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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 1,416 staff and has a trailing 12-month revenue of around USD$446.7 million.
|Latest market close||USD$10.39|
|52-week range||USD$6.712 - USD$14.189|
|50-day moving average||USD$10.05|
|200-day moving average||USD$8.8239|
|Wall St. target price||USD$10.6|
|Dividend yield||USD$0.56 (5.19%)|
|Earnings per share (TTM)||USD$1.012|
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.
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.
|1 week (2021-01-07)||-15.46%|
|1 month (2020-12-17)||-2.99%|
|3 months (2020-10-15)||28.83%|
|6 months (2020-07-15)||15.83%|
|1 year (2020-01-15)||-28.69%|
|2 years (2019-01-15)||-22.92%|
|3 years (2018-01-13)||N/A|
|5 years (2016-01-15)||15.53|
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 current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 11x. In other words, Hope Bancorp shares trade at around 11x 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 "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.
|Revenue TTM||USD$446.7 million|
|Operating margin TTM||41.12%|
|Gross profit TTM||USD$509 million|
|Return on assets TTM||0.79%|
|Return on equity TTM||6.2%|
|Market capitalisation||USD$1.3 billion|
TTM: trailing 12 months
There are currently 2.2 million Hope Bancorp shares held short by investors – that's known as Hope Bancorp's "short interest". This figure is 3.4% up from 2.1 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) is the quantity of Hope Bancorp shares currently shorted divided by the average quantity of Hope Bancorp shares traded daily (recently around 594016.08579088). Hope Bancorp's SIR currently stands at 3.73. In other words for every 100,000 Hope Bancorp shares traded daily on the market, roughly 3730 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 0.0323% of the tradable shares (for every 100,000 tradable Hope Bancorp shares, roughly 32 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.
Dividend payout ratio: 54.9% of net profits
Recently Hope Bancorp has paid out, on average, around 54.9% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 5.19% 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 5.19% 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 13 November 2020. The latest dividend was paid out to all shareholders who bought their shares by 29 October 2020 (the "ex-dividend date").
Hope Bancorp's shares were split on a 2:1 basis on 16 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.
Over the last 12 months, Hope Bancorp's shares have ranged in value from as little as $6.712 up to $14.189. 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 1.6378. 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, Inc. operates as the bank holding company for Bank of Hope that provides banking services to small and medium-sized businesses and individuals in the United States. The company offers personal and business checking, money market, savings, time deposit, and individual retirement accounts. It also provides commercial loans to businesses for various purposes, such as working capital, purchasing inventory, debt refinancing, business acquisitions, and other business related financing needs; commercial real estate loans; small business administration (SBA) loans; and consumer loans, such as auto, home equity, single-family mortgage, and signature loans. In addition, the company offers trade finance services, including the issuance and negotiation of letters of credit, as well as handles documentary collections; commercial equipment lease financing; and warehouse lines of credit to mortgage loan originators. Further, it provides cash management services, such as remote deposit capture, lock box, and ACH origination services; investment and wealth management services; mobile banking; debit and credit card services; foreign exchanges services, safe deposit boxes, and other customary bank services; Internet banking and bill-pay services; and automated teller machine services. As of December 31, 2019, Hope Bancorp, Inc. operated 58 full-service branches in California, Washington, Texas, Illinois, New York, New Jersey, Virginia, Georgia, and Alabama; SBA loan production offices in Seattle, Denver, Dallas, Atlanta, Portland, Oregon, New York City, Northern California, and Houston; a commercial loan production office in Northern California and Seattle; residential mortgage loan production offices in California; and a representative office in Seoul, Korea. The company was formerly known as BBCN Bancorp, Inc. and changed its name to Hope Bancorp, Inc. in August 2016. Hope Bancorp, Inc. was incorporated in 2000 and is headquartered in Los Angeles, California.
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