FY2025 EPS Estimates for Origin Bancorp Raised by Analyst

Origin Bancorp, Inc. (NASDAQ:OBK) – Research analysts at DA Davidson boosted their FY2025 EPS estimates for Origin Bancorp in a research report issued on Tuesday, January 28th. DA Davidson analyst M. Navas now expects that the company will earn $3.45 per share for the year, up from their previous estimate of $2.50. DA Davidson has a “Buy” rating and a $44.00 price objective on the stock. The consensus estimate for Origin Bancorp’s current full-year earnings is $2.43 per share.

Several other analysts have also recently commented on OBK. Piper Sandler increased their target price on Origin Bancorp from $35.00 to $42.00 and gave the stock a “neutral” rating in a report on Friday, January 24th. Stephens restated an “overweight” rating and issued a $42.00 price objective on shares of Origin Bancorp in a research report on Thursday, January 23rd. Raymond James reiterated a “strong-buy” rating and set a $44.00 target price (up from $40.00) on shares of Origin Bancorp in a research report on Friday, January 24th. Finally, Keefe, Bruyette & Woods reissued an “outperform” rating and issued a $45.00 price target (up previously from $42.00) on shares of Origin Bancorp in a report on Wednesday. One equities research analyst has rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus target price of $43.40.

Origin Bancorp Stock Down 1.0 %

NASDAQ OBK opened at $38.01 on Thursday. The stock’s 50 day simple moving average is $34.83 and its 200 day simple moving average is $33.43. Origin Bancorp has a one year low of $27.69 and a one year high of $39.48. The firm has a market cap of $1.18 billion, a PE ratio of 15.45 and a beta of 1.00. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.97 and a quick ratio of 0.97.

Origin Bancorp Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 14th will be paid a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 1.58%. The ex-dividend date of this dividend is Friday, February 14th. Origin Bancorp’s dividend payout ratio (DPR) is presently 24.39%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in OBK. JPMorgan Chase & Co. raised its stake in Origin Bancorp by 80.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 72,986 shares of the company’s stock worth $2,347,000 after buying an additional 32,619 shares during the period. Barclays PLC raised its position in shares of Origin Bancorp by 79.9% during the third quarter. Barclays PLC now owns 78,187 shares of the company’s stock worth $2,515,000 after purchasing an additional 34,733 shares during the period. State Street Corp lifted its holdings in shares of Origin Bancorp by 2.0% during the 3rd quarter. State Street Corp now owns 844,151 shares of the company’s stock valued at $27,148,000 after purchasing an additional 16,309 shares in the last quarter. Geode Capital Management LLC lifted its holdings 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 valued at $21,654,000 after purchasing an additional 9,435 shares in the last quarter. Finally, International Assets Investment Management LLC increased its stake in Origin Bancorp by 3,116.0% during the 3rd quarter. International Assets Investment Management LLC now owns 24,281 shares of the company’s stock worth $755,000 after purchasing an additional 23,526 shares in the last quarter. 54.68% of the stock is currently owned by institutional investors.

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.