Origin Bancorp’s (OBK) Buy Rating Reiterated at DA Davidson

Origin Bancorp (NYSE:OBK)‘s stock had its “buy” rating reissued by stock analysts at DA Davidson in a research report issued on Thursday,Benzinga reports. They presently have a $42.00 target price on the stock. DA Davidson’s price objective points to a potential downside of 0.85% from the company’s current price.

A number of other equities analysts have also weighed in on the stock. Wall Street Zen upgraded shares of Origin Bancorp from a “sell” rating to a “hold” rating in a research report on Saturday, November 8th. Piper Sandler upped their target price on shares of Origin Bancorp from $42.00 to $43.00 and gave the stock an “overweight” rating in a report on Monday, October 27th. Weiss Ratings reissued a “hold (c)” rating on shares of Origin Bancorp in a report on Thursday, January 22nd. Finally, Zacks Research upgraded Origin Bancorp from a “strong sell” rating to a “hold” rating in a research report on Monday. Five research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $42.80.

Origin Bancorp Price Performance

Shares of NYSE:OBK traded up $1.63 during midday trading on Thursday, hitting $42.36. The company had a trading volume of 255,730 shares, compared to its average volume of 224,567. Origin Bancorp has a 12-month low of $28.80 and a 12-month high of $43.24. The business has a fifty day simple moving average of $38.56. The firm has a market cap of $1.31 billion, a P/E ratio of 22.18 and a beta of 0.74. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.97 and a current ratio of 0.97.

Origin Bancorp (NYSE:OBK) last released its quarterly earnings results on Wednesday, January 28th. The company reported $0.95 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.88 by $0.07. Origin Bancorp had a return on equity of 5.05% and a net margin of 10.23%.The business had revenue of $94.00 million during the quarter.

Insider Buying and Selling

In other news, Director Cecil W. Jones bought 8,500 shares of the firm’s stock in a transaction on Tuesday, November 4th. The stock was acquired at an average cost of $34.71 per share, with a total value of $295,035.00. Following the transaction, the director directly owned 12,709 shares in the company, valued at approximately $441,129.39. This trade represents a 201.95% increase in their position. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 6.39% of the stock is owned by insiders.

Hedge Funds Weigh In On Origin Bancorp

Institutional investors have recently made changes to their positions in the company. The Manufacturers Life Insurance Company boosted its position in shares of Origin Bancorp by 2.0% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 15,402 shares of the company’s stock worth $550,000 after purchasing an additional 300 shares during the period. Jacobs Levy Equity Management Inc. boosted its position in shares of Origin Bancorp by 2.8% during the third quarter. Jacobs Levy Equity Management Inc. now owns 13,724 shares of the company’s stock worth $474,000 after buying an additional 375 shares during the period. Harbor Capital Advisors Inc. grew its stake in shares of Origin Bancorp by 4.3% in the third quarter. Harbor Capital Advisors Inc. now owns 11,162 shares of the company’s stock valued at $385,000 after buying an additional 460 shares in the last quarter. Mackenzie Financial Corp raised its holdings in shares of Origin Bancorp by 2.8% in the 3rd quarter. Mackenzie Financial Corp now owns 18,511 shares of the company’s stock valued at $639,000 after buying an additional 510 shares during the period. Finally, Swiss National Bank lifted its stake in Origin Bancorp by 1.2% during the 3rd quarter. Swiss National Bank now owns 57,382 shares of the company’s stock worth $1,981,000 after acquiring an additional 700 shares in the last quarter. Hedge funds and other institutional investors own 54.68% of the company’s stock.

Key Stories Impacting Origin Bancorp

Here are the key news stories impacting Origin Bancorp this week:

• Positive Sentiment: Q4 results beat expectations — Origin reported $0.95 diluted EPS for Q4 (vs. $0.88 consensus) and net income of $29.5M; net interest income, improved NIM and a 4Q ROAA run rate of 1.19% show operational momentum. This is the main driver cited for the stock strength. GlobeNewswire Earnings Release
• Positive Sentiment: Dividend and shareholder returns — Board declared a $0.15 quarterly cash dividend (payable Feb 27) and the company repurchased shares in the quarter (49k shares in Q4; 451k YTD at avg ~$35). Those cash-return actions support investor sentiment. GlobeNewswire Dividend Release
• Positive Sentiment: Insider buying & improving metrics — Filings summarized by QuiverQuant note multiple insider purchases and YoY growth in net interest income, tangible book value per share improvement and a PTPP earnings increase — signals management confidence and operational improvement. QuiverQuant Summary
• Positive Sentiment: Analyst action/upgrades — Zacks moved the stock from “strong sell” to “hold,” and recent coverage from DA Davidson / Piper Sandler remains constructive with price targets around the low $40s, which helps underpin today’s buying. Zacks
• Neutral Sentiment: Detail & context pieces on Q4 metrics — Coverage comparing key metrics vs. estimates highlights strong top- and bottom-line trends but also nuances (noninterest income variability, deposit adjustments). Useful for modeling but not a single-direction catalyst. Zacks Metrics vs Estimates
• Negative Sentiment: Rising short interest and some credit/provision noise — Short interest rose ~20% in January (to ~374k shares), and while Q4 showed large quarter-over-quarter improvement in provisions (driven by prior-quarter fraud-related items), investors should watch noninterest income declines and year-over-year EPS slight dip. Those factors could cap upside. QuiverQuant (credit & short interest)

About Origin Bancorp

Origin Bancorp, Inc (NYSE: OBK) is a bank holding company based in Atlanta, Georgia, and is the parent of Origin Bank, a full-service commercial banking franchise. The company provides a broad range of financial products and services to individuals, small and middle-market businesses, and institutional clients across the southeastern United States.

Through Origin Bank, the company offers a variety of deposit products, including checking and savings accounts, money market accounts, and certificates of deposit.