NASDAQ:HOPE Hope Bancorp (HOPE) Stock Price, News & Analysis → Trump’s Gift Could Unleash $51 Billion in New Wealth (From Wealthpin Pro) (Ad) Free HOPE Stock Alerts $10.53 +0.17 (+1.64%) (As of 05/31/2024 ET) Add Compare Share Share Today's Range$10.37▼$10.5550-Day Range$9.93▼$11.5152-Week Range$7.93▼$12.51Volume493,203 shsAverage Volume581,793 shsMarket Capitalization$1.27 billionP/E Ratio10.53Dividend Yield5.32%Price Target$11.83 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get Hope Bancorp alerts: Email Address Hope Bancorp MarketRank™ Stock AnalysisAnalyst RatingHold2.33 Rating ScoreUpside/Downside12.4% Upside$11.83 Price TargetShort InterestHealthy2.12% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-0.41Upright™ Environmental ScoreNews Sentiment0.21Based on 11 Articles This WeekInsider TradingSelling Shares$44,856 Sold Last QuarterProj. Earnings Growth44.21%From $0.95 to $1.37 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.71 out of 5 starsFinance Sector96th out of 883 stocksNational Commercial Banks Industry19th out of 85 stocks 2.2 Analyst's Opinion Consensus RatingHope Bancorp has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.Amount of Analyst CoverageHope Bancorp has only been the subject of 3 research reports in the past 90 days.Read more about Hope Bancorp's stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.12% 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 3.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Hope Bancorp has recently increased by 27.37%, indicating that investor sentiment is decreasing significantly. Previous Next 3.3 Dividend Strength Dividend LeadershipHope Bancorp is a leading dividend payer. It pays a dividend yield of 5.32%, 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 56.00%. 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 40.88% next year. This indicates that Hope Bancorp will be able to sustain or increase its dividend.Read more about Hope Bancorp's 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 1.2 News and Social Media Coverage News SentimentHope Bancorp has a news sentiment score of 0.21. 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 lower news sentiment than the 0.75 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 11 news articles for Hope Bancorp this week, compared to 18 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 -50% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Hope Bancorp insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $44,856.00 in company stock.Percentage Held by InsidersOnly 5.29% of the stock of Hope Bancorp is held by insiders.Percentage Held by Institutions84.00% of the stock of Hope Bancorp is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Hope Bancorp's insider trading history. Previous Next 3.8 Earnings and Valuation Earnings GrowthEarnings for Hope Bancorp are expected to grow by 44.21% in the coming year, from $0.95 to $1.37 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Hope Bancorp is 10.53, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 124.76.Price to Earnings Ratio vs. SectorThe P/E ratio of Hope Bancorp is 10.53, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 40.90.Price to Book Value per Share RatioHope Bancorp has a P/B Ratio of 0.60. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about Hope Bancorp's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Porter & CompanyThis military-backed stock “owns” AI marketThe AI boom is just getting started. And the real wealth has still to be made…You must read this new presentation from Porter Stansberry. About Hope Bancorp Stock (NASDAQ:HOPE)Hope Bancorp, Inc. operates as the bank holding company for Bank of Hope that provides retail and commercial banking services for businesses and individuals in the United States. It accepts personal and business checking, money market, savings, time deposit, and individual retirement accounts. The company also offers loans comprising commercial and industrial loans to businesses for various purposes, such as working capital, purchasing inventory, debt refinancing, business acquisitions, international trade finance, other business-related financing, and loans syndication services; commercial real estate loans; residential mortgage loans; small business administration loans; and consumer loans, such as single-family mortgage, home equity, automobile, credit card, and personal loans. In addition, it provides internet banking and bill-pay, remote deposit capture, lock box, and ACH origination services; treasury management services; foreign currency exchange transactions; interest rate contracts and wealth management services; automated teller machine services; and engages in investment activities. Hope Bancorp, Inc. was founded in 1986 and is headquartered in Los Angeles, California.Read More HOPE Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart HOPE Stock News HeadlinesMay 22, 2024 | insidertrades.comInsider Selling: Hope Bancorp, Inc. (NASDAQ:HOPE) EVP Sells 4,200 Shares of StockMay 28, 2024 | news.yahoo.comIs the U.S. slowly trying to improve relations with Cuba? Let’s hope not | OpinionMay 28, 2024 | msn.comAfter Kansas bank collapsed, former CEO admits to embezzling $47 million for crypto schemeMay 28, 2024 | msn.comRegional Food Bank of Oklahoma kicks off summer feeding programMay 28, 2024 | msn.comEx-Georgia Senate candidate Herschel Walker still has $4 million left in the bank from his unsuccessful 2022 run. Republicans aren't happy about it.May 28, 2024 | msn.comMy Brother Robbed a Bank. After His Release, Tragedy StruckMay 28, 2024 | msn.comSeveral factors could push Ukraine's inflation rate to new heights - Ukrainian National Bank chair tells NVMay 27, 2024 | forbes.comMan-Made Turtle ‘Homes’ Crafted From Lichen And Moss Spark HopeMay 27, 2024 | bloomberg.comBets on Canada Rate Cut Hold Out Hope for Underperforming BanksMay 24, 2024 | msn.comNew hope is budding for Washington pot shops seeking to go cashlessMay 23, 2024 | msn.comBaltimore archdiocese’s final plans seal pain for some Catholics, give hope to othersMay 23, 2024 | msn.comNon-profit ‘Seeds of Hope’ needing help picking corn crop for food pantriesMay 23, 2024 | msn.comInfluential survey offers hope Bank of England may cut interest rates in AugustMay 22, 2024 | bizjournals.comTexas Capital Bank aims to become one of 3 biggest muni bond underwriters in TexasMay 22, 2024 | msn.comGallant lifts order barring access to evacuated settlements in northern West BankMay 22, 2024 | msn.comOpinion: The world community needs to put two-state facts on the ground and give Palestinians hopeMay 22, 2024 | bloomberg.com‘Emerging Markets’ Offers More Hope Than ‘Global South’May 21, 2024 | yahoo.comA hotel and parking garage in Columbia’s Five Points? City leaders hope for state money to helpMay 21, 2024 | msn.comEximbank builds Forest of Hope with Korea's national flower in YeouidoMay 21, 2024 | msn.comHomeowners given hope of THREE interest rate cuts this year by a new report by leading economistsMay 21, 2024 | bizjournals.comOceanFirst Bank grows in Philadelphia, takes another run at Washington with former TD execMay 20, 2024 | yahoo.comTusk: Poland signs contract with European Investment Bank to join Sky Shield InitiativeMay 20, 2024 | msn.comJobs hope as Middlesbrough's GB Bank secures £85m investmentMay 18, 2024 | msn.comIt's Not Too Late for the U.S. To Give Palestinians Hope for Statehood | OpinionMay 17, 2024 | msn.comCanine blood bank opens in El Dorado HillsSee More Headlines 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 Company Calendar Last Earnings4/29/2024Ex-Dividend for 5/23 Dividend5/08/2024Dividend Payable5/23/2024Today6/02/2024Next Earnings (Estimated)7/22/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorFinance Industry National commercial banks Sub-IndustryRegional Banks Current SymbolNASDAQ:HOPE CUSIP07329510 CIK1128361 Webwww.bankofhope.com Phone(213) 639-1700Fax213-235-3033Employees1,244Year FoundedN/APrice Target and Rating Average Stock Price Target$11.83 High Stock Price Target$12.50 Low Stock Price Target$11.00 Potential Upside/Downside+12.4%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$1.00 Trailing P/E Ratio10.53 Forward P/E Ratio11.08 P/E GrowthN/ANet Income$133.67 million Net Margins10.80% Pretax Margin14.44% Return on Equity6.43% Return on Assets0.69% Debt Debt-to-Equity Ratio0.43 Current Ratio1.00 Quick Ratio1.00 Sales & Book Value Annual Sales$1.09 billion Price / Sales1.16 Cash Flow$1.34 per share Price / Cash Flow7.86 Book Value$17.51 per share Price / Book0.60Miscellaneous Outstanding Shares120,610,000Free Float114,234,000Market Cap$1.27 billion OptionableOptionable Beta1.15 7 Stocks to Buy And Hold ForeverClick the link below and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising. Get This Free Report Key ExecutivesMr. Kevin Sung Kim J.D. (Age 66)Chairman, President & CEO Comp: $1.77MMs. Julianna Balicka (Age 46)Executive VP & CFO Comp: $586.5kMr. Peter J. Koh (Age 47)Senior EVP & COO Comp: $619.96kMr. Thomas P. Stenger (Age 64)Senior EVP & Chief Risk Officer Comp: $736.55kMs. Kyu S. Kim (Age 63)Senior EVP & Chief Commercial Banking Officer of Bank of Hope Comp: $611.39kMr. Daniel H. Kim (Age 56)Executive VP and Chief Strategy & Administrative Officer Ms. Angie YangSenior VP and Director of IR & Corporate CommunicationsMs. Angelee J. Harris (Age 54)Executive VP, General Counsel & Corporate Secretary Mr. Jason K. Kim (Age 57)Senior EVP & President of Western Regional of Bank of Hope Comp: $343.35kMr. Andy ChanExecutive VP & Chief Internal Audit ExecutiveMore ExecutivesKey CompetitorsMeridian BancorpNASDAQ:EBSBWestamerica BancorporationNASDAQ:WABCNorthwest BancsharesNASDAQ:NWBISandy Spring BancorpNASDAQ:SASRNicolet BanksharesNASDAQ:NCBSView All CompetitorsInsiders & InstitutionsBoston PartnersBought 51,207 shares on 5/28/2024Ownership: 1.019%Angelee HarrisSold 4,200 sharesTotal: $44,856.00 ($10.68/share)EMC Capital ManagementBought 6,500 shares on 5/20/2024Ownership: 0.025%Comerica BankSold 5,996 shares on 5/17/2024Ownership: 0.092%California State Teachers Retirement SystemSold 6,197 shares on 5/16/2024Ownership: 0.099%View All Insider TransactionsView All Institutional Transactions HOPE Stock Analysis - Frequently Asked Questions Should I buy or sell Hope Bancorp stock right now? 3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Hope Bancorp in the last twelve months. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities 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 target for 2024? 3 brokers have issued twelve-month target prices for Hope Bancorp's stock. Their HOPE share price targets range from $11.00 to $12.50. On average, they predict the company's share price to reach $11.83 in the next year. This suggests a possible upside of 12.4% 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 2024? Hope Bancorp's stock was trading at $12.08 at the beginning of the year. Since then, HOPE shares have decreased by 12.8% and is now trading at $10.53. View the best growth stocks for 2024 here. Are investors shorting Hope Bancorp? Hope Bancorp saw a increase in short interest in May. As of May 15th, there was short interest totaling 2,420,000 shares, an increase of 27.4% from the April 30th total of 1,900,000 shares. Based on an average daily trading volume, of 612,700 shares, the days-to-cover ratio is presently 3.9 days. Currently, 2.1% of the company's stock are sold short. View Hope Bancorp's Short Interest. When is Hope Bancorp's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, July 22nd 2024. View our HOPE earnings forecast. How were Hope Bancorp's earnings last quarter? Hope Bancorp, Inc. (NASDAQ:HOPE) posted its quarterly earnings results on Monday, April, 29th. The financial services provider reported $0.21 EPS for the quarter, missing the consensus estimate of $0.26 by $0.05. The financial services provider had revenue of $123.30 million for the quarter, compared to analysts' expectations of $130.42 million. Hope Bancorp had a net margin of 10.80% and a trailing twelve-month return on equity of 6.43%. The business's quarterly revenue was down 14.9% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.33 earnings per share. How often does Hope Bancorp pay dividends? What is the dividend yield for Hope Bancorp? Hope Bancorp announced a quarterly dividend on Monday, April 29th. Investors of record on Thursday, May 9th will be given a dividend of $0.14 per share on Thursday, May 23rd. This represents a $0.56 dividend on an annualized basis and a dividend yield of 5.32%. The ex-dividend date of this dividend is Wednesday, May 8th. Read our dividend analysis for HOPE. 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 5.32%. HOPE has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 56.00%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HOPE will have a dividend payout ratio of 40.88% next year. This indicates that the company will be able to sustain or increase its dividend. 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 Invesco KBW Regional Banking ETF (KBWR) and First Trust NASDAQ ABA Community Bank Index Fund (QABA).Hartford Multifactor Small Cap ETF (ROSC). 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 Xtrackers California Municipal Bond ETF (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). Who are Hope Bancorp's major shareholders? Hope Bancorp's stock is owned by many different retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (11.34%), LSV Asset Management (2.01%), Boston Partners (1.02%), Assenagon Asset Management S.A. (0.58%), Principal Financial Group Inc. (0.52%) and Empowered Funds LLC (0.26%). Insiders that own company stock include Angelee Harris, Dale S Zuehls, 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:HOPE) was last updated on 6/2/2024 by MarketBeat.com Staff From Our PartnersTrump’s Gift Could Unleash $51 Billion in New WealthWealthpin ProThe #1 Crypto That You Don’t Own… YetCrypto 101 MediaBiden replacement revealed?Paradigm PressBiden Nomination CANCELED?The Freeport SocietyWarren Buffett, Jeff Bezos, Michael Bloomberg, & 48 Members of Congress Are Buying ONE Sector…InvestorPlaceNvidia has Apple and Microsoft within striking rangeWeiss RatingsDon’t buy a single NVIDIA share before you see this...Behind the MarketsExposed: 10 CENT Crypto to Explode May 20th?True Market Insiders Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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