Hope Bancorp, Inc is a banks-regional business based in the US. Hope Bancorp shares (HOPE) are listed on the NASDAQ and all prices are listed in US Dollars. Hope Bancorp employs 1,444 staff and has a trailing 12-month revenue of around 0.00.
How to buy shares in Hope Bancorp
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- Confirm your payment details. Fund your account.
- Research the stock. Find the stock by name or ticker symbol – HOPE – and research it before deciding if it's a good investment for you.
- Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
- Check in on your investment. Optimize your portfolio by tracking your stock.
What's in this guide?
- HOPE shares summary
- Compare share dealing platforms
- Is HOPE stock a buy or sell?
- Stock performance over time
- Can I short HOPE shares?
- Are HOPE shares over-valued?
- Hope Bancorp's financials
- How volatile are HOPE shares?
- Does Hope Bancorp pay a dividend?
- Have HOPE shares ever split?
- Other common questions
Hope Bancorp stock price (NASDAQ: HOPE)Use our graph to track the performance of HOPE stocks over time.
Hope Bancorp shares at a glance
|Latest market close||$15.30|
|52-week range||$6.77 - $16.46|
|50-day moving average||$14.22|
|200-day moving average||$14.15|
|Wall St. target price||$16.40|
|Dividend yield||$0.56 (4.33%)|
|Earnings per share (TTM)||$1.26|
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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
Is it a good time to buy Hope Bancorp stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Hope Bancorp price performance over time
|1 week (2021-07-15)||N/A|
|1 month (2021-06-25)||4.44%|
|3 months (2021-04-26)||-1.10%|
|6 months (2021-01-22)||N/A|
|1 year (2020-07-22)||N/A|
|2 years (2019-07-22)||N/A|
|3 years (2018-07-22)||N/A|
|5 years (2016-07-22)||N/A|
Is Hope Bancorp under- or over-valued?
Valuing Hope Bancorp stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Hope Bancorp's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Hope Bancorp's P/E ratio
Hope Bancorp's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 10x. In other words, Hope Bancorp shares trade at around 10x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Hope Bancorp's PEG ratio
Hope Bancorp's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.34. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Hope Bancorp's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Hope Bancorp financials
|Revenue TTM||$490.6 million|
|Operating margin TTM||46.34%|
|Gross profit TTM||$425.9 million|
|Return on assets TTM||0.9%|
|Return on equity TTM||7.58%|
|Market capitalisation||$1.6 billion|
TTM: trailing 12 months
Shorting Hope Bancorp shares
There are currently 2.7 million Hope Bancorp shares held short by investors – that's known as Hope Bancorp's "short interest". This figure is 8.5% down from 2.9 million last month.
There are a few different ways that this level of interest in shorting Hope Bancorp shares can be evaluated.
Hope Bancorp's "short interest ratio" (SIR)
Hope Bancorp's "short interest ratio" (SIR) is the quantity of Hope Bancorp shares currently shorted divided by the average quantity of Hope Bancorp shares traded daily (recently around 876099.6742671). Hope Bancorp's SIR currently stands at 3.07. In other words for every 100,000 Hope Bancorp shares traded daily on the market, roughly 3070 shares are currently held short.
However Hope Bancorp's short interest can also be evaluated against the total number of Hope Bancorp shares, or, against the total number of tradable Hope Bancorp shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Hope Bancorp's short interest could be expressed as 0.02% of the outstanding shares (for every 100,000 Hope Bancorp shares in existence, roughly 20 shares are currently held short) or 0.0228% of the tradable shares (for every 100,000 tradable Hope Bancorp shares, roughly 23 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Hope Bancorp.
Find out more about how you can short Hope Bancorp stock.
Hope Bancorp share dividends
Dividend payout ratio: 53.33% of net profits
Recently Hope Bancorp has paid out, on average, around 53.33% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 4.33% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Hope Bancorp shareholders could enjoy a 4.33% return on their shares, in the form of dividend payments. In Hope Bancorp's case, that would currently equate to about $0.56 per share.
Hope Bancorp's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
Hope Bancorp's most recent dividend payout was on 20 May 2021. The latest dividend was paid out to all shareholders who bought their shares by 28 July 2021 (the "ex-dividend date").
Have Hope Bancorp's shares ever split?
Hope Bancorp's shares were split on a 2:1 basis on 15 June 2004. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your Hope Bancorp shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for Hope Bancorp shares which in turn could have impacted Hope Bancorp's share price.
Hope Bancorp share price volatility
Over the last 12 months, Hope Bancorp's shares have ranged in value from as little as $6.7655 up to $16.4603. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Hope Bancorp's is 1.648. This would suggest that Hope Bancorp's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
Hope Bancorp overview
Hope Bancorp, Inc. operates as the bank holding company for Bank of Hope that provides banking services for small and medium-sized businesses, and individuals in the United States. The company accepts personal and business checking, money market, savings, time deposit, and individual retirement accounts. Its loan products include commercial loans to businesses for various purposes, such as working capital, purchasing inventory, debt refinancing, business acquisitions, and other business related financing needs; real estate loans; small business administration loans; and consumer loans, such as single-family mortgage, home equity, auto, credit card, and personal loans. The company also offers trade finance services, including the issuance and negotiation of letters of credit, as well as handles documentary collections; warehouse lines of credit to mortgage loan originators; and commercial equipment lease financing. In addition, it provides cash management services, such as remote deposit capture, lock box, and ACH origination services; investment and wealth management services; mobile banking services; debit card services; foreign exchanges services, safe deposit boxes, and other customary bank services; internet banking services; and automated teller machine services. As of January 26, 2021, the company operated 58 full-service branches in California, Washington, Texas, Illinois, New York, New Jersey, Virginia, and Alabama; SBA loan production offices in Seattle, Denver, Dallas, Atlanta, Portland, Oregon, New York City, Northern California, and Houston; commercial loan production office in Northern California and Seattle; residential mortgage loan production offices in Southern California; and a representative office in Seoul, Korea.
Stocks similar to Hope Bancorp
Hope Bancorp in the news
Hope Bancorp (NASDAQ:HOPE) Has Affirmed Its Dividend Of US$0.14
Hope Bancorp, inc (HOPE) Q2 2021 Earnings Call Transcript
Hope Bancorp, Inc (HOPE) CEO Kevin Kim on Q2 2021 Results - Earnings Call Transcript
Frequently asked questionsWhat percentage of Hope Bancorp is owned by insiders or institutions?
Currently 4.678% of Hope Bancorp shares are held by insiders and 86.046% by institutions. How many people work for Hope Bancorp?
Latest data suggests 1,444 work at Hope Bancorp. When does the fiscal year end for Hope Bancorp?
Hope Bancorp's fiscal year ends in December. Where is Hope Bancorp based?
Hope Bancorp's address is: 3200 Wilshire Boulevard, Los Angeles, CA, United States, 90010 What is Hope Bancorp's ISIN number?
Hope Bancorp's international securities identification number is: US43940T1097 What is Hope Bancorp's CUSIP number?
Hope Bancorp's Committee on Uniform Securities Identification Procedures number is: 073295107
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