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S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Wall Street rises to more records to close out its latest winning month
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
3 Value Stocks Too Small For Buffett’s Portfolio
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Wall Street rises to more records to close out its latest winning month
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
3 Value Stocks Too Small For Buffett’s Portfolio
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Wall Street rises to more records to close out its latest winning month
Delta Airline’s Put Option Activity Isn’t Bad News
Disney Stock Catches 3 Upgrades In a Single Week
3 Value Stocks Too Small For Buffett’s Portfolio
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
NASDAQ:HAFC

Hanmi Financial (HAFC) Stock Price, News & Analysis

$15.92
+0.05 (+0.32%)
(As of 03/28/2024 ET)
Today's Range
$15.75
$15.99
50-Day Range
$14.68
$18.88
52-Week Range
$13.35
$20.31
Volume
209,869 shs
Average Volume
306,677 shs
Market Capitalization
$481.90 million
P/E Ratio
6.08
Dividend Yield
6.28%
Price Target
$18.50

Hanmi Financial MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
16.2% Upside
$18.50 Price Target
Short Interest
Healthy
3.76% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-0.66
Upright™ Environmental Score
News Sentiment
0.44mentions of Hanmi Financial in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
6.94%
From $2.16 to $2.31 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.36 out of 5 stars

Finance Sector

287th out of 850 stocks

National Commercial Banks Industry

44th out of 83 stocks

HAFC stock logo

About Hanmi Financial Stock (NASDAQ:HAFC)

Hanmi Financial Corporation operates as the holding company for Hanmi Bank that provides business banking products and services in the United States. It offers various deposit products, including noninterest-bearing checking accounts, savings accounts, negotiable order of withdrawal accounts, money market accounts, and certificates of deposit. The company also provides real estate loans, such as commercial property, construction, and residential property loans; and commercial and industrial loans, such as commercial term loans and commercial lines of credit; and international finance and trade services and products, such as letters of credit, and import and export financing. In addition, it offers small business administration loans for business purposes, which comprise owner-occupied commercial real estate, business acquisitions, start-ups, franchise financing, working capital, improvements and renovations, inventory and equipment, and debt-refinancing, as well as equipment lease financing. The company was founded in 1982 and is headquartered in Los Angeles, California.

HAFC Stock Price History

HAFC Stock News Headlines

SCHD: The Rebalance Is Complete
Major Elon Musk Crypto Leak Revealed
Reports of a leaked meeting between Elon Musk and staff at X.com could send shockwaves through the crypto market. Musk revealed a "mind-blowing" plan to take over the global payment system. In his own words, the world's richest man said "you won't need a bank account." Prominent voices in crypto believe what comes next will mirror a crypto mass adoption similar to the one that triggered bitcoin's last bull run.
HAFC Mar 2024 20.000 call
New Strong Sell Stocks for January 29th
James Marasco Appointed to the Board of Hanmi Financial Corporation
Trump’s “Tax Free” Retirement Strategy
Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.
Hanmi Financial (HAFC) Receives a Hold from KBW
Hanmi Reports 2023 Fourth Quarter and Full Year Results
Hanmi Financial Corp.
Earnings Preview For Hanmi Financial
Hanmi Financial Corp HAFC
Aehr Test Systems (AYB.F)
See More Headlines
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Company Calendar

Last Earnings
1/23/2024
Ex-Dividend for 2/22 Dividend
2/02/2024
Dividend Payable
2/22/2024
Today
3/28/2024
Next Earnings (Estimated)
4/23/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
National commercial banks
Sub-Industry
Regional Banks
Current Symbol
NASDAQ:HAFC
Previous Symbol
NASDAQ:HAFCD
CUSIP
41049520
Employees
615
Year Founded
1982

Price Target and Rating

Average Stock Price Target
$18.50
High Stock Price Target
$20.00
Low Stock Price Target
$17.00
Potential Upside/Downside
+16.6%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
2 Analysts

Profitability

Net Income
$80.04 million
Pretax Margin
28.40%

Debt

Sales & Book Value

Annual Sales
$403.51 million
Cash Flow
$3.06 per share
Book Value
$23.09 per share

Miscellaneous

Free Float
29,831,000
Market Cap
$480.38 million
Optionable
Optionable
Beta
0.94

Social Links

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Key Executives

  • Ms. Bonita I. Lee (Age 61)
    President, CEO & Director
    Comp: $1.56M
  • Mr. Romolo C. Santarosa (Age 68)
    Senior EVP & CFO
    Comp: $799.23k
  • Mr. Anthony I. Kim (Age 56)
    Senior EVP & Chief Banking Officer
    Comp: $533.98k
  • Mr. Matthew D. Fuhr (Age 61)
    EVP & Chief Credit Officer
    Comp: $483.92k
  • Mr. Michael Du (Age 50)
    Senior VP & Chief Risk Officer
    Comp: $362.28k
  • Mr. Joseph A. Pangrazio (Age 64)
    Senior VP & Chief Accounting Officer
  • Ms. Vivian I. Kim (Age 42)
    Executive VP, General Counsel & Chief People Officer

HAFC Stock Analysis - Frequently Asked Questions

Should I buy or sell Hanmi Financial stock right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Hanmi Financial in the last twelve months. There are currently 2 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" HAFC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in HAFC, but not buy additional shares or sell existing shares.
View HAFC analyst ratings
or view top-rated stocks.

What is Hanmi Financial's stock price target for 2024?

2 equities research analysts have issued 12 month price objectives for Hanmi Financial's stock. Their HAFC share price targets range from $17.00 to $20.00. On average, they expect the company's stock price to reach $18.50 in the next twelve months. This suggests a possible upside of 16.2% from the stock's current price.
View analysts price targets for HAFC
or view top-rated stocks among Wall Street analysts.

How have HAFC shares performed in 2024?

Hanmi Financial's stock was trading at $19.40 at the start of the year. Since then, HAFC stock has decreased by 17.9% and is now trading at $15.92.
View the best growth stocks for 2024 here
.

Are investors shorting Hanmi Financial?

Hanmi Financial saw a increase in short interest in the month of March. As of March 15th, there was short interest totaling 1,120,000 shares, an increase of 13.1% from the February 29th total of 990,000 shares. Based on an average daily volume of 290,600 shares, the days-to-cover ratio is presently 3.9 days. Approximately 3.8% of the shares of the company are short sold.
View Hanmi Financial's Short Interest
.

When is Hanmi Financial's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 23rd 2024.
View our HAFC earnings forecast
.

How were Hanmi Financial's earnings last quarter?

Hanmi Financial Co. (NASDAQ:HAFC) announced its quarterly earnings results on Tuesday, January, 23rd. The bank reported $0.61 EPS for the quarter, topping the consensus estimate of $0.60 by $0.01. The bank earned $59.82 million during the quarter, compared to analysts' expectations of $63.43 million. Hanmi Financial had a net margin of 19.84% and a trailing twelve-month return on equity of 11.88%.

How often does Hanmi Financial pay dividends? What is the dividend yield for Hanmi Financial?

Hanmi Financial announced a quarterly dividend on Thursday, January 25th. Shareholders of record on Monday, February 5th will be paid a dividend of $0.25 per share on Thursday, February 22nd. This represents a $1.00 dividend on an annualized basis and a dividend yield of 6.28%. The ex-dividend date is Friday, February 2nd.
Read our dividend analysis for HAFC
.

Is Hanmi Financial a good dividend stock?

Hanmi Financial (NASDAQ:HAFC) pays an annual dividend of $1.00 per share and currently has a dividend yield of 6.56%. HAFC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 38.17%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HAFC will have a dividend payout ratio of 43.29% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for HAFC.

What ETFs hold Hanmi Financial's stock?

ETFs with the largest weight of Hanmi Financial (NASDAQ:HAFC) stock in their portfolio include Hypatia Women CEO ETF (WCEO).Invesco S&P SmallCap Low Volatility ETF (XSLV).

What is Jay S. Yoo's approval rating as Hanmi Financial's CEO?

15 employees have rated Hanmi Financial Chief Executive Officer Jay S. Yoo on Glassdoor.com. Jay S. Yoo has an approval rating of 37% among the company's employees. This puts Jay S. Yoo in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Hanmi Financial own?
Who are Hanmi Financial's major shareholders?

Hanmi Financial's stock is owned by a variety of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (7.23%), Vanguard Group Inc. (7.26%), Dimensional Fund Advisors LP (6.81%), LSV Asset Management (3.82%), Charles Schwab Investment Management Inc. (2.98%) and Hotchkis & Wiley Capital Management LLC (2.06%). Insiders that own company stock include Harry Chung, Michael Yang and Romolo Santarosa.
View institutional ownership trends
.

How do I buy shares of Hanmi Financial?

Shares of HAFC 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.

This page (NASDAQ:HAFC) was last updated on 3/28/2024 by MarketBeat.com Staff

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