NASDAQ:HOPE Hope Bancorp - HOPE Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Hope Bancorp, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $10.23 +0.43 (+4.39%) (As of 03/24/2023 12:00 AM ET) Add Compare Share Share Today's Range$9.68▼$10.2550-Day Range$9.80▼$13.7852-Week Range$9.68▼$16.88Volume1.31 million shsAverage Volume950,200 shsMarket Capitalization$1.22 billionP/E Ratio5.65Dividend Yield5.47%Price Target$15.00 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Hope Bancorp MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside46.6% Upside$15.00 Price TargetShort InterestN/ADividend StrengthStrongBased on Four FactorsSustainability-0.41Upright™ Environmental ScoreNews Sentiment0.77Based on 11 Articles This WeekInsider TradingAcquiring Shares$106,000 Bought Last QuarterProj. Earnings Growth4.61%From $1.52 to $1.59 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.2.89 out of 5 starsFinance Sector253rd out of 868 stocksNational Commercial Banks Industry39th out of 85 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 $15.00, Hope Bancorp has a forecasted upside of 46.6% from its current price of $10.23.Amount of Analyst CoverageHope Bancorp has received no research coverage in the past 90 days. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for HOPE. Previous Next 3.3 Dividend Strength Dividend LeadershipHope Bancorp is a leading dividend payer. It pays a dividend yield of 5.22%, 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 30.94%. 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 35.22% 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 2.1 News and Social Media Coverage News SentimentHope Bancorp has a news sentiment score of 0.77. 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 0.44 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 11 news articles for Hope Bancorp this week, compared to 17 articles on an average week.Search InterestOnly 2 people have searched for HOPE on MarketBeat in the last 30 days. This is a decrease of -33% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added Hope Bancorp to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Hope Bancorp insiders have bought more of their company's stock than they have sold. Specifically, they have bought $106,000.00 in company stock and sold $0.00 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 4.61% in the coming year, from $1.52 to $1.59 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Hope Bancorp is 5.65, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 114.54.Price to Earnings Ratio vs. SectorThe P/E ratio of Hope Bancorp is 5.65, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 133.38.Price to Book Value per Share RatioHope Bancorp has a P/B Ratio of 0.61. 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 HeadlinesMarch 24, 2023 | msn.comI’m Ghana’s Hope – DuffuorMarch 24, 2023 | msn.comS&P 500, Dow, Nasdaq rise as hope for Fed pause overcomes bank fearsMarch 24, 2023 | Weiss Ratings (Ad)Urgent WarningThis was never meant for the general public. But it’s all there in black and white … A frightening plan that gives the Fed the power to track and even control your checking account, including ALL your financial transactions. A pilot test program is already underway. And it’s slated to launch at America’s largest banks as soon as May of this year! So, time to prepare is very short. Fortunately, there are a few key steps you can take to defend yourself …March 24, 2023 | msn.comThe redemption period after the foreclosure of real estate mortgage by a bankMarch 24, 2023 | msn.comOpinion: How has confidence in the U.S. banking system held up after recent bank bailouts?March 24, 2023 | msn.comWatch: Palestinian Muslims gather on the West Bank preparing for RamadanMarch 21, 2023 | bizjournals.comCitizens Savings Bank & Trust partners with Operation Hope Inc. to open financial literacy program at Jefferson Street branchMarch 20, 2023 | abcnews.go.comCredit Suisse-UBS deal offers hope, but bank doubts persistMarch 24, 2023 | Weiss Ratings (Ad)Urgent WarningThis was never meant for the general public. But it’s all there in black and white … A frightening plan that gives the Fed the power to track and even control your checking account, including ALL your financial transactions. A pilot test program is already underway. And it’s slated to launch at America’s largest banks as soon as May of this year! So, time to prepare is very short. Fortunately, there are a few key steps you can take to defend yourself …March 20, 2023 | msn.comSuze Orman Says to 'Hope for the Best, Plan for the Worst.' Here's HowMarch 20, 2023 | americanbankingnews.comHope Bancorp (NASDAQ:HOPE) Coverage Initiated by Analysts at StockNews.comMarch 19, 2023 | msn.comEmerging managers hope the new SVB offers the same support to new VCsMarch 19, 2023 | americanbankingnews.comWilliam J. Lewis Acquires 10,000 Shares of Hope Bancorp, Inc. (NASDAQ:HOPE) StockMarch 19, 2023 | msn.com'Now to only hope BOA does an internal investigation on Charles.'March 16, 2023 | msn.comYellen Open To Reexamining Bank Regs And Oversight After They Failed To Prevent SVB CollapseMarch 16, 2023 | markets.businessinsider.comMarch Has Been a Disaster for First Republic Bank Stock, But Now There’s HopeMarch 16, 2023 | msn.comWhy Silicon Valley Bank’s ‘safe’ investments turned into a problem for banks and the FedMarch 16, 2023 | americanbankingnews.comHope Bancorp (NASDAQ:HOPE) Trading Up 8.7%March 15, 2023 | nasdaq.comHope Bancorp Enters Oversold TerritoryMarch 15, 2023 | msn.com'Big Short' investor Michael Burry calls out ESG funds that bet on Silicon Valley Bank: 'impatient, lazy shortcuts'March 15, 2023 | msn.comRPT-COLUMN-Gold bulls hope short-term bank contagion sparks longer-term rally: RussellMarch 14, 2023 | msn.comSVB collapse shows higher interest rates aren’t always a blessing for bank stocksMarch 14, 2023 | msn.comOp-ed: The Silicon Valley Bank collapse bailout won't save the startup economyMarch 14, 2023 | msn.comDow attempts to snap 5-day lose streak in final hour of trade as bank stocks bounce and inflation coolsMarch 14, 2023 | theglobeandmail.comGold bulls hope short-term bank contagion sparks longer-term rallyMarch 14, 2023 | msn.comA shift at the food bank inspired this St. John's artist ahead of benefit concertMarch 14, 2023 | reuters.comColumn-Gold bulls hope short-term bank contagion sparks longer-term rally: RussellSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 Company Calendar Last Earnings1/24/2023Ex-Dividend for 2/16 Dividend2/01/2023Dividend Payable2/16/2023Today3/24/2023Next Earnings (Estimated)4/17/2023Fiscal 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$15.00 High Stock Price Forecast$16.00 Low Stock Price Forecast$14.00 Forecasted Upside/Downside+51.5%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$1.81 Trailing P/E Ratio5.47 Forward P/E Ratio6.51 P/E GrowthN/ANet Income$218.28 million Net Margins28.44% Pretax Margin38.57% Return on Equity10.86% Return on Assets1.18% Debt Debt-to-Equity Ratio0.59 Current Ratio1.01 Quick Ratio1.00 Sales & Book Value Annual Sales$767.51 million Price / Sales1.54 Cash Flow$1.84 per share Price / Cash Flow5.38 Book Value$16.90 per share Price / Book0.59Miscellaneous Outstanding Shares119,500,000Free Float113,463,000Market Cap$1.18 billion OptionableOptionable Beta1.19 Key ExecutivesKevin Sung KimChairman, President & Chief Executive OfficerPeter KohChief Operating Officer & Senior Executive VPDavid P. MaloneChief Financial Officer & Non-Independent DirectorKyu S. KimSEVP & Regional President-Eastern RegionJason K. KimSenior EVP & President-Western RegionKey CompetitorsWestamerica BancorporationNASDAQ:WABCNational BankNYSE:NBHCFirst Commonwealth FinancialNYSE:FCFCityNASDAQ:CHCOSandy Spring BancorpNASDAQ:SASRView All CompetitorsInsiders & InstitutionsWilliam J LewisBought 10,000 shares on 3/15/2023Total: $106,000.00 ($10.60/share)Victory Capital Management Inc.Sold 348,379 shares on 3/10/2023Ownership: 1.049%Macquarie Group Ltd.Bought 706,545 shares on 2/21/2023Ownership: 4.292%Truist Financial CorpSold 22,931 shares on 2/17/2023Ownership: 0.010%Alliancebernstein L.P.Sold 11,734 shares on 2/16/2023Ownership: 0.138%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 year. 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 12-month price objectives for Hope Bancorp's stock. Their HOPE share price forecasts range from $14.00 to $16.00. On average, they predict the company's stock price to reach $15.00 in the next twelve months. This suggests a possible upside of 51.5% 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 on January 1st, 2023. Since then, HOPE shares have decreased by 22.7% and is now trading at $9.90. 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 Monday, April 17th 2023. View our HOPE earnings forecast. How were Hope Bancorp's earnings last quarter? Hope Bancorp, Inc. (NASDAQ:HOPE) posted its quarterly earnings data on Tuesday, January, 24th. The financial services provider reported $0.43 EPS for the quarter, missing the consensus estimate of $0.45 by $0.02. The financial services provider had revenue of $236.35 million for the quarter, compared to analyst estimates of $168.70 million. Hope Bancorp had a trailing twelve-month return on equity of 10.86% and a net margin of 28.44%. During the same quarter in the previous year, the firm posted $0.43 EPS. How often does Hope Bancorp pay dividends? What is the dividend yield for Hope Bancorp? Hope Bancorp declared a quarterly dividend on Monday, January 23rd. Investors of record on Thursday, February 2nd will be paid a dividend of $0.14 per share on Thursday, February 16th. This represents a $0.56 annualized dividend and a yield of 5.66%. The ex-dividend date of this dividend is Wednesday, February 1st. 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 VictoryShares US Small Cap High Div Volatility Wtd ETF (CSB), ETC 6 Meridian Small Cap Equity ETF (SIXS), Invesco KBW Regional Banking ETF (KBWR), 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), Invesco S&P SmallCap Financials ETF (PSCF) and First Trust Small Cap Value AlphaDEX Fund (FYT). 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 5.22%. 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 35.22% 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 Dimensional Fund Advisors LP (7.91%), Fuller & Thaler Asset Management Inc. (6.92%), Macquarie Group Ltd. (4.29%), Pzena Investment Management LLC (2.74%), LSV Asset Management (2.55%) and Geode Capital Management LLC (1.89%). Insiders that own company stock include 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 $9.90. How much money does Hope Bancorp make? Hope Bancorp (NASDAQ:HOPE) has a market capitalization of $1.18 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 $1.81 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 3/24/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. 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