Is Hope Bancorp Inc (NASDAQ: HOPE) Still On The Rise?

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours.

Stocks Info

This NASDAQ-listed company operates within the Banks – Regional industry segment, falling under the Financial sector. The current market capitalization of Hope Bancorp Inc is $1.35B. A total of 0.68 million shares were traded on the day, compared to an average of 1.09M shares.

In the most recent transaction, Stenger Thomas sold 4,185 shares of HOPE for 11.83 per share on Jan 30 ’25. After the transaction, the SEVP, Chief Risk Officer now owns 19,267 company shares. In a previous transaction on Jan 30 ’25, Stenger Thomas bought 4,185 shares at 11.83 per share.

Among the insiders who sold shares, Malone David P disposed of 28,763 shares on Dec 10 ’24 at a per-share price of $13.50. This resulted in the Director holding 81,228 shares of HOPE after the transaction. In another insider transaction, Malone David P bought 28,796 shares at $13.58 per share on Dec 06 ’24.

Dividend

The income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. Hope Bancorp Inc pays an annual dividend of $0.56, resulting in a dividend yield of 5.33%, and it has a price to earnings (P/E) ratio of 13.43.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. In terms of 52-week highs and lows, HOPE has a high of $14.53 and a low of $8.82.

As of this writing, HOPE has an earnings estimate of $0.2 per share for the current quarter. EPS was calculated based on a consensus of 4.0 estimates, with a high estimate of $0.23 per share and a lower estimate of $0.17.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. Its Book Value Per Share was $17.84, while its Total Shareholder’s Equity was $2.09B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for HOPE is Buy with a score of 3.40.

Related Posts

Park Telegraph
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.