Hope Bancorp (NASDAQ:HOPE) Share Price Crosses Below 50-Day Moving Average – What’s Next?

Hope Bancorp, Inc. (NASDAQ:HOPE)’s share price crossed below its fifty day moving average during trading on Thursday. The stock has a fifty day moving average of $13.75 and traded as low as $13.41. Hope Bancorp shares last traded at $13.58, with a volume of 2,642,753 shares.

Hope Bancorp News Roundup

Here are the key news stories impacting Hope Bancorp this week:

• Positive Sentiment: Third-quarter revenue rose 11% year over year to $157.5 million, exceeding the approximately $151.3 million analyst forecast. Earnings were $0.29 per share, up from $0.25 a year earlier, while net income reached $35.6 million. Hope Bancorp Q3 2026 Revenue
• Positive Sentiment: The bank declared a quarterly dividend of $0.14 per share, or $0.56 annualized, representing a yield of roughly 4%. The dividend may support investor interest in HOPE, particularly among income-focused shareholders.
• Neutral Sentiment: Management’s results showed a 12.53% net margin and 5.71% return on equity. Investors will continue to focus on net charge-offs, credit quality and the bank’s ability to improve profitability. Hope Bancorp Net Charge-Offs
• Negative Sentiment: Although HOPE met some consensus estimates, Zacks reported that the $0.29 EPS result narrowly missed its $0.30 forecast. That small earnings shortfall likely contributed to the negative market reaction despite the revenue beat.
• Negative Sentiment: Coverage also highlighted the MANUBANK transaction as a factor reshaping Hope Bancorp’s outlook. While the deal may offer strategic benefits, integration and execution risks can make investors more cautious in the near term. Hope Bancorp Q3 Earnings and MANUBANK Deal

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on HOPE shares. Weiss Ratings upgraded shares of Hope Bancorp from a “buy (b-)” rating to a “buy (b)” rating in a research note on Tuesday. Benchmark upgraded shares of Hope Bancorp to a “hold” rating in a research report on Wednesday, September 23rd. Keefe, Bruyette & Woods increased their price objective on shares of Hope Bancorp from $14.00 to $15.00 and gave the stock a “hold” rating in a research note on Monday, August 3rd. Finally, DA Davidson increased their price objective on shares of Hope Bancorp from $15.00 to $16.00 and gave the stock a “buy” rating in a research note on Tuesday, July 28th. Three investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, Hope Bancorp presently has an average rating of “Moderate Buy” and an average target price of $15.50.

Hope Bancorp Stock Down 2.2%

The firm has a market capitalization of $1.74 billion, a PE ratio of 13.06 and a beta of 0.87. The company has a fifty day moving average price of $13.75 and a 200-day moving average price of $12.81. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.97 and a current ratio of 0.96.

Hope Bancorp (NASDAQ:HOPE) last posted its earnings results on Wednesday, October 28th. The financial services provider reported $0.29 EPS for the quarter, meeting analysts’ consensus estimates of $0.29. Hope Bancorp had a return on equity of 5.97% and a net margin of 12.90%. The firm had revenue of $157.48 million during the quarter, compared to the consensus estimate of $151.34 million. During the same period in the prior year, the company earned $0.25 EPS. As a group, analysts expect that Hope Bancorp, Inc. will post 1.14 earnings per share for the current year.

Hope Bancorp Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, November 20th. Investors of record on Saturday, November 7th will be paid a dividend of $0.14 per share. The ex-dividend date of this dividend is Friday, November 6th. This represents a $0.56 dividend on an annualized basis and a yield of 4.1%. Hope Bancorp’s dividend payout ratio is presently 56.00%.

Insider Buying and Selling

In other Hope Bancorp news, Director Daisy Ha sold 26,995 shares of the stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $14.24, for a total transaction of $384,408.80. Following the completion of the transaction, the director owned 346,120 shares in the company, valued at $4,928,748.80. This trade represents a 7.24% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 2.27% of the stock is owned by company insiders.

Institutional Trading of Hope Bancorp

Several hedge funds have recently made changes to their positions in the business. Cim Investment Management Inc. lifted its holdings in shares of Hope Bancorp by 7.3% in the 2nd quarter. Cim Investment Management Inc. now owns 11,743 shares of the financial services provider’s stock valued at $161,000 after acquiring an additional 795 shares during the last quarter. GAMMA Investing LLC grew its position in Hope Bancorp by 21.0% in the third quarter. GAMMA Investing LLC now owns 8,480 shares of the financial services provider’s stock worth $113,000 after acquiring an additional 1,469 shares in the last quarter. Farther Finance Advisors LLC increased its stake in Hope Bancorp by 210.0% during the third quarter. Farther Finance Advisors LLC now owns 2,514 shares of the financial services provider’s stock worth $33,000 after acquiring an additional 1,703 shares during the last quarter. HighTower Advisors LLC increased its stake in Hope Bancorp by 18.0% during the second quarter. HighTower Advisors LLC now owns 12,091 shares of the financial services provider’s stock worth $165,000 after acquiring an additional 1,847 shares during the last quarter. Finally, Fortitude Family Office LLC purchased a new stake in Hope Bancorp during the third quarter valued at approximately $25,000. 84.00% of the stock is currently owned by hedge funds and other institutional investors.

About Hope Bancorp

Hope Bancorp, Inc is the holding company for Bank of Hope, a full-service commercial bank headquartered in Los Angeles, California. The bank serves businesses, individuals and communities throughout the United States, with a particular focus on Korean American and other multicultural markets.

Bank of Hope offers a range of banking products and services, including business and consumer deposit accounts, commercial and industrial lending, commercial real estate financing, small business loans, residential mortgage lending and wealth management services.