NASDAQ:HAFC Hanmi Financial - HAFC Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Hanmi Financial Co. Please log in to your account or sign up in order to add this asset to your watchlist. $20.05 +0.74 (+3.83%) (As of 03/21/2023 12:00 AM ET) Add Compare Share Share Today's Range$19.78▼$20.9050-Day Range$19.27▼$25.3852-Week Range$18.95▼$27.35Volume435,551 shsAverage Volume225,969 shsMarket Capitalization$611.53 millionP/E Ratio6.04Dividend Yield4.99%Price Target$27.33 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Hanmi Financial MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside36.3% Upside$27.33 Price TargetShort InterestBearish2.91% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-0.39Upright™ Environmental ScoreNews Sentiment0.00Based on 2 Articles This WeekInsider TradingN/AProj. Earnings Growth-0.33%From $3.04 to $3.03 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.52 out of 5 starsFinance Sector399th out of 872 stocksNational Commercial Banks Industry50th out of 85 stocks 3.5 Analyst's Opinion Consensus RatingHanmi Financial has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $27.33, Hanmi Financial has a forecasted upside of 36.3% from its current price of $20.05.Amount of Analyst CoverageHanmi Financial has only been the subject of 1 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted2.91% 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 5.3.Change versus previous monthShort interest in Hanmi Financial has recently increased by 10.93%, 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 5.19%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthHanmi Financial has only been increasing its dividend for 2 years.Dividend CoverageThe dividend payout ratio of Hanmi Financial is 30.12%. 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 33.00% next year. This indicates that Hanmi Financial will be able to sustain or increase its dividend. Previous Next 3.4 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreHanmi Financial has received a 39.51% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Cash withdrawal services", "Wire transfer services", "Mortgages provided by brick and mortar banks", "Debit cards", "Consumer savings accounts provided by brick and mortar banks", and "Corporate debit cards" products. See details.Environmental SustainabilityThe Environmental Impact score for Hanmi Financial is -0.39. Previous Next 0.6 News and Social Media Coverage News Coverage This WeekMarketBeat has tracked 2 news articles for Hanmi Financial this week, compared to 1 article on an average week.Search Interest4 people have searched for HAFC on MarketBeat 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 1.46% of the stock of Hanmi Financial is held by insiders.Percentage Held by Institutions88.75% of the stock of Hanmi Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Hanmi Financial are expected to decrease by -0.33% in the coming year, from $3.04 to $3.03 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Hanmi Financial is 6.04, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 128.47.Price to Earnings Ratio vs. SectorThe P/E ratio of Hanmi Financial is 6.04, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 139.91.Price to Book Value per Share RatioHanmi Financial has a P/B Ratio of 0.96. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Hanmi Financial (NASDAQ:HAFC) StockHanmi Financial Corp. is a holding company, which engages in the provision of commercial banking and financial services. It offers checking, money market and savings, treasury management, and loans. The company was founded in 1982 and is headquartered in Los Angeles, CA.Read More 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 HAFC Stock News HeadlinesMarch 21, 2023 | americanbankingnews.comZions Bancorporation, National Association (NASDAQ:ZION) versus Hanmi Financial (NASDAQ:HAFC) Critical ContrastMarch 20, 2023 | latimes.comBonnie LeeMarch 21, 2023 | Legacy Research (Affiliate) (Ad)"Prepare for Five Years of Famine"Market Wizard who predicted all indexes would be negative in 2022 shares shocking new forecastJanuary 31, 2023 | seekingalpha.comHanmi Financial: Earnings Likely To Stay FlattishJanuary 30, 2023 | finanznachrichten.deHanmi Bank: Hanmi Reports 2022 Fourth Quarter and Full Year ResultsJanuary 29, 2023 | finance.yahoo.comHanmi Financial Corporation (NASDAQ:HAFC) Looks Like A Good Stock, And It's Going Ex-Dividend SoonJanuary 27, 2023 | finance.yahoo.comHanmi Financial Corporation (NASDAQ:HAFC) Just Reported Earnings, And Analysts Cut Their Target PriceJanuary 26, 2023 | finance.yahoo.comHanmi Financial Corporation (NASDAQ:HAFC) Q4 2022 Earnings Call TranscriptMarch 21, 2023 | Legacy Research (Affiliate) (Ad)"Prepare for Five Years of Famine"Market Wizard who predicted all indexes would be negative in 2022 shares shocking new forecastJanuary 26, 2023 | msn.comHanmi Financial declares $0.25 dividendJanuary 25, 2023 | markets.businessinsider.comAnalysts Offer Insights on Financial Companies: Hanmi Financial (HAFC) and Invesco (IVZ)January 25, 2023 | reuters.comHAFC.DF - | Stock Price & Latest News | ReutersJanuary 25, 2023 | seekingalpha.comHanmi Financial Corporation (HAFC) Q4 2022 Earnings Call TranscriptJanuary 24, 2023 | msn.comHanmi Financial GAAP EPS of $0.93 beats by $0.09, revenue of $72.01M misses by $1.39MJanuary 24, 2023 | finance.yahoo.comHanmi Reports 2022 Fourth Quarter and Full Year ResultsJanuary 24, 2023 | finance.yahoo.comHanmi Financial (HAFC) Q4 Earnings Surpass EstimatesJanuary 23, 2023 | msn.comHanmi Financial's Earnings OutlookJanuary 10, 2023 | finance.yahoo.comHanmi Financial Corporation Announces Fourth Quarter 2022 Earnings and Conference Call DateDecember 23, 2022 | finance.yahoo.comHere's Why We Think Hanmi Financial (NASDAQ:HAFC) Is Well Worth WatchingDecember 13, 2022 | finance.yahoo.comHanmi Financial Corporation Rings Nasdaq Closing Bell in Celebration of 40th AnniversaryNovember 12, 2022 | finance.yahoo.comHanmi Financial Third Quarter 2022 Earnings: Beats ExpectationsNovember 4, 2022 | seekingalpha.comHanmi Financial: Attractively Valued However Earnings Likely To Be FlattishNovember 1, 2022 | finance.yahoo.comWhat Makes Hanmi Financial (HAFC) a Strong Momentum Stock: Buy Now?October 27, 2022 | finance.yahoo.comHanmi Financial Declares Cash Dividend of $0.25 per shareOctober 26, 2022 | finance.yahoo.comHanmi Bank and HoneyBee to Offer A New Tool for the UnbankedOctober 25, 2022 | seekingalpha.comHanmi Financial Corporation (HAFC) Q3 2022 Earnings Call TranscriptOctober 25, 2022 | finance.yahoo.comHanmi Reports Third Quarter 2022 ResultsSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 HAFC Company Calendar Last Earnings10/26/2021Ex-Dividend for 2/23 Dividend2/03/2023Dividend Payable2/23/2023Today3/21/2023Next Earnings (Estimated)4/25/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry National commercial banks Sub-IndustryRegional Banks SectorFinance Current SymbolNASDAQ:HAFC Previous SymbolNASDAQ:HAFCD CUSIP41049520 CIK1109242 Webwww.hanmi.com Phone(213) 382-2200Fax302-636-5454Employees586Year Founded1982Price Target and Rating Average Stock Price Forecast$27.33 High Stock Price Forecast$29.00 Low Stock Price Forecast$26.00 Forecasted Upside/Downside+36.3%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$3.32 Trailing P/E Ratio6.04 Forward P/E Ratio6.60 P/E GrowthN/ANet Income$101.39 million Net Margins32.92% Pretax Margin45.69% Return on Equity16.31% Return on Assets1.44% Debt Debt-to-Equity Ratio0.75 Current Ratio1.00 Quick Ratio1.00 Sales & Book Value Annual Sales$308.01 million Price / Sales1.99 Cash Flow$3.98 per share Price / Cash Flow5.04 Book Value$20.91 per share Price / Book0.96Miscellaneous Outstanding Shares30,500,000Free Float30,050,000Market Cap$611.53 million OptionableOptionable Beta0.98 Social Links Key ExecutivesBonita I. LeePresident, Chief Executive Officer & DirectorRomolo C. SantarosaChief Financial Officer & Senior Executive VPMatthew D. FuhrChief Credit Administrative Officer & Executive VPAnthony KimChief Banking Officer & Executive Vice PresidentMichael DuChief Risk Officer & Senior Vice PresidentKey CompetitorsCamden NationalNASDAQ:CACFirst of Long IslandNASDAQ:FLICAmerican National BanksharesNASDAQ:AMNBFinancial InstitutionsNASDAQ:FISIFirst BancorpNASDAQ:FNLCView All CompetitorsInstitutional OwnershipB. Riley Wealth Advisors Inc.Bought 8,814 shares on 3/15/2023Ownership: 0.029%B. Riley Wealth Advisors Inc.Bought 8,814 shares on 2/21/2023Ownership: 0.029%Truist Financial CorpBought 29,567 shares on 2/17/2023Ownership: 0.097%Legal & General Group PlcBought 1,705 shares on 2/15/2023Ownership: 0.241%MetLife Investment Management LLCSold 1,607 shares on 2/15/2023Ownership: 0.053%View All Institutional Transactions HAFC Stock - Frequently Asked Questions Should I buy or sell Hanmi Financial stock right now? 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Hanmi Financial in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" HAFC shares. View HAFC analyst ratings or view top-rated stocks. What is Hanmi Financial's stock price forecast for 2023? 2 Wall Street research analysts have issued 12-month target prices for Hanmi Financial's stock. Their HAFC share price forecasts range from $26.00 to $29.00. On average, they predict the company's stock price to reach $27.33 in the next year. This suggests a possible upside of 36.3% 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 the year. Since then, HAFC stock has decreased by 19.0% and is now trading at $20.05. View the best growth stocks for 2023 here. Are investors shorting Hanmi Financial? Hanmi Financial saw a increase in short interest in the month of February. As of February 28th, there was short interest totaling 876,000 shares, an increase of 10.9% from the February 13th total of 789,700 shares. Based on an average daily volume of 165,600 shares, the short-interest ratio is currently 5.3 days. Approximately 2.9% of the shares of the company are sold short. View Hanmi Financial's Short Interest. When is Hanmi Financial's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 25th 2023. View our HAFC earnings forecast. How were Hanmi Financial's earnings last quarter? Hanmi Financial Co. (NASDAQ:HAFC) announced its quarterly earnings data on Tuesday, October, 26th. The bank reported $0.86 earnings per share for the quarter, beating the consensus estimate of $0.58 by $0.28. The bank earned $62.49 million during the quarter, compared to analyst estimates of $56.73 million. Hanmi Financial had a net margin of 32.92% and a trailing twelve-month return on equity of 16.31%. During the same quarter in the previous year, the firm earned $0.53 EPS. How often does Hanmi Financial pay dividends? What is the dividend yield for Hanmi Financial? Hanmi Financial declared a quarterly dividend on Thursday, January 26th. Stockholders of record on Monday, February 6th will be given a dividend of $0.25 per share on Thursday, February 23rd. This represents a $1.00 annualized dividend and a yield of 4.99%. The ex-dividend date of this dividend is Friday, February 3rd. 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 Cambria Value and Momentum ETF (VAMO), Invesco S&P SmallCap 600 Pure Growth ETF (RZG), AdvisorShares Dorsey Wright Micro-Cap ETF (DWMC), Invesco S&P SmallCap Value with Momentum ETF (XSVM), iShares US Small Cap Value Factor ETF (SVAL), Royce Quant Small-Cap Quality Value ETF (SQLV), First Trust NASDAQ ABA Community Bank Index Fund (QABA) and Hartford Multifactor Small Cap ETF (ROSC). 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 5.19%. 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 30.12%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HAFC will have a dividend payout ratio of 33.00% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for HAFC. 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? Based on aggregate information from My MarketBeat watchlists, some companies that other Hanmi Financial investors own include General Mills (GIS), Harley-Davidson (HOG), JPMorgan Chase & Co. (JPM), Exxon Mobil (XOM), CenterPoint Energy (CNP), CubeSmart (CUBE), Enterprise Products Partners (EPD), Energy Transfer (ET), Entravision Communications (EVC) and FactSet Research Systems (FDS). What is Hanmi Financial's stock symbol? Hanmi Financial trades on the NASDAQ under the ticker symbol "HAFC." Who are Hanmi Financial's major shareholders? Hanmi Financial's stock is owned by a variety of institutional and retail investors. Top institutional investors include Dimensional Fund Advisors LP (7.96%), LSV Asset Management (4.02%), Geode Capital Management LLC (1.88%), Stieven Capital Advisors L.P. (1.49%), Millennium Management LLC (1.31%) and Charles Schwab Investment Management Inc. (1.31%). Insiders that own company stock include Bonita Lee, John J Ahn, 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. What is Hanmi Financial's stock price today? One share of HAFC stock can currently be purchased for approximately $20.05. How much money does Hanmi Financial make? Hanmi Financial (NASDAQ:HAFC) has a market capitalization of $611.53 million and generates $308.01 million in revenue each year. The bank earns $101.39 million in net income (profit) each year or $3.32 on an earnings per share basis. How many employees does Hanmi Financial have? The company employs 586 workers across the globe. How can I contact Hanmi Financial? Hanmi Financial's mailing address is 3660 WILSHIRE BLVD SUITE PH-A, LOS ANGELES CA, 90010. The official website for the company is www.hanmi.com. The bank can be reached via phone at (213) 382-2200, via email at lglassen@addoir.com, or via fax at 302-636-5454. This page (NASDAQ:HAFC) was last updated on 3/21/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. 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