Hope Bancorp (HOPE) Stock Price, News & Analysis

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Hope Bancorp in the last year. There are currently 3 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" HOPE shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in HOPE, but not buy additional shares or sell existing shares.
View HOPE analyst ratings or view top-rated stocks.

3 brokerages have issued 1 year price targets for Hope Bancorp's shares. Their HOPE share price targets range from $11.00 to $12.00. On average, they anticipate the company's share price to reach $11.33 in the next twelve months. This suggests a possible upside of 5.7% from the stock's current price.
View analysts price targets for HOPE or view top-rated stocks among Wall Street analysts.

Hope Bancorp's stock was trading at $12.08 at the start of the year. Since then, HOPE shares have decreased by 11.3% and is now trading at $10.72.
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Hope Bancorp saw a decline in short interest in the month of March. As of March 31st, there was short interest totaling 1,800,000 shares, a decline of 18.6% from the March 15th total of 2,210,000 shares. Based on an average daily volume of 664,600 shares, the short-interest ratio is presently 2.7 days. Currently, 1.6% of the shares of the company are short sold.
View Hope Bancorp's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Monday, April 29th 2024.
View our HOPE earnings forecast.

Hope Bancorp will be holding an earnings conference call on Monday, April 29th at 12:30 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-0088 with passcode "4889007".

Hope Bancorp, Inc. (NASDAQ:HOPE) announced its quarterly earnings results on Tuesday, January, 30th. The financial services provider reported $0.22 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.25 by $0.03. The financial services provider had revenue of $135.20 million for the quarter, compared to analysts' expectations of $138.47 million. Hope Bancorp had a net margin of 12.19% and a trailing twelve-month return on equity of 7.03%. During the same period in the previous year, the company earned $0.43 earnings per share.

Hope Bancorp declared a quarterly dividend on Tuesday, January 30th. Investors of record on Friday, February 9th will be given a dividend of $0.14 per share on Friday, February 23rd. This represents a $0.56 dividend on an annualized basis and a yield of 5.22%. The ex-dividend date of this dividend is Thursday, February 8th.
Read our dividend analysis for HOPE.

Hope Bancorp (NASDAQ:HOPE) pays an annual dividend of $0.56 per share and currently has a dividend yield of 5.43%. HOPE has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 50.00%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HOPE will have a dividend payout ratio of 42.11% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for HOPE.

ETFs with the largest weight of Hope Bancorp (NASDAQ:HOPE) stock in their portfolio include Invesco KBW Regional Banking ETF (KBWR), First Trust NASDAQ ABA Community Bank Index Fund (QABA), Hartford Multifactor Small Cap ETF (ROSC), First Trust Small Cap Value AlphaDEX Fund (FYT) and WBI Power Factor High Dividend ETF (WBIY).First Trust Small Cap Core AlphaDEX Fund (FYX).

Based on aggregate information from My MarketBeat watchlists, some companies that other Hope Bancorp investors own include Xtrackers California Municipal Bond ETF (CA), BlackRock (BLK), Endologix (ELGX), Chipotle Mexican Grill (CMG), Athabasca Oil (ATH), NIC (EGOV), Aegean Marine Petroleum Network (ANW), Apollo Commercial Real Estate Finance (ARI), Transocean (RIG) and Express (EXPR).

Hope Bancorp's stock is owned by a variety of retail and institutional investors. Top institutional investors include Denali Advisors LLC (0.25%), Bridge City Capital LLC (0.14%), Hennion & Walsh Asset Management Inc. (0.03%) and CWM LLC (0.01%). Insiders that own company stock include Dale S Zuehls, Thomas Stenger and William J Lewis.
View institutional ownership trends.

Shares of HOPE 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.
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