NASDAQ:HOPE Hope Bancorp (HOPE) Stock Price, News & Analysis → Elon’s New Device is About to Shock the World (From InvestorPlace) (Ad) Free HOPE Stock Alerts $10.54 +0.29 (+2.83%) (As of 02:40 PM ET) Add Compare Share Share Today's Range$10.31▼$10.5550-Day Range$9.93▼$11.5152-Week Range$7.42▼$12.51Volume279,248 shsAverage Volume675,316 shsMarket Capitalization$1.27 billionP/E Ratio10.54Dividend Yield5.31%Price Target$11.83 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainabilityStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaSustainability Get Hope Bancorp alerts: Email Address Hope Bancorp MarketRank™ Stock AnalysisAnalyst RatingHold2.33 Rating ScoreUpside/Downside13.7% Upside$11.83 Price TargetShort InterestHealthy1.56% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-0.41Upright™ Environmental ScoreNews Sentiment0.38Based on 41 Articles This WeekInsider TradingN/AProj. Earnings Growth28.57%From $1.05 to $1.35 Per ShareSee Full Details Hide Full Details 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.4.84 out of 5 starsFinance Sector75th out of 855 stocksNational Commercial Banks Industry14th out of 86 stocks 2.2 Analyst's Opinion Consensus RatingHope Bancorp has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.Amount of Analyst CoverageHope Bancorp has only been the subject of 3 research reports in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted1.56% of the float of Hope Bancorp has been sold short.Short Interest Ratio / Days to CoverHope Bancorp has a short interest ratio ("days to cover") of 2.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Hope Bancorp has recently decreased by 1.11%, indicating that investor sentiment is improving. Previous Next 3.3 Dividend Strength Dividend LeadershipHope Bancorp is a leading dividend payer. It pays a dividend yield of 5.59%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthHope Bancorp does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Hope Bancorp is 56.00%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Hope Bancorp will have a dividend payout ratio of 41.48% next year. This indicates that Hope Bancorp will be able to sustain or increase its dividend. Previous Next 3.2 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreHope Bancorp has received a 33.53% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Retirement saving services", "Cash withdrawal services", "Mortgages provided by brick and mortar banks", "Mortgage loans for corporations", "Corporate debit cards", and "Home equity loans" products. See details.Environmental SustainabilityThe Environmental Impact score for Hope Bancorp is -0.41. Previous Next 3.0 News and Social Media Coverage News SentimentHope Bancorp has a news sentiment score of 0.38. 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 news sentiment score is similar to the average news sentiment of Finance companies.News Coverage This WeekMarketBeat has tracked 41 news articles for Hope Bancorp this week, compared to 18 articles on an average week.Search Interest4 people have searched for HOPE on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.MarketBeat Follows5 people have added Hope Bancorp to their MarketBeat watchlist in the last 30 days. This is an increase of 400% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Hope Bancorp insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 5.29% of the stock of Hope Bancorp is held by insiders.Percentage Held by Institutions84.00% of the stock of Hope Bancorp is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.8 Earnings and Valuation Earnings GrowthEarnings for Hope Bancorp are expected to grow by 28.57% in the coming year, from $1.05 to $1.35 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Hope Bancorp is 10.41, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 140.88.Price to Earnings Ratio vs. SectorThe P/E ratio of Hope Bancorp is 10.41, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 57.89.Price to Book Value per Share RatioHope Bancorp has a P/B Ratio of 0.59. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Stansberry Research$5,000 Gold?Former Wall Street Banker Reveals Mysterious Gold Leverage As gold continues to soar, this ex-Goldman Sachs VP says DON'T buy bullion or mining stocks. Instead, he's just shared a "gold bank" that uses about $10 of your money to harness the power of two ounces of pure gold (worth about $4,200 right now).Find out how to do right here in this free video. About Hope Bancorp Stock (NASDAQ:HOPE)Hope Bancorp, Inc. operates as the bank holding company for Bank of Hope that provides retail and commercial banking services for businesses and individuals in the United States. It accepts personal and business checking, money market, savings, time deposit, and individual retirement accounts. The company also offers loans comprising commercial and industrial loans to businesses for various purposes, such as working capital, purchasing inventory, debt refinancing, business acquisitions, international trade finance, other business-related financing, and loans syndication services; commercial real estate loans; residential mortgage loans; small business administration loans; and consumer loans, such as single-family mortgage, home equity, automobile, credit card, and personal loans. In addition, it provides internet banking and bill-pay, remote deposit capture, lock box, and ACH origination services; treasury management services; foreign currency exchange transactions; interest rate contracts and wealth management services; automated teller machine services; and engages in investment activities. Hope Bancorp, Inc. was founded in 1986 and is headquartered in Los Angeles, California.Read More HOPE Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart HOPE Stock News HeadlinesMay 2, 2024 | msn.comHope and Healing Place to host annual healing half marathon May 11May 2, 2024 | finance.yahoo.comHope Bancorp (NASDAQ:HOPE) Will Pay A Dividend Of $0.14May 2, 2024 | Crypto Swap Profits (Ad)Claim Your Complimentary Bitcoin RewardMany have already secured their free Bitcoin reward offered by our esteemed guest. How about you? In an effort to spread the word about our upcoming workshop, he's generously offering $10 in Bitcoin (BTC) to participants. Absolutely no strings attached.May 2, 2024 | americanbankingnews.comQ2 2024 Earnings Forecast for Hope Bancorp, Inc. (NASDAQ:HOPE) Issued By WedbushMay 1, 2024 | businesswire.comTERRITORIAL BANCORP INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of ...May 1, 2024 | businesswire.comTERRITORIAL BANCORP INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Territorial Bancorp Inc. - TBNKMay 1, 2024 | bizjournals.comHope is on the horizon for the Pittsburgh housing marketMay 1, 2024 | americanbankingnews.comHope Bancorp (NASDAQ:HOPE) Price Target Cut to $11.00 by Analysts at WedbushMay 2, 2024 | Crypto Swap Profits (Ad)Claim Your Complimentary Bitcoin RewardMany have already secured their free Bitcoin reward offered by our esteemed guest. How about you? In an effort to spread the word about our upcoming workshop, he's generously offering $10 in Bitcoin (BTC) to participants. Absolutely no strings attached.May 1, 2024 | americanbankingnews.comHope Bancorp (NASDAQ:HOPE) Upgraded to Buy by DA DavidsonApril 30, 2024 | markets.businessinsider.comAnalysts Have Conflicting Sentiments on These Financial Companies: Hope Bancorp (HOPE) and PayPal Holdings (PYPL)April 30, 2024 | msn.comHope Bancorp upgraded at D.A. Davidson after selloff induced by merger, earningsApril 30, 2024 | markets.businessinsider.com3M earnings: here's what Wall Street expectsApril 30, 2024 | finance.yahoo.comHope Bancorp Inc (HOPE) (Q1 2024) Earnings Call Transcript Highlights: Navigating Challenges ...April 29, 2024 | msn.comHope Bancorp GAAP EPS of $0.21 misses by $0.05, revenue of $123.33M misses by $6.99MApril 29, 2024 | seekingalpha.comHope Bancorp, Inc. 2024 Q1 - Results - Earnings Call PresentationApril 29, 2024 | businesswire.comHope Bancorp Declares Quarterly Cash Dividend of $0.14 Per ShareApril 29, 2024 | businesswire.comHope Bancorp and Territorial Bancorp Announce Definitive Merger AgreementApril 29, 2024 | businesswire.comHope Bancorp Reports 2024 First Quarter Financial Results; Signs Definitive Merger With Territorial BancorpApril 28, 2024 | msn.comBanking Central | What makes HC order on Lakshmi Vilas Bank-DBS India merger important?April 27, 2024 | msn.comIreland weather: May Bank Holiday to bring sunshine as temperatures set to 'surpass' seasonal normApril 27, 2024 | msn.comZoo-bred corals join Europe's largest reef, offering conservation hope to scientistsApril 26, 2024 | msn.comHow Standing Together Is Keeping Hope Alive After More Than 6 Months of WarApril 26, 2024 | msn.comBOJ keeps ultra-low rates, sees inflation staying near targetApril 26, 2024 | msn.comCorals bred in a zoo have joined Europe’s largest reef. This is offering scientists hopeApril 25, 2024 | msn.comCoastal Bend Food Bank hosts 'Celebration of Hope' fundraiser ThursdayApril 25, 2024 | msn.comWith fear and hope, Haiti warily welcomes new governing council as gang-ravaged country seeks peaceSee More Headlines Receive HOPE Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Hope Bancorp and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 2/23 Dividend2/08/2024Dividend Payable2/23/2024Last Earnings4/29/2024Today5/02/2024Ex-Dividend for 5/23 Dividend5/08/2024Dividend Payable5/23/2024Next Earnings (Estimated)7/22/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorFinance Industry National commercial banks Sub-IndustryRegional Banks Current SymbolNASDAQ:HOPE CUSIP07329510 CIK1128361 Webwww.bankofhope.com Phone(213) 639-1700Fax213-235-3033Employees1,244Year FoundedN/APrice Target and Rating Average Stock Price Target$11.83 High Stock Price Target$12.50 Low Stock Price Target$11.00 Potential Upside/Downside+15.4%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$1.00 Trailing P/E Ratio10.25 Forward P/E Ratio9.40 P/E GrowthN/ANet Income$133.67 million Net Margins10.80% Pretax Margin14.44% Return on Equity6.43% Return on Assets0.69% Debt Debt-to-Equity Ratio0.43 Current Ratio1.00 Quick Ratio1.05 Sales & Book Value Annual Sales$1.09 billion Price / Sales1.13 Cash Flow$1.38 per share Price / Cash Flow7.41 Book Value$17.51 per share Price / Book0.59Miscellaneous Outstanding Shares120,610,000Free Float114,230,000Market Cap$1.24 billion OptionableOptionable Beta1.13 7 Energy Stocks to Buy and Hold ForeverDo you expect the global demand for energy to shrink?! If not, it's time to take a look at how energy stocks can play a part in your portfolio.Get This Free Report Key ExecutivesMr. Kevin Sung Kim J.D. (Age 66)Chairman, President & CEO Comp: $1.77MMs. Julianna Balicka (Age 46)Executive VP & CFO Comp: $586.5kMr. Peter J. Koh (Age 47)Senior EVP & COO Comp: $619.96kMr. Thomas P. Stenger (Age 64)Senior EVP & Chief Risk Officer Comp: $736.55kMs. Kyu S. Kim (Age 63)Senior EVP & Chief Commercial Banking Officer of Bank of Hope Comp: $611.39kMr. Daniel H. Kim (Age 56)Executive VP and Chief Strategy & Administrative Officer Ms. Angie YangSenior VP and Director of IR & Corporate CommunicationsMs. Angelee J. Harris (Age 54)Executive VP, General Counsel & Corporate Secretary Mr. Jason K. Kim (Age 57)Senior EVP & President of Western Regional of Bank of Hope Comp: $343.35kMr. Andy ChanExecutive VP & Chief Internal Audit ExecutiveMore ExecutivesKey CompetitorsNational BankNYSE:NBHCWestamerica BancorporationNASDAQ:WABCMeridian BancorpNASDAQ:EBSBFirst Commonwealth FinancialNYSE:FCFNicolet BanksharesNASDAQ:NCBSView All CompetitorsInsiders & InstitutionsBNP Paribas Financial MarketsBought 32,056 shares on 5/1/2024Ownership: 0.167%Sequoia Financial Advisors LLCSold 18,540 shares on 5/1/2024Ownership: 0.011%Principal Financial Group Inc.Sold 2,413 shares on 4/29/2024Ownership: 0.517%Yousif Capital Management LLCSold 5,310 shares on 4/26/2024Ownership: 0.045%New York State Teachers Retirement SystemSold 5,500 shares on 4/25/2024Ownership: 0.213%View All Insider TransactionsView All Institutional Transactions HOPE Stock Analysis - Frequently Asked Questions Should I buy or sell Hope Bancorp stock right now? 3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Hope Bancorp in the last twelve months. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research 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. What is Hope Bancorp's stock price target for 2024? 3 analysts have issued 1-year price objectives for Hope Bancorp's shares. Their HOPE share price targets range from $11.00 to $12.50. On average, they expect the company's share price to reach $11.83 in the next twelve months. This suggests a possible upside of 13.7% from the stock's current price. View analysts price targets for HOPE or view top-rated stocks among Wall Street analysts. How have HOPE shares performed in 2024? Hope Bancorp's stock was trading at $12.08 at the beginning of the year. Since then, HOPE shares have decreased by 13.8% and is now trading at $10.41. View the best growth stocks for 2024 here. Are investors shorting Hope Bancorp? Hope Bancorp saw a decrease in short interest in March. As of March 31st, there was short interest totaling 1,800,000 shares, a decrease of 18.6% from the March 15th total of 2,210,000 shares. Based on an average daily trading volume, of 664,600 shares, the days-to-cover ratio is currently 2.7 days. Approximately 1.6% of the shares of the company are sold short. View Hope Bancorp's Short Interest. When is Hope Bancorp's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, July 22nd 2024. View our HOPE earnings forecast. How were Hope Bancorp's earnings last quarter? Hope Bancorp, Inc. (NASDAQ:HOPE) announced its earnings results on Monday, April, 29th. The financial services provider reported $0.21 EPS for the quarter, missing analysts' consensus estimates of $0.26 by $0.05. The financial services provider earned $123.30 million during the quarter, compared to analysts' expectations of $130.42 million. Hope Bancorp had a net margin of 10.80% and a trailing twelve-month return on equity of 6.43%. Hope Bancorp's revenue for the quarter was down 14.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.33 EPS. How often does Hope Bancorp pay dividends? What is the dividend yield for Hope Bancorp? Hope Bancorp announced a quarterly dividend on Monday, April 29th. Stockholders of record on Thursday, May 9th will be paid a dividend of $0.14 per share on Thursday, May 23rd. This represents a $0.56 dividend on an annualized basis and a dividend yield of 5.38%. The ex-dividend date of this dividend is Wednesday, May 8th. Read our dividend analysis for HOPE. Is Hope Bancorp a good dividend stock? Hope Bancorp (NASDAQ:HOPE) pays an annual dividend of $0.56 per share and currently has a dividend yield of 5.59%. HOPE has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 56.00%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HOPE will have a dividend payout ratio of 41.48% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for HOPE. What ETFs hold Hope Bancorp's stock? 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) and Hartford Multifactor Small Cap ETF (ROSC).WBI Power Factor High Dividend ETF (WBIY). What other stocks do shareholders of Hope Bancorp own? 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). Who are Hope Bancorp's major shareholders? Hope Bancorp's stock is owned by a variety of retail and institutional investors. Top institutional investors include Assenagon Asset Management S.A. (0.58%), Principal Financial Group Inc. (0.52%), Denali Advisors LLC (0.25%), New York State Teachers Retirement System (0.21%), BNP Paribas Financial Markets (0.17%) and Bridge City Capital LLC (0.14%). Insiders that own company stock include Dale S Zuehls, Thomas Stenger and William J Lewis. View institutional ownership trends. How do I buy shares of Hope Bancorp? 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. Compare Top Brokerages Here. This page (NASDAQ:HOPE) was last updated on 5/2/2024 by MarketBeat.com Staff From Our PartnersRed Alert: Your Money's Disappearance Act - Banks' Greed Unleashed!Priority GoldAI finds its first serious applicationWall Street StarHealthcare Takes A Big Step Forward With The Help Of AIThe Bull ReportHave You Seen Elon’s New A.I. Device? (Picture Inside)InvestorPlaceA.I. is a Tidal Wave - Here’s What to BuyChaikin AnalyticsDollar CancelledLear CapitalUrgent Alert: Is the U.S. Implementing a Digital Dollar?Gold Gate CapitalRich Dad Poor Dad Author Shocks Millions With 2024 Crash WarningAmerican Hartford Gold Group Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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