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S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
15 best consumer discretionary stocks for the rest of 2023
New CBOE “special perk” helps traders target income every weekend (Ad)
Energy traders: A rebound is coming
Kroger shares are begging to be bought 
New CBOE “special perk” helps traders target income every weekend (Ad)
Behind the tech boom: Big price leaders selectively laying off
NetApp stock is about to hit 20-year highs
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Ambarella: robust double-digit upside comes into focus
These biotechs targeting multiple neurodegenerative diseases
S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
15 best consumer discretionary stocks for the rest of 2023
New CBOE “special perk” helps traders target income every weekend (Ad)
Energy traders: A rebound is coming
Kroger shares are begging to be bought 
New CBOE “special perk” helps traders target income every weekend (Ad)
Behind the tech boom: Big price leaders selectively laying off
NetApp stock is about to hit 20-year highs
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Ambarella: robust double-digit upside comes into focus
These biotechs targeting multiple neurodegenerative diseases
S&P 500   4,594.63
DOW   36,245.50
QQQ   389.94
15 best consumer discretionary stocks for the rest of 2023
New CBOE “special perk” helps traders target income every weekend (Ad)
Energy traders: A rebound is coming
Kroger shares are begging to be bought 
New CBOE “special perk” helps traders target income every weekend (Ad)
Behind the tech boom: Big price leaders selectively laying off
NetApp stock is about to hit 20-year highs
Trading Experts Call It “The Perfect Tesla Trade” (Ad)
Ambarella: robust double-digit upside comes into focus
These biotechs targeting multiple neurodegenerative diseases

Hope Bancorp Stock Price, News & Analysis (NASDAQ:HOPE)

$10.31
+0.51 (+5.20%)
(As of 12/1/2023 ET)
Compare
Today's Range
$9.66
$10.37
50-Day Range
$8.30
$10.15
52-Week Range
$7.42
$13.81
Volume
962,573 shs
Average Volume
590,306 shs
Market Capitalization
$1.24 billion
P/E Ratio
7.75
Dividend Yield
5.43%
Price Target
$10.33

Hope Bancorp MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
0.2% Upside
$10.33 Price Target
Short Interest
Healthy
1.41% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.41
Upright™ Environmental Score
News Sentiment
0.60mentions of Hope Bancorp in the last 14 days
Based on 27 Articles This Week
Insider Trading
Selling Shares
$28,020 Sold Last Quarter
Proj. Earnings Growth
5.13%
From $1.17 to $1.23 Per Share

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 stars

Finance Sector

438th out of 864 stocks

National Commercial Banks Industry

48th out of 83 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

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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.
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.
Byline Bank Donates $30,000 to Its Local Communities on Giving Tuesday
See More Headlines
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Company Calendar

Last Earnings
10/23/2023
Ex-Dividend for 11/16 Dividend
11/01/2023
Dividend Payable
11/16/2023
Today
12/02/2023
Fiscal Year End
12/31/2023
Next Earnings (Estimated)
1/22/2024

Industry, Sector and Symbol

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

Price 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 Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
3 Analysts

Profitability

Net Income
$218.28 million
Pretax Margin
20.32%

Debt

Sales & Book Value

Annual Sales
$767.51 million
Cash Flow
$2.08 per share
Book Value
$16.91 per share

Miscellaneous

Free Float
114,043,000
Market Cap
$1.24 billion
Optionable
Optionable
Beta
1.20
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Key Executives

  • Mr. Kevin Sung Kim J.D. (Age 65)
    Chairman, President & CEO
    Comp: $2.13M
  • Mr. Peter J. Koh (Age 46)
    Senior EVP & COO
    Comp: $511.89k
  • Ms. Kyu S. Kim (Age 62)
    Senior EVP & Regional President of Eastern Region-Bank of Hope
    Comp: $541.04k
  • Mr. Thomas P. StengerMr. Thomas P. Stenger (Age 63)
    Senior Executive VP & Chief Risk Officer
    Comp: $652.17k
  • Ms. Julianna Balicka (Age 45)
    Executive VP & CFO
  • Mr. Daniel H. Kim (Age 55)
    Executive VP and Chief Strategy & Administrative Officer
  • Ms. Angie Yang
    Senior VP and Director of IR & Corporate Communications
  • Ms. 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: $343.35k
  • 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 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 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

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