Oppenheimer (OPY) Earning Favorable Press Coverage, Study Shows

News stories about Oppenheimer (NYSE:OPY) have been trending positive on Monday, according to InfoTrie. The research firm identifies positive and negative news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Oppenheimer earned a media sentiment score of 2.58 on their scale. InfoTrie also assigned media stories about the financial services provider an news buzz score of 3 out of 10, meaning that recent news coverage is unlikely to have an effect on the company’s share price in the near future.

Shares of Oppenheimer stock opened at $25.46 on Monday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.74 and a current ratio of 1.30. The firm has a market cap of $332.13 million, a price-to-earnings ratio of 9.26 and a beta of 1.14. Oppenheimer has a 1-year low of $23.51 and a 1-year high of $34.15.

Oppenheimer (NYSE:OPY) last announced its earnings results on Friday, February 1st. The financial services provider reported $0.59 earnings per share for the quarter, missing the consensus estimate of $0.73 by ($0.14). The business had revenue of $243.25 million for the quarter. Oppenheimer had a net margin of 3.02% and a return on equity of 7.06%.

In other Oppenheimer news, CEO Albert G. Lowenthal bought 1,007 shares of the business’s stock in a transaction on Friday, February 8th. The shares were purchased at an average price of $26.33 per share, with a total value of $26,514.31. The acquisition was disclosed in a legal filing with the SEC, which is available through this link. 25.67% of the stock is owned by insiders.

COPYRIGHT VIOLATION NOTICE: “Oppenheimer (OPY) Earning Favorable Press Coverage, Study Shows” was reported by Baseball Daily News and is the property of of Baseball Daily News. If you are reading this story on another site, it was illegally copied and reposted in violation of US and international copyright & trademark laws. The correct version of this story can be accessed at https://www.baseballdailydigest.com/news/2019/04/22/oppenheimer-opy-earning-favorable-press-coverage-study-shows.html.

About Oppenheimer

Oppenheimer Holdings Inc, through its subsidiaries, provides middle-market investment bank and full service broker-dealer products and services. The company offers full-service brokerage services covering exchange-traded and over-the-counter corporate equity and debt securities, money market instruments, exchange-traded options and futures contracts, municipal bonds, mutual funds, and unit investment trusts; financial and wealth planning services; and margin lending services.

Recommended Story: What is a stock buyback?

Insider Buying and Selling by Quarter for Oppenheimer (NYSE:OPY)

Receive News & Ratings for Oppenheimer Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Oppenheimer and related companies with MarketBeat.com's FREE daily email newsletter.