FY2025 EPS Estimates for Origin Bancorp Raised by Analyst

Origin Bancorp, Inc. (NASDAQ:OBK) – DA Davidson increased their FY2025 EPS estimates for shares of Origin Bancorp in a report issued on Tuesday, July 1st. DA Davidson analyst M. Navas now anticipates that the company will earn $3.30 per share for the year, up from their previous forecast of $3.25. The consensus estimate for Origin Bancorp’s current full-year earnings is $3.14 per share.

Other analysts have also issued reports about the company. Piper Sandler raised Origin Bancorp from a “neutral” rating to an “overweight” rating in a report on Thursday, April 24th. Keefe, Bruyette & Woods dropped their price objective on shares of Origin Bancorp from $44.00 to $41.00 and set an “outperform” rating on the stock in a research note on Monday, April 28th. Raymond James Financial cut shares of Origin Bancorp from a “strong-buy” rating to an “outperform” rating and decreased their target price for the company from $44.00 to $39.00 in a research note on Wednesday, April 2nd. Finally, Stephens restated an “overweight” rating and set a $45.00 price target on shares of Origin Bancorp in a research report on Thursday, March 20th. Five equities research analysts have rated the stock with a buy rating, According to data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of $42.20.

Origin Bancorp Price Performance

Shares of OBK opened at $37.55 on Thursday. The company has a market capitalization of $1.17 billion, a P/E ratio of 15.26 and a beta of 0.83. The business’s 50-day moving average is $34.02 and its two-hundred day moving average is $34.76. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.97 and a current ratio of 0.97. Origin Bancorp has a fifty-two week low of $28.80 and a fifty-two week high of $41.17.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Sterling Capital Management LLC increased its holdings in Origin Bancorp by 812.6% in the 4th quarter. Sterling Capital Management LLC now owns 940 shares of the company’s stock worth $31,000 after acquiring an additional 837 shares in the last quarter. CWM LLC increased its stake in shares of Origin Bancorp by 44.8% during the first quarter. CWM LLC now owns 1,018 shares of the company’s stock worth $35,000 after purchasing an additional 315 shares in the last quarter. Federated Hermes Inc. acquired a new position in shares of Origin Bancorp during the 1st quarter worth about $40,000. Nisa Investment Advisors LLC lifted its stake in Origin Bancorp by 46.7% in the 1st quarter. Nisa Investment Advisors LLC now owns 1,257 shares of the company’s stock valued at $44,000 after buying an additional 400 shares in the last quarter. Finally, Comerica Bank boosted its holdings in Origin Bancorp by 13.0% in the 4th quarter. Comerica Bank now owns 3,008 shares of the company’s stock worth $100,000 after buying an additional 347 shares during the last quarter. Hedge funds and other institutional investors own 54.68% of the company’s stock.

Origin Bancorp Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, May 30th. Stockholders of record on Thursday, May 15th were paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 1.60%. The ex-dividend date was Thursday, May 15th. Origin Bancorp’s payout ratio is 24.59%.

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.