Media headlines about Opus Bank (NASDAQ:OPB) have been trending somewhat positive this week, according to Accern. The research group identifies positive and negative news coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Opus Bank earned a media sentiment score of 0.08 on Accern’s scale. Accern also assigned press coverage about the financial services provider an impact score of 47.6031411385141 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Opus Bank (OPB) opened at $29.65 on Friday. The company has a quick ratio of 0.90, a current ratio of 0.94 and a debt-to-equity ratio of 0.43. Opus Bank has a one year low of $18.45 and a one year high of $29.99. The firm has a market cap of $1,014.57, a P/E ratio of 23.53 and a beta of 0.96.
Opus Bank (NASDAQ:OPB) last announced its quarterly earnings results on Monday, January 22nd. The financial services provider reported $0.26 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.40 by ($0.14). Opus Bank had a net margin of 15.45% and a return on equity of 5.98%. The company had revenue of $64.60 million during the quarter, compared to the consensus estimate of $67.30 million. During the same period in the previous year, the firm posted ($0.55) EPS. The business’s quarterly revenue was down 25.8% compared to the same quarter last year. equities research analysts expect that Opus Bank will post 1.92 EPS for the current year.
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, February 15th. Stockholders of record on Thursday, February 1st were given a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.35%. The ex-dividend date of this dividend was Wednesday, January 31st. Opus Bank’s dividend payout ratio is presently 31.75%.
A number of research analysts have weighed in on OPB shares. Keefe, Bruyette & Woods reaffirmed a “hold” rating and issued a $31.00 price target on shares of Opus Bank in a research note on Tuesday, February 27th. ValuEngine raised shares of Opus Bank from a “hold” rating to a “buy” rating in a research note on Friday, February 2nd. Piper Jaffray Companies reaffirmed a “buy” rating and issued a $30.00 price target on shares of Opus Bank in a research note on Tuesday, January 9th. BidaskClub lowered shares of Opus Bank from a “hold” rating to a “sell” rating in a research note on Friday, December 29th. Finally, Zacks Investment Research lowered shares of Opus Bank from a “buy” rating to a “sell” rating in a research note on Wednesday, February 28th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and two have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $31.00.
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Opus Bank Company Profile
Opus Bank is a commercial bank. The Company provides banking products, services and solutions to its clients through its Retail Bank, Commercial Bank, Merchant Bank, and Correspondent Bank. The Company’s Commercial Bank consists Commercial Banking, Business Banking, Healthcare Banking, Technology Banking, Fiduciary Banking, Institutional Syndications and Commercial Real Estate Banking (CREB), which includes Income Property Banking, its Structured Finance Group and Capital Markets Group.
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