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Hope Bancorp (HOPE)
:HOPE
Holding HOPE?
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HOPE Stock Chart & Stats
Day’s Range― - ―
52-Week Range$9.80 - $14.54
Previous CloseN/A
Volume150.16K
Average Volume (3M)643.13K
Market Cap
$1.45B
Enterprise Value$1.61B
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)$854.10M
Price to Earnings (P/E)14.5
Beta1.20
Next Earnings
Jan 27, 2025EPS Estimate
0.14Last Dividend Ex-Date
Nov 07, 2024Dividend Yield4.61%
Share Statistics
EPS (TTM)0.84
Shares Outstanding120,738,976
10 Day Avg. Volume568,719
30 Day Avg. Volume643,134
Standard Deviation0.11
R-Squared0.30
Alpha-0.00617
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)2.98
Price to Cash Flow (P/CF)5.80
P/FCF Ratio2.30
Enterprise Value/Market Cap1.11
Enterprise Value/Revenue3.21
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$14.50Price Target Upside20.93% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering3
Hope Bancorp News
PremiumCompany Announcements
Hope Bancorp Reports Strong Growth and Upcoming Merger
Bulls Say, Bears Say
Bulls Say
Deposit GrowthNon-interest bearing deposits increased sequentially, driving a positive mix shift.
Expense ManagementExpenses are guided to decline by more than 7% compared to previously expected more than 5%, driven by benefits from reorganization and process improvements.
Loan GrowthLoan growth is expected to be driven by growth in residential mortgage, improving loan pipelines in CRE and C&I, and growth in SBA loan production.
Bears Say
Credit QualityCredit quality weakened as non-performing assets increased significantly.
Financial PerformanceCore PPNR of $37 million was below the forecast of $46 million and consensus of $41 million.
Loan GrowthLoan growth was weaker than expected driven by elevated payoffs and paydowns in the C&I portfolio.
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Ownership Overview
4.94% Insiders
31.28% Mutual Funds
0.16% Other Institutional Investors
31.00% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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HOPE FAQ
What was Hope Bancorp’s price range in the past 12 months?
Hope Bancorp lowest stock price was $9.80 and its highest was $14.54 in the past 12 months.
What is Hope Bancorp’s market cap?
Hope Bancorp’s market cap is $1.45B.
When is Hope Bancorp’s upcoming earnings report date?
Hope Bancorp’s upcoming earnings report date is Jan 27, 2025 which is in 9 days.
How were Hope Bancorp’s earnings last quarter?
Hope Bancorp released its earnings results on Oct 28, 2024. The company reported $0.21 earnings per share for the quarter, missing the consensus estimate of $0.216 by -$0.006.
Is Hope Bancorp overvalued?
According to Wall Street analysts Hope Bancorp’s price is currently Undervalued.
Does Hope Bancorp pay dividends?
Hope Bancorp pays a Quarterly dividend of $0.56 which represents an annual dividend yield of 4.61%. See more information on Hope Bancorp dividends here
What is Hope Bancorp’s EPS estimate?
Hope Bancorp’s EPS estimate is 0.14.
How many shares outstanding does Hope Bancorp have?
Hope Bancorp has 120,738,976 shares outstanding.
What happened to Hope Bancorp’s price movement after its last earnings report?
Hope Bancorp reported an EPS of $0.21 in its last earnings report, missing expectations of $0.216. Following the earnings report the stock price went up 0.486%.
Which hedge fund is a major shareholder of Hope Bancorp?
Currently, no hedge funds are holding shares in HOPE
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Hope Bancorp Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$14.50 (20.93% Upside)
$14.50 (20.93% Upside)
Blogger Sentiment
Bullish
HOPE Sentiment 70%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 57.5K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $2.1M over
the Last 3 Months
the Last 3 Months
Technicals
SMA
Positive
20 days / 200 days
Momentum
10.75%
12-Months-Change
Fundamentals
Return on Equity
4.85%
Trailing 12-Months
Asset Growth
-13.56%
Trailing 12-Months
Company Description
Hope Bancorp
Hope Bancorp, Inc. is a bank holding company, which engages in the provision of financial services through its subsidiary, Bank of Hope. It offers core business banking products for small and medium-sized businesses and individuals. Its products and services include certificate of deposit, online banking, bill payment, mobile banking, credits card, and mortgage loans. The company was founded in February 2000 and is headquartered in Los Angeles, CA.
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HOPE Company Deck
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HOPE Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call presented a mixed outlook with strong core deposit growth and record capital ratios being notable positives. However, challenges such as a decline in net interest margin, an increase in criticized loans, and higher provisions for credit losses balance out these achievements.Read More>---
HOPE Stock 12 Month Forecast
Average Price Target
$14.50
▲(20.93% Upside)
Technical Analysis
Cvb Financial
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First Financial Bankshares
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Glacier Bancorp
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Banc of California
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Evans Bancorp
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First Merchants
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Best Analysts Covering HOPE
1 Year
1 Year Success Rate
5/8 ratings generated profit
1 Year Average Return
+5.76%
reiterated a buy rating 3 months ago
Copying Gary Tenner's trades and holding each position for 1 Year would result in 62.50% of your transactions generating a profit, with an average return of +5.76% per trade.
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