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How to buy Hanover Bancorp stock in Canada
Hanover Bancorp stock has moved -0.69% from yesterday's closing price. Learn how to easily invest in Hanover Bancorp stock.
Hanover Bancorp is a banks-regional business based in the US. Hanover Bancorp stocks (HNVR.US) are listed on the NASDAQ and all prices are listed in US Dollars. Its last market close was $20.26 – a decrease of 1.89% over the previous week. Hanover Bancorp employs 136 staff and has a trailing 12-month revenue of around $61.9 million.
How to buy stocks in Hanover Bancorp
- Compare stock trading platforms. Use our comparison table to help you find a platform that fits you.
- Open your brokerage account. Complete an application with your details.
- Confirm your payment details. Fund your account.
- Research the stock. Find the stock by name or ticker symbol – HNVR – and research it before deciding if it's a good investment for you.
- Purchase now or later. Buy your desired number of stocks with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
- Check in on your investment. Optimize your portfolio by tracking your stock.
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What's in this guide?
- Can I buy shares in Hanover Bancorp?
- Hanover Bancorp shares summary
- Compare share dealing platforms
- Is Hanover Bancorp stock a buy or sell?
- Hanover Bancorp performance over time
- Are Hanover Bancorp shares over-valued?
- Hanover Bancorp's financials
- Does Hanover Bancorp pay a dividend?
- Other common questions
Hanover Bancorp stock price (NASDAQ:HNVR)
Use our graph to track the performance of HNVR stocks over time.Hanover Bancorp shares at a glance
Information last updated 2022-05-23.
| Latest market close | $20.26 |
|---|---|
| 52-week range | $20.11 - $24.68 |
| 50-day moving average | $21.31 |
| 200-day moving average | $21.31 |
| Wall St. target price | N/A |
| PE ratio | 5.9563 |
| Dividend yield | $0.1 (0.47%) |
| Earnings per share (TTM) | $3.57 |
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Note: The dollar amounts in the table below are in Canadian dollars.
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Is it a good time to buy Hanover Bancorp 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.
Hanover Bancorp price performance over time
Historical closes compared with the close of $20.26 from 2022-07-01
| 1 week (2022-06-28) | -1.89% |
|---|---|
| 1 month (2022-06-06) | -4.84% |
| 3 months (2022-04-02) | N/A |
| 6 months (2022-01-02) | N/A |
| 1 year (2021-07-02) | N/A |
|---|---|
| 2 years (2020-07-02) | N/A |
| 3 years (2019-07-02) | N/A |
| 5 years (2017-07-02) | N/A |
Is Hanover Bancorp under- or over-valued?
Valuing Hanover Bancorp stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Hanover Bancorp's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Hanover Bancorp's P/E ratio
Hanover Bancorp's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 6x. In other words, Hanover Bancorp shares trade at around 6x 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.
Hanover Bancorp financials
| Revenue TTM | $61.9 million |
|---|---|
| Operating margin TTM | 48.03% |
| Gross profit TTM | $44.1 million |
| Return on assets TTM | 1.66% |
| Return on equity TTM | 18.13% |
| Profit margin | 31.78% |
| Book value | $23.12 |
| Market capitalisation | $150.9 million |
TTM: trailing 12 months
Hanover Bancorp share dividends
We're not expecting Hanover Bancorp to pay a dividend over the next 12 months.
Hanover Bancorp overview
Hanover Bancorp, Inc. operates as the bank holding company for Hanover Community Bank that provides banking products and services for small and medium-sized businesses, municipalities, and individuals in the New York metro area. The company offers checking, savings, money market, NOW, and individual retirement accounts, as well as certificates of deposits and time deposits; cards; and residential and commercial real estate mortgages, commercial and industrial loans, lines of credit, and small business administration loans, as well as home equity, multi-family, business, bridge, and other personal purpose loans. It operates branch offices located in Manhattan, Brooklyn, Queens, and Nassau County, New York; and administrative office in Suffolk County, New York. The company was founded in 2008 and is headquartered in Mineola, New York. .
Stocks similar to Hanover Bancorp
Hanover Bancorp in the news
Hanover Bancorp, Inc. Announces Closing on Overallotment Option and Issuance of 191,250 Shares of Common Stock
Frequently asked questions
Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.
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