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MarketBeat Week in Review – 12/4 - 12/8
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
Dozens of animals taken from Virginia roadside zoo as part of investigation
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How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
Agriculture gets its day at COP28, but experts see big barriers to cutting emissions
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How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
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AP PHOTOS: Moscow hosts a fashion forum with designers from Brazil, China, India and South Africa
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
MarketBeat Week in Review – 12/4 - 12/8
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
Dozens of animals taken from Virginia roadside zoo as part of investigation
Military-themed brewery wants to open in a big Navy town. An ex-SEAL is getting in the way
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
Agriculture gets its day at COP28, but experts see big barriers to cutting emissions
Shohei Ohtani joins big-money club with massive contract with Los Angeles Dodgers
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
Consumer product agency issues warning on small magnetic balls linked to deaths
AP PHOTOS: Moscow hosts a fashion forum with designers from Brazil, China, India and South Africa
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
MarketBeat Week in Review – 12/4 - 12/8
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
Dozens of animals taken from Virginia roadside zoo as part of investigation
Military-themed brewery wants to open in a big Navy town. An ex-SEAL is getting in the way
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
Agriculture gets its day at COP28, but experts see big barriers to cutting emissions
Shohei Ohtani joins big-money club with massive contract with Los Angeles Dodgers
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
Consumer product agency issues warning on small magnetic balls linked to deaths
AP PHOTOS: Moscow hosts a fashion forum with designers from Brazil, China, India and South Africa
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
MarketBeat Week in Review – 12/4 - 12/8
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
Dozens of animals taken from Virginia roadside zoo as part of investigation
Military-themed brewery wants to open in a big Navy town. An ex-SEAL is getting in the way
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
Agriculture gets its day at COP28, but experts see big barriers to cutting emissions
Shohei Ohtani joins big-money club with massive contract with Los Angeles Dodgers
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology (Ad)
Consumer product agency issues warning on small magnetic balls linked to deaths
AP PHOTOS: Moscow hosts a fashion forum with designers from Brazil, China, India and South Africa

Hanmi Financial Stock Price, News & Analysis (NASDAQ:HAFC)

$18.45
+0.10 (+0.54%)
(As of 12/8/2023 ET)
Compare
Today's Range
$18.37
$18.71
50-Day Range
$13.99
$18.45
52-Week Range
$13.35
$25.95
Volume
114,324 shs
Average Volume
129,200 shs
Market Capitalization
$560.70 million
P/E Ratio
6.28
Dividend Yield
5.42%
Price Target
$21.25

Hanmi Financial MarketRank™ Stock Analysis

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
15.2% Upside
$21.25 Price Target
Short Interest
Bearish
2.11% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.63
Upright™ Environmental Score
News Sentiment
N/A
Insider Trading
Acquiring Shares
$14,230 Bought Last Quarter
Proj. Earnings Growth
-8.11%
From $2.59 to $2.38 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.45 out of 5 stars

Finance Sector

225th out of 826 stocks

National Commercial Banks Industry

22nd out of 77 stocks


HAFC stock logo

About Hanmi Financial Stock (NASDAQ:HAFC)

Hanmi Financial Corporation operates as the holding company for Hanmi Bank that provides business banking products and services in the United States. It offers various deposit products, including noninterest-bearing checking accounts, interest-bearing checking and savings accounts, negotiable order of withdrawal accounts, money market accounts, and certificates of deposit. The company also provides real estate loans, such as commercial property, construction, and residential property loans; and commercial and industrial loans, such as commercial term loans and commercial lines of credit, as well as international finance, and trade services and products comprising letters of credit, and import and export financing. In addition, it offers consumer loans, secured and unsecured loans, home equity loans, residential mortgages, and credit cards; finance lending to small and middle market businesses; and small business administration loans for business purposes, which comprise owner-occupied commercial real estate, business acquisitions, start-ups, franchise financing, working capital, improvements and renovations, inventory and equipment, and debt-refinancing, as well as equipment lease financing. The company was founded in 1982 and is headquartered in Los Angeles, California.

HAFC Stock Price History

HAFC Stock News Headlines

Hanmi Financial Corp HAFC
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity
Autonomix has patented technology that can detect and target nerve signals at an accuracy never seen before, a $100B opportunity. Now the team with almost $600M in exits is planning to list Autonomix on the Nasdaq. And you can invest in Autonomix ahead of their intended Nasdaq listing.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.com
Aehr Test Systems (AYB.F)
How to Invest Early In the Next Potential Breakthrough Nerve-Sensing Technology
Autonomix is preparing a public listing as they develop technology to potentially detect and treat a range of nervous system disorders with much greater visibility than available today. Now, their management team sees a potentially untapped $100B market opportunity.* *Disclosure: This is a paid advertisement for Autonomix’s Regulation A+ Offering. Please read the offering circular at invest.autonomix.com
Hanmi Bank: Hanmi Reports 2023 Third Quarter Results
Hanmi Reports 2023 Third Quarter Results
Hanmi Pharm Co Ltd (128940)
Hanmi Financial's (NASDAQ:HAFC) Dividend Will Be $0.25
See More Headlines
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Company Calendar

Last Earnings
10/24/2023
Ex-Dividend for 11/22 Dividend
11/03/2023
Dividend Payable
11/22/2023
Today
12/09/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
1/23/2024

Industry, Sector and Symbol

Industry
National commercial banks
Sub-Industry
Regional Banks
Sector
Finance
Current Symbol
NASDAQ:HAFC
Previous Symbol
NASDAQ:HAFCD
CUSIP
41049520
Employees
619
Year Founded
1982

Price Target and Rating

Average Stock Price Target
$21.25
High Stock Price Target
$29.00
Low Stock Price Target
$16.00
Potential Upside/Downside
+15.2%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
3 Analysts

Profitability

Net Income
$101.39 million
Pretax Margin
32.16%

Debt

Sales & Book Value

Annual Sales
$308.01 million
Cash Flow
$3.84 per share
Book Value
$20.91 per share

Miscellaneous

Free Float
29,956,000
Market Cap
$560.70 million
Optionable
Optionable
Beta
0.99

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Key Executives

  • Ms. Bonita I. Lee (Age 60)
    President, CEO & Director
    Comp: $1.56M
  • Mr. Romolo C. Santarosa (Age 67)
    Senior EVP & CFO
    Comp: $799.23k
  • Mr. Anthony I. Kim (Age 55)
    Senior EVP & Chief Banking Officer
    Comp: $533.98k
  • Mr. Matthew D. Fuhr (Age 60)
    EVP & Chief Credit Officer
    Comp: $483.92k
  • Mr. Michael Du (Age 50)
    Senior VP & Chief Risk Officer
    Comp: $362.28k
  • Mr. Joseph A. Pangrazio (Age 63)
    Senior VP & Chief Accounting Officer
  • Ms. Vivian I. Kim (Age 41)
    Executive VP, General Counsel & Chief People Officer














HAFC Stock Analysis - Frequently Asked Questions

Should I buy or sell Hanmi Financial stock right now?

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Hanmi Financial in the last twelve months. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" HAFC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in HAFC, but not buy additional shares or sell existing shares.
View HAFC analyst ratings
or view top-rated stocks.

What is Hanmi Financial's stock price target for 2024?

3 equities research analysts have issued 12-month target prices for Hanmi Financial's shares. Their HAFC share price targets range from $16.00 to $29.00. On average, they expect the company's share price to reach $21.25 in the next twelve months. This suggests a possible upside of 15.2% from the stock's current price.
View analysts price targets for HAFC
or view top-rated stocks among Wall Street analysts.

How have HAFC shares performed in 2023?

Hanmi Financial's stock was trading at $24.75 at the beginning of 2023. Since then, HAFC stock has decreased by 25.5% and is now trading at $18.45.
View the best growth stocks for 2023 here
.

When is Hanmi Financial's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, January 23rd 2024.
View our HAFC earnings forecast
.

How were Hanmi Financial's earnings last quarter?

Hanmi Financial Co. (NASDAQ:HAFC) announced its quarterly earnings results on Tuesday, October, 24th. The bank reported $0.62 earnings per share for the quarter, topping the consensus estimate of $0.61 by $0.01. The bank earned $66.08 million during the quarter, compared to the consensus estimate of $62.67 million. Hanmi Financial had a net margin of 23.09% and a trailing twelve-month return on equity of 13.66%.

How often does Hanmi Financial pay dividends? What is the dividend yield for Hanmi Financial?

Hanmi Financial announced a quarterly dividend on Thursday, October 26th. Stockholders of record on Monday, November 6th will be paid a dividend of $0.25 per share on Wednesday, November 22nd. This represents a $1.00 annualized dividend and a yield of 5.42%. The ex-dividend date of this dividend is Friday, November 3rd.
Read our dividend analysis for HAFC
.

Is Hanmi Financial a good dividend stock?

Hanmi Financial (NASDAQ:HAFC) pays an annual dividend of $1.00 per share and currently has a dividend yield of 5.45%. HAFC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 34.01%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HAFC will have a dividend payout ratio of 42.02% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for HAFC.

What ETFs hold Hanmi Financial's stock?

ETFs with the largest weight of Hanmi Financial (NASDAQ:HAFC) stock in their portfolio include Hypatia Women CEO ETF (WCEO).Invesco S&P SmallCap Low Volatility ETF (XSLV).

What is Jay S. Yoo's approval rating as Hanmi Financial's CEO?

15 employees have rated Hanmi Financial Chief Executive Officer Jay S. Yoo on Glassdoor.com. Jay S. Yoo has an approval rating of 37% among the company's employees. This puts Jay S. Yoo in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Hanmi Financial own?
Who are Hanmi Financial's major shareholders?

Hanmi Financial's stock is owned by many different institutional and retail investors. Top institutional shareholders include FMR LLC (6.76%), LSV Asset Management (3.97%), Massachusetts Financial Services Co. MA (3.58%), Charles Schwab Investment Management Inc. (2.96%), AQR Capital Management LLC (1.28%) and American Century Companies Inc. (1.18%). Insiders that own company stock include Harry Chung, Michael Yang and Romolo Santarosa.
View institutional ownership trends
.

How do I buy shares of Hanmi Financial?

Shares of HAFC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NASDAQ:HAFC) was last updated on 12/10/2023 by MarketBeat.com Staff

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