closing price. On the day, 0.38 million shares were traded. HTBK stock price reached its highest trading level at $10.765 during the session, while it also had its lowest trading level at $10.54.
Ratios:
Our analysis of HTBK’s different ratios will help us gain a deeper understanding of the company. In the meantime, Its Debt-to-Equity ratio is 0.10 whereas as Long-Term Debt/Eq ratio is at 0.09.
On August 11, 2023, Stephens Downgraded its rating to Equal-Weight which previously was Overweight but kept the price unchanged to $10.
Raymond James Downgraded its Strong Buy to Outperform on October 31, 2022, whereas the target price for the stock was revised from $13 to $15.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Mar 10 ’25 when Jones Robertson Clay JR sold 5,145 shares for $9.73 per share. The transaction valued at 50,063 led to the insider holds 254,227 shares of the business.
Just Susan Svensson sold 1,602 shares of HTBK for $15,588 on Mar 10 ’25. The EVP/Chief Credit Officer now owns 10,774 shares after completing the transaction at $9.73 per share. On Feb 27 ’25, another insider, Conner Jack W, who serves as the Director of the company, sold 4,000 shares for $10.52 each. As a result, the insider received 42,080 and left with 108,512 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, HTBK now has a Market Capitalization of 658455872 and an Enterprise Value of -64510528. As of this moment, Heritage’s Price-to-Earnings (P/E) ratio for their current fiscal year is 15.68, and their Forward P/E ratio for the next fiscal year is 12.34. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.57 while its Price-to-Book (P/B) ratio in mrq is 0.95. Its current Enterprise Value per Revenue stands at -0.371.
Stock Price History:
The Beta on a monthly basis for HTBK is 0.82, which has changed by 0.30048656 over the last 52 weeks, in comparison to a change of 0.12792087 over the same period for the S&P500. Over the past 52 weeks, HTBK has reached a high of $11.27, while it has fallen to a 52-week low of $8.09. The 50-Day Moving Average of the stock is 13.76%, while the 200-Day Moving Average is calculated to be 10.10%.
Shares Statistics:
HTBK traded an average of 383.52K shares per day over the past three months and 604220 shares per day over the past ten days. A total of 61.61M shares are outstanding, with a floating share count of 59.06M. Insiders hold about 4.11% of the company’s shares, while institutions hold 76.77% stake in the company. Shares short for HTBK as of 1749772800 were 1283746 with a Short Ratio of 3.35, compared to 1747267200 on 1033765. Therefore, it implies a Short% of Shares Outstanding of 1283746 and a Short% of Float of 2.1399999999999997.
Dividends & Splits
With its trailing 12-month dividend rate of 0.52, HTBK has a forward annual dividend rate of 0.52. Against a Trailing Annual Dividend Yield of 0.049195837The stock’s 5-year Average Dividend Yield is 5.34. The current Payout Ratio is 78.94% for HTBK, which recently paid a dividend on 2025-05-08 with an ex-dividend date of 1746662400. Stock splits for the company last occurred on 2000-02-03 when the company split stock in a 11:10 ratio.
