Hanmi Financial Stock Price, Forecast & Analysis (NASDAQ:HAFC)

Hanmi Financial trades on the NASDAQ under the ticker symbol "HAFC."

Hanmi Financial announced a quarterly dividend on Thursday, October 24th. Investors of record on Monday, November 4th will be paid a dividend of $0.24 per share on Wednesday, November 27th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 4.90%. The ex-dividend date is Friday, November 1st. View Hanmi Financial's Dividend History.

Hanmi Financial announced that its Board of Directors has authorized a share buyback program on Thursday, January 24th 2019, which allows the company to repurchase 1,500,000 outstanding shares, according to EventVestor. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Shares repurchase programs are generally a sign that the company's leadership believes its stock is undervalued.

Hanmi Financial Corp (NASDAQ:HAFC) issued its quarterly earnings data on Tuesday, October, 22nd. The bank reported $0.40 EPS for the quarter, missing the consensus estimate of $0.47 by $0.07. The bank earned $50.92 million during the quarter, compared to the consensus estimate of $50.96 million. Hanmi Financial had a return on equity of 7.77% and a net margin of 14.93%. View Hanmi Financial's Earnings History.

Hanmi Financial is scheduled to release their next quarterly earnings announcement on Tuesday, January 21st 2020. View Earnings Estimates for Hanmi Financial.

2 equities research analysts have issued 12 month price objectives for Hanmi Financial's shares. Their forecasts range from $21.50 to $21.50. On average, they anticipate Hanmi Financial's stock price to reach $21.50 in the next twelve months. This suggests a possible upside of 9.8% from the stock's current price. View Analyst Price Targets for Hanmi Financial.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Hanmi Financial in the last year. There are currently 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Hanmi Financial.

Media coverage about HAFC stock has been trending very negative on Monday, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Hanmi Financial earned a media sentiment score of -3.0 on InfoTrie's scale. They also assigned news articles about the bank a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the stock's share price in the near future. View News Stories for Hanmi Financial.

Hanmi Financial saw a decrease in short interest in October. As of October 31st, there was short interest totalling 406,900 shares, a decrease of 27.3% from the September 30th total of 559,500 shares. Based on an average daily trading volume, of 175,200 shares, the short-interest ratio is currently 2.3 days. Approximately 1.3% of the shares of the company are short sold. View Hanmi Financial's Current Options Chain.

Some companies that are related to Hanmi Financial include PNC Financial Services Group (PNC), BB&T (BBT), SunTrust Banks (STI), M&T Bank (MTB), Fifth Third Bancorp (FITB), KeyCorp (KEY), First Republic Bank (FRC), Regions Financial (RF), Huntington Bancshares (HBAN), SVB Financial Group (SIVB), Zions Bancorporation NA (ZION), Commerce Bancshares (CBSH), Signature Bank (SBNY), East West Bancorp (EWBC) and Cullen/Frost Bankers (CFR).

Based on aggregate information from My MarketBeat watchlists, some companies that other Hanmi Financial investors own include Mondi (MNDI), CubeSmart (CUBE), Entravision Communication (EVC), JPMorgan Chase & Co. (JPM), Thermo Fisher Scientific (TMO), Mattel (MAT), FactSet Research Systems (FDS), General Mills (GIS), Masco (MAS) and Twitter (TWTR).

Hanmi Financial's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Massachusetts Financial Services Co. MA (5.86%), Systematic Financial Management LP (1.45%), Mackay Shields LLC (0.58%), Rhumbline Advisers (0.40%), California Public Employees Retirement System (0.20%) and Great West Life Assurance Co. Can (0.13%). Company insiders that own Hanmi Financial stock include John J Ahn, Joseph K Rho and Scott Diehl. View Institutional Ownership Trends for Hanmi Financial.

HAFC stock was sold by a variety of institutional investors in the last quarter, including Congress Asset Management Co. MA, Systematic Financial Management LP, SG Americas Securities LLC, First Trust Advisors LP and Great West Life Assurance Co. Can. View Insider Buying and Selling for Hanmi Financial.

HAFC stock was bought by a variety of institutional investors in the last quarter, including Massachusetts Financial Services Co. MA, Mackay Shields LLC, State of Alaska Department of Revenue, State of Tennessee Treasury Department, California Public Employees Retirement System, Russell Investments Group Ltd. and Rhumbline Advisers. Company insiders that have bought Hanmi Financial stock in the last two years include John J Ahn and Scott Diehl. View Insider Buying and Selling for Hanmi Financial.

Shares of HAFC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of HAFC stock can currently be purchased for approximately $19.58.

Hanmi Financial has a market capitalization of $609.13 million and generates $258.92 million in revenue each year. The bank earns $57.87 million in net income (profit) each year or $1.90 on an earnings per share basis. Hanmi Financial employs 635 workers across the globe.View Additional Information About Hanmi Financial.

The official website for Hanmi Financial is http://www.hanmi.com/.

Hanmi Financial's mailing address is 3660 WILSHIRE BLVD SUITE PH-A, LOS ANGELES CA, 90010. The bank can be reached via phone at 213-382-2200 or via email at [email protected]