Oppenheimer Holdings Company Profile (NYSE:OPY)

Analyst Ratings

Consensus Ratings for Oppenheimer Holdings (NYSE:OPY) (?)
Ratings Breakdown: 2 Buy Rating(s)
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $21.50 (36.08% upside)

Analysts' Ratings History for Oppenheimer Holdings (NYSE:OPY)
Show:
DateFirmActionRatingPrice TargetActions
3/21/2016SidotiInitiated CoverageBuy$22.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
2/1/2016MacquarieLower Price TargetOutperform$23.00 -> $21.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
(Data available from 7/25/2014 forward)

Earnings

Earnings History for Oppenheimer Holdings (NYSE:OPY)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallActions
7/29/2016        
4/29/2016Q1($0.03)($0.29)$225.30 million$218.70 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
1/29/2016Q4($0.23)$254.90 million$200.40 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
10/30/2015Q3$0.04($0.07)$244.70 million$213.50 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
7/31/2015Q2$0.33$0.02$239.70 million$238.90 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
5/1/2015Q115$0.30$0.42$255.20 million$245.60 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
1/30/2015Q414$0.36$0.19$293.40 million$254.90 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
1/31/2014Q4$0.94ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
10/25/2013Q313$0.37$231.84 million$243.38 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Oppenheimer Holdings (NYSE:OPY)
No earnings estimates for this company have been tracked by MarketBeat.com

Dividends

Current Dividend Information for Oppenheimer Holdings (NYSE:OPY)
Annual Dividend:$0.44
Dividend Yield:2.78%
Payout Ratio:-77.19% (Based on Trailing 12 Months of Earnings)
Dividend Growth:0.00% (3 Year Average)

Dividend History for Oppenheimer Holdings (NYSE:OPY)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable DateShare
5/2/2016quarterly$0.112.86%5/11/20165/13/20165/27/2016Tweet This Announcement  Share This Announcement on StockTwits
2/1/2016quarterly$0.112.94%2/10/20162/12/20162/26/2016Tweet This Announcement  Share This Announcement on StockTwits
11/2/2015quarterly$0.112.45%11/10/201511/13/201511/27/2015Tweet This Announcement  Share This Announcement on StockTwits
8/3/2015quarterly$0.111.98%8/12/20158/14/20158/28/2015Tweet This Announcement  Share This Announcement on StockTwits
5/4/2015quarterly$0.111.82%5/13/20155/15/20155/29/2015Tweet This Announcement  Share This Announcement on StockTwits
2/2/2015quarterly$0.112.18%2/11/20152/13/20152/27/2015Tweet This Announcement  Share This Announcement on StockTwits
10/31/2014quarterly$0.111.82%11/12/201411/14/201411/28/2014Tweet This Announcement  Share This Announcement on StockTwits
8/5/2014quarterly$0.112.01%8/13/20148/15/20148/29/2014Tweet This Announcement  Share This Announcement on StockTwits
5/1/2014quarterly$0.111.71%5/13/20145/15/20145/27/2014Tweet This Announcement  Share This Announcement on StockTwits
1/31/2014quarterly$0.111.91%2/12/20142/14/20142/28/2014Tweet This Announcement  Share This Announcement on StockTwits
10/25/2013quarterly$0.112.24%11/6/201311/8/201311/22/2013Tweet This Announcement  Share This Announcement on StockTwits
7/29/2013quarterly$0.112.31%8/7/20138/9/20138/23/2013Tweet This Announcement  Share This Announcement on StockTwits
4/29/2013quarterly$0.112.4%5/8/20135/10/20135/24/2013Tweet This Announcement  Share This Announcement on StockTwits
1/25/2013quarterly$0.112.59%2/6/20132/8/20132/22/2013Tweet This Announcement  Share This Announcement on StockTwits
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Oppenheimer Holdings (NYSE:OPY)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionActions
5/19/2016Timothy Martin DwyerDirectorBuy1,000$13.74$13,740.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
5/13/2016Timothy Martin DwyerDirectorBuy3,000$13.85$41,550.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Oppenheimer Holdings (NYSE:OPY)
DateHeadline
07/20/16 12:46 PMOppenheimer downgrades Verizon on valuation, potential Yahoo deal - Oppenheimer just downgraded Verizon to perform from outperform.
07/19/16 03:54 PMSell Oppenheimer Funds on Puerto Rico Risk, Ameriprise Says -
07/19/16 03:54 PMSell Oppenheimer Muni Funds on Puerto Rico Risk, Ameriprise Says -
07/15/16 09:14 AMHewlett Packard Scales 52-Week High on Raised Price Target -
07/11/16 02:14 PM'Wait and See' on Tesla (TSLA), Oppenheimer's Rusch Tells CNBC -
07/08/16 11:04 AMThis might be the most bearish thing we've read about Apple so far -
06/28/16 10:29 AMHow The Parts Add Up: DTD Targets $80
06/27/16 05:36 PMSenior Housing Investments & Transactions: Walker & Dunlop Close $3.8 Billion Servicing Portfolio
06/27/16 05:36 PMOppenheimer USA : & Co. Inc. Closes Its Sixteenth Annual Consumer Conference In Boston
06/27/16 07:50 AMDon't panic — the Brexit shock is not as bad as it looks -
06/27/16 07:21 AMOppenheimer & Co. Inc. Closes Its Sixteenth Annual Consumer Conference In Boston - [at noodls] - 44aea3ea-0ea5-46ce-a835-791d56390ca5.pdf OPPENHEIMER & CO. INC. CLOSES ITS SIXTEENTH ANNUAL CONSUMER CONFERENCE IN BOSTON New York - June 24, 2016 - Oppenheimer & Co. Inc. ("Oppenheimer") a unit ...
06/23/16 06:14 PMOppenheimer USA : & Co. Inc. Launches 2016 Summer Internship And Trainee Programs To Support Talent Development
06/23/16 08:02 AMOPPENHEIMER HOLDINGS INC Files SEC form 8-K, Completion of Acquisition or Disposition of Assets, Financial Statements -
06/22/16 05:34 PMOppenheimer USA : Private Client Division Announces Key Strategic Leadership Changes
06/22/16 04:39 PMOppenheimer Holdings Inc. Reports Completion Of The Sale Of Its $3.8 Billion Mortgage Servicing Portfolio - [at noodls] - 16-PRS-10 Oppenheimer Holdings Announcement June 22 2016.indd NYSE: OPY Press Release OPPPPEENNHHEEIIMMEERR HHOOLLDDIINNGGSS IINNCC.. RREEPPOORTS COOMMPPLLETTIIOON OOF TTHHE SSAALLE OF IITTS $$33..88 BBIILLLLIIOON ...
06/22/16 04:39 PMPrivate Client Division Announces Key Strategic Leadership Changes - [at noodls] - 16-PRS-08 New Leadership_Fritzlen Successors 06-21-16.indd Press Release OPPENHEIMER & CO. INC. MAKES KEY STRATEGIC LEADERSHIP CHANGES IN PRIVATE CLIENT DIVISION New York, NY - June 21, 2016 - Oppenheimer ...
06/22/16 04:20 PMTesla Dives Most In 2 Years As Shareholders Revolt Over SolarCity 'Bailout' - [at Investor's Business Daily] - Early reports on the Tesla Motors (TSLA) bid for SolarCity (SCTY) hit a negative tone, calling the deal a fundamental change to Tesla's business model that could thwart its aggressive efforts to expand ...
06/22/16 03:56 PMTesla (TSLA) Stock Closed Sharply Lower After SolarCity Bid, Downgrade -
06/21/16 09:00 AMOppenheimer & Co. Inc. Makes Key Strategic Leadership Changes In Private Client Division - [PR Newswire] - NEW YORK, June 21, 2016 /PRNewswire/ -- Oppenheimer & Co. Inc. ("Oppenheimer") today announced the retirement of Senior Vice President Tom Fritzlen after more than three decades at the firm and the appointment of Jim Lowe as Fritzlen's successor. In addition to these changes, Mark Trafford and Todd Wiggins have been named branch managers of Oppenheimer's Seattle and Atlanta branches, respectively. "Tom served Oppenheimer for 31 years, always upholding the values and ethics that we strive for as a firm," said Bud Lowenthal, Chairman and CEO of Oppenheimer.
06/16/16 09:53 AMOppenheimer & Co. Inc. : Launches 2016 Summer Internship And Trainee Programs To Support Talent Development
06/16/16 09:00 AMOppenheimer & Co. Inc. Launches 2016 Summer Internship And Trainee Programs To Support Talent Development - [PR Newswire] - NEW YORK, June 16, 2016 /PRNewswire/ -- Oppenheimer & Co. Inc. (Oppenheimer) is pleased to announce the launch of its 2016 Summer Internship Program. Now in its twelfth year, the program consistently attracts exceptional students from leading universities from many different states. This year, Oppenheimer received more than 1,500 applications for 60 placements throughout its New York City headquarters and other branch office network. Throughout the 8-to-10-week internship program, students train with experienced staff who help develop skills and interests beyond college. Interns have the opportunity to learn firsthand about the firm during weekly seminars at Oppenheimer's 85 Broad Street corporate headquarters and to receive in-depth training in one practice area, all while gaining exposure to several areas of the firm outside of their core department.
06/15/16 02:21 PMA First Look Into E3 '16: 'Publishers Emerging As Winners' - Oppenheimer said "publishers are emerging as winners" at this year's Electronic Entertainment Expo (E3). It's day 3 of the event, and the research firm has come out with a note stating the strategy of Microsoft Corporation (NASDAQ: MSFT) to make Xbox Live a social platform and offering game play across PC and console is good for the industry. "We see this move as a way to lower barriers for gamers and to make it easier for them to have a customized experience," analyst Andrew Uerkwitz wrote in a note. The analyst highlighted that Microsoft, for the first time, announced two new consoles: the Slim and Project Scorpio. Related Link: Activision ...Full story available on Benzinga.com
06/14/16 10:29 AMSupreme Court Strikes Down Puerto Rico Debt-Restructuring Law -- Update
06/12/16 02:54 PMOppenheimer Raises Target On Visa By $5 To $90, Cites Closing Of Visa Europe Purchase - In a recent report, analysts at Oppenheimer updated their estimates for Visa Inc (NYSE: V), seeking to reflect the impending close of the acquisition of Visa Europe — which the firm anticipates will be announced before the end of June. Last Friday, the payments technology company said that the European Commission had approved the deal — after the firms involved amended their contract to eliminate the earn-out portion of the consideration, allowing the transaction ...Full story available on Benzinga.com
06/10/16 06:31 AMQuick Guide to Oppenheimer Main Street A Fund (MSIGX) -
06/09/16 11:22 AMThe Securities Arbitration Law Firm of Klayman & Toskes¸ P.A. Commences an Investigation into Oppenheimer’s Sales Practices Regarding Inverse and Inverse-Leveraged ETFs in Light of the $2.25 Million Fine Levied Against Oppenheimer by FINRA - [Business Wire] - The Securities Arbitration Law Firm of Klayman & Toskes, P.A. , www.nasd-law.com, announced today that it has commenced a comprehensive investigation into Oppenheimer’s sales practices regarding inverse and inverse-leveraged ETFs that were unsuitable for clients in light of the $3 million fine levied against Oppenheimer by FINRA.
06/08/16 06:03 PMMid-Day ETF Update: ETFs, Stocks Still Higher Even As Crude Prices Trim Gains Following Inventory Data
06/08/16 06:03 PMOppenheimer & Co. Inc. Expands Team And Technology Commitment To Support Advisor Talent
06/08/16 06:03 PMOppenheimer to pay nearly $3 million for improper ETF sales: regulator
06/08/16 02:01 PMHewlett Packard Enterprise Analyst Day: What Are Oppenheimer's 4 Key Takeaways? - Oppenheimer maintains its Outperform rating and $21 price target on Hewlett Packard Enterprise Co (NYSE: HPE) following the company's investor event. "We come away more confident in the company's execution and focus and remain convinced in its ability to continue to drive better results out of its remaining businesses," analyst Ittai Kidron wrote in a note. The analyst said the spinoff of Enterprise Services should allow more focus and transparency to surface, while continued R&D investment should provide more Enterprise Group opportunities for continued growth. Key Takeaways Below are Kidron's key takeaways from the event: 1. "Enterprise Group margins should rise from current levels as product mix and productivity improve and more cost cutting is applied. 2. "Long-term total revenue growth should track global GDP patterns. 3. "Software is likely ...Full story available on Benzinga.com
06/07/16 03:00 PMAnalysts: Amazon Web Services Gives Stock Nearly 30% Upside - [at TheStreet] - Amazon's market leadership in cloud services is even more valuable than some analysts had previously estimated.
06/07/16 09:52 AMAmazon shares will surge 28% to $930 as web services unit dominates: Oppenheimer - Oppenheimer reiterated an outperform rating on Amazon and raised the price target to $930 from $780.
06/07/16 08:24 AMETF Preview: ETFs, Futures Higher as Revised Q1 Productivity Show Narrower Decline Than Initially Reported
06/07/16 08:24 AMWalker & Dunlop (WD) Enters Agreement to Acquire Large Oppenheimer HUD Servicing Portfolio
06/07/16 08:24 AMWalker & Dunlop To Buy $3.8 Bln HUD Servicing Portfolio
06/07/16 05:30 AMWalker & Dunlop to Acquire $3.8 Billion HUD Servicing Portfolio - [PR Newswire] - BETHESDA, Md., June 7, 2016 /PRNewswire/ -- Walker & Dunlop, Inc. (WD) (the "Company") announced today that it has agreed to purchase the commercial mortgage servicing rights associated with a $3.8 billion servicing portfolio from Oppenheimer Multifamily Housing & Healthcare Finance, Inc. a subsidiary of Oppenheimer Holdings Inc. (OPY). The portfolio is comprised of over 480 multifamily and healthcare loans insured by the U.S. Department of Housing and Urban Development (HUD). The acquisition is expected to close on June 20, 2016 making Walker & Dunlop the largest HUD Multifamily/Healthcare servicer in the U.S. The Company will be using available capital to fund the approximately $45 million purchase price.
06/07/16 01:45 AMThe Tell: Buy these stocks that are breaking out — forget the S&P’s failure to launch - It’s frustrating for traders waiting for a breakout by the S&P 500. What if you just can’t wait? An Oppenheimer technical analyst says buy these eight stocks and one ETF that already have broken out to new highs.
06/06/16 05:36 PMEmployee faces insider trading charges
06/06/16 03:33 PMOPPENHEIMER HOLDINGS INC Files SEC form 8-K, Entry into a Material Definitive Agreement -
06/02/16 02:54 PMOPEC is finished: Oppenheimer's Fadel Gheit - OPEC is a dysfunctional organization that has outlived its usefulness, Oppenheimer's Fadel Gheit said Thursday.
05/25/16 02:19 PMOppenheimer Remains Positive On HP Enterprise Following Earnings, Deal With CSC - Oppenheimer maintains its Outperform rating on Hewlett Packard Enterprise Co (NYSE: HPE) following solid quarterly results and its deal with Computer Sciences Corporation (NYSE: CSC). Earnings Numbers Hewlett Packard reported solid second-quarter results, posting year-over-year growth for the first time since 2011. In addition, it announced its plan to spin off of its low-margin enterprise services (ES) segment and its subsequent merger with Computer Sciences. Hewlett Packard reported revenue/EPS of $12.71 billion/$0.42 versus consensus estimate of $12.34 billion/$0.42. The results showed positive growth across all three hardware segments (servers, storage and networking) and geographies despite the challenges reported by its peers. All the three hardware segments posted growth of 6.9 percent, 1.6 percent and 57.2 percent, respectively. Related Link: Deutsche Bank On Computer Sciences-HP Enterprise Merger However, software continued its downturn, with revenue dropping 13.2 percent and enterprise ...Full story available on Benzinga.com
05/25/16 09:06 AMA 'What's Next?' Scenario for the Delayed Sarepta Duchenne Drug Review - TheStreet.com - TheStreet.comA 'What's Next?' Scenario for the Delayed Sarepta Duchenne Drug ReviewTheStreet.comIf you take the easy approve/reject eteplirsen options off the table (and the delay certainly indicates FDA can't make up its mind) then a compromise decision is a possibility. Adam Feuerstein. Follow. May 25, 2016 9:38 AM EDT. Get TheStreet Quant ...Sarepta: FDA's Decision on Dystrophy Drug DelayedWall Street JournalSarepta Surges After U.S. Regulators Delay Ruling on DMD DrugBloombergOppenheimer Doesn't See Significant Sarepta (SRPT) FDA Delay Before ApprovalStreetInsider.comNew York Times -Xconomy -Reuters -CNBCall 55 news articles »
05/24/16 09:41 AMMASS Communications Deploys Dedicated Private Networking Solution for Oppenheimer & Co. - ABOUT Oppenheimer & Co. Oppenheimer & Co. Inc. (Oppenheimer), a principal subsidiary of Oppenheimer Holdings Inc. (OPY on the New York Stock Exchange), and its affiliates provide a full range of wealth management, securities brokerage and investment ...
05/24/16 05:22 AMCan stocks thrive amid a rate hike? - Will the market hold its ground even if the Fed raises rates in June? Ari Wald of Oppenheimer and Boris Schlossberg of BK Asset Management discuss with Brian Sullivan.
05/23/16 07:58 PMOppenheimer Offers Q1 Preview For Ulta: A Likely Stand Out In A Mixed Retail Backdrop - Oppenheimer analyst Rupesh Parikh previewed Ulta Salon, Cosmetics & Fragrance, Inc. (NASDAQ: ULTA)'s first-quarter results in a research note Monday morning. The analyst maintains an Outperform rating and $235 price target on the stock ahead of the company's May 26 earnings report. "Ulta likely again stands out in a ...Full story available on Benzinga.com
05/23/16 09:52 AMActive Management Is Worth It When The Price Is Right -
05/23/16 09:49 AMFed shouldn’t kid itself on rate risk, says $200 billion manager - Fed policy makers must appreciate the danger that higher interest rates could hurt the US economy, said Krishna Memani, chief investment officer of OppenheimerFunds.
05/20/16 12:26 PMTubeMogul +5.9%; Oppenheimer sees bullish catalysts -
05/18/16 07:37 PMDrawing confidence from investor day, Oppenheimer boosts EA target -
05/18/16 06:55 PMMost Expensive Jewel Ever Auctioned: 'Oppenheimer Blue' Diamond Sells for History-Making $57.5 Million - The rectangular-shaped gem, with a high estimate of $46.1 million, was the lead item at Christie’s Geneva Magnificent Jewels sale. It managed to beat the 12.03-carat “Blue Moon of Josephine,” which sold for a world record in November 2015 for $48.4 million.

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About Oppenheimer Holdings

Oppenheimer Holdings Inc. is a middle-market investment bank and service broker-dealer. The Company is engaged in a range of activities in the securities industry, including retail securities brokerage, institutional sales and trading, investment banking, research, market-making, trust services, and investment advisory and asset management services. Its segments are Private Client, which provides financial services in the United States; Asset Management, which offers investment advisory services to its retail and institutional clients; Capital Markets, includes investment banking, institutional equities sales, trading, and research, taxable fixed income sales, trading, and research, public finance and municipal trading; Commercial Mortgage Banking, engaged in the business of originating and servicing Federal Housing Administration insured multifamily and healthcare facility loans and securitizing these loans into Government National Mortgage Association mortgage-backed securities.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Investment Brokerage - Regional
  • Sub-Industry: Investment Banking & Brokerage
  • Exchange: NYSE
  • Symbol: OPY
  • CUSIP: 68379710
Key Metrics:
  • Previous Close: $15.80
  • 50 Day Moving Average: $15.61
  • 200 Day Moving Average: $15.10
  • P/E Ratio: N/A
  • P/E Growth: 5.85
  • Market Cap: $209.80M
  • Beta: 1.63
Additional Links:
Oppenheimer Holdings (NYSE:OPY) Chart for Monday, July, 25, 2016