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.
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.
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 |
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
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
Revenue From 2021
Revenue From 2022
Revenue From 2023
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.
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.
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.
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.
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.
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.