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OPYOppenheimer Holdings Inc.
$123.13$1.3B
Overview & Tools
OverviewChart Terminal ↗Visualize
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
Financial Statements
Income StatementBalance SheetCash FlowRatios & Margins
Performance
P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
Discovery & Screens
Live BreakoutsStock ScreenerOwnership
OPY logo

Oppenheimer Holdings Inc.

OPY
NYSE · Capital Markets
$123.13
At close - Sep 8, 4:00 PM EDT - USD
Market Cap$1.31B
P/E9.4x
52W High$125.88
Volume97.5K
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q2

Fee-Driven Growth Offsets Provision Volatility Risks

Oppenheimer Holdings has demonstrated a robust recovery, with total revenue reaching $454.9M in Q2 2026, driven by a 85.9% fee income mix and a positive net interest margin of 1.0%. The firm's fortress balance sheet, evidenced by a 23.4% equity-to-assets ratio...

GrowthAccelerating
ProfitabilityModerate
ValuationAttractive
TechnicalsStrong
Explore valuation models
MARKET ACTION

OPY price & volume

Price trend, volume and key moving averages

Launch Terminal
Loading chart...
Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

0/12 Beats

EPS beat 0 of last 12 quarters

02

Valuation risk

-55% Peers

P/E is 55% below peer median

03

Market leadership

RS 87 · Leader

High momentum (Outperforming 87% of market)

04

Strong Uptrend

Strong Trend

Price > 20DMA > 50DMA > 200DMA

Next CatalystConfirmed earnings · Oct 30

Market performance

Price History →

Trailing total returns as of 9/8/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
OPY+70.31%
S&P 500 (^GSPC)+12.12%
1-Year Return
OPY+71.29%
S&P 500 (^GSPC)+18.05%
3-Year Return
OPY+233.53%
S&P 500 (^GSPC)+69.49%
5-Year Return
OPY+191.05%
S&P 500 (^GSPC)+76.93%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/EMedian
9.4x
Forward P/E
148.3x
EV/EBITDA100th %ile
4.7x
FCF YieldCash Flow
14.1%

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
9.4x
10.1x
40th· Fair
EV/EBITDA
4.7x
3.5x
100th· High
Price/FCF
7.1x
4.5x
67th· Fair
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
Bear$155.60+26.4%
Base (Fair)$180.69+47.0%
Bull$208.99+69.7%
$155.60 Bear$180.69 Base$208.99 Bull
Current Market Price: $123.13
Trades at a 31.9% discount to Base DCF ($180.69)
Open DCF & Valuation Models →Chart Terminal ↗

Growth & profitability

Annual revenue & EPS trend
Revenue
$1.55B+15.2% YoY
Net income
$148M+107.4% YoY
Free cash flow
$184M+262.0% YoY
Operating margin
22.4%+1.2 pts YoY
ROIC (TTM)17.4%
Avg ROIC 5Y-
ROE (TTM)16.1%
Piotroski Score7 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q3 2026Latest
Jul 31, 2026
$3.98
vs —
$455M
vs —
Q2 2026
May 1, 2026
$4.21
vs —
$445M
vs —
Q1 2026
Jan 30, 2026
$6.51
vs —
$473M
vs —
Q4 2025
Oct 31, 2025
$1.90
vs —
$424M
vs —
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

5 Stories
PRNewsWire·Aug 31, 2026
Oppenheimer Welcomes Joel Berry II and Expands North Carolina Private Client Team Focused on Advising Athletes

Addition Strengthens Robinson Private Client Group's Work with Athletes and Participants in the Evolving NIL Landscape NEW YORK, Aug. 31, 2026 /PRNewswire/ -- Oppenheimer & Co. Inc. ("Oppenheimer"), a leading wealth manager and investment bank and a subsidiary of Oppenheimer Holdings Inc. (NYSE: OPY), today announced that Joel Berry II has joined the firm as a Financial Advisor with the Robinson Private Client Group in Winston-Salem, North Carolina. Led by Tanner G.

PRNewsWire·Aug 24, 2026
Oppenheimer Hires Bruce Rideaux and Promotes Lauren Carter As Public Finance Business Continues to Expand

Senior Personnel Moves Strengthen Leadership and Add Specialized Capabilities in Key Areas of the Municipal Market Head of Public Finance Elizabeth (Beth) Coolidge Elected to MSRB Board, Underscoring Strength of Oppenheimer's Public Finance Franchise NEW YORK, Aug. 24, 2026 /PRNewswire/ -- Oppenheimer & Co. Inc. (Oppenheimer), a leading investment bank, wealth manager and subsidiary of Oppenheimer Holdings Inc. (NYSE: OPY), today announced the hiring of Bruce Rideaux as a Managing Director in Public Finance and the promotion of Lauren Carter to Head of Negotiated Underwriting, continuing the firm's expansion of its Public Finance and Municipal Capital Markets businesses. Rideaux, who is based in Dallas, brings 20 years of experience advising on large, complex project financings and public-private partnerships in Texas, with expertise in the transportation sector.

PRNewsWire·Aug 19, 2026
Oppenheimer Hosts Fifth Annual Next-Gen Peer-to-Peer Forum

Approximately 60 Financial Advisors Representing $7.2 Billion in Client Assets Gather in New York City Annual Program Reflects Oppenheimer's Continued Investment in the Development and Long-Term Success of Its Next Generation of Advisors NEW YORK, Aug. 19, 2026 /PRNewswire/ -- Oppenheimer & Co. Inc. (Oppenheimer), a leading investment bank, wealth manager and subsidiary of Oppenheimer Holdings Inc. (NYSE: OPY), recently hosted its fifth annual Next-Gen Peer-to-Peer Forum in New York City, bringing together approximately 60 Financial Advisors from across the country. Held at One World Trade Center overlooking Lower Manhattan, the program gave attendees an opportunity to exchange ideas, discuss common challenges and learn from one another.

Seeking Alpha·Aug 12, 2026
People Incorporated (PPLI) Presents at Oppenheimer 29th Annual Technology, Internet & Communications Conference Transcript

People Incorporated (PPLI) Presents at Oppenheimer 29th Annual Technology, Internet & Communications Conference Transcript

Filtered for Oppenheimer Holdings Inc.More Headlines
04

Compare before deciding

Benchmark OPY against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for Oppenheimer Holdings Inc. (OPY)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
OPY logoOPYOppenheimer Holdings Inc.Current
$123.13$1.31B9.4415.25%9.06%16.07%0.54%
SF logoSFStifel Financial Corp
$80.76$12.24B13.7311.67%14.28%16.07%—
PIPR logoPIPRPiper Sandler Companies
$77.34$5.51B19.5328.72%14.65%19.92%—
MC logoMCMoelis & Company
$68.77$5.09B23.3926.98%14.5%35.63%—
HLI logoHLIHoulihan Lokey, Inc.
$135.39$9.46B21.779.55%16.1%17.36%—
LAZ logoLAZLazard Inc
$44.05$4.29B20.303.36%6.89%23.85%—

Compare OPY vs Peers

Oppenheimer Holdings Inc. (OPY) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs SF

Most directly comparable listed peer for OPY.

Scale Benchmark

vs MS

Larger-name benchmark to compare OPY against a more recognizable public peer.

Peer Set

Compare Top 5

vs SF, PIPR, MC, HLI

05

Keep researching

Verify the primary filings, follow material updates, and answer the remaining questions.

OPY SEC Filings & Documents

Oppenheimer Holdings Inc. (OPY) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Aug 3, 2026·SEC

Material company update

Jul 31, 2026·SEC

Material company update

May 5, 2026·SEC

10-K Annual Reports

3
FY 2026

Feb 26, 2026·SEC

FY 2025

Feb 27, 2025·SEC

FY 2024

Mar 1, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

Jul 31, 2026·SEC

FY 2025

Oct 31, 2025·SEC

FY 2025

Aug 1, 2025·SEC

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OPY Frequently Asked Questions

Oppenheimer Holdings Inc. (OPY) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
How fast is Oppenheimer Holdings Inc. growing?

Oppenheimer Holdings Inc. (OPY) grew revenue by 15.2% over the past year. This is strong growth.

Is OPY profitable?

Yes, Oppenheimer Holdings Inc. (OPY) is profitable, generating $102.8M in net income for fiscal year 2025 (9.1% net margin).

Dividend & Returns
Does OPY pay dividends?

Yes, Oppenheimer Holdings Inc. (OPY) pays a dividend with a yield of 0.54%. This makes it attractive for income-focused investors.

What is OPY's return on equity?

Oppenheimer Holdings Inc. (OPY) has a return on equity (ROE) of 16.1%. This is reasonable for most industries.

Industry Metrics
What is Oppenheimer Holdings Inc.'s net interest margin?

Oppenheimer Holdings Inc. (OPY) has a net interest margin (NIM) of -2.4%. NIM has been under pressure due to interest rate environment.

What is Oppenheimer Holdings Inc.'s efficiency ratio?

Oppenheimer Holdings Inc. (OPY) has an efficiency ratio of 28.7%. This is excellent, indicating strong cost control.

What if you invested $1,000 in OPY back in 1996?

Total return calculator · dividends reinvested · 30+ years of data

See returns →