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The price of Hope Bancorp Inc (NASDAQ: HOPE) closed at $10.64 in the last session, down -0.19% from day before closing price of $10.66. In other words, the price has decreased by -$0.19 from its previous closing price. On the day, 0.67 million shares were traded. HOPE stock price reached its highest trading level at $10.725 during the session, while it also had its lowest trading level at $10.535.
Ratios:
We take a closer look at HOPE’s different ratios to gain a better understanding of the stock. In the meantime, Its Debt-to-Equity ratio is 0.18 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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 1287386880 and an Enterprise Value of 1224650368. As of this moment, Hope’s Price-to-Earnings (P/E) ratio for their current fiscal year is 12.94, and their Forward P/E ratio for the next fiscal year is 8.30. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.26 while its Price-to-Book (P/B) ratio in mrq is 0.60. Its current Enterprise Value per Revenue stands at 2.676.
Stock Price History:
The Beta on a monthly basis for HOPE is 0.95, which has changed by -0.04488331 over the last 52 weeks, in comparison to a change of 0.08572841 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 $9.80. The 50-Day Moving Average of the stock is -4.61%, while the 200-Day Moving Average is calculated to be -11.68%.
Shares Statistics:
According to the various share statistics, HOPE traded on average about 729.01K shares per day over the past 3-months and 804380 shares per day over the past 10 days. A total of 120.76M shares are outstanding, with a floating share count of 114.67M. Insiders hold about 5.05% of the company’s shares, while institutions hold 90.58% stake in the company. Shares short for HOPE as of 1741910400 were 2653186 with a Short Ratio of 3.64, compared to 1739491200 on 1704065. Therefore, it implies a Short% of Shares Outstanding of 2653186 and a Short% of Float of 3.17.
Dividends & Splits
The forward annual dividend rate for HOPE is 0.56, which was 0.56 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.052532833The stock’s 5-year Average Dividend Yield is 4.89. The current Payout Ratio is 68.08% for HOPE, which recently paid a dividend on 2025-02-06 with an ex-dividend date of 1738800000. Stock splits for the company last occurred on 2004-06-16 when the company split stock in a 2:1 ratio.
