Hanmi Financial Stock Price, News & Analysis (NASDAQ:HAFC) $18.35 +0.60 (+3.38%) (As of 12/7/2023 ET) Add Compare Share Share Today's Range$17.63▼$18.3550-Day Range$13.99▼$18.3552-Week Range$13.35▼$25.95Volume145,878 shsAverage Volume187,457 shsMarket Capitalization$557.73 millionP/E Ratio6.24Dividend Yield5.45%Price Target$21.25 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Hanmi Financial MarketRank™ Stock AnalysisAnalyst RatingHold2.33 Rating ScoreUpside/Downside15.8% Upside$21.25 Price TargetShort InterestBearish2.11% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-0.63Upright™ Environmental ScoreNews Sentiment0.91Based on 2 Articles This WeekInsider TradingAcquiring Shares$14,230 Bought Last QuarterProj. Earnings Growth-8.11%From $2.59 to $2.38 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.2.40 out of 5 starsFinancial Services Sector46th out of 138 stocksBanks - Regional Industry20th out of 67 stocks 2.2 Analyst's Opinion Consensus RatingHanmi Financial has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $21.25, Hanmi Financial has a forecasted upside of 15.8% from its current price of $18.35.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 Shorted2.11% 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 4.Change versus previous monthShort interest in Hanmi Financial has recently increased by 7.14%, 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 5.66%, 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 34.01%. 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 42.02% next year. This indicates that Hanmi Financial will be able to sustain or increase its dividend. Previous Next 2.9 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreHanmi Financial has received a 26.04% 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 -0.63. Previous Next 2.2 News and Social Media Coverage News SentimentHanmi Financial has a news sentiment score of 0.91. 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 0.51 average news sentiment score of Financial Services companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Hanmi Financial this week, compared to 2 articles on an average week. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Hanmi Financial insiders have bought more of their company's stock than they have sold. Specifically, they have bought $14,230.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 1.46% of the stock of Hanmi Financial is held by insiders.Percentage Held by Institutions88.03% 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 -8.11% in the coming year, from $2.59 to $2.38 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Hanmi Financial is 6.24, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 117.49.Price to Earnings Ratio vs. SectorThe P/E ratio of Hanmi Financial is 6.24, which means that it is trading at a less expensive P/E ratio than the Financial Services sector average P/E ratio of about 308.51.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. Previous Next See Top Rated MarketRank™ Stocks 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, 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.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 HeadlinesDecember 6, 2023 | finance.yahoo.comHanmi Bank Celebrates Grand Opening of Its New Dublin, CA Branch with Local CommunityDecember 2, 2023 | morningstar.comHanmi Financial Corp HAFCDecember 8, 2023 | DTI Trader (Ad)All the trading advice you’ve ever received boils down to thisAll the trading advice you’ve ever received boils down to one goal and one goal only: finding a reliable edge in the markets. If you can do that, grab hold of it and never let go. Because once you have that edge, and you can count on it, you never need to do anything else.November 2, 2023 | finance.yahoo.comHanmi Financial (NASDAQ:HAFC) Has Announced A Dividend Of $0.25October 27, 2023 | benzinga.comHanmi Financial's Ex-Dividend Date Is Wednesday, Here's What You Need To KnowOctober 25, 2023 | finance.yahoo.comAehr Test Systems (AYB.F)October 25, 2023 | finance.yahoo.comHanmi Financial (HAFC) Loses -10.44% in 4 Weeks, Here's Why a Trend Reversal May be Around the CornerOctober 25, 2023 | finance.yahoo.comHanmi Financial Corporation (NASDAQ:HAFC) Q3 2023 Earnings Call TranscriptDecember 8, 2023 | DTI Trader (Ad)All the trading advice you’ve ever received boils down to thisAll the trading advice you’ve ever received boils down to one goal and one goal only: finding a reliable edge in the markets. If you can do that, grab hold of it and never let go. Because once you have that edge, and you can count on it, you never need to do anything else.October 25, 2023 | finanznachrichten.deHanmi Bank: Hanmi Reports 2023 Third Quarter ResultsOctober 24, 2023 | finance.yahoo.comCompared to Estimates, Hanmi Financial (HAFC) Q3 Earnings: A Look at Key MetricsOctober 24, 2023 | seekingalpha.comHanmi Financial Corporation 2023 Q3 - Results - Earnings Call PresentationOctober 24, 2023 | finance.yahoo.comHanmi Reports 2023 Third Quarter ResultsOctober 23, 2023 | finance.yahoo.comDown -8.51% in 4 Weeks, Here's Why Hanmi Financial (HAFC) Looks Ripe for a TurnaroundOctober 22, 2023 | finance.yahoo.comHanmi Financial (NASDAQ:HAFC) shareholders have earned a 22% CAGR over the last three yearsOctober 10, 2023 | finance.yahoo.comHanmi Financial Corporation Announces Third Quarter 2023 Earnings and Conference Call DateOctober 4, 2023 | finance.yahoo.comAre Investors Undervaluing Hanmi Financial (HAFC) Right Now?October 3, 2023 | benzinga.comAmerican Banker names Bonnie Lee as one of 2023's The Most Powerful Women to Watch™ honoreesOctober 3, 2023 | finance.yahoo.comAmerican Banker names Bonnie Lee as one of 2023’s The Most Powerful Women to Watch™ honoreesSeptember 20, 2023 | benzinga.comSHAREHOLDER ALERT: Morris Kandinov Investigating EBS, JRVR, EGIO, and HAFC; Shareholders are Encouraged to Contact the FirmSeptember 16, 2023 | investing.comHanmi Pharm Co Ltd (128940)August 20, 2023 | omaha.comChanneling the ghost of Benjamin Graham for words of wisdomAugust 16, 2023 | benzinga.comSHAREHOLDER ALERT: Morris Kandinov Investigating HAFC, CVNA, PEGA, and NLTX; Shareholders are Encouraged to Contact the FirmAugust 3, 2023 | msn.comHanmi Financial (HAFC) Price Target Increased by 9.47% to 21.22August 2, 2023 | finance.yahoo.comHanmi Financial's (NASDAQ:HAFC) Dividend Will Be $0.25August 1, 2023 | finance.yahoo.comHanmi Financial Corporation (NASDAQ:HAFC) Passed Our Checks, And It's About To Pay A US$0.25 DividendJuly 27, 2023 | msn.comWedbush Maintains Hanmi Financial (HAFC) Neutral RecommendationSee 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 Earnings10/24/2023Ex-Dividend for 11/22 Dividend11/03/2023Dividend Payable11/22/2023Today12/07/2023Fiscal Year End12/31/2023Next Earnings (Estimated)1/23/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Banks - Regional Sub-IndustryRegional Banks SectorFinancial Services Current SymbolNASDAQ:HAFC Previous SymbolNASDAQ:HAFCD CUSIP41049520 CIK1109242 Webwww.hanmi.com Phone(213) 382-2200Fax302-636-5454Employees619Year Founded1982Price Target and Rating Average Stock Price Target$21.25 High Stock Price Target$29.00 Low Stock Price Target$16.00 Potential Upside/Downside+15.8%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$2.94 Trailing P/E Ratio6.24 Forward P/E Ratio7.08 P/E GrowthN/ANet Income$101.39 million Net Margins23.09% Pretax Margin32.16% Return on Equity13.66% Return on Assets1.22% Debt Debt-to-Equity Ratio0.44 Current Ratio0.98 Quick Ratio0.98 Sales & Book Value Annual Sales$261.70 million Price / Sales2.13 Cash Flow$3.96 per share Price / Cash Flow4.63 Book Value$20.91 per share Price / Book0.88Miscellaneous Outstanding Shares30,394,000Free Float29,950,000Market Cap$557.73 million OptionableOptionable Beta0.99 Social Links Metaverse Stocks And Why You Can't Ignore ThemThinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.Get This Free Report Key ExecutivesMs. Bonita I. Lee (Age 60)President, CEO & Director Comp: $1.56MMr. Romolo C. Santarosa (Age 67)Senior EVP & CFO Comp: $799.23kMr. Anthony I. Kim (Age 55)Senior EVP & Chief Banking Officer Comp: $533.98kMr. Matthew D. Fuhr (Age 60)EVP & Chief Credit Officer Comp: $483.92kMr. Michael Du (Age 50)Senior VP & Chief Risk Officer Comp: $362.28kMr. Joseph A. Pangrazio (Age 63)Senior VP & Chief Accounting Officer Ms. Vivian I. Kim (Age 41)Executive VP, General Counsel & Chief People Officer More ExecutivesKey CompetitorsCamden NationalNASDAQ:CACHorizon BancorpNASDAQ:HBNCCentral Pacific FinancialNYSE:CPFMercantile BankNASDAQ:MBWMUnivest FinancialNASDAQ:UVSPView All CompetitorsInsiders & InstitutionsCitigroup Inc.Sold 28,519 shares on 12/6/2023Ownership: 0.087%American Century Companies Inc.Bought 35,104 shares on 11/30/2023Ownership: 1.181%Deutsche Bank AGBought 4,152 shares on 11/24/2023Ownership: 0.053%Public Sector Pension Investment BoardSold 16,540 shares on 11/22/2023Ownership: 0.124%Comerica BankBought 15,390 shares on 11/21/2023Ownership: 0.051%View All Insider TransactionsView All Institutional Transactions 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 year. 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 brokerages have issued 1-year price targets for Hanmi Financial's stock. Their HAFC share price targets range from $16.00 to $29.00. On average, they anticipate the company's share price to reach $21.25 in the next year. This suggests a possible upside of 15.8% 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 start of the year. Since then, HAFC shares have decreased by 25.9% and is now trading at $18.35. 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) issued its quarterly earnings results on Tuesday, October, 24th. The bank reported $0.62 EPS for the quarter, beating analysts' consensus estimates of $0.61 by $0.01. The bank had revenue of $66.08 million for 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 declared 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 dividend yield of 5.45%. The ex-dividend date 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 5.66%. 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? 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). 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 12/8/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access 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. 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. 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