NASDAQ:OPOFOld Point Financial Stock Price, Forecast & News

$14.50

-0.62 (-4.10 %)

(As of 04/3/2020 04:00 PM ET)

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Today's Range

$14.10

Now: $14.50▼

$15.12

50-Day Range

$11.76

MA: $21.21▼

$28.50

52-Week Range

$10.86

Now: $14.50▼

$30.05

Volume2,223 shs

Average Volume19,598 shs

Market Capitalization$75.40 million

P/E Ratio9.60

Dividend Yield3.17%

Beta1.04

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, retail, and commercial customers. 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 and real estate mortgage loans, such as residential 1-4 family mortgages, commercial real estate loans, second mortgages, and equity lines of credit; and other loans, as well as cash management services. In addition, the company, through its other subsidiary, Old Point Trust & Financial Services, N.A., provides wealth management services, which include retirement planning, estate planning, financial planning, estate and trust administration, retirement plan administration, tax services, and investment management services. As of December 31, 2017, it operated 18 branches in the Hampton Roads localities of Chesapeake, Hampton, Isle of Wight County, Newport News, Norfolk, Virginia Beach, Williamsburg/James City County, and York County. The company was founded in 1922 and is headquartered in Hampton, Virginia.

Beat the Market (BTM) Rank^™

0.0 Analyst's Opinion

Consensus Rating
There is not enough analysis data for Old Point Financial.

2.5 Community Rank

Outperform Votes
Old Point Financial has received 170 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Old Point Financial has received 175 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Old Point Financial has received 50.72% “underperform” votes from our community.

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

1.7 Dividend Strength

Dividend Leadership
Old Point Financial is a leading dividend payer. It pays a dividend yield of 3.17%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Old Point Financial has only been increasing its dividend for 1 years.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Old Point Financial insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 20.35% of the stock of Old Point Financial is held by insiders.
Percentage Held by Institutions
39.92% of the stock of Old Point Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Old Point Financial is 9.60, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 11.04.
Price to Earnings Ratio vs. Sector
The P/E ratio of Old Point Financial is 9.60, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 11.40.
Price to Book Value per Share Ratio
Old Point Financial has a P/B Ratio of 0.69. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.41 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry National commercial banks

Sub-IndustryN/A

SectorFinance

Current SymbolNASDAQ:OPOF

Previous Symbol

CUSIPN/A

CIK740971

Webhttp://www.oldpoint.com/

Phone757-728-1200

Debt

Debt-to-Equity RatioN/A

Current Ratio0.88

Quick Ratio0.88

Price-To-Earnings

Trailing P/E Ratio9.60

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$54.32 million

Price / Sales1.39

Cash Flow$2.12 per share

Price / Cash Flow6.83

Book Value$21.11 per share

Price / Book0.69

Profitability

EPS (Most Recent Fiscal Year)N/A

Net Income$7.86 million

Net Margins14.47%

Return on Equity7.29%

Return on Assets0.76%

Miscellaneous

Employees285

Outstanding Shares5,200,000

Market Cap$75.40 million

Next Earnings Date4/22/2020 (Estimated)

OptionableNot Optionable

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Old Point Financial (NASDAQ:OPOF) Frequently Asked Questions

How has Old Point Financial's stock been impacted by COVID-19 (Coronavirus)?

Old Point Financial's stock was trading at $20.37 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, OPOF shares have decreased by 28.8% and is now trading at $14.50. View which stocks have been mosted impacted by Coronavirus.

When is Old Point Financial's next earnings date?

Old Point Financial is scheduled to release its next quarterly earnings announcement on Wednesday, April 22nd 2020. 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 quarterly earnings results on Thursday, January, 30th. The bank reported $0.38 earnings per share (EPS) for the quarter. The bank had revenue of $11.73 million for the quarter. Old Point Financial had a net margin of 14.47% and a return on equity of 7.29%. View Old Point Financial's earnings history.

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 Friday, February 21st. Stockholders of record on Wednesday, March 4th will be paid a dividend of $0.12 per share on Friday, March 27th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 3.31%. The ex-dividend date is Tuesday, March 3rd. View Old Point Financial's dividend history.

Has Old Point Financial been receiving favorable news coverage?

Press coverage about OPOF stock has been trending very negative on Saturday, according to InfoTrie Sentiment. InfoTrie identifies positive and negative press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Old Point Financial earned a news sentiment score of -3.3 on InfoTrie's scale. They also gave news coverage about the bank a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View the latest news aboutOld Point Financial.

Are investors shorting Old Point Financial?

Old Point Financial saw a decrease in short interest in the month of February. As of February 28th, there was short interest totaling 2,100 shares, a decrease of 43.2% from the February 13th total of 3,700 shares. Based on an average daily volume of 2,900 shares, the days-to-cover ratio is currently 0.7 days. Currently, 0.1% of the company's shares are sold short. View Old Point Financial's Current Options Chain.

Who are some of Old Point Financial's key competitors?

Some companies that are related to Old Point Financial include Bancorp (TBBK), Guaranty Bancshares (GNTY), Peoples Financial Services (PFIS), Financial Institutions (FISI), MBT Financial (MBTF), American National BankShares (AMNB), First Bancorp (FNLC), SmartFinancial (SMBK), DNB Financial (DNBF), Southern First Bancshares (SFST), MidSouth Bancorp (MSL), National Bankshares (NKSH), Ames National (ATLO), Fidelity D&D Bancorp (FDBC) and Capital Bancorp (CBNK).

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 Walgreens Boots Alliance (WBA), AbbVie (ABBV), Bank of America (BAC), Energy Transfer LP Unit (ET), Pfizer (PFE), Toronto-Dominion Bank (TD), Coupa Software (COUP), East West Bancorp (EWBC), Five9 (FIVN) and Gilead Sciences (GILD).

Who are Old Point Financial's key executives?

Old Point Financial's management team includes the following people:

Mr. Robert F. Shuford Sr., Chairman, Pres & CEO (Age 81)
Mr. Jeffrey W. Farrar, CFO, Principal Accounting Officer & Sr. VP of Fin. (Age 58)
Mr. Joseph R. Witt, Sr. VP, Chief Bus. Devel. Officer & Director (Age 58)
Mr. Eugene M. Jordan II, Sec. & Exec. VP (Age 64)
Mr. Robert F. Shuford Jr., Director (Age 54)

What is Old Point Financial's stock symbol?

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

How do I buy shares of Old Point Financial?

Shares of OPOF 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 Old Point Financial's stock price today?

One share of OPOF stock can currently be purchased for approximately $14.50.

How big of a company is Old Point Financial?

Old Point Financial has a market capitalization of $75.40 million and generates $54.32 million in revenue each year. Old Point Financial employs 285 workers across the globe. View additional information about Old Point Financial.

What is Old Point Financial's official website?

The official website for Old Point Financial is http://www.oldpoint.com/.

How can I contact Old Point Financial?

Old Point Financial's mailing address is 101 EAST QUEEN STREET, HAMPTON VA, 23669. The bank can be reached via phone at 757-728-1200 or via email at [email protected]

This page was last updated on 4/4/2020 by MarketBeat.com Staff

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Beat the Market (BTM) Rank™

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