Heritage Commerce Corp (HTBK)
NASDAQ: HTBK · Real-Time Price · USD
10.80
+0.28 (2.66%)
Nov 21, 2024, 11:39 AM EST - Market open

Heritage Commerce Statistics

Total Valuation

HTBK has a market cap or net worth of $662.08 million.

Market Cap 662.08M
Enterprise Value n/a

Important Dates

The last earnings date was Thursday, October 24, 2024, after market close.

Earnings Date Oct 24, 2024
Ex-Dividend Date Nov 7, 2024

Share Statistics

HTBK has 61.30 million shares outstanding. The number of shares has increased by 0.28% in one year.

Current Share Class 61.30M
Shares Outstanding 61.30M
Shares Change (YoY) +0.28%
Shares Change (QoQ) +0.18%
Owned by Insiders (%) 4.24%
Owned by Institutions (%) 72.13%
Float 54.99M

Valuation Ratios

The trailing PE ratio is 15.22 and the forward PE ratio is 15.73.

PE Ratio 15.22
Forward PE 15.73
PS Ratio 3.81
Forward PS 3.60
PB Ratio 0.94
P/TBV Ratio 1.26
P/FCF Ratio 38.81
P/OCF Ratio 34.73
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings n/a
EV / Sales n/a
EV / EBITDA n/a
EV / EBIT n/a
EV / FCF n/a

Financial Position

Current Ratio n/a
Quick Ratio n/a
Debt / Equity n/a
Debt / EBITDA n/a
Debt / FCF 4.30
Interest Coverage n/a

Financial Efficiency

Return on equity (ROE) is 6.42%.

Return on Equity (ROE) 6.42%
Return on Assets (ROA) 0.79%
Return on Capital (ROIC) n/a
Revenue Per Employee $484,734
Profits Per Employee $123,883
Employee Count 349
Asset Turnover n/a
Inventory Turnover n/a

Taxes

In the past 12 months, HTBK has paid $17.17 million in taxes.

Income Tax 17.17M
Effective Tax Rate 28.42%

Stock Price Statistics

The stock price has increased by +19.55% in the last 52 weeks. The beta is 0.91, so HTBK's price volatility has been similar to the market average.

Beta (5Y) 0.91
52-Week Price Change +19.55%
50-Day Moving Average 9.97
200-Day Moving Average 9.03
Relative Strength Index (RSI) 56.35
Average Volume (20 Days) 364,644

Short Selling Information

The latest short interest is 461,113, so 0.75% of the outstanding shares have been sold short.

Short Interest 461,113
Short Previous Month 805,977
Short % of Shares Out 0.75%
Short % of Float 0.84%
Short Ratio (days to cover) 1.49

Income Statement

In the last 12 months, HTBK had revenue of $169.17 million and earned $43.24 million in profits. Earnings per share was $0.71.

Revenue 169.17M
Gross Profit 169.17M
Operating Income 60.40M
Pretax Income 68.20M
Net Income 43.24M
EBITDA n/a
EBIT n/a
Earnings Per Share (EPS) $0.71
Full Income Statement

Balance Sheet

The company has $956.31 million in cash and $71.53 million in debt, giving a net cash position of $884.78 million or $14.43 per share.

Cash & Cash Equivalents 956.31M
Total Debt 71.53M
Net Cash 884.78M
Net Cash Per Share $14.43
Equity (Book Value) 685.35M
Book Value Per Share 11.18
Working Capital -3.77B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $18.57 million and capital expenditures -$1.96 million, giving a free cash flow of $16.62 million.

Operating Cash Flow 18.57M
Capital Expenditures -1.96M
Free Cash Flow 16.62M
FCF Per Share $0.27
Full Cash Flow Statement

Margins

Gross Margin n/a
Operating Margin 35.70%
Pretax Margin 35.70%
Profit Margin 25.56%
EBITDA Margin n/a
EBIT Margin n/a
FCF Margin 15.92%

Dividends & Yields

This stock pays an annual dividend of $0.52, which amounts to a dividend yield of 4.84%.

Dividend Per Share $0.52
Dividend Yield 4.84%
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio 73.63%
Buyback Yield -0.28%
Shareholder Yield 4.66%
Earnings Yield 6.70%
FCF Yield 2.58%
Dividend Details

Analyst Forecast

The average price target for HTBK is $11.50, which is 6.48% higher than the current price. The consensus rating is "Buy".

Price Target $11.50
Price Target Difference 6.48%
Analyst Consensus Buy
Analyst Count 3
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

The last stock split was on February 3, 2000. It was a forward split with a ratio of 1.1:1.

Last Split Date Feb 3, 2000
Split Type Forward
Split Ratio 1.1:1

Scores

Altman Z-Score n/a
Piotroski F-Score 3