Hanmi Financial (HAFC) Scheduled to Post Earnings on Tuesday

Hanmi Financial (NASDAQ:HAFC) will post its quarterly earnings results after the market closes on Tuesday, July 23rd. Analysts expect Hanmi Financial to post earnings of $0.51 per share for the quarter.

Hanmi Financial (NASDAQ:HAFC) last announced its earnings results on Tuesday, April 23rd. The bank reported $0.48 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.48. The company had revenue of $51.14 million during the quarter, compared to analyst estimates of $51.20 million. Hanmi Financial had a net margin of 21.65% and a return on equity of 10.71%. On average, analysts expect Hanmi Financial to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Shares of HAFC stock opened at $21.67 on Monday. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 0.21. The stock has a market capitalization of $670.21 million, a price-to-earnings ratio of 11.41, a PEG ratio of 1.30 and a beta of 1.09. The stock’s 50-day moving average is $21.66. Hanmi Financial has a 1-year low of $17.56 and a 1-year high of $27.80.

Several research analysts have weighed in on the stock. ValuEngine lowered shares of Ultrapar Participacoes from a “sell” rating to a “strong sell” rating in a research note on Thursday, April 25th. Zacks Investment Research raised shares of General Moly from a “sell” rating to a “hold” rating in a research note on Thursday, July 11th. Finally, BidaskClub raised shares of Xilinx from a “hold” rating to a “buy” rating in a research note on Saturday, June 29th. Two investment analysts have rated the stock with a sell rating and four have given a hold rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of $27.33.

In other news, Director Joseph K. Rho sold 21,204 shares of the stock in a transaction dated Thursday, May 16th. The shares were sold at an average price of $22.79, for a total transaction of $483,239.16. Following the sale, the director now owns 300,839 shares of the company’s stock, valued at $6,856,120.81. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 2.90% of the stock is currently owned by corporate insiders.

Hanmi Financial Company Profile

Hanmi Financial Corporation operates as the holding company for Hanmi Bank that provides business banking products and services in the United States. The company offers various deposit products, including noninterest-bearing checking accounts, interest-bearing checking and savings accounts, negotiable order of withdrawal accounts, money market accounts, and certificates of deposit.

Further Reading: Technical Analysis of Stocks and What It Means

Earnings History for Hanmi Financial (NASDAQ:HAFC)

Receive News & Ratings for Hanmi Financial Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hanmi Financial and related companies with MarketBeat.com's FREE daily email newsletter.