S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
NASDAQ:HOPE

Hope Bancorp Stock Forecast, Price & News

$14.46
-0.25 (-1.70%)
(As of 12/3/2021 04:00 PM ET)
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Today's Range
$14.34
$14.81
50-Day Range
$13.29
$15.67
52-Week Range
$10.14
$16.61
Volume
821,875 shs
Average Volume
586,723 shs
Market Capitalization
$1.74 billion
P/E Ratio
9.90
Dividend Yield
3.81%
Beta
1.5
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Hope Bancorp logo

About Hope Bancorp

Hope Bancorp, Inc. is a bank holding company, which engages in the provision of financial services through its subsidiary, Bank of Hope. The firm 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.

Headlines

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Industry, Sector and Symbol

Industry
National commercial banks
Sub-Industry
Regional Banks
Sector
Finance
Current Symbol
NASDAQ:HOPE
CUSIP
07329510
Employees
1,408
Year Founded
N/A

Sales & Book Value

Annual Sales
$652.31 million
Cash Flow
$0.99 per share
Book Value
$17.26 per share

Profitability

Net Income
$111.51 million
Pretax Margin
39.37%

Debt

Price-To-Earnings

Miscellaneous

Free Float
113,841,000
Market Cap
$1.74 billion
Optionable
Optionable

Company Calendar

Last Earnings
10/24/2021
Ex-Dividend
11/03/2021
Dividend Payable
11/18/2021
Today
12/05/2021
Fiscal Year End
12/31/2021
Next Earnings (Estimated)
1/25/2022

MarketRank

Overall MarketRank

2.59 out of 5 stars

Finance Sector

243rd out of 1,333 stocks

National Commercial Banks Industry

26th out of 108 stocks

Analyst Opinion: 2.5Community Rank: 3.6Dividend Strength: 3.3Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 -












Hope Bancorp (NASDAQ:HOPE) Frequently Asked Questions

Is Hope Bancorp a buy 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 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" Hope Bancorp stock.
View analyst ratings for Hope Bancorp
or view top-rated stocks.

How has Hope Bancorp's stock price been impacted by Coronavirus?

Hope Bancorp's stock was trading at $9.75 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, HOPE stock has increased by 48.3% and is now trading at $14.46.
View which stocks have been most impacted by COVID-19
.

When is Hope Bancorp's next earnings date?

Hope Bancorp is scheduled to release its next quarterly earnings announcement on Tuesday, January 25th 2022.
View our earnings forecast for Hope Bancorp
.

How were Hope Bancorp's earnings last quarter?

Hope Bancorp, Inc. (NASDAQ:HOPE) issued its earnings results on Sunday, October, 24th. The financial services provider reported $0.45 earnings per share for the quarter, beating the consensus estimate of $0.42 by $0.03. The financial services provider earned $140.91 million during the quarter, compared to analyst estimates of $136.92 million. Hope Bancorp had a trailing twelve-month return on equity of 8.77% and a net margin of 29.96%. During the same period in the previous year, the business earned $0.25 earnings per share.
View Hope Bancorp's earnings history
.

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

Hope Bancorp declared a quarterly dividend on Monday, October 25th. Investors of record on Thursday, November 4th will be paid a dividend of $0.14 per share on Thursday, November 18th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 3.87%. The ex-dividend date of this dividend is Wednesday, November 3rd.
View Hope Bancorp's dividend history
.

Is Hope Bancorp a good dividend stock?

Hope Bancorp pays an annual dividend of $0.56 per share and currently has a dividend yield of 3.81%. The dividend payout ratio of Hope Bancorp is 38.36%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Hope Bancorp will have a dividend payout ratio of 36.13% next year. This indicates that Hope Bancorp will be able to sustain or increase its dividend.
View Hope Bancorp's dividend history.

What price target have analysts set for HOPE?

1 Wall Street analysts have issued 12 month price objectives for Hope Bancorp's stock. Their forecasts range from $18.00 to $18.00. On average, they anticipate Hope Bancorp's stock price to reach $18.00 in the next twelve months. This suggests a possible upside of 24.5% from the stock's current price.
View analysts' price targets for Hope Bancorp
or view top-rated stocks among Wall Street analysts.

Who are Hope Bancorp's key executives?

Hope Bancorp's management team includes the following people:
  • Kevin Sung Kim, Chairman, President & Chief Executive Officer
  • David P. Malone, Chief Operating Officer, Director & Senior VP
  • Alex Ko, Chief Financial Officer & Executive Vice President
  • Kyu S. Kim, SEVP & Regional President-Eastern Region
  • Peter Koh, Chief Credit Officer & Executive Vice President

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 number of institutional and retail investors. Top institutional investors include BlackRock Inc. (14.74%), Fuller & Thaler Asset Management Inc. (7.46%), Dimensional Fund Advisors LP (7.24%), Pzena Investment Management LLC (2.87%), LSV Asset Management (2.82%) and Geode Capital Management LLC (1.81%). Company insiders that own Hope Bancorp stock include Steven Koh, Thomas Stenger and William J Lewis.
View institutional ownership trends for Hope Bancorp
.

Which institutional investors are selling Hope Bancorp stock?

HOPE stock was sold by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, LSV Asset Management, Hsbc Holdings PLC, Denali Advisors LLC, UBS Group AG, BlackRock Inc., Citigroup Inc., and Goldman Sachs Group Inc..
View insider buying and selling activity for Hope Bancorp
or view top insider-selling stocks.

Which institutional investors are buying Hope Bancorp stock?

HOPE stock was purchased by a variety of institutional investors in the last quarter, including Fuller & Thaler Asset Management Inc., Thrivent Financial for Lutherans, Two Sigma Investments LP, Two Sigma Advisers LP, Victory Capital Management Inc., Grantham Mayo Van Otterloo & Co. LLC, Healthcare of Ontario Pension Plan Trust Fund, and Allianz Asset Management GmbH.
View insider buying and selling activity for Hope Bancorp
or or view top insider-buying stocks.

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 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 $14.46.

How much money does Hope Bancorp make?

Hope Bancorp has a market capitalization of $1.74 billion and generates $652.31 million in revenue each year. The financial services provider earns $111.51 million in net income (profit) each year or $1.46 on an earnings per share basis.

How many employees does Hope Bancorp have?

Hope Bancorp employs 1,408 workers across the globe.

What is Hope Bancorp's official website?

The official website for Hope Bancorp is www.bankofhope.com.

Where are Hope Bancorp's headquarters?

Hope Bancorp is headquartered at 3200 WILSHIRE BLVD SUITE 1400, LOS ANGELES CA, 90010.

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, via email at [email protected], or via fax at 213-235-3033.


This page was last updated on 12/5/2021 by MarketBeat.com Staff

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