Origin Bancorp FY2025 EPS Estimate Boosted by DA Davidson

Origin Bancorp, Inc. (NASDAQ:OBK - Free Report) - Research analysts at DA Davidson lifted their FY2025 earnings per share estimates for shares of Origin Bancorp in a note issued to investors on Tuesday, January 28th. DA Davidson analyst M. Navas now forecasts that the company will post earnings per share of $3.45 for the year, up from their prior estimate of $2.50. 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.

Several other research firms have also recently commented on OBK. Keefe, Bruyette & Woods reaffirmed an "outperform" rating and issued a $45.00 target price (up from $42.00) on shares of Origin Bancorp in a research report on Wednesday, January 29th. Stephens restated an "overweight" rating and set a $42.00 price target on shares of Origin Bancorp in a research report on Thursday, January 23rd. Raymond James reiterated a "strong-buy" rating and issued a $44.00 price objective (up previously from $40.00) on shares of Origin Bancorp in a report on Friday, January 24th. Finally, Piper Sandler boosted their target price on shares of Origin Bancorp from $35.00 to $42.00 and gave the company a "neutral" rating in a report on Friday, January 24th. One analyst has rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Buy" and an average target price of $43.40.

Origin Bancorp Trading Down 0.9 %

OBK traded down $0.34 on Thursday, hitting $37.58. 146,769 shares of the company were exchanged, compared to its average volume of 170,199. 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 12 month low of $27.69 and a 12 month high of $39.48. The firm has a fifty day simple moving average of $34.96 and a two-hundred day simple moving average of $33.44. The stock has a market capitalization of $1.17 billion, a PE ratio of 15.28 and a beta of 1.00.

Origin Bancorp Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, February 28th. Investors of record on Friday, February 14th will be paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 1.60%. The ex-dividend date is Friday, February 14th. Origin Bancorp's dividend payout ratio (DPR) is presently 24.39%.

Hedge Funds Weigh In On Origin Bancorp

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Point72 Asia Singapore Pte. Ltd. purchased a new stake in shares of Origin Bancorp during the 3rd quarter worth approximately $30,000. Brooklyn Investment Group purchased a new stake in Origin Bancorp during the fourth quarter valued at $48,000. Quantbot Technologies LP lifted its position in Origin Bancorp by 78.1% during the third quarter. Quantbot Technologies LP now owns 2,706 shares of the company's stock valued at $87,000 after purchasing an additional 1,187 shares during the last quarter. SG Americas Securities LLC bought a new stake in shares of Origin Bancorp in the 3rd quarter worth about $160,000. Finally, Janney Montgomery Scott LLC purchased a new stake in shares of Origin Bancorp during the 4th quarter valued at about $219,000. Institutional investors own 54.68% of the company's stock.

Origin Bancorp Company Profile

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.