Headlines about Opus Bank (NASDAQ:OPB) have been trending somewhat positive on Saturday, Accern reports. Accern ranks the sentiment of media coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Opus Bank earned a news impact score of 0.06 on Accern’s scale. Accern also assigned press coverage about the financial services provider an impact score of 45.7972428528706 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
A number of brokerages recently weighed in on OPB. FIG Partners began coverage on shares of Opus Bank in a report on Thursday, November 9th. They set an “outperform” rating and a $32.00 target price for the company. TheStreet upgraded shares of Opus Bank from a “c+” rating to a “b-” rating in a report on Wednesday, October 25th. BidaskClub upgraded shares of Opus Bank from a “strong sell” rating to a “sell” rating in a report on Thursday, October 26th. Piper Jaffray Companies restated a “buy” rating and set a $27.00 target price on shares of Opus Bank in a report on Friday, October 6th. Finally, ValuEngine upgraded shares of Opus Bank from a “sell” rating to a “hold” rating in a report on Wednesday, September 27th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and two have issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of $28.50.
Opus Bank (NASDAQ OPB) traded down $0.05 during trading on Friday, reaching $25.35. 164,616 shares of the company were exchanged, compared to its average volume of 188,778. Opus Bank has a 1 year low of $18.45 and a 1 year high of $30.60. The company has a quick ratio of 0.92, a current ratio of 0.90 and a debt-to-equity ratio of 0.14. The firm has a market cap of $818.25, a price-to-earnings ratio of 32.87 and a beta of 1.12.
Opus Bank (NASDAQ:OPB) last posted its quarterly earnings data on Monday, October 23rd. The financial services provider reported $0.54 EPS for the quarter, topping analysts’ consensus estimates of $0.34 by $0.20. Opus Bank had a net margin of 8.30% and a return on equity of 3.11%. The firm had revenue of $68.20 million during the quarter, compared to analyst estimates of $70.45 million. During the same quarter last year, the business posted ($0.09) EPS. The company’s revenue was down 3.7% on a year-over-year basis. equities analysts expect that Opus Bank will post 1.57 earnings per share for the current year.
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About Opus Bank
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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