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

$19.07
+0.14 (+0.74 %)
(As of 09/20/2019 10:11 AM ET)
Today's Range
$18.90
Now: $19.07
$19.07
50-Day Range
$17.16
MA: $18.64
$21.65
52-Week Range
$17.01
Now: $19.07
$26.20
Volume250 shs
Average Volume136,232 shs
Market Capitalization$589.84 million
P/E Ratio9.96
Dividend Yield5.01%
Beta1.17
Hanmi Financial Corporation operates as the holding company for Hanmi Bank that provides business banking products and services in the United States. The company 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. Read More…

Industry, Sector and Symbol

Industry National commercial banks
Sub-IndustryRegional Banks
SectorFinance
Current SymbolNASDAQ:HAFC
Previous SymbolNASDAQ:HAFCD
CUSIP41049520
Phone213-382-2200

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$258.92 million
Cash Flow$2.2462 per share
Book Value$17.39 per share

Profitability

Net Income$57.87 million

Miscellaneous

Employees635
Market Cap$589.84 million
Next Earnings Date10/21/2019 (Estimated)
OptionableOptionable

Receive HAFC News and Ratings via Email

Sign-up to receive the latest news and ratings for HAFC and its competitors with MarketBeat's FREE daily newsletter.


Hanmi Financial (NASDAQ:HAFC) Frequently Asked Questions

What is Hanmi Financial's stock symbol?

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

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

Hanmi Financial declared a quarterly dividend on Thursday, July 25th. Stockholders of record on Friday, August 9th will be paid a dividend of $0.24 per share on Friday, August 30th. This represents a $0.96 annualized dividend and a dividend yield of 5.08%. The ex-dividend date of this dividend is Thursday, August 8th. View Hanmi Financial's Dividend History.

How will Hanmi Financial's stock buyback program work?

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

How were Hanmi Financial's earnings last quarter?

Hanmi Financial Corp (NASDAQ:HAFC) announced its quarterly earnings results on Tuesday, October, 23rd. The bank reported $0.50 EPS for the quarter, missing the Zacks' consensus estimate of $0.51 by $0.01. The bank earned $51.54 million during the quarter, compared to the consensus estimate of $53.60 million. Hanmi Financial had a return on equity of 10.71% and a net margin of 21.65%. View Hanmi Financial's Earnings History.

When is Hanmi Financial's next earnings date?

Hanmi Financial is scheduled to release their next quarterly earnings announcement on Monday, October 21st 2019. View Earnings Estimates for Hanmi Financial.

What price target have analysts set for HAFC?

4 analysts have issued 12-month price objectives for Hanmi Financial's stock. Their forecasts range from $21.50 to $28.00. On average, they anticipate Hanmi Financial's share price to reach $24.1667 in the next year. This suggests a possible upside of 27.9% from the stock's current price. View Analyst Price Targets for Hanmi Financial.

What is the consensus analysts' recommendation for Hanmi Financial?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Hanmi Financial in the last year. There are currently 4 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Hanmi Financial.

Has Hanmi Financial been receiving favorable news coverage?

Media headlines about HAFC stock have been trending negative on Friday, according to InfoTrie. InfoTrie identifies positive and negative news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Hanmi Financial earned a news impact score of -2.9 on InfoTrie's scale. They also assigned media headlines about the bank a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the company's share price in the next several days. View News Stories for Hanmi Financial.

Are investors shorting Hanmi Financial?

Hanmi Financial saw a drop in short interest in the month of August. As of August 31st, there was short interest totalling 796,100 shares, a drop of 16.7% from the July 31st total of 955,800 shares. Based on an average trading volume of 141,900 shares, the days-to-cover ratio is currently 5.6 days. Currently, 2.6% of the shares of the stock are short sold. View Hanmi Financial's Current Options Chain.

Who are some of Hanmi Financial's key competitors?

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 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).

Who are Hanmi Financial's key executives?

Hanmi Financial's management team includes the folowing people:
  • Ms. Bonita I. Lee, Pres, CEO & Director (Age 56)
  • Mr. Romolo C. Santarosa, Sr. EVP & CFO (Age 63)
  • Ms. Jean Lim, Chief Risk Officer & Exec. VP of Hanmi Bank (Age 56)
  • Mr. Matthew D. Fuhr, Exec. VP & Chief Credit Admin. Officer of Hanmi Bank (Age 56)
  • Vivian I. Kim, Sr. VP, Gen. Counsel & Corp. Sec.

Who are Hanmi Financial's major shareholders?

Hanmi Financial's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (14.70%), Vanguard Group Inc. (6.88%), LSV Asset Management (4.92%), Boston Partners (3.29%), Renaissance Technologies LLC (2.89%) and JPMorgan Chase & Co. (2.10%). Company insiders that own Hanmi Financial stock include John J Ahn, Joseph K Rho and Scott Diehl. View Institutional Ownership Trends for Hanmi Financial.

Which institutional investors are selling Hanmi Financial stock?

HAFC stock was sold by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN, Investment Counselors of Maryland LLC, Congress Asset Management Co. MA, Renaissance Technologies LLC, Prudential Financial Inc., Municipal Employees Retirement System of Michigan, D. E. Shaw & Co. Inc. and Boston Partners. View Insider Buying and Selling for Hanmi Financial.

Which institutional investors are buying Hanmi Financial stock?

HAFC stock was bought by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Morgan Stanley, Invesco Ltd., Citadel Advisors LLC, Acadian Asset Management LLC, Susquehanna International Group LLP, Pinebridge Investments L.P. and Sun Life Financial INC. 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.

How do I buy shares of 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.

What is Hanmi Financial's stock price today?

One share of HAFC stock can currently be purchased for approximately $18.90.

How big of a company is Hanmi Financial?

Hanmi Financial has a market capitalization of $584.58 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.

What is Hanmi Financial's official website?

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

How can I contact Hanmi Financial?

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]


MarketBeat Community Rating for Hanmi Financial (NASDAQ HAFC)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  281 (Vote Outperform)
Underperform Votes:  355 (Vote Underperform)
Total Votes:  636
MarketBeat's community ratings are surveys of what our community members think about Hanmi Financial and other stocks. Vote "Outperform" if you believe HAFC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe HAFC will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 9/20/2019 by MarketBeat.com Staff

Featured Article: What is the G-20?

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel