La chaîne d'options affiche les données clés des options sur actions de Oppenheimer Hldgs à différents prix d'exercice et dates d'expiration. Les traders utilisent ces informations pour analyser les transactions potentielles et évaluer le sentiment du marché pour Oppenheimer Hldgs..

Oppenheimer Hldgs (NYSE:OPY) Stock, Chaîne d'Options

Oppenheimer Hldgs

Oppenheimer Holdings Inc conducts activities in the securities industry. The company is involved in retail securities brokerage, investment banking (both corporate and public finance), institutional sales and trading, market-making, research, trust services, and investment advisory and asset management services. The company has three segments: private client, asset management, and capital markets. The Private Client segment, commissions and a proportionate amount of fee income earned on assets under management ("AUM"), net interest earnings on client margin loans and cash balances, fees from money market funds, and custodian fees. The company generates the majority of its revenue from the Americas, with the rest from Europe, the Middle East, and Asia.

Oppenheimer Holdings, Inc. Class A Common Stock (DE)

Oppenheimer Holdings Inc

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OPY Acquisition Corp I

OPY Acquisition Corp I Units (1 Ord Share Class A & 1/2 War)

OPY Acquisition Corp I Warrants (01/01/9999)

WIIM

Oppenheimer Holdings shares are trading higher after the company reported a year-over-year increase in Q3 financial results.

Oppenheimer Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OPY#NYSE">OPY</a>) reported quarterly earnings of $2.16 per share. This is a 78.51 percent increase over earnings of $1.21 per share from the same period last year. The company reported $373.35 million in sales this quarter. This is a 19.41 percent increase over sales of $312.67 million the same period last year.

Earnings

News

Oppenheimer Hldgs Q3 EPS $2.16 Up From $1.21 YoY, Sales $373.35M Up From $312.67M YoY

Pinterest (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/pins#NYSE">PINS</a>) is a social media platform that is known for its visual inspiration and shopping features. However, Pinterest stock has experienced a lot of turbulence in the past few months.&nbsp;After a significant decline in share price, investors have started to question if the platform has the potential for a rebound.&nbsp;
<h2>A Look at Pinterest&#39;s Terrain</h2>
Pinterest operates in the competitive social media and e-commerce sectors. Pinterest&#39;s competitors include giants like Facebook, Instagram, and TikTok. These platforms are all vying for user attention, data, and advertising dollars, making a volatile and demanding environment for Pinterest. The company&#39;s core business model relies heavily on advertising revenue, making Pinterest susceptible to broader economic headwinds as well as the advertising industry&#39;s constant evolution. In the past few months, Pinterest&#39;s financial performance has been significantly affected by these two key challenges.&nbsp;
<h2>Pinterest&#39;s Case for Growth</h2>
Pinterest&#39;s earnings report for the second quarter of 2024 offers evidence of the company&#39;s ability to perform, grow, and implement new strategies. The report showcased several areas of success, providing a positive outlook for investors.
Pinterest&#39;s revenue rose 21% year-over-year, reaching $854 million in the second quarter. This figure surpassed Pinterest&#39;s analyst community&#39;s expectations. This significant revenue growth demonstrates the company&#39;s ability to effectively monetize its expanding user base and attract a growing number of advertisers.&nbsp;
The company&#39;s continued investment in artificial intelligence (AI) powered products and experiences has proven effective, driving user engagement and improving the effectiveness of advertising campaigns. As CEO Bill Ready noted, Pinterest is &quot;gaining share of advertising budgets with some of the world&#39;s largest brands,&quot; highlighting the platform&#39;s growing influence in the advertising sector.
The report also underscored Pinterest&#39;s continued user growth. Global monthly active users (MAUs) climbed 12% year-over-year, reaching a record 522 million. This continued user base expansion is a critical indicator of Pinterest&#39;s ability to attract new users and retain existing ones, further solidifying its position as a dominant player in the social media sector.
<h2>A Look at the Future of Pinterest Stock</h2>
Looking ahead, Pinterest&#39;s guidance for the third quarter of 2024 is a beacon of hope. The company anticipates a revenue range of $885 million to $900 million, signaling a projected 16-18% growth year-over-year. This forecast aligns with Pinterest&#39;s strategic focus on monetizing its user base and attracting advertisers, suggesting a promising trajectory for revenue growth.&nbsp;
Moreover, Pinterest&#39;s commitment to innovation is a reassuring sign for investors. The company anticipates a 17-20% growth in non-GAAP operating expenses for the third quarter, a clear indication of its continued investment in areas such as AI, innovation, and platform enhancements. This commitment drives user engagement, improves advertising effectiveness, and ultimately drives revenue growth.&nbsp;
Furthermore, Pinterest&#39;s successful monetization efforts are a testament to its value proposition. The company emphasized, &quot;Advertisers are seeing improved performance across key objectives on Pinterest &ndash; from brand awareness to conversion.&quot; These statements underscore Pinterest&#39;s continued focus on delivering value for its users and advertisers, instilling confidence in its future growth and monetization strategies.&nbsp;
<h2>The Analysts&#39; Perspectives</h2>
Despite recent volatility, analysts are increasingly optimistic about Pinterest&#39;s prospects. Several analysts have issued positive commentary, citing the company&#39;s growth potential and attractive valuation. Goldman Sachs has added Pinterest to its Americas Conviction List, highlighting the potential for revenue growth and margin expansion.
RBC Capital Markets included Pinterest in its top 30 Global Ideas For 2024 list, reinforcing the bullish sentiment. Oppenheimer (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/opy#NYSE">OPY</a>) analysts see upside potential in user engagement and believe Pinterest is attractively valued, while other analysts have called the platform &quot;increasingly indispensable&quot; for advertisers.
This positive sentiment is reflected in the consensus rating for Pinterest stock. Currently, 30 analysts have issued ratings, resulting in a Moderate Buy consensus. Pinterest&#39;s average analyst price target points to an upside above 30% over the coming 12 months, indicating significant potential for share price appreciation. Furthermore, analysts project strong revenue growth of 19% this year, with growth expected to remain above 10% through 2027. Earnings are projected to grow by 66.67% in the coming year, further bolstering the case for a potential upside in the stock price.
<h2>The Risks and Challenges</h2>
While Pinterest&#39;s outlook appears promising, investors should be aware of several potential risks and challenges:
<ul>
<li>Intense Competition: The social media sector is highly competitive, with established players vying for user attention and advertising dollars. Pinterest&#39;s ability to maintain its user base and attract advertisers in this environment is crucial.</li>
<li>Economic Uncertainty: The global economy faces ongoing challenges, including inflation and potential recession. A downturn in the economy could lead to reduced advertising spending, negatively impacting Pinterest&#39;s revenue.</li>
<li>Regulation and Privacy: Pinterest, like other social media platforms, faces increasing scrutiny regarding data privacy and content moderation. Regulatory changes or concerns about data privacy could affect the company&#39;s operations and user trust.</li>
<li>User Engagement: Pinterest&#39;s success hinges on its ability to maintain and grow its user base. Any decline in user engagement due to competition, changes in consumer preferences, or platform misuse could significantly impact its financial performance.</li>
<li>Monetization Challenges: While Pinterest has shown progress in monetizing its platform, effectively competing with larger players that have more diverse revenue streams continues to remain a challenge.</li>
<li>Execution Risk: Pinterest&#39;s ability to deliver on its growth plans, such as expanding its user base, integrating e-commerce seamlessly, and maximizing its AI capabilities, is crucial for its future success.</li>
</ul>
<h2>Considerations for Investing in Pinterest</h2>
While Pinterest has experienced a turbulent ride, its recent earnings report offers hope, suggesting a potential turnaround. While the company faces challenges in a fiercely competitive market, its focus on AI, e-commerce integration, and strategic partnerships, combined with a favorable valuation and a solid recent financial performance, indicate a &quot;Cautious Buy&quot; proposition for investors looking for long-term growth opportunities. However, investors must recognize the ongoing risks associated with competition, economic uncertainty, data privacy regulations, and the company&#39;s ability to deliver on its promises consistently.
The article &quot;<a href="https://www.marketbeat.com/stock-ideas/pinterest-time-to-jump-onboard-for-long-term-gains/">Pinterest: Time to Jump Onboard for Long-Term Gains?</a>&quot; first appeared on MarketBeat.

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PINS

Pinterest: Time to Jump Onboard for Long-Term Gains?

Revealing a significant insider sell on August 1, Dennis P McNamara, Secretary at Oppenheimer Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OPY#NYSE">OPY</a>), as per the latest SEC filing.
What Happened: According to a Form 4 filing with the <a href="https://www.sec.gov/Archives/edgar/data/0000791963/000139577424000006//Archives/edgar/data/791963/000139577424000006/0001395774-24-000006-index.htm">U.S. Securities and Exchange Commission</a> on Thursday, McNamara sold 6,000 shares of Oppenheimer Hldgs. The total transaction value is $307,674.
Oppenheimer Hldgs's shares are actively trading at $50.57, experiencing a down of 1.65% during Thursday's morning session.
<h3>All You Need to Know About Oppenheimer Hldgs</h3>
Oppenheimer Holdings Inc conducts activities in the securities industry. The company is involved in retail securities brokerage, investment banking (both corporate and public finance), institutional sales and trading, market-making, research, trust services, and investment advisory and asset management services. The company has three segments: private client, asset management, and capital markets. The Private Client segment, commissions and a proportionate amount of fee income earned on assets under management ("AUM"), net interest earnings on client margin loans and cash balances, fees from money market funds, and custodian fees. The company generates the majority of its revenue from the Americas, with the rest from Europe, the Middle East, and Asia.
<h3>Oppenheimer Hldgs: Financial Performance Dissected</h3>
Revenue Growth: Over the 3 months period, Oppenheimer Hldgs showcased positive performance, achieving a revenue growth rate of 7.97% as of 30 June, 2024. This reflects a substantial increase in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Financials sector.
Interpreting Earnings Metrics:
<ul>
<li>
Gross Margin: The company shows a low gross margin of 31.18%, suggesting potential challenges in cost control and profitability compared to its peers.
</li>
<li>
Earnings per Share (EPS): The company excels with an EPS that surpasses the industry average. With a current EPS of 0.99, Oppenheimer Hldgs showcases strong earnings per share.
</li>
</ul>
Debt Management: Oppenheimer Hldgs's debt-to-equity ratio is below the industry average. With a ratio of 0.95, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
Valuation Metrics:
<ul>
<li>
Price to Earnings (P/E) Ratio: With a lower-than-average P/E ratio of 9.45, the stock indicates an attractive valuation, potentially presenting a buying opportunity.
</li>
<li>
Price to Sales (P/S) Ratio: With a lower-than-average P/S ratio of 0.44, the stock presents an attractive valuation, potentially signaling a buying opportunity for investors interested in sales performance.
</li>
<li>
EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation &amp; Amortization): With an EV/EBITDA ratio lower than industry benchmarks at 6.02, Oppenheimer Hldgs presents an attractive value opportunity.
</li>
</ul>
Market Capitalization Perspectives: The company's market capitalization falls below industry averages, signaling a relatively smaller size compared to peers. This positioning may be influenced by factors such as perceived growth potential or operational scale.
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<h3>The Importance of Insider Transactions</h3>
Insider transactions contribute to decision-making but should be supplemented by a comprehensive investment analysis.
In legal terms, an "insider" refers to any officer, director, or beneficial owner of more than ten percent of a company's equity securities registered under Section 12 of the Securities Exchange Act of 1934. This can include executives in the c-suite and large hedge funds. These insiders are required to let the public know of their transactions via a Form 4 filing, which must be filed within two business days of the transaction.
When a company insider makes a new purchase, that is an indication that they expect the stock to rise.
Insider sells, on the other hand, can be made for a variety of reasons, and may not necessarily mean that the seller thinks the stock will go down. 
<h3>Cracking Transaction Codes</h3>
Navigating through the landscape of transactions, <a href="https://www.benzinga.com/money/investing-tools">investors</a> often prioritize those unfolding in the open market, precisely detailed in Table I of the Form 4 filing. A P in Box 3 denotes a purchase, while S signifies a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
<a href="https://www.benzinga.com/sec/insider-trades/search/index?company_cik=0000791963">Check Out The Full List Of Oppenheimer Hldgs's Insider Trades.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Insider Trades

Insider Transaction: Dennis P McNamara Sells $307K Worth Of Oppenheimer Hldgs Shares

Management

Oppenheimer Europe, A Subsidiary Of Oppenheimer Holdings, Disclosed Today A Further Expansion Of Its European Investment Banking Footprint With The Addition Of Dmitry Gladkov And Konstantin Derkatschew

Oppenheimer Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OPY#NYSE">OPY</a>) reported quarterly earnings of $2.37 per share. This is a 94.26 percent increase over earnings of $1.22 per share from the same period last year. The company reported $353.14 million in sales this quarter. This is a 9.78 percent increase over sales of $321.68 million the same period last year.

Oppenheimer Hldgs Q1 EPS $2.37 Up From $1.22 YoY, Sales $353.14M Up From $321.68M YoY

Oppenheimer Holdings Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OPY#NYSE">OPY</a>) today announced that its Board of Directors approved a share repurchase program that authorizes the Company to purchase up to 518,000 shares of the Company's Class A non-voting common stock, representing approximately 5% of its 10,357,376 currently issued and outstanding shares of Class A non-voting common stock. This authorization will supplement the 120,155 shares that remain authorized and available under the Company's previous share repurchase program covering up to 543,000 shares of the Company's Class A non-voting common stock, which was announced on December 14, 2022, for a total of 638,155 shares authorized and available for repurchase. The share repurchase program is expected to continue indefinitely.
Any such share purchases will be made by the Company from time to time in the open market at the prevailing open market price using cash on hand, in compliance with the applicable rules and regulations of the New York Stock Exchange, state corporate law and federal and state securities laws and the terms of the Company's senior secured debt. All shares purchased will be canceled. The timing and amounts of any purchases under the program will be determined by management in its discretion based on market and economic conditions and other factors including price, legal and regulatory requirements and capital availability. The share repurchase program does not obligate the Company to repurchase any dollar amount or number of Class A non-voting common shares. Depending on market conditions and other factors, these repurchases may be commenced or suspended from time to time without prior notice.

Buybacks

Oppenheimer Holdings Inc. Announces Share Repurchase Program Up To 518,000 Shares Of The Company's Class A Non-Voting Common Stock, Representing ~5% Of Its Currently Issued And Outstanding Shares Of Class A Non-Voting Common Stock

Oppenheimer Disclosed The Appointment Of Kristin Stephens And David Moffett As Managing Directors Of Public Finance Team

Oppenheimer Holdings Q4 Adj. EPS $1.42 Down From 3.71 YoY; Revenue $308.289M Down From $313.580M YoY

Wednesday marks the last chance for investors to receive the next dividend payout from Oppenheimer Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OPY#NYSE">OPY</a>). 
<h3>What's Happening</h3>
The company announced on Friday that it would pay shareholders a quarterly dividend of 15 cents per share. On Thursday, Oppenheimer Hldgs will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 15 cents lower than it would have opened on any other day.
In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Thursday. Shareholders who own OPY as of the end of Wednesday's session are eligible to receive the 15 cents dividend payout for every share that they own. 
According to the company, this dividend will be paid out to shareholders on November 24, 2023. Investors will then be able to either reinvest those dividends back into the stock or use the payment in some other way. 
<a href="https://www.benzinga.com/quote/OPY">See current stock movements Oppenheimer Hldgs on Benzinga.</a>

Dividends

Oppenheimer Hldgs's Ex-Dividend Date Is Thursday, Here's What You Need To Know

Oppenheimer Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OPY#NYSE">OPY</a>) reported quarterly losses of $(0.85) per share. This is a 165.63 percent decrease over losses of $(0.32) per share from the same period last year. The company reported $306.20 million in sales this quarter. This is a 29.08 percent increase over sales of $237.22 million the same period last year.

Oppenheimer Hldgs Q2 EPS $(0.85) Down From $(0.32) YoY, Sales $306.20M Up From $237.22M YoY

Oppenheimer Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OPY#NYSE">OPY</a>) reported quarterly earnings of $1.22 per share. This is a 76.81 percent increase over earnings of $0.69 per share from the same period last year. The company reported $321.68 million in sales this quarter. This is a 20.92 percent increase over sales of $266.03 million the same period last year.

Oppenheimer Hldgs Q1 EPS $1.22 Up From $0.69 YoY, Sales $321.68M Up From $266.03M YoY

Oppenheimer Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OPY#NYSE">OPY</a>) reported quarterly earnings of $1.87 per share. This is a 59.44 percent decrease over earnings of $4.61 per share from the same period last year. The company reported $313.58 million in sales this quarter. This is a 14.12 percent decrease over sales of $365.12 million the same period last year.

Oppenheimer Holdings Q4 EPS $1.87 Down From $4.61 YoY, Sales $313.58M Down From $365.12M YoY

U.S. stocks traded higher, with the Dow Jones gaining over 100 points on Wednesday. Here are some big stocks recording gains in today&rsquo;s session.
<ul>
<li>Avidity Biosciences, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/rna#NASDAQ">RNA</a>) shares jumped 44.3% to $15.84 after the company announced AOC 1001 data from the preliminary assessment of the Phase 1/2 MARINA trial demonstrating the first-ever successful targeted delivery of RNA into muscle.</li>
<li>Wave Life Sciences Ltd. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/wve#NASDAQ">WVE</a>) surged 21.1% to $5.80. SVB Leerink maintained WAVE Life Sciences with a Market Perform and raised the price target from $2 to $7.</li>
<li>Kymera Therapeutics, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/kymr#NASDAQ">KYMR</a>) shares rose 21.4% to $31.38 after the company announced results from the Phase 1 clinical trial evaluating KT-474 in patients with HS and AD and Sanofi&#39;s decision to advance KT-474 into Phase 2 clinical trials.</li>
<li>REV Group, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/revg#NYSE">REVG</a>) rose 17.2% to $15.57 as the company reported a fourth-quarter FY22 sales growth of 5.7% year-over-year to $623.6 million, beating the consensus of $595 million.</li>
<li>Dyne Therapeutics, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/dyn#NYSE">DYN</a>) gained 16.4% to $14.19.</li>
<li>Harmonic Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/hlit#NASDAQ">HLIT</a>) gained 12.9% to $14.86</li>
<li>Carvana Co. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/cvna#NYSE">CVNA</a>) gained 12.8% to $5.45.</li>
<li>Harrow Health, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/hrow#NASDAQ">HROW</a>) surged 11.9% to $12.43. Harrow Health entered a binding agreement to acquire the exclusive U.S. commercial rights to five FDA‑approved ophthalmic products from Novartis.</li>
<li>Bloom Energy Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/be#NYSE">BE</a>) gained 10.3% to $24.26. UBS initiated coverage on Bloom Energy with a Buy rating and announced a price target of $35.</li>
<li>Mullen Automotive, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/muln#NASDAQ">MULN</a>) jumped 10% to $0.2354. Mullen Automotive partnered with Loop Global to deploy EV charging solutions, including public DC fast charging network and residential offerings.</li>
<li>Oppenheimer Holdings Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/opy#NYSE">OPY</a>) gained 9.7% to $44.19. Oppenheimer Holdings announced share repurchase program; authorizes the company to purchase up to 543,000 shares of the company&#39;s Class A non-voting common stock.</li>
<li>SoFi Technologies, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/sofi#NASDAQ">SOFI</a>) rose 9.7% to $4.86. SoFi Technologies CEO Anthony Noto reported purchase of 1,134,065 shares at ab average price of $4.42 per share.</li>
<li>Mondee Holdings, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mond#NASDAQ">MOND</a>) gained 8.8% to $9.50.</li>
<li>Plug Power Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/plug#NASDAQ">PLUG</a>) rose 8.3% to $15.29. UBS initiated coverage on Plug Power with a Buy rating and announced a price target of $26.</li>
<li>Cytokinetics, Incorporated (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/cytk#NASDAQ">CYTK</a>) jumped 7.6% to $41.27. The FDA&#39;s Cardiovascular and Renal Drugs Advisory Committee voted 8-3 against the approval of Cytokinetics heart failure drug, omecamtiv mecarbil.</li>
</ul>
<a href="https://www.benzinga.com/markets/cryptocurrency/22/12/30076652/bitcoin-tops-18-000-gmx-dogecoin-among-top-losers">Check out this: Bitcoin Tops $18,000; GMX, Dogecoin Among Top Losers </a>

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REV Group, Avidity Biosciences And Some Other Big Stocks Moving Higher On Wednesday

Oppenheimer share are trading higher after the company authorized a share repurchase program for up to 543K shares.

&nbsp;Oppenheimer Holdings Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OPY#NYSE">OPY</a>) today announced that its Board of Directors approved a share repurchase program that authorizes the Company to purchase up to 543,000 shares of the Company&#39;s Class A non-voting common stock, representing approximately&nbsp;5%&nbsp;of its 10,867,660 currently issued and outstanding shares of Class A non-voting common stock. This authorization will supplement the 144,034 shares that remain authorized and available under the Company&#39;s previous share repurchase program covering up to 536,500 shares of the Company&#39;s Class A non-voting common stock, which was announced on&nbsp;July 29, 2022, for a total of 687,034 shares authorized and available for repurchase. The share repurchase program is expected to continue indefinitely.
Any such share purchases will be made by the Company from time to time in the open market at the prevailing open market price using cash on hand, in compliance with the applicable rules and regulations of the New York Stock Exchange, state corporate law and federal and state securities laws and the terms of the Company&#39;s senior secured debt. All shares purchased will be canceled. The timing and amounts of any purchases under the program will be determined by management in its discretion based on market and economic conditions and other factors including price, legal and regulatory requirements and capital availability. The share repurchase program does not obligate the Company to repurchase any dollar amount or number of Class A non-voting common shares. Depending on market conditions and other factors, these repurchases may be commenced or suspended from time to time without prior notice.

Oppenheimer Holdings Inc. Announces Share Repurchase Program; Authorizes The Company To Purchase Up To 543,000 Shares Of The Company's Class A Non-Voting Common Stock

Tuesday marks the last chance for investors to receive the next dividend payout from Oppenheimer Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OPY#NYSE">OPY</a>). 
<h3>What's Happening</h3>
The company announced on Friday that it would pay shareholders a quarterly dividend of 15 cents per share. On Wednesday, Oppenheimer Hldgs will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 15 cents lower than it would have opened on any other day.
In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Wednesday. Shareholders who own OPY as of the end of Tuesday's session are eligible to receive the 15 cents dividend payout for every share that they own. 
According to the company, this dividend will be paid out to shareholders on November 25, 2022. Investors will then be able to either reinvest those dividends back into the stock or use the payment in some other way. 
To stay up-to-date with the companies that are announcing their dividends, <a href="https://www.benzinga.com/calendars/dividends">click here</a> to visit our Dividends Calendar.

Oppenheimer Hldgs: Dividend Insights

Oppenheimer Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OPY#NYSE">OPY</a>) reported quarterly earnings of $0.37 per share. This is a 80.73 percent decrease over earnings of $1.92 per share from the same period last year. The company reported $294.10 million in sales this quarter. This is a 6.74 percent decrease over sales of $315.34 million the same period last year.

Oppenheimer Holdings Q3 EPS $0.37 Down From $1.92 YoY, Sales $294.10M Down From $315.34M YoY

Oppenheimer & Co. Inc. Announces Appointment Of Brad Watkins As Chief Financial Officer

Oppenheimer Holdings Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OPY#NYSE">OPY</a>) today announced that its Board of Directors approved a share repurchase program that authorizes the Company to purchase up to 536,500 shares of the Company&#39;s Class A non-voting common stock, representing approximately&nbsp;4.8%&nbsp;of its 11,251,930 currently issued and outstanding shares of Class A non-voting common stock. This authorization will supplement the 4,278 shares that remain authorized and available under the Company&#39;s previous share repurchase program covering up to 550,000 shares of the Company&#39;s Class A non-voting common stock, which was announced on&nbsp;May 24, 2022, for a total of 540,778 shares authorized and available for repurchase. The share repurchase program is expected to continue indefinitely.
Any such share purchases will be made by the Company from time to time in the open market at the prevailing open market price using cash on hand, in compliance with the applicable rules and regulations of the New York Stock Exchange, state corporate law and federal and state securities laws and the terms of the Company&#39;s senior secured debt. All shares purchased will be canceled. The timing and amounts of any purchases under the program will be determined by management in its discretion based on market and economic conditions and other factors including price, legal and regulatory requirements and capital availability. The share repurchase program does not obligate the Company to repurchase any dollar amount or number of Class A non-voting common shares. Depending on market conditions and other factors, these repurchases may be commenced or suspended from time to time without prior notice.

Oppenheimer Holdings Announces Share Repurchase Program To Repurchase Up To 536.5K Shares Of Common Stock

The finance industry is thriving due to the increasing demand for consumer financial services and investment brokerages in today's digital economy. Considering this, expected rate cuts and technological advances should further enhance the industry's prospects. Therefore, it may be wise to invest in fundamentally strong, Strong Buy-rated financial stocks such as Oppenheimer Holdings (OPY), Atlanticus Holdings (ATLC), and Regional Management (RM). Read on... Despite moderate economic growth and increasing debt burdens in 2024, the finance market is set to benefit from anticipated rate cuts, growing demand for installment loan products, credit services, and middle-market investment banks, alongside full-service broker-dealers offering comprehensive financial solutions.
Amid this backdrop, it could be wise to invest in fundamentally strong financial stocks, such as Oppenheimer Holdings Inc. (<a href="https://stocknews.com/stock/OPY/">OPY</a>), Atlanticus Holdings Corporation (<a href="https://stocknews.com/stock/ATLC/">ATLC</a>), and Regional Management Corp. (<a href="https://stocknews.com/stock/RM/">RM</a>). These stocks are A (Strong Buy) rated in our proprietary <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a> system.
As interest rates are anticipated to decrease, demand for financial services, particularly loans, is expected to rise, even amid stricter credit standards and concerns about loan quality. The Fed is predicted to initiate a series of rate cuts soon, with markets anticipating around <a href="https://www.reuters.com/markets/us/fed-cuts-loom-health-us-economy-could-determine-markets-path-2024-09-16/">250 basis points</a> of reductions by the end of 2025. This expectation is likely to enhance market confidence and drive strong returns.
According to Statista, the total revenue of the worldwide finance market is expected to grow at a <a href="https://www.statista.com/outlook/amo/app/finance/worldwide">CAGR of 9.1%</a>, reaching $2.89 billion by 2029. Meanwhile, as finance companies expand their offerings, brokers are tailoring their services to meet individual client needs with customized investment solutions. The U.S. securities brokerage market is projected to reach <a href="https://www.mordorintelligence.com/industry-reports/us-securities-brokerage-market">$242.33 billion by 2029</a>, with a CAGR of 4.2%.
Moreover, with no imminent signs of recession, investors can anticipate favorable conditions for equities, particularly if the U.S. economy remains resilient. This stability makes finance stocks a compelling investment opportunity. Considering these conducive trends, let's analyze the fundamental aspects of the three financial stocks.
Oppenheimer Holdings Inc. (<a href="https://stocknews.com/stock/OPY/">OPY</a>)
OPY operates as a middle-market investment bank and full-service broker-dealer in the Americas, Europe, the Middle East, and Asia. The company provides brokerage services covering corporate equity and debt securities, money market instruments, exchange-traded options and futures contracts, municipal bonds, mutual funds, exchange-traded funds, and unit investment trusts.
In terms of the trailing-12-month gross profit margin, OPY's 90.14% is 50.7% higher than the 59.81% industry average. Its 1.88% trailing-12-month <a href="https://www.investopedia.com/terms/r/returnonassets.asp">Return on Total Assets</a> margin is 77.3% higher than the 1.06% industry average. Moreover, OPY's 0.39x trailing-12-month asset turnover ratio is 78.4% higher than the 0.22x industry average.
OPY's total revenue for the second quarter ended June 30, 2024, increased by 8% year-over-year to $330.59 million. The company's net income attributable to OPY was $10.27 million, or $0.92 per share, compared to a net loss of $9.40 million, or $0.85 per share, in the prior period.
OPY surpassed the Street EPS estimates in each of the trailing four quarters. Over the past year, OPY's stock has gained 32.8% to close the last trading session at $50.71.
OPY's strong fundamentals are reflected in its <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a>. It has an overall rating of A, equating to a Strong Buy in our proprietary rating system. The POWR Ratings assess stocks by 118 different factors, each with its own weighting.
It has an A grade for Growth and a B for Value. It is ranked first out of 20 stocks in the <a href="https://stocknews.com/category/investment-brokerage/">Investment Brokerage</a> industry. To see OPY's Momentum, Stability, Sentiment, and Quality ratings, <a href="https://stocknews.com/stock/OPY/">click here</a>.
Atlanticus Holdings Corporation (<a href="https://stocknews.com/stock/ATLC/">ATLC</a>)
ATLC is a financial technology company that provides credit and related financial services and products to customers. It operates in two segments: Credit as a Service and Auto Finance.
In terms of the trailing-12-month net income margin, ATLC's 28.16% is 25.8% higher than the 22.39% industry average. Likewise, its 19.25% trailing-12-month Return on Common Equity margin is 86.9% higher than the 10.30% industry average. Furthermore, its 3.59% trailing-12-month Return on Total Assets is 239.3% higher than the 1.06% industry average.
During the second quarter ended June 30, 2024, ATLC's total revenue increased 8.7% year-over-year to $316.02 million. Its total operating revenue rose 8.6% compared to the prior-year quarter, reaching $315.64 million. Additionally, the company's net income attributable to common shareholders was $17.97 million, or $0.99 per share.
Analysts expect ATLC's EPS and revenue for the quarter ending September 30, 2024, to increase 19.7% and 10.8% year-over-year to $1.23 and $326.72 million, respectively. It surpassed the consensus EPS estimates in each of the trailing four quarters. Over the past three months, the stock has gained 24.8% to close the last trading session at $33.06.
It's no surprise that ATLC has an overall rating of A, which translates to a Strong Buy in our proprietary rating system.
It has a B grade for Value, Momentum, Stability, and Quality. Within the <a href="https://stocknews.com/category/consumer-finance/">Consumer Financial Services</a> industry, it is ranked #4 out of 47 stocks. Beyond what we have stated above, we also have given ATLC grades for Growth and Sentiment. Get all the ATLC ratings <a href="https://stocknews.com/stock/ATLC/">here</a>.
Regional Management Corp. (<a href="https://stocknews.com/stock/RM/">RM</a>)
RM is a diversified consumer finance company that provides various installment loan products primarily to customers with limited access to consumer credit from banks, thrifts, credit card companies, and other lenders in the United States.
In terms of the trailing 12-month Return on Total Assets, RM's 1.39% is 31.4% higher than the industry average of 1.06%. Similarly, RM's 0.31x trailing-12-month asset turnover ratio is 45.4% higher than the industry average of 0.22x.
For the fiscal second quarter that ended June 30, 2024, RM's total revenue increased 7.1% year-over-year to $143.03 million. Its net income stood at $8.45 million, or $0.86 per common share, respectively, up 40.2% and 36.5% year-over-year. In addition, the company's total assets of $1.79 billion indicate an increase of 3.8% from the previous year's period.
Street expects RM's revenue for the quarter ending September 30, 2024, to increase 5% year-over-year to $147.86 million. Its EPS for the same quarter is expected to grow 15.2% year-over-year to $1.05. It has surpassed the consensus EPS estimates in three of the trailing four quarters. Over the past six months, the stock has gained 42% to close the last trading session at $33.26.
RM's positive outlook is reflected in its POWR Ratings. It has an overall rating of A, equating to a Strong Buy in our proprietary rating system.
It is ranked first in the Consumer Financial Services industry. It has a B grade for Value, Momentum, Stability, Sentiment, and Quality. To access RM's grades for Growth, <a href="https://stocknews.com/stock/RM/">click here</a>.
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OPY shares were trading at $50.25 per share on Tuesday afternoon, up $0.01 (+0.02%). Year-to-date, OPY has gained 22.97%, versus a 19.14% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Abhishek Bhuyan</h2> <img src='https:/wp-content/uploads/2023/07/ABhuyan.jpg' style="float:left; padding:5px;width:125px;">Abhishek embarked on his professional journey as a financial journalist due to his keen interest in discerning the fundamental factors that influence the future performance of financial instruments.<a href="https://stocknews.com/authors/?author=abhishek-bhuyan">More...</a>The post <a href=https://stocknews.com/news/opy-atlc-rm-3-financial-stocks-with-strong-buy-ratings/>3 Financial Stocks With Strong Buy Ratings</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

3 Financial Stocks With Strong Buy Ratings

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