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S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
What to Expect from the Markets in a Recession
pixel
China July exports rise, with trade surplus at record-high
What's in Democrats' big bill? Climate, health care, savings
Shift in war's front seen as ships cleared to leave Ukraine
Demand for grocery delivery cools as food costs rise
Transit woes mount for Boston's beleaguered subway riders
Bangladesh seeks China help to repatriate Rohingya refugees
pixel
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
What to Expect from the Markets in a Recession
pixel
China July exports rise, with trade surplus at record-high
What's in Democrats' big bill? Climate, health care, savings
Shift in war's front seen as ships cleared to leave Ukraine
Demand for grocery delivery cools as food costs rise
Transit woes mount for Boston's beleaguered subway riders
Bangladesh seeks China help to repatriate Rohingya refugees
pixel
S&P 500   4,145.19
DOW   32,803.47
QQQ   321.75
What to Expect from the Markets in a Recession
pixel
China July exports rise, with trade surplus at record-high
What's in Democrats' big bill? Climate, health care, savings
Shift in war's front seen as ships cleared to leave Ukraine
Demand for grocery delivery cools as food costs rise
Transit woes mount for Boston's beleaguered subway riders
Bangladesh seeks China help to repatriate Rohingya refugees
pixel
NASDAQ:OPOF

Old Point Financial - OPOF Stock Forecast, Price & News

$23.50
0.00 (0.00%)
(As of 08/5/2022 08:49 PM ET)
Add
Compare
Today's Range
$23.50
$23.50
50-Day Range
$23.50
$25.28
52-Week Range
$20.50
$27.99
Volume
400 shs
Average Volume
5,500 shs
Market Capitalization
$119.78 million
P/E Ratio
16.32
Dividend Yield
2.21%
Price Target
N/A

Old Point Financial MarketRank™ Forecast

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Healthy
0.01% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Selling Shares
$372,000 Sold Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.38 out of 5 stars

Finance Sector

507th out of 1,175 stocks

National Commercial Banks Industry

50th out of 102 stocks

OPOF stock logo

About Old Point Financial (NASDAQ:OPOF) Stock

Old Point Financial Corporation operates as the bank holding company for The Old Point National Bank of Phoebus that provides consumer, mortgage, and business banking services for individual and commercial customers in Virginia. The company offers deposit products, including interest-bearing transaction accounts, money market deposit accounts, savings accounts, time deposits, and demand deposits. It also provides real estate construction, commercial, and mortgage loans, such as residential 1-4 family mortgages, multi-family and second mortgages, and equity lines of credit; and other loans, as well as cash management services. In addition, the company offers retirement planning, estate planning, financial planning, estate and trust administration, retirement plan administration, tax, and investment management services; and insurance products and wealth management services. It operates 14 branches in the Hampton Roads localities of Hampton, Newport News, Norfolk, Virginia Beach, Chesapeake, Williamsburg/James City County, York County, and Isle of Wight County; a loan production office in Richmond, Virginia; and a mortgage loan origination office in Charlotte, North Carolina. The company was founded in 1922 and is headquartered in Hampton, Virginia.

Old Point Financial Price Performance

Old Point Financial stock remained flat at $23.50 during trading on Friday. 464 shares of the company were exchanged, compared to its average volume of 3,633. Old Point Financial has a 52-week low of $20.50 and a 52-week high of $27.99. The business's 50-day moving average price is $24.53 and its 200 day moving average price is $24.94. The stock has a market capitalization of $119.85 million, a price-to-earnings ratio of 16.32 and a beta of 0.70.

Old Point Financial (NASDAQ:OPOF - Get Rating) last posted its earnings results on Tuesday, July 26th. The bank reported $0.37 EPS for the quarter. Old Point Financial had a net margin of 13.13% and a return on equity of 6.44%. The business had revenue of $13.82 million for the quarter.

Old Point Financial Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, June 24th. Stockholders of record on Wednesday, June 1st were given a dividend of $0.13 per share. The ex-dividend date was Tuesday, May 31st. This represents a $0.52 annualized dividend and a dividend yield of 2.21%. Old Point Financial's dividend payout ratio is currently 36.11%.

Insider Activity at Old Point Financial

In other Old Point Financial news, major shareholder Martin S. Friedman sold 15,000 shares of the company's stock in a transaction dated Thursday, June 23rd. The shares were sold at an average price of $24.80, for a total value of $372,000.00. Following the completion of the sale, the insider now directly owns 497,121 shares of the company's stock, valued at approximately $12,328,600.80. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 16.18% of the stock is currently owned by insiders.

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OPOF Stock News Headlines

Old Point Releases Second Quarter 2022 Results
Old Point Releases First Quarter 2022 Results
Old Point Financial declares $0.13 dividend
Old Point Announces New Trust President & CEO
Old Point National Bank Named Top Workplace
Old Point National Bank Grows Richmond Commercial Team
Old Point Financial Corporation (OPOF)
Old Point Releases Second Quarter 2021 Results
See More Headlines
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OPOF Company Calendar

Ex-Dividend for 6/24 Dividend
5/31/2022
Dividend Payable
6/24/2022
Last Earnings
7/26/2022
Today
8/08/2022
Next Earnings (Estimated)
10/25/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
National commercial banks
Sub-Industry
N/A
Sector
Finance
Current Symbol
NASDAQ:OPOF
Employees
273
Year Founded
N/A

Profitability

Net Income
$8.44 million
Pretax Margin
15.16%

Debt

Sales & Book Value

Annual Sales
$57.14 million
Cash Flow
$2.27 per share
Book Value
$23.03 per share

Miscellaneous

Free Float
4,272,000
Market Cap
$119.78 million
Optionable
Not Optionable
Beta
0.70

Key Executives














OPOF Stock - Frequently Asked Questions

How has Old Point Financial's stock price performed in 2022?

Old Point Financial's stock was trading at $23.37 on January 1st, 2022. Since then, OPOF stock has increased by 0.6% and is now trading at $23.50.
View the best growth stocks for 2022 here
.

Are investors shorting Old Point Financial?

Old Point Financial saw a decrease in short interest in July. As of July 15th, there was short interest totaling 300 shares, a decrease of 40.0% from the June 30th total of 500 shares. Based on an average daily trading volume, of 3,200 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the shares of the company are sold short.
View Old Point Financial's Short Interest
.

When is Old Point Financial's next earnings date?

Old Point Financial is scheduled to release its next quarterly earnings announcement on Tuesday, October 25th 2022.
View our earnings forecast for Old Point Financial
.

How were Old Point Financial's earnings last quarter?

Old Point Financial Co. (NASDAQ:OPOF) issued its earnings results on Tuesday, July, 26th. The bank reported $0.37 EPS for the quarter. The bank earned $13.82 million during the quarter. Old Point Financial had a net margin of 13.13% and a trailing twelve-month return on equity of 6.44%.

How often does Old Point Financial pay dividends? What is the dividend yield for Old Point Financial?

Old Point Financial declared a quarterly dividend on Wednesday, May 18th. Stockholders of record on Wednesday, June 1st will be given a dividend of $0.13 per share on Friday, June 24th. This represents a $0.52 annualized dividend and a dividend yield of 2.21%. The ex-dividend date is Tuesday, May 31st.
View Old Point Financial's dividend history
.

Is Old Point Financial a good dividend stock?

Old Point Financial(NASDAQ:OPOF) pays an annual dividend of $0.52 per share and currently has a dividend yield of 2.21%. Old Point Financial does not yet have a strong track record of dividend growth. The dividend payout ratio of Old Point Financial is 36.11%. This payout ratio is at a healthy, sustainable level, below 75%.
View Old Point Financial's dividend history.

What is Robert F. Shuford Sr.'s approval rating as Old Point Financial's CEO?

6 employees have rated Old Point Financial CEO Robert F. Shuford Sr. on Glassdoor.com. Robert F. Shuford Sr. has an approval rating of 100% among Old Point Financial's employees. This puts Robert F. Shuford Sr. in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Old Point Financial own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Old Point Financial investors own include Main Street Capital (MAIN), Boeing (BA), General Motors (GM), NVIDIA (NVDA), Overstock.com (OSTK), Pure Storage (PSTG), QUALCOMM (QCOM), Riot Blockchain (RIOT), CalAmp (CAMP) and Delphi Technologies (DLPH).

What is Old Point Financial's stock symbol?

Old Point Financial trades on the NASDAQ under the ticker symbol "OPOF."

Who are Old Point Financial's major shareholders?

Old Point Financial's stock is owned by a variety of institutional and retail investors. Top institutional investors include OLD Point Trust & Financial Services N A (3.93%) and PBMares Wealth Management LLC (0.76%). Company insiders that own Old Point Financial stock include A Eric Kauders Jr, Elizabeth S Wash, Elizabeth S Wash, Joseph R Witt, Joseph R Witt, Martin S Friedman, Michael A Glasser, Pl Capital Advisors, Llc, Robert F Shuford Jr, Sarah B Golden, Stephen Conway Adams, Susan Ralston, Tom B Langley, William F Keefe and William F Keefe.
View institutional ownership trends for Old Point Financial
.

How do I buy shares of Old Point Financial?

Shares of OPOF 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.
Compare Top Brokerages Here.

What is Old Point Financial's stock price today?

One share of OPOF stock can currently be purchased for approximately $23.50.

How much money does Old Point Financial make?

Old Point Financial (NASDAQ:OPOF) has a market capitalization of $119.85 million and generates $57.14 million in revenue each year. The bank earns $8.44 million in net income (profit) each year or $1.44 on an earnings per share basis.

How many employees does Old Point Financial have?

Old Point Financial employs 273 workers across the globe.

How can I contact Old Point Financial?

Old Point Financial's mailing address is 101 EAST QUEEN STREET, HAMPTON VA, 23669. The official website for Old Point Financial is www.oldpoint.com. The bank can be reached via phone at (757) 728-1200, via email at lwright@oldpoint.com, or via fax at 757-728-1279.

This page (NASDAQ:OPOF) was last updated on 8/8/2022 by MarketBeat.com Staff

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