FY2025 EPS Estimates for Origin Bancorp Lowered by Analyst

Origin Bancorp, Inc. (NASDAQ:OBK) – Equities researchers at DA Davidson lowered their FY2025 earnings per share (EPS) estimates for shares of Origin Bancorp in a report issued on Thursday, December 19th. DA Davidson analyst M. Navas now expects that the company will post earnings per share of $2.50 for the year, down from their previous forecast of $2.55. DA Davidson has a “Buy” rating and a $38.00 price objective on the stock. The consensus estimate for Origin Bancorp’s current full-year earnings is $2.46 per share.

A number of other research firms have also weighed in on OBK. Keefe, Bruyette & Woods upped their price objective on Origin Bancorp from $37.00 to $42.00 and gave the stock an “outperform” rating in a research note on Wednesday, December 4th. Stephens boosted their price target on Origin Bancorp from $37.00 to $38.00 and gave the company an “overweight” rating in a report on Friday, October 25th. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $36.80.

Origin Bancorp Stock Down 1.6 %

NASDAQ:OBK opened at $32.77 on Friday. The company has a market capitalization of $1.02 billion, a PE ratio of 13.49 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. The firm’s 50-day moving average price is $34.00 and its 200-day moving average price is $32.62. Origin Bancorp has a 1-year low of $27.69 and a 1-year high of $37.56.

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

Origin Bancorp Dividend Announcement

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

Institutional Investors Weigh In On Origin Bancorp

Several institutional investors and hedge funds have recently modified their holdings of the company. International Assets Investment Management LLC lifted its holdings in shares of Origin Bancorp by 3,116.0% in the 3rd quarter. International Assets Investment Management LLC now owns 24,281 shares of the company’s stock valued at $755,000 after purchasing an additional 23,526 shares during the last quarter. Wakefield Asset Management LLLP acquired a new stake in shares of Origin Bancorp in the 2nd quarter worth approximately $902,000. Linscomb Wealth Inc. purchased a new stake in shares of Origin Bancorp in the 2nd quarter worth about $614,000. Bailard Inc. purchased a new position in shares of Origin Bancorp during the 2nd quarter worth approximately $251,000. Finally, Royce & Associates LP grew its stake in Origin Bancorp by 7.3% in the 3rd quarter. Royce & Associates LP now owns 961,892 shares of the company’s stock worth $30,934,000 after acquiring an additional 65,844 shares during the period. Hedge funds and other institutional investors own 54.68% of the company’s stock.

About Origin Bancorp

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.