Hanover Bancorp (HNVR) Stock Forecast, Price Target & Predictions
HNVR Stock Forecast
Hanover Bancorp stock forecast is as follows: an average price target of $22.00 (represents a -1.43% downside from HNVR’s last price of $22.32) and a rating consensus of 'Buy', based on 1 wall street analysts offering a 1-year stock forecast.
HNVR Price Target
The average price target for Hanover Bancorp (HNVR) is $22.00 based on 1-year price targets from 1 Wall Street analysts in the past 3 months, with a price target range of $22.00 to $22.00. This represents a potential -1.43% downside from HNVR's last price of $22.32.
HNVR Analyst Ratings
According to 1 Wall Street analysts, Hanover Bancorp's rating consensus is 'Buy'. The analyst rating breakdown for HNVR stock is 0 'Strong Buy' (0.00%), 1 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Hanover Bancorp Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 24, 2024 | Mark Fitzgibbon | Piper Sandler | $22.00 | $19.22 | 14.46% | -1.43% |
| Jul 25, 2024 | Mark Fitzgibbon | Piper Sandler | $20.00 | $17.65 | 13.30% | -10.39% |
The latest Hanover Bancorp stock forecast, released on Oct 24, 2024 by Mark Fitzgibbon from Piper Sandler, set a price target of $22.00, which represents a 14.46% increase from the stock price at the time of the forecast ($19.22), and a -1.43% decrease from HNVR last price ($22.32).
Hanover Bancorp Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 2 |
| Avg Price Target | - | $22.00 | $21.00 |
| Last Closing Price | $22.32 | $22.32 | $22.32 |
| Upside/Downside | -100.00% | -1.43% | -5.91% |
In the current month, the average price target of Hanover Bancorp stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Hanover Bancorp's last price of $22.32. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 24, 2024 | Piper Sandler | Overweight | Overweight | Hold |
| Jul 25, 2024 | Piper Sandler | Overweight | Overweight | Hold |
Hanover Bancorp's last stock rating was published by Piper Sandler on Oct 24, 2024. The company gave HNVR a "Overweight" rating, the same as its previous rate.
Hanover Bancorp Financial Forecast
Hanover Bancorp Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | $15.51M | $15.48M | $15.68M | $16.68M | $1.70M |
| Avg Forecast | $24.80M | $24.00M | $23.30M | $22.70M | $21.90M | $21.00M | $20.10M | $19.00M | $17.50M | $17.30M | $17.00M | $15.40M | $14.80M | $16.80M | $19.30M | $17.50M | $19.30M | $17.80M |
| High Forecast | $24.80M | $24.00M | $23.30M | $22.70M | $21.90M | $21.00M | $20.10M | $19.00M | $17.50M | $17.30M | $17.00M | $15.65M | $14.80M | $17.50M | $19.30M | $17.50M | $20.05M | $17.80M |
| Low Forecast | $24.80M | $24.00M | $23.30M | $22.70M | $21.90M | $21.00M | $20.10M | $19.00M | $17.50M | $17.30M | $17.00M | $15.15M | $14.80M | $16.10M | $19.30M | $17.50M | $18.55M | $17.80M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.92% | 0.80% | 0.90% | 0.86% | 0.10% |
Hanover Bancorp's average Quarter revenue forecast for Dec 23 based on 1 analysts is $14.80M, with a low forecast of $14.80M, and a high forecast of $14.80M. HNVR's average Quarter revenue forecast represents a -4.55% decrease compared to the company's last Quarter revenue of $15.51M (Sep 23).
Hanover Bancorp EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.48M | $41.00K | $15.32M | $14.65M | $11.17M |
| Avg Forecast | $7.50M | $7.26M | $7.05M | $6.86M | $6.62M | $6.35M | $6.08M | $5.75M | $5.29M | $5.23M | $5.14M | $4.66M | $4.48M | $5.08M | $5.84M | $5.29M | $5.84M | $5.76M |
| High Forecast | $7.50M | $7.26M | $7.05M | $6.86M | $6.62M | $6.35M | $6.08M | $5.75M | $5.29M | $5.23M | $5.14M | $4.73M | $4.48M | $5.29M | $5.84M | $5.29M | $6.06M | $5.76M |
| Low Forecast | $7.50M | $7.26M | $7.05M | $6.86M | $6.62M | $6.35M | $6.08M | $5.75M | $5.29M | $5.23M | $5.14M | $4.58M | $4.48M | $4.87M | $5.84M | $5.29M | $5.61M | $5.76M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.29% | 0.01% | 2.89% | 2.51% | 1.94% |
1 analysts predict HNVR's average Quarter EBITDA for Dec 23 to be $4.48M, with a high of $4.48M and a low of $4.48M. This is 201.79% upper than Hanover Bancorp's previous annual EBITDA (Sep 23) of $1.48M.
Hanover Bancorp Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $3.52M | $3.09M | $3.21M | $5.34M | $5.82M |
| Avg Forecast | $6.17M | $5.95M | $5.65M | $5.39M | $5.21M | $4.61M | $4.09M | $3.68M | $3.64M | $3.20M | $3.57M | $3.16M | $2.64M | $4.35M | $5.91M | $5.54M | $5.91M | $5.69M |
| High Forecast | $6.17M | $5.95M | $5.65M | $5.39M | $5.21M | $4.61M | $4.09M | $3.68M | $3.64M | $3.20M | $3.64M | $3.16M | $2.64M | $4.35M | $5.91M | $5.54M | $6.10M | $5.69M |
| Low Forecast | $6.17M | $5.95M | $5.65M | $5.39M | $5.21M | $4.61M | $4.09M | $3.68M | $3.64M | $3.20M | $3.49M | $3.16M | $2.64M | $4.35M | $5.91M | $5.54M | $5.73M | $5.69M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.81% | 0.52% | 0.58% | 0.90% | 1.02% |
Hanover Bancorp's average Quarter net income forecast for Dec 23 is $2.64M, with a range of $2.64M to $2.64M. HNVR's average Quarter net income forecast represents a -25.07% decrease compared to the company's last Quarter net income of $3.52M (Sep 23).
Hanover Bancorp SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $6.25M | $6.18M | $5.75M | $4.48M | $4.81M |
| Avg Forecast | $71.62M | $69.31M | $67.29M | $65.56M | $63.25M | $60.65M | $58.05M | $54.87M | $50.54M | $49.96M | $49.09M | $44.47M | $42.74M | $48.52M | $55.74M | $50.54M | $55.74M | $50.84M |
| High Forecast | $71.62M | $69.31M | $67.29M | $65.56M | $63.25M | $60.65M | $58.05M | $54.87M | $50.54M | $49.96M | $49.09M | $45.20M | $42.74M | $50.54M | $55.74M | $50.54M | $57.90M | $50.84M |
| Low Forecast | $71.62M | $69.31M | $67.29M | $65.56M | $63.25M | $60.65M | $58.05M | $54.87M | $50.54M | $49.96M | $49.09M | $43.75M | $42.74M | $46.50M | $55.74M | $50.54M | $53.57M | $50.84M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.13% | 0.11% | 0.11% | 0.08% | 0.09% |
Hanover Bancorp's average Quarter SG&A projection for Dec 23 is $42.74M, based on 1 Wall Street analysts, with a range of $42.74M to $42.74M. The forecast indicates a 583.53% rise compared to HNVR last annual SG&A of $6.25M (Sep 23).
Hanover Bancorp EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.48 | $0.42 | $0.44 | $0.73 | $0.80 |
| Avg Forecast | $0.83 | $0.80 | $0.76 | $0.72 | $0.70 | $0.62 | $0.55 | $0.49 | $0.49 | $0.43 | $0.48 | $0.42 | $0.35 | $0.58 | $0.80 | $0.74 | $0.80 | $0.79 |
| High Forecast | $0.83 | $0.80 | $0.76 | $0.72 | $0.70 | $0.62 | $0.55 | $0.49 | $0.49 | $0.43 | $0.49 | $0.42 | $0.35 | $0.58 | $0.80 | $0.74 | $0.82 | $0.79 |
| Low Forecast | $0.83 | $0.80 | $0.76 | $0.72 | $0.70 | $0.62 | $0.55 | $0.49 | $0.49 | $0.43 | $0.47 | $0.42 | $0.35 | $0.58 | $0.80 | $0.74 | $0.77 | $0.79 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.82% | 0.53% | 0.59% | 0.92% | 1.01% |
According to 1 Wall Street analysts, Hanover Bancorp's projected average Quarter EPS for Dec 23 is $0.35, with a low estimate of $0.35 and a high estimate of $0.35. This represents a -26.04% decrease compared to HNVR previous annual EPS of $0.48 (Sep 23).