HarborOne Bancorp (HONE) to Release Quarterly Earnings on Tuesday

HarborOne Bancorp (NASDAQ:HONE - Get Free Report) is expected to be issuing its Q4 2024 quarterly earnings data before the market opens on Tuesday, February 4th. Analysts expect the company to announce earnings of $0.18 per share for the quarter.

HarborOne Bancorp (NASDAQ:HONE - Get Free Report) last announced its earnings results on Tuesday, February 4th. The financial services provider reported $0.20 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.18 by $0.02. HarborOne Bancorp had a return on equity of 3.82% and a net margin of 3.68%. 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 Down 6.3 %

NASDAQ:HONE traded down $0.74 during trading hours on Friday, reaching $10.92. 430,077 shares of the stock were exchanged, compared to its average volume of 160,590. The stock has a market cap of $480.81 million, a PE ratio of 38.96 and a beta of 0.76. HarborOne Bancorp has a twelve month low of $9.15 and a twelve month high of $14.00. The firm has a 50 day moving average of $12.28 and a 200 day moving average of $12.56. The company has a debt-to-equity ratio of 0.92, a current ratio of 1.12 and a quick ratio of 1.11.

HarborOne Bancorp Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, January 14th. Investors of record on Tuesday, December 31st were issued a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a yield of 2.93%. The ex-dividend date of this dividend was Tuesday, December 31st. HarborOne Bancorp's payout ratio is 114.29%.

Wall Street Analysts Forecast Growth

Several brokerages have commented on HONE. StockNews.com raised shares of HarborOne Bancorp from a "sell" rating to a "hold" rating in a research report on Saturday, November 2nd. Piper Sandler dropped their target price on HarborOne Bancorp from $15.00 to $13.00 and set a "neutral" rating on the stock in a report on Friday, October 25th.

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.