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

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

Hanmi Financial declared a quarterly dividend on Friday, January 24th. Stockholders of record on Monday, February 3rd will be paid a dividend of $0.24 per share on Thursday, February 27th. This represents a $0.96 annualized dividend and a dividend yield of 5.12%. The ex-dividend date of this dividend is Friday, January 31st. View Hanmi Financial's Dividend History.

Hanmi Financial announced that its Board of Directors has initiated a share buyback plan on Thursday, January 24th 2019, which permits the company to repurchase 1,500,000 outstanding shares, according to EventVestor. This repurchase authorization permits the company to buy shares of its stock through open market purchases. Stock repurchase plans are typically a sign that the company's board of directors believes its shares are undervalued.

Hanmi Financial Corp (NASDAQ:HAFC) posted its quarterly earnings data on Tuesday, October, 22nd. The bank reported $0.40 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.47 by $0.07. The bank had revenue of $50.92 million for the quarter, compared to analyst estimates 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 28th 2020. View Earnings Estimates for Hanmi Financial.

Hanmi Financial will be holding an earnings conference call on Tuesday, January 28th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

1 brokerages have issued 1-year target prices 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 14.6% from the stock's current price. View Analyst Price Targets for Hanmi Financial.

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Hanmi Financial in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Hanmi Financial.

News coverage about HAFC stock has trended somewhat positive recently, InfoTrie reports. The research group identifies negative and positive news coverage by reviewing 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 five, with scores nearest to five being the most favorable. Hanmi Financial earned a news sentiment score of 0.6 on InfoTrie's scale. They also gave media coverage about the bank a news buzz of 5.0 out of 10, indicating that recent news coverage is somewhat likely to have an effect on the company's share price in the next few days. View News Stories for Hanmi Financial.

Hanmi Financial saw a increase in short interest during the month of December. As of December 31st, there was short interest totalling 483,700 shares, an increase of 10.1% from the December 15th total of 439,300 shares. Based on an average daily trading volume, of 147,700 shares, the short-interest ratio is currently 3.3 days. Currently, 1.6% 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 PNC Financial Services Group (PNC), Truist Financial (TFC), 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), Signature Bank (SBNY), Commerce Bancshares (CBSH), East West Bancorp (EWBC) and TCF Financial (TCF).

Based on aggregate information from My MarketBeat watchlists, some companies that other Hanmi Financial investors own include General Mills (GIS), Harley-Davidson (HOG), JPMorgan Chase & Co. (JPM), Twitter (TWTR), Exxon Mobil (XOM), Gilead Sciences (GILD), Mattel (MAT), Methanex (MEOH), PacWest Bancorp (PACW) and Pattern Energy Group (PEGI).

Hanmi Financial's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Strs Ohio (0.11%) and Louisiana State Employees Retirement System (0.03%). 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 Louisiana State Employees Retirement System. View Insider Buying and Selling for Hanmi Financial.

HAFC stock was purchased by a variety of institutional investors in the last quarter, including Strs Ohio. 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 $18.76.

Hanmi Financial has a market capitalization of $583.62 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]