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

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

Hanmi Financial declared a quarterly dividend on Thursday, July 25th. Shareholders of record on Friday, August 9th will be given a dividend of $0.24 per share on Friday, August 30th. This represents a $0.96 annualized dividend and a yield of 5.28%. The ex-dividend date of this dividend is Thursday, August 8th. View Hanmi Financial's Dividend History.

Hanmi Financial declared that its Board of Directors has authorized a stock 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. Shares repurchase programs are usually an indication that the company's leadership believes its stock is undervalued.

Hanmi Financial Corp (NASDAQ:HAFC) posted its quarterly earnings data on Tuesday, October, 23rd. The bank reported $0.50 EPS for the quarter, missing analysts' consensus estimates of $0.51 by $0.01. The bank earned $51.54 million during the quarter, compared to analyst estimates of $53.60 million. Hanmi Financial had a return on equity of 8.45% and a net margin of 16.44%. View Hanmi Financial's Earnings History.

Hanmi Financial is scheduled to release their next quarterly earnings announcement on Tuesday, October 22nd 2019. View Earnings Estimates for Hanmi Financial.

Hanmi Financial will be holding an earnings conference call on Tuesday, October 22nd at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

3 brokers have issued 12-month target prices for Hanmi Financial's stock. Their forecasts range from $21.50 to $23.00. On average, they expect Hanmi Financial's stock price to reach $22.25 in the next year. This suggests a possible upside of 22.4% from the stock's current price. View Analyst Price Targets for Hanmi Financial.

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Hanmi Financial in the last year. There are currently 3 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Hanmi Financial.

News stories about HAFC stock have been trending very negative recently, InfoTrie Sentiment reports. InfoTrie identifies positive and negative media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Hanmi Financial earned a coverage optimism score of -3.3 on InfoTrie's scale. They also gave media coverage about the bank a news buzz of 8.0 out of 10, meaning that recent media coverage is very likely to have an impact on the company's share price in the near term. View News Stories for Hanmi Financial.

Hanmi Financial saw a decline in short interest during the month of September. As of September 15th, there was short interest totalling 695,000 shares, a decline of 5.8% from the August 15th total of 737,900 shares. Based on an average daily volume of 154,900 shares, the days-to-cover ratio is currently 4.5 days. Currently, 2.3% of the shares of the company are sold short. View Hanmi Financial's Current Options Chain.

Some companies that are related to Hanmi Financial include Trustmark (TRMK), Cadence Bancorp (CADE), First Midwest Bancorp (FMBI), WesBanco (WSBC), First Merchants (FRME), BancFirst (BANF), Hope Bancorp (HOPE), Northwest Bancshares (NWBI), Westamerica Bancorporation (WABC), NBT Bancorp (NBTB), First Commonwealth Financial (FCF), City (CHCO), Sandy Spring Bancorp (SASR), National Bank (NBHC) and Farmers And Merchants Bank of Long Beach (FMBL).

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 many different of retail and institutional investors. Top institutional investors include State of Alaska Department of Revenue (0.08%). 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 bought by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue. 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 $18.18.

Hanmi Financial has a market capitalization of $566.67 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]