NASDAQ:HAFC Hanmi Financial (HAFC) Stock Price, News & Analysis $20.51 +0.41 (+2.04%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$20.13▼$20.7050-Day Range$15.17▼$20.7052-Week Range$13.87▼$20.90Volume318,720 shsAverage Volume248,005 shsMarket Capitalization$623.30 millionP/E Ratio8.55Dividend Yield4.88%Price Target$20.33 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get Hanmi Financial alerts: Email Address Hanmi Financial MarketRank™ Stock AnalysisAnalyst RatingHold2.00 Rating ScoreUpside/Downside0.9% Downside$20.33 Price TargetShort InterestBearish3.38% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-0.66Upright™ Environmental ScoreNews Sentiment0.46Based on 24 Articles This WeekInsider TradingN/AProj. Earnings Growth9.41%From $2.02 to $2.21 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.00 out of 5 starsFinance Sector251st out of 898 stocksNational Commercial Banks Industry35th out of 88 stocks 1.0 Analyst's Opinion Consensus RatingHanmi Financial has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 3 hold ratings, and no sell ratings.Amount of Analyst CoverageHanmi Financial has only been the subject of 2 research reports in the past 90 days.Read more about Hanmi Financial's stock forecast and price target. Previous Next 2.0 Short Interest Percentage of Shares Shorted3.38% of the float of Hanmi Financial has been sold short.Short Interest Ratio / Days to CoverHanmi Financial has a short interest ratio ("days to cover") of 5.1.Change versus previous monthShort interest in Hanmi Financial has recently increased by 20.67%, indicating that investor sentiment is decreasing significantly. Previous Next 3.3 Dividend Strength Dividend LeadershipHanmi Financial is a leading dividend payer. It pays a dividend yield of 5.15%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthHanmi Financial does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Hanmi Financial is 41.67%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Hanmi Financial will have a dividend payout ratio of 45.25% next year. This indicates that Hanmi Financial will be able to sustain or increase its dividend.Read more about Hanmi Financial's dividend. Previous Next 2.8 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreHanmi Financial has received a 22.83% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Mortgages provided by brick and mortar banks", "Wire transfer services", "Consumer savings accounts provided by brick and mortar banks", "Online banking", and "Consumer transaction accounts provided by brick and mortar banks" products. See details.Environmental SustainabilityThe Environmental Impact score for Hanmi Financial is -0.66. Previous Next 3.0 News and Social Media Coverage News SentimentHanmi Financial has a news sentiment score of 0.46. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Finance companies.News Coverage This WeekMarketBeat has tracked 24 news articles for Hanmi Financial this week, compared to 2 articles on an average week.Search Interest1 people have searched for HAFC on MarketBeat in the last 30 days. MarketBeat Follows1 people have added Hanmi Financial to their MarketBeat watchlist in the last 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Hanmi Financial insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.62% of the stock of Hanmi Financial is held by insiders.Percentage Held by Institutions88.66% of the stock of Hanmi Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Hanmi Financial's insider trading history. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Hanmi Financial are expected to grow by 9.41% in the coming year, from $2.02 to $2.21 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Hanmi Financial is 8.55, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 142.60.Price to Earnings Ratio vs. SectorThe P/E ratio of Hanmi Financial is 8.55, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 47.30.Price to Book Value per Share RatioHanmi Financial has a P/B Ratio of 0.88. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about Hanmi Financial's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Crypto Swap Profits625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetched, but results like this are within reach with the right knowledge and timing in the altcoin market. Plus, you’ll get $10 in real Bitcoin when you stay to the end of the call and take a short quiz.>> Dive into the Workshop Here 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, 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; and international finance and trade services and products, such as letters of credit, and import and export financing. In addition, it offers 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.Read More HAFC Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart HAFC Stock News HeadlinesJuly 26 at 7:32 AM | americanbankingnews.comQ3 2024 EPS Estimates for Hanmi Financial Co. Cut by Analyst (NASDAQ:HAFC)July 26 at 3:02 AM | americanbankingnews.comHanmi Financial (NASDAQ:HAFC) PT Raised to $22.00 at WedbushJuly 27, 2024 | Crypto Swap Profits (Ad)625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetched, but results like this are within reach with the right knowledge and timing in the altcoin market. Plus, you’ll get $10 in real Bitcoin when you stay to the end of the call and take a short quiz.July 25 at 8:00 AM | globenewswire.comHanmi Financial Declares Cash Dividend of $0.25 per shareJuly 24 at 11:39 AM | msn.comHanmi Financial Corporation (NASDAQ:HAFC) Q2 2024 Earnings Call TranscriptJuly 24 at 10:59 AM | americanbankingnews.comHanmi Financial (NASDAQ:HAFC) Price Target Raised to $21.00 at DA DavidsonJuly 24 at 6:37 AM | finanznachrichten.deHanmi Bank: Hanmi Reports 2024 Second Quarter ResultsJuly 23, 2024 | seekingalpha.comHanmi Financial Corporation (HAFC) Q2 2024 Earnings Call TranscriptJuly 27, 2024 | Crypto Swap Profits (Ad)625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetched, but results like this are within reach with the right knowledge and timing in the altcoin market. Plus, you’ll get $10 in real Bitcoin when you stay to the end of the call and take a short quiz.July 23, 2024 | seekingalpha.comHanmi Financial Corporation 2024 Q2 - Results - Earnings Call PresentationJuly 23, 2024 | globenewswire.comHanmi Reports 2024 Second Quarter ResultsJuly 22, 2024 | markets.businessinsider.comWhat Wall Street expects from Hanmi Financial's earningsJuly 18, 2024 | americanbankingnews.comHanmi Financial Co. (NASDAQ:HAFC) Short Interest Down 5.8% in JuneJuly 16, 2024 | americanbankingnews.comHanmi Financial (HAFC) to Release Earnings on TuesdayJuly 9, 2024 | globenewswire.comHanmi Financial Corporation Announces Second Quarter 2024 Earnings and Conference Call DateMay 17, 2024 | finance.yahoo.comHanmi Financial Corporation (HAFC)May 6, 2024 | globenewswire.comHanmi Financial to Participate in the D.A. Davidson 26th Annual Financial Institutions ConferenceMay 6, 2024 | globenewswire.comHanmi Bank Celebrates Grand Opening of its New Fort Lee, New Jersey Branch with Local CommunitySee More Headlines Receive HAFC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Hanmi Financial and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 5/22 Dividend5/03/2024Dividend Payable5/22/2024Last Earnings7/23/2024Today7/26/2024Ex-Dividend for 8/21 Dividend8/05/2024Dividend Payable8/21/2024Next Earnings (Estimated)10/22/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorFinance Industry National commercial banks Sub-IndustryRegional Banks Current SymbolNASDAQ:HAFC Previous SymbolNASDAQ:HAFCD CUSIP41049520 CIK1109242 Webwww.hanmi.com Phone(213) 382-2200Fax302-636-5454Employees630Year Founded1982Price Target and Rating Average Stock Price Target$20.33 High Stock Price Target$22.00 Low Stock Price Target$18.00 Potential Upside/Downside-0.9%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$2.40 Trailing P/E Ratio8.55 Forward P/E Ratio10.15 P/E GrowthN/ANet Income$80.04 million Net Margins15.84% Pretax Margin22.76% Return on Equity9.66% Return on Assets0.89% Debt Debt-to-Equity Ratio0.60 Current Ratio1.00 Quick Ratio0.98 Sales & Book Value Annual Sales$403.51 million Price / Sales1.54 Cash Flow$3.10 per share Price / Cash Flow6.61 Book Value$23.27 per share Price / Book0.88Miscellaneous Outstanding Shares30,390,000Free Float29,895,000Market Cap$623.30 million OptionableOptionable Beta0.90 Social Links Reduce the RiskMarket downturns give many investors pause, and for good reason. Wondering how to offset this risk? Click the link below to learn more about using beta to protect yourself.Get This Free Report Key ExecutivesMs. Bonita I. Lee (Age 61)President, CEO & Director Comp: $1.36MMr. Romolo C. Santarosa (Age 68)Senior EVP & CFO Comp: $733.09kMr. Anthony I. Kim (Age 55)Senior EVP & Chief Banking Officer Comp: $527.38kMr. Matthew D. Fuhr (Age 60)Executive VP & Chief Credit Officer of Hanmi Bank Comp: $472.5kMr. Michael Du (Age 50)Executive VP & Chief Risk Officer Comp: $359.38kMr. Joseph A. Pangrazio (Age 64)Senior VP & Chief Accounting Officer Ms. Vivian I. Kim (Age 42)Executive VP, General Counsel & Chief People Officer More ExecutivesKey CompetitorsAmerican National BanksharesNASDAQ:AMNBBridge BancorpNASDAQ:BDGESmartFinancialNASDAQ:SMBKAlerus FinancialNASDAQ:ALRSGuaranty BancsharesNASDAQ:GNTYView All CompetitorsInsiders & InstitutionsBank of New York Mellon CorpBought 17,112 shares on 7/26/2024Ownership: 1.485%Allspring Global Investments Holdings LLCBought 2,328 shares on 7/26/2024Ownership: 0.065%Hennion & Walsh Asset Management Inc.Bought 14,649 shares on 7/20/2024Ownership: 0.048%Assenagon Asset Management S.A.Sold 206,087 shares on 7/18/2024Ownership: 0.781%SG Americas Securities LLCBought 19,281 shares on 7/12/2024Ownership: 0.063%View All Insider TransactionsView All Institutional Transactions HAFC Stock Analysis - Frequently Asked Questions How have HAFC shares performed this year? Hanmi Financial's stock was trading at $19.40 at the beginning of the year. Since then, HAFC stock has increased by 5.7% and is now trading at $20.51. View the best growth stocks for 2024 here. How were Hanmi Financial's earnings last quarter? Hanmi Financial Co. (NASDAQ:HAFC) posted its quarterly earnings data on Tuesday, July, 23rd. The bank reported $0.48 EPS for the quarter, meeting the consensus estimate of $0.48. The bank had revenue of $106.72 million for the quarter, compared to analysts' expectations of $59.07 million. Hanmi Financial had a net margin of 15.84% and a trailing twelve-month return on equity of 9.66%. 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. Who are Hanmi Financial's major shareholders? Hanmi Financial's top institutional shareholders include Bank of New York Mellon Corp (1.49%), Assenagon Asset Management S.A. (0.78%), Allspring Global Investments Holdings LLC (0.07%) and SG Americas Securities LLC (0.06%). Insiders that own company stock include Romolo Santarosa, Harry Chung and Michael Yang. 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of Hanmi Financial own? Based on aggregate information from My MarketBeat watchlists, some other companies that Hanmi Financial investors own include General Mills (GIS), Harley-Davidson (HOG), JPMorgan Chase & Co. (JPM), Exxon Mobil (XOM), CenterPoint Energy (CNP), CubeSmart (CUBE) and Enterprise Products Partners (EPD). 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