FY2025 EPS Estimates for Origin Bancorp Cut by DA Davidson

Origin Bancorp, Inc. (NASDAQ:OBK - Free Report) - Equities research analysts at DA Davidson dropped their FY2025 earnings per share (EPS) estimates for shares of Origin Bancorp in a research note issued on Thursday, December 19th. DA Davidson analyst M. Navas now expects that the company will post earnings of $2.50 per share for the year, down from their prior estimate of $2.55. DA Davidson currently has a "Buy" rating and a $38.00 price target on the stock. The consensus estimate for Origin Bancorp's current full-year earnings is $2.46 per share.

Origin Bancorp (NASDAQ:OBK - Get Free Report) last released its quarterly earnings results on Wednesday, October 23rd. The company reported $0.60 earnings per share for the quarter, missing the consensus estimate of $0.66 by ($0.06). Origin Bancorp had a return on equity of 7.36% and a net margin of 12.12%. The firm had revenue of $160.25 million during the quarter, compared to the consensus estimate of $93.40 million. During the same period in the previous year, the company posted $0.71 EPS.

Several other brokerages have also issued reports on OBK. Stephens upped their target price on Origin Bancorp from $37.00 to $38.00 and gave the stock an "overweight" rating in a research note on Friday, October 25th. Keefe, Bruyette & Woods lifted their target price on shares of Origin Bancorp from $37.00 to $42.00 and gave the stock an "outperform" rating in a research report on Wednesday, December 4th. One research analyst has rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $36.80.

Origin Bancorp Price Performance

Shares of NASDAQ:OBK traded up $0.03 during trading on Friday, reaching $32.80. The company had a trading volume of 427,368 shares, compared to its average volume of 107,858. Origin Bancorp has a 12 month low of $27.69 and a 12 month high of $37.56. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 0.17. The stock has a market capitalization of $1.02 billion, a P/E ratio of 13.50 and a beta of 1.00. The company has a fifty day moving average of $34.01 and a two-hundred day moving average of $32.63.

Origin Bancorp Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, November 29th. Shareholders of record on Friday, November 15th were given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 1.83%. The ex-dividend date was Friday, November 15th. Origin Bancorp's dividend payout ratio (DPR) is 24.69%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. nVerses Capital LLC purchased a new position in Origin Bancorp in the second quarter worth about $25,000. Point72 Asia Singapore Pte. Ltd. purchased a new position in shares of Origin Bancorp in the third quarter worth approximately $30,000. Quantbot Technologies LP grew 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 buying an additional 1,187 shares during the period. Meeder Asset Management Inc. purchased a new stake in Origin Bancorp during the second quarter valued at approximately $91,000. Finally, SG Americas Securities LLC purchased a new stake in Origin Bancorp during the third quarter valued at approximately $160,000. 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.