How to buy Heritage Commerce stock | $9.66

Heritage Commerce Corp is a banks-regional business based in the US. Heritage Commerce shares (HTBK) are listed on the NASDAQ and all prices are listed in US Dollars. Heritage Commerce employs 342 staff and has a trailing 12-month revenue of around USD$139.4 million.

How to buy shares in Heritage Commerce

1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
3. Search for Heritage Commerce. Find the stock by name or ticker symbol: HTBK. Research its history to confirm it's a solid investment against your financial goals.
4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Heritage Commerce reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
5. Decide on how many to buy. At last close price of USD$9.66, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Heritage Commerce, depending on your broker.
6. Check in on your investment. Congratulations, you own a part of Heritage Commerce. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Heritage Commerce share price

Use our graph to track the performance of HTBK stocks over time.

Heritage Commerce shares at a glance

• Key figures

Information last updated 2020-12-26.

Latest market close	USD$9.66
52-week range	USD$5.7227 - USD$12.0976
50-day moving average	USD$8.6847
200-day moving average	USD$7.4791
Wall St. target price	USD$9.7
PE ratio	18.5535
Dividend yield	USD$0.52 (5.88%)
Earnings per share (TTM)	USD$0.477

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Is it a good time to buy Heritage Commerce stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Technical Analysis of Heritage Commerce Corp by TradingView

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Heritage Commerce price performance over time

Historical closes compared with the close of $9.66 from 2021-01-11

1 week (2021-01-09)	N/A
1 month (2020-12-18)	9.65%
3 months (2020-10-16)	36.25%
6 months (2020-07-17)	40.61%

1 year (2020-01-17)	-23.27%
2 years (2019-01-18)	-25.06%
3 years (2018-01-18)	16.48
5 years (2016-01-16)	N/A

Is Heritage Commerce under- or over-valued?

Valuing Heritage Commerce stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Heritage Commerce's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Heritage Commerce's P/E ratio

Heritage Commerce's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 19x. In other words, Heritage Commerce shares trade at around 19x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Heritage Commerce's PEG ratio

Heritage Commerce's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.88. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Heritage Commerce's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Heritage Commerce financials

Revenue TTM	USD$139.4 million
Operating margin TTM	38.15%
Gross profit TTM	USD$141.2 million
Return on assets TTM	0.75%
Return on equity TTM	6.03%
Profit margin	21.07%
Book value	$9.644
Market capitalisation	USD$530.2 million

TTM: trailing 12 months

Shorting Heritage Commerce shares

There are currently 1.1 million Heritage Commerce shares held short by investors – that's known as Heritage Commerce's "short interest". This figure is 11.2% down from 1.2 million last month.

There are a few different ways that this level of interest in shorting Heritage Commerce shares can be evaluated.

Heritage Commerce's "short interest ratio" (SIR)

Heritage Commerce's "short interest ratio" (SIR) is the quantity of Heritage Commerce shares currently shorted divided by the average quantity of Heritage Commerce shares traded daily (recently around 211395.61068702). Heritage Commerce's SIR currently stands at 5.24. In other words for every 100,000 Heritage Commerce shares traded daily on the market, roughly 5240 shares are currently held short.

However Heritage Commerce's short interest can also be evaluated against the total number of Heritage Commerce shares, or, against the total number of tradable Heritage Commerce shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Heritage Commerce's short interest could be expressed as 0.02% of the outstanding shares (for every 100,000 Heritage Commerce shares in existence, roughly 20 shares are currently held short) or 0.0214% of the tradable shares (for every 100,000 tradable Heritage Commerce shares, roughly 21 shares are currently held short).

A SIR below 10% would generally be considered to indicate a fairly optimistic outlook for the share price, with fewer people currently willing to bet against Heritage Commerce.

Find out more about how you can short Heritage Commerce stock.

Heritage Commerce share dividends

Dividend payout ratio: 65.3% of net profits

Recently Heritage Commerce has paid out, on average, around 65.3% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 5.88% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Heritage Commerce shareholders could enjoy a 5.88% return on their shares, in the form of dividend payments. In Heritage Commerce's case, that would currently equate to about $0.52 per share.

Heritage Commerce's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

Heritage Commerce's most recent dividend payout was on 20 November 2020. The latest dividend was paid out to all shareholders who bought their shares by 5 November 2020 (the "ex-dividend date").

Have Heritage Commerce's shares ever split?

Heritage Commerce's shares were split on a 11:10 basis on 3 February 2000. So if you had owned 10 shares the day before before the split, the next day you'd have owned 11 shares. This wouldn't directly have changed the overall worth of your Heritage Commerce shares – just the quantity. However, indirectly, the new 9.1% lower share price could have impacted the market appetite for Heritage Commerce shares which in turn could have impacted Heritage Commerce's share price.

Heritage Commerce share price volatility

Over the last 12 months, Heritage Commerce's shares have ranged in value from as little as $5.7227 up to $12.0976. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Heritage Commerce's is 1.1984. This would suggest that Heritage Commerce's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).

Heritage Commerce overview

Heritage Commerce Corp operates as the bank holding company for Heritage Bank of Commerce that provides various commercial and personal banking services to residents and the business/professional community in California. It offers a range of deposit products for business banking and retail markets, including interest and non-interest bearing demand, savings accounts, certificate of deposit, money market accounts, and time deposits. The company also provides various loan products comprising commercial loans, such as operating secured and unsecured loans advanced for working capital, equipment purchases, and other business purposes; commercial real estate loans; commercial construction loans for rental properties, commercial buildings, and homes; home equity lines of credit; residential mortgage loans; consumer loans consisting of loans for financing automobiles, various consumer goods, and other personal purposes; and small business administration loans. In addition, it offers other banking services, including cashier's checks, bank-by-mail, night depositories, safe deposit boxes, direct deposit, automated payroll, electronic funds transfer, online bill pay, homeowner association, remote deposit capture, automated clearing house origination, electronic data interchange, and check imaging services, as well as other customary banking, factoring financing, and electronic banking services. The company provides its banking products and services through 19 full service branch offices in the southern and eastern regions of the general San Francisco Bay Area of California in the counties of Alameda, Contra Costa, Marin, San Benito, San Francisco, San Mateo, and Santa Clara. Heritage Commerce Corp was founded in 1997 and is headquartered in San Jose, California.

Frequently asked questions

• What percentage of Heritage Commerce is owned by insiders or institutions?

  Currently 4.116% of Heritage Commerce shares are held by insiders and 69.264% by institutions.

• How many people work for Heritage Commerce?

  Latest data suggests 342 work at Heritage Commerce.

• When does the fiscal year end for Heritage Commerce?

  Heritage Commerce's fiscal year ends in December.

• Where is Heritage Commerce based?

  Heritage Commerce's address is: 224 Airport Parkway, San Jose, CA, United States, 95110

• What is Heritage Commerce's ISIN number?

  Heritage Commerce's international securities identification number is: US4269271098

• What is Heritage Commerce's CUSIP number?

  Heritage Commerce's Committee on Uniform Securities Identification Procedures number is: 426927109