Hanmi Financial (HAFC) Stock Forecast, Price Target & Predictions
HAFC Stock Forecast
Hanmi Financial stock forecast is as follows: an average price target of $19.00 (represents a 0.37% upside from HAFC’s last price of $18.93) and a rating consensus of 'Hold', based on 2 wall street analysts offering a 1-year stock forecast.
HAFC Price Target
The average price target for Hanmi Financial (HAFC) is $19.00 based on 1-year price targets from 2 Wall Street analysts in the past 3 months, with a price target range of $21.00 to $17.00. This represents a potential 0.37% upside from HAFC's last price of $18.93.
HAFC Analyst Ratings
According to 2 Wall Street analysts, Hanmi Financial's rating consensus is 'Hold'. The analyst rating breakdown for HAFC stock is 0 'Strong Buy' (0.00%), 0 'Buy' (0.00%), 2 'Hold' (100.00%), 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 |
|---|---|---|---|---|---|---|
| Jul 24, 2024 | Gary Tenner | D.A. Davidson | $21.00 | $20.70 | 1.45% | 10.94% |
| Jul 12, 2024 | David Chiaverini | Wedbush | $17.00 | $17.40 | -2.30% | -10.20% |
| Apr 25, 2024 | Gary Tenner | D.A. Davidson | $18.00 | $15.67 | 14.87% | -4.91% |
The latest Hanmi Financial stock forecast, released on Jul 24, 2024 by Gary Tenner from D.A. Davidson, set a price target of $21.00, which represents a 1.45% increase from the stock price at the time of the forecast ($20.70), and a 10.94% increase from HAFC last price ($18.93).
Hanmi Financial Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 2 | 3 |
| Avg Price Target | - | $19.00 | $18.67 |
| Last Closing Price | $18.93 | $18.93 | $18.93 |
| Upside/Downside | -100.00% | 0.37% | -1.37% |
In the current month, the average price target of Hanmi Financial stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Hanmi Financial's last price of $18.93. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| 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 Wedbush on Jul 12, 2024. The company gave HAFC a "Neutral" rating, the same as its previous rate.
Hanmi Financial Financial Forecast
Hanmi Financial Revenue Forecast
| 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | $104.09M | $66.08M | $61.41M | $66.19M | $72.02M | $72.00M | - | $59.48M | $59.05M | $62.44M | $58.46M | $55.81M | $54.28M | $52.74M | $65.37M | $50.20M | $50.65M | $50.92M | $50.72M | $51.14M | $51.95M | $51.54M |
| Avg Forecast | $66.58M | $64.92M | $62.98M | $60.83M | $60.41M | $58.98M | $58.76M | $59.03M | $63.20M | $62.77M | $64.15M | $69.85M | $73.40M | $68.97M | $63.75M | $50.40M | $59.73M | $57.05M | $54.38M | $54.58M | $53.20M | $52.68M | $49.58M | $49.23M | $51.27M | $51.00M | $52.00M | $50.95M | $57.04M | $52.58M |
| High Forecast | $68.34M | $66.63M | $64.64M | $62.44M | $62.01M | $60.25M | $60.31M | $60.59M | $64.57M | $63.29M | $65.85M | $71.70M | $75.34M | $70.80M | $63.75M | $52.25M | $61.92M | $59.14M | $56.37M | $56.58M | $55.15M | $54.61M | $51.39M | $51.03M | $53.16M | $52.87M | $53.91M | $52.82M | $68.45M | $63.10M |
| Low Forecast | $65.24M | $63.62M | $61.72M | $59.61M | $59.21M | $58.16M | $57.58M | $57.85M | $62.17M | $62.10M | $62.87M | $68.45M | $71.93M | $67.60M | $63.75M | $49.31M | $58.44M | $55.82M | $53.20M | $53.40M | $52.05M | $51.55M | $48.51M | $48.16M | $50.17M | $49.90M | $50.88M | $49.85M | $45.63M | $42.06M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 9 | 10 | 16 | 9 | 10 | 8 | 8 | 11 | 8 | 18 | 11 |
| Surprise % | - | - | - | - | - | - | - | - | 1.65% | 1.05% | 0.96% | 0.95% | 0.98% | 1.04% | - | 1.18% | 0.99% | 1.09% | 1.08% | 1.02% | 1.02% | 1.00% | 1.32% | 1.02% | 0.99% | 1.00% | 0.98% | 1.00% | 0.91% | 0.98% |
Hanmi Financial's average Quarter revenue forecast for Mar 24 based on 1 analysts is $59.03M, with a low forecast of $57.85M, and a high forecast of $60.59M. 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 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 9 | 10 | 16 | 9 | 10 | 8 | 8 | 11 | 8 | 18 | 11 |
| EBITDA | - | - | - | - | - | - | - | - | - | $26.68M | $29.15M | $60.72M | $55.80M | $52.42M | - | $41.67M | $52.12M | $47.10M | $39.91M | $34.07M | $30.11M | $35.01M | $27.64M | $20.66M | $25.25M | $36.98M | $24.44M | $41.11M | $38.52M | $40.33M |
| Avg Forecast | $25.66M | $25.02M | $24.27M | $23.44M | $23.28M | $22.73M | $22.65M | $35.16M | $24.36M | $24.19M | $24.72M | $31.96M | $28.29M | $29.48M | $24.57M | $29.05M | $27.67M | $26.80M | $21.95M | $25.35M | $19.78M | $21.59M | $30.40M | $32.23M | $40.29M | $42.49M | $20.04M | $41.11M | $42.29M | $41.12M |
| High Forecast | $26.34M | $25.68M | $24.91M | $24.06M | $23.90M | $23.22M | $23.24M | $42.19M | $24.88M | $24.39M | $25.38M | $38.35M | $29.04M | $35.37M | $24.57M | $34.86M | $33.20M | $32.16M | $26.34M | $30.43M | $23.74M | $25.91M | $36.48M | $38.67M | $48.34M | $50.99M | $20.78M | $49.33M | $50.75M | $49.34M |
| Low Forecast | $25.15M | $24.52M | $23.79M | $22.97M | $22.82M | $22.41M | $22.19M | $28.12M | $23.96M | $23.93M | $24.23M | $25.57M | $27.72M | $23.58M | $24.57M | $23.24M | $22.13M | $21.44M | $17.56M | $20.28M | $15.83M | $17.27M | $24.32M | $25.78M | $32.23M | $33.99M | $19.61M | $32.89M | $33.84M | $32.89M |
| Surprise % | - | - | - | - | - | - | - | - | - | 1.10% | 1.18% | 1.90% | 1.97% | 1.78% | - | 1.43% | 1.88% | 1.76% | 1.82% | 1.34% | 1.52% | 1.62% | 0.91% | 0.64% | 0.63% | 0.87% | 1.22% | 1.00% | 0.91% | 0.98% |
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 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 9 | 10 | 16 | 9 | 10 | 8 | 8 | 11 | 8 | 18 | 11 |
| Net Income | - | - | - | - | - | - | - | - | $18.63M | $18.80M | $20.62M | $21.99M | $28.48M | $27.17M | - | $20.70M | $33.33M | $26.57M | $22.12M | $16.66M | $14.33M | $16.34M | $9.18M | $2.35M | $3.08M | $12.38M | $2.66M | $14.67M | $11.38M | $16.08M |
| Avg Forecast | $17.40M | $16.62M | $15.54M | $14.41M | $15.01M | $14.63M | $14.16M | $20.72M | $17.88M | $18.73M | $19.49M | $18.84M | $25.11M | $16.63M | $20.13M | $17.13M | $17.69M | $15.11M | $12.17M | $12.40M | $9.41M | $10.08M | $10.09M | $3.67M | $4.92M | $14.22M | $15.43M | $14.67M | $12.50M | $16.40M |
| High Forecast | $18.00M | $17.19M | $16.08M | $14.90M | $15.53M | $15.22M | $14.65M | $24.87M | $19.37M | $19.94M | $20.16M | $22.61M | $25.97M | $19.95M | $20.13M | $20.55M | $21.23M | $18.14M | $14.60M | $14.88M | $11.30M | $12.09M | $12.11M | $4.40M | $5.90M | $17.06M | $16.16M | $17.61M | $15.00M | $19.68M |
| Low Forecast | $16.95M | $16.19M | $15.14M | $14.03M | $14.62M | $14.03M | $13.79M | $16.58M | $16.39M | $17.83M | $18.98M | $15.07M | $24.46M | $13.30M | $20.13M | $13.70M | $14.15M | $12.09M | $9.73M | $9.92M | $7.53M | $8.06M | $8.07M | $2.93M | $3.94M | $11.38M | $15.00M | $11.74M | $10.00M | $13.12M |
| Surprise % | - | - | - | - | - | - | - | - | 1.04% | 1.00% | 1.06% | 1.17% | 1.13% | 1.63% | - | 1.21% | 1.88% | 1.76% | 1.82% | 1.34% | 1.52% | 1.62% | 0.91% | 0.64% | 0.63% | 0.87% | 0.17% | 1.00% | 0.91% | 0.98% |
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 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 9 | 10 | 16 | 9 | 10 | 8 | 8 | 11 | 8 | 18 | 11 |
| SG&A | - | - | - | - | - | - | - | - | - | $20.89M | $21.11M | $21.44M | $21.25M | $20.55M | - | $18.53M | $23.63M | $23.42M | $22.32M | $20.86M | $21.98M | $21.25M | $18.82M | $21.93M | $21.75M | $21.59M | $20.61M | $19.43M | $19.85M | $20.80M |
| Avg Forecast | $19.82M | $19.33M | $18.75M | $18.11M | $17.99M | $17.56M | $17.49M | $22.47M | $18.82M | $18.69M | $19.10M | $20.42M | $21.85M | $14.66M | $18.98M | $18.57M | $12.54M | $13.33M | $12.28M | $15.53M | $14.44M | $13.10M | $20.70M | $34.22M | $34.71M | $24.81M | $15.48M | $19.43M | $21.80M | $21.21M |
| High Forecast | $20.35M | $19.84M | $19.25M | $18.59M | $18.46M | $17.94M | $17.96M | $26.96M | $19.22M | $18.84M | $19.60M | $24.51M | $22.43M | $17.59M | $18.98M | $22.28M | $15.05M | $15.99M | $14.73M | $18.63M | $17.33M | $15.72M | $24.84M | $41.06M | $41.65M | $29.77M | $16.05M | $23.31M | $26.16M | $25.45M |
| Low Forecast | $19.43M | $18.94M | $18.38M | $17.75M | $17.63M | $17.32M | $17.14M | $17.97M | $18.51M | $18.49M | $18.72M | $16.34M | $21.42M | $11.73M | $18.98M | $14.85M | $10.03M | $10.66M | $9.82M | $12.42M | $11.55M | $10.48M | $16.56M | $27.37M | $27.77M | $19.85M | $15.15M | $15.54M | $17.44M | $16.97M |
| Surprise % | - | - | - | - | - | - | - | - | - | 1.12% | 1.11% | 1.05% | 0.97% | 1.40% | - | 1.00% | 1.88% | 1.76% | 1.82% | 1.34% | 1.52% | 1.62% | 0.91% | 0.64% | 0.63% | 0.87% | 1.33% | 1.00% | 0.91% | 0.98% |
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 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 4 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 9 | 10 | 16 | 9 | 10 | 8 | 8 | 11 | 8 | 18 | 11 |
| EPS | - | - | - | - | - | - | - | - | $0.62 | $0.62 | $0.68 | $0.72 | $0.93 | $0.89 | - | $0.68 | $1.10 | $0.87 | $0.72 | $0.54 | $0.47 | $0.53 | $0.30 | $0.08 | $0.10 | $0.40 | $0.09 | $0.48 | $0.37 | $0.50 |
| Avg Forecast | $0.58 | $0.55 | $0.52 | $0.48 | $0.50 | $0.49 | $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 | $0.51 | $0.48 | $0.56 | $0.52 |
| High Forecast | $0.60 | $0.57 | $0.53 | $0.49 | $0.52 | $0.51 | $0.49 | $0.54 | $0.64 | $0.66 | $0.67 | $0.79 | $0.86 | $0.81 | $0.67 | $0.60 | $0.63 | $0.60 | $0.49 | $0.44 | $0.39 | $0.27 | $0.15 | $0.31 | $0.46 | $0.49 | $0.53 | $0.50 | $0.67 | $0.62 |
| Low Forecast | $0.56 | $0.54 | $0.50 | $0.47 | $0.49 | $0.47 | $0.46 | $0.51 | $0.54 | $0.59 | $0.63 | $0.74 | $0.81 | $0.76 | $0.67 | $0.56 | $0.59 | $0.55 | $0.46 | $0.41 | $0.36 | $0.25 | $0.14 | $0.29 | $0.42 | $0.45 | $0.50 | $0.46 | $0.45 | $0.42 |
| Surprise % | - | - | - | - | - | - | - | - | 1.04% | 1.00% | 1.05% | 0.94% | 1.12% | 1.14% | - | 1.19% | 1.82% | 1.53% | 1.53% | 1.28% | 1.28% | 2.03% | 2.05% | 0.27% | 0.23% | 0.86% | 0.18% | 1.01% | 0.66% | 0.96% |
According to 1 Wall Street analysts, Hanmi Financial's projected average Quarter EPS for Mar 24 is $0.52, with a low estimate of $0.51 and a high estimate of $0.54. 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 | $4.52 | $8.00 | 76.99% | Buy |
| HTBK | Heritage Commerce | $9.95 | $12.50 | 25.63% | Buy |
| HOPE | Hope Bancorp | $12.42 | $15.00 | 20.77% | Hold |
| NBN | Northeast Bank | $69.53 | $80.00 | 15.06% | Buy |
| HAFC | Hanmi Financial | $18.93 | $19.00 | 0.37% | Hold |
| RBB | RBB Bancorp | $22.90 | $22.25 | -2.84% | Hold |
| FCCO | First Community | $21.94 | $21.00 | -4.28% | Buy |
| PCB | PCB Bancorp | $18.69 | $17.00 | -9.04% | Hold |
HAFC Forecast FAQ
Is Hanmi Financial a good buy?
No, according to 2 Wall Street analysts, Hanmi Financial (HAFC) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 0 'Buy' recommendations, accounting for 0% of HAFC's total ratings.
What is HAFC's price target?
Hanmi Financial (HAFC) average price target is $19 with a range of $17 to $21, implying a 0.37% from its last price of $18.93. The data is based on 2 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Hanmi Financial stock go up soon?
According to Wall Street analysts' prediction for HAFC stock, the company can go up by 0.37% (from the last price of $18.93 to the average price target of $19), up by 10.94% based on the highest stock price target, and down by -10.20% based on the lowest stock price target.
Can Hanmi Financial stock reach $30?
HAFC's average twelve months analyst stock price target of $19 does not support the claim that Hanmi Financial can reach $30 in the near future.
What are Hanmi Financial's analysts' financial forecasts?
Hanmi Financial's analysts financial forecasts for the fiscal year (Dec 2024) are as follows: average revenue is $237.18M (high $243.16M, low $232.79M), average EBITDA is $103.82M (high $112.55M, low $95.55M), average net income is $64.52M (high $70.27M, low $59.02M), average SG&A $75.51M (high $81.32M, low $70.06M), and average EPS is $1.98 (high $2.05, low $1.92). HAFC's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $255.3M (high $262.05M, low $250.19M), average EBITDA is $98.39M (high $100.99M, low $96.42M), average net income is $63.97M (high $66.17M, low $62.3M), average SG&A $76.01M (high $78.02M, low $74.49M), and average EPS is $2.12 (high $2.2, low $2.07).
Did the HAFC's actual financial results beat the analysts' financial forecasts?
Based on Hanmi Financial's last annual report (Dec 2023), the company's revenue was $399.39M, beating the average analysts forecast of $259.98M by 53.62%. Apple's EBITDA was $15.37M, missing the average prediction of $105.23M by -85.39%. The company's net income was $80.04M, beating the average estimation of $74.94M by 6.81%. Apple's SG&A was $9.36M, missing the average forecast of $77.03M by -87.85%. Lastly, the company's EPS was $2.64, beating the average prediction of $2.62 by 0.57%. In terms of the last quarterly report (Dec 2023), Hanmi Financial's revenue was $104.09M, beating the average analysts' forecast of $63.2M by 64.70%. The company's EBITDA was $0, missing the average prediction of $24.36M by -100.00%. Hanmi Financial's net income was $18.63M, beating the average estimation of $17.88M by 4.22%. The company's SG&A was $0, missing the average forecast of $18.82M by -100.00%. Lastly, the company's EPS was $0.62, beating the average prediction of $0.593 by 4.49%