Oppenheimer Holdings Inc. (NYSE:OPY - Get Free Report) announced a quarterly dividend on Wednesday, April 24th, NASDAQ reports. Stockholders of record on Friday, May 10th will be paid a dividend of 0.15 per share by the financial services provider on Friday, May 24th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.47%. The ex-dividend date is Thursday, May 9th.
Oppenheimer has raised its dividend payment by an average of 7.7% per year over the last three years.
Oppenheimer Trading Up 4.7 %
Shares of OPY traded up $1.84 during mid-day trading on Friday, reaching $40.80. The company's stock had a trading volume of 33,889 shares, compared to its average volume of 32,612. The stock has a market cap of $426.77 million, a PE ratio of 15.99 and a beta of 1.15. The company has a current ratio of 1.32, a quick ratio of 0.87 and a debt-to-equity ratio of 0.14. Oppenheimer has a 52 week low of $32.82 and a 52 week high of $42.41. The company's fifty day moving average price is $38.66 and its two-hundred day moving average price is $38.70.
Oppenheimer (NYSE:OPY - Get Free Report) last issued its earnings results on Friday, January 26th. The financial services provider reported $1.42 EPS for the quarter. Oppenheimer had a net margin of 2.42% and a return on equity of 4.46%. The company had revenue of $308.29 million for the quarter.
Analyst Ratings Changes
Separately, StockNews.com downgraded shares of Oppenheimer from a "strong-buy" rating to a "buy" rating in a research note on Monday, January 29th.
Get Our Latest Stock Analysis on Oppenheimer
About Oppenheimer
(
Get Free Report)
Oppenheimer Holdings Inc operates as a middle-market investment bank and full-service broker-dealer in the Americas, Europe, the Middle East, and Asia. The company provides brokerage services covering corporate equity and debt securities, money market instruments, exchange-traded options and futures contracts, municipal bonds, mutual funds, exchange-traded funds, and unit investment trusts; financial and wealth planning services; and margin lending services.
See Also
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Oppenheimer, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Oppenheimer wasn't on the list.
While Oppenheimer currently has a "hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Which stocks are likely to thrive in today's challenging market? Click the link below and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.
Get This Free Report
