DA Davidson Predicts Origin Bancorp Q1 Earnings

Origin Bancorp, Inc. (NASDAQ:OBK - Free Report) - Research analysts at DA Davidson issued their Q1 2025 EPS estimates for shares of Origin Bancorp in a note issued to investors on Tuesday, January 28th. DA Davidson analyst M. Navas forecasts that the company will post earnings of $0.66 per share for the quarter. DA Davidson currently has a "Buy" rating and a $44.00 target price on the stock. The consensus estimate for Origin Bancorp's current full-year earnings is $3.02 per share.

Other research analysts also recently issued research reports about the company. Piper Sandler increased their price target on Origin Bancorp from $35.00 to $42.00 and gave the company a "neutral" rating in a report on Friday, January 24th. Raymond James reiterated a "strong-buy" rating and issued a $44.00 target price (up previously from $40.00) on shares of Origin Bancorp in a research report on Friday, January 24th. Stephens reissued an "overweight" rating and set a $42.00 target price on shares of Origin Bancorp in a research note on Thursday, January 23rd. Finally, Keefe, Bruyette & Woods restated an "outperform" rating and issued a $45.00 target price (up previously from $42.00) on shares of Origin Bancorp in a report on Wednesday. One investment analyst has rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Buy" and an average price target of $43.40.

Origin Bancorp Stock Down 0.8 %

Shares of OBK stock traded down $0.29 during trading hours on Wednesday, reaching $37.85. The company had a trading volume of 157,960 shares, compared to its average volume of 155,425. The company has a market capitalization of $1.18 billion, a P/E ratio of 15.38 and a beta of 1.00. The stock's fifty day simple moving average is $34.96 and its 200 day simple moving average is $33.47. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.97 and a current ratio of 0.97. Origin Bancorp has a twelve month low of $27.69 and a twelve month high of $39.48.

Origin Bancorp Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, February 28th. Shareholders of record on Friday, February 14th will be paid a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 1.59%. The ex-dividend date is Friday, February 14th. Origin Bancorp's payout ratio is 24.39%.

Hedge Funds Weigh In On Origin Bancorp

Institutional investors and hedge funds have recently modified their holdings of the business. The Manufacturers Life Insurance Company grew its stake in shares of Origin Bancorp by 5.5% in the second quarter. The Manufacturers Life Insurance Company now owns 11,419 shares of the company's stock valued at $362,000 after buying an additional 599 shares in the last quarter. Fisher Asset Management LLC lifted its position in shares of Origin Bancorp by 1.5% during the 3rd quarter. Fisher Asset Management LLC now owns 40,329 shares of the company's stock valued at $1,297,000 after acquiring an additional 612 shares during the period. Point72 Asia Singapore Pte. Ltd. acquired a new stake in Origin Bancorp during the third quarter worth about $30,000. Harbor Capital Advisors Inc. increased its stake in shares of Origin Bancorp by 12.3% in the 3rd quarter. Harbor Capital Advisors Inc. now owns 8,889 shares of the company's stock valued at $286,000 after purchasing an additional 977 shares during the last quarter. Finally, Natixis Advisors LLC boosted its stake in shares of Origin Bancorp by 10.2% in the 3rd quarter. Natixis Advisors LLC now owns 11,024 shares of the company's stock valued at $355,000 after purchasing an additional 1,017 shares in the last quarter. 54.68% of the stock is currently owned by institutional investors and hedge funds.

About Origin Bancorp

Origin Bancorp, Inc operates as a bank holding company for Origin Bank that provides banking and financial services to small and medium-sized businesses, municipalities, and retail clients in Texas, Louisiana, and Mississippi. It offers noninterest and interest-bearing checking accounts, savings deposits, money market accounts, and time deposits; and offers commercial real estate, construction and land development, consumer, residential real estate, commercial and industrial, mortgage warehouse, and residential mortgage loans.