Stock Price
P/E Ratio
Volume Traded Today
Dividend
52 Week High/low
Hope Bancorp Inc Market Cap
The Hope Bancorp Inc (HOPE) share price is expected to increase by 13.79% over the next year. This is based on calculating the average 12-month share price estimate provided by 7 stock analysts who have covered HOPE. Price targets range from $12.5 at the low end to $15 at the high end. The current analyst consensus for HOPE is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
HOPE is a stock in Finance which has been forecasted to be worth $13.7 as an average. On the higher end, the forecast price is $15 USD by from and on the lower end HOPE is forecasted to be $12.5 by Gary Tenner from DA Davidson.
These are the latest 20 analyst ratings of HOPE.
|
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
|---|---|---|---|---|
| Christopher Mcgratty Keefe, Bruyette & Woods | Market Perform | $14 | Maintains | Jul 30, 2024 |
| Christopher Mcgratty Keefe, Bruyette & Woods | Market Perform | $12 | Maintains | May 1, 2024 |
| David Chiaverini Wedbush | Neutral | $11 | Maintains | Apr 30, 2024 |
| Gary Tenner DA Davidson | Buy | $12.5 | Upgrade | Apr 30, 2024 |
| David Chiaverini Wedbush | Neutral | $12 | Maintains | Jan 31, 2024 |
| David Chiaverini Wedbush | Neutral | $9 | Maintains | Oct 24, 2023 |
| Gary Tenner DA Davidson | Neutral | $11 | Maintains | Jul 25, 2023 |
| Christopher Mcgratty Keefe, Bruyette & Woods | Market Perform | $11 | Maintains | Jul 25, 2023 |
| David Chiaverini Wedbush | Neutral | $10 | Maintains | Apr 26, 2023 |
| Christopher Mcgratty Keefe, Bruyette & Woods | Market Perform | $12 | Maintains | Apr 6, 2023 |
| Gary Tenner DA Davidson | Neutral | $16 | Downgrade | May 18, 2022 |
| Gary Tenner DA Davidson | Buy | $18 | Upgrade | Nov 15, 2021 |
Piper Sandler | Neutral | $8 | Maintains | Oct 1, 2020 |
| David Chiaverini Wedbush | Neutral | $18 | Maintains | Jul 18, 2018 |
DA Davidson | Neutral | Downgrade | May 30, 2018 | |
DA Davidson | Buy | $20 | Maintains | Apr 18, 2018 |
Raymond James | Market Perform | Downgrade | Nov 2, 2017 | |
Wedbush | Neutral | Initiates | Jun 28, 2017 | |
Keefe, Bruyette & Woods | Market Perform | Downgrade | Jan 26, 2017 | |
Keefe Bruyette & Woods | Market Perform | Downgrade | Jan 26, 2017 |
When did it IPO
N/A
Staff Count
1,238
Country
United States
Sector/Industry
Financial Services/Banks—Regional
CEO
Mr. Kevin Sung Kim J.D.
Market Cap
$1.53B
In 2023, HOPE generated $571.4M in revenue, which was a decrease of -9.27% from the previous year. This can be seen as a signal that HOPE's business is declining, and its share price could be worth less 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
Thu, 29 Aug 2024
Sentiment - NEUTRAL
Source - Business Wire
Summary - Former Louisiana Attorney General Charles C. Foti, Jr. and Kahn Swick & Foti, LLC are investigating Territorial Bancorp's proposed sale to Hope Bancorp, where shareholders will receive 0.8048 shares of Hope per Territorial share.
Why It Matters - The investigation into Territorial Bancorp's sale may indicate potential issues with the deal's fairness or process, affecting shareholder value and future stock performance.
Mon, 29 Jul 2024
Sentiment - NEUTRAL
Source - Seeking Alpha
Summary - Hope Bancorp, Inc. held its Q2 2024 earnings call on July 29, 2024, featuring CEO Kevin Kim and CFO Julianna Balicka. Investors can access insights from the conference for performance evaluation.
Why It Matters - Earnings calls provide insights into a company's financial health and future prospects. For Hope Bancorp, Q2 2024 results will influence stock performance and investor sentiment.
Mon, 29 Jul 2024
Sentiment - NEUTRAL
Source - Business Wire
Summary - Hope Bancorp reported Q2 2024 net income of $25.3 million ($0.21 per share), slightly down from $25.9 million in Q1 2024, with notable items excluded.
Why It Matters - Stable net income signals consistent performance, while slight quarterly decline may raise concerns about growth potential, impacting investor confidence and stock valuation.
Mon, 29 Jul 2024
Sentiment - NEUTRAL
Source - Business Wire
Summary - Hope Bancorp, Inc. (NASDAQ: HOPE) declared a quarterly cash dividend of $0.14 per share, payable on August 22, 2024, to stockholders of record by August 8, 2024.
Why It Matters - The declared dividend reflects financial health and stability, signaling potential returns for investors and confidence in ongoing profitability for Hope Bancorp.
Mon, 29 Jul 2024
Sentiment - POSITIVE
Source - Zacks Investment Research
Summary - Hope Bancorp's Q2 2024 results show key metrics relevant for investor comparison against Wall Street estimates and prior year performance.
Why It Matters - Comparing Hope Bancorp's quarterly performance to estimates and last year’s results helps assess growth, profitability, and market expectations, influencing investment decisions.
Mon, 29 Jul 2024
Sentiment - POSITIVE
Source - Zacks Investment Research
Summary - Hope Bancorp (HOPE) reported Q3 earnings of $0.22 per share, matching estimates but down from $0.32 per share year-over-year.
Why It Matters - Earnings per share declined from the previous year, indicating potential weakness in profitability, while meeting estimates suggests stability. This could affect investor confidence and stock performance.
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