Oppenheimer Holdings Inc., through its subsidiaries, provides middle-market investment bank and full service broker-dealer products and services. The company offers full-service brokerage services covering exchange-traded and over-the-counter corporate equity and debt securities, money market instruments, exchange-traded options and futures contracts, municipal bonds, mutual funds, and unit investment trusts; financial and wealth planning services; and margin lending services. It also provides asset management services, including separately managed accounts, mutual fund managed accounts, discretionary portfolio management programs, fee-based non-discretionary investment advisory services, alternative investments, portfolio enhancement programs, investment advisory services, and institutional taxable fixed income portfolio management services, as well as taxable and non-taxable fixed income portfolios and strategies. In addition, the company offers investment banking services, such as strategic advisory services and capital markets products; merger and acquisition, equities capital market, and debt capital market products and services; and institutional equity sales and trading, equity research, equity derivatives and index options, convertible bonds, and event driven sales and trading services. Further, it provides institutional fixed income sales and trading, fixed income research, public finance, and municipal trading services; repurchase agreements and securities lending services; and proprietary trading and investment activities. Additionally, the company offers underwritings, market-making, trust, and discount services. It serves high-net-worth individuals and families, corporate executives, public and private businesses, institutions and investment advisers, financial sponsors, and domestic and international investors in the Americas, Europe, the Middle East, and Asia. The company was founded in 1881 and is headquartered in New York, New York.
Industry, Sector and Symbol
Industry Security brokers & dealers
Sub-IndustryInvestment Banking & Brokerage
SectorFinance
Phone212-668-8000
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$958.15 million
Profitability
Miscellaneous
Employees2,976
Next Earnings Date7/26/2019 (Estimated)
OptionableOptionable
Oppenheimer (NYSE:OPY) Frequently Asked Questions
What is Oppenheimer's stock symbol?
Oppenheimer trades on the New York Stock Exchange (NYSE) under the ticker symbol "OPY."
How often does Oppenheimer pay dividends? What is the dividend yield for Oppenheimer?
Oppenheimer announced a quarterly dividend on Friday, April 26th. Shareholders of record on Friday, May 10th will be given a dividend of $0.11 per share on Friday, May 24th. This represents a $0.44 annualized dividend and a yield of 1.70%. The ex-dividend date is Thursday, May 9th. View Oppenheimer's Dividend History.
How will Oppenheimer's stock buyback program work?
Oppenheimer declared that its Board of Directors has authorized a share buyback plan on Sunday, June 4th 2017, which allows the company to repurchase 650,000 outstanding shares, according to EventVestor. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Stock repurchase plans are generally a sign that the company's board believes its shares are undervalued.
How were Oppenheimer's earnings last quarter?
Oppenheimer Holdings Inc. (NYSE:OPY) issued its earnings results on Friday, April, 26th. The financial services provider reported $0.81 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.55 by $0.26. The financial services provider earned $251.77 million during the quarter. Oppenheimer had a net margin of 3.42% and a return on equity of 7.80%. View Oppenheimer's Earnings History.
When is Oppenheimer's next earnings date?
Has Oppenheimer been receiving favorable news coverage?
Press coverage about OPY stock has been trending somewhat negative recently, InfoTrie Sentiment Analysis reports. The research group rates the sentiment of news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Oppenheimer earned a news sentiment score of -1.8 on InfoTrie's scale. They also gave news coverage about the financial services provider a news buzz of 9.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the company's share price in the near term.
Who are some of Oppenheimer's key competitors?
Some companies that are related to Oppenheimer include Futu (FHL), Waddell & Reed Financial (WDR), Piper Jaffray Companies (PJC), Investment Technology Group (ITG), Wisdom Tree Investments (WETF), Associated Capital Group (AC), Freedom (FRHC), Gamco Investors (GBL), Cowen (COWN), Greenhill & Co., Inc. (GHL), Siebert Financial (SIEB), JMP Group (JMP), China Finance Online (JRJC), Gleacher & Co. Ltd. (GLCH) and Global Arena (GAHC).
What other stocks do shareholders of Oppenheimer own?
Who are Oppenheimer's key executives?
Oppenheimer's management team includes the folowing people:
- Mr. Albert Grinsfelder Lowenthal, Chairman & CEO (Age 73)
- Mr. Jeffrey J. Alfano, Chief Financial Officer (Age 49)
- Mr. Bryan Edward McKigney, Pres of Oppenheimer Asset Management Inc (Age 60)
- Mr. John Anthony Benedetto, Exec. VP & COO
- Mr. Douglas Thornley Siegel, MD & Chief Compliance Officer
Who are Oppenheimer's major shareholders?
Oppenheimer's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (5.15%), Dimensional Fund Advisors LP (4.46%), Renaissance Technologies LLC (3.28%), AQR Capital Management LLC (2.37%), Man Group plc (2.34%) and Goldman Sachs Group Inc. (1.54%). View Institutional Ownership Trends for Oppenheimer.
Which major investors are selling Oppenheimer stock?
OPY stock was sold by a variety of institutional investors in the last quarter, including Acadian Asset Management LLC, BlackRock Inc., AJO LP, Morgan Stanley, Assenagon Asset Management S.A., Dimensional Fund Advisors LP, Hotchkis & Wiley Capital Management LLC and Hotchkis & Wiley Capital Management LLC. View Insider Buying and Selling for Oppenheimer.
Which major investors are buying Oppenheimer stock?
OPY stock was purchased by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Goldman Sachs Group Inc., IndexIQ Advisors LLC, AQR Capital Management LLC, Renaissance Technologies LLC, Voya Investment Management LLC, Wedge Capital Management L L P NC and SEI Investments Co. View Insider Buying and Selling for Oppenheimer.
How do I buy shares of Oppenheimer?
Shares of OPY 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, Scottrade, Fidelity and Charles Schwab.
What is Oppenheimer's stock price today?
One share of OPY stock can currently be purchased for approximately $25.93.
How big of a company is Oppenheimer?
Oppenheimer has a market capitalization of $337.66 million and generates $958.15 million in revenue each year. Oppenheimer employs 2,976 workers across the globe.
What is Oppenheimer's official website?
How can I contact Oppenheimer?
Oppenheimer's mailing address is 85 BROAD STREET, NEW YORK NY, 10004. The financial services provider can be reached via phone at 212-668-8000 or via email at [email protected]
MarketBeat Community Rating for Oppenheimer (NYSE OPY)
MarketBeat's community ratings are surveys of what our community members think about Oppenheimer and other stocks. Vote "Outperform" if you believe OPY will outperform the S&P 500 over the long term. Vote "Underperform" if you believe OPY will underperform the S&P 500 over the long term. You may vote once every thirty days.
