Is Hanmi Financial Stock a Good Investment?
Hanmi Financial Investment Advice | HAFC |
- Examine Hanmi Financial's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Hanmi Financial's leadership team and their track record. Good management can help Hanmi Financial navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Regional Banks space and any emerging trends that could impact Hanmi Financial's business and its evolving consumer preferences.
- Compare Hanmi Financial's performance and market position to its competitors. Analyze how Hanmi Financial is positioned in terms of product offerings, innovation, and market share.
- Check if Hanmi Financial pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Hanmi Financial's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Hanmi Financial stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Hanmi Financial is a good investment.
Sell | Buy |
Strong Buy
Market Performance | Solid | Details | |
Volatility | Very steady | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Actively responds to the market | Details | |
Investor Sentiment | Interested | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Hanmi Financial Stock
Researching Hanmi Financial's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 92.0% of the company shares are owned by institutional investors. The company has price-to-book (P/B) ratio of 1.1. Some equities with similar Price to Book (P/B) outperform the market in the long run. Hanmi Financial has Price/Earnings To Growth (PEG) ratio of 2.14. The entity last dividend was issued on the 4th of November 2024. The firm had 1:8 split on the 19th of December 2011.
To determine if Hanmi Financial is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Hanmi Financial's research are outlined below:
| Over 92.0% of the company shares are owned by institutional investors | |
| On 20th of November 2024 Hanmi Financial paid $ 0.25 per share dividend to its current shareholders | |
| Latest headline from prnewswire.com: Hanmi Pharmaceutical et Beijing Hanmi font progresser les essais cliniques du BH3120, dvelopp conjointement, en tant quimmunothrapie de nouvelle gnration contre le cancer |
Hanmi Financial uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Hanmi Financial. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Hanmi Financial's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 23rd of April 2024 Upcoming Quarterly Report | View | |
| 23rd of July 2024 Next Financial Report | View | |
| 31st of March 2024 Next Fiscal Quarter End | View | |
| 28th of January 2025 Next Fiscal Year End | View | |
| 31st of December 2023 Last Quarter Report | View | |
| 31st of December 2023 Last Financial Announcement | View |
Earnings surprises can significantly impact Hanmi Financial's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Hanmi Financial's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2019-08-05 | 2019-06-30 | 0.1 | 0.09 | -0.01 | 10 | ||
2013-04-25 | 2013-03-31 | 0.29 | 0.32 | 0.03 | 10 | ||
2015-10-27 | 2015-09-30 | 0.4 | 0.44 | 0.04 | 10 | ||
2015-04-23 | 2015-03-31 | 0.31 | 0.35 | 0.04 | 12 | ||
2016-04-19 | 2016-03-31 | 0.41 | 0.46 | 0.05 | 12 | ||
2016-01-26 | 2015-12-31 | 0.41 | 0.46 | 0.05 | 12 | ||
2019-10-22 | 2019-09-30 | 0.47 | 0.4 | -0.07 | 14 | ||
2018-04-24 | 2018-03-31 | 0.53 | 0.46 | -0.07 | 13 |
Hanmi Financial Target Price Consensus
Hanmi target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Hanmi Financial's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
| 6 | Buy |
Most Hanmi analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Hanmi stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Hanmi Financial, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationHanmi Financial Target Price Projection
Hanmi Financial's current and average target prices are 26.75 and 20.20, respectively. The current price of Hanmi Financial is the price at which Hanmi Financial is currently trading. On the other hand, Hanmi Financial's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Current Price
Hanmi Financial Market Quote on 29th of November 2024
Target Price
Analyst Consensus On Hanmi Financial Target Price
Hanmi Financial Analyst Ratings
Hanmi Financial's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Hanmi Financial stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Hanmi Financial's financials, market performance, and future outlook by experienced professionals. Hanmi Financial's historical ratings below, therefore, can serve as a valuable tool for investors.Know Hanmi Financial's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Hanmi Financial is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Hanmi Financial backward and forwards among themselves. Hanmi Financial's institutional investor refers to the entity that pools money to purchase Hanmi Financial's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Hotchkis & Wiley Capital Management Llc | 2024-09-30 | 641.2 K | Stieven Capital Advisors, L.p. | 2024-09-30 | 571.1 K | Jpmorgan Chase & Co | 2024-06-30 | 486.8 K | Bridgeway Capital Management, Llc | 2024-09-30 | 460.5 K | Bank Of New York Mellon Corp | 2024-06-30 | 451.4 K | Assenagon Asset Management Sa | 2024-09-30 | 395.2 K | Charles Schwab Investment Management Inc | 2024-09-30 | 384.2 K | Millennium Management Llc | 2024-06-30 | 353.3 K | Arrowstreet Capital Limited Partnership | 2024-06-30 | 325.3 K | Blackrock Inc | 2024-06-30 | 4.4 M | Vanguard Group Inc | 2024-09-30 | 2.3 M |
Hanmi Financial's market capitalization trends
The company currently falls under 'Small-Cap' category with a current market capitalization of 807.75 M.Market Cap |
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Hanmi Financial's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.01 | 0.01 | |
| Return On Assets | 0.01 | 0.01 | |
| Return On Equity | 0.11 | 0.12 |
Determining Hanmi Financial's profitability involves analyzing its financial statements and using various financial metrics to determine if Hanmi Financial is a good buy. For example, gross profit margin measures Hanmi Financial's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Hanmi Financial's profitability and make more informed investment decisions.
Please note, the presentation of Hanmi Financial's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Hanmi Financial's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Hanmi Financial's management manipulating its earnings.
Evaluate Hanmi Financial's management efficiency
The current year's Return On Equity is expected to grow to 0.12, whereas Return On Tangible Assets are forecasted to decline to 0.01. At present, Hanmi Financial's Non Currrent Assets Other are projected to increase significantly based on the last few years of reporting. The current year's Total Current Assets is expected to grow to about 2.7 B, whereas Total Assets are forecasted to decline to about 4.2 B. Hanmi Financial's management efficiency ratios could be used to measure how well Hanmi Financial manages its routine affairs as well as how well it operates its assets and liabilities.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 23.19 | 24.35 | |
| Tangible Book Value Per Share | 22.82 | 23.96 | |
| Enterprise Value Over EBITDA | 6.80 | 6.46 | |
| Price Book Value Ratio | 0.84 | 1.65 | |
| Enterprise Value Multiple | 6.80 | 6.46 | |
| Price Fair Value | 0.84 | 1.65 | |
| Enterprise Value | 416.9 M | 459.6 M |
The strategic decisions made by Hanmi Financial management significantly impact its financial stability and market performance. Evaluating these factors helps determine whether the stock is a worthwhile investment.
Dividend Yield 0.0374 | Forward Dividend Yield 0.0374 | Forward Dividend Rate 1 | Beta 0.826 |
Basic technical analysis of Hanmi Stock
As of the 29th of November, Hanmi Financial retains the Market Risk Adjusted Performance of 0.3004, risk adjusted performance of 0.1618, and Downside Deviation of 1.99. Hanmi Financial technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices.Hanmi Financial's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Hanmi Financial insiders, such as employees or executives, is commonly permitted as long as it does not rely on Hanmi Financial's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Hanmi Financial insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Hanmi Financial's Outstanding Corporate Bonds
Hanmi Financial issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Hanmi Financial uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Hanmi bonds can be classified according to their maturity, which is the date when Hanmi Financial has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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Understand Hanmi Financial's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Hanmi Financial's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.1618 | |||
| Market Risk Adjusted Performance | 0.3004 | |||
| Mean Deviation | 1.77 | |||
| Semi Deviation | 1.43 | |||
| Downside Deviation | 1.99 | |||
| Coefficient Of Variation | 495.12 | |||
| Standard Deviation | 2.6 | |||
| Variance | 6.78 | |||
| Information Ratio | 0.1538 | |||
| Jensen Alpha | 0.3109 | |||
| Total Risk Alpha | 0.1238 | |||
| Sortino Ratio | 0.2007 | |||
| Treynor Ratio | 0.2904 | |||
| Maximum Drawdown | 15.75 | |||
| Value At Risk | (3.10) | |||
| Potential Upside | 4.47 | |||
| Downside Variance | 3.98 | |||
| Semi Variance | 2.04 | |||
| Expected Short fall | (1.93) | |||
| Skewness | 1.56 | |||
| Kurtosis | 5.39 |
| Risk Adjusted Performance | 0.1618 | |||
| Market Risk Adjusted Performance | 0.3004 | |||
| Mean Deviation | 1.77 | |||
| Semi Deviation | 1.43 | |||
| Downside Deviation | 1.99 | |||
| Coefficient Of Variation | 495.12 | |||
| Standard Deviation | 2.6 | |||
| Variance | 6.78 | |||
| Information Ratio | 0.1538 | |||
| Jensen Alpha | 0.3109 | |||
| Total Risk Alpha | 0.1238 | |||
| Sortino Ratio | 0.2007 | |||
| Treynor Ratio | 0.2904 | |||
| Maximum Drawdown | 15.75 | |||
| Value At Risk | (3.10) | |||
| Potential Upside | 4.47 | |||
| Downside Variance | 3.98 | |||
| Semi Variance | 2.04 | |||
| Expected Short fall | (1.93) | |||
| Skewness | 1.56 | |||
| Kurtosis | 5.39 |
Consider Hanmi Financial's intraday indicators
Hanmi Financial intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Hanmi Financial stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Hanmi Financial Corporate Filings
8K | 18th of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
13A | 12th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
F4 | 8th of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
10Q | 4th of November 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
Hanmi Stock media impact
Far too much social signal, news, headlines, and media speculation about Hanmi Financial that are available to investors today. That information is available publicly through Hanmi media outlets and privately through word of mouth or via Hanmi internal channels. However, regardless of the origin, that massive amount of Hanmi data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Hanmi Financial news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Hanmi Financial relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Hanmi Financial's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Hanmi Financial alpha.
Hanmi Financial Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Hanmi Financial can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Hanmi Financial Corporate Executives
Elected by the shareholders, the Hanmi Financial's board of directors comprises two types of representatives: Hanmi Financial inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Hanmi. The board's role is to monitor Hanmi Financial's management team and ensure that shareholders' interests are well served. Hanmi Financial's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Hanmi Financial's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Romolo Santarosa | CFO, Sr. Executive VP, CFO of Hanmi Bank and Sr. Executive VP of Corporate Fin. and Strategy of Hanmi Bank | Profile | |
| Romolo CPA | Senior CFO | Profile | |
| Bonita Lee | COO, Sr. Executive VP, COO of Hanmi Bank and Sr. Executive VP of Hanmi Bank | Profile |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hanmi Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census. For information on how to trade Hanmi Stock refer to our How to Trade Hanmi Stock guide.You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hanmi Financial. If investors know Hanmi will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hanmi Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.21) | Dividend Share 1 | Earnings Share 2.08 | Revenue Per Share 7.737 | Quarterly Revenue Growth (0.08) |
The market value of Hanmi Financial is measured differently than its book value, which is the value of Hanmi that is recorded on the company's balance sheet. Investors also form their own opinion of Hanmi Financial's value that differs from its market value or its book value, called intrinsic value, which is Hanmi Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hanmi Financial's market value can be influenced by many factors that don't directly affect Hanmi Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between Hanmi Financial's value and its price, as these two are different measures arrived at by various means. Investors typically determine if Hanmi Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hanmi Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.