FY2025 EPS Forecast for Origin Bancorp Raised by Analyst

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

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

Origin Bancorp Trading Down 1.1 %

OBK opened at $38.44 on Thursday. Origin Bancorp has a twelve month low of $27.69 and a twelve month high of $39.48. The firm has a market cap of $1.20 billion, a PE ratio of 14.37 and a beta of 1.00. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.97 and a current ratio of 0.97. The firm’s fifty day moving average is $34.74 and its two-hundred day moving average is $33.40.

Institutional Investors Weigh In On Origin Bancorp

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Envestnet Asset Management Inc. lifted its stake in Origin Bancorp by 19.6% in the second quarter. Envestnet Asset Management Inc. now owns 60,044 shares of the company’s stock valued at $1,905,000 after acquiring an additional 9,851 shares during the last quarter. Dimensional Fund Advisors LP lifted its stake in Origin Bancorp by 11.1% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,023,197 shares of the company’s stock valued at $32,454,000 after purchasing an additional 102,159 shares during the last quarter. Cubist Systematic Strategies LLC grew its holdings in Origin Bancorp by 120.1% during the second quarter. Cubist Systematic Strategies LLC now owns 25,650 shares of the company’s stock worth $814,000 after purchasing an additional 13,996 shares during the period. AQR Capital Management LLC increased its position in Origin Bancorp by 72.7% during the second quarter. AQR Capital Management LLC now owns 22,392 shares of the company’s stock worth $710,000 after buying an additional 9,425 shares during the last quarter. Finally, Millennium Management LLC raised its stake in Origin Bancorp by 92.3% in the second quarter. Millennium Management LLC now owns 124,521 shares of the company’s stock valued at $3,950,000 after buying an additional 59,763 shares during the period. 54.68% of the stock is currently owned by institutional investors and hedge funds.

Origin Bancorp Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 14th will be paid a dividend of $0.15 per share. The ex-dividend date of this dividend is Friday, February 14th. This represents a $0.60 annualized dividend and a dividend yield of 1.56%. Origin Bancorp’s dividend payout ratio is currently 24.39%.

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.