With 0.22 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.33 million shares. During the session, the Banks – Regional company that operates in wider Financial sector, reached to the highest price of $9.07 whereas the lowest price it dropped to was $8.92. The 52-week range on HTBK shows that it touched its highest point at $11.27 and its lowest point at $7.66 during that stretch. It currently has a 1-year price target of $11.75. With its current market cap of 552.34 million, HTBK has annualized dividend of $0.52 while the current yield stands at 5.77%. Beta for the stock currently stands at 0.94.
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 down-trending over the past week, with a drop of -3.94%, but this was down by -14.35% over a month. Three-month performance dropped to -5.26% while six-month performance rose 3.92%. The stock lost -7.59% in the past year, while it has lost -3.94% so far this year. A look at the trailing 12-month EPS for HTBK yields 0.70 with Next year EPS estimates of 0.71. For the next quarter, that number is 0.17. This implies an EPS growth rate of -37.14% for this year and 7.58% 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, 61.30 million HTBK shares are outstanding with a float of 58.78 million shares on hand for trading. On 2024-12-13, short shares totaled 0.86 million, which was 140.99999 higher than short shares on 1731628800. In addition to Mr. Robertson Jones as the firm’s President, CEO & Director, Ms. Deborah K. Reuter serves as its Executive VP, Chief Risk Officer & Corporate Secretary.
Institutional Ownership:
Through their ownership of 0.78239 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 1 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With HTBK analysts setting a high price target of 12.5 and a low target of 11.0, the average target price over the next 12 months is 11.75. Based on these targets, HTBK could surge 38.73% to reach the target high and rise by 22.09% to reach the target low. Reaching the average price target will result in a growth of 30.41% from current levels.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.68 being high and $0.64 being low. For HTBK, this leads to a yearly average estimate of $0.66.
