Hanmi Financial (HAFC) Stock Forecast, Price Target & Predictions
HAFC Stock Forecast
Hanmi Financial stock forecast is as follows: an average price target of $21.17 (represents a -16.19% downside from HAFC’s last price of $25.26) and a rating consensus of 'Buy', based on 3 wall street analysts offering a 1-year stock forecast.
HAFC Price Target
The average price target for Hanmi Financial (HAFC) is $21.17 based on 1-year price targets from 3 Wall Street analysts in the past 3 months, with a price target range of $25.50 to $17.00. This represents a potential -16.19% downside from HAFC's last price of $25.26.
HAFC Analyst Ratings
According to 3 Wall Street analysts, Hanmi Financial's rating consensus is 'Buy'. The analyst rating breakdown for HAFC stock is 0 'Strong Buy' (0.00%), 2 'Buy' (66.67%), 1 'Hold' (33.33%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Hanmi Financial Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 23, 2024 | Matthew Clark | Piper Sandler | $25.50 | $21.56 | 18.27% | 0.95% |
| Jul 24, 2024 | Gary Tenner | D.A. Davidson | $21.00 | $20.70 | 1.45% | -16.86% |
| Jul 12, 2024 | David Chiaverini | Wedbush | $17.00 | $17.40 | -2.30% | -32.70% |
| Apr 25, 2024 | Gary Tenner | D.A. Davidson | $18.00 | $15.67 | 14.87% | -28.74% |
The latest Hanmi Financial stock forecast, released on Oct 23, 2024 by Matthew Clark from Piper Sandler, set a price target of $25.50, which represents a 18.27% increase from the stock price at the time of the forecast ($21.56), and a 0.95% increase from HAFC last price ($25.26).
Hanmi Financial Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 1 | 4 |
| Avg Price Target | $25.50 | $25.50 | $20.38 |
| Last Closing Price | $25.26 | $25.26 | $25.26 |
| Upside/Downside | 0.95% | 0.95% | -19.32% |
In the current month, the average price target of Hanmi Financial stock is $25.50, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 0.95% increase as opposed to Hanmi Financial's last price of $25.26. This month's average price target is down 0.00% compared to last quarter, and up 25.12% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 23, 2024 | Piper Sandler | - | Overweight | Upgrade |
| Oct 23, 2024 | Wedbush | Neutral | Neutral | Hold |
| Oct 02, 2024 | Keefe, Bruyette & Woods | Market Perform | Outperform | Upgrade |
| Jul 12, 2024 | Wedbush | Neutral | Neutral | Hold |
| Apr 24, 2024 | Keefe, Bruyette & Woods | Market Perform | Market Perform | Hold |
Hanmi Financial's last stock rating was published by Piper Sandler on Oct 23, 2024. The company Upgrade its HAFC rating from "null" to "Overweight".
Hanmi Financial Financial Forecast
Hanmi Financial Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $104.09M | $66.08M | $61.41M | $66.19M | $72.02M | $72.00M | $68.35M | $59.48M | $59.05M | $62.44M | $58.46M | $55.81M | $54.28M | $52.74M | $65.37M | $50.20M | $50.65M | $50.92M |
| Avg Forecast | $69.88M | $69.07M | $67.40M | $66.10M | $68.06M | $66.46M | $64.30M | $62.31M | $61.46M | $58.98M | $58.76M | $59.03M | $63.20M | $62.77M | $64.15M | $69.85M | $73.40M | $68.97M | $63.75M | $58.90M | $59.73M | $57.05M | $54.38M | $54.58M | $53.20M | $52.68M | $49.58M | $49.23M | $51.27M | $51.00M |
| High Forecast | $71.37M | $70.54M | $68.83M | $67.51M | $69.51M | $67.87M | $65.67M | $63.85M | $63.02M | $58.98M | $58.76M | $59.03M | $64.57M | $63.29M | $65.52M | $71.34M | $74.96M | $68.97M | $63.75M | $58.90M | $59.73M | $57.05M | $54.38M | $54.58M | $53.20M | $52.68M | $49.58M | $49.23M | $51.27M | $51.00M |
| Low Forecast | $68.74M | $67.94M | $66.30M | $65.03M | $66.96M | $65.38M | $63.25M | $61.28M | $60.68M | $58.98M | $58.76M | $59.03M | $62.17M | $62.10M | $63.11M | $68.71M | $72.21M | $68.97M | $63.75M | $58.90M | $59.73M | $57.05M | $54.38M | $54.58M | $53.20M | $52.68M | $49.58M | $49.23M | $51.27M | $51.00M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 3 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 15 | 9 | 9 | 8 | 8 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.65% | 1.05% | 0.96% | 0.95% | 0.98% | 1.04% | 1.07% | 1.01% | 0.99% | 1.09% | 1.08% | 1.02% | 1.02% | 1.00% | 1.32% | 1.02% | 0.99% | 1.00% |
Hanmi Financial's average Quarter revenue forecast for Mar 24 based on 1 analysts is $59.03M, with a low forecast of $59.03M, and a high forecast of $59.03M. HAFC's average Quarter revenue forecast represents a -43.29% decrease compared to the company's last Quarter revenue of $104.09M (Dec 23).
Hanmi Financial EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 3 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 15 | 9 | 9 | 8 | 8 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $26.68M | $29.15M | $60.72M | $55.80M | $52.42M | $39.46M | $41.67M | $52.12M | $47.10M | $39.91M | $34.07M | $30.11M | $35.01M | $27.64M | $20.66M | $25.25M | $36.98M |
| Avg Forecast | $26.93M | $26.62M | $25.97M | $25.47M | $26.23M | $25.61M | $24.78M | $24.01M | $23.69M | $22.73M | $22.65M | $35.16M | $24.36M | $24.19M | $24.72M | $31.96M | $35.00M | $26.58M | $24.57M | $29.05M | $23.02M | $21.99M | $20.96M | $25.35M | $20.50M | $20.30M | $19.11M | $32.23M | $19.76M | $19.66M |
| High Forecast | $27.50M | $27.19M | $26.53M | $26.02M | $26.79M | $26.16M | $25.31M | $24.61M | $24.29M | $22.73M | $22.65M | $42.19M | $24.88M | $24.39M | $25.25M | $38.35M | $42.00M | $26.58M | $24.57M | $34.86M | $23.02M | $21.99M | $20.96M | $30.43M | $20.50M | $20.30M | $19.11M | $38.67M | $19.76M | $19.66M |
| Low Forecast | $26.49M | $26.19M | $25.55M | $25.06M | $25.80M | $25.20M | $24.38M | $23.62M | $23.39M | $22.73M | $22.65M | $28.12M | $23.96M | $23.93M | $24.32M | $25.57M | $28.00M | $26.58M | $24.57M | $23.24M | $23.02M | $21.99M | $20.96M | $20.28M | $20.50M | $20.30M | $19.11M | $25.78M | $19.76M | $19.66M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.10% | 1.18% | 1.90% | 1.59% | 1.97% | 1.61% | 1.43% | 2.26% | 2.14% | 1.90% | 1.34% | 1.47% | 1.72% | 1.45% | 0.64% | 1.28% | 1.88% |
3 analysts predict HAFC's average Quarter EBITDA for Dec 23 to be $24.36M, with a high of $24.88M and a low of $23.96M. This is -8.72% lower than Hanmi Financial's previous annual EBITDA (Sep 23) of $26.68M.
Hanmi Financial Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 3 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 15 | 9 | 9 | 8 | 8 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $18.63M | $18.80M | $20.62M | $21.99M | $28.48M | $27.17M | $25.05M | $20.70M | $33.33M | $26.57M | $22.12M | $16.66M | $14.33M | $16.34M | $9.18M | $2.35M | $3.08M | $12.38M |
| Avg Forecast | $19.49M | $19.28M | $18.28M | $17.04M | $18.02M | $17.39M | $16.37M | $15.20M | $15.47M | $14.52M | $14.12M | $20.72M | $17.82M | $18.67M | $19.42M | $18.84M | $22.38M | $23.55M | $20.14M | $17.13M | $18.18M | $17.18M | $14.21M | $12.40M | $11.09M | $7.89M | $4.40M | $3.67M | $13.14M | $14.04M |
| High Forecast | $20.03M | $19.81M | $18.79M | $17.51M | $18.52M | $17.88M | $16.82M | $16.35M | $16.05M | $14.54M | $14.51M | $24.87M | $19.30M | $19.88M | $19.96M | $22.61M | $26.85M | $23.55M | $20.14M | $20.55M | $18.18M | $17.18M | $14.21M | $14.88M | $11.09M | $7.89M | $4.40M | $4.40M | $13.14M | $14.04M |
| Low Forecast | $19.08M | $18.87M | $17.90M | $16.68M | $17.64M | $17.03M | $16.02M | $14.34M | $14.30M | $14.49M | $13.82M | $16.58M | $16.34M | $17.77M | $19.01M | $15.07M | $17.90M | $23.55M | $20.14M | $13.70M | $18.18M | $17.18M | $14.21M | $9.92M | $11.09M | $7.89M | $4.40M | $2.93M | $13.14M | $14.04M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.05% | 1.01% | 1.06% | 1.17% | 1.27% | 1.15% | 1.24% | 1.21% | 1.83% | 1.55% | 1.56% | 1.34% | 1.29% | 2.07% | 2.09% | 0.64% | 0.23% | 0.88% |
Hanmi Financial's average Quarter net income forecast for Mar 24 is $20.72M, with a range of $16.58M to $24.87M. HAFC's average Quarter net income forecast represents a 11.22% increase compared to the company's last Quarter net income of $18.63M (Dec 23).
Hanmi Financial SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 3 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 15 | 9 | 9 | 8 | 8 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $20.89M | $21.11M | $21.44M | $21.25M | $20.55M | $19.44M | $18.53M | $23.63M | $23.42M | $22.32M | $20.86M | $21.98M | $21.25M | $18.82M | $21.93M | $21.75M | $21.59M |
| Avg Forecast | $20.81M | $20.56M | $20.07M | $19.68M | $20.26M | $19.79M | $19.14M | $18.55M | $18.30M | $17.56M | $17.49M | $22.47M | $18.82M | $18.69M | $19.10M | $20.42M | $15.87M | $20.54M | $18.98M | $18.57M | $17.78M | $16.99M | $16.19M | $15.53M | $15.84M | $15.68M | $14.76M | $34.22M | $15.27M | $15.18M |
| High Forecast | $21.25M | $21.00M | $20.49M | $20.10M | $20.70M | $20.21M | $19.55M | $19.01M | $18.76M | $17.56M | $17.49M | $26.96M | $19.22M | $18.84M | $19.51M | $24.51M | $19.04M | $20.54M | $18.98M | $22.28M | $17.78M | $16.99M | $16.19M | $18.63M | $15.84M | $15.68M | $14.76M | $41.06M | $15.27M | $15.18M |
| Low Forecast | $20.47M | $20.23M | $19.74M | $19.36M | $19.94M | $19.47M | $18.83M | $18.24M | $18.07M | $17.56M | $17.49M | $17.97M | $18.51M | $18.49M | $18.79M | $16.34M | $12.69M | $20.54M | $18.98M | $14.85M | $17.78M | $16.99M | $16.19M | $12.42M | $15.84M | $15.68M | $14.76M | $27.37M | $15.27M | $15.18M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.12% | 1.11% | 1.05% | 1.34% | 1.00% | 1.02% | 1.00% | 1.33% | 1.38% | 1.38% | 1.34% | 1.39% | 1.35% | 1.27% | 0.64% | 1.42% | 1.42% |
Hanmi Financial's average Quarter SG&A projection for Dec 23 is $18.82M, based on 3 Wall Street analysts, with a range of $18.51M to $19.22M. The forecast indicates a -9.95% fall compared to HAFC last annual SG&A of $20.89M (Sep 23).
Hanmi Financial EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 3 | 1 | 1 | 1 | 3 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 15 | 9 | 9 | 8 | 8 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $0.62 | $0.62 | $0.68 | $0.72 | $0.93 | $0.89 | $0.82 | $0.68 | $1.10 | $0.87 | $0.72 | $0.54 | $0.47 | $0.53 | $0.30 | $0.08 | $0.10 | $0.40 |
| Avg Forecast | $0.65 | $0.64 | $0.61 | $0.57 | $0.60 | $0.58 | $0.55 | $0.51 | $0.51 | $0.48 | $0.47 | $0.52 | $0.59 | $0.62 | $0.65 | $0.76 | $0.83 | $0.78 | $0.67 | $0.57 | $0.60 | $0.57 | $0.47 | $0.42 | $0.37 | $0.26 | $0.15 | $0.30 | $0.44 | $0.47 |
| High Forecast | $0.67 | $0.66 | $0.63 | $0.58 | $0.62 | $0.60 | $0.56 | $0.54 | $0.53 | $0.48 | $0.48 | $0.52 | $0.64 | $0.66 | $0.66 | $0.78 | $0.86 | $0.78 | $0.67 | $0.57 | $0.60 | $0.57 | $0.47 | $0.42 | $0.37 | $0.26 | $0.15 | $0.30 | $0.44 | $0.47 |
| Low Forecast | $0.64 | $0.63 | $0.60 | $0.56 | $0.59 | $0.57 | $0.53 | $0.48 | $0.48 | $0.48 | $0.46 | $0.52 | $0.54 | $0.59 | $0.63 | $0.75 | $0.82 | $0.78 | $0.67 | $0.57 | $0.60 | $0.57 | $0.47 | $0.42 | $0.37 | $0.26 | $0.15 | $0.30 | $0.44 | $0.47 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.04% | 1.00% | 1.05% | 0.94% | 1.12% | 1.14% | 1.23% | 1.19% | 1.82% | 1.53% | 1.53% | 1.28% | 1.28% | 2.03% | 2.05% | 0.27% | 0.23% | 0.86% |
According to 1 Wall Street analysts, Hanmi Financial's projected average Quarter EPS for Mar 24 is $0.52, with a low estimate of $0.52 and a high estimate of $0.52. This represents a -15.71% decrease compared to HAFC previous annual EPS of $0.62 (Dec 23).
Hanmi Financial Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| RVSB | Riverview Bancorp | $4.87 | $8.00 | 64.27% | Buy |
| HTBK | Heritage Commerce | $10.84 | $12.50 | 15.31% | Buy |
| HOPE | Hope Bancorp | $13.66 | $15.00 | 9.81% | Hold |
| PCB | PCB Bancorp | $21.10 | $21.00 | -0.47% | Hold |
| OPBK | OP Bancorp | $16.67 | $16.50 | -1.02% | - |
| RBB | RBB Bancorp | $24.61 | $22.25 | -9.59% | Hold |
| FCCO | First Community | $24.44 | $21.00 | -14.08% | Buy |
| HAFC | Hanmi Financial | $25.26 | $21.17 | -16.19% | Buy |
| NBN | Northeast Bank | $102.24 | $80.00 | -21.75% | Buy |