NASDAQ:HOPE - Hope Bancorp Stock Price, Price Target & More

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$18.56 -0.12 (-0.64 %)
(As of 06/22/2018 04:00 PM ET)
Previous Close$18.56
Today's Range$18.32 - $18.84
52-Week Range$17.03 - $19.86
Volume1.56 million shs
Average Volume771,326 shs
Market Capitalization$2.53 billion
P/E Ratio15.21
Dividend Yield2.78%
Beta1.35
Hope Bancorp logoHope Bancorp, Inc. operates as the bank holding company for Bank of Hope that provides banking services primarily to small and medium-sized businesses and individuals in the United States. The company offers personal and business checking, money market, savings, time deposit, and individual retirement accounts. It also provides commercial loans to businesses for various purposes, such as working capital, purchasing inventory, debt refinancing, business acquisitions, and other business related financing needs; commercial real estate loans; small business administration (SBA) loans; and consumer loans, such as auto, home equity, single-family mortgage, and signature loans. In addition, the company offers trade finance services, including the issuance and negotiation of letters of credit, as well as handles documentary collections; commercial equipment lease financing; and warehouse lines of credit to mortgage loan originators. Further, it provides cash management services, such as remote deposit capture, lock box, and ACH origination services; investment and wealth management services to high-net-worth clients; mobile banking; debit and credit card services; foreign exchanges services, safe deposit boxes, and other customary bank services; and Internet banking and bill-pay services, as well as operates automated teller machines. As of February 27, 2018, the company operated 63 full-service branches in California, Washington, Texas, Illinois, New York, New Jersey, Virginia, Georgia, and Alabama; SBA loan production offices in Seattle, Denver, Dallas, Atlanta, Portland, Oregon, and Annandale, Virginia; a commercial loan production office in Fremont, California; residential mortgage loan production offices in California; and a representative office in Seoul, Korea. The company was formerly known as BBCN Bancorp, Inc. and changed its name to Hope Bancorp, Inc. in August 2016. Hope Bancorp, Inc. was incorporated in 2000 and is headquartered in Los Angeles, California.

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Industry, Sector and Symbol

Industry National commercial banks
Sub-IndustryRegional Banks
SectorFinance
SymbolNASDAQ:HOPE
CUSIP07329510
Phone213-639-1700

Debt

Debt-to-Equity Ratio0.50
Current Ratio1.03
Quick Ratio1.03

Price-To-Earnings

Trailing P/E Ratio15.21
Forward P/E Ratio12.29
P/E Growth1.24

Sales & Book Value

Annual Sales$638.52 million
Price / Sales3.94
Cash Flow$1.0924 per share
Price / Cash16.99
Book Value$14.23 per share
Price / Book1.30

Profitability

EPS (Most Recent Fiscal Year)$1.22
Net Income$139.44 million
Net Margins23.46%
Return on Equity9.35%
Return on Assets1.27%

Miscellaneous

Employees1,470
Outstanding Shares135,520,000

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Hope Bancorp (NASDAQ:HOPE) Frequently Asked Questions

What is Hope Bancorp's stock symbol?

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

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

Hope Bancorp declared a quarterly dividend on Tuesday, April 17th. Investors of record on Friday, April 27th will be paid a dividend of $0.13 per share on Friday, May 11th. This represents a $0.52 annualized dividend and a yield of 2.80%. The ex-dividend date of this dividend is Thursday, April 26th. View Hope Bancorp's Dividend History.

How were Hope Bancorp's earnings last quarter?

Hope Bancorp Inc (NASDAQ:HOPE) released its earnings results on Tuesday, April, 17th. The financial services provider reported $0.38 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.37 by $0.01. The financial services provider earned $139.92 million during the quarter, compared to analysts' expectations of $140.35 million. Hope Bancorp had a net margin of 23.46% and a return on equity of 9.35%. The company's revenue for the quarter was up 5.6% on a year-over-year basis. During the same period last year, the business earned $0.28 EPS. View Hope Bancorp's Earnings History.

When is Hope Bancorp's next earnings date?

Hope Bancorp is scheduled to release their next quarterly earnings announcement on Monday, July, 23rd 2018. View Earnings Estimates for Hope Bancorp.

What price target have analysts set for HOPE?

6 brokerages have issued 12-month price objectives for Hope Bancorp's stock. Their forecasts range from $17.00 to $22.00. On average, they anticipate Hope Bancorp's share price to reach $19.50 in the next twelve months. View Analyst Ratings for Hope Bancorp.

Who are some of Hope Bancorp's key competitors?

Who are Hope Bancorp's key executives?

Hope Bancorp's management team includes the folowing people:
  • Mr. Kevin Sung Kim J.D., Pres, CEO & Director (Age 60)
  • Mr. Alex Ko, Exec. VP & CFO (Age 51)
  • Mr. Johann Minkyun You, Exec. VP & Chief Risk Officer (Age 53)
  • Ms. Kyu S. Kim, Sr. EVP & Regional Pres of Eastern Region-Bank of Hope (Age 57)
  • Ms. Angie Yang, SVP, Director of IR & Corp. Communications

Has Hope Bancorp been receiving favorable news coverage?

Media headlines about HOPE stock have trended somewhat positive on Saturday, according to Accern Sentiment. The research firm identifies negative and positive media coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Hope Bancorp earned a coverage optimism score of 0.13 on Accern's scale. They also gave headlines about the financial services provider an impact score of 47.24 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company's share price in the near term.

Who are Hope Bancorp's major shareholders?

Hope Bancorp's stock is owned by a number of of retail and institutional investors. Top institutional investors include Rhumbline Advisers (0.25%), Summit Trail Advisors LLC (0.19%), Kempen Capital Management N.V. (0.19%), Russell Investments Group Ltd. (0.08%), Fisher Asset Management LLC (0.04%) and BNP Paribas Arbitrage SA (0.03%). Company insiders that own Hope Bancorp stock include Alex Ko, David Lee Song, Donald Byun, Jason K Kim, Steven J Didion and Steven Koh. 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 BNP Paribas Arbitrage SA, Fisher Asset Management LLC and Russell Investments Group Ltd.. Company insiders that have sold Hope Bancorp company stock in the last year include Alex Ko, David Lee Song, Donald Byun, Jason K Kim and Steven Koh. View Insider Buying and Selling for Hope Bancorp.

Which institutional investors are buying Hope Bancorp stock?

HOPE stock was purchased by a variety of institutional investors in the last quarter, including Summit Trail Advisors LLC, Kempen Capital Management N.V., SG Americas Securities LLC, Xact Kapitalforvaltning AB and Rhumbline Advisers. View Insider Buying and Selling for Hope Bancorp.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Hope Bancorp's stock price today?

One share of HOPE stock can currently be purchased for approximately $18.56.

How big of a company is Hope Bancorp?

Hope Bancorp has a market capitalization of $2.53 billion and generates $638.52 million in revenue each year. The financial services provider earns $139.44 million in net income (profit) each year or $1.22 on an earnings per share basis. Hope Bancorp employs 1,470 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 financial services provider can be reached via phone at 213-639-1700 or via email at [email protected]


MarketBeat Community Rating for Hope Bancorp (HOPE)

Community Ranking:  1.8 out of 5 (star)
Outperform Votes:  165 (Vote Outperform)
Underperform Votes:  281 (Vote Underperform)
Total Votes:  446
MarketBeat's community ratings are surveys of what our community members think about Hope Bancorp and other stocks. Vote "Outperform" if you believe HOPE will outperform the S&P 500 over the long term. Vote "Underperform" if you believe HOPE will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 6/23/2018 by MarketBeat.com Staff

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