HarborOne Bancorp Inc

HarborOne Bancorp Inc Stock Forecast & Price Prediction

Live HarborOne Bancorp Inc Stock (HONE) Price
$13.07

4

Ratings

  • Buy 1
  • Hold 3
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$13.07

P/E Ratio

45.07

Volume Traded Today

$131,047

Dividend

$0.08

52 Week High/low

14.00/9.16

HarborOne Bancorp Inc Market Cap

$575.8M

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HONE Summary

The HarborOne Bancorp Inc (HONE) share price is expected to increase by 3.29% over the next year. This is based on calculating the average 12-month share price estimate provided by 4 stock analysts who have covered HONE. Price targets range from $13 at the low end to $14 at the high end. The current analyst consensus for HONE is a buy. Please note analyst price targets are not guaranteed and could be missed completely.

HONE Analyst Ratings

About 4 Wall Street analysts have assignedHONE 1 buy ratings, 3 hold ratings, and 0 sell ratings. This means that analysts expect HarborOne Bancorp Inc to hold. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on HONE. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.

HONE stock forecast by analyst

These are the latest 20 analyst ratings of HONE.

Analyst/Firm

Rating

Price Target

Change

Date

Mark Fitzgibbon
Piper Sandler

Neutral

$13

Maintains

Oct 25, 2024
Mark Fitzgibbon
Piper Sandler

Neutral

$14

Maintains

Jul 26, 2024
Laurie Havener
Seaport Global

Neutral


Initiates

Sep 12, 2023
Steve Moss
Raymond James

Market Perform


Initiates

Apr 6, 2023
Laurie Havener
Compass Point

Neutral

$14

Downgrade

Oct 20, 2022
Mark Fitzgibbon
Piper Sandler

Underweight

$15.5

Downgrade

Mar 18, 2022

Piper Sandler

Neutral


Downgrade

Feb 19, 2021

Sandler O'Neill

Buy


Initiates

Nov 25, 2020

DA Davidson

Neutral


Initiates

Nov 25, 2020

Piper Sandler

Overweight


Maintains

Nov 25, 2020

Compass Point

Buy


Maintains

Nov 25, 2020

Janney Capital

Buy


Initiates

Nov 25, 2020

Piper Sandler

Overweight

$9.5

Maintains

Sep 28, 2020

DA Davidson

Neutral


Initiates

Jun 16, 2020
Laurie Havener
Compass Point

Buy

$10

Maintains

Apr 28, 2020

Compass Point

Buy

$22

Upgrade

Aug 9, 2019

Janney Capital

Buy


Initiates

Aug 6, 2019

Janney Montgomery Scott

Buy


Initiates

Aug 6, 2019

Compass Point

Neutral


Downgrade

Mar 15, 2018

Compass Point

Neutral


Downgrade

Nov 18, 2016

HONE Company Information

What They Do: Provides financial services for individuals and businesses.

Business Model: HarborOne Bancorp operates through its bank and mortgage segments, offering a range of deposit products like checking and savings accounts, alongside lending services including commercial real estate and residential mortgages. The company generates revenue primarily from interest on loans and fees associated with banking services and mortgage originations.

Other Information: Founded in 1917 and headquartered in Brockton, Massachusetts, HarborOne Bancorp serves its customers through a network of branches and commercial lending offices in Massachusetts and Rhode Island. Additionally, it offers educational services to enhance financial literacy under the HarborOne U initiative.
HONE
HarborOne Bancorp Inc (HONE)

When did it IPO

2016

Staff Count

542

Country

United States

Sector/Industry

Financial Services/Banks - Regional

CEO

Mr. Joseph F. Casey

Market Cap

$575.8M

HarborOne Bancorp Inc (HONE) Financial Data

In 2023, HONE generated $166.4M in revenue, which was a decrease of -17.86% from the previous year. This can be seen as a signal that HONE's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

$247.1M

Revenue From 2021

$224.5M

-9.12 %
From Previous Year

Revenue From 2022

$202.5M

-9.80 %
From Previous Year

Revenue From 2023

$166.4M

-17.86 %
From Previous Year
  • Revenue TTM $158.7M
  • Operating Margin TTM 14.5%
  • Gross profit TTM $0
  • Return on assets TTM 0.2%
  • Return on equity TTM 2.0%
  • Profit Margin 7.2%
  • Book Value Per Share 14.11%
  • Market capitalisation $575.8M
  • Revenue for 2021 $224.5M
  • Revenue for 2022 $202.5M
  • Revenue for 2023 $166.4M
  • EPS this year (TTM) $0.29

HarborOne Bancorp Inc (HONE) Latest News

News Image

Thu, 24 Oct 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - HarborOne Bancorp, Inc. has announced its third-quarter results for 2024. Further details on performance metrics and financials may be available in the full report.

Why It Matters - HarborOne Bancorp's Q3 results provide insights into its financial health and performance, impacting stock valuations and investor sentiment in the banking sector.

News Image

Thu, 24 Oct 2024

Sentiment - NEGATIVE

Source - Zacks Investment Research

Summary - HarborOne Bancorp (HONE) reported quarterly earnings of $0.10 per share, below the Zacks Consensus Estimate of $0.18, and down from $0.20 per share a year earlier.

Why It Matters - HarborOne Bancorp's earnings miss signals potential operational issues, impacting investor confidence and possibly leading to stock volatility and reevaluation of growth prospects.

News Image

Fri, 04 Oct 2024

Sentiment - NEUTRAL

Source - Zacks Investment Research

Summary - HarborOne Bancorp (HONE) shows a hammer chart pattern, indicating support, alongside rising earnings estimate revisions, suggesting a potential trend reversal.

Why It Matters - The hammer chart pattern suggests potential support for HarborOne Bancorp, while rising earnings estimates indicate possible upcoming growth, signaling a favorable trend reversal for the stock.

News Image

Mon, 30 Sep 2024

Sentiment - NEUTRAL

Source - Business Wire

Summary - HarborOne Bancorp, Inc. has declared its dividend for the third quarter of 2024.

Why It Matters - HarborOne Bancorp's dividend declaration signals financial health and profitability, potentially attracting income-focused investors and impacting stock price positively.

News Image

Fri, 02 Aug 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - HarborOne Bancorp (HONE) shares are gaining momentum, supported by positive earnings estimate revisions, suggesting potential for continued growth.

Why It Matters - Rising earnings estimate revisions suggest improved financial performance for HarborOne Bancorp (HONE), potentially driving share price appreciation and attracting investor interest.

News Image

Tue, 30 Jul 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - HarborOne Bancorp (HONE) is being evaluated for its potential as a top stock pick for momentum investors. Further analysis is needed to determine its suitability.

Why It Matters - HarborOne Bancorp's potential as a momentum stock could attract investors seeking growth. Market interest may affect share price volatility and trading volume.

...

HONE Frequently asked questions

The highest forecasted price for HONE is $14 from Laurie Havener at Compass Point.

The lowest forecasted price for HONE is $13 from Mark Fitzgibbon from Piper Sandler

The HONE analyst ratings consensus are 1 buy ratings, 3 hold ratings, and 0 sell ratings.