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. In addition, the company offers investment banking services, including strategic advisory services and capital markets products; 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, and trust services. It serves high-net-worth individuals and families, corporate executives, small and mid-sized 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
Current Ratio1.27
Quick Ratio0.71
Price-To-Earnings
Sales & Book Value
Annual Sales$920.34 million
Price / Sales0.39
Price / Cash Flow11.46
Price / Book0.68
Profitability
Net Income$22.81 million
Net Margins4.27%
Return on Assets1.71%
Miscellaneous
Employees2,992
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 declared a quarterly dividend on Friday, October 26th. Stockholders of record on Friday, November 9th will be paid a dividend of $0.11 per share on Friday, November 23rd. This represents a $0.44 dividend on an annualized basis and a dividend yield of 1.63%. The ex-dividend date is Thursday, November 8th. View Oppenheimer's Dividend History.
How will Oppenheimer's stock buyback program work?
Oppenheimer announced that its Board of Directors has authorized a share repurchase program on Sunday, June 4th 2017, which allows the company to buyback 650,000 outstanding shares, according to EventVestor. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Stock buyback programs are typically a sign that the company's management believes its stock is undervalued.
How were Oppenheimer's earnings last quarter?
Oppenheimer Holdings Inc. (NYSE:OPY) released its quarterly earnings data on Friday, October, 26th. The financial services provider reported $1.05 earnings per share (EPS) for the quarter. The financial services provider earned $237.81 million during the quarter. Oppenheimer had a return on equity of 7.86% and a net margin of 4.27%. View Oppenheimer's Earnings History.
When is Oppenheimer's next earnings date?
Has Oppenheimer been receiving favorable news coverage?
News coverage about OPY stock has been trending very positive this week, according to InfoTrie Sentiment. The research group rates the sentiment of media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Oppenheimer earned a news impact score of 3.7 on InfoTrie's scale. They also assigned news stories about the financial services provider a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the stock's share price in the immediate future.
Who are some of Oppenheimer's key competitors?
Some companies that are related to Oppenheimer include Waddell & Reed Financial (WDR), Piper Jaffray Companies (PJC), Wisdom Tree Investments (WETF), Investment Technology Group (ITG), Associated Capital Group (AC), Greenhill & Co., Inc. (GHL), Gamco Investors (GBL), Freedom (FRHC), Cowen (COWN), Siebert Financial (SIEB), JMP Group (JMP), China Finance Online (JRJC), Gleacher & Co. Ltd. (GLCH), Capital Financial (CPFH) and Global Arena (GAHC).
Who are Oppenheimer's key executives?
Oppenheimer's management team includes the folowing people:
- Mr. Albert Grinsfelder Lowenthal, Chairman & CEO (Age 72)
- Mr. Jeffrey J. Alfano, Exec. VP & CFO (Age 48)
- Mr. Bryan Edward McKigney, Pres of Oppenheimer Asset Management Inc (Age 59)
- Mr. Mark Whaley, Exec. VP of Private Client Services - Oppenheimer & Co Inc
- Mr. John Anthony Benedetto, Exec. VP & COO
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 $26.97.
How big of a company is Oppenheimer?
Oppenheimer has a market capitalization of $350.35 million and generates $920.34 million in revenue each year. Oppenheimer employs 2,992 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.
