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
SymbolNYSE:OPY
CUSIP68379710
Phone212-668-8000
Debt
Debt-to-Equity Ratio0.37
Current Ratio1.23
Quick Ratio0.68
Price-To-Earnings
Trailing P/E Ratio16.30
Forward P/E RatioN/A
P/E GrowthN/A
Sales & Book Value
Annual Sales$920.34 million
Price / Sales0.42
Cash Flow$2.3184 per share
Price / Cash12.53
Book Value$39.58 per share
Price / Book0.73
Profitability
EPS (Most Recent Fiscal Year)N/A
Net Income$22.81 million
Net Margins3.65%
Return on Equity4.82%
Return on Assets0.98%
Miscellaneous
Employees2,992
Outstanding Shares13,240,000
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, April 27th. Stockholders of record on Friday, May 11th will be given a dividend of $0.11 per share on Friday, May 25th. This represents a $0.44 annualized dividend and a dividend yield of 1.51%. The ex-dividend date is Thursday, May 10th. View Oppenheimer's Dividend History.
How will Oppenheimer's stock buyback program work?
Oppenheimer declared that its board has authorized a stock buyback 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 usually a sign that the company's leadership believes its stock is undervalued.
How were Oppenheimer's earnings last quarter?
Oppenheimer Holdings Inc. (NYSE:OPY) posted its earnings results on Friday, April, 27th. The financial services provider reported $0.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.32 by $0.16. The financial services provider had revenue of $234.53 million for the quarter. Oppenheimer had a net margin of 3.65% and a return on equity of 4.82%. View Oppenheimer's Earnings History.
Who are some of Oppenheimer's key competitors?
Some companies that are related to Oppenheimer include Piper Jaffray Companies (PJC), Associated Capital Group (AC), Gamco Investors (GBL), Investment Technology Group (ITG), Greenhill & Co., Inc. (GHL), Cowen Inc Class A (COWN), Siebert Financial (SIEB), JMP Group (JMP), China Finance Online (JRJC), Global Arena (GAHC), Gleacher & Company Inc (GLCH), Capital Financial Holdings, Inc. Common Stock (CPFH), Woodstock (WSFL) and Merriman (MERR).
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, Chief Financial Officer (Age 48)
- Mr. Bryan Edward McKigney, Pres of Oppenheimer Asset Management Inc (Age 59)
- Mr. John Anthony Benedetto, Exec. VP & COO
- Mr. Douglas T. Siegel, MD & Chief Compliance Officer
Has Oppenheimer been receiving favorable news coverage?
Media coverage about OPY stock has trended somewhat positive on Sunday, according to Accern Sentiment. The research group identifies negative and positive press coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Oppenheimer earned a news impact score of 0.09 on Accern's scale. They also assigned media headlines about the financial services provider an impact score of 45.67 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company's share price in the near term.
Who are Oppenheimer's major shareholders?
Oppenheimer's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Dimensional Fund Advisors LP (4.46%), Millennium Management LLC (1.39%), Burgundy Asset Management Ltd. (1.19%), Russell Investments Group Ltd. (1.16%), JPMorgan Chase & Co. (1.07%) and Northern Trust Corp (0.80%). 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 Burgundy Asset Management Ltd., Millennium Management LLC, JPMorgan Chase & Co., GSA Capital Partners LLP, California Public Employees Retirement System, A.R.T. Advisors LLC, C M Bidwell & Associates Ltd. and Northern Trust Corp. View Insider Buying and Selling for Oppenheimer.
Which institutional investors are buying Oppenheimer stock?
OPY stock was bought by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Chicago Equity Partners LLC, Dupont Capital Management Corp, Prudential Financial Inc., Dynamic Technology Lab Private Ltd, O Shaughnessy Asset Management LLC, Barrow Hanley Mewhinney & Strauss LLC and Dimensional Fund Advisors LP. 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 $29.05.
How big of a company is Oppenheimer?
Oppenheimer has a market capitalization of $381.97 million and generates $920.34 million in revenue each year. Oppenheimer employs 2,992 workers across the globe.
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 (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.
