Seeking to outpace the market, investors engage in the art of selecting individual stocks. The right picks can play a pivotal role in boosting your wealth.
In the latest session, Hope Bancorp Inc (NASDAQ: HOPE) closed at $11.56 up 1.09% from its previous closing price of $11.43. In other words, the price has increased by $1.09 from its previous closing price. On the day, 0.46 million shares were traded. HOPE stock price reached its highest trading level at $11.64 during the session, while it also had its lowest trading level at $11.44.
Ratios:
For a deeper understanding of Hope Bancorp Inc’s stock, let’s take a closer look at its various ratios. In the meantime, Its Debt-to-Equity ratio is 0.12 whereas as Long-Term Debt/Eq ratio is at 0.06.
On May 18, 2022, DA Davidson Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $20 to $16.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Jan 30 ’25 when Stenger Thomas sold 4,185 shares for $11.83 per share. The transaction valued at 49,509 led to the insider holds 19,267 shares of the business.
Stenger Thomas bought 4,185 shares of HOPE for $49,509 on Jan 30 ’25. On Dec 10 ’24, another insider, Malone David P, who serves as the Director of the company, sold 28,763 shares for $13.50 each. As a result, the insider received 388,306 and left with 81,228 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, HOPE now has a Market Capitalization of 1479687168 and an Enterprise Value of 891883776. As of this moment, Hope’s Price-to-Earnings (P/E) ratio for their current fiscal year is 14.76, and their Forward P/E ratio for the next fiscal year is 8.84. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.51 while its Price-to-Book (P/B) ratio in mrq is 0.65. Its current Enterprise Value per Revenue stands at 1.987.
Stock Price History:
The Beta on a monthly basis for HOPE is 0.92, which has changed by 0.11475408 over the last 52 weeks, in comparison to a change of 0.12792087 over the same period for the S&P500. Over the past 52 weeks, HOPE has reached a high of $14.53, while it has fallen to a 52-week low of $8.82. The 50-Day Moving Average of the stock is 12.00%, while the 200-Day Moving Average is calculated to be 0.35%.
Shares Statistics:
For the past three months, HOPE has traded an average of 1.06M shares per day and 1034810 over the past ten days. A total of 128.06M shares are outstanding, with a floating share count of 121.35M. Insiders hold about 5.24% of the company’s shares, while institutions hold 85.55% stake in the company. Shares short for HOPE as of 1749772800 were 3075550 with a Short Ratio of 2.91, compared to 1747267200 on 3085925. Therefore, it implies a Short% of Shares Outstanding of 3075550 and a Short% of Float of 3.3800002000000005.
Dividends & Splits
According to the company, the forward annual dividend rate for HOPE is 0.56, from 0.56 in the trailing year. Against a Trailing Annual Dividend Yield of 0.048993874The stock’s 5-year Average Dividend Yield is 4.84. The current Payout Ratio is 68.08% for HOPE, which recently paid a dividend on 2025-05-02 with an ex-dividend date of 1746144000. Stock splits for the company last occurred on 2004-06-16 when the company split stock in a 2:1 ratio.
