Media coverage about Oppenheimer (NYSE:OPY) has trended somewhat positive recently, according to InfoTrie. The research group identifies positive and negative press coverage by reviewing more than 6,000 news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Oppenheimer earned a coverage optimism score of 1.60 on their scale. InfoTrie also assigned news coverage about the financial services provider an news buzz score of 8 out of 10, indicating that recent press coverage is very likely to have an effect on the company’s share price in the immediate future.
Separately, ValuEngine downgraded Oppenheimer from a “buy” rating to a “hold” rating in a research report on Tuesday, September 4th.
NYSE OPY opened at $30.77 on Friday. The company has a market capitalization of $412.09 million, a PE ratio of 10.31 and a beta of 1.40. Oppenheimer has a 1-year low of $23.30 and a 1-year high of $34.15. The company has a current ratio of 1.27, a quick ratio of 0.71 and a debt-to-equity ratio of 0.37.
The company also recently announced a quarterly dividend, which will be paid on Friday, November 23rd. Stockholders of record on Friday, November 9th will be given a $0.11 dividend. The ex-dividend date is Thursday, November 8th. This represents a $0.44 annualized dividend and a dividend yield of 1.43%.
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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.
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