DA Davidson Increases Earnings Estimates for Origin Bancorp

Origin Bancorp, Inc. (NASDAQ:OBK - Free Report) - DA Davidson boosted their Q2 2025 earnings estimates for shares of Origin Bancorp in a report released on Tuesday, July 1st. DA Davidson analyst M. Navas now expects that the company will post earnings per share of $0.72 for the quarter, up from their prior estimate of $0.71. The consensus estimate for Origin Bancorp's current full-year earnings is $3.14 per share.

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

Origin Bancorp Stock Up 1.3%

Shares of NASDAQ:OBK traded up $0.50 during trading on Wednesday, reaching $37.95. 61,423 shares of the company traded hands, compared to its average volume of 132,985. The firm has a fifty day simple moving average of $34.28 and a 200 day simple moving average of $34.80. The firm has a market cap of $1.18 billion, a P/E ratio of 15.43 and a beta of 0.83. Origin Bancorp has a 1-year low of $28.80 and a 1-year high of $41.17. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 0.17.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Advisor Resource Council bought a new position in Origin Bancorp in the 1st quarter worth $377,000. Franklin Resources Inc. raised its holdings in Origin Bancorp by 26.7% in the 4th quarter. Franklin Resources Inc. now owns 90,341 shares of the company's stock worth $3,007,000 after acquiring an additional 19,020 shares during the period. American Century Companies Inc. raised its holdings in Origin Bancorp by 11.3% in the 4th quarter. American Century Companies Inc. now owns 600,925 shares of the company's stock worth $20,005,000 after acquiring an additional 61,240 shares during the period. Bank of New York Mellon Corp raised its holdings in Origin Bancorp by 156.7% in the 4th quarter. Bank of New York Mellon Corp now owns 319,919 shares of the company's stock worth $10,650,000 after acquiring an additional 195,293 shares during the period. Finally, Price T Rowe Associates Inc. MD raised its holdings in Origin Bancorp by 118.0% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 20,930 shares of the company's stock worth $697,000 after acquiring an additional 11,328 shares during the period. Institutional investors own 54.68% of the company's stock.

Origin Bancorp Dividend Announcement

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

About Origin Bancorp

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.