Hanmi Financial Corp

Hanmi Financial Corp Stock Forecast & Price Prediction

Live Hanmi Financial Corp Stock (HAFC) Price
$26.45

6

Ratings

  • Buy 3
  • Hold 3
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$26.45

P/E Ratio

12.76

Volume Traded Today

$111,300

Dividend

$0.25

52 Week High/low

27.59/14.45

Hanmi Financial Corp Market Cap

$801.7M

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HAFC Summary

The Hanmi Financial Corp (HAFC) share price is expected to decrease by 7.37% over the next year. This is based on calculating the average 12-month share price estimate provided by 6 stock analysts who have covered HAFC. Price targets range from $21 at the low end to $30 at the high end. The current analyst consensus for HAFC is a buy. Please note analyst price targets are not guaranteed and could be missed completely.

HAFC Analyst Ratings

Hanmi Financial Corp has a total of 6 Wall St Analyst ratings. There are 3 buy ratings, 3 ratings, and 0 sell ratings. Since most analysts have a buy consensus rating, the expectation is that Hanmi Financial Corp will outperform the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.

HAFC stock forecast by analyst

These are the latest 20 analyst ratings of HAFC.

Analyst/Firm

Rating

Price Target

Change

Date

Timothy Coffey
Janney Montgomery Scott

Buy


Upgrade

Nov 15, 2024
Matthew Clark
Piper Sandler

Overweight

$25.5

Upgrade

Oct 24, 2024
David Chiaverini
Wedbush

Neutral

$21

Reiterates

Oct 23, 2024
Gary Tenner
DA Davidson

Neutral

$22

Maintains

Oct 23, 2024
Jason Weaver
Jones Trading

Hold


Reiterates

Oct 23, 2024
Kelly Motta
Keefe, Bruyette & Woods

Outperform

$22

Upgrade

Oct 2, 2024
David Chiaverini
Wedbush

Neutral

$21

Maintains

Sep 24, 2024
David Chiaverini
Wedbush

Neutral

$22

Maintains

Jul 24, 2024
Gary Tenner
DA Davidson

Neutral

$21

Maintains

Jul 24, 2024
David Chiaverini
Wedbush

Neutral

$17

Reiterates

Apr 24, 2024
Kelly Motta
Keefe, Bruyette & Woods

Market Perform

$18

Reiterates

Apr 24, 2024
David Chiaverini
Wedbush

Neutral

$20

Maintains

Jan 24, 2024
Kelly Motta
Keefe, Bruyette & Woods

Market Perform

$18.5

Maintains

Jan 24, 2024
David Chiaverini
Wedbush

Neutral

$16

Maintains

Oct 25, 2023
Kelly Motta
Keefe, Bruyette & Woods

Market Perform

$21

Maintains

Jul 27, 2023
David Chiaverini
Wedbush

Neutral

$19

Maintains

Jul 26, 2023
Matthew Clark
Piper Sandler

Neutral

$17

Maintains

May 1, 2023
Jason Stewart
JonesTrading

Hold


Downgrade

May 1, 2023
David Chiaverini
Wedbush

Neutral

$20

Reiterates

Apr 26, 2023
Kelly Motta
Keefe, Bruyette & Woods

Market Perform

$23

Maintains

Apr 6, 2023

HAFC Company Information

What They Do: Provides business banking products and services.

Business Model: The company operates as a holding entity for Hanmi Bank, generating revenue through a variety of deposit products and loan services. It offers commercial, industrial, real estate loans, and international finance solutions, catering to both individual and business clients.

Other Information: Founded in 1982 and headquartered in Los Angeles, California, the company targets a diverse range of clients, including small businesses and individuals, and is involved in various lending activities including SBA loans and equipment financing.
HAFC
Hanmi Financial Corp (HAFC)

When did it IPO

1997

Staff Count

615

Country

United States

Sector/Industry

Financial Services/Banks - Regional

CEO

Ms. Bonita I. Lee

Market Cap

$801.7M

Hanmi Financial Corp (HAFC) Financial Data

In 2023, HAFC generated $249.5M in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that HAFC's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

N/A

Revenue From 2021

N/A

0.00 %
From Previous Year

Revenue From 2022

N/A

0.00 %
From Previous Year

Revenue From 2023

$249.5M

0.00 %
From Previous Year
  • Revenue TTM $232.8M
  • Operating Margin TTM 37.6%
  • Gross profit TTM $0
  • Return on assets TTM 0.8%
  • Return on equity TTM 9.0%
  • Profit Margin 27.1%
  • Book Value Per Share 24.56%
  • Market capitalisation $801.7M
  • Revenue for 2021 N/A
  • Revenue for 2022 N/A
  • Revenue for 2023 $249.5M
  • EPS this year (TTM) $2.08

Hanmi Financial Corp (HAFC) Latest News

News Image

Mon, 18 Nov 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - Hanmi Financial Corporation has opened its first representative office in Seoul, South Korea, to strengthen its U.S. Subsidiaries of Korean Companies initiative.

Why It Matters - Hanmi's new office in Seoul expands its reach in the Korean market, potentially increasing business and revenue from U.S. subsidiaries, which could positively impact financial performance.

News Image

Mon, 28 Oct 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Hanmi Financial (HAFC) is being evaluated for its potential as a top stock choice for momentum investors. Further analysis is needed to determine its fit for this investment strategy.

Why It Matters - Hanmi Financial's potential as a momentum stock could attract investors seeking growth, influencing its share price and market perception.

News Image

Mon, 28 Oct 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - CLPR, HAFC, and RCI achieved Zacks Rank #1 (Strong Buy) status for income stocks as of October 28, 2024.

Why It Matters - CLPR, HAFC, and RCI's inclusion in the Zacks Rank #1 list signals strong buy potential, indicating favorable earnings prospects and likely price appreciation, attracting investor interest.

News Image

Tue, 22 Oct 2024

Sentiment - NEUTRAL

Source - Seeking Alpha

Summary - Hanmi Financial Corporation (NASDAQ: HAFC) will hold its Q3 2024 Earnings Conference Call on October 22, 2024, at 5:00 PM ET, featuring key executives and analysts.

Why It Matters - The earnings call will provide insights into Hanmi Financial's Q3 performance, impacting stock valuation, investor sentiment, and future growth expectations.

News Image

Tue, 22 Oct 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - Hanmi Financial Corporation (NASDAQ: HAFC) announced its third-quarter 2024 financial results on October 22, 2024. Further details on performance were not provided in the excerpt.

Why It Matters - Hanmi Financial's Q3 results can impact stock performance, indicating financial health and growth potential, influencing investor confidence and market perception.

News Image

Tue, 22 Oct 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Hanmi Financial (HAFC) reported its Q3 2024 revenue and EPS, which should be analyzed against Wall Street estimates and year-ago figures for a comprehensive performance assessment.

Why It Matters - Comparing Hanmi Financial's revenue and EPS to Wall Street estimates and prior year figures helps gauge performance trends, influencing investor confidence and stock valuation.

...

HAFC Frequently asked questions

The highest forecasted price for HAFC is $30 from at .

The lowest forecasted price for HAFC is $21 from Kelly Motta from Keefe, Bruyette & Woods

The HAFC analyst ratings consensus are 3 buy ratings, 3 hold ratings, and 0 sell ratings.