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 Date4/26/2019 (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, February 1st. Investors of record on Friday, February 15th will be given a dividend of $0.11 per share on Thursday, February 28th. This represents a $0.44 dividend on an annualized basis and a yield of 1.74%. The ex-dividend date is Thursday, February 14th. View Oppenheimer's Dividend History.
How will Oppenheimer's stock buyback program work?
Oppenheimer announced that its board has approved a stock buyback plan on Sunday, June 4th 2017, which authorizes the company to buyback 650,000 shares, according to EventVestor. This buyback authorization authorizes the company to purchase shares of its stock through open market purchases. Stock buyback plans are often an indication that the company's management believes its stock is undervalued.
How were Oppenheimer's earnings last quarter?
Oppenheimer Holdings Inc. (NYSE:OPY) posted its quarterly earnings data on Friday, February, 1st. The financial services provider reported $0.59 earnings per share for the quarter, missing the consensus estimate of $0.73 by $0.14. The financial services provider had revenue of $243.25 million for the quarter. Oppenheimer had a return on equity of 7.06% and a net margin of 3.02%. 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 reports. The research group scores the sentiment of news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Oppenheimer earned a media sentiment score of -1.6 on InfoTrie's scale. They also assigned news headlines about the financial services provider a news buzz of 5.0 out of 10, indicating that recent news coverage is somewhat likely to have an effect on the company's share price in the next several days.
Who are some of Oppenheimer's key competitors?
Some companies that are related to Oppenheimer include Waddell & Reed Financial (WDR), Wisdom Tree Investments (WETF), Piper Jaffray Companies (PJC), Investment Technology Group (ITG), Associated Capital Group (AC), Gamco Investors (GBL), Freedom (FRHC), Greenhill & Co., Inc. (GHL), Cowen (COWN), Siebert Financial (SIEB), JMP Group (JMP), China Finance Online (JRJC), Gleacher & Co. Ltd. (GLCH), Global Arena (GAHC) and Capital Financial (CPFH).
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, Exec. VP & CFO (Age 49)
- Mr. Bryan Edward McKigney, Pres of Oppenheimer Asset Management Inc (Age 60)
- Mr. John Anthony Benedetto, Exec. VP & COO
- Mr. Douglas T. Siegel, MD & Chief Compliance Officer
Who are Oppenheimer's major shareholders?
Oppenheimer's stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (5.48%), Dimensional Fund Advisors LP (4.45%), Dimensional Fund Advisors LP (4.45%), Acadian Asset Management LLC (1.63%), Geode Capital Management LLC (1.27%) and Geode Capital Management LLC (1.27%). View Institutional Ownership Trends for Oppenheimer.
Which institutional investors are selling Oppenheimer stock?
OPY stock was sold by a variety of institutional investors in the last quarter, including Two Sigma Investments LP, Two Sigma Advisers LP, D. E. Shaw & Co. Inc., GSA Capital Partners LLP, Barrow Hanley Mewhinney & Strauss LLC, California Public Employees Retirement System, Acadian Asset Management LLC and Chicago Equity Partners LLC. View Insider Buying and Selling for Oppenheimer.
Which institutional investors are buying Oppenheimer stock?
OPY stock was purchased by a variety of institutional investors in the last quarter, including Municipal Employees Retirement System of Michigan, Geode Capital Management LLC, Geode Capital Management LLC, Assenagon Asset Management S.A., Martingale Asset Management L P, Prudential Financial Inc., Bank of New York Mellon Corp and BlackRock Inc.. 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 $25.25.
How big of a company is Oppenheimer?
Oppenheimer has a market capitalization of $329.51 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.
