Hanover Bancorp is a banks - regional business based in the US. Hanover Bancorp shares (HNVR) are listed on the NASDAQ and all prices are listed in US Dollars. Its last market close was $24.05 – an increase of 5.95% over the previous week.
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| Latest market close | $24.05 |
|---|---|
| 52-week range | $13.39 - $22.71 |
| 50-day moving average | $19.25 |
| 200-day moving average | $17.20 |
| Wall St. target price | $22.50 |
| PE ratio | 12.337 |
| Dividend yield | $0 (1.76%) |
| Earnings per share (TTM) | $1.84 |
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.
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.
Historical closes compared with the close of $24.05 from 2024-11-25
| 1 week (2024-11-20) | 5.95% |
|---|---|
| 1 month (2024-10-25) | 27.32% |
| 3 months (2024-08-27) | 35.49% |
| 6 months (2024-05-24) | 45.76% |
| 1 year (2023-11-27) | 36.49% |
|---|---|
| 2 years (2022-11-25) | 22.29% |
| 3 years (2021-11-23) | N/A |
| 5 years (2019-11-23) | N/A |
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 current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 12x. In other words, Hanover Bancorp shares trade at around 12x 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.
| Revenue TTM | $64 million |
|---|---|
| Operating margin TTM | 29.53% |
| Gross profit TTM | $65.7 million |
| Return on assets TTM | 0.66% |
| Return on equity TTM | 7.8% |
| Profit margin | 21.35% |
| Book value | $25.95 |
| Market Capitalization | $162.4 million |
TTM: trailing 12 months
Dividend payout ratio: 24.24% of net profits
Recently Hanover Bancorp has paid out, on average, around 0% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Hanover Bancorp shareholders could enjoy a 0% return on their shares, in the form of dividend payments. In Hanover Bancorp's case, that would currently equate to about $0 per share.
While Hanover Bancorp's payout ratio might seem low, this can signify that Hanover Bancorp is investing more in its future growth.
Hanover Bancorp's most recent dividend payout was on 12 November 2024. The latest dividend was paid out to all shareholders who bought their shares by 5 November 2024 (the "ex-dividend date").
Over the last 12 months, Hanover Bancorp's shares have ranged in value from as little as $13.3896 up to $22.71. 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 Hanover Bancorp's is -0.261. This would suggest that Hanover Bancorp's shares have been inversely-correlated to the average (for this exchange) – so when the broader market trended up or down, Hanover Bancorp has bucked the trend.
Hanover Bancorp, Inc. , a bank holding company for Hanover Community Bank, provides personal and business lending and deposit services to businesses, municipalities, and individuals in the New York metro area. The company offers checking, credit cards, debit cards, money market, savings, government and municipal banking, and professional services, as well as time deposits, including certificate of deposit and individual retirement accounts. It also provides business loans, commercial real estate financing, small business administration, lending directory services, and residential mortgage. In addition, the company offers cash management, online and mobile banking, merchant services, and digital solutions. Its banking offices are located in Nassau, Suffolk, Queens, Kings, New York Counties, New York, Monmouth County, Freehold, and New Jersey. The company was founded in 2008 and is headquartered in Mineola, New York.
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