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Hope Bancorp Inc (HOPE)
NASDAQ:HOPE
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HOPE Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$9.45 - $14.54
Previous Close$13.37
Volume516.75K
Average Volume (3M)720.99K
Market Cap
$1.61B
Enterprise Value$1.77B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$156.26M
Price to Earnings (P/E)15.8
Beta1.13
Next Earnings
Jan 28, 2025EPS Estimate
$0.14Last Dividend Ex-Date
Nov 07, 2024Dividend Yield4.2%
Share Statistics
EPS (TTM)0.84
Shares Outstanding120,738,974
10 Day Avg. Volume712,021
30 Day Avg. Volume720,989
Standard Deviation0.11
R-Squared0.29
Alpha-0.00591
Financial Highlights & Ratios
Price to Book (P/B)0.74
Price to Sales (P/S)3.12
Price to Cash Flow (P/CF)6.40
P/FCF Ratio2.50
Enterprise Value/Market CapN/A
Enterprise Value/Revenue3.53
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$14.50Price Target Upside7.41% 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
5.05% Insiders
31.62% Mutual Funds
17.43% Other Institutional Investors
14.09% 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 Inc’s price range in the past 12 months?
Hope Bancorp Inc lowest stock price was $9.45 and its highest was $14.54 in the past 12 months.
What is Hope Bancorp Inc’s market cap?
Currently, no data Available
When is Hope Bancorp Inc’s upcoming earnings report date?
Hope Bancorp Inc’s upcoming earnings report date is Jan 28, 2025 which is in 68 days.
How were Hope Bancorp Inc’s earnings last quarter?
Hope Bancorp Inc 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 Inc overvalued?
According to Wall Street analysts Hope Bancorp Inc’s price is currently Undervalued.
Does Hope Bancorp Inc pay dividends?
Hope Bancorp Inc pays a Quarterly dividend of $0.14 which represents an annual dividend yield of 4.2%. See more information on Hope Bancorp Inc dividends here
What is Hope Bancorp Inc’s EPS estimate?
Hope Bancorp Inc’s EPS estimate is $0.14.
How many shares outstanding does Hope Bancorp Inc have?
Hope Bancorp Inc has 120,738,976 shares outstanding.
What happened to Hope Bancorp Inc’s price movement after its last earnings report?
Hope Bancorp Inc 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 Inc?
Among the largest hedge funds holding Hope Bancorp Inc’s share is Hotchkis & Wiley Capital Management LLC. It holds Hope Bancorp Inc’s shares valued at 13M.
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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 (7.41% Upside)
$14.50 (7.41% Upside)
Blogger Sentiment
Bullish
HOPE Sentiment 100%
Sector Average 64%
Sector Average 64%
Hedge Fund Trend
Decreased
By 57.5K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $541.5K over
the Last 3 Months
the Last 3 Months
Technicals
SMA
Positive
20 days / 200 days
Momentum
39.32%
12-Months-Change
Fundamentals
Return on Equity
4.85%
Trailing 12-Months
Asset Growth
-13.56%
Trailing 12-Months
Company Description
Hope Bancorp Inc
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
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HOPE Stock 12 Month Forecast
Average Price Target
$14.50
▲(7.41% Upside)
Technical Analysis
Best Analysts Covering HOPE
1 Year
1 Year Success Rate
7/8 ratings generated profit
1 Year Average Return
+12.01%
reiterated a buy rating 24 days ago
Copying Gary Tenner's trades and holding each position for 1 Year would result in 87.50% of your transactions generating a profit, with an average return of +12.01% per trade.
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