FY2025 EPS Estimate for Origin Bancorp Lowered by Analyst

Origin Bancorp, Inc. (NASDAQ:OBK) – Research analysts at DA Davidson cut their FY2025 earnings per share estimates for Origin Bancorp in a research note issued on Thursday, December 19th. DA Davidson analyst M. Navas now anticipates that the company will earn $2.50 per share for the year, down from their prior estimate of $2.55. DA Davidson currently has a “Buy” rating and a $38.00 target price on the stock. The consensus estimate for Origin Bancorp’s current full-year earnings is $2.46 per share.

Several other brokerages have also recently weighed in on OBK. Stephens upped their target price on Origin Bancorp from $37.00 to $38.00 and gave the stock an “overweight” rating in a report on Friday, October 25th. Raymond James upgraded shares of Origin Bancorp from a “moderate buy” rating to a “strong-buy” rating in a report on Thursday. Finally, Keefe, Bruyette & Woods raised their target price on shares of Origin Bancorp from $37.00 to $42.00 and gave the company an “outperform” rating in a research report on Wednesday, December 4th. One equities research analyst has rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, Origin Bancorp has an average rating of “Buy” and an average target price of $36.80.

Origin Bancorp Price Performance

NASDAQ OBK opened at $32.80 on Friday. The stock has a market capitalization of $1.02 billion, a price-to-earnings ratio of 13.50 and a beta of 1.00. Origin Bancorp has a 1-year low of $27.69 and a 1-year high of $37.56. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.97 and a quick ratio of 0.97. The business’s fifty day moving average price is $34.01 and its 200-day moving average price is $32.65.

Origin Bancorp (NASDAQ:OBK) last issued its earnings results on Wednesday, October 23rd. The company reported $0.60 earnings per share for the quarter, missing analysts’ consensus estimates of $0.66 by ($0.06). The business had revenue of $160.25 million during the quarter, compared to analysts’ expectations of $93.40 million. Origin Bancorp had a return on equity of 7.36% and a net margin of 12.12%. During the same period last year, the firm posted $0.71 EPS.

Institutional Trading of Origin Bancorp

A number of hedge funds and other institutional investors have recently made changes to their positions in OBK. Franklin Resources Inc. grew its holdings in Origin Bancorp by 27.6% during the third quarter. Franklin Resources Inc. now owns 71,321 shares of the company’s stock worth $2,302,000 after acquiring an additional 15,405 shares during the period. Geode Capital Management LLC grew its stake in shares of Origin Bancorp by 1.4% during the 3rd quarter. Geode Capital Management LLC now owns 673,189 shares of the company’s stock worth $21,654,000 after purchasing an additional 9,435 shares during the period. Barclays PLC increased its holdings in shares of Origin Bancorp by 79.9% during the 3rd quarter. Barclays PLC now owns 78,187 shares of the company’s stock valued at $2,515,000 after purchasing an additional 34,733 shares in the last quarter. Y Intercept Hong Kong Ltd acquired a new position in shares of Origin Bancorp in the 3rd quarter valued at $542,000. Finally, XTX Topco Ltd purchased a new stake in Origin Bancorp during the third quarter worth $258,000. Institutional investors and hedge funds own 54.68% of the company’s stock.

Origin Bancorp Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, November 29th. Stockholders of record on Friday, November 15th were paid a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 1.83%. The ex-dividend date was Friday, November 15th. Origin Bancorp’s payout ratio is 24.69%.

Origin Bancorp Company Profile

Origin Bancorp, Inc operates as a bank holding company for Origin Bank that provides banking and financial services to small and medium-sized businesses, municipalities, and retail clients in Texas, Louisiana, and Mississippi. It offers noninterest and interest-bearing checking accounts, savings deposits, money market accounts, and time deposits; and offers commercial real estate, construction and land development, consumer, residential real estate, commercial and industrial, mortgage warehouse, and residential mortgage loans.