OptimumBank (NASDAQ:OPHC – Get Free Report) is expected to be posting its results before the market opens on Thursday, November 5th. Analysts expect OptimumBank to announce earnings of $0.27 per share and revenue of $17.65 million for the quarter.
OptimumBank Stock Performance
OPHC traded down $0.07 on Tuesday, hitting $9.20. 5,359 shares of the company traded hands, compared to its average volume of 62,638. The company has a 50 day moving average of $8.96 and a 200-day moving average of $6.63. The company has a quick ratio of 1.12, a current ratio of 1.12 and a debt-to-equity ratio of 0.43. The stock has a market capitalization of $116.12 million, a PE ratio of 6.97 and a beta of 0.31. OptimumBank has a 12-month low of $3.92 and a 12-month high of $10.68.
Analysts Set New Price Targets
OPHC has been the subject of several analyst reports. Zacks Research upgraded OptimumBank from a “hold” rating to a “strong-buy” rating in a research note on Monday, July 27th. Alliance Global Partners reiterated a “buy” rating on shares of OptimumBank in a research report on Friday, August 14th. One investment analyst has rated the stock with a Strong Buy rating and three have assigned a Buy rating to the stock. According to MarketBeat.com, OptimumBank currently has a consensus rating of “Buy” and a consensus target price of $6.67.
View Our Latest Stock Analysis on OptimumBank
OptimumBank Company Profile
OptimumBank is a community bank headquartered in Fort Lauderdale, Florida. Through its banking operations, the company provides financial products and services to individuals, businesses and professional customers in South Florida.
The bank’s offerings include deposit accounts, checking and savings products, certificates of deposit, online banking and other traditional consumer banking services. Its lending activities include commercial real estate loans, business financing, residential real estate loans and consumer loans.
OptimumBank was established in 2000 and has focused on serving the South Florida market through relationship-based banking.
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