NASDAQ:HOPE Hope Bancorp (HOPE) Stock Price, News & Analysis $12.21 -0.22 (-1.77%) (As of 09/6/2024 ET) Add Compare Share Share Today's Range$12.17▼$12.5350-Day Range$10.37▼$13.5252-Week Range$8.15▼$13.59Volume607,443 shsAverage Volume719,254 shsMarket Capitalization$1.47 billionP/E Ratio12.21Dividend Yield4.59%Price Target$12.50 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get Hope Bancorp alerts: Email Address Hope Bancorp MarketRank™ Stock AnalysisAnalyst RatingHold2.33 Rating ScoreUpside/Downside2.4% Upside$12.50 Price TargetShort InterestHealthy2.65% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-0.41Upright™ Environmental ScoreNews Sentiment0.71Based on 15 Articles This WeekInsider TradingSelling Shares$361,996 Sold Last QuarterProj. Earnings Growth49.44%From $0.89 to $1.33 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.32 out of 5 starsFinance Sector158th out of 871 stocksNational Commercial Banks Industry22nd out of 86 stocks 1.2 Analyst's Opinion Consensus RatingHope Bancorp has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.Amount of Analyst CoverageHope Bancorp has only been the subject of 1 research reports in the past 90 days.Read more about Hope Bancorp's stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.65% of the float of Hope Bancorp has been sold short.Short Interest Ratio / Days to CoverHope Bancorp has a short interest ratio ("days to cover") of 3.8, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Hope Bancorp has recently increased by 28.39%, indicating that investor sentiment is decreasing significantly. Previous Next 3.3 Dividend Strength Dividend LeadershipHope Bancorp is a leading dividend payer. It pays a dividend yield of 4.47%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthHope Bancorp does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Hope Bancorp is 56.00%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Hope Bancorp will have a dividend payout ratio of 42.11% next year. This indicates that Hope Bancorp will be able to sustain or increase its dividend.Read more about Hope Bancorp's dividend. Previous Next 3.2 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreHope Bancorp has received a 33.53% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Retirement saving services", "Cash withdrawal services", "Mortgages provided by brick and mortar banks", "Mortgage loans for corporations", "Corporate debit cards", and "Home equity loans" products. See details.Environmental SustainabilityThe Environmental Impact score for Hope Bancorp is -0.41. Previous Next 1.5 News and Social Media Coverage News SentimentHope Bancorp has a news sentiment score of 0.71. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Finance companies.News Coverage This WeekMarketBeat has tracked 15 news articles for Hope Bancorp this week, compared to 15 articles on an average week.MarketBeat FollowsOnly 1 people have added Hope Bancorp to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Hope Bancorp insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $361,996.00 in company stock.Percentage Held by InsidersOnly 5.29% of the stock of Hope Bancorp is held by insiders.Percentage Held by Institutions84.00% of the stock of Hope Bancorp is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Hope Bancorp's insider trading history. Previous Next 3.8 Earnings and Valuation Earnings GrowthEarnings for Hope Bancorp are expected to grow by 49.44% in the coming year, from $0.89 to $1.33 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Hope Bancorp is 12.21, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.70.Price to Earnings Ratio vs. SectorThe P/E ratio of Hope Bancorp is 12.21, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 31.89.Price to Book Value per Share RatioHope Bancorp has a P/B Ratio of 0.70. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about Hope Bancorp's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Porter & CompanyWar on Elon Escalates… A radical, potentially game-changing technology that threatens to destroy the trillion-dollar, “green energy” grift of the elites. And yet, while it threatens their wealth and power, it could be transformational for both the U.S. economy and your wealth.One company holds a near-total monopoly on it. About Hope Bancorp Stock (NASDAQ:HOPE)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. In addition, it provides internet banking and bill-pay, remote deposit capture, lock box, and ACH origination services; treasury management services; foreign currency exchange transactions; interest rate contracts and wealth management services; automated teller machine services; and engages in investment activities. Hope Bancorp, Inc. was founded in 1986 and is headquartered in Los Angeles, California.Read More HOPE Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart HOPE Stock News HeadlinesSeptember 6 at 9:34 AM | insidertrades.comAngelee Harris Sells 1,500 Shares of Hope Bancorp, Inc. (NASDAQ:HOPE) StockSeptember 4 at 4:39 AM | insidertrades.comHope Bancorp, Inc. (NASDAQ:HOPE) Director David P. Malone Sells 10,428 SharesSeptember 7, 2024 | Paradigm Press (Ad)Ex-CIA Advisor: “This is How Kamala will Rig the Election”A former CIA advisor with close ties to the White House… Has just released this shocking expose on Kamala’s plan to stop Trump. Every American needs to prepare now…August 21, 2024 | insidertrades.comHope Bancorp, Inc. (NASDAQ:HOPE) Director Jinho Doo Sells 10,703 SharesAugust 20, 2024 | insidertrades.comThomas Stenger Sells 3,200 Shares of Hope Bancorp, Inc. (NASDAQ:HOPE) StockSeptember 6 at 4:36 AM | bizjournals.comInvesting beyond luck, hype and hope: Advisor breaks down the risk-reward equation in financial planningSeptember 5 at 1:32 PM | markets.businessinsider.comNorth Texas Food Bank Recognizes Feeding Partners at Agency Partner SummitSeptember 5 at 1:32 PM | yahoo.comHope Solo Net Worth 2024: How Much Money Does She Make?September 7, 2024 | Paradigm Press (Ad)Ex-CIA Advisor: “This is How Kamala will Rig the Election”A former CIA advisor with close ties to the White House… Has just released this shocking expose on Kamala’s plan to stop Trump. Every American needs to prepare now…September 5 at 5:57 AM | americanbankingnews.comDavid P. Malone Sells 10,428 Shares of Hope Bancorp, Inc. (NASDAQ:HOPE) StockSeptember 3, 2024 | msn.comBridges to Hope doubles the number of students helped this year with their 'Bag to School' programSeptember 1, 2024 | bizjournals.comInside the holding company that started with an engineer, a dream and a bank loanSeptember 1, 2024 | msn.comSchool clothes bank helps with uniform costsAugust 30, 2024 | news.yahoo.comWill new Israeli settlers remain in West Bank?August 24, 2024 | yahoo.comAmerican Cancer Society hosts Lights of Hope display to honor those affected by cancerAugust 24, 2024 | forbes.comThe Value Of Diversity: How Nydia Quintero Has Spread Hope in ColombiaAugust 24, 2024 | nytimes.comIn a Grim Palestinian Refugee Community, People See Hope in HamasAugust 24, 2024 | msn.com75-year-old Mobile bank robber gets nearly 13 years in prisonSee More Headlines Receive HOPE Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Hope Bancorp and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings7/29/2024Ex-Dividend for 8/22 Dividend8/08/2024Dividend Payable8/22/2024Today9/07/2024Next Earnings (Estimated)10/28/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorFinance Industry National commercial banks Sub-IndustryRegional Banks Current SymbolNASDAQ:HOPE CUSIP07329510 CIK1128361 Webwww.bankofhope.com Phone(213) 639-1700Fax213-235-3033Employees1,244Year FoundedN/APrice Target and Rating Average Stock Price Target$12.50 High Stock Price Target$14.00 Low Stock Price Target$11.00 Potential Upside/Downside+2.4%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$1.00 Trailing P/E Ratio12.21 Forward P/E Ratio13.72 P/E GrowthN/ANet Income$133.67 million Net Margins10.02% Pretax Margin13.41% Return on Equity5.85% Return on Assets0.66% Debt Debt-to-Equity Ratio0.13 Current Ratio0.96 Quick Ratio0.95 Sales & Book Value Annual Sales$519.14 million Price / Sales2.84 Cash Flow$1.28 per share Price / Cash Flow9.55 Book Value$17.49 per share Price / Book0.70Miscellaneous Outstanding Shares120,615,000Free Float114,234,000Market Cap$1.47 billion OptionableOptionable Beta1.13 10 Best Cheap Stocks to Buy NowMarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesMr. Kevin Sung Kim J.D. (Age 66)Chairman, President & CEO Comp: $1.77MMs. Julianna Balicka (Age 46)Executive VP & CFO Comp: $586.5kMr. Peter J. Koh (Age 47)Senior EVP & COO Comp: $619.96kMr. Thomas P. Stenger (Age 64)Senior EVP & Chief Risk Officer Comp: $736.55kMs. Kyu S. Kim (Age 63)Senior EVP & Chief Commercial Banking Officer of Bank of Hope Comp: $611.39kMr. Daniel H. Kim (Age 56)Executive VP and Chief Strategy & Administrative Officer Ms. Angie YangSenior VP and Director of IR & Corporate CommunicationsMs. Angelee J. Harris (Age 54)Executive VP, General Counsel & Corporate Secretary Mr. Jason K. Kim (Age 57)Senior EVP & President of Western Regional of Bank of Hope Comp: $343.35kMr. Andy ChanExecutive VP & Chief Internal Audit ExecutiveMore ExecutivesKey CompetitorsSandy Spring BancorpNASDAQ:SASRNational BankNYSE:NBHCWestamerica BancorporationNASDAQ:WABCMeridian BancorpNASDAQ:EBSBNorthwest BancsharesNASDAQ:NWBIView All CompetitorsInsiders & InstitutionsAngelee HarrisSold 1,500 sharesTotal: $18,720.00 ($12.48/share)David P MaloneSold 10,428 sharesTotal: $132,539.88 ($12.71/share)Dana Investment Advisors Inc.Sold 7,059 shares on 8/27/2024Ownership: 0.435%Jinho DooSold 10,703 sharesTotal: $132,717.20 ($12.40/share)Thomas StengerSold 3,200 sharesTotal: $39,680.00 ($12.40/share)View All Insider TransactionsView All Institutional Transactions HOPE Stock Analysis - Frequently Asked Questions How have HOPE shares performed this year? Hope Bancorp's stock was trading at $12.08 at the start of the year. Since then, HOPE shares have increased by 1.1% and is now trading at $12.21. View the best growth stocks for 2024 here. How were Hope Bancorp's earnings last quarter? Hope Bancorp, Inc. (NASDAQ:HOPE) issued its quarterly earnings data on Monday, July, 29th. The financial services provider reported $0.22 EPS for the quarter, meeting the consensus estimate of $0.22. The firm's revenue for the quarter was down 20.9% on a year-over-year basis. Who are Hope Bancorp's major shareholders? Hope Bancorp's top institutional shareholders include Dimensional Fund Advisors LP (6.07%), LSV Asset Management (2.00%), Assenagon Asset Management S.A. (1.93%) and American Century Companies Inc. (1.66%). Insiders that own company stock include Steven Koh, David P Malone, Dale S Zuehls, William J Lewis, Thomas Stenger, Angelee Harris and Jinho Doo. View institutional ownership trends. How do I buy shares of Hope Bancorp? Shares of HOPE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of Hope Bancorp own? Based on aggregate information from My MarketBeat watchlists, some other companies that Hope Bancorp investors own include Xtrackers California Municipal Bond ETF (CA), BlackRock (BLK), Endologix (ELGX), Chipotle Mexican Grill (CMG), Athabasca Oil (ATH), NIC (EGOV) and Aegean Marine Petroleum Network (ANW). This page (NASDAQ:HOPE) was last updated on 9/7/2024 by MarketBeat.com Staff From Our PartnersPerfect Crypto Buying Opportunity for 50 CentsWhen cryptos take a hit, the mom and pop investors run for the hills. 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