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NASDAQ:HONE

HarborOne Bancorp (HONE) Stock Price, News & Analysis

HarborOne Bancorp logo
$11.93
+0.13 (+1.10%)
(As of 11/5/2024 ET)

About HarborOne Bancorp Stock (NASDAQ:HONE)

Key Stats

Today's Range
$11.81
$12.01
50-Day Range
$11.50
$13.49
52-Week Range
$9.15
$14.00
Volume
151,917 shs
Average Volume
148,229 shs
Market Capitalization
$529.79 million
P/E Ratio
42.61
Dividend Yield
2.68%
Price Target
$13.00
Consensus Rating
Hold

Company Overview

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. The company also originates, sells, and services residential mortgage loans. In addition, it provides various educational services, such as free digital content, webinars, and recordings for small business and personal financial education under the HarborOne U name. The company operates through a network of full-service branches located in Massachusetts and Rhode Island, as well as commercial lending offices in each of Boston, Massachusetts, and Providence, Rhode Island, as well as administrative offices in Brockton, Massachusetts, as well as ATM locations in Massachusetts. HarborOne Bancorp, Inc. was founded in 1917 and is headquartered in Brockton, Massachusetts.

HarborOne Bancorp Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
61st Percentile Overall Score

HONE MarketRank™: 

HarborOne Bancorp scored higher than 61% of companies evaluated by MarketBeat, and ranked 358th out of 938 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    HarborOne Bancorp has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.

  • Amount of Analyst Coverage

    HarborOne Bancorp has only been the subject of 1 research reports in the past 90 days.

  • Read more about HarborOne Bancorp's stock forecast and price target.
  • Earnings Growth

    Earnings for HarborOne Bancorp are expected to grow by 40.32% in the coming year, from $0.62 to $0.87 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of HarborOne Bancorp is 42.61, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 128.17.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of HarborOne Bancorp is 42.61, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 46.59.

  • Price to Book Value per Share Ratio

    HarborOne Bancorp has a P/B Ratio of 0.93. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Read more about HarborOne Bancorp's valuation and earnings.
  • Percentage of Shares Shorted

    0.74% of the float of HarborOne Bancorp has been sold short.
  • Short Interest Ratio / Days to Cover

    HarborOne Bancorp has a short interest ratio ("days to cover") of 2, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in HarborOne Bancorp has recently increased by 13.17%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    HarborOne Bancorp pays a meaningful dividend of 2.68%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    HarborOne Bancorp does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of HarborOne Bancorp is 114.29%. Payout ratios above 75% are not desirable because they may not be sustainable.

  • Dividend Sustainability

    Based on earnings estimates, HarborOne Bancorp will have a dividend payout ratio of 36.78% next year. This indicates that HarborOne Bancorp will be able to sustain or increase its dividend.

  • Read more about HarborOne Bancorp's dividend.
  • Percentage of Shares Shorted

    0.74% of the float of HarborOne Bancorp has been sold short.
  • Short Interest Ratio / Days to Cover

    HarborOne Bancorp has a short interest ratio ("days to cover") of 2, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in HarborOne Bancorp has recently increased by 13.17%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    HarborOne Bancorp has a news sentiment score of 0.60. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Finance companies.
  • News Coverage This Week

    MarketBeat has tracked 11 news articles for HarborOne Bancorp this week, compared to 1 article on an average week.
  • Insider Buying vs. Insider Selling

    In the past three months, HarborOne Bancorp insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $162,240.00 in company stock.

  • Percentage Held by Insiders

    Only 4.90% of the stock of HarborOne Bancorp is held by insiders.

  • Percentage Held by Institutions

    65.01% of the stock of HarborOne Bancorp is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about HarborOne Bancorp's insider trading history.
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HONE Stock News Headlines

HarborOne Bancorp (NASDAQ:HONE) Stock Rating Upgraded by StockNews.com
Seaport Res Ptn Has Positive Estimate for HONE Q4 Earnings
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HarborOne Bancorp (NASDAQ:HONE) Downgraded by StockNews.com
HarborOne Bancorp (NASDAQ:HONE) PT Lowered to $13.00
HarborOne Bancorp Q3 Profit Falls On Credit Loss
See More Headlines

HONE Stock Analysis - Frequently Asked Questions

HarborOne Bancorp's stock was trading at $11.98 at the start of the year. Since then, HONE shares have decreased by 0.4% and is now trading at $11.93.
View the best growth stocks for 2024 here
.

HarborOne Bancorp, Inc. (NASDAQ:HONE) announced its quarterly earnings data on Thursday, October, 24th. The financial services provider reported $0.10 EPS for the quarter, missing analysts' consensus estimates of $0.18 by $0.08. The financial services provider had revenue of $79.60 million for the quarter, compared to analyst estimates of $43.37 million. HarborOne Bancorp had a trailing twelve-month return on equity of 3.82% and a net margin of 3.68%.

Top institutional shareholders of HarborOne Bancorp include SG Americas Securities LLC (0.05%), Creative Planning (0.03%) and Eastern Bank (0.01%). Insiders that own company stock include Joseph F Casey, Michael James Sullivan, Linda Simmons, Gordon Jezard, David E Tryder, Joseph E Mcquade and James W Blake.
View institutional ownership trends
.

Shares of HONE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that HarborOne Bancorp investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Tesla (TSLA), Netflix (NFLX), JPMorgan Chase & Co. (JPM) and Alphabet (GOOG).

Company Calendar

Ex-Dividend for 10/28 Dividend
10/11/2024
Last Earnings
10/24/2024
Dividend Payable
10/28/2024
Today
11/05/2024
Fiscal Year End
12/31/2024
Next Earnings (Estimated)
2/04/2025

Industry, Sector and Symbol

Sector
Finance
Industry
State commercial banks
Sub-Industry
Banking
Current Symbol
NASDAQ:HONE
Fax
N/A
Employees
640
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$13.00
High Stock Price Target
$13.00
Low Stock Price Target
$13.00
Potential Upside/Downside
+9.0%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
1 Analysts

Profitability

Net Income
$16.08 million
Pretax Margin
8.15%

Debt

Sales & Book Value

Annual Sales
$162.29 million
Cash Flow
$0.94 per share
Book Value
$12.76 per share

Miscellaneous

Free Float
42,232,000
Market Cap
$529.79 million
Optionable
Optionable
Beta
0.74
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This page (NASDAQ:HONE) was last updated on 11/5/2024 by MarketBeat.com Staff
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