NASDAQ:HOPE Hope Bancorp (HOPE) Stock Forecast, Price & News $8.77 +0.65 (+8.00%) (As of 06/2/2023 ET) Add Compare Share Share Today's Range$8.26▼$8.8050-Day Range$7.54▼$10.2552-Week Range$7.42▼$15.73Volume1.14 million shsAverage Volume1.01 million shsMarket Capitalization$1.05 billionP/E Ratio5.35Dividend Yield6.39%Price Target$14.25 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Hope Bancorp MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside62.5% Upside$14.25 Price TargetShort InterestHealthy3.21% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-0.41Upright™ Environmental ScoreNews Sentiment0.82Based on 11 Articles This WeekInsider TradingAcquiring Shares$206,332 Bought Last QuarterProj. Earnings Growth6.25%From $1.28 to $1.36 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.96 out of 5 starsFinance Sector127th out of 873 stocksNational Commercial Banks Industry21st out of 84 stocks 3.0 Analyst's Opinion Consensus RatingHope Bancorp has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $14.25, Hope Bancorp has a forecasted upside of 62.5% from its current price of $8.77.Amount of Analyst CoverageHope Bancorp has only been the subject of 1 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted3.21% of the float of Hope Bancorp has been sold short.Short Interest Ratio / Days to CoverHope Bancorp has a short interest ratio ("days to cover") of 2.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous month Previous Next 3.3 Dividend Strength Dividend LeadershipHope Bancorp is a leading dividend payer. It pays a dividend yield of 6.90%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthHope Bancorp does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Hope Bancorp is 34.15%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Hope Bancorp will have a dividend payout ratio of 41.18% next year. This indicates that Hope Bancorp will be able to sustain or increase its dividend. Previous Next 3.2 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreHope Bancorp has received a 33.53% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Retirement saving services", "Cash withdrawal services", "Mortgages provided by brick and mortar banks", "Mortgage loans for corporations", "Corporate debit cards", and "Home equity loans" products. See details.Environmental SustainabilityThe Environmental Impact score for Hope Bancorp is -0.41. Previous Next 2.7 News and Social Media Coverage News SentimentHope Bancorp has a news sentiment score of 0.82. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.64 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 11 news articles for Hope Bancorp this week, compared to 21 articles on an average week.MarketBeat Follows5 people have added Hope Bancorp to their MarketBeat watchlist in the last 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Hope Bancorp insiders have bought 408.24% more of their company's stock than they have sold. Specifically, they have bought $206,332.00 in company stock and sold $40,597.00 in company stock.Percentage Held by InsidersOnly 5.05% of the stock of Hope Bancorp is held by insiders.Percentage Held by Institutions84.30% of the stock of Hope Bancorp is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Hope Bancorp are expected to grow by 6.25% in the coming year, from $1.28 to $1.36 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Hope Bancorp is 5.35, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.92.Price to Earnings Ratio vs. SectorThe P/E ratio of Hope Bancorp is 5.35, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 163.88.Price to Book Value per Share RatioHope Bancorp has a P/B Ratio of 0.51. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Hope Bancorp (NASDAQ:HOPE) StockHope Bancorp, Inc. is a bank holding company, which engages in the provision of financial services through its subsidiary, Bank of Hope. It offers core business banking products for small and medium-sized businesses and individuals. Its products and services include certificate of deposit, online banking, bill payment, mobile banking, credits card, and mortgage loans. The company was founded in February 2000 and is headquartered in Los Angeles, CA.Read More Receive HOPE Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Hope Bancorp and its competitors with MarketBeat's FREE daily newsletter. Email Address HOPE Stock News HeadlinesJune 4, 2023 | americanbankingnews.comHope Bancorp (NASDAQ:HOPE) and City (NASDAQ:CHCO) Financial ReviewJune 1, 2023 | msn.comBank of China chairman visits Papua New Guinea amid Sino-US strategic rivalryJune 4, 2023 | Legacy Research (Affiliate) (Ad)“One-Stock Millionaire” IGNORES 99.9% of the MarketDuring the 2008 financial crisis, millionaire trader Jeff Clark stunned the world when he managed to double his readers’ money 26 TIMES… CNBC caught wind of this and asked Jeff to come on live TV to explain his secret.June 1, 2023 | omaha.comMidlands Voices: The Tri-Faith and UNO Conference: Bridging divides, inspiring hopeMay 31, 2023 | detroitnews.comBank of America CEO: Capitalism is 'only hope' to accomplish world sustainability goalsMay 31, 2023 | msn.comSlowed or stalled housing developments in Detroit hope to pick up paceMay 29, 2023 | msn.com2023 Bank of Hope LPGA Match Play prize money payouts for each LPGA playerMay 29, 2023 | msn.comHere's the prize money payout for each golfer at the 2023 Bank of Hope Match PlayJune 4, 2023 | Legacy Research (Affiliate) (Ad)“One-Stock Millionaire” IGNORES 99.9% of the MarketDuring the 2008 financial crisis, millionaire trader Jeff Clark stunned the world when he managed to double his readers’ money 26 TIMES… CNBC caught wind of this and asked Jeff to come on live TV to explain his secret.May 29, 2023 | msn.comParajee Anannarukarn wins Bank of Hope LPGA Match PlayMay 29, 2023 | sports.yahoo.comHighlights: Bank of Hope LPGA, FinalMay 29, 2023 | msn.comPajaree Anannarukarn claims second career LPGA title at Bank of Hope Match Play after 116 holesMay 28, 2023 | americanbankingnews.comHope Bancorp (NASDAQ:HOPE) Stock Rating Upgraded by StockNews.comMay 26, 2023 | msn.comUPDATE 2-LPGA Tour Bank of Hope LPGA Match-Play presented by MGM Rewards ScoresMay 25, 2023 | cnn.comJPMorgan is cutting about 1,000 First Republic Bank employeesMay 25, 2023 | usnews.comLPGA Bank of Hope Match-Play ResultsMay 25, 2023 | msn.comLPGA Tour Bank of Hope LPGA Match-Play presented by MGM Rewards ScoresMay 24, 2023 | msn.comBank Of Hope LPGA Match-Play Purse, Prize Money And Field 2023May 23, 2023 | msn.comBiz outlook edges up for June on hope for corporate earnings, domestic recoveryMay 23, 2023 | fortune.comPentagon attack hoax that triggered brief market sell-off illustrates pitfalls of A.I.-driven fake news, warns Deutsche BankMay 23, 2023 | msn.comWorld Bank seeks grants, new capital to fight global crisesMay 22, 2023 | bizjournals.comAmerican Savings Bank donates more than $368K to local nonprofitsMay 22, 2023 | msn.comBank of Israel hikes key rate as weak shekel keeps inflation highMay 22, 2023 | reuters.comChina stocks finish higher on hope of improvement in Sino-US relationsMay 22, 2023 | bizjournals.com'I hope they change their mind': National experts on why Charlotte park needs to be saved (PHOTOS)May 22, 2023 | msn.comHundreds honor legendary Viking's head coach at U.S. Bank StadiumMay 22, 2023 | ft.comBank of England pins its hopes on falling inflation easing wage growthSee More Headlines HOPE Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart HOPE Company Calendar Last Earnings1/24/2023Ex-Dividend for 5/18 Dividend5/03/2023Dividend Payable5/18/2023Today6/03/2023Next Earnings (Estimated)7/18/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry National commercial banks Sub-IndustryRegional Banks SectorFinance Current SymbolNASDAQ:HOPE CUSIP07329510 CIK1128361 Webwww.bankofhope.com Phone(213) 639-1700Fax213-235-3033Employees1,549Year FoundedN/APrice Target and Rating Average Stock Price Forecast$14.25 High Stock Price Forecast$16.00 Low Stock Price Forecast$12.00 Forecasted Upside/Downside+62.5%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$1.64 Trailing P/E Ratio5.35 Forward P/E Ratio6.85 P/E GrowthN/ANet Income$218.28 million Net Margins22.90% Pretax Margin31.07% Return on Equity9.77% Return on Assets1.02% Debt Debt-to-Equity Ratio1.19 Current Ratio1.09 Quick Ratio1.08 Sales & Book Value Annual Sales$767.51 million Price / Sales1.37 Cash Flow$2.15 per share Price / Cash Flow4.07 Book Value$17.17 per share Price / Book0.51Miscellaneous Outstanding Shares119,920,000Free Float113,868,000Market Cap$1.05 billion OptionableOptionable Beta1.16 Key ExecutivesKevin Sung KimChairman, President & Chief Executive OfficerPeter KohChief Operating Officer & Senior Executive VPJulianna BalickaChief Financial Officer & Executive Vice PresidentKyu S. KimSEVP & Regional President-Eastern RegionThomas P StengerSenior Executive Vice PresidentKey CompetitorsWestamerica BancorporationNASDAQ:WABCSandy Spring BancorpNASDAQ:SASRNational BankNYSE:NBHCPacWest BancorpNASDAQ:PACWTrustmarkNASDAQ:TRMKView All CompetitorsInsiders & InstitutionsMacquarie Group Ltd.Bought 15,937 shares on 6/1/2023Ownership: 4.290%ProShare Advisors LLCSold 1,495 shares on 5/26/2023Ownership: 0.014%Ameriprise Financial Inc.Bought 41,848 shares on 5/22/2023Ownership: 0.582%Putnam Investments LLCSold 4,166 shares on 5/22/2023Ownership: 0.082%New York State Common Retirement FundSold 41,086 shares on 5/18/2023Ownership: 0.206%View All Insider TransactionsView All Institutional Transactions HOPE Stock - Frequently Asked Questions Should I buy or sell Hope Bancorp stock right now? 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Hope Bancorp in the last twelve months. There are currently 1 hold rating 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 forecast for 2023? 1 brokers have issued 1 year price objectives for Hope Bancorp's shares. Their HOPE share price forecasts range from $12.00 to $16.00. On average, they expect the company's share price to reach $14.25 in the next twelve months. This suggests a possible upside of 62.5% 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 at the beginning of the year. Since then, HOPE stock has decreased by 31.5% and is now trading at $8.77. View the best growth stocks for 2023 here. When is Hope Bancorp's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, July 18th 2023. View our HOPE earnings forecast. How were Hope Bancorp's earnings last quarter? Hope Bancorp, Inc. (NASDAQ:HOPE) posted its earnings results on Tuesday, January, 24th. The financial services provider reported $0.43 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.45 by $0.02. The financial services provider earned $236.35 million during the quarter, compared to analyst estimates of $168.70 million. Hope Bancorp had a trailing twelve-month return on equity of 9.77% and a net margin of 22.90%. During the same quarter in the prior year, the business posted $0.43 EPS. How often does Hope Bancorp pay dividends? What is the dividend yield for Hope Bancorp? Hope Bancorp announced a quarterly dividend on Monday, April 24th. Investors of record on Thursday, May 4th will be paid a dividend of $0.14 per share on Thursday, May 18th. This represents a $0.56 annualized dividend and a dividend yield of 6.39%. The ex-dividend date is Wednesday, May 3rd. Read our dividend analysis for HOPE. What ETFs hold Hope Bancorp's stock? ETFs with the largest weight of Hope Bancorp (NASDAQ:HOPE) stock in their portfolio include Timothy Plan Market Neutral ETF (TPMN), VictoryShares US Small Cap High Div Volatility Wtd ETF (CSB), Invesco KBW Regional Banking ETF (KBWR), ETC 6 Meridian Small Cap Equity ETF (SIXS), Invesco S&P SmallCap Low Volatility ETF (XSLV), Invesco S&P SmallCap Value with Momentum ETF (XSVM), First Trust NASDAQ ABA Community Bank Index Fund (QABA) and Invesco S&P SmallCap Financials ETF (PSCF). 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 6.90%. HOPE has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 34.15%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HOPE will have a dividend payout ratio of 41.18% 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). What is Hope Bancorp's stock symbol? Hope Bancorp trades on the NASDAQ under the ticker symbol "HOPE." Who are Hope Bancorp's major shareholders? Hope Bancorp's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (14.74%), Dimensional Fund Advisors LP (7.96%), State Street Corp (5.23%), Macquarie Group Ltd. (4.29%), Macquarie Group Ltd. (4.29%) and LSV Asset Management (2.42%). Insiders that own company stock include Dale S Zuehls, Steven Koh, 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. What is Hope Bancorp's stock price today? One share of HOPE stock can currently be purchased for approximately $8.77. How much money does Hope Bancorp make? Hope Bancorp (NASDAQ:HOPE) has a market capitalization of $1.05 billion and generates $767.51 million in revenue each year. The financial services provider earns $218.28 million in net income (profit) each year or $1.64 on an earnings per share basis. How many employees does Hope Bancorp have? The company employs 1,549 workers across the globe. How can I contact Hope Bancorp? Hope Bancorp's mailing address is 3200 WILSHIRE BLVD SUITE 1400, LOS ANGELES CA, 90010. The official website for the company is www.bankofhope.com. The financial services provider can be reached via phone at (213) 639-1700, via email at angie.yang@bankofhope.com, or via fax at 213-235-3033. This page (NASDAQ:HOPE) was last updated on 6/4/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Hope Bancorp, Inc. 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