OPY Stock Analysis: Oppenheimer Holdings | NYSE
Capital Markets | NYSE, USA | Market Cap: 1.286m USD | 12M Return: 70.6% | US6837971042 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 14.1M
EPS Trend: 90.6%
Rev. Trend: 98.5%
Warnings
No concerns identified
Tailwinds
Seasonality 11.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Oppenheimer Holdings Inc. is a middle-market investment bank and full-service broker-dealer headquartered in New York, New York, founded in 1881. Its operations span five primary business areas: brokerage services covering equities, fixed income, options, mutual funds, ETFs, and margin lending; asset management including separately managed accounts, discretionary programs, alternative investments, and fixed income portfolio strategies; investment banking with strategic advisory, M&A, equity and debt capital markets, and restructuring services; institutional sales and trading across equities, fixed income, convertibles, derivatives, and electronic trading; and additional offerings such as underwriting, market-making, custody, clearing, prime brokerage, proprietary trading, and a cloud-based financial market platform. The firm serves a broad client base including high-net-worth individuals, corporate executives, public and private businesses, institutions, governments, and financial sponsors.
As a member of the Investment Banking & Brokerage sub-industry within the Financials sector, Oppenheimer competes alongside larger universal banks and boutique advisory firms, relying on its middle-market positioning to deliver integrated capital markets and wealth management services. Its diversified revenue model-combining client commissions, advisory fees, asset-based management fees, trading income, and principal investment returns-is characteristic of full-service broker-dealers that operate across the retail, institutional, and corporate finance segments.
- Fed rate cuts compress net interest income on client cash balances
- Middle-market M&A advisory deal flow drives investment banking revenue
- Asset management AUM fees swing with equity market performance
| Net Income: 102.8m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.01 > 0.02 and ΔFCF/TA -1.30 > 1.0 |
| NWC/Revenue: 145.7% < 20% (prev 160.4%; Δ -14.63% < -1%) |
| CFO/TA -0.00 > 3% & CFO -18.2m > Net Income 102.8m |
| Net Debt (994.4m) to EBITDA (269.2m): 3.69 < 3 |
| Current Ratio: 4.58 > 1.5 & < 3 |
| Outstanding Shares: last quarter (11.5m) vs 12m ago 1.18% < -2% |
| Gross Margin: 80.21% > 18% (prev 33.52%; Δ 46.69% > 0.5%) |
| Asset Turnover: 45.39% > 50% (prev 40.40%; Δ 4.99% > 0%) |
| Interest Coverage Ratio: 2.78 > 6 (EBIT TTM 231.3m / Interest Expense TTM 83.2m) |
| A: 0.62 (Total Current Assets 3.35b - Total Current Liabilities 731.6m) / Total Assets 4.23b |
| B: 0.22 (Retained Earnings 950.1m / Total Assets 4.23b) |
| C: 0.06 (EBIT TTM 231.3m / Avg Total Assets 3.96b) |
| D: 0.30 (Book Value of Equity 983.4m / Total Liabilities 3.23b) |
| Altman-Z'' = 5.50 = AAA |
| DSRI: 0.94 (Receivables 1.93b/1.70b, Revenue 1.80b/1.49b) |
| GMI: 0.42 (GM 33.52% / 80.21%) |
| AQI: 1.13 (AQ_t 0.18 / AQ_t-1 0.16) |
| SGI: 1.21 (Revenue 1.80b / 1.49b) |
| TATA: 0.03 (NI 102.8m - CFO -18.2m) / TA 4.23b) |
| Beneish M = -3.38 (Cap -4..+1) = AA |
As of October 08, 2026, the stock is trading at USD 118.22 with a total of 116,502 shares traded. Over the past week, the price has changed by +0.22%, over one month by -3.99%, over three months by +3.91% and over the past year by +70.56%.
Current recommended Stop Loss: 107.40 (which is 9.2% or 2.4 ATR below the current price).
Oppenheimer Holdings has no consensus analysts rating.
| Analysts Target Price | 37 | -68.7% |
P/E Trailing = 13.333
P/E Forward = 10.8108
P/S = 0.7497
P/B = 1.256
P/EG = 12.0
Revenue TTM = 1.80b USD
EBIT TTM = 231.3m USD
EBITDA TTM = 269.2m USD
Long Term Debt = 750.5m USD (from longTermDebt, last quarter)
Short Term Debt = 1.36b USD (from shortTermDebt, last quarter)
Debt = 1.03b USD (from shortLongTermDebtTotal, last quarter) + Leases 141.2m
Net Debt = 994.4m USD (calculated: Debt 1.03b - CCE 38.5m)
Enterprise Value = 2.28b USD (1.29b + Debt 1.03b - CCE 38.5m)
Interest Coverage Ratio = 2.78 (Ebit TTM 231.3m / Interest Expense TTM 83.2m)
EV/FCF = -100.8x (Enterprise Value 2.28b / FCF TTM -22.6m)
FCF Yield = -0.99% (FCF TTM -22.6m / Enterprise Value 2.28b)
FCF Margin = -1.26% (FCF TTM -22.6m / Revenue TTM 1.80b)
Net Margin = 5.72% (Net Income TTM 102.8m / Revenue TTM 1.80b)
Gross Margin = 80.21% ((Revenue TTM 1.80b - Cost of Revenue TTM 355.6m) / Revenue TTM)
Gross Margin QoQ = 94.02% (prev 94.35%)
Tobins Q-Ratio = 0.54 (Enterprise Value 2.28b / Total Assets 4.23b)
Interest Expense / Debt = 8.06% (Interest Expense 83.2m / Debt 1.03b)
Taxrate = 31.75% (47.6m / 150.0m)
NOPAT = 157.8m (EBIT 231.3m * (1 - 31.75%))
Current Ratio = 4.58 (Total Current Assets 3.35b / Total Current Liabilities 731.6m)
Debt / Equity = 1.05 (Debt 1.03b / totalStockholderEquity, last quarter 983.4m)
Debt / EBITDA = 3.69 (Net Debt 994.4m / EBITDA 269.2m)
Debt / FCF = -43.95 (negative FCF - burning cash) (Net Debt 994.4m / FCF TTM -22.6m)
Total Stockholder Equity = 960.0m (last 4 quarters mean from totalStockholderEquity)
RoA = 2.60% (Net Income 102.8m / Total Assets 4.23b)
RoE = 10.71% (Net Income TTM 102.8m / Total Stockholder Equity 960.0m)
RoCE = 13.52% (EBIT 231.3m / Capital Employed (Equity 960.0m + L.T.Debt 750.5m))
RoIC = 3.27% (NOPAT 157.8m / Invested Capital 4.82b)
WACC = 7.36% (E(1.29b)/V(2.32b) * Re(8.85%) + D(1.03b)/V(2.32b) * Rd(8.06%) * (1-Tc(0.32)))
Discount Rate = 8.85% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 14.36 | Cagr: 1.92%
[DCF] Fair Price = unknown (Cash Flow -22.6m)
EPS Correlation: 90.59 | EPS CAGR: 52.40% | SUE: N/A | # QB: 0
Revenue Correlation: 98.55 | Revenue CAGR: 14.44% | SUE: N/A | # QB: 0