Old Point Financial (OPOF) Stock Forecast, Price & News

Old Point Financial's stock was trading at $27.00 at the start of the year. Since then, OPOF shares have decreased by 35.9% and is now trading at $17.30.
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The company is scheduled to release its next quarterly earnings announcement on Monday, November 13th 2023.
View our OPOF earnings forecast.

Old Point Financial Co. (NASDAQ:OPOF) issued its quarterly earnings data on Thursday, July, 27th. The bank reported $0.36 EPS for the quarter. The bank had revenue of $15.58 million for the quarter. Old Point Financial had a net margin of 14.11% and a trailing twelve-month return on equity of 10.14%.

Old Point Financial announced a quarterly dividend on Tuesday, August 15th. Shareholders of record on Wednesday, September 6th will be paid a dividend of $0.14 per share on Friday, September 29th. This represents a $0.56 annualized dividend and a dividend yield of 3.24%. The ex-dividend date is Tuesday, September 5th.
Read our dividend analysis for OPOF.

Old Point Financial (NASDAQ:OPOF) pays an annual dividend of $0.56 per share and currently has a dividend yield of 3.27%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 27.72%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for OPOF.

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

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 Platforms (RIOT), CalAmp (CAMP) and Delphi Technologies (DLPH).

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

Old Point Financial's stock is owned by many different institutional and retail investors. Top institutional shareholders include PL Capital Advisors LLC (12.17%), OLD Point Trust & Financial Services N A (5.76%), Geode Capital Management LLC (0.74%), BlackRock Inc. (0.72%), Renaissance Technologies LLC (0.55%) and State Street Corp (0.39%). Insiders that own company stock include A Eric Kauders Jr, Clark Rebekah Ellen Thacker, Donald S Buckless, Elizabeth S Wash, Elizabeth S Wash, John Cabot Ishon, 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.
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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.
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One share of OPOF stock can currently be purchased for approximately $17.30.

Old Point Financial (NASDAQ:OPOF) has a market capitalization of $87.19 million and generates $61.55 million in revenue each year. The bank earns $9.11 million in net income (profit) each year or $2.02 on an earnings per share basis.

The company employs 294 workers across the globe.

Old Point Financial's mailing address is 101 EAST QUEEN STREET, HAMPTON VA, 23669. The official website for the company 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.