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Shareholders might have noticed that Origin Bancorp, Inc. (NYSE:OBK) filed its quarterly result this time last week. The early response was not positive, with shares down 4.2% to US$31.21 in the past week. It looks to have been a decent result overall - while revenue fell marginally short of analyst estimates at US$91m, statutory earnings beat expectations by a notable 15%, coming in at US$0.73 per share. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. With this in mind, we've gathered the latest statutory forecasts to see what the analysts are expecting for next year.
See our latest analysis for Origin Bancorp
After the latest results, the four analysts covering Origin Bancorp are now predicting revenues of US$383.0m in 2025. If met, this would reflect a decent 12% improvement in revenue compared to the last 12 months. Per-share earnings are expected to increase 6.4% to US$2.58. Before this earnings report, the analysts had been forecasting revenues of US$388.6m and earnings per share (EPS) of US$2.68 in 2025. So it looks like there's been a small decline in overall sentiment after the recent results - there's been no major change to revenue estimates, but the analysts did make a small dip in their earnings per share forecasts.
The consensus price target held steady at US$37.20, with the analysts seemingly voting that their lower forecast earnings are not expected to lead to a lower stock price in the foreseeable future. The consensus price target is just an average of individual analyst targets, so - it could be handy to see how wide the range of underlying estimates is. There are some variant perceptions on Origin Bancorp, with the most bullish analyst valuing it at US$41.00 and the most bearish at US$35.00 per share. With such a narrow range of valuations, the analysts apparently share similar views on what they think the business is worth.
Of course, another way to look at these forecasts is to place them into context against the industry itself. We would highlight that Origin Bancorp's revenue growth is expected to slow, with the forecast 9.1% annualised growth rate until the end of 2025 being well below the historical 13% p.a. growth over the last five years. By way of comparison, the other companies in this industry with analyst coverage are forecast to grow their revenue at 6.7% annually. Even after the forecast slowdown in growth, it seems obvious that Origin Bancorp is also expected to grow faster than the wider industry.