With 0.78 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.76 million shares. During the session, the Banks – Regional company that operates in wider Financial sector, reached to the highest price of $13.23 whereas the lowest price it dropped to was $12.765. The 52-week range on HOPE shows that it touched its highest point at $13.59 and its lowest point at $8.15 during that stretch. It currently has a 1-year price target of $13.70. With its current market cap of 1.59 billion, HOPE has annualized dividend of $0.56 while the current yield stands at 4.24%. Beta for the stock currently stands at 1.13.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of HOPE was up-trending over the past week, with a rise of 9.72%, but this was up by 8.81% over a month. Three-month performance surged to 30.15% while six-month performance rose 18.58%. The stock gained 45.81% in the past year, while it has gained 9.35% so far this year. A look at the trailing 12-month EPS for HOPE yields 0.89 with Next year EPS estimates of 1.28. For the next quarter, that number is 0.21. This implies an EPS growth rate of -24.14% for this year and 52.26% for next year. EPS is expected to grow by 8.00% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -5.03%.
Float and Shares Shorts:
At present, 120.13 million HOPE shares are outstanding with a float of 114.50 million shares on hand for trading. On 2024-08-30, short shares totaled 2.92 million, which was 242.0 higher than short shares on 1722384000. In addition to Mr. Kevin Sung Kim J.D. as the firm’s Chairman, President & CEO, Ms. Julianna Balicka serves as its Executive VP & CFO.
Institutional Ownership:
Through their ownership of 0.90674 of HOPE’s outstanding shares, institutional investors have minority control over the company.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for HOPE since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.
