Investment Analysts’ Recent Ratings Changes for Heritage Commerce (HTBK)

Posted by Alanna Baker on Jan 8th, 2026

Heritage Commerce (NASDAQ: HTBK) has recently received a number of price target changes and ratings updates:

1/7/2026 – Heritage Commerce was downgraded by analysts at Raymond James Financial, Inc. from an “outperform” rating to a “market perform” rating.
1/5/2026 – Heritage Commerce was downgraded by analysts at Zacks Research from a “strong-buy” rating to a “hold” rating.
1/5/2026 – Heritage Commerce had its “equal weight” rating reaffirmed by analysts at Stephens.
12/29/2025 – Heritage Commerce had its “hold (c+)” rating reaffirmed by analysts at Weiss Ratings.
12/22/2025 – Heritage Commerce had its “hold (c+)” rating reaffirmed by analysts at Weiss Ratings.
12/22/2025 – Heritage Commerce was downgraded by analysts at Janney Montgomery Scott from a “buy” rating to a “neutral” rating. They now have a $14.00 price target on the stock, up previously from $12.00.
12/20/2025 – Heritage Commerce was downgraded by analysts at Wall Street Zen from a “hold” rating to a “sell” rating.
12/18/2025 – Heritage Commerce had its “neutral” rating reaffirmed by analysts at DA Davidson. They now have a $14.50 price target on the stock, up previously from $12.50.
12/18/2025 – Heritage Commerce was downgraded by analysts at DA Davidson from a “buy” rating to a “hold” rating. They now have a $14.50 price target on the stock, up previously from $12.50.
12/15/2025 – Heritage Commerce had its “hold (c+)” rating reaffirmed by analysts at Weiss Ratings.
12/8/2025 – Heritage Commerce had its “hold (c+)” rating reaffirmed by analysts at Weiss Ratings.
12/1/2025 – Heritage Commerce had its “hold (c+)” rating reaffirmed by analysts at Weiss Ratings.
11/25/2025 – Heritage Commerce had its “hold (c+)” rating reaffirmed by analysts at Weiss Ratings.
11/19/2025 – Heritage Commerce had its “hold (c+)” rating reaffirmed by analysts at Weiss Ratings.
11/13/2025 – Heritage Commerce had its “hold (c+)” rating reaffirmed by analysts at Weiss Ratings.

Heritage Commerce Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, November 20th. Shareholders of record on Thursday, November 6th were issued a dividend of $0.13 per share. The ex-dividend date was Thursday, November 6th. This represents a $0.52 annualized dividend and a yield of 4.1%. Heritage Commerce’s payout ratio is currently 74.29%.

Heritage Commerce Corporation, headquartered in Farmington Hills, Michigan, is the bank holding company for Heritage Bank, N.A., a community-oriented financial institution. Traded on NASDAQ under the symbol HTBK, the company focuses on delivering tailored banking services to businesses, professionals and individuals throughout Southeastern Michigan.

Heritage Bank, N.A. offers a comprehensive portfolio of deposit and lending products designed to meet the needs of commercial and consumer clients.