NASDAQ:OPBOpus Bank Stock Price, Forecast & News

$20.54

-0.12 (-0.58 %)

(As of 05/28/2020 02:39 PM ET)

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Today's Range

$20.17

Now: $20.54▼

$21.05

50-Day Range

$15.01

MA: $16.99▼

$19.22

52-Week Range

$13.07

Now: $20.54▼

$28.37

Volume193,408 shs

Average Volume205,943 shs

Market Capitalization$747.25 million

P/E RatioN/A

Dividend Yield2.29%

Beta1.37

Opus Bank provides various banking products, services, and solutions for small and mid-sized companies, entrepreneurs, real estate investors, professionals, and high net worth individuals. The company accepts demand deposits, checking accounts, money market accounts, savings accounts, and certificates of deposit. Its loan products include multifamily residential loans, commercial real estate loans, commercial business loans, small business administration loans, and construction loans; and loans and lines for working capital, expansion, acquisitions, consolidation, and transition. The company also offers financial and advisory services related to raising equity capital, targeted acquisition and divestiture strategies, general mergers and acquisitions, debt and equity financing, balance sheet restructuring, valuation, strategy, and performance improvement. In addition, it provides commercial escrow services and facilitates tax-deferred commercial exchanges; and treasury, cash management, and depository solutions. As of January 28, 2019, it operated 47 banking offices, including 28 in California, 16 in the Seattle/Puget Sound region in Washington, 2 in the Phoenix metropolitan area of Arizona, and 1 in Portland, Oregon. The company was formerly known as Bay Cities National Bank. Opus Bank was founded in 1982 and is headquartered in Irvine, California.

Beat the Market (BTM) Rank^™

3.4 Analyst's Opinion

Consensus Rating
Opus Bank has received a consensus rating of Buy. The company's average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $29.00, Opus Bank has a potential upside of 41.2% from its current price of $20.54.
Amount of Analyst Coverage
Opus Bank has received no research coverage in the past 90 days.

2.3 Community Rank

Outperform Votes
Opus Bank has received 299 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Opus Bank has received 354 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Opus Bank has received 54.21% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Opus Bank and other stocks. Vote “Outperform” if you believe OPB will outperform the S&P 500 over the long term. Vote “Underperform” if you believe OPB will underperform the S&P 500 over the long term. You may vote once every thirty days.

3.3 Dividend Strength

Dividend Leadership
Opus Bank is a leading dividend payer. It pays a dividend yield of 2.29%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Opus Bank has only been increasing its dividend for 4 years.
Dividend Coverage
The dividend payout ratio of Opus Bank is 25.00 %. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Opus Bank will have a dividend payout ratio of 29.73 % next year. This indicates that Opus Bank will be able to sustain or increase its dividend.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Opus Bank insiders have not sold or bought any company stock.
Percentage Held by Institutions
90.86% of the stock of Opus Bank is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3 Earnings and Valuation

Earnings Growth
Earnings for Opus Bank are expected to grow by 12.12% in the coming year, from $1.32 to $1.48 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Opus Bank is -20.40, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Opus Bank is -20.40, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Opus Bank has a P/B Ratio of 0.76. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

2.25 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Commercial banks, not elsewhere classified

Sub-IndustryN/A

SectorFinance

Current SymbolNASDAQ:OPB

Previous Symbol

CUSIPN/A

CIKN/A

Webwww.opusbank.com

Phone949-250-9800

Debt

Debt-to-Equity Ratio0.60

Current Ratio1.01

Quick Ratio0.96

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E Ratio15.56

P/E GrowthN/A

Sales & Book Value

Annual Sales$326.98 million

Price / Sales2.29

Cash Flow$2.50 per share

Price / Cash Flow8.20

Book Value$26.86 per share

Price / Book0.76

Profitability

EPS (Most Recent Fiscal Year)$1.76

Net Income$61.83 million

Net Margins-10.21%

Return on Equity6.63%

Return on Assets0.86%

Miscellaneous

Employees794

Outstanding Shares36,380,000

Market Cap$747.25 million

Next Earnings Date8/3/2020 (Estimated)

OptionableOptionable

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Opus Bank (NASDAQ:OPB) Frequently Asked Questions

How has Opus Bank's stock been impacted by COVID-19 (Coronavirus)?

Opus Bank's stock was trading at $16.85 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, OPB shares have increased by 21.9% and is now trading at $20.54. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Opus Bank?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Opus Bank in the last year. There are currently 1 hold rating and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Opus Bank.

When is Opus Bank's next earnings date?

Opus Bank is scheduled to release its next quarterly earnings announcement on Monday, August 3rd 2020. View our earnings forecast for Opus Bank.

How were Opus Bank's earnings last quarter?

Opus Bank (NASDAQ:OPB) issued its earnings results on Tuesday, April, 28th. The financial services provider reported $0.35 EPS for the quarter, topping analysts' consensus estimates of $0.34 by $0.01. The financial services provider earned $64.98 million during the quarter, compared to analysts' expectations of $61.85 million. Opus Bank had a negative net margin of 10.21% and a positive return on equity of 6.63%. View Opus Bank's earnings history.

How often does Opus Bank pay dividends? What is the dividend yield for Opus Bank?

Opus Bank announced a quarterly dividend on Tuesday, April 28th. Shareholders of record on Friday, May 8th will be given a dividend of $0.11 per share on Friday, May 22nd. This represents a $0.44 dividend on an annualized basis and a yield of 2.14%. The ex-dividend date is Thursday, May 7th. View Opus Bank's dividend history.

What price target have analysts set for OPB?

4 Wall Street analysts have issued 12-month price targets for Opus Bank's stock. Their forecasts range from $24.00 to $33.00. On average, they anticipate Opus Bank's stock price to reach $29.00 in the next year. This suggests a possible upside of 41.2% from the stock's current price. View analysts' price targets for Opus Bank.

Has Opus Bank been receiving favorable news coverage?

Press coverage about OPB stock has trended very negative recently, according to InfoTrie. The research group rates the sentiment of media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Opus Bank earned a media sentiment score of -3.8 on InfoTrie's scale. They also gave media headlines about the financial services provider a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the near term. View the latest news aboutOpus Bank.

Are investors shorting Opus Bank?

Opus Bank saw a decline in short interest in April. As of April 30th, there was short interest totaling 361,700 shares, a decline of 5.6% from the April 15th total of 383,300 shares. Based on an average daily volume of 415,600 shares, the short-interest ratio is currently 0.9 days. Approximately 1.3% of the company's shares are sold short. View Opus Bank's Current Options Chain.

Who are some of Opus Bank's key competitors?

Some companies that are related to Opus Bank include Banco Macro (BMA), Grupo Financiero Galicia (GGAL), Bank of N.T. Butterfield & Son (NTB), Itau Corpbanca (ITCB), SURUGA BANK ADR REP 10 (SUGBY), BBVA Banco Frances (BBAR), Banco Latinoamericano de Comerci Extr (BLX), Peapack-Gladstone Financial (PGC), Bco Com Portugues (BPCGY), Grupo Supervielle (SUPV), American Business Bank (AMBZ), Esquire Financial (ESQ), Idaho Independent Bank (IIBK), ST BK CORP/SH SH (SBAZ) and Mainstreet Bank Common Stock (Virginia) (MNSB). View all competitors.

What other stocks do shareholders of Opus Bank own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Opus Bank investors own include Bank of America (BAC), Chevron (CVX), Las Vegas Sands (LVS), Methanex (MEOH), Altria Group (MO), Pfizer (PFE), AT&T (T), AbbVie (ABBV), American Eagle Outfitters (AEO) and Enterprise Products Partners (EPD).

Who are Opus Bank's key executives?

Opus Bank's management team includes the following people:

Mr. Kevin L. Thompson, Exec. VP & CFO (Age 46)
Mr. Edward Padilla, Vice Chairman, Co-Chief Lending Officer & Head of Commercial Real Estate Banking (Age 50)
Mr. Brian Fitzmaurice, Vice Chairman & Sr. Chief Credit Officer (Age 58)
Mr. Paul W. Taylor, Pres, CEO & Director (Age 58)
Ms. Jennifer Simmons, Exec. VP & COO (Age 45)

What is Opus Bank's stock symbol?

Opus Bank trades on the NASDAQ under the ticker symbol "OPB."

Who are Opus Bank's major shareholders?

Opus Bank's stock is owned by many different institutional and retail investors. Top institutional investors include BlackRock Inc. (9.80%), Aristotle Capital Boston LLC (6.01%), ARP Americas LP (3.16%), Alliancebernstein L.P. (2.55%), State Street Corp (2.40%) and Invesco Ltd. (1.87%).

Which major investors are selling Opus Bank stock?

OPB stock was sold by a variety of institutional investors in the last quarter, including Castine Capital Management LLC, Deutsche Bank AG, Invesco Ltd., BlackRock Inc., Stieven Capital Advisors L.P., Aristotle Capital Boston LLC, Russell Investments Group Ltd., and Hennessy Advisors Inc..

Which major investors are buying Opus Bank stock?

OPB stock was acquired by a variety of institutional investors in the last quarter, including ARP Americas LP, UBS Group AG, Morgan Stanley, Morgan Stanley, Two Sigma Advisers LP, CNH Partners LLC, Healthcare of Ontario Pension Plan Trust Fund, and SG Americas Securities LLC.

How do I buy shares of Opus Bank?

Shares of OPB 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, Robinhood, Fidelity, and Charles Schwab.

What is Opus Bank's stock price today?

One share of OPB stock can currently be purchased for approximately $20.54.

How big of a company is Opus Bank?

Opus Bank has a market capitalization of $747.25 million and generates $326.98 million in revenue each year. The financial services provider earns $61.83 million in net income (profit) each year or $1.76 on an earnings per share basis. Opus Bank employs 794 workers across the globe.

What is Opus Bank's official website?

The official website for Opus Bank is www.opusbank.com.

How can I contact Opus Bank?

Opus Bank's mailing address is 19900 MACARTHUR BOULEVARD 12TH FLOOR, IRVINE CA, 92612. The financial services provider can be reached via phone at 949-250-9800 or via email at [email protected]

This page was last updated on 5/28/2020 by MarketBeat.com Staff