Hope Bancorp - HOPE Stock Forecast, Price & News

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.

1 Wall Street analysts have issued 1 year price objectives for Hope Bancorp's stock. Their HOPE share price forecasts range from $15.00 to $16.00. On average, they expect the company's share price to reach $15.67 in the next twelve months. This suggests a possible upside of 23.9% 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 $14.71 at the beginning of the year. Since then, HOPE stock has decreased by 14.1% and is now trading at $12.64.
View the best growth stocks for 2022 here.

The company is scheduled to release its next quarterly earnings announcement on Monday, October 24th 2022.
View our HOPE earnings forecast.

Hope Bancorp, Inc. (NASDAQ:HOPE) released its quarterly earnings data on Tuesday, July, 19th. The financial services provider reported $0.43 EPS for the quarter, topping analysts' consensus estimates of $0.41 by $0.02. The financial services provider earned $154.28 million during the quarter, compared to the consensus estimate of $150.08 million. Hope Bancorp had a net margin of 34.35% and a trailing twelve-month return on equity of 10.72%. The firm's revenue was up 12.1% on a year-over-year basis. During the same period in the previous year, the company posted $0.43 EPS.

Hope Bancorp announced a quarterly dividend on Thursday, July 21st. Stockholders of record on Friday, July 29th will be paid a dividend of $0.14 per share on Friday, August 12th. This represents a $0.56 annualized dividend and a dividend yield of 4.43%. The ex-dividend date is Thursday, July 28th.
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 4.43%. HOPE has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 30.94%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HOPE will have a dividend payout ratio of 30.11% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for HOPE.

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).

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

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.

One share of HOPE stock can currently be purchased for approximately $12.64.

Hope Bancorp (NASDAQ:HOPE) has a market capitalization of $1.51 billion and generates $610.13 million in revenue each year. The financial services provider earns $204.57 million in net income (profit) each year or $1.81 on an earnings per share basis.

The company employs 1,476 workers across the globe.

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.