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NASDAQ:OPBK

OP Bancorp (OPBK) Stock Price, News & Analysis

OP Bancorp logo
$14.81
-0.23 (-1.53%)
(As of 10/31/2024 ET)

About OP Bancorp Stock (NASDAQ:OPBK)

Key Stats

Today's Range
$14.79
$15.07
50-Day Range
$12.04
$15.08
52-Week Range
$8.36
$15.21
Volume
16,321 shs
Average Volume
27,685 shs
Market Capitalization
$220.97 million
P/E Ratio
10.58
Dividend Yield
3.24%
Price Target
$13.00
Consensus Rating
Hold

Company Overview

OP Bancorp operates as the bank holding company for Open Bank that provides banking products and services in California. It offers demand, checking, savings, money market, and time deposit accounts, as well as certificates of deposit. The company also provides commercial real estate, small business administration, commercial and industrial business, single-family residential, term, consumer, and home mortgage loans; trade financing products; and letters of credit, and SWIFT and export advice. In addition, it offers debit and credit card, online transfer and bill payment, electronic delivery of customer statements, and mobile banking solutions for iPhone and Android phones, including remote check deposit with mobile bill pay; direct deposits, cashier's checks, person to person payments, wire transfers, and automated clearing house (ACH) services; and cash management services, including balance reporting, transfers between accounts, wire transfer initiation, ACH origination, and stop payment services, as well as remote deposit capture, positive pay, zero balance accounts, and sweep accounts. The company operates full branch offices in Downtown Los Angeles, Los Angeles Fashion District, Los Angeles Koreatown, Gardena, Buena Park, and Santa Clara in California; and Carrollton, Texas; and operates loan production offices in Pleasanton, California; Atlanta, Georgia; Aurora, Colorado; and Lynnwood in Washington. The company was founded in 2005 and is headquartered in Los Angeles, California.

OP Bancorp Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
55th Percentile Overall Score

OPBK MarketRank™: 

OP Bancorp scored higher than 55% of companies evaluated by MarketBeat, and ranked 639th out of 942 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    OP Bancorp has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.

  • Amount of Analyst Coverage

    OP Bancorp has only been the subject of 1 research reports in the past 90 days.

  • Read more about OP Bancorp's stock forecast and price target.
  • Earnings Growth

    Earnings for OP Bancorp are expected to grow by 6.52% in the coming year, from $1.38 to $1.47 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of OP Bancorp is 10.58, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.44.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of OP Bancorp is 10.58, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 50.32.

  • Price to Book Value per Share Ratio

    OP Bancorp has a P/B Ratio of 1.15. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about OP Bancorp's valuation and earnings.
  • Percentage of Shares Shorted

    0.16% of the float of OP Bancorp has been sold short.
  • Short Interest Ratio / Days to Cover

    OP Bancorp has a short interest ratio ("days to cover") of 0.6, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in OP Bancorp has recently increased by 45.76%, indicating that investor sentiment is decreasing significantly.
  • Dividend Yield

    OP Bancorp pays a meaningful dividend of 3.39%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    OP Bancorp does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of OP Bancorp is 34.29%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, OP Bancorp will have a dividend payout ratio of 32.65% next year. This indicates that OP Bancorp will be able to sustain or increase its dividend.

  • Read more about OP Bancorp's dividend.
  • Percentage of Shares Shorted

    0.16% of the float of OP Bancorp has been sold short.
  • Short Interest Ratio / Days to Cover

    OP Bancorp has a short interest ratio ("days to cover") of 0.6, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in OP Bancorp has recently increased by 45.76%, indicating that investor sentiment is decreasing significantly.
  • News Sentiment

    OP Bancorp has a news sentiment score of 0.70. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.60 average news sentiment score of Finance companies.
  • News Coverage This Week

    MarketBeat has tracked 20 news articles for OP Bancorp this week, compared to 1 article on an average week.
  • MarketBeat Follows

    1 people have added OP Bancorp to their MarketBeat watchlist in the last 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, OP Bancorp insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $60,900.00 in company stock.

  • Percentage Held by Insiders

    21.34% of the stock of OP Bancorp is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    53.63% of the stock of OP Bancorp is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about OP Bancorp's insider trading history.
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OPBK Stock News Headlines

Q4 Earnings Forecast for OP Bancorp Issued By DA Davidson
DA Davidson Has Positive View of OP Bancorp FY2024 Earnings
The real reason Elon is fully endorsing Trump
Elon Musk is one of mankind’s greatest innovators. But for all his visionary prowess and contributions to humanity, there is a war being waged on Elon Musk. This war has nothing to do with X, Elon’s stance on immigration or his support for Donald Trump.
OP Bancorp (NASDAQ:OPBK) Will Pay A Dividend Of $0.12
OP Bancorp (OPBK) Gets a Buy from D.A. Davidson
See More Headlines

OPBK Stock Analysis - Frequently Asked Questions

OP Bancorp's stock was trading at $10.95 on January 1st, 2024. Since then, OPBK stock has increased by 35.3% and is now trading at $14.81.
View the best growth stocks for 2024 here
.

OP Bancorp (NASDAQ:OPBK) released its quarterly earnings results on Thursday, October, 24th. The company reported $0.36 earnings per share for the quarter, beating analysts' consensus estimates of $0.33 by $0.03. The firm earned $39.54 million during the quarter. OP Bancorp had a net margin of 14.18% and a trailing twelve-month return on equity of 10.94%.

OP Bancorp (OPBK) raised $21 million in an IPO on Wednesday, March 28th 2018. The company issued 2,000,000 shares at a price of $9.50-$11.50 per share. Keefe, Bruyette & Woods (A Stifel Company) served as the underwriter for the IPO and D.A. Davidson & Co. was co-manager.

Top institutional shareholders of OP Bancorp include Diversify Advisory Services LLC (4.94%) and Ritholtz Wealth Management (0.24%). Insiders that own company stock include Brian Choi, Ock Hee Kim, Yong Sin Shin, Soo Hun Jung, Ki Won Yoon, Ernest Dow, Myung Park and Christine Yoon Oh.
View institutional ownership trends
.

Shares of OPBK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that OP Bancorp investors own include Humana (HUM), American Water Works (AWK), Waste Connections (WCN), Voyager Therapeutics (VYGR), The RMR Group (RMR), AUO (AUOTY) and DiamondRock Hospitality (DRH).

Company Calendar

Ex-Dividend for 8/22 Dividend
8/08/2024
Dividend Payable
8/22/2024
Last Earnings
10/24/2024
Today
10/31/2024
Ex-Dividend for 11/21 Dividend
11/07/2024
Dividend Payable
11/21/2024
Fiscal Year End
12/31/2024
Next Earnings (Estimated)
1/23/2025

Industry, Sector and Symbol

Sector
Finance
Industry
State commercial banks
Sub-Industry
Banking
Current Symbol
NASDAQ:OPBK
Fax
N/A
Employees
190
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$13.00
High Stock Price Target
$13.00
Low Stock Price Target
$13.00
Potential Upside/Downside
-12.7%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
1 Analysts

Profitability

Net Income
$23.92 million
Pretax Margin
20.20%

Debt

Sales & Book Value

Annual Sales
$80.60 million
Cash Flow
$1.99 per share
Book Value
$12.84 per share

Miscellaneous

Free Float
11,736,000
Market Cap
$222.16 million
Optionable
Optionable
Beta
0.63
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This page (NASDAQ:OPBK) was last updated on 10/31/2024 by MarketBeat.com Staff
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