Oppenheimer (NYSE:OPY) announced its quarterly earnings results on Thursday. The financial services provider reported $1.34 earnings per share (EPS) for the quarter, Bloomberg Earnings reports. Oppenheimer had a net margin of 5.32% and a return on equity of 9.42%. The firm had revenue of $264.73 million for the quarter.
Shares of Oppenheimer stock opened at $21.19 on Friday. Oppenheimer has a 12-month low of $14.21 and a 12-month high of $31.82. The company has a market cap of $269.49 million, a price-to-earnings ratio of 5.23 and a beta of 1.02. The company has a current ratio of 1.41, a quick ratio of 1.14 and a debt-to-equity ratio of 0.25. The company’s 50-day moving average price is $21.26 and its 200-day moving average price is $22.07.
The company also recently declared a quarterly dividend, which will be paid on Thursday, August 27th. Stockholders of record on Thursday, August 13th will be issued a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 2.27%. The ex-dividend date is Wednesday, August 12th.
Oppenheimer Holdings Inc, through its subsidiaries, provides middle-market investment bank and full service broker-dealer products and services. The company offers full-service brokerage services covering exchange-traded and over-the-counter corporate equity and debt securities, money market instruments, exchange-traded options and futures contracts, municipal bonds, mutual funds, and unit investment trusts; financial and wealth planning services; and margin lending services.
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