FY2025 EPS Estimates for OP Bancorp Raised by DA Davidson

OP Bancorp (NASDAQ:OPBK) – Equities research analysts at DA Davidson increased their FY2025 earnings per share (EPS) estimates for shares of OP Bancorp in a research note issued on Tuesday, January 28th. DA Davidson analyst G. Tenner now anticipates that the company will post earnings per share of $1.90 for the year, up from their previous estimate of $1.51. The consensus estimate for OP Bancorp’s current full-year earnings is $1.46 per share.

OP Bancorp (NASDAQ:OPBK) last announced its quarterly earnings data on Thursday, January 23rd. The company reported $0.33 earnings per share for the quarter, missing analysts’ consensus estimates of $0.36 by ($0.03). OP Bancorp had a net margin of 14.18% and a return on equity of 10.81%.

Separately, Keefe, Bruyette & Woods cut their target price on shares of OP Bancorp from $19.00 to $18.00 and set a “market perform” rating for the company in a research report on Monday.

OP Bancorp Trading Up 0.5 %

Shares of OPBK opened at $13.54 on Thursday. OP Bancorp has a twelve month low of $8.91 and a twelve month high of $18.57. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 0.37. The firm has a market capitalization of $200.53 million, a P/E ratio of 9.67 and a beta of 0.66. The firm’s 50-day moving average is $16.09 and its two-hundred day moving average is $14.09.

OP Bancorp Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, February 20th. Shareholders of record on Thursday, February 6th will be paid a $0.12 dividend. The ex-dividend date of this dividend is Thursday, February 6th. This represents a $0.48 annualized dividend and a yield of 3.55%. OP Bancorp’s payout ratio is currently 34.29%.

Hedge Funds Weigh In On OP Bancorp

Large investors have recently added to or reduced their stakes in the business. Empowered Funds LLC lifted its holdings in shares of OP Bancorp by 5.2% during the 4th quarter. Empowered Funds LLC now owns 52,929 shares of the company’s stock worth $837,000 after acquiring an additional 2,615 shares during the period. Ritholtz Wealth Management raised its stake in OP Bancorp by 10.4% during the fourth quarter. Ritholtz Wealth Management now owns 39,688 shares of the company’s stock worth $627,000 after purchasing an additional 3,740 shares during the period. Barclays PLC acquired a new position in OP Bancorp in the third quarter valued at $58,000. Geode Capital Management LLC increased its stake in OP Bancorp by 2.6% during the third quarter. Geode Capital Management LLC now owns 118,203 shares of the company’s stock worth $1,476,000 after acquiring an additional 2,948 shares during the last quarter. Finally, Fourthstone LLC purchased a new position in shares of OP Bancorp in the 3rd quarter worth about $1,448,000. 53.63% of the stock is currently owned by hedge funds and other institutional investors.

OP Bancorp Company Profile

OP Bancorp operates as the bank holding company for Open Bank that provides banking products and services in California. It offers demand, checking, savings, money market, and time deposit accounts, as well as certificates of deposit. The company also provides commercial real estate, small business administration, commercial and industrial business, single-family residential, term, consumer, and home mortgage loans; trade financing products; and letters of credit, and SWIFT and export advice.