NASDAQ:HOPE - Hope Bancorp Stock Price, Forecast & News

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

Hope Bancorp declared a quarterly dividend on Wednesday, January 22nd. Investors of record on Friday, February 7th will be given a dividend of $0.14 per share on Friday, February 21st. This represents a $0.56 annualized dividend and a dividend yield of 3.96%. The ex-dividend date is Thursday, February 6th. View Hope Bancorp's Dividend History.

Hope Bancorp Inc (NASDAQ:HOPE) released its quarterly earnings results on Wednesday, January, 22nd. The financial services provider reported $0.34 earnings per share for the quarter, beating the consensus estimate of $0.32 by $0.02. The financial services provider had revenue of $126.49 million for the quarter, compared to analysts' expectations of $127.50 million. Hope Bancorp had a net margin of 23.29% and a return on equity of 8.59%. Hope Bancorp's revenue for the quarter was down 5.3% compared to the same quarter last year. During the same period last year, the firm earned $0.35 EPS. View Hope Bancorp's Earnings History.

Hope Bancorp is scheduled to release their next quarterly earnings announcement on Tuesday, April 21st 2020. View Earnings Estimates for Hope Bancorp.

News stories about HOPE stock have trended very negative recently, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Hope Bancorp earned a daily sentiment score of -3.8 on InfoTrie's scale. They also gave news coverage about the financial services provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near term. View News Stories for Hope Bancorp.

Hope Bancorp saw a increase in short interest in January. As of January 15th, there was short interest totalling 3,510,000 shares, an increase of 9.3% from the December 31st total of 3,210,000 shares. Based on an average trading volume of 580,200 shares, the short-interest ratio is presently 6.0 days. Currently, 2.9% of the shares of the company are short sold. View Hope Bancorp's Current Options Chain.

Some companies that are related to Hope Bancorp include PNC Financial Services Group (PNC), Truist Financial (TFC), SunTrust Banks (STI), M&T Bank (MTB), Fifth Third Bancorp (FITB), First Republic Bank (FRC), KeyCorp (KEY), Regions Financial (RF), Huntington Bancshares (HBAN), SVB Financial Group (SIVB), Zions Bancorporation NA (ZION), Commerce Bancshares (CBSH), Signature Bank (SBNY), East West Bancorp (EWBC) and TCF Financial (TCF).

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), NIC (EGOV), Athabasca Oil (ATH), Aegean Marine Petroleum Network (ANW), Apollo Commercial Real Est. Finance (ARI), Transocean (RIG) and Express (EXPR).

Hope Bancorp's stock is owned by a variety of of retail and institutional investors. Top institutional investors include State Street Corp (3.80%), LSV Asset Management (3.53%), Pzena Investment Management LLC (2.70%), Principal Financial Group Inc. (2.36%), Geode Capital Management LLC (1.39%) and Charles Schwab Investment Management Inc. (0.81%). Company insiders that own Hope Bancorp stock include Alex Ko, Chung Hyun Lee, David Lee Song, David P Malone, Donald Byun, Jason K Kim, Peter Koh and Steven Koh. View Institutional Ownership Trends for Hope Bancorp.

HOPE stock was sold by a variety of institutional investors in the last quarter, including Principal Financial Group Inc., Raymond James & Associates, Man Group plc, Acadian Asset Management LLC, Arizona State Retirement System, Citigroup Inc., California Public Employees Retirement System and Public Sector Pension Investment Board. Company insiders that have sold Hope Bancorp company stock in the last year include Alex Ko, Chung Hyun Lee, Jason K Kim and Steven Koh. View Insider Buying and Selling for Hope Bancorp.

HOPE stock was purchased by a variety of institutional investors in the last quarter, including Pzena Investment Management LLC, Goldman Sachs Group Inc., State Street Corp, Great West Life Assurance Co. Can, Geode Capital Management LLC, Assenagon Asset Management S.A., Credit Suisse AG and Cubist Systematic Strategies LLC. View Insider Buying and Selling for 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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of HOPE stock can currently be purchased for approximately $14.14.

Hope Bancorp has a market capitalization of $1.79 billion and generates $734.47 million in revenue each year. The financial services provider earns $171.04 million in net income (profit) each year or $1.35 on an earnings per share basis. Hope Bancorp employs 1,494 workers across the globe.View Additional Information About Hope Bancorp.

The official website for Hope Bancorp is http://www.bankofhope.com/.

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 or via email at [email protected]