Oppenheimer (NYSE:OPY - Get Free Report) released its earnings results on Friday. The financial services provider reported $0.92 earnings per share for the quarter, Zacks reports. Oppenheimer had a return on equity of 8.76% and a net margin of 5.00%.
Oppenheimer Trading Down 1.8 %
Shares of NYSE OPY traded down $1.25 during trading hours on Tuesday, reaching $66.91. The stock had a trading volume of 26,263 shares, compared to its average volume of 23,344. The company has a current ratio of 1.29, a quick ratio of 0.80 and a debt-to-equity ratio of 0.13. The business's fifty day moving average price is $65.36 and its two-hundred day moving average price is $57.14. The firm has a market cap of $691.16 million, a price-to-earnings ratio of 10.50 and a beta of 1.14. Oppenheimer has a 52-week low of $36.93 and a 52-week high of $73.12.
Oppenheimer Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 14th will be given a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.08%. The ex-dividend date is Friday, February 14th. Oppenheimer's dividend payout ratio (DPR) is presently 11.30%.
Wall Street Analyst Weigh In
Separately, StockNews.com lowered shares of Oppenheimer from a "strong-buy" rating to a "buy" rating in a research report on Monday.
Get Our Latest Stock Report on Oppenheimer
Oppenheimer Company Profile
(
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Oppenheimer Holdings Inc operates as a middle-market investment bank and full-service broker-dealer in the Americas, Europe, the Middle East, and Asia. The company provides brokerage services covering corporate equity and debt securities, money market instruments, exchange-traded options and futures contracts, municipal bonds, mutual funds, exchange-traded funds, and unit investment trusts; financial and wealth planning services; and margin lending services.
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