How to buy Old Point Financial Corporation (OPOF) stock

Old Point Financial Corporation is a banks-regional business based in the US. Old Point Financial Corporation shares (OPOF) are listed on the NASDAQ and all prices are listed in US Dollars. Old Point Financial Corporation employs 290 staff and has a trailing 12-month revenue of around 0.00.

Old Point Financial Corporation stock price (NASDAQ: OPOF)

Use our graph to track the performance of OPOF stocks over time.

Old Point Financial Corporation shares at a glance

• Key figures

Information last updated 2021-07-23.

Latest market close	$23.25
52-week range	$14.42 - $26.26
50-day moving average	$23.98
200-day moving average	$21.98
Wall St. target price	$15.00
PE ratio	16.4938
Dividend yield	$0.48 (2.09%)
Earnings per share (TTM)	$1.37

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Is it a good time to buy Old Point Financial Corporation 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.

Technical Analysis of Old Point Financial Corporation by TradingView

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.

Old Point Financial Corporation price performance over time

Historical closes compared with the close of $23.25 from 2021-05-28

1 week (2021-07-15)	N/A
1 month (2021-06-25)	-10.68%
3 months (2021-04-22)	N/A
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 Old Point Financial Corporation under- or over-valued?

Valuing Old Point Financial Corporation stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Old Point Financial Corporation's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Old Point Financial Corporation's P/E ratio

Old Point Financial Corporation's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 16x. In other words, Old Point Financial Corporation shares trade at around 16x 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.

Old Point Financial Corporation financials

Revenue TTM	$51.2 million
Operating margin TTM	16.91%
Gross profit TTM	$48.4 million
Return on assets TTM	0.62%
Return on equity TTM	6.27%
Profit margin	13.98%
Book value	$22.57
Market capitalisation	$118.4 million

TTM: trailing 12 months

Shorting Old Point Financial Corporation shares

There are currently 3,331 Old Point Financial Corporation shares held short by investors – that's known as Old Point Financial Corporation's "short interest". This figure is 133.3% up from 1,428 last month.

There are a few different ways that this level of interest in shorting Old Point Financial Corporation shares can be evaluated.

Old Point Financial Corporation's "short interest ratio" (SIR)

Old Point Financial Corporation's "short interest ratio" (SIR) is the quantity of Old Point Financial Corporation shares currently shorted divided by the average quantity of Old Point Financial Corporation shares traded daily (recently around 4827.5362318841). Old Point Financial Corporation's SIR currently stands at 0.69. In other words for every 100,000 Old Point Financial Corporation shares traded daily on the market, roughly 690 shares are currently held short.

However Old Point Financial Corporation's short interest can also be evaluated against the total number of Old Point Financial Corporation shares, or, against the total number of tradable Old Point Financial Corporation shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Old Point Financial Corporation's short interest could be expressed as 0% of the outstanding shares (for every 100,000 Old Point Financial Corporation shares in existence, roughly 0 shares are currently held short) or 0.001% of the tradable shares (for every 100,000 tradable Old Point Financial Corporation shares, roughly 1 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 Old Point Financial Corporation.

Find out more about how you can short Old Point Financial Corporation stock.

Old Point Financial Corporation share dividends

Dividend payout ratio: 32.8% of net profits

Recently Old Point Financial Corporation has paid out, on average, around 32.8% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.09% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Old Point Financial Corporation shareholders could enjoy a 2.09% return on their shares, in the form of dividend payments. In Old Point Financial Corporation's case, that would currently equate to about $0.48 per share.

While Old Point Financial Corporation's payout ratio might seem fairly standard, it's worth remembering that Old Point Financial Corporation may be investing much of the rest of its net profits in future growth.

Old Point Financial Corporation's most recent dividend payout was on 24 June 2021. The latest dividend was paid out to all shareholders who bought their shares by 31 May 2021 (the "ex-dividend date").

Have Old Point Financial Corporation's shares ever split?

Old Point Financial Corporation's shares were split on a 5:4 basis on 1 October 2007. So if you had owned 4 shares the day before before the split, the next day you'd have owned 5 shares. This wouldn't directly have changed the overall worth of your Old Point Financial Corporation shares – just the quantity. However, indirectly, the new 20% lower share price could have impacted the market appetite for Old Point Financial Corporation shares which in turn could have impacted Old Point Financial Corporation's share price.

Old Point Financial Corporation share price volatility

Over the last 12 months, Old Point Financial Corporation's shares have ranged in value from as little as $14.4172 up to $26.26. 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 Old Point Financial Corporation's is 1.1001. This would suggest that Old Point Financial Corporation's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).

Old Point Financial Corporation overview

Old Point Financial Corporation operates as the bank holding company for The Old Point National Bank of Phoebus that provides consumer, mortgage, and business banking services for individual and commercial customers in Virginia. The company offers deposit products, including interest-bearing transaction accounts, money market deposit accounts, savings accounts, time deposits, and demand deposits. It also provides real estate construction and real estate mortgage loans, such as residential 1-4 family mortgages, commercial real estate loans, second mortgages, and equity lines of credit; and other loans, as well as cash management services. In addition, the company provides retirement planning, estate planning, financial planning, estate and trust administration, retirement plan administration, tax, and investment management services; and insurance products and wealth management services. As of December 31, 2020, it operated 16 branches in the Hampton Roads localities of Chesapeake, Hampton, Isle of Wight County, Newport News, Norfolk, Virginia Beach, Williamsburg/James City County, and York County; a loan production office in Richmond, Virginia; and a mortgage loan origination office in Charlotte, North Carolina. The company was founded in 1922 and is headquartered in Hampton, Virginia. .

Frequently asked questions

What percentage of Old Point Financial Corporation is owned by insiders or institutions?
Currently 13.873% of Old Point Financial Corporation shares are held by insiders and 34.35% by institutions. How many people work for Old Point Financial Corporation?
Latest data suggests 290 work at Old Point Financial Corporation. When does the fiscal year end for Old Point Financial Corporation?
Old Point Financial Corporation's fiscal year ends in December. Where is Old Point Financial Corporation based?
Old Point Financial Corporation's address is: 101 East Queen Street, Hampton, VA, United States, 23669 What is Old Point Financial Corporation's ISIN number?
Old Point Financial Corporation's international securities identification number is: US6801941070 What is Old Point Financial Corporation's CUSIP number?
Old Point Financial Corporation's Committee on Uniform Securities Identification Procedures number is: 680194107