Hope Bancorp Stock Price, News & Analysis (NASDAQ:HOPE) $10.31 +0.51 (+5.20%) (As of 12/1/2023 ET) Add Compare Share Share Today's Range$9.66▼$10.3750-Day Range$8.30▼$10.1552-Week Range$7.42▼$13.81Volume962,573 shsAverage Volume590,306 shsMarket Capitalization$1.24 billionP/E Ratio7.75Dividend Yield5.43%Price Target$10.33 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Hope Bancorp MarketRank™ Stock AnalysisAnalyst RatingHold2.00 Rating ScoreUpside/Downside0.2% Upside$10.33 Price TargetShort InterestHealthy1.41% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-0.41Upright™ Environmental ScoreNews Sentiment0.60Based on 27 Articles This WeekInsider TradingSelling Shares$28,020 Sold Last QuarterProj. Earnings Growth5.13%From $1.17 to $1.23 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.20 out of 5 starsFinance Sector438th out of 864 stocksNational Commercial Banks Industry48th out of 83 stocks 1.0 Analyst's Opinion Consensus RatingHope Bancorp has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $10.33, Hope Bancorp has a forecasted upside of 0.2% from its current price of $10.31.Amount of Analyst CoverageHope Bancorp has only been the subject of 1 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.41% of the float of Hope Bancorp has been sold short.Short Interest Ratio / Days to CoverHope Bancorp has a short interest ratio ("days to cover") of 2.2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Hope Bancorp has recently increased by 11.11%, indicating that investor sentiment is decreasing significantly. Previous Next 3.3 Dividend Strength Dividend LeadershipHope Bancorp is a leading dividend payer. It pays a dividend yield of 5.80%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthHope Bancorp does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Hope Bancorp is 42.11%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Hope Bancorp will have a dividend payout ratio of 45.53% next year. This indicates that Hope Bancorp will be able to sustain or increase its dividend. Previous Next 3.2 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreHope Bancorp has received a 33.53% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Retirement saving services", "Cash withdrawal services", "Mortgages provided by brick and mortar banks", "Mortgage loans for corporations", "Corporate debit cards", and "Home equity loans" products. See details.Environmental SustainabilityThe Environmental Impact score for Hope Bancorp is -0.41. Previous Next 2.0 News and Social Media Coverage News SentimentHope Bancorp has a news sentiment score of 0.60. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Finance companies.News Coverage This WeekMarketBeat has tracked 27 news articles for Hope Bancorp this week, compared to 18 articles on an average week.MarketBeat FollowsOnly 3 people have added Hope Bancorp to their MarketBeat watchlist in the last 30 days. This is a decrease of -94% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Hope Bancorp insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $28,020.00 in company stock.Percentage Held by InsidersOnly 5.05% of the stock of Hope Bancorp is held by insiders.Percentage Held by Institutions83.62% of the stock of Hope Bancorp is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Hope Bancorp are expected to grow by 5.13% in the coming year, from $1.17 to $1.23 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Hope Bancorp is 7.75, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 117.47.Price to Earnings Ratio vs. SectorThe P/E ratio of Hope Bancorp is 7.75, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 43.54.Price to Book Value per Share RatioHope Bancorp has a P/B Ratio of 0.61. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here 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.Read More HOPE Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart HOPE Stock News HeadlinesDecember 1, 2023 | msn.comJury convicts bank robber caught thanks to exploding dye pack, officials sayDecember 1, 2023 | yahoo.comBye, George Santos, Hope the Ferragamo Loafers Were Worth ItDecember 2, 2023 | Wealthpress (Ad)Trading Experts Call It “The Perfect Tesla Trade”Thanks to a new discovery linked to shares of Tesla, regular folks can now target gains of 100% or more in six days or less. New research shows it’s happened 23 different times this year. The next trade is scheduled for this Thursday.December 1, 2023 | news.yahoo.comNew restaurant, bar envisioned for former bank space in Rochester. Take a peek insideDecember 1, 2023 | msn.com911 Gives Hope toy drive kicks off this weekendNovember 30, 2023 | msn.comAmid inflation, following summer wildfire, Kelowna-based food bank step up to fill record needNovember 30, 2023 | nytimes.com‘They Came in the Dark’: Settler Violence Intensifies in the West BankNovember 30, 2023 | benzinga.comAmerican National Bank of Texas Provides $275K to Support Affordable Housing and Community Development Efforts in Southern Dallas CountyDecember 2, 2023 | Wealthpress (Ad)Trading Experts Call It “The Perfect Tesla Trade”Thanks to a new discovery linked to shares of Tesla, regular folks can now target gains of 100% or more in six days or less. New research shows it’s happened 23 different times this year. The next trade is scheduled for this Thursday.November 30, 2023 | msn.comCelebrate at Pizza Palooza, help fill the shelves of Harvest Hope Food BankNovember 29, 2023 | nytimes.comThe Left Is Dooming Any Hope for a Palestinian StateNovember 29, 2023 | msn.comWith fragile cease-fire in place, peacemakers hope Hamas-Israel truce previews war's endgameNovember 29, 2023 | nytimes.comIn the West Bank, Release of Prisoners Deepens Support for HamasNovember 28, 2023 | msn.comNonprofits across New York City hope to inspire generosity on Giving TuesdayNovember 28, 2023 | marketwatch.comBank of Nova Scotia 4Q Profit Falls as Provision for Credit Losses WeighNovember 28, 2023 | bizjournals.comHarriet's Hope apartment project in Franklinton will give human trafficking victims housing, supportive servicesNovember 28, 2023 | msn.com15th annual 911 Gives Hope for the Holidays Toy Drive is this weekendNovember 28, 2023 | msn.comWhere to give back in Houston with donations and volunteering during the holidaysNovember 27, 2023 | msn.comBus carrying newly released Palestinian prisoners arrives in West Bank cityNovember 27, 2023 | markets.businessinsider.comByline Bank Donates $30,000 to Its Local Communities on Giving TuesdayNovember 27, 2023 | msn.comHope for Israel-Hamas cease-fire extension amid joyous reunions for freed hostages, Palestinian prisonersNovember 26, 2023 | msn.comBOK likely to keep policy rate unchanged on slowdown, hope for Fed's rate freeze, easing inflationNovember 26, 2023 | nytimes.comFather Welcomes His Imprisoned Son Back Home in West BankNovember 25, 2023 | msn.comPalestinian prisoner release a ‘window of hope’ for West Bank familiesNovember 25, 2023 | dallasnews.comRedBird bank is more proof of untapped potential in southern DallasNovember 25, 2023 | msn.comStocks notch 4th straight winning week as investors hope for Black Friday cheerNovember 25, 2023 | news.yahoo.comIsrael's Palestinian prisoner release a 'window of hope' in West BankSee More Headlines Receive HOPE Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Hope Bancorp and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings10/23/2023Ex-Dividend for 11/16 Dividend11/01/2023Dividend Payable11/16/2023Today12/02/2023Fiscal Year End12/31/2023Next Earnings (Estimated)1/22/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry National commercial banks Sub-IndustryRegional Banks SectorFinance Current SymbolNASDAQ:HOPE CUSIP07329510 CIK1128361 Webwww.bankofhope.com Phone(213) 639-1700Fax213-235-3033Employees1,549Year FoundedN/APrice Target and Rating Average Stock Price Target$10.33 High Stock Price Target$11.00 Low Stock Price Target$9.00 Potential Upside/Downside+0.2%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$1.33 Trailing P/E Ratio7.75 Forward P/E Ratio8.81 P/E GrowthN/ANet Income$218.28 million Net Margins15.07% Pretax Margin20.32% Return on Equity7.77% Return on Assets0.79% Debt Debt-to-Equity Ratio0.94 Current Ratio1.05 Quick Ratio1.05 Sales & Book Value Annual Sales$767.51 million Price / Sales1.61 Cash Flow$2.08 per share Price / Cash Flow4.96 Book Value$16.91 per share Price / Book0.61Miscellaneous Outstanding Shares120,110,000Free Float114,043,000Market Cap$1.24 billion OptionableOptionable Beta1.20 5G Stocks: The Path Forward is ProfitableClick the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise. Get This Free Report Key ExecutivesMr. Kevin Sung Kim J.D. (Age 65)Chairman, President & CEO Comp: $2.13MMr. Peter J. Koh (Age 46)Senior EVP & COO Comp: $511.89kMs. Kyu S. Kim (Age 62)Senior EVP & Regional President of Eastern Region-Bank of Hope Comp: $541.04kMr. Thomas P. Stenger (Age 63)Senior Executive VP & Chief Risk Officer Comp: $652.17kMs. Julianna Balicka (Age 45)Executive VP & CFO Mr. Daniel H. Kim (Age 55)Executive VP and Chief Strategy & Administrative Officer Ms. Angie YangSenior VP and Director of IR & Corporate CommunicationsMs. Angelee J. Harris (Age 53)Executive VP, General Counsel & Corporate Secretary Mr. Jason K. Kim (Age 56)Senior EVP & President of Western Regional of Bank of Hope Comp: $343.35kMr. Andy ChanExecutive VP & Chief Internal Audit ExecutiveMore ExecutivesKey CompetitorsNational BankNYSE:NBHCWestamerica BancorporationNASDAQ:WABCSandy Spring BancorpNASDAQ:SASRFirst Commonwealth FinancialNYSE:FCFTrustmarkNASDAQ:TRMKView All CompetitorsInsiders & InstitutionsAmerican Century Companies Inc.Bought 123,041 shares on 11/30/2023Ownership: 0.962%Deutsche Bank AGSold 182,951 shares on 11/24/2023Ownership: 0.048%Public Sector Pension Investment BoardSold 64,527 shares on 11/22/2023Ownership: 0.124%Morgan StanleyBought 355,991 shares on 11/16/2023Ownership: 1.785%Tudor Investment Corp Et AlBought 89,854 shares on 11/16/2023Ownership: 0.107%View All Insider TransactionsView All Institutional Transactions 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 brokers have issued 1-year target prices for Hope Bancorp's stock. Their HOPE share price targets range from $9.00 to $11.00. On average, they predict the company's stock price to reach $10.33 in the next twelve months. This suggests a possible upside of 0.2% 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 2023? Hope Bancorp's stock was trading at $12.81 on January 1st, 2023. Since then, HOPE shares have decreased by 19.5% and is now trading at $10.31. View the best growth stocks for 2023 here. Are investors shorting Hope Bancorp? Hope Bancorp saw a increase in short interest during the month of November. As of November 15th, there was short interest totaling 1,600,000 shares, an increase of 11.1% from the October 31st total of 1,440,000 shares. Based on an average trading volume of 718,300 shares, the short-interest ratio is presently 2.2 days. Currently, 1.4% of the shares of the company are short sold. 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, January 22nd 2024. View our HOPE earnings forecast. How were Hope Bancorp's earnings last quarter? Hope Bancorp, Inc. (NASDAQ:HOPE) issued its quarterly earnings data on Monday, October, 23rd. The financial services provider reported $0.25 earnings per share for the quarter, beating the consensus estimate of $0.24 by $0.01. The financial services provider earned $143.70 million during the quarter, compared to analysts' expectations of $138.18 million. Hope Bancorp had a net margin of 15.07% and a trailing twelve-month return on equity of 7.77%. The firm's revenue for the quarter was down 13.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.45 earnings per share. How often does Hope Bancorp pay dividends? What is the dividend yield for Hope Bancorp? Hope Bancorp announced a quarterly dividend on Monday, October 23rd. Shareholders of record on Thursday, November 2nd will be given a dividend of $0.14 per share on Thursday, November 16th. This represents a $0.56 dividend on an annualized basis and a yield of 5.43%. The ex-dividend date is Wednesday, November 1st. 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 5.80%. HOPE has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 42.11%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HOPE will have a dividend payout ratio of 45.53% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for HOPE. What ETFs hold Hope Bancorp's stock? ETFs with the largest weight of Hope Bancorp (NASDAQ:HOPE) stock in their portfolio include VictoryShares US Small Cap High Div Volatility Wtd ETF (CSB), Invesco S&P SmallCap Low Volatility ETF (XSLV), Invesco KBW Regional Banking ETF (KBWR), First Trust Small Cap Value AlphaDEX Fund (FYT), WBI Power Factor High Dividend ETF (WBIY), Royce Quant Small-Cap Quality Value ETF (SQLV) and First Trust Small Cap Core AlphaDEX Fund (FYX).Inspire Small/Mid Cap ETF (ISMD). What other stocks do shareholders of Hope Bancorp own? 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). Who are Hope Bancorp's major shareholders? Hope Bancorp's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Fuller & Thaler Asset Management Inc. (7.30%), LSV Asset Management (2.29%), Morgan Stanley (1.79%), Charles Schwab Investment Management Inc. (1.44%), Bank of New York Mellon Corp (1.41%) and Northern Trust Corp (1.07%). 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. This page (NASDAQ:HOPE) was last updated on 12/2/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Hope Bancorp, Inc. 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