Oppenheimer Holdings Inc. (OPY) is a Financials stock trading at $112.42 (as of 2026-08-20), with a market capitalization of $1.29B and a trailing P/E of 12.6. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.
Oppenheimer Holdings Inc., through its subsidiaries, operates as a middle-market investment bank and full-service broker-dealer in the Americas, Europe, the Middle East, and Asia. The company offers brokerage services covering exchange-traded and over-the-counter corporate equity and debt securities, money market instruments, exchange-traded options and futures contracts, municipal bonds, mutual funds, exchange-traded funds, and unit investment trusts; financial and wealth planning services; and margin lending services. It also provides asset management services, including separately managed accounts, mutual fund managed accounts, discretionary portfolio management programs, non-discretionary investment advisory and consultation services, alternative investments, portfolio enhancement programs, and institutional taxable fixed income portfolio management strategies and solutions, as well as taxable and non-taxable fixed income portfolios and strategies. In addition, the company offers investment banking services, such as strategic advisory services and capital markets products; merger and acquisition, equities capital market, and debt capital market products and services; and institutional equity sales and trading, equity research, equity derivatives and index options, convertible bonds, and trading services. Further, it provides institutional fixed income sales and trading, fixed income research, public finance, and municipal trading services; repurchase agreements and securities lending services; and proprietary trading and investment activities. Additionally, the company offers underwritings, market-making, trust, and discount services. It serves high-net-worth individuals and families, corporate executives, public and private businesses, institutions and corporations, governments, financial sponsors, and domestic and international investors. Oppenheimer Holdings Inc. was founded in 1881 and is headquartered in New York, New York.
Oppenheimer Holdings runs a middle-market investment bank and full-service broker-dealer, earning money from brokerage services (commissions and related income), investment banking and advisory fees, and wealth and asset management services that are tied to client assets and account balances.
The profit engine is the size of client assets and the level of client activity, which feed fee and commission streams (brokerage, advisory, and asset management), then flow into the company’s Wealth Management Revenue and Capital Markets Revenue.
| Wealth | $0.3B |
| CapMkts | $0.2B |
Business quality (Weak): In the latest quarter (ending 2026-03-31), revenue was about 0.4B, but operating margin was negative (-6.1), so the key question for investors is whether client asset levels and capital markets activity can translate into sustainable operating profitability.
Valuation: At 13× earnings, OPY trades 63% below the Trading average (34×). Note: one-time items can distort reported P/E.
| Price | $112.42 |
| Market Cap | $1.29B |
| P/E Ratio | 12.6 |
| EV / EBITDA | 8.3 |
| Price / Book | 1.30 |
| Price / Sales | 0.72 |
| FCF Yield | -0.7% |
| DCF Value (model) | $273.78 |
| DCF Upside vs Price | 143.5% |
| Revenue (TTM) | $1.64B |
| Net Margin | 9.1% |
| Revenue Growth (YoY) | 21.9% |
| EPS Growth (YoY) | 23.8% |
| FCF Growth (YoY) | -246.5% |
| Stock P/E | 12.6 |
| Sector P/E (Financials) | 15.1 |
| Industry P/E (Trading) | 34.6 |
| vs Sector | -17.1% |
| vs Industry | -63.7% |
| Top Institutional Holder | JB CAPITAL PARTNERS LP ($44.95M) |
| Institutional Holders Tracked | 10 |
| Sector | Financials |
| Industry | Trading |
| CEO | Robert Steven Lowenthal |
| Employees | 2,974 |
| Country | US |
| IPO Date | 1982-10-06 |
Data as of 2026-08-20.
Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.