Oppenheimer Holdings
Market Cap
US$404.5m
Last Updated
2021/01/23 23:42 UTC
Data Sources
Company Financials
Executive Summary
Oppenheimer Holdings Inc., through its subsidiaries, operates as a middle-market investment bank and full-service broker-dealer in the Americas, Europe, the Middle East, and Asia. More Details
Rewards
Risk Analysis
Snowflake Analysis
Proven track record average dividend payer.
Similar Companies
Share Price & News
How has Oppenheimer Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: OPY is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: OPY's weekly volatility (4%) has been stable over the past year.
Market Performance
7 Day Return
-0.6%
OPY
-0.2%
US Capital Markets
2.3%
US Market
1 Year Return
22.3%
OPY
16.9%
US Capital Markets
23.8%
US Market
Return vs Industry: OPY exceeded the US Capital Markets industry which returned 16.8% over the past year.
Return vs Market: OPY underperformed the US Market which returned 23.7% over the past year.
Shareholder returns
| OPY | Industry | Market | |
|---|---|---|---|
| 7 Day | -0.6% | -0.2% | 2.3% |
| 30 Day | 2.1% | 5.7% | 4.8% |
| 90 Day | 23.0% | 20.9% | 14.5% |
| 1 Year | 28.7%22.3% | 19.8%16.9% | 26.6%23.8% |
| 3 Year | 24.1%14.2% | 28.0%18.2% | 45.0%35.4% |
| 5 Year | 142.5%111.2% | 139.6%109.8% | 126.2%101.0% |
Long-Term Price Volatility Vs. Market
How volatile is Oppenheimer Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 days ago | Simply Wall St
Is Oppenheimer Holdings Inc. (NYSE:OPY) Popular Amongst Insiders?3 weeks ago | Simply Wall St
Oppenheimer Holdings (NYSE:OPY) Has Gifted Shareholders With A Fantastic 120% Total Return On Their Investment1 month ago | Simply Wall St
Key Things To Understand About Oppenheimer Holdings' (NYSE:OPY) CEO Pay ChequeValuation
Is Oppenheimer Holdings undervalued compared to its fair value and its price relative to the market?
6.19x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: OPY ($32.38) is trading above our estimate of fair value ($31.08)
Significantly Below Fair Value: OPY is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: OPY is good value based on its PE Ratio (6.2x) compared to the US Capital Markets industry average (27.2x).
PE vs Market: OPY is good value based on its PE Ratio (6.2x) compared to the US market (21.3x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate OPY's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: OPY is good value based on its PB Ratio (0.7x) compared to the US Capital Markets industry average (5.1x).
Next Steps
Future Growth
How is Oppenheimer Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
12.1%
Forecasted Diversified Financials industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Oppenheimer Holdings has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Next Steps
- Examine whether Oppenheimer Holdings is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Oppenheimer Holdings competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Diversified Financials industry.
Past Performance
How has Oppenheimer Holdings performed over the past 5 years?
57.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: OPY has a high level of non-cash earnings.
Growing Profit Margin: OPY's current net profit margins (6.3%) are higher than last year (3.9%).
Past Earnings Growth Analysis
Earnings Trend: OPY's earnings have grown significantly by 57.4% per year over the past 5 years.
Accelerating Growth: OPY's earnings growth over the past year (85%) exceeds its 5-year average (57.4% per year).
Earnings vs Industry: OPY earnings growth over the past year (85%) exceeded the Capital Markets industry 4.9%.
Return on Equity
High ROE: OPY's Return on Equity (10.8%) is considered low.
Next Steps
Financial Health
How is Oppenheimer Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: OPY's short term assets ($2.1B) exceed its short term liabilities ($1.7B).
Long Term Liabilities: OPY's short term assets ($2.1B) exceed its long term liabilities ($341.3M).
Debt to Equity History and Analysis
Debt Level: OPY's debt to equity ratio (86.8%) is considered high.
Reducing Debt: OPY's debt to equity ratio has reduced from 150% to 86.8% over the past 5 years.
Debt Coverage: OPY's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if OPY's interest payments on its debt are well covered by EBIT.
Balance Sheet
Next Steps
Dividend
What is Oppenheimer Holdings's current dividend yield, its reliability and sustainability?
1.48%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: OPY's dividend (1.48%) is higher than the bottom 25% of dividend payers in the US market (1.38%).
High Dividend: OPY's dividend (1.48%) is low compared to the top 25% of dividend payers in the US market (3.85%).
Stability and Growth of Payments
Stable Dividend: OPY's dividends per share have been stable in the past 10 years.
Growing Dividend: OPY's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (9.2%), OPY's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
4.6yrs
Average management tenure
CEO
Bud Lowenthal (74 yo)
36yrs
Tenure
US$5,861,687
Compensation
Mr. Albert Grinsfelder Lowenthal, also known as Bud, is the Chairman at Oppenheimer Investment Management LLC. He has been Chairman of the Board and Chief Executive Officer of Oppenheimer Holdings Inc. sin...
CEO Compensation Analysis
Compensation vs Market: Bud's total compensation ($USD5.86M) is above average for companies of similar size in the US market ($USD1.64M).
Compensation vs Earnings: Bud's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 36yrs | US$5.86m | 26.54% $ 107.4m | |
| Executive VP & CFO | 9.67yrs | US$1.40m | 0.57% $ 2.3m | |
| Senior MD & Global Head of Fixed Income | 3yrs | US$1.75m | no data | |
| President of Oppenheimer Asset Management Inc | no data | US$1.45m | no data | |
| Executive VP & COO | 6.75yrs | no data | no data | |
| Executive VP | no data | US$896.93k | 0.42% $ 1.7m | |
| MD & Chief Compliance Officer | 4.58yrs | no data | no data | |
| MD of Global Technology | 2.75yrs | no data | no data | |
| MD, Chief Executive & Head of Investment Banking for EMEA | no data | no data | no data | |
| MD & Head of Technology in North America | no data | no data | no data | |
| Managing Director of Internet & Digital Media | no data | no data | no data | |
| Executive Vice President of the Private Client Division | 1.92yrs | no data | no data |
4.6yrs
Average Tenure
61yo
Average Age
Experienced Management: OPY's management team is considered experienced (4.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 36yrs | US$5.86m | 26.54% $ 107.4m | |
| Independent Director | 42yrs | US$211.01k | 0.11% $ 458.2k | |
| Independent Director | 2.5yrs | US$209.79k | 0.0050% $ 20.2k | |
| Independent Director | 4.67yrs | US$166.72k | 0.036% $ 145.7k | |
| Independent Director | 12.67yrs | US$219.01k | 0.19% $ 756.1k | |
| Inside Director | 7.67yrs | US$4.07m | 0.48% $ 2.0m | |
| Independent Director | 4.67yrs | US$184.72k | 0.068% $ 275.2k | |
| Lead Independent Director | no data | US$243.51k | 0.068% $ 275.2k | |
| Independent Director | 2.67yrs | US$120.79k | 0.0050% $ 20.2k |
6.2yrs
Average Tenure
63yo
Average Age
Experienced Board: OPY's board of directors are considered experienced (6.2 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Oppenheimer Holdings Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Oppenheimer Holdings Inc.
- Ticker: OPY
- Exchange: NYSE
- Founded: 1881
- Industry: Investment Banking and Brokerage
- Sector: Diversified Financials
- Market Cap: US$404.539m
- Shares outstanding: 12.49m
- Website: https://www.oppenheimer.com
Number of Employees
Location
- Oppenheimer Holdings Inc.
- 85 Broad Street
- New York
- New York
- 10004
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| OPY | NYSE (New York Stock Exchange) | Yes | Class A Non-Voting Shares | US | USD | Jan 1975 |
Biography
Oppenheimer Holdings Inc., through its subsidiaries, operates as a middle-market investment bank and full-service broker-dealer in the Americas, Europe, the Middle East, and Asia. The company offers broker...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/23 23:42 |
| End of Day Share Price | 2021/01/22 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.