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

$13.83
+0.23 (+1.69 %)
(As of 08/19/2019 03:18 PM ET)
Today's Range
$13.72
Now: $13.83
$13.86
50-Day Range
$13.26
MA: $14.04
$14.81
52-Week Range
$11.37
Now: $13.83
$17.92
Volume10,612 shs
Average Volume543,831 shs
Market Capitalization$1.75 billion
P/E Ratio9.61
Dividend Yield4.24%
Beta1.47
Hope Bancorp, Inc operates as the bank holding company for Bank of Hope that provides banking services to small and medium-sized businesses and individuals in the United States. The company offers personal and business checking, money market, savings, time deposit, and individual retirement accounts. It also provides commercial loans to businesses for various purposes, such as working capital, purchasing inventory, debt refinancing, business acquisitions, and other business related financing needs; commercial real estate loans; small business administration (SBA) loans; and consumer loans, such as auto, home equity, single-family mortgage, and signature loans. Read More…

Industry, Sector and Symbol

Industry National commercial banks
Sub-IndustryRegional Banks
SectorFinance
Current SymbolNASDAQ:HOPE
CUSIP07329510
Phone213-639-1700

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$710.35 million
Cash Flow$1.5265 per share
Book Value$15.75 per share

Profitability

Net Income$189.59 million

Miscellaneous

Employees1,494
Market Cap$1.75 billion
Next Earnings Date10/15/2019 (Estimated)
OptionableOptionable

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Hope Bancorp (NASDAQ:HOPE) Frequently Asked Questions

What is Hope Bancorp's stock symbol?

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

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

Hope Bancorp announced a quarterly dividend on Tuesday, July 16th. Shareholders of record on Friday, July 26th will be paid a dividend of $0.14 per share on Friday, August 9th. This represents a $0.56 annualized dividend and a yield of 4.05%. The ex-dividend date is Thursday, July 25th. View Hope Bancorp's Dividend History.

How were Hope Bancorp's earnings last quarter?

Hope Bancorp Inc (NASDAQ:HOPE) posted its quarterly earnings results on Tuesday, July, 16th. The financial services provider reported $0.34 EPS for the quarter, missing the consensus estimate of $0.35 by $0.01. The financial services provider had revenue of $129.51 million for the quarter, compared to the consensus estimate of $133.30 million. Hope Bancorp had a return on equity of 9.12% and a net margin of 23.98%. During the same quarter last year, the firm posted $0.36 EPS. View Hope Bancorp's Earnings History.

When is Hope Bancorp's next earnings date?

Hope Bancorp is scheduled to release their next quarterly earnings announcement on Tuesday, October 15th 2019. View Earnings Estimates for Hope Bancorp.

What price target have analysts set for HOPE?

2 brokers have issued 12 month price objectives for Hope Bancorp's shares. Their forecasts range from $16.00 to $16.00. On average, they expect Hope Bancorp's stock price to reach $16.00 in the next twelve months. This suggests a possible upside of 15.7% from the stock's current price. View Analyst Price Targets for Hope Bancorp.

What is the consensus analysts' recommendation for Hope Bancorp?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Hope Bancorp in the last year. There are currently 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Hope Bancorp.

Has Hope Bancorp been receiving favorable news coverage?

News articles about HOPE stock have been trending negative recently, InfoTrie Sentiment reports. The research firm identifies negative and positive press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Hope Bancorp earned a coverage optimism score of -2.3 on InfoTrie's scale. They also assigned press 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 impact on the company's share price in the near term. View News Stories for Hope Bancorp.

Are investors shorting Hope Bancorp?

Hope Bancorp saw a decline in short interest during the month of July. As of July 31st, there was short interest totalling 3,717,800 shares, a decline of 6.4% from the June 30th total of 3,972,200 shares. Based on an average trading volume of 519,500 shares, the short-interest ratio is currently 7.2 days. Approximately 3.1% of the company's shares are short sold. View Hope Bancorp's Current Options Chain.

Who are some of Hope Bancorp's key 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 Est. Finance (ARI), Transocean (RIG) and ALJ Regional (ALJJ).

Who are Hope Bancorp's key executives?

Hope Bancorp's management team includes the folowing people:
  • Mr. Kevin Sung Kim J.D., Pres, CEO & Director (Age 61)
  • Mr. Alex Ko, Exec. VP & CFO (Age 52)
  • Ms. Kyu S. Kim, Sr. EVP & Regional Pres of Eastern Region-Bank of Hope (Age 58)
  • Mr. Johann Minkyun You, Exec. VP & Chief Risk Officer (Age 54)
  • Mr. Hung Q. Van, Exec. VP & Chief Information Officer of Bank of Hope (Age 42)

Who are Hope Bancorp's major shareholders?

Hope Bancorp's stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (14.44%), Vanguard Group Inc. (10.42%), Price T Rowe Associates Inc. MD (5.38%), LSV Asset Management (3.51%), Northern Trust Corp (2.42%) and Pzena Investment Management LLC (2.26%). Company insiders that own Hope Bancorp stock include Alex Ko, David Lee Song, David P Malone, Donald Byun, Jason K Kim, Peter Koh and Steven Koh. View Institutional Ownership Trends for Hope Bancorp.

Which major investors are selling Hope Bancorp stock?

HOPE stock was sold by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN, Balyasny Asset Management LLC, APG Asset Management N.V., Maltese Capital Management LLC, Vanguard Group Inc., Kempen Capital Management N.V., Renaissance Technologies LLC and United Services Automobile Association. Company insiders that have sold Hope Bancorp company stock in the last year include Alex Ko, David Lee Song, Donald Byun, Jason K Kim, Peter Koh and Steven Koh. View Insider Buying and Selling for Hope Bancorp.

Which major investors are buying Hope Bancorp stock?

HOPE stock was acquired by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, LSV Asset Management, Man Group plc, BlackRock Inc., Parametric Portfolio Associates LLC, First Trust Advisors LP, Smith Graham & Co. Investment Advisors LP and Susquehanna International Group LLP. View Insider Buying and Selling for Hope Bancorp.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Hope Bancorp's stock price today?

One share of HOPE stock can currently be purchased for approximately $13.83.

How big of a company is Hope Bancorp?

Hope Bancorp has a market capitalization of $1.75 billion and generates $710.35 million in revenue each year. The financial services provider earns $189.59 million in net income (profit) each year or $1.44 on an earnings per share basis. Hope Bancorp employs 1,494 workers across the globe.View Additional Information About Hope Bancorp.

What is Hope Bancorp's official website?

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

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 or via email at [email protected]


MarketBeat Community Rating for Hope Bancorp (NASDAQ HOPE)

Community Ranking:  1.9 out of 5 (star)
Outperform Votes:  213 (Vote Outperform)
Underperform Votes:  345 (Vote Underperform)
Total Votes:  558
MarketBeat's community ratings are surveys of what our community members think about Hope Bancorp and other stocks. Vote "Outperform" if you believe HOPE will outperform the S&P 500 over the long term. Vote "Underperform" if you believe HOPE will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 8/19/2019 by MarketBeat.com Staff

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