How to Buy Oppenheimer Holdings Stock
Oppenheimer Holdings Inc
Oppenheimer Holdings is a capital market company located in New York, United States, which is part of the Financial Services sector, and is traded under the ticker OPY on the NYSE exchange.
Oppenheimer Holdings stock last closed at $38.31, up 1.94% from the previous day, and has increased 22.08% in one year. It has overperformed other stocks in the Capital Markets industry by 0.1 percentage points. Oppenheimer Holdings stock is currently +34.85% from its 52-week low of $28.41, and -22.32% from its 52-week high of $49.32.
At the moment, there are 10.55M shares of OPY outstanding. The market capitalization of OPY is $404.23M. In the last 24 hours, 55,531 OPY shares were traded.
How to Buy Oppenheimer Holdings Stock
Not sure how to invest in Oppenheimer Holdings stock? Here's how.
- Choose where to buy Oppenheimer Holdings stock: You need to pick a stock brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you decide where to buy Oppenheimer Holdings stock.
- Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Deposit funds into your investment account: Select your payment method and add your info.
- Research Oppenheimer Holdings stock: The Oppenheimer Holdings ticker symbol is OPY. Is Oppenheimer Holdings stock a good investment? Should you buy shares of OPY? How do OPY's underlying business fundamentals look? Do top analysts think Oppenheimer Holdings is a good buy? Why has OPY's stock price moved recently? (Hint: Our stock market analysis website can help you evaluate if OPY is a good stock to buy).
- Place your OPY purchase: Decide if you will purchase OPY shares at the current market price or use a limit order to purchase OPY stock at a given price.
- Monitor your investment in OPY: Create a watchlist to get live updates on your investment in Oppenheimer Holdings stock.
Step 1: Choose where to buy Oppenheimer Holdings stock
You need a brokerage account in order to access the NYSE market and buy OPY stock.
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Open eToro AccountStep 2: Create a brokerage account
Now that you've picked the right brokerage, it's time to fill out some personal details so you can buy OPY stock today.
How to Start a New Account on eToro
- Click here to get started.
- Input your personal details to open a new brokerage account.
- Submit your information by clicking the "Create Account" button.
Step 3: Deposit funds into your investment account
Now that you've opened your account on the highest rated app to buy and sell stocks, you need to deposit funds:
Check out this video walkthrough for more details depositing funds into your new brokerage account.
Step 4: Research Oppenheimer Holdings stock
Once you have figured out the best place to buy Oppenheimer Holdings stock, it's critical to research their stock before you invest, so you actually understand the risk and upside.
Oppenheimer Holdings shares at a glance
OPY Fundamentals
WallStreetZen was built to help average investors do more accurate fundamental analysis in less time.
You can see all of the due diligence checks on OPY's stock page.
Is OPY stock properly valued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge OPY's fair value.
Using relative valuations ratios:
- OPY could be overvalued based on its P/E ratio of 13.68x, relative to Capital Markets industry P/E ratio of 13.55x
- OPY may be undervalued based on its P/B ratio of 0.51x, relative to Capital Markets industry P/B ratio of 1.53x
You can access more valuation analysis on OPY's stock here.
A look at OPY Cashflows and Balance Sheet
Passed Financial Due Diligence Checks:
- Total OPY debt is lower than 5 years ago, relative to shareholder equity.
Failed Financial Due Diligence Checks:
- OPY has a relatively high debt to equity ratio of 2.89.
- OPY earnings of $93.38M is not enough to cover its interest payments.
- OPY profit margin has gone down from 8% to 2.6% in the past year.
- OPY's operating cash flow of $145.05M allows it to safely service it's debt of $1.12B.
Metrics for Advanced OPY Traders
How are OPY Revenues/Earnings doing?
Last year, OPY earnings were $32.15M. During the past 5 year, OPY's earnings have grown by -3.64% per year. This was slower than the Capital Markets industry average of 19.22%.
Last year, OPY revenue was $1.24B. Over the last five year, OPY's revenue has increased by 5% per year. This was slower than the Capital Markets industry average of 16.68%.
You can analyze OPY's earnings and revenue performance here.
Who is buying/selling OPY?
Over the last 12 months, executives and large shareholders at OPY have sold more shares than they have bought.
Evan Behrens, Director of OPY, was the latest OPY insider to sell. They sold $192,150.00 worth of OPY stock on Sep 1, 2023.
Learn more about who owns OPY stock here.
Can I rely on OPY as an income stream?
Oppenheimer Holdings pays a dividend of 1.96%, compared to the Capital Markets industry's average dividend yield of 3.32%. If you owned $1,000 worth of OPY stock, you would have received $19.58 in the past year.
Oppenheimer Holdings dividend payments have consistently grown over the past decade but have not remained stable.
Get more info about Oppenheimer Holdings dividend yield and history here.
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Step 5: Place your OPY purchase
There are two main options:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are mostly fine for most investors. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a particular dollar amount, use a limit order.
Hit the Open button and your broker will place your order.
If you require more help investing in stocks on eToro, watch the helpful video below:
Step 6: Monitor your investment in OPY
Now that you own some shares in OPY, you'll want to stay up-to-date on your new shares.
Make a watchlist to track the latest developments regarding your OPY stock.
OPY Feed
How to Buy Stock in Oppenheimer Holdings
To reiterate, here are the 6 steps you need to take to buy Oppenheimer Holdings stock right now:
- Choose where to buy Oppenheimer Holdings stock
- Create a brokerage account
- Deposit funds into your investment account
- Research Oppenheimer Holdings stock
- Place your OPY purchase
- Monitor your investment in OPY
If you are looking for a brokerage account, eToro is our favorite venue.
Get Started with eToro TodayIf you want to get notifications regarding your investment in Oppenheimer Holdings, create a watchlist today.
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