Hope Bancorp (NASDAQ:HOPE – Get Free Report) will post its quarterly earnings results before the market opens on Monday, April 29th. Analysts expect Hope Bancorp to post earnings of $0.27 per share for the quarter. Persons interested in participating in the company’s earnings conference call can do so using this link.
Hope Bancorp (NASDAQ:HOPE – Get Free Report) last posted its quarterly earnings data on Tuesday, January 30th. The financial services provider reported $0.22 earnings per share for the quarter, missing analysts’ consensus estimates of $0.25 by ($0.03). The company had revenue of $135.20 million for the quarter, compared to analysts’ expectations of $138.47 million. Hope Bancorp had a return on equity of 7.03% and a net margin of 12.19%. During the same period in the previous year, the business posted $0.43 EPS. On average, analysts expect Hope Bancorp to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
Hope Bancorp Price Performance
HOPE stock opened at $10.96 on Friday. The company has a current ratio of 1.05, a quick ratio of 1.05 and a debt-to-equity ratio of 0.90. The company has a market capitalization of $1.32 billion, a PE ratio of 9.79 and a beta of 1.13. The business’s fifty day moving average price is $10.95 and its 200 day moving average price is $10.73. Hope Bancorp has a 12-month low of $7.42 and a 12-month high of $12.51.
Hope Bancorp Dividend Announcement
Analysts Set New Price Targets
Several equities analysts have commented on HOPE shares. Wedbush decreased their price target on shares of Hope Bancorp from $13.00 to $12.00 and set a “neutral” rating for the company in a research report on Wednesday, January 31st. StockNews.com upgraded Hope Bancorp from a “sell” rating to a “hold” rating in a research note on Saturday, January 6th. Four analysts have rated the stock with a hold rating, According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $11.33.
Read Our Latest Stock Report on HOPE
About Hope Bancorp
Hope Bancorp, Inc operates as the bank holding company for Bank of Hope that provides retail and commercial banking services for businesses and individuals in the United States. It accepts personal and business checking, money market, savings, time deposit, and individual retirement accounts. The company also offers loans comprising commercial and industrial loans to businesses for various purposes, such as working capital, purchasing inventory, debt refinancing, business acquisitions, international trade finance, other business-related financing, and loans syndication services; commercial real estate loans; residential mortgage loans; small business administration loans; and consumer loans, such as single-family mortgage, home equity, automobile, credit card, and personal loans.
See Also
- Five stocks we like better than Hope Bancorp
- Should You Add These Warren Buffett Stocks to Your Portfolio?
- MarketBeat Week in Review – 4/22 – 4/26
- What Are the FAANG Stocks and Are They Good Investments?
- 3 Stocks Leading the U.S. Agriculture Comeback
- 5 Top Rated Dividend Stocks to Consider
- How to Use Put Debit Spreads to Profit From Falling Stocks
Receive News & Ratings for Hope Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hope Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.