OPY
Financial ServicesOppenheimer Holdings Inc. · Financial - Capital Markets · $1B
What is Oppenheimer Holdings Inc.?
Oppenheimer Holdings is a middle-market investment bank and full-service broker-dealer headquartered in New York City. The firm serves clients across the Americas, Europe, the Middle East, and Asia through a broad range of financial services.
Oppenheimer generates revenue through three core channels: brokerage and wealth management, asset management, and investment banking. Its brokerage arm handles equities, fixed income, options, mutual funds, and ETFs for retail and institutional clients. Asset management offerings include separately managed accounts, discretionary portfolios, and alternative investments. The investment banking division advises on mergers and acquisitions, equity and debt capital markets, and public finance — serving middle-market companies that often fall below the radar of bulge-bracket banks.
Oppenheimer Holdings was founded in 1982 and is headquartered in New York City, New York.
- Full-service brokerage and wealth planning for retail and institutional clients
- Asset management including separately managed accounts and alternative investments
- Investment banking advisory for M&A and capital markets transactions
- Institutional equity and fixed income sales, trading, and research
- Municipal bond underwriting and public finance services
Is OPY a Good Stock to Buy?
UQS Score rates OPY as Below Average overall, reflecting meaningful headwinds across several key dimensions.
The Quality and Risk pillars both register as Good, suggesting Oppenheimer maintains a reasonably sound financial foundation and manages balance-sheet risk at a level appropriate for a regulated broker-dealer. The Valuation pillar also reads as Good, indicating the stock does not appear richly priced relative to its fundamentals.
The Moat and Growth pillars are both rated Weak — the firm faces intense competition in middle-market financial services and has not demonstrated a durable competitive edge or consistent expansion of its business.
See the exact pillar breakdown and full financial metrics by signing up for a UQS Pro account. Sign up free →
Past performance does not guarantee future results. UQS Score is based on fundamental data and is not a buy/sell recommendation.
Does OPY pay dividends?
Yes — Oppenheimer Holdings Inc. pays a dividend.
Oppenheimer Holdings pays a regular dividend, which is relatively uncommon among small-cap broker-dealers. The dividend reflects the firm's intent to return capital to shareholders alongside its core financial services operations. Investors seeking income from financial sector exposure may find OPY's dividend policy worth examining, though payout sustainability should be weighed against the firm's Weak Growth profile.
When does OPY report earnings?
Oppenheimer Holdings reports earnings on a quarterly cadence, typical for US-listed financial services companies.
Results tend to be sensitive to capital markets activity, interest rate conditions, and advisory deal flow — all of which can create meaningful quarter-to-quarter variability for a middle-market broker-dealer. The firm's diversified revenue mix across brokerage, asset management, and investment banking provides some buffer against single-segment weakness.
For the most recent quarter's results and upcoming reporting dates, visit Oppenheimer Holdings' investor relations page directly.
OPY Price History
+151.7% over 5Y
Monthly close, adjusted for stock splits and dividend reinvestment.
What if I invested in Oppenheimer Holdings Inc.?
Based on Oppenheimer Holdings Inc.'s historical closing prices, adjusted for stock splits and dividend reinvestment. Past performance does not guarantee future results. This is for informational purposes only and is not financial advice.
OPY Long-term Outlook
The UQS Growth pillar for OPY is rated Weak, pointing to limited near-term expansion momentum in the firm's core businesses. Middle-market investment banking activity remains cyclical, and Oppenheimer's ability to grow assets under management faces headwinds from larger, better-resourced competitors. The Good Risk rating provides some reassurance that downside scenarios are partially mitigated by the firm's regulatory standing and diversified revenue base.
Growth drivers
- Recovery in middle-market M&A and capital markets deal activity
- Potential growth in fee-based asset management and advisory mandates
- Wealth management client acquisition in underserved mid-tier segments
Key risks
- Weak Moat rating signals vulnerability to competition from larger banks and fintech platforms
- Revenue cyclicality tied to capital markets conditions and interest rate environment
- Limited pricing power in brokerage and advisory services amid industry fee compression
OPY vs Peers
OPY operates in a competitive financial services landscape; the following tickers appear alongside it in comparative screens on UQS Score.
Gold.com focuses on precious metals commerce rather than traditional financial advisory, representing a distinct business model from Oppenheimer's broker-dealer operations.
American Bitcoin Corp operates in digital asset mining, a high-volatility segment that contrasts sharply with Oppenheimer's regulated, diversified financial services model.
Bitfarms is a cryptocurrency mining company whose revenue drivers — crypto prices and energy costs — differ fundamentally from Oppenheimer's fee- and commission-based income streams.
Frequently Asked Questions
What does Oppenheimer Holdings do?
Oppenheimer Holdings is a middle-market investment bank and full-service broker-dealer. It provides brokerage, wealth management, asset management, and investment banking services to retail, high-net-worth, and institutional clients across multiple geographies including the Americas, Europe, the Middle East, and Asia.
Does OPY pay dividends?
Yes, Oppenheimer Holdings pays a regular dividend. This is relatively uncommon for small-cap broker-dealers and reflects the company's approach to returning capital to shareholders. Investors should review the firm's investor relations page for the current dividend rate and payment schedule.
When does OPY report earnings?
Oppenheimer Holdings reports earnings on a quarterly cadence, consistent with US-listed financial services companies. For the exact date of the next earnings release, check the company's investor relations page or a financial data provider.
Is OPY a good stock to buy?
UQS Score rates OPY as Below Average overall. While the Quality, Risk, and Valuation pillars are rated Good, the Moat and Growth pillars are both Weak. This profile suggests the stock may not be overpriced, but the business faces real structural challenges. The full pillar breakdown is available to UQS Pro members.
Is OPY overvalued?
The UQS Valuation pillar for OPY is rated Good, suggesting the stock is not trading at a significant premium relative to its fundamentals. However, valuation alone does not determine investment merit — the Weak Growth and Moat ratings are important context for any valuation assessment.
How does OPY compare to its competitors?
OPY competes in middle-market financial services, a space with intense rivalry from larger banks, independent advisory firms, and emerging fintech platforms. Its UQS Moat pillar is rated Weak, indicating limited differentiation. The tickers that appear alongside OPY in UQS screens — GOLD, ABTC, and BITF — operate in very different business models, making direct comparison limited.
What is OPY's market cap bracket?
Oppenheimer Holdings is classified as a small-cap company. Small-cap financial services firms like OPY can offer niche market exposure but typically carry higher liquidity risk and less analyst coverage than large- or mega-cap peers.
Who founded Oppenheimer Holdings?
Oppenheimer Holdings was founded in 1982. Detailed founding history, including key individuals involved, is publicly available through the company's official website and corporate filings.
Is OPY a long-term quality investment?
From a long-term quality perspective, OPY's UQS profile presents a mixed picture. The Good Quality and Risk ratings suggest financial stability, but the Weak Moat and Growth ratings raise questions about the firm's ability to compound value over time. Long-term quality indicators are best evaluated using the full UQS pillar breakdown available to Pro members.
What is the main competitive advantage of Oppenheimer Holdings?
Oppenheimer's focus on middle-market clients — companies and individuals often underserved by bulge-bracket institutions — provides a degree of niche positioning. However, the UQS Moat pillar rates this advantage as Weak, reflecting the competitive intensity and limited pricing power in the broker-dealer space.
What sector does OPY belong to?
OPY belongs to the Financial Services sector, specifically operating as a middle-market investment bank and full-service broker-dealer. Its revenue is tied to capital markets activity, wealth management fees, and advisory deal flow — making it sensitive to broader economic and interest rate cycles.
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Pro Analysis
OPY — Score History
| Date | UQS | Quality | Moat | Growth | Risk | Value | Change |
|---|---|---|---|---|---|---|---|
| May 22, 2026 | 38.4 | 52.0 | 22.0 | 30.4 | 29.0 | 63.3 | -11.7 |
| May 7, 2026 | 50.1 | 69.0 | 22.0 | 30.4 | 72.0 | 69.3 | +0.2 |
| May 3, 2026 | 49.9 | 69.0 | 22.0 | 30.4 | 72.0 | 68.3 | 0.0 |
| Apr 26, 2026 | 49.9 | 69.0 | 22.0 | 30.4 | 72.0 | 68.5 | +0.1 |
| Apr 19, 2026 | 49.8 | 69.0 | 22.0 | 30.4 | 72.0 | 67.7 | -0.1 |
| Apr 18, 2026 | 49.9 | 69.0 | 22.0 | 30.4 | 72.0 | 68.3 | +1.7 |
| Apr 14, 2026 | 48.2 | 69.0 | 22.0 | 30.4 | 72.0 | 56.9 | 0.0 |
| Apr 12, 2026 | 48.2 | 69.0 | 22.0 | 30.4 | 72.0 | 57.1 | -0.3 |
| Apr 5, 2026 | 48.5 | 69.0 | 22.0 | 30.4 | 72.0 | 58.9 | 0.0 |
| Apr 2, 2026 | 48.5 | 69.0 | 22.0 | 30.4 | 72.0 | 59.2 | — |
OPY — Pillar Breakdown
Quality
— 52.2/100 (25%)Oppenheimer Holdings Inc. has average quality metrics, with room for improvement in margins or capital efficiency.
Profitability relative to shareholders' equity.
Ability to convert revenue into operating profit.
Bottom-line profit as a share of revenue.
Free cash flow relative to market value.
Growth
— 30.4/100 (20%)Oppenheimer Holdings Inc. faces growth headwinds with declining or stagnant revenue trends.
Revenue trajectory over the last twelve months.
Compound annual revenue growth rate over 3 years.
Year-over-year earnings per share growth.
Analyst consensus for future revenue growth.
Analyst consensus for future earnings growth.
Risk
— 29.0/100 (15%)Oppenheimer Holdings Inc. presents elevated risk with concerns around leverage or financial stability.
Total debt relative to shareholder equity.
Short-term liquidity — ability to pay near-term obligations.
Earnings capacity relative to interest payments.
Valuation
— 63.3/100 (15%)Oppenheimer Holdings Inc. trades at a reasonable valuation with decent earnings yield and FCF multiples.
Inverse of forward P/E — higher yield means cheaper stock.
How many years of FCF the market cap represents.
Enterprise value multiple relative to sector median.
Moat
— 22/100 (25%)Oppenheimer Holdings Inc. operates in a highly competitive environment with limited sustainable advantages. The Moat pillar evaluates competitive advantages across five dimensions: Switching Costs, Network Effects, Cost Advantage, Intangible Assets, and Scale & Ecosystem. Sign in to customize moat ratings for OPY.
Score Composition
Financial Data
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How is the OPY UQS Score Calculated?
The UQS (Unified Quality Score) for Oppenheimer Holdings Inc. is calculated using a proprietary 6-pillar framework with 29 financial metrics. Each pillar evaluates a different dimension on a 0–100 scale, then combines into a single weighted score. Scoring thresholds are calibrated per sector. Momentum is an optional Pro toggle — without it, you get the 5-pillar / 25-metric core shown below.
Quality (25%) measures profitability and capital efficiency — ROIC, ROE, margins, GP/Assets, and FCF Yield.
Moat (25%) assesses Oppenheimer Holdings Inc.'s competitive advantages across switching costs, network effects, cost advantages, intangible assets, and ecosystem scale.
Growth (20%) tracks revenue trajectory and earnings momentum, combining historical results with analyst forward estimates.
Risk (15%) is inversely scored — lower leverage and strong balance sheet health result in higher scores.
Valuation (15%) measures whether Oppenheimer Holdings Inc. is fairly priced using earnings yield, price-to-FCF, PEG ratio, and EV/EBITDA relative to sector peers.
Six investor-inspired presets are available, each with different pillar weights: Balanced, Buffett, Munger, Lynch, Cathie Wood, and Graham. The public score shown here uses the Balanced preset. Learn more in our FAQ.