Hope Bancorp (HOPE) Stock Price, News & Analysis

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Hope Bancorp in the last twelve months. There are currently 3 hold ratings 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.

3 Wall Street research 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 expect the company's stock price to reach $11.33 in the next year. This suggests a possible upside of 8.8% 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 $12.08 at the beginning of the year. Since then, HOPE stock has decreased by 13.7% and is now trading at $10.42.
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Hope Bancorp saw a drop in short interest during the month of March. As of March 31st, there was short interest totaling 1,800,000 shares, a drop of 18.6% from the March 15th total of 2,210,000 shares. Based on an average daily volume of 664,600 shares, the short-interest ratio is currently 2.7 days. Currently, 1.6% of the company's stock are short sold.
View Hope Bancorp's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Monday, April 29th 2024.
View our HOPE earnings forecast.

Hope Bancorp will be holding an earnings conference call on Monday, April 29th 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 "4889007".

Hope Bancorp, Inc. (NASDAQ:HOPE) posted its earnings results on Tuesday, January, 30th. The financial services provider reported $0.22 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.25 by $0.03. The financial services provider earned $135.20 million during the quarter, compared to the consensus estimate 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 quarter in the prior year, the company posted $0.43 earnings per share.

Hope Bancorp announced a quarterly dividend on Tuesday, January 30th. Shareholders of record on Friday, February 9th will be paid a dividend of $0.14 per share on Friday, February 23rd. This represents a $0.56 dividend on an annualized basis and a yield of 5.37%. The ex-dividend date is Thursday, February 8th.
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 5.43%. 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.

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 KBW Regional Banking ETF (KBWR), First Trust NASDAQ ABA Community Bank Index Fund (QABA), Hartford Multifactor Small Cap ETF (ROSC), First Trust Small Cap Value AlphaDEX Fund (FYT) and WBI Power Factor High Dividend ETF (WBIY).First Trust Small Cap Core AlphaDEX Fund (FYX).

Based on aggregate information from My MarketBeat watchlists, some companies that other Hope Bancorp investors own include Xtrackers California Municipal Bond ETF (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's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Bridge City Capital LLC (0.14%), Hennion & Walsh Asset Management Inc. (0.03%) and CWM LLC (0.01%). Insiders that own company stock include Dale S Zuehls, 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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