The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for Hope Bancorp Inc. (HOPE) shows that investor sentiment remained same, with the stock’s consolidated last price remained same by $0.00, or 0.00%, to $12.66. The Hope Bancorp Inc. has recorded 27,598 volume in the after hours trading session. Recently, Yahoo Finance discussed the stock, revealing that Hope Bancorp Announces Resignation of Chief Financial Officer.
Hope Bancorp Inc. is listed on the NASDAQ as a member of the Financial sector and is a part of the Banks – Regional industry. At the end of the last regular session, the stock closed at $12.66 and fluctuated between $12.77 as its day high and $12.56 as its day low. The current market capitalization of Hope Bancorp Inc. is $1.47B. A total of 0.65 million shares were traded on the day, compared to an average of 652.81K shares.
Additionally, investors take into account insider trades when predicting how a stock will perform. During the recent three months, HOPE has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 39 BUYs and 39 SELLs from insiders. Insiders purchased 319,842 shares during that period but sold 141,097.
In the most recent transaction, LEWIS WILLIAM J sold 7,500 shares of HOPE for 14.23 per share on Sep 13. After the transaction, the Director now owns 17,601 company shares.
It is more appealing for investors to invest in companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook for the company. Hope Bancorp Inc. pays an annual dividend of $0.56, resulting in a dividend yield of 4.42%, and it has a price to earnings (P/E) ratio of 7.00. HOPE’s most recent ex-dividend date was 11/2/2022 when it declared a $0.14 quarterly dividend that was paid in cash on 11/17/2022. Previously, the company paid the dividend on 8/12/2022 with an ex-dividend date of 7/28/2022. The HOPE stock dividend was $0.14 per share in cash.
Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. According to analysts who have offered 12-month price targets for HOPE in the last 3 months, the mean price target is $14.70 with high estimates of $16.00 and low estimates of $14.00. In terms of 52-week highs and lows, HOPE has a high of $17.68 and a low of $12.27.
As of this writing, HOPE has an earnings estimate of $0.45 per share for the current quarter. EPS was calculated based on a consensus of 5 estimates, with a high estimate of $0.47 per share and a lower estimate of $0.42. The company reported an EPS of $0.43 in the last quarter, which was 4.90% higher than expectations of $0.41.
Balance Sheet Annually/Quarterly
A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information.
It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 5 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for HOPE is Overweight with a score of 3.00. A total of 0 analysts rated the stock as Buy while 0 rated it as Overweight while 5 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.