Origin Bancorp (OBNK) Scheduled to Post Quarterly Earnings on Wednesday

Origin Bancorp (NASDAQ:OBNK) is set to announce its earnings results after the market closes on Wednesday, October 28th. Analysts expect the company to announce earnings of $0.49 per share for the quarter. Investors that wish to listen to the company’s conference call can do so using this link.

Shares of OBNK opened at $24.07 on Tuesday. The company has a debt-to-equity ratio of 0.91, a quick ratio of 1.01 and a current ratio of 1.04. The company has a market capitalization of $565.67 million, a price-to-earnings ratio of 17.07 and a beta of 1.11. The company’s 50 day simple moving average is $22.68 and its 200 day simple moving average is $21.72. Origin Bancorp has a 1 year low of $15.98 and a 1 year high of $38.14.

Several equities analysts recently commented on the stock. BidaskClub raised shares of Origin Bancorp from a “sell” rating to a “hold” rating in a research report on Saturday, October 3rd. Zacks Investment Research raised shares of Origin Bancorp from a “hold” rating to a “strong-buy” rating and set a $26.00 price target for the company in a research report on Wednesday, August 5th. Raymond James raised shares of Origin Bancorp from an “outperform” rating to a “strong-buy” rating and upped their price target for the stock from $24.00 to $28.00 in a research report on Thursday, September 3rd. Finally, DA Davidson lowered shares of Origin Bancorp from a “buy” rating to a “neutral” rating and set a $25.50 price target for the company. in a research report on Tuesday, September 15th. Four research analysts have rated the stock with a hold rating, one has assigned a buy rating and two have given a strong buy rating to the stock. The company has an average rating of “Buy” and a consensus target price of $25.40.

Origin Bancorp Company Profile

Origin Bancorp, Inc operates as the holding company for Origin Bank that provides banking and financial services to small and medium-sized businesses, municipalities, high net worth individuals, and retail clients in Louisiana, Texas, and Mississippi. It accepts noninterest and interest-bearing checking accounts, savings deposits, money market accounts, and time deposits; and offers single and multi-family real estate, residential construction, commercial building, and consumer loans, as well as loans to small and medium-sized businesses.

Further Reading: CD Ladder

Earnings History for Origin Bancorp (NASDAQ:OBNK)

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