NASDAQ:HAFC - Hanmi Financial Stock Price, Forecast & News

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

Hanmi Financial announced a quarterly dividend on Thursday, October 24th. Shareholders of record on Monday, November 4th will be given a dividend of $0.24 per share on Wednesday, November 27th. This represents a $0.96 annualized dividend and a dividend yield of 4.86%. The ex-dividend date of this dividend is Friday, November 1st. View Hanmi Financial's Dividend History.

Hanmi Financial announced that its Board of Directors has approved a stock repurchase program on Thursday, January 24th 2019, which authorizes the company to repurchase 1,500,000 outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Stock repurchase programs are often a sign that the company's board believes its shares are undervalued.

Hanmi Financial Corp (NASDAQ:HAFC) posted its quarterly earnings results on Friday, October, 4th. The bank reported $0.09 earnings per share (EPS) for the quarter. The bank had revenue of $50.72 million for the quarter. 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 brokerages have issued 1 year price targets for Hanmi Financial's stock. Their forecasts range from $21.50 to $21.50. On average, they expect Hanmi Financial's share price to reach $21.50 in the next year. This suggests a possible upside of 8.9% 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.

Headlines about HAFC stock have been trending extremely negative this week, according to InfoTrie. The research group ranks the sentiment of news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Hanmi Financial earned a media sentiment score of -5.0 on InfoTrie's scale. They also gave media headlines about the bank a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the stock's share price in the immediate future. View News Stories for Hanmi Financial.

Hanmi Financial saw a decrease in short interest in November. As of November 15th, there was short interest totalling 406,900 shares, a decrease of 27.3% from the October 31st total of 559,500 shares. Based on an average daily trading volume, of 175,200 shares, the days-to-cover ratio is presently 2.3 days. Currently, 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 BOK Financial (BOKF).

Based on aggregate information from My MarketBeat watchlists, some companies that other Hanmi Financial investors own include CubeSmart (CUBE), Entravision Communication (EVC), JPMorgan Chase & Co. (JPM), Mondi (MNDI), FactSet Research Systems (FDS), Masco (MAS), Thermo Fisher Scientific (TMO), Automatic Data Processing (ADP), Amgen (AMGN) and Hope Bancorp (HOPE).

Hanmi Financial's stock is owned by a number of of retail and institutional investors. Top institutional investors include Massachusetts Financial Services Co. MA (5.86%), State Street Corp (3.40%), Boston Partners (3.21%), Systematic Financial Management LP (1.45%), Mackay Shields LLC (0.58%) and Rhumbline Advisers (0.40%). 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, State Street Corp, Boston Partners, 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 purchased 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, Squarepoint Ops LLC, 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 $19.74.

Hanmi Financial has a market capitalization of $614.11 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]