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NASDAQ:HAFC

Hanmi Financial (HAFC) Stock Forecast, Price & News

$15.88
+1.17 (+7.95%)
(As of 06/2/2023 ET)
Compare
Today's Range
$14.86
$15.93
50-Day Range
$13.73
$19.19
52-Week Range
$13.35
$27.35
Volume
175,461 shs
Average Volume
204,468 shs
Market Capitalization
$485.13 million
P/E Ratio
4.73
Dividend Yield
6.30%
Price Target
$24.00

Hanmi Financial MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
51.1% Upside
$24.00 Price Target
Short Interest
Healthy
2.62% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.70
Upright™ Environmental Score
News Sentiment
1.32mentions of Hanmi Financial in the last 14 days
Based on 2 Articles This Week
Insider Trading
Acquiring Shares
$42,180 Bought Last Quarter
Proj. Earnings Growth
-1.87%
From $2.68 to $2.63 Per Share

Overall MarketRank

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

2.88 out of 5 stars

Finance Sector

182nd out of 874 stocks

National Commercial Banks Industry

26th out of 84 stocks


HAFC stock logo

About Hanmi Financial (NASDAQ:HAFC) Stock

Hanmi 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.

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HAFC Stock News Headlines

"How war impacts the stock market"
Russia's invasion of Ukraine has already sent the stock market down 10%. But that's just the opening act for the new Russia-China Alliance. There's a major event involving China that's heating up... and it could boil over as soon as April 16th, 2023. Click Here to Learn How to Protect Your Retirement
“Amazon Loophole” could hand you $28,544 in “royalty” payouts
Thanks to a little-known IRS loophole… Regular Americans can collect up to $28,544 (or more) in payouts from what Brad Thomas calls the “Amazon secret royalty program…” See how to collect the next payout before the strict cutoff deadline.
Hanmi Bank: Hanmi Reports 2023 First Quarter Results
Hanmi Reports 2023 First Quarter Results
Hanmi Financial earnings preview: what Wall Street is expecting
Hanmi Financial (HAFC) to Release Quarterly Earnings on Tuesday
HANMI Releases 2022 Annual Shareholder Letter
See More Headlines

HAFC Price History

HAFC Company Calendar

Last Earnings
10/26/2021
Ex-Dividend for 5/24 Dividend
5/05/2023
Dividend Payable
5/24/2023
Today
6/02/2023
Next Earnings (Estimated)
7/25/2023
Fiscal Year End
12/31/2023

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
586
Year Founded
1982

Price Target and Rating

Average Stock Price Forecast
$24.00
High Stock Price Forecast
$29.00
Low Stock Price Forecast
$17.00
Forecasted Upside/Downside
+51.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
3 Analysts

Profitability

Net Income
$101.39 million
Pretax Margin
42.23%

Debt

Sales & Book Value

Annual Sales
$308.01 million
Cash Flow
$4.21 per share
Book Value
$21.68 per share

Miscellaneous

Free Float
30,106,000
Market Cap
$485.13 million
Optionable
Optionable
Beta
0.94

Social Links


Key Executives

  • Bonita I. Lee
    President, Chief Executive Officer & Director
  • Romolo C. Santarosa
    Chief Financial Officer & Senior Executive VP
  • Matthew D. Fuhr
    Chief Credit Administrative Officer & Executive VP
  • Anthony Kim
    Chief Banking Officer & Executive Vice President
  • Min S. Park
    Chief Credit Risk Officer & EVP













HAFC Stock - 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 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street research 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?

3 analysts have issued 1-year price objectives for Hanmi Financial's shares. Their HAFC share price forecasts range from $17.00 to $29.00. On average, they predict the company's share price to reach $24.00 in the next year. This suggests a possible upside of 51.1% 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 shares have decreased by 35.8% and is now trading at $15.88.
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, July 25th 2023.
View our HAFC earnings forecast
.

How were Hanmi Financial's earnings last quarter?

Hanmi Financial Co. (NASDAQ:HAFC) posted its quarterly earnings data on Tuesday, October, 26th. The bank reported $0.86 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.58 by $0.28. The bank had revenue of $62.49 million for the quarter, compared to analysts' expectations of $56.73 million. Hanmi Financial had a net margin of 30.36% and a trailing twelve-month return on equity of 16.26%. During the same period in the prior year, the firm earned $0.53 earnings per share.

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

Hanmi Financial announced a quarterly dividend on Thursday, April 27th. Shareholders of record on Monday, May 8th will be given a dividend of $0.25 per share on Wednesday, May 24th. This represents a $1.00 dividend on an annualized basis and a yield of 6.30%. The ex-dividend date is Friday, May 5th.
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 6.94%. 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 29.76%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HAFC will have a dividend payout ratio of 38.02% 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?
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 many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (14.75%), FMR LLC (8.97%), Dimensional Fund Advisors LP (7.89%), State Street Corp (4.89%), LSV Asset Management (4.07%) and Charles Schwab Investment Management Inc. (2.78%). Insiders that own company stock include Harry Chung, John J Ahn 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 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 $15.88.

How much money does Hanmi Financial make?

Hanmi Financial (NASDAQ:HAFC) has a market capitalization of $485.13 million and generates $308.01 million in revenue each year. The bank earns $101.39 million in net income (profit) each year or $3.36 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 6/2/2023 by MarketBeat.com Staff

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