Origin Bancorp - OBNK Stock Forecast, Price & News

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Origin Bancorp in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" OBNK shares.
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2 Wall Street research analysts have issued 12 month price objectives for Origin Bancorp's stock. Their OBNK share price forecasts range from $41.00 to $50.00. On average, they predict the company's share price to reach $44.67 in the next year. This suggests a possible upside of 34.5% from the stock's current price.
View analysts price targets for OBNK or view top-rated stocks among Wall Street analysts.

Origin Bancorp's stock was trading at $36.70 on January 1st, 2023. Since then, OBNK shares have decreased by 9.5% and is now trading at $33.22.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 26th 2023.
View our OBNK earnings forecast.

Origin Bancorp, Inc. (NASDAQ:OBNK) posted its quarterly earnings results on Wednesday, January, 25th. The company reported $0.95 EPS for the quarter, missing analysts' consensus estimates of $0.99 by $0.04. The firm had revenue of $98.18 million for the quarter, compared to the consensus estimate of $103.20 million. Origin Bancorp had a net margin of 22.85% and a trailing twelve-month return on equity of 11.03%.

Origin Bancorp declared a quarterly dividend on Wednesday, January 25th. Investors of record on Wednesday, February 15th will be given a dividend of $0.15 per share on Tuesday, February 28th. This represents a $0.60 dividend on an annualized basis and a yield of 1.81%. The ex-dividend date of this dividend is Tuesday, February 14th.
Read our dividend analysis for OBNK.

ETFs with the largest weight of Origin Bancorp (NASDAQ:OBNK) stock in their portfolio include First Trust NASDAQ ABA Community Bank Index Fund (QABA), iShares US Small Cap Value Factor ETF (SVAL), iShares MSCI USA Small-Cap Min Vol Factor ETF (SMMV), WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS), iShares Micro-Cap ETF (IWC), SPDR S&P Regional Banking ETF (KRE), Direxion Daily Regional Banks Bull 3x Shares (DPST) and Janus Henderson Small Cap Growth Alpha ETF (JSML).

Origin Bancorp (NASDAQ:OBNK) pays an annual dividend of $0.60 per share and currently has a dividend yield of 1.85%. The company has been increasing its dividend for 4 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 18.24%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, OBNK will have a dividend payout ratio of 15.58% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for OBNK.

8 employees have rated Origin Bancorp Chief Executive Officer Drake Mills on Glassdoor.com. Drake Mills has an approval rating of 92% among the company's employees. This puts Drake Mills in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Origin Bancorp investors own include Altria Group (MO), AT&T (T), AbbVie (ABBV), Cinemark (CNK), Dominion Energy (D), Enbridge (ENB), Enterprise Products Partners (EPD), Energy Transfer (ET), Gilead Sciences (GILD) and General Mills (GIS).

(OBNK) raised $122 million in an IPO on Wednesday, May 9th 2018. The company issued 3,600,000 shares at a price of $33.00-$35.00 per share. Stephens and Raymond James acted as the underwriters for the IPO and Keefe, Bruyette & Woods (a Stifel Company) and Sandler O'Neill + Partners, L.P. were co-managers.

Origin Bancorp trades on the NASDAQ under the ticker symbol "OBNK."

Origin Bancorp's stock is owned by a variety of institutional and retail investors. Top institutional investors include T. Rowe Price Investment Management Inc. (11.12%), American Century Companies Inc. (3.17%), Geode Capital Management LLC (1.58%), Dimensional Fund Advisors LP (1.20%), Tributary Capital Management LLC (0.78%) and Bessemer Group Inc. (0.70%). Insiders that own company stock include Fred Ronnie Myrick and Michael Aubrey Jones.
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Shares of OBNK 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.
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One share of OBNK stock can currently be purchased for approximately $33.22.

Origin Bancorp (NASDAQ:OBNK) has a market capitalization of $1.02 billion and generates $383.88 million in revenue each year. The company earns $87.71 million in net income (profit) each year or $3.29 on an earnings per share basis.

The company employs 1,011 workers across the globe.

Origin Bancorp's mailing address is 500 SOUTH SERVICE ROAD EAST, RUSTON LA, 71270. The official website for the company is www.origin.bank. The company can be reached via phone at (318) 255-2222 or via email at chris@origin.bank.