NASDAQ:OPOFOld Point Financial Stock Price, Forecast & News

$15.20

+0.10 (+0.66 %)

(As of 05/29/2020 04:00 PM ET)

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Today's Range

$14.80

Now: $15.20▼

$15.35

50-Day Range

$14.70

MA: $15.69▼

$17.11

52-Week Range

$10.86

Now: $15.20▼

$30.05

Volume2,967 shs

Average Volume5,639 shs

Market Capitalization$79.34 million

P/E Ratio11.18

Dividend Yield3.16%

Beta0.96

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 176 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Old Point Financial has received 50.87% “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 3.16%, 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.

3.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Old Point Financial insiders have bought more of their company's stock than they have sold. Specifically, they have bought $15,100.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 20.35% of the stock of Old Point Financial is held by insiders.
Percentage Held by Institutions
Only 34.41% of the stock of Old Point Financial is held by institutions.

1.9 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Old Point Financial is 11.18, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 15.34.
Price to Earnings Ratio vs. Sector
The P/E ratio of Old Point Financial is 11.18, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 18.99.
Price to Book Value per Share Ratio
Old Point Financial has a P/B Ratio of 0.72. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.81 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

Webwww.oldpoint.com

Phone757-728-1200

Debt

Debt-to-Equity Ratio0.38

Current Ratio0.91

Quick Ratio0.91

Price-To-Earnings

Trailing P/E Ratio11.18

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$54.32 million

Price / Sales1.46

Cash Flow$2.21 per share

Price / Cash Flow6.87

Book Value$21.08 per share

Price / Book0.72

Profitability

EPS (Most Recent Fiscal Year)N/A

Net Income$7.86 million

Net Margins13.05%

Return on Equity6.49%

Return on Assets0.67%

Miscellaneous

Employees285

Outstanding Shares5,220,000

Market Cap$79.34 million

Next Earnings Date7/23/2020 (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 stock has decreased by 25.4% and is now trading at $15.20. View which stocks have been most 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 Thursday, July 23rd 2020. View our earnings forecast for Old Point Financial.

How were Old Point Financial's earnings last quarter?

Old Point Financial Co. (NASDAQ:OPOF) posted its earnings results on Thursday, April, 30th. The bank reported $0.24 earnings per share (EPS) for the quarter. The bank had revenue of $11.70 million for the quarter. Old Point Financial had a return on equity of 6.49% and a net margin of 13.05%. 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 Thursday, May 21st. Stockholders of record on Wednesday, June 3rd will be given a dividend of $0.12 per share on Friday, June 26th. This represents a $0.48 annualized dividend and a yield of 3.16%. The ex-dividend date is Tuesday, June 2nd. View Old Point Financial's dividend history.

Has Old Point Financial been receiving favorable news coverage?

Headlines about OPOF stock have trended negative on Monday, InfoTrie Sentiment Analysis reports. The research firm rates the sentiment of media coverage by analyzing 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. Old Point Financial earned a media sentiment score of -2.6 on InfoTrie's scale. They also assigned media headlines about the bank 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 next few days. View the latest news aboutOld Point Financial.

Are investors shorting Old Point Financial?

Old Point Financial saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 1,800 shares, an increase of 157.1% from the April 30th total of 700 shares. Based on an average daily volume of 10,000 shares, the short-interest ratio is currently 0.2 days. Approximately 0.0% of the shares of the stock 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 Financial Institutions (FISI), Guaranty Bancshares (GNTY), Hanmi Financial (HAFC), American National BankShares (AMNB), Peoples Financial Services (PFIS), SmartFinancial (SMBK), MBT Financial (MBTF), First Bancorp (FNLC), Southern First Bancshares (SFST), DNB Financial (DNBF), National Bankshares (NKSH), LCNB (LCNB), MidSouth Bancorp (MSL), NexPoint Real Estate Finance (PFHD) and Ames National (ATLO). View all competitors.

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 AbbVie (ABBV), Bank of America (BAC), Energy Transfer LP Unit (ET), Pfizer (PFE), Toronto-Dominion Bank (TD), Walgreens Boots Alliance (WBA), Algonquin Power & Utilities (AQN), BCE (BCE), BlackRock Resources and Commodities (BCX) and Franklin Resources (BEN).

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."

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 shareholders include Fourthstone LLC (4.66%), OLD Point Trust & Financial Services N A (4.23%), State Street Corp (0.91%), Deutsche Bank AG (0.19%) and Wells Fargo & Company MN (0.04%). Company insiders that own Old Point Financial stock include Joseph R Witt, Robert F Shuford Jr and William F Keefe. View institutional ownership trends for Old Point Financial.

Which institutional investors are selling Old Point Financial stock?

OPOF stock was sold by a variety of institutional investors in the last quarter, including OLD Point Trust & Financial Services N A, Wells Fargo & Company MN, and Deutsche Bank AG. View insider buying and selling activity for Old Point Financial.

Which institutional investors are buying Old Point Financial stock?

OPOF stock was bought by a variety of institutional investors in the last quarter, including Fourthstone LLC, and State Street Corp. Company insiders that have bought Old Point Financial stock in the last two years include Joseph R Witt, Robert F Shuford Jr, and William F Keefe. View insider buying and selling activity for Old Point Financial.

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 $15.20.

How big of a company is Old Point Financial?

Old Point Financial has a market capitalization of $79.34 million and generates $54.32 million in revenue each year. Old Point Financial employs 285 workers across the globe.

What is Old Point Financial's official website?

The official website for Old Point Financial is 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 6/1/2020 by MarketBeat.com Staff