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Hanover Bancorp (HNVR) Competitors

Hanover Bancorp logo
$19.85
-0.14 (-0.70%)
(As of 11/1/2024 ET)

HNVR vs. LX, HONE, MPB, YRD, ML, MSBI, GCBC, SHBI, HIVE, and PFIS

Should you be buying Hanover Bancorp stock or one of its competitors? The main competitors of Hanover Bancorp include LexinFintech (LX), HarborOne Bancorp (HONE), Mid Penn Bancorp (MPB), Yiren Digital (YRD), MoneyLion (ML), Midland States Bancorp (MSBI), Greene County Bancorp (GCBC), Shore Bancshares (SHBI), HIVE Digital Technologies (HIVE), and Peoples Financial Services (PFIS). These companies are all part of the "banking" industry.

Hanover Bancorp vs.

Hanover Bancorp (NASDAQ:HNVR) and LexinFintech (NASDAQ:LX) are both small-cap finance companies, but which is the superior stock? We will contrast the two businesses based on the strength of their community ranking, institutional ownership, valuation, analyst recommendations, media sentiment, earnings, profitability, risk and dividends.

LexinFintech has higher revenue and earnings than Hanover Bancorp. LexinFintech is trading at a lower price-to-earnings ratio than Hanover Bancorp, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Hanover Bancorp$113.89M1.24$15.16M$1.6512.03
LexinFintech$13.90B0.04$150.14M$0.674.78

Hanover Bancorp has a beta of -0.23, meaning that its share price is 123% less volatile than the S&P 500. Comparatively, LexinFintech has a beta of 0.56, meaning that its share price is 44% less volatile than the S&P 500.

Hanover Bancorp currently has a consensus price target of $22.00, suggesting a potential upside of 10.83%. LexinFintech has a consensus price target of $2.12, suggesting a potential downside of 33.75%. Given Hanover Bancorp's stronger consensus rating and higher probable upside, research analysts clearly believe Hanover Bancorp is more favorable than LexinFintech.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Hanover Bancorp
0 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
3.00
LexinFintech
0 Sell rating(s)
1 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00

LexinFintech received 235 more outperform votes than Hanover Bancorp when rated by MarketBeat users. However, 71.43% of users gave Hanover Bancorp an outperform vote while only 59.70% of users gave LexinFintech an outperform vote.

CompanyUnderperformOutperform
Hanover BancorpOutperform Votes
5
71.43%
Underperform Votes
2
28.57%
LexinFintechOutperform Votes
240
59.70%
Underperform Votes
162
40.30%

Hanover Bancorp has a net margin of 8.39% compared to LexinFintech's net margin of 5.80%. LexinFintech's return on equity of 8.16% beat Hanover Bancorp's return on equity.

Company Net Margins Return on Equity Return on Assets
Hanover Bancorp8.39% 6.79% 0.54%
LexinFintech 5.80%8.16%3.46%

15.0% of Hanover Bancorp shares are held by institutional investors. 24.8% of Hanover Bancorp shares are held by insiders. Comparatively, 27.8% of LexinFintech shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

In the previous week, Hanover Bancorp and Hanover Bancorp both had 3 articles in the media. Hanover Bancorp's average media sentiment score of 0.81 beat LexinFintech's score of 0.37 indicating that Hanover Bancorp is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Hanover Bancorp
1 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
LexinFintech
1 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Hanover Bancorp pays an annual dividend of $0.40 per share and has a dividend yield of 2.0%. LexinFintech pays an annual dividend of $0.12 per share and has a dividend yield of 3.8%. Hanover Bancorp pays out 24.2% of its earnings in the form of a dividend. LexinFintech pays out 17.9% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. LexinFintech is clearly the better dividend stock, given its higher yield and lower payout ratio.

Summary

Hanover Bancorp beats LexinFintech on 10 of the 19 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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HNVR vs. The Competition

MetricHanover BancorpState commercial banks IndustryFinance SectorNASDAQ Exchange
Market Cap$141.53M$3.04B$10.51B$8.53B
Dividend Yield2.01%3.71%10.00%4.14%
P/E Ratio12.0316.1243.3115.12
Price / Sales1.242.523,256.7893.03
Price / Cash9.9210.2430.1334.05
Price / Book0.811.193.985.02
Net Income$15.16M$405.86M$992.99M$225.46M
7 Day Performance5.08%0.65%-0.36%0.37%
1 Month Performance8.95%4.29%0.25%3.57%
1 Year Performance10.03%31.99%22.86%29.42%

Hanover Bancorp Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
HNVR
Hanover Bancorp
4.6815 of 5 stars
$19.85
-0.7%
$22.00
+10.8%
+10.0%$141.53M$113.89M12.03160Short Interest ↓
High Trading Volume
LX
LexinFintech
2.0659 of 5 stars
$3.31
+6.1%
$2.12
-36.0%
+70.2%$543.27M$13.90B4.944,268
HONE
HarborOne Bancorp
2.996 of 5 stars
$12.06
+4.5%
$13.00
+7.8%
+22.8%$538.79M$162.29M31.74640Analyst Upgrade
Short Interest ↑
Analyst Revision
News Coverage
MPB
Mid Penn Bancorp
4.7323 of 5 stars
$32.25
+3.7%
$28.50
-11.6%
+60.5%$538.22M$169.18M11.81620Analyst Forecast
News Coverage
YRD
Yiren Digital
3.4596 of 5 stars
$5.93
+4.8%
N/A+156.0%$515.53M$5.46B1.873,800Analyst Upgrade
ML
MoneyLion
4.4079 of 5 stars
$46.12
+1.5%
$89.17
+93.3%
+124.3%$505.94M$423.43M658.86560Upcoming Earnings
News Coverage
MSBI
Midland States Bancorp
4.7836 of 5 stars
$24.67
+4.4%
$26.00
+5.4%
+13.9%$505.52M$470.89M10.68970Analyst Upgrade
Insider Selling
Analyst Revision
News Coverage
GCBC
Greene County Bancorp
2.6623 of 5 stars
$28.98
+2.7%
N/A+16.5%$493.44M$65.02M19.99210Short Interest ↑
SHBI
Shore Bancshares
2.0836 of 5 stars
$14.74
+2.8%
$15.00
+1.8%
+38.7%$489.72M$199.15M11.79610Dividend Announcement
HIVE
HIVE Digital Technologies
3.2475 of 5 stars
$4.11
+13.2%
$5.70
+38.7%
+14.6%$483.81M$123.14M-11.1120Upcoming Earnings
Analyst Forecast
Gap Up
PFIS
Peoples Financial Services
3.0113 of 5 stars
$47.36
+2.6%
$45.00
-5.0%
+21.5%$472.65M$163.98M19.65400Upcoming Earnings
Dividend Announcement
Analyst Downgrade
News Coverage

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This page (NASDAQ:HNVR) was last updated on 11/2/2024 by MarketBeat.com Staff
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