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

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

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.

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.

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

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.

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.

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.

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.

Some companies that are related to Hope Bancorp include Akbank T.A.S. (AKBTY), BOK Financial (BOKF), Synovus Financial (SNV), Cullen/Frost Bankers (CFR), First Horizon National (FHN), Pinnacle Financial Partners (PNFP), Webster Financial (WBS), CIT Group (CIT), PacWest Bancorp (PACW), Sterling Bancorp (STL), Valley National Bancorp (VLY), F.N.B. (FNB), Community Bank System (CBU), UMB Financial (UMBF) and Centerstate Bank (CSFL).

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).

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.

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.

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.

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.

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

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.

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]