FY2025 EPS Estimates for Origin Bancorp Increased by Analyst

Origin Bancorp, Inc. (NASDAQ:OBK - Free Report) - Research analysts at DA Davidson boosted their FY2025 earnings per share estimates for shares of Origin Bancorp in a research note issued on Tuesday, July 1st. DA Davidson analyst M. Navas now forecasts that the company will post earnings of $3.30 per share for the year, up from their previous estimate of $3.25. The consensus estimate for Origin Bancorp's current full-year earnings is $3.14 per share.

Other equities analysts have also issued reports about the company. Stephens restated an "overweight" rating and set a $45.00 price target on shares of Origin Bancorp in a research note on Thursday, March 20th. Raymond James Financial cut Origin Bancorp from a "strong-buy" rating to an "outperform" rating and lowered their price target for the company from $44.00 to $39.00 in a research note on Wednesday, April 2nd. Piper Sandler upgraded shares of Origin Bancorp from a "neutral" rating to an "overweight" rating in a report on Thursday, April 24th. Finally, Keefe, Bruyette & Woods cut their price target on shares of Origin Bancorp from $44.00 to $41.00 and set an "outperform" rating on the stock in a research report on Monday, April 28th. Five research analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock presently has an average rating of "Buy" and an average price target of $42.20.

Origin Bancorp Trading Up 1.3%

Shares of NASDAQ OBK traded up $0.50 during mid-day trading on Thursday, hitting $37.95. 61,423 shares of the company traded hands, compared to its average volume of 132,704. The business has a 50 day moving average of $34.02 and a two-hundred day moving average of $34.76. Origin Bancorp has a 1 year low of $28.80 and a 1 year high of $41.17. The stock has a market capitalization of $1.18 billion, a price-to-earnings ratio of 15.43 and a beta of 0.83. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 0.17.

Origin Bancorp Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, May 30th. Shareholders of record on Thursday, May 15th were given a dividend of $0.15 per share. The ex-dividend date was Thursday, May 15th. This represents a $0.60 annualized dividend and a yield of 1.58%. Origin Bancorp's payout ratio is 24.59%.

Institutional Investors Weigh In On Origin Bancorp

Large investors have recently modified their holdings of the stock. Strs Ohio bought a new stake in Origin Bancorp in the 1st quarter worth approximately $218,000. Mendon Capital Advisors Corp grew its stake in shares of Origin Bancorp by 5.0% during the first quarter. Mendon Capital Advisors Corp now owns 210,000 shares of the company's stock valued at $7,281,000 after buying an additional 10,000 shares during the last quarter. Jane Street Group LLC increased its holdings in Origin Bancorp by 97.9% during the 1st quarter. Jane Street Group LLC now owns 117,954 shares of the company's stock worth $4,089,000 after purchasing an additional 58,340 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in Origin Bancorp by 49.9% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 71,849 shares of the company's stock worth $2,491,000 after buying an additional 23,906 shares during the period. Finally, Empowered Funds LLC grew its holdings in Origin Bancorp by 25.6% in the first quarter. Empowered Funds LLC now owns 112,752 shares of the company's stock worth $3,909,000 after purchasing an additional 22,963 shares during the last quarter. Institutional investors own 54.68% of the company's stock.

Origin Bancorp Company Profile

Origin Bancorp, Inc operates as a bank holding company for Origin Bank that provides banking and financial services to small and medium-sized businesses, municipalities, and retail clients in Texas, Louisiana, and Mississippi. It offers noninterest and interest-bearing checking accounts, savings deposits, money market accounts, and time deposits; and offers commercial real estate, construction and land development, consumer, residential real estate, commercial and industrial, mortgage warehouse, and residential mortgage loans.