OP Bancorp - OPBK Stock Forecast, Price & News

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for OP Bancorp in the last year. There are currently 1 hold rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" OPBK shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in OPBK, but not buy additional shares or sell existing shares.
View OPBK analyst ratings or view top-rated stocks.

1 Wall Street analysts have issued 12 month price targets for OP Bancorp's shares. Their OPBK share price forecasts range from $15.00 to $15.00. On average, they expect the company's share price to reach $15.00 in the next twelve months. This suggests a possible upside of 35.4% from the stock's current price.
View analysts price targets for OPBK or view top-rated stocks among Wall Street analysts.

OP Bancorp's stock was trading at $12.76 at the start of the year. Since then, OPBK stock has decreased by 13.2% and is now trading at $11.08.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 26th 2022.
View our OPBK earnings forecast.

OP Bancorp (OTCMKTS:OPBK) posted its earnings results on Thursday, July, 28th. The company reported $0.54 EPS for the quarter, missing analysts' consensus estimates of $0.55 by $0.01. The firm earned $24.44 million during the quarter. OP Bancorp had a trailing twelve-month return on equity of 20.84% and a net margin of 36.33%.

OP Bancorp declared a quarterly dividend on Monday, August 1st. Investors of record on Thursday, August 11th will be paid a dividend of $0.12 per share on Thursday, August 25th. This represents a $0.48 annualized dividend and a yield of 4.33%. The ex-dividend date is Wednesday, August 10th. This is a positive change from the stock's previous quarterly dividend of $0.10.
Read our dividend analysis for OPBK.

OP Bancorp (OTCMKTS:OPBK) pays an annual dividend of $0.48 per share and currently has a dividend yield of 4.33%. OPBK has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 21.82%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, OPBK will have a dividend payout ratio of 22.86% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for OPBK.

Based on aggregate information from My MarketBeat watchlists, some companies that other OP Bancorp investors own include General Mills (GIS), Occidental Petroleum (OXY), Pfizer (PFE), AT&T (T), AbbVie (ABBV), BCE (BCE), Carnival Co. & (CCL), Cinemark (CNK), Energy Transfer (ET) and Gilead Sciences (GILD).

OP Bancorp trades on the OTCMKTS under the ticker symbol "OPBK."

OP Bancorp's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Maltese Capital Management LLC (1.59%), Millennium Management LLC (1.42%), Renaissance Technologies LLC (1.19%), Essex Investment Management Co. LLC (0.82%), Gator Capital Management LLC (0.46%) and Assenagon Asset Management S.A. (0.33%). Insiders that own company stock include Brian Choi, Christine Yoon Oh, Ernest Dow, Jason Hwang, Myung Park, Ock Hee Kim and Yong Sin Shin.
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Shares of OPBK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of OPBK stock can currently be purchased for approximately $11.08.

OP Bancorp (OTCMKTS:OPBK) has a market capitalization of $168.29 million and generates $80.18 million in revenue each year. The company earns $28.84 million in net income (profit) each year or $2.20 on an earnings per share basis.

The company employs 193 workers across the globe.

OP Bancorp's mailing address is 1000 Wilshire Blvd Ste 500, Los Angeles, California 90017-2462. The official website for the company is www.myopenbank.com. The company can be reached via phone at (213) 892-9999 or via email at christine.oh@myopenbank.com.