Hope Bancorp Stock Forecast, Price & News

Hope Bancorp (NASDAQ:HOPE) Frequently Asked Questions

Is Hope Bancorp a buy right now?

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 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Hope Bancorp stock.
View analyst ratings for Hope Bancorp or view top-rated stocks.

How has Hope Bancorp's stock price been impacted by Coronavirus (COVID-19)?

Hope Bancorp's stock was trading at $9.75 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, HOPE stock has increased by 72.0% and is now trading at $16.77.
View which stocks have been most impacted by COVID-19.

Are investors shorting Hope Bancorp?

Hope Bancorp saw a drop in short interest in the month of December. As of December 31st, there was short interest totaling 2,160,000 shares, a drop of 20.3% from the December 15th total of 2,710,000 shares. Based on an average daily volume of 647,000 shares, the short-interest ratio is currently 3.3 days. Approximately 1.9% of the company's stock are sold short.
View Hope Bancorp's Short Interest.

When is Hope Bancorp's next earnings date?

Hope Bancorp is scheduled to release its next quarterly earnings announcement on Monday, January 24th 2022.
View our earnings forecast for Hope Bancorp.

How can I listen to Hope Bancorp's earnings call?

Hope Bancorp will be holding an earnings conference call on Tuesday, January 25th at 12:30 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-0088 with passcode "7703555".

How were Hope Bancorp's earnings last quarter?

Hope Bancorp, Inc. (NASDAQ:HOPE) posted its quarterly earnings data on Sunday, October, 24th. The financial services provider reported $0.45 earnings per share for the quarter, beating the consensus estimate of $0.42 by $0.03. The financial services provider earned $140.91 million during the quarter, compared to analyst estimates of $136.92 million. Hope Bancorp had a net margin of 29.96% and a trailing twelve-month return on equity of 8.77%. During the same quarter last year, the business earned $0.25 EPS.
View Hope Bancorp's earnings history.

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

Hope Bancorp announced a quarterly dividend on Monday, October 25th. Shareholders of record on Thursday, November 4th will be paid a dividend of $0.14 per share on Thursday, November 18th. This represents a $0.56 dividend on an annualized basis and a yield of 3.34%. The ex-dividend date of this dividend is Wednesday, November 3rd.
View Hope Bancorp's dividend history.

Is Hope Bancorp a good dividend stock?

Hope Bancorp pays an annual dividend of $0.56 per share and currently has a dividend yield of 3.34%. The dividend payout ratio of Hope Bancorp is 38.36%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Hope Bancorp will have a dividend payout ratio of 36.13% next year. This indicates that Hope Bancorp will be able to sustain or increase its dividend.
View Hope Bancorp's dividend history.

What price target have analysts set for HOPE?

1 brokers have issued 12 month target prices for Hope Bancorp's stock. Their forecasts range from $18.00 to $18.00. On average, they anticipate Hope Bancorp's stock price to reach $18.00 in the next twelve months. This suggests a possible upside of 7.3% from the stock's current price.
View analysts' price targets for Hope Bancorp or view top-rated stocks among Wall Street analysts.

Who are Hope Bancorp's key executives?

Hope Bancorp's management team includes the following people:

• Kevin Sung Kim, Chairman, President & Chief Executive Officer
• David P. Malone, Chief Operating Officer, Director & Senior VP
• Alex Ko, Chief Financial Officer & Executive Vice President
• Kyu S. Kim, SEVP & Regional President-Eastern Region
• Peter Koh, Chief Credit Officer & Executive Vice President

Who are some of Hope Bancorp's key competitors?

Some companies that are related to Hope Bancorp include The PNC Financial Services Group (PNC), Truist Financial (TFC), SVB Financial Group (SIVB), Fifth Third Bancorp (FITB), First Republic Bank (FRC), Huntington Bancshares (HBAN), KeyCorp (KEY), Regions Financial (RF), M&T Bank (MTB), Signature Bank (SBNY), East West Bancorp (EWBC), Western Alliance Bancorporation (WAL), Zions Bancorporation, National Association (ZION), First Horizon (FHN) and Cullen/Frost Bankers (CFR).
View all of HOPE's competitors.

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).

What is Hope Bancorp's stock symbol?

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

Who are Hope Bancorp's major shareholders?

Hope Bancorp's stock is owned by a number of institutional and retail investors. Top institutional investors include State of Alaska Department of Revenue (0.07%), Louisiana State Employees Retirement System (0.05%), Exchange Traded Concepts LLC (0.03%) and Crossmark Global Holdings Inc. (0.03%). Company insiders that own Hope Bancorp stock include Steven Koh, Thomas Stenger and William J Lewis.
View institutional ownership trends for Hope Bancorp.

Which institutional investors are selling Hope Bancorp stock?

HOPE stock was sold by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue, and Louisiana State Employees Retirement System.
View insider buying and selling activity for Hope Bancorp or view top insider-selling stocks.

Which institutional investors are buying Hope Bancorp stock?

HOPE stock was purchased by a variety of institutional investors in the last quarter, including Crossmark Global Holdings Inc., and Exchange Traded Concepts LLC.
View insider buying and selling activity for Hope Bancorp or or view top insider-buying stocks.

How do I buy shares of Hope Bancorp?

Shares of HOPE 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.

What is Hope Bancorp's stock price today?

One share of HOPE stock can currently be purchased for approximately $16.77.

How much money does Hope Bancorp make?

Hope Bancorp has a market capitalization of $2.02 billion and generates $652.31 million in revenue each year. The financial services provider earns $111.51 million in net income (profit) each year or $1.46 on an earnings per share basis.

How many employees does Hope Bancorp have?

Hope Bancorp employs 1,408 workers across the globe.

What is Hope Bancorp's official website?

The official website for Hope Bancorp is www.bankofhope.com.

Where are Hope Bancorp's headquarters?

Hope Bancorp is headquartered at 3200 WILSHIRE BLVD SUITE 1400, LOS ANGELES CA, 90010.

How can I contact Hope Bancorp?

Hope Bancorp's mailing address is 3200 WILSHIRE BLVD SUITE 1400, LOS ANGELES CA, 90010. The financial services provider can be reached via phone at (213) 639-1700, via email at [email protected], or via fax at 213-235-3033.