With 0.61 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.73 million shares. During the session, the Banks – Regional company that operates in wider Financial sector, reached to the highest price of $12.425 whereas the lowest price it dropped to was $11.95. The 52-week range on HOPE shows that it touched its highest point at $14.53 and its lowest point at $9.80 during that stretch. It currently has a 1-year price target of $14.30. With its current market cap of 1.45 billion, HOPE has annualized dividend of $0.56 while the current yield stands at 4.67%. Beta for the stock currently stands at 1.15.
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 down-trending over the past week, with a drop of -3.23%, but this was down by -12.55% over a month. Three-month performance dropped to -1.72% while six-month performance rose 13.99%. The stock lost -0.08% in the past year, while it has lost -2.52% so far this year. A look at the trailing 12-month EPS for HOPE yields 0.84 with Next year EPS estimates of 1.16. For the next quarter, that number is 0.14. This implies an EPS growth rate of -30.63% for this year and 50.65% 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, 120.74 million HOPE shares are outstanding with a float of 114.64 million shares on hand for trading. On 2024-12-13, short shares totaled 2.11 million, which was 175.00000000000003 higher than short shares on 1731628800. 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 0.90850997 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. There are 0 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With HOPE analysts setting a high price target of 15.5 and a low target of 13.0, the average target price over the next 12 months is 14.3. Based on these targets, HOPE could surge 29.38% to reach the target high and rise by 8.51% to reach the target low. Reaching the average price target will result in a growth of 19.37% from current levels.
Analysts have provided yearly estimates in a range of $0.80624 being high and $0.72471 being low. For HOPE, this leads to a yearly average estimate of $0.77.
