FY2025 EPS Estimates for Origin Bancorp Lifted by Analyst

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

OBK has been the subject of a number of other reports. Keefe, Bruyette & Woods restated an “outperform” rating and issued a $45.00 price objective (up from $42.00) on shares of Origin Bancorp in a research note on Wednesday. Piper Sandler boosted their target price on shares of Origin Bancorp from $35.00 to $42.00 and gave the stock a “neutral” rating in a research report on Friday, January 24th. Raymond James reaffirmed a “strong-buy” rating and issued a $44.00 price target (up from $40.00) on shares of Origin Bancorp in a research report on Friday, January 24th. Finally, Stephens reissued an “overweight” rating and set a $42.00 price objective on shares of Origin Bancorp in a research report on Thursday, January 23rd. One investment analyst has rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of $43.40.

Origin Bancorp Stock Down 1.0 %

OBK opened at $38.01 on Thursday. Origin Bancorp has a twelve month low of $27.69 and a twelve month high of $39.48. 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 business has a 50 day moving average price of $34.83 and a 200 day moving average price of $33.43. The firm has a market cap of $1.18 billion, a P/E ratio of 15.45 and a beta of 1.00.

Hedge Funds Weigh In On Origin Bancorp

Large investors have recently added to or reduced their stakes in the company. Wellington Management Group LLP bought a new stake in Origin Bancorp in the third quarter valued at about $4,187,000. Tributary Capital Management LLC grew its stake in shares of Origin Bancorp by 31.8% in the 4th quarter. Tributary Capital Management LLC now owns 456,480 shares of the company’s stock valued at $15,196,000 after purchasing an additional 110,056 shares during the period. Dimensional Fund Advisors LP raised its holdings in shares of Origin Bancorp by 11.1% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,023,197 shares of the company’s stock worth $32,454,000 after buying an additional 102,159 shares in the last quarter. Royce & Associates LP lifted its position in shares of Origin Bancorp by 7.3% during the 3rd quarter. Royce & Associates LP now owns 961,892 shares of the company’s stock worth $30,934,000 after buying an additional 65,844 shares during the period. Finally, Millennium Management LLC boosted its stake in Origin Bancorp by 92.3% in the 2nd 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 in the last quarter. Institutional investors and hedge funds own 54.68% of the company’s stock.

Origin Bancorp Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, February 28th. Investors of record on Friday, February 14th will be given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 1.58%. The ex-dividend date of this dividend is Friday, February 14th. Origin Bancorp’s dividend payout ratio (DPR) is presently 24.39%.

About Origin Bancorp

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.