Hope Bancorp - HOPE Stock Forecast, Price & News

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Hope Bancorp in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" HOPE shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in HOPE, but not buy additional shares or sell existing shares.
View HOPE analyst ratings or view top-rated stocks.

1 equities research analysts have issued 12-month price targets for Hope Bancorp's stock. Their HOPE share price forecasts range from $14.00 to $16.00. On average, they predict the company's stock price to reach $15.00 in the next year. This suggests a possible upside of 15.0% from the stock's current price.
View analysts price targets for HOPE or view top-rated stocks among Wall Street analysts.

Hope Bancorp's stock was trading at $12.81 at the start of the year. Since then, HOPE stock has increased by 1.8% and is now trading at $13.04.
View the best growth stocks for 2023 here.

The company is scheduled to release its next quarterly earnings announcement on Monday, April 17th 2023.
View our HOPE earnings forecast.

Hope Bancorp, Inc. (NASDAQ:HOPE) announced its quarterly earnings results on Tuesday, January, 24th. The financial services provider reported $0.43 EPS for the quarter, missing the consensus estimate of $0.45 by $0.02. The financial services provider earned $236.35 million during the quarter, compared to analyst estimates of $168.70 million. Hope Bancorp had a trailing twelve-month return on equity of 10.86% and a net margin of 28.44%. During the same period in the previous year, the company posted $0.43 earnings per share.

Hope Bancorp announced a quarterly dividend on Monday, January 23rd. Investors of record on Thursday, February 2nd will be given a dividend of $0.14 per share on Thursday, February 16th. This represents a $0.56 annualized dividend and a dividend yield of 4.29%. The ex-dividend date is Wednesday, February 1st.
Read our dividend analysis for HOPE.

Hope Bancorp (NASDAQ:HOPE) pays an annual dividend of $0.56 per share and currently has a dividend yield of 4.44%. HOPE has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 30.94%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HOPE will have a dividend payout ratio of 35.22% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for HOPE.

Based on aggregate information from My MarketBeat watchlists, some companies that other Hope Bancorp investors own include CA (CA), BlackRock (BLK), Endologix (ELGX), Chipotle Mexican Grill (CMG), Athabasca Oil (ATH), NIC (EGOV), Aegean Marine Petroleum Network (ANW), Apollo Commercial Real Estate Finance (ARI), Transocean (RIG) and Express (EXPR).

Hope Bancorp trades on the NASDAQ under the ticker symbol "HOPE."

Hope Bancorp's stock is owned by a number of institutional and retail investors. Top institutional shareholders include New York State Teachers Retirement System (0.25%), New York State Common Retirement Fund (0.24%), Seizert Capital Partners LLC (0.17%), State of New Jersey Common Pension Fund D (0.14%), Bridge City Capital LLC (0.12%) and Comerica Bank (0.11%). Insiders that own company stock include Steven Koh, Thomas Stenger and William J Lewis.
View institutional ownership trends.

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

One share of HOPE stock can currently be purchased for approximately $13.04.

Hope Bancorp (NASDAQ:HOPE) has a market capitalization of $1.56 billion and generates $767.51 million in revenue each year. The financial services provider earns $218.28 million in net income (profit) each year or $1.81 on an earnings per share basis.

The company employs 1,476 workers across the globe.

Hope Bancorp's mailing address is 3200 WILSHIRE BLVD SUITE 1400, LOS ANGELES CA, 90010. The official website for the company is www.bankofhope.com. The financial services provider can be reached via phone at (213) 639-1700, via email at angie.yang@bankofhope.com, or via fax at 213-235-3033.