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Oppenheimer Holdings Inc - OPY STOCK NEWS

Welcome to our dedicated news page for Oppenheimer Holdings (Ticker: OPY), a resource for investors and traders seeking the latest updates and insights on Oppenheimer Holdings.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Oppenheimer Holdings's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Oppenheimer Holdings's position in the market.

Rhea-AI Summary
Oppenheimer & Co. Inc. appoints William Bird as Director of Equity Research, succeeding John Parks after 35 years of service. Bird brings over 30 years of experience as a top-performing analyst, portfolio manager, and management strategy consultant.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.38%
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management
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Rhea-AI Summary
Oppenheimer & Co. Inc. appoints Frank Sanchez Reed as Head of the Southwest Region in the Public Finance team, continuing its expansion efforts. Reed brings over 28 years of experience and will focus on large issuer coverage and strategy, particularly in California. His addition follows recent strategic hires in the public finance sector, showcasing Oppenheimer's commitment to growth and excellence in client service.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.02%
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management
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Rhea-AI Summary
Oppenheimer Holdings Inc. (OPY) announced a share repurchase program authorizing the purchase of up to 518,000 shares of the Company's Class A non-voting common stock, supplementing the existing program. The initiative represents approximately 5% of the currently issued shares and is expected to continue indefinitely. The purchases will be made in the open market using cash on hand, following applicable regulations. Oppenheimer Holdings Inc. is a well-established middle market investment bank and broker-dealer offering a diverse range of financial services.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.88%
Tags
buyback
Rhea-AI Summary
Oppenheimer & Co. Inc. announces its 34th Annual Healthcare Life Sciences Conference, bringing together over 140 leading companies and investors in the healthcare and life sciences sectors. The virtual event showcases breakthroughs and opportunities in the industry, with Oppenheimer's expertise in healthcare research and investment banking.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.01%
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none
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Rhea-AI Summary
Oppenheimer & Co. Inc. announced the appointment of Kristin Stephens and David Moffett as Managing Directors to head the Northeast and Southeast regions. The new hires bring over 20 years of experience in public finance and municipal capital markets. The recent recruitment of Stephens, Moffett, and other colleagues aims to strengthen Oppenheimer's Public Finance team, which currently includes approximately 25 professionals. The company's expansion in the public finance space is a strategic move following the 2020 acquisition of San Francisco-based Brandis Tallman.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.54%
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none
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Rhea-AI Summary
Oppenheimer Holdings Inc. reported net income of $11.1 million for Q4 2023, a decrease from $22.4 million in Q4 2022. Adjusted net income was $16.1 million, excluding $5.0 million of expense related to a regulatory settlement. Revenue for Q4 2023 was $308.3 million, a 1.7% decrease from Q4 2022. For the full year 2023, net income was $30.2 million compared to $32.4 million in 2022. Adjusted net income was $43.2 million, excluding $13.0 million of expense related to a regulatory settlement. Revenue for the full year 2023 was $1.2 billion, an increase of 12.4% from 2022.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.61%
Tags
Rhea-AI Summary
Oppenheimer & Co. Inc. has named Elizabeth Coolidge as Head of Public Finance, bolstering its team with the addition of Chicago-based colleagues Liberty Ziegahn and Madison Maher. This move reflects the firm's commitment to the public finance space, aiming to adapt to evolving issuer needs and strengthen its position as a leader in the municipal finance business.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.55%
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none
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Rhea-AI Summary
Oppenheimer & Co. Inc. (NYSE: OPY) announced the appointment of Richard Jasen as Head of Technology & Consumer Private Capital. With a vast experience of approximately 100 transactions representing over $7 billion in value, Jasen will be based out of Oppenheimer's San Francisco office and report to Robin Graham, Managing Director, Head of Technology Investment Banking.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.01%
Tags
management
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Rhea-AI Summary
Oppenheimer & Co. Inc. announces the recruitment of next-generation financial advisor Jon Sanders to their Private Client Division in Nashville. Sanders has over eight years of wealth management experience and will report to Phil Hall, Executive Director and Branch Manager. This recruitment highlights Oppenheimer's commitment to the Nashville region and their ongoing push to have a presence in one of the country's fastest-growing markets.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2%
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none
Rhea-AI Summary
Oppenheimer Holdings Inc. reports net income of $13.9 million for Q3 2023, a 206.7% increase compared to Q3 2022. Revenue increased by 6.3% to $312.7 million. Wealth Management business benefits from higher interest rates and increased market volumes. Capital Markets business generates strong results. Company completes share repurchase program.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.24%
Tags
Oppenheimer Holdings Inc

NYSE:OPY

OPY Rankings

OPY Stock Data

393.39M
5.95M
42.38%
34.2%
0.43%
Investment Banking and Securities Dealing
Finance and Insurance
Link
United States
New York

About OPY

with more than 3,500 investment professionals located throughout north america, the u.k., israel and asia, oppenheimer is one of the global leaders in the financial community. we provide the resources of a full-service global financial institution and the level of service normally associated with highly focused specialty firms, delivering knowledgeable sector specific, senior-level attention that leads to top quality advice and execution. we offer a broad range of financial services, including wealth management, investment banking and asset management to corporate clients, institutional investors, families and individuals. oppenheimer’s wealth management professionals provide private client services to high net worth individuals throughout the country. with a distribution network of approximately 1,400 financial advisors in over 90 branches, we are one of the largest independent u.s. investment banks on the basis of our number of registered representatives. our investment banking platf