Origin Bancorp FY2025 EPS Estimate Lowered by DA Davidson

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

A number of other analysts also recently weighed in on OBK. Keefe, Bruyette & Woods boosted their target price on Origin Bancorp from $37.00 to $42.00 and gave the stock an “outperform” rating in a research report 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 analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $36.80.

Origin Bancorp Stock Performance

Shares of Origin Bancorp stock opened at $32.77 on Friday. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 0.17. The firm has a market capitalization of $1.02 billion, a P/E ratio of 13.49 and a beta of 1.00. Origin Bancorp has a 12 month low of $27.69 and a 12 month high of $37.56. The business’s fifty day simple moving average is $34.00 and its 200 day simple moving average is $32.62.

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

Origin Bancorp Dividend Announcement

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

Hedge Funds Weigh In On Origin Bancorp

A number of hedge funds have recently added to or reduced their stakes in OBK. nVerses Capital LLC acquired a new stake in shares of Origin Bancorp during the 2nd quarter worth approximately $25,000. Point72 Asia Singapore Pte. Ltd. purchased a new stake in Origin Bancorp in the third quarter valued at approximately $30,000. Quantbot Technologies LP grew its stake in shares of Origin Bancorp by 78.1% in the third quarter. Quantbot Technologies LP now owns 2,706 shares of the company’s stock worth $87,000 after acquiring an additional 1,187 shares in the last quarter. Meeder Asset Management Inc. purchased a new position in shares of Origin Bancorp in the 2nd quarter valued at about $91,000. Finally, SG Americas Securities LLC acquired a new stake in shares of Origin Bancorp during the third quarter worth about $160,000. 54.68% of the stock is currently owned by institutional investors.

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.