FY2025 EPS Forecast for Origin Bancorp Lifted by Analyst

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

A number of other analysts have also recently issued reports on the company. Piper Sandler raised Origin Bancorp from a “neutral” rating to an “overweight” rating in a research report on Thursday, April 24th. Raymond James Financial downgraded Origin Bancorp from a “strong-buy” rating to an “outperform” rating and cut their price target for the company from $44.00 to $39.00 in a report on Wednesday, April 2nd. Stephens reaffirmed an “overweight” rating and set a $45.00 price target on shares of Origin Bancorp in a report on Thursday, March 20th. Finally, Keefe, Bruyette & Woods cut their price target on Origin Bancorp from $44.00 to $41.00 and set an “outperform” rating for the company in a report on Monday, April 28th. Five investment analysts have rated the stock with a buy rating, According to MarketBeat, Origin Bancorp has an average rating of “Buy” and an average target price of $42.20.

Origin Bancorp Trading Up 1.3%

Shares of NASDAQ:OBK opened at $37.95 on Thursday. Origin Bancorp has a 52-week low of $28.80 and a 52-week high of $41.17. 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 company has a market capitalization of $1.18 billion, a P/E ratio of 15.43 and a beta of 0.83. The company has a 50-day simple moving average of $34.28 and a 200 day simple moving average of $34.79.

Origin Bancorp Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, May 30th. Stockholders of record on Thursday, May 15th were issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.58%. The ex-dividend date was Thursday, May 15th. Origin Bancorp’s dividend payout ratio is currently 24.59%.

Institutional Investors Weigh In On Origin Bancorp

Hedge funds and other institutional investors have recently modified their holdings of the company. Advisor Resource Council acquired a new stake in shares of Origin Bancorp during the first quarter worth $377,000. Franklin Resources Inc. increased its position in shares of Origin Bancorp by 26.7% in the fourth quarter. Franklin Resources Inc. now owns 90,341 shares of the company’s stock worth $3,007,000 after purchasing an additional 19,020 shares during the period. American Century Companies Inc. increased its position in shares of Origin Bancorp by 11.3% in the fourth quarter. American Century Companies Inc. now owns 600,925 shares of the company’s stock worth $20,005,000 after purchasing an additional 61,240 shares during the period. Bank of New York Mellon Corp increased its position in shares of Origin Bancorp by 156.7% in the fourth quarter. Bank of New York Mellon Corp now owns 319,919 shares of the company’s stock worth $10,650,000 after purchasing an additional 195,293 shares during the period. Finally, Price T Rowe Associates Inc. MD increased its position in shares of Origin Bancorp by 118.0% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 20,930 shares of the company’s stock worth $697,000 after purchasing an additional 11,328 shares during the period. Institutional investors and hedge funds own 54.68% of the company’s stock.

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.