Positive News SentimentPositive NewsNASDAQ:HAFC Hanmi Financial (HAFC) Stock Price, News & Analysis $18.60 -0.41 (-2.16%) (As of 09/6/2024 08:48 PM ET) Add Compare Share Share Today's Range$18.54▼$19.1950-Day Range$15.78▼$20.7052-Week Range$13.87▼$20.92Volume300,800 shsAverage Volume240,208 shsMarket Capitalization$563.02 millionP/E Ratio7.75Dividend Yield5.38%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/Downside9.3% Upside$20.33 Price TargetShort InterestHealthy2.39% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-0.66Upright™ Environmental ScoreNews SentimentN/AInsider TradingN/AProj. Earnings Growth7.07%From $1.98 to $2.12 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.4.44 out of 5 starsFinance Sector141st out of 866 stocksNational Commercial Banks Industry21st out of 85 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 5.0 Short Interest Percentage of Shares Shorted2.39% 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 3.3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Hanmi Financial has recently decreased by 9.89%, indicating that investor sentiment is improving significantly. Previous Next 3.3 Dividend Strength Dividend LeadershipHanmi Financial is a leading dividend payer. It pays a dividend yield of 5.38%, 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 47.17% 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 3.2 News and Social Media Coverage News SentimentHanmi Financial has a news sentiment score of 1.75. 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 is a higher news sentiment than the 0.67 average news sentiment score of Finance companies.Search InterestOnly 2 people have searched for HAFC on MarketBeat in the last 30 days. This is a decrease of -33% compared to the previous 30 days.MarketBeat Follows2 people have added Hanmi Financial to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 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 7.07% in the coming year, from $1.98 to $2.12 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Hanmi Financial is 7.75, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 122.09.Price to Earnings Ratio vs. SectorThe P/E ratio of Hanmi Financial is 7.75, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 44.78.Price to Book Value per Share RatioHanmi Financial has a P/B Ratio of 0.81. 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 Behind the MarketsUnveiled: NVIDIA’s "Secret Royalty" ProgramDid you know that there's an investment that will give you the opportunity to collect "royalties" every time Nvidia makes a chip?Click Here to learn how to get in now >>> 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 HeadlinesSeptember 1, 2024 | seekingalpha.comHanmi Financial: 5.0% Dividend Yield And Next Year's Earnings Outlook Is StableAugust 31, 2024 | americanbankingnews.comHanmi Financial (NASDAQ:HAFC) Share Price Passes Above 200 Day Moving Average of $16.46September 9, 2024 | StockEarnings (Ad)Forget polls, focus on these 5 tickersWith all the geopolitical tensions in the world… all the inflation… all the expectations of a new round of Fed interest rate cuts… It’s no wonder gold is on a tear. In fact, the yellow metal’s up about 23% for the year (and likely to march much higher). But did you know that gold miners are doing even better?August 12, 2024 | benzinga.comHanmi Financial (NASDAQ:HAFC) Stock Quotes, Forecast and News SummaryAugust 1, 2024 | finance.yahoo.comShould You Buy Hanmi Financial Corporation (NASDAQ:HAFC) For Its Upcoming Dividend?July 25, 2024 | globenewswire.comHanmi Financial Declares Cash Dividend of $0.25 per shareJuly 24, 2024 | msn.comHanmi Financial Corporation (NASDAQ:HAFC) Q2 2024 Earnings Call TranscriptJuly 24, 2024 | finanznachrichten.deHanmi Bank: Hanmi Reports 2024 Second Quarter ResultsSeptember 9, 2024 | StockEarnings (Ad)Forget polls, focus on these 5 tickersWith all the geopolitical tensions in the world… all the inflation… all the expectations of a new round of Fed interest rate cuts… It’s no wonder gold is on a tear. In fact, the yellow metal’s up about 23% for the year (and likely to march much higher). But did you know that gold miners are doing even better?July 23, 2024 | seekingalpha.comHanmi Financial Corporation (HAFC) Q2 2024 Earnings Call TranscriptJuly 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 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 CommunityApril 27, 2024 | seekingalpha.comHanmi Financial: High Dividend Yield Is Safe From A Negative Earnings OutlookSee 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 Last Earnings7/23/2024Ex-Dividend for 8/21 Dividend8/05/2024Dividend Payable8/21/2024Today9/09/2024Next 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+9.3%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$2.40 Trailing P/E Ratio7.75 Forward P/E Ratio9.39 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 Ratio1.00 Sales & Book Value Annual Sales$236.97 million Price / Sales2.39 Cash Flow$2.76 per share Price / Cash Flow6.74 Book Value$23.36 per share Price / Book0.80Miscellaneous Outstanding Shares30,387,000Free Float29,895,000Market Cap$565.20 million OptionableOptionable Beta0.88 Social Links 20 Stocks to Sell NowMarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.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 CompetitorsBridge BancorpNASDAQ:BDGEAmerican National BanksharesNASDAQ:AMNBSmartFinancialNASDAQ:SMBKAlerus FinancialNASDAQ:ALRSFinancial InstitutionsNASDAQ:FISIView All CompetitorsInsiders & InstitutionsSanctuary Advisors LLCBought 33,768 shares on 9/5/2024Ownership: 0.111%Point72 Asset Management L.P.Bought 2,687 shares on 8/19/2024Ownership: 0.041%Algert Global LLCBought 9,378 shares on 8/16/2024Ownership: 0.583%Quarry LPSold 588 shares on 8/16/2024Ownership: 0.006%The Manufacturers Life Insurance Company Bought 911 shares on 8/15/2024Ownership: 0.038%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 start of the year. Since then, HAFC stock has decreased by 4.1% and is now trading at $18.60. View the best growth stocks for 2024 here. How were Hanmi Financial's earnings last quarter? Hanmi Financial Co. (NASDAQ:HAFC) issued its quarterly earnings results on Tuesday, July, 23rd. The bank reported $0.48 EPS for the quarter, meeting analysts' consensus estimates of $0.48. The bank earned $106.72 million during the quarter, compared to analysts' expectations of $59.07 million. Hanmi Financial had a trailing twelve-month return on equity of 9.66% and a net margin of 15.84%. 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 Dimensional Fund Advisors LP (5.83%), LSV Asset Management (3.67%), AQR Capital Management LLC (3.53%) and American Century Companies Inc. (1.90%). 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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