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 4.79% over the next year. This is based on calculating the average 12-month share price estimate provided by 5 stock analysts who have covered HOPE. Price targets range from $12 at the low end to $15.5 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 Financial Services which has been forecasted to be worth $14 as an average. On the higher end, the forecast price is $15.5 USD by from and on the lower end HOPE is forecasted to be $12 by Christopher Mcgratty from Keefe, Bruyette & Woods.
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
1998
Staff Count
1,236
Country
United States
Sector/Industry
Financial Services/Banks - Regional
CEO
Mr. Kevin Sung Kim J.D.
Market Cap
$1.61B
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
Mon, 28 Oct 2024
Sentiment - NEUTRAL
Source - Seeking Alpha
Summary - Hope Bancorp, Inc. (NASDAQ: HOPE) will hold its Q3 2024 earnings conference call on October 28, 2024, at 12:30 PM ET with key executives and analyst participants.
Why It Matters - The Q3 earnings call provides insights into Hope Bancorp's financial performance, strategic direction, and management outlook, which can impact stock valuation and investor sentiment.
Mon, 28 Oct 2024
Sentiment - NEUTRAL
Source - Business Wire
Summary - Hope Bancorp, Inc. (NASDAQ: HOPE) reported Q3 2024 net income of $24.2 million ($0.20/share), down from $25.3 million ($0.21/share) in Q2 2024.
Why It Matters - Hope Bancorp's slight decline in net income may indicate slowing growth, which could affect investor confidence and stock performance. Monitoring trends in earnings is crucial for valuation.
Mon, 28 Oct 2024
Sentiment - NEUTRAL
Source - Business Wire
Summary - Hope Bancorp, Inc. (NASDAQ: HOPE) declared a quarterly cash dividend of $0.14 per share, payable on November 21, 2024, to shareholders of record as of November 7, 2024.
Why It Matters - Hope Bancorp's quarterly dividend declaration reflects its financial stability and commitment to returning value to shareholders, which can boost investor confidence and stock demand.
Mon, 28 Oct 2024
Sentiment - NEGATIVE
Source - Zacks Investment Research
Summary - Hope Bancorp (HOPE) reported quarterly earnings of $0.21 per share, below the Zacks Consensus Estimate of $0.22 and down from $0.25 per share year-over-year.
Why It Matters - Hope Bancorp's earnings miss signals potential weakness in profitability, which may lead to decreased investor confidence and a negative impact on stock performance.
Mon, 28 Oct 2024
Sentiment - POSITIVE
Source - Zacks Investment Research
Summary - Hope Bancorp (HOPE) reported its revenue and EPS for Q3 2024, which should be evaluated against Wall Street estimates and year-ago figures for a comprehensive performance assessment.
Why It Matters - Comparing Hope Bancorp's revenue and EPS to Wall Street estimates and year-ago figures informs investors about performance trends, market expectations, and potential stock valuation adjustments.
Tue, 29 Oct 2024
Sentiment - NEUTRAL
Source - PRNewsWire
Summary - Blue Hill Advisors urges Territorial Bancorp shareholders to vote against the sale to Hope Bancorp at the Nov. 6 meeting, advocating for due diligence and exploration of better offers.
Why It Matters - The letter indicates potential investor unrest and challenges to the merger, which could affect share prices and investor sentiment regarding Territorial Bancorp's future.
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