Based on ratings from 0 stock analysts, the Old Point Financial Corp stock price is expected to decrease by 100% in 12 months. This is calculated by using the average 12-month stock price forecast for Old Point Financial Corp. The lowest target is $ and the highest is $. Please note analyst price targets are not guaranteed and could be missed completely.
OPOF is a stock in Financial Services which has been forecasted to be worth $ as an average. On the higher end, the forecast price is $ USD by from and on the lower end OPOF is forecasted to be $ by from .
These are the latest 20 analyst ratings of OPOF.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Data Not Found! |
When did it IPO
1999
Staff Count
291
Country
United States
Sector/Industry
Financial Services/Banks - Regional
CEO
Mr. Robert F. Shuford Jr.
Market Cap
$96.4M
In 2023, OPOF generated $61.9M in revenue, which was a increase of 9.95% from the previous year. This can be seen as a signal that OPOF'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 - Old Point Financial Corporation will pay a quarterly dividend of $0.14 per share on September 27, 2024, to shareholders on record as of September 4, 2024.
Why It Matters - The declaration of a cash dividend indicates financial health and stability, potentially attracting more investors and positively impacting stock price.
Summary - Old Point Financial Corporation (OPOF) reported Q2 2024 net income of $2.5 million ($0.50 per share), up from $1.7 million ($0.34 per share) in Q1 2024 and $1.8 million ($0.36 per share) in Q2 2023.
Why It Matters - Old Point Financial's net income and earnings per share increased significantly in Q2 2024, indicating strong financial performance and potential for future growth, which can positively influence stock valuations.
Summary - Old Point Financial Corporation (OPOF) reported Q1 2024 net income of $1.7M ($0.34 per share), up from $1.5M ($0.29) in Q4 2023, but down from $3.1M ($0.62) in Q1 2023.
Why It Matters - Old Point's Q1 2024 earnings show a slight sequential increase in net income and EPS, indicating stability. However, year-over-year decline raises concerns about growth trajectory.
Summary - Old Point Financial Corporation (OPOF) reported Q4 2023 net income of $1.5 million ($0.29 per share), down from $2.6 million ($0.53 per share) in Q4 2022.
Why It Matters - Old Point's decline in net income and earnings per share indicates a potential weakening in financial performance, which may affect stock valuation and investor sentiment.
Summary - Old Point National Bank has formed a strategic alliance with Tidewater Home Funding, enhancing its service offerings in the mortgage sector.
Why It Matters - The alliance between Old Point National Bank and Tidewater Home Funding may enhance lending capabilities, expand market reach, and potentially increase profitability, influencing investor sentiment positively.
Summary - Old Point Financial Corporation announced the appointment of Dr. Arthur D. as a new member of its leadership team on December 26, 2023.
Why It Matters - Dr. Arthur D.'s announcement could signal leadership changes or strategic shifts within Old Point Financial Corporation, which may impact stock performance and investor confidence.