Old Point Financial Stock Today

OPOF Stock  USD 20.78  0.36  1.76%   

Performance

4 of 100

 
Weak
 
Strong
Insignificant

Odds Of Distress

Less than 9

 
High
 
Low
Low
Old Point is trading at 20.78 as of the 22nd of November 2024. This is a 1.76% increase since the beginning of the trading day. The stock's lowest day price was 20.52. Old Point has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat insignificant performance during the last 90 days. Equity ratings for Old Point Financial are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 23rd of October 2024 and ending today, the 22nd of November 2024. Click here to learn more.
Business Domain
Banks
IPO Date
11th of January 1999
Category
Financial Services
Classification
Financials
Old Point Financial Corporation operates as the bank holding company for The Old Point National Bank of Phoebus that provides consumer, mortgage, and business banking services for individual and commercial customers in Virginia. The company was founded in 1922 and is headquartered in Hampton, Virginia. The company has 5.08 M outstanding shares of which 2.39 K shares are now shorted by private and institutional investors with about 0.99 trading days to cover. More on Old Point Financial

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Old Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEOEugene II
Business ConcentrationRegional Banks, Banks - Regional, Financial Services, Financials, Banks, Banks—Regional, Financial Services (View all Sectors)
Old Point can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Old Point's financial leverage. It provides some insight into what part of Old Point's total assets is financed by creditors.
Liquidity
Old Point Financial currently holds 102.75 M in liabilities with Debt to Equity (D/E) ratio of 8.63, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Note, when we think about Old Point's use of debt, we should always consider it together with its cash and equity.

Free Cash Flow

5.42 Million
Old Point Financial (OPOF) is traded on NASDAQ Exchange in USA. It is located in 101 East Queen Street, Hampton, VA, United States, 23669 and employs 291 people. Old Point is listed under Regional Banks category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 105.51 M. Old Point Financial conducts business under Banks sector and is part of Financials industry. The entity has 5.08 M outstanding shares of which 2.39 K shares are now shorted by private and institutional investors with about 0.99 trading days to cover. Old Point Financial currently holds about 86.82 M in cash with 11 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 17.31.
Check Old Point Probability Of Bankruptcy
Ownership Allocation
The market capitalization of Old Point Financial is $105.51 Million. Old Point has significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Note, that even with substantial debt, if the true value of the company is larger than the current market value, you may still be able to generate positive returns on investment in this company at some point.
Check Old Ownership Details

Old Stock Institutional Holders

InstituionRecorded OnShares
Hrt Financial Llc2024-06-30
18.5 K
Bridgeway Capital Management, Llc2024-06-30
17.5 K
Empowered Funds, Llc2024-06-30
17.5 K
Northern Trust Corp2024-09-30
12.9 K
Mill Capital Management, Llc2024-09-30
11.9 K
State Street Corp2024-06-30
10.2 K
Eastern Bank2024-09-30
2.9 K
Pnc Financial Services Group Inc2024-09-30
K
Sandy Spring Bank2024-06-30
562
Pl Capital Advisors, Llc2024-09-30
720.9 K
Fj Capital Management Llc2024-09-30
278.7 K
View Old Point Diagnostics

Old Point Historical Income Statement

At this time, Old Point's Total Operating Expenses is most likely to increase significantly in the upcoming years. The Old Point's current Total Other Income Expense Net is estimated to increase to about 9 M, while Selling General Administrative is projected to decrease to roughly 18.6 M. View More Fundamentals

Old Stock Against Markets

Old Point Corporate Executives

Elected by the shareholders, the Old Point's board of directors comprises two types of representatives: Old Point inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Old. The board's role is to monitor Old Point's management team and ensure that shareholders' interests are well served. Old Point's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Old Point's outside directors are responsible for providing unbiased perspectives on the board's policies.
When determining whether Old Point Financial is a strong investment it is important to analyze Old Point's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Old Point's future performance. For an informed investment choice regarding Old Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Old Point Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Old Point. If investors know Old will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Old Point listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.738
Dividend Share
0.56
Earnings Share
1.61
Revenue Per Share
11.771
Quarterly Revenue Growth
0.076
The market value of Old Point Financial is measured differently than its book value, which is the value of Old that is recorded on the company's balance sheet. Investors also form their own opinion of Old Point's value that differs from its market value or its book value, called intrinsic value, which is Old Point's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Old Point's market value can be influenced by many factors that don't directly affect Old Point's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Old Point's value and its price as these two are different measures arrived at by different means. Investors typically determine if Old Point is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Old Point's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.