Origin Bancorp, Inc. (NASDAQ:OBK – Free Report) – Analysts at DA Davidson issued their Q3 2024 EPS estimates for Origin Bancorp in a research note issued on Tuesday, July 30th. DA Davidson analyst M. Navas expects that the company will post earnings of $0.65 per share for the quarter. The consensus estimate for Origin Bancorp’s current full-year earnings is $2.64 per share.
Origin Bancorp (NASDAQ:OBK – Get Free Report) last issued its quarterly earnings data on Wednesday, July 24th. The company reported $0.67 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.62 by $0.05. The firm had revenue of $164.26 million during the quarter, compared to the consensus estimate of $90.70 million. Origin Bancorp had a net margin of 13.18% and a return on equity of 8.03%. During the same quarter in the previous year, the firm posted $0.69 EPS.
Get Our Latest Research Report on Origin Bancorp
Origin Bancorp Price Performance
NASDAQ OBK opened at $32.51 on Wednesday. The business’s fifty day moving average is $31.94 and its 200 day moving average is $31.13. Origin Bancorp has a fifty-two week low of $26.68 and a fifty-two week high of $37.56. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.96 and a current ratio of 0.96. The company has a market capitalization of $1.01 billion, a PE ratio of 12.27 and a beta of 1.00.
Institutional Trading of Origin Bancorp
Hedge funds have recently bought and sold shares of the stock. Vanguard Group Inc. purchased a new position in Origin Bancorp during the 3rd quarter valued at approximately $45,900,000. SG Americas Securities LLC bought a new stake in Origin Bancorp in the fourth quarter worth $311,000. Raymond James & Associates purchased a new stake in Origin Bancorp during the fourth quarter valued at $493,000. Raymond James Financial Services Advisors Inc. bought a new position in Origin Bancorp during the fourth quarter valued at $246,000. Finally, Trust Point Inc. bought a new position in Origin Bancorp during the fourth quarter valued at $339,000. Hedge funds and other institutional investors own 54.68% of the company’s stock.
Origin Bancorp Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Friday, August 30th. Stockholders of record on Thursday, August 15th will be given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 1.85%. The ex-dividend date is Thursday, August 15th. Origin Bancorp’s payout ratio is currently 22.64%.
Origin Bancorp Company Profile
Origin Bancorp, Inc operates as a bank holding company for Origin Bank that provides banking and financial services to small and medium-sized businesses, municipalities, and retail clients in Texas, Louisiana, and Mississippi. It offers noninterest and interest-bearing checking accounts, savings deposits, money market accounts, and time deposits; and offers commercial real estate, construction and land development, consumer, residential real estate, commercial and industrial, mortgage warehouse, and residential mortgage loans.
Read More
- Five stocks we like better than Origin Bancorp
- What Are Growth Stocks and Investing in Them
- First Solar Stock: The Dawn of a New Rally in Share Prices
- How the NYSE and NASDAQ are Different, Why That Matters to Investors
- Mastercard Stock’s Q2 Financial Results Outshine Competitors
- 3 REITs to Buy and Hold for the Long Term
- Tobacco Giant’s Shares Fall on EPS Miss, Lackluster Pouch Gains
Receive News & Ratings for Origin Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Origin Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.