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S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
Stock ideas from the 2024 Microcap Conference
New Bitcoin Projection: $165,000 in the Next 18 Months (Ad)
Sprouts, Block rise; Booking Holdings, Insulet fall, Friday, 2/23/2024
How major US stock indexes fared Friday, 2/23/2024
Will Crypto Make People Rich Again Starting April, 2024? (Ad)
In his annual letter, Warren Buffett tells investors to ignore Wall Street pundits
MarketBeat Week in Review – 2/19 - 2/23
Wall Street Pushing a 'Crypto Revolution' - Will You Miss Out… AGAIN? (Ad)
Closing prices for crude oil, gold and other commodities
Mark Zuckerberg Is Sitting on a Huge Stockpile of AI Chips as Companies Compete for Limited Supplies
S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
Stock ideas from the 2024 Microcap Conference
New Bitcoin Projection: $165,000 in the Next 18 Months (Ad)
Sprouts, Block rise; Booking Holdings, Insulet fall, Friday, 2/23/2024
How major US stock indexes fared Friday, 2/23/2024
Will Crypto Make People Rich Again Starting April, 2024? (Ad)
In his annual letter, Warren Buffett tells investors to ignore Wall Street pundits
MarketBeat Week in Review – 2/19 - 2/23
Wall Street Pushing a 'Crypto Revolution' - Will You Miss Out… AGAIN? (Ad)
Closing prices for crude oil, gold and other commodities
Mark Zuckerberg Is Sitting on a Huge Stockpile of AI Chips as Companies Compete for Limited Supplies
S&P 500   5,088.80
DOW   39,131.53
QQQ   436.78
Stock ideas from the 2024 Microcap Conference
New Bitcoin Projection: $165,000 in the Next 18 Months (Ad)
Sprouts, Block rise; Booking Holdings, Insulet fall, Friday, 2/23/2024
How major US stock indexes fared Friday, 2/23/2024
Will Crypto Make People Rich Again Starting April, 2024? (Ad)
In his annual letter, Warren Buffett tells investors to ignore Wall Street pundits
MarketBeat Week in Review – 2/19 - 2/23
Wall Street Pushing a 'Crypto Revolution' - Will You Miss Out… AGAIN? (Ad)
Closing prices for crude oil, gold and other commodities
Mark Zuckerberg Is Sitting on a Huge Stockpile of AI Chips as Companies Compete for Limited Supplies
NASDAQ:HOPE

Hope Bancorp (HOPE) Stock Price, News & Analysis

$10.90
-0.07 (-0.64%)
(As of 02/23/2024 ET)
Today's Range
$10.89
$11.10
50-Day Range
$10.61
$12.41
52-Week Range
$7.42
$13.12
Volume
450,727 shs
Average Volume
857,355 shs
Market Capitalization
$1.31 billion
P/E Ratio
9.73
Dividend Yield
5.14%
Price Target
$11.33

Hope Bancorp MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
4.0% Upside
$11.33 Price Target
Short Interest
Healthy
1.04% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.41
Upright™ Environmental Score
News Sentiment
0.41mentions of Hope Bancorp in the last 14 days
Based on 18 Articles This Week
Insider Trading
Selling Shares
$18,285 Sold Last Quarter
Proj. Earnings Growth
22.02%
From $1.09 to $1.33 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.65 out of 5 stars

Finance Sector

124th out of 860 stocks

National Commercial Banks Industry

19th out of 84 stocks


HOPE stock logo

About Hope Bancorp Stock (NASDAQ:HOPE)

Hope Bancorp, Inc. operates as the bank holding company for Bank of Hope that provides banking services for small and medium-sized businesses, and individuals in the United States. It accepts personal and business checking, money market, savings, time deposit, and individual retirement accounts. Its loan products include commercial loans to businesses for various purposes, such as working capital, purchasing inventory, debt refinancing, business acquisitions, and other business-related financing needs; real estate loans; small business administration loans; and consumer loans, such as single-family mortgage, home equity, auto, credit card, and personal loans. The company also offers warehouse lines of credit to mortgage loan originators; and commercial equipment lease financing. In addition, it provides cash management services, such as remote deposit capture, lock box, and ACH origination services; investment and wealth management services; mobile banking services; debit card services; foreign exchanges services, safe deposit boxes, and other customary bank services; internet banking services; and automated teller machine services. The company was founded in 1986 and is headquartered in Los Angeles, California.

HOPE Stock Price History

HOPE Stock News Headlines

66,000% upside on tiny biotech?
The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.
66,000% upside on tiny biotech?
The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.
Cisco Disappoints But There Is Hope: Here's the Trade
NY Community Bancorp Stock Tumbles 22%
See More Headlines
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Company Calendar

Last Earnings
1/30/2024
Ex-Dividend for 2/23 Dividend
2/08/2024
Dividend Payable
2/23/2024
Today
2/24/2024
Next Earnings (Estimated)
4/22/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
National commercial banks
Sub-Industry
Regional Banks
Current Symbol
NASDAQ:HOPE
CUSIP
07329510
Employees
1,549
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$11.33
High Stock Price Target
$12.00
Low Stock Price Target
$11.00
Potential Upside/Downside
+4.0%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
3 Analysts

Profitability

Net Income
$133.67 million
Pretax Margin
16.25%

Debt

Sales & Book Value

Annual Sales
$1.09 billion
Cash Flow
$1.98 per share
Book Value
$17.66 per share

Miscellaneous

Free Float
114,043,000
Market Cap
$1.31 billion
Optionable
Optionable
Beta
1.14
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Key Executives

  • Mr. Kevin Sung Kim J.D. (Age 66)
    Chairman, President & CEO
    Comp: $2.13M
  • Mr. Peter J. Koh (Age 47)
    Senior EVP & COO
    Comp: $511.89k
  • Ms. Kyu S. Kim (Age 63)
    Senior EVP & Regional President of Eastern Region-Bank of Hope
    Comp: $541.04k
  • Mr. Thomas P. StengerMr. Thomas P. Stenger (Age 65)
    Senior Executive VP & Chief Risk Officer
    Comp: $652.17k
  • Ms. Julianna Balicka (Age 46)
    Executive VP & CFO
  • Mr. Daniel H. Kim (Age 56)
    Executive VP and Chief Strategy & Administrative Officer
  • Ms. Angie Yang
    Senior VP and Director of IR & Corporate Communications
  • Ms. Angelee J. Harris (Age 54)
    Executive VP, General Counsel & Corporate Secretary
  • Mr. Jason K. Kim (Age 57)
    Senior EVP & President of Western Regional of Bank of Hope
    Comp: $343.35k
  • Mr. Andy Chan
    Executive VP & Chief Internal Audit Executive














HOPE Stock Analysis - Frequently Asked Questions

Should I buy or sell Hope Bancorp stock right now?

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Hope Bancorp in the last year. There are currently 3 hold ratings for the stock. The consensus among Wall Street 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.

What is Hope Bancorp's stock price target for 2024?

3 Wall Street analysts have issued 12-month price objectives for Hope Bancorp's shares. Their HOPE share price targets range from $11.00 to $12.00. On average, they predict the company's stock price to reach $11.33 in the next twelve months. This suggests a possible upside of 4.0% from the stock's current price.
View analysts price targets for HOPE
or view top-rated stocks among Wall Street analysts.

How have HOPE shares performed in 2024?

Hope Bancorp's stock was trading at $12.08 at the beginning of the year. Since then, HOPE stock has decreased by 9.8% and is now trading at $10.90.
View the best growth stocks for 2024 here
.

Are investors shorting Hope Bancorp?

Hope Bancorp saw a decrease in short interest in the month of January. As of January 31st, there was short interest totaling 1,180,000 shares, a decrease of 23.4% from the January 15th total of 1,540,000 shares. Based on an average trading volume of 756,100 shares, the short-interest ratio is presently 1.6 days. Approximately 1.0% of the company's shares are sold short.
View Hope Bancorp's Short Interest
.

When is Hope Bancorp's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, April 22nd 2024.
View our HOPE earnings forecast
.

How were Hope Bancorp's earnings last quarter?

Hope Bancorp, Inc. (NASDAQ:HOPE) announced its quarterly earnings data on Tuesday, January, 30th. The financial services provider reported $0.22 EPS for the quarter, missing analysts' consensus estimates of $0.25 by $0.03. The financial services provider earned $135.20 million during the quarter, compared to analysts' expectations of $138.47 million. Hope Bancorp had a trailing twelve-month return on equity of 7.03% and a net margin of 12.19%. During the same period in the previous year, the company posted $0.43 EPS.

How often does Hope Bancorp pay dividends? What is the dividend yield for Hope Bancorp?

Hope Bancorp announced a quarterly dividend on Tuesday, January 30th. Investors of record on Friday, February 9th will be given a dividend of $0.14 per share on Friday, February 23rd. This represents a $0.56 annualized dividend and a dividend yield of 5.14%. The ex-dividend date of this dividend is Thursday, February 8th.
Read our dividend analysis for HOPE
.

Is Hope Bancorp a good dividend stock?

Hope Bancorp (NASDAQ:HOPE) pays an annual dividend of $0.56 per share and currently has a dividend yield of 5.10%. HOPE has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 50.00%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HOPE will have a dividend payout ratio of 42.11% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for HOPE.

What other stocks do shareholders of Hope Bancorp own?
Who are Hope Bancorp's major shareholders?

Hope Bancorp's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (11.43%), Dimensional Fund Advisors LP (5.64%), LSV Asset Management (2.16%), Charles Schwab Investment Management Inc. (1.54%), Northern Trust Corp (1.11%) and Boston Partners (0.98%). Insiders that own company stock include Dale S Zuehls, Thomas Stenger and William J Lewis.
View institutional ownership trends
.

How do I buy shares of Hope Bancorp?

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

This page (NASDAQ:HOPE) was last updated on 2/24/2024 by MarketBeat.com Staff