Hope Bancorp Stock Today
| HOPE Stock | USD 11.00 0.22 2.04% |
Performance0 of 100
| Odds Of DistressLess than 5
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Hope Bancorp is trading at 11.00 as of the 24th of April 2024, a 2.04 percent up since the beginning of the trading day. The stock's lowest day price was 10.72. Hope Bancorp has under 5 % chance of experiencing financial distress over the next 2 years, but has generated negative returns over the last 90 days. Equity ratings for Hope Bancorp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 5th of May 2022 and ending today, the 24th of April 2024. Click here to learn more.
Business Domain Banks | IPO Date 27th of December 1996 | Category Financial Services | Classification Financials |
Hope Bancorp, Inc. operates as the bank holding company for Bank of Hope that provides banking services for small and medium-sized businesses, and individuals in the United States. Hope Bancorp, Inc. was incorporated in 2000 and is headquartered in Los Angeles, California. The company has 120.61 M outstanding shares of which 1.8 M shares are currently shorted by private and institutional investors with about 3.18 trading days to cover. More on Hope Bancorp
Moving together with Hope Stock
| 0.78 | AX | Axos Financial Earnings Call This Week | PairCorr |
| 0.86 | BY | Byline Bancorp Earnings Call This Week | PairCorr |
| 0.87 | PB | Prosperity Bancshares Earnings Call Today | PairCorr |
Moving against Hope Stock
| 0.45 | TECTP | Tectonic Financial | PairCorr |
Hope Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Hope Bancorp's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Hope Bancorp or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Kevin Kim | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Regional Banks, Banks - Regional, Financial Services, SP Small-Cap 600, NASDAQ Composite, NASDAQ Financial 100, Jakarta Stock Exchange, Financials, Banks, Banks—Regional, Financial Services (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Hope Bancorp report their recommendations after researching Hope Bancorp's financial statements, talking to executives and customers, or listening in on Hope Bancorp's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Hope Bancorp. The Hope consensus assessment is calculated by taking the average forecast from all of the analysts covering Hope Bancorp. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the analysis of Hope Bancorp's profitability, liquidity, and operating efficiency, Hope Bancorp may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. Financial strength of Hope Bancorp is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Hope Bancorp's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Hope Bancorp's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Hope Bancorp's financial leverage. It provides some insight into what part of Hope Bancorp's total assets is financed by creditors.
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Hope Bancorp (HOPE) is traded on NASDAQ Exchange in USA. It is located in 3200 Wilshire Boulevard, Los Angeles, CA, United States, 90010 and employs 1,244 people. Hope Bancorp is listed under Regional Banks category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.3 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Hope Bancorp's market, we take the total number of its shares issued and multiply it by Hope Bancorp's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Hope Bancorp conducts business under Banks sector and is part of Financials industry. The entity has 120.61 M outstanding shares of which 1.8 M shares are currently shorted by private and institutional investors with about 3.18 trading days to cover.
Hope Bancorp currently holds about 331.34 M in cash with 473.78 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.77.
Check Hope Bancorp Probability Of Bankruptcy
Ownership AllocationHope Bancorp secures a total of 120.61 Million outstanding shares. The majority of Hope Bancorp outstanding shares are owned by outside corporations. These institutional investors are usually referred to as non-private investors looking to purchase positions in Hope Bancorp to benefit from reduced commissions. Consequently, third-party entities are subject to a different set of regulations than regular investors in Hope Bancorp. Please pay attention to any change in the institutional holdings of Hope Bancorp as this could imply that something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Hope Ownership Details
Hope Stock Price Odds Analysis
What are Hope Bancorp's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Hope Bancorp jumping above the current price in 90 days from now is about 50.0%. The Hope Bancorp probability density function shows the probability of Hope Bancorp stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.552. This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Hope Bancorp will likely underperform. Additionally, hope Bancorp has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Hope Bancorp to move above the current price in 90 days from now is about 50.0 (This Hope Bancorp probability density function shows the probability of Hope Stock to fall within a particular range of prices over 90 days) .
Hope Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Hope Bancorp that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Hope Bancorp's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Hope Bancorp's value.| Instituion | Recorded On | Shares | |
| Goldman Sachs Group Inc | 2023-12-31 | 1.5 M | |
| American Century Companies Inc | 2023-12-31 | 1.4 M | |
| Northern Trust Corp | 2023-12-31 | 1.3 M | |
| Boston Partners Global Investors, Inc | 2023-12-31 | 1.2 M | |
| Hotchkis & Wiley Capital Management Llc | 2023-12-31 | 1.1 M | |
| Fmr Inc | 2023-12-31 | 1 M | |
| Jpmorgan Chase & Co | 2023-12-31 | 982.8 K | |
| Victory Capital Management Inc. | 2023-12-31 | 962.7 K | |
| Bank Of America Corp | 2023-12-31 | 937.3 K | |
| Blackrock Inc | 2023-12-31 | 17.6 M | |
| Vanguard Group Inc | 2023-12-31 | 13.7 M |
Hope Bancorp Historical Income Statement
Hope Bancorp Income Statement is one of the three primary financial statements used for reporting Hope's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Hope Bancorp revenue and expense. Hope Bancorp Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Hope Bancorp's Gross Profit is projected to increase significantly based on the last few years of reporting. The current year's Other Operating Expenses is expected to grow to about 962.4 M, whereas EBIT is forecasted to decline to 0.00. View More FundamentalsHope Stock Against Markets
Picking the right benchmark for Hope Bancorp stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Hope Bancorp stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Hope Bancorp is critical whether you are bullish or bearish towards Hope Bancorp at a given time. Please also check how Hope Bancorp's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Hope Bancorp without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Hope Bancorp Corporate Directors
Hope Bancorp corporate directors refer to members of a Hope Bancorp board of directors. The board of directors generally takes responsibility for the Hope Bancorp's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Hope Bancorp's board members must vote for the resolution. The Hope Bancorp board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Peter Kim | Independent Director | Profile | |
| Gary Peterson | Independent Director | Profile | |
| Dale Zuehls | Independent Director | Profile | |
| Jinho Doo | Independent Director | Profile |
How to buy Hope Stock?
Before investing in Hope Bancorp, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Hope Bancorp. To buy Hope Bancorp stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Hope Bancorp. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Hope Bancorp stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Hope Bancorp stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Hope Bancorp stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Hope Bancorp, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Hope Stock please use our How to Invest in Hope Bancorp guide.
Already Invested in Hope Bancorp?
The danger of trading Hope Bancorp is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Hope Bancorp is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Hope Bancorp. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Hope Bancorp is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Hope Bancorp is a strong investment it is important to analyze Hope Bancorp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Hope Bancorp's future performance. For an informed investment choice regarding Hope Stock, refer to the following important reports: Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hope Bancorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. For information on how to trade Hope Stock refer to our How to Trade Hope Stock guide.You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Complementary Tools for Hope Stock analysis
When running Hope Bancorp's price analysis, check to measure Hope Bancorp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hope Bancorp is operating at the current time. Most of Hope Bancorp's value examination focuses on studying past and present price action to predict the probability of Hope Bancorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hope Bancorp's price. Additionally, you may evaluate how the addition of Hope Bancorp to your portfolios can decrease your overall portfolio volatility.
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Is Hope Bancorp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hope Bancorp. If investors know Hope will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hope Bancorp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.49) | Dividend Share 0.56 | Earnings Share 1.11 | Revenue Per Share 4.523 | Quarterly Revenue Growth (0.13) |
The market value of Hope Bancorp is measured differently than its book value, which is the value of Hope that is recorded on the company's balance sheet. Investors also form their own opinion of Hope Bancorp's value that differs from its market value or its book value, called intrinsic value, which is Hope Bancorp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hope Bancorp's market value can be influenced by many factors that don't directly affect Hope Bancorp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Hope Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hope Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hope Bancorp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.