Oppenheimer Holdings Inc., through its subsidiaries, provides middle-market investment bank and full service broker-dealer products and services.
Solid track record average dividend payer.
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's share price has been volatile over the past 3 months.
7 Day Return
US Capital Markets
1 Year Return
US Capital Markets
Return vs Industry: OPY underperformed the US Capital Markets industry which returned -12.5% over the past year.
Return vs Market: OPY underperformed the US Market which returned -10.7% over the past year.
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
1 week ago | Simply Wall StDo Insiders Own Lots Of Shares In Oppenheimer Holdings Inc. (NYSE:OPY)?
3 weeks ago | Simply Wall StDid Oppenheimer Holdings's (NYSE:OPY) Share Price Deserve to Gain 26%?
1 month ago | Simply Wall StIs Now The Time To Put Oppenheimer Holdings (NYSE:OPY) On Your Watchlist?
Is Oppenheimer Holdings undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: OPY ($19.68) is trading above our estimate of fair value ($18.17)
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 (4.8x) compared to the Capital Markets industry average (32.9x).
PE vs Market: OPY is good value based on its PE Ratio (4.8x) compared to the US market (13.1x).
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 (0.4x) compared to the US Capital Markets industry average (7.9x).
How is Oppenheimer Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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.
- 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.
How has Oppenheimer Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: OPY has high quality earnings.
Growing Profit Margin: OPY's current net profit margins (5.4%) are higher than last year (3.2%).
Past Earnings Growth Analysis
Earnings Trend: OPY's earnings have grown significantly by 52.4% per year over the past 5 years.
Accelerating Growth: OPY's earnings growth over the past year (83.3%) exceeds its 5-year average (52.4% per year).
Earnings vs Industry: OPY earnings growth over the past year (83.3%) exceeded the Capital Markets industry 9.7%.
Return on Equity
High ROE: OPY's Return on Equity (8.9%) is considered low.
How is Oppenheimer Holdings's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Inventory Level: OPY has a low level of unsold assets or inventory.
Debt Coverage by Assets: OPY's debt is covered by short term assets (assets are 4.5x debt).
Financial Institutions Analysis
Asset Level: OPY's level of assets compared to its equity is low.
Allowance for Bad Loans: Insufficient data to determine if OPY has a sufficient allowance for bad loans.
Low Risk Liabilities: OPY reports no customer deposits, loans are made up entirely of externally borrowed funds.
Loan Level: Insufficient data to determine if OPY has an acceptable proportion of non-loan assets held.
Low Risk Deposits: OPY has advanced significantly more loans than the customer deposits it holds.
Level of Bad Loans: Insufficient data to determine if OPY has an appropriate level of bad loans.
What is Oppenheimer Holdings's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: OPY's dividend (2.44%) is higher than the bottom 25% of dividend payers in the US market (1.95%).
High Dividend: OPY's dividend (2.44%) is low compared to the top 25% of dividend payers in the US market (5.37%).
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 (11.2%), 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.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Bud Lowenthal (73yo)
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 ($USD1.48M).
Compensation vs Earnings: Bud's compensation has been consistent with company performance over the past year.
|Chairman & CEO||35.25yrs||US$5.86m||25.34% $57.0m|
|Executive VP & CFO||8.92yrs||US$1.40m||0.54% $1.2m|
|Senior MD & Global Head of Fixed Income||2.25yrs||US$1.75m||no data|
|President of Oppenheimer Asset Management Inc||no data||US$1.45m||no data|
|Executive VP & COO||6yrs||no data||no data|
|MD & Chief Compliance Officer||3.83yrs||no data||no data|
|MD of Global Technology||2yrs||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|
Experienced Management: OPY's management team is considered experienced (4.9 years average tenure).
|Chairman & CEO||35.25yrs||US$5.86m||25.34% $57.0m|
|Independent Director||41.25yrs||US$211.01k||0.11% $243.4k|
|Independent Director||3.92yrs||US$166.72k||0.034% $77.4k|
|Independent Director||11.92yrs||US$219.01k||0.18% $401.6k|
|Inside Director||6.92yrs||US$4.07m||0.46% $1.0m|
|Independent Director||3.92yrs||US$184.72k||0.065% $146.2k|
|Lead Independent Director||no data||US$243.51k||0.065% $146.2k|
|Independent Director||1.92yrs||US$120.79k||0.0048% $10.8k|
|Independent Director||1.75yrs||US$209.79k||no data|
Experienced Board: OPY's board of directors are considered experienced (5.4 years average tenure).
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.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Oppenheimer Holdings Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Oppenheimer Holdings Inc.
- Ticker: OPY
- Exchange: NYSE
- Founded: 1881
- Industry: Investment Banking and Brokerage
- Sector: Diversified Financials
- Market Cap: US$225.084m
- Shares outstanding: 13.09m
- Website: https://www.oppenheimer.com
Number of Employees
- Oppenheimer Holdings Inc.
- 85 Broad Street
- 22nd Floor
- New York
- New York
- United States
|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|
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. It also provides asset management services, including separately managed accounts, mutual fund managed accounts, discretionary portfolio management programs, fee-based non-discretionary investment advisory services, alternative investments, portfolio enhancement programs, investment advisory services, and institutional taxable fixed income portfolio management services, as well as taxable and non-taxable fixed income portfolios and strategies. In addition, the company offers investment banking services, such as strategic advisory services and capital markets products; merger and acquisition, equities capital market, and debt capital market products and services; and institutional equity sales and trading, equity research, equity derivatives and index options, convertible bonds, and event driven sales and trading services. Further, it provides institutional fixed income sales and trading, fixed income research, public finance, and municipal trading services; repurchase agreements and securities lending services; and proprietary trading and investment activities. Additionally, the company offers underwritings, market-making, trust, and discount services. It serves high-net-worth individuals and families, corporate executives, public and private businesses, institutions and investment advisers, financial sponsors, and domestic and international investors in the Americas, Europe, the Middle East, and Asia. The company was founded in 1881 and is headquartered in New York, New York.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/04 07:14|
|End of Day Share Price||2020/04/03 00:00|
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.