OPY
Oppenheimer Holdings Inc. Financial Services - Capital Markets Investor Relations →
Oppenheimer Holdings Inc. (OPY) closed at $107.21 as of 2026-06-19, trading 100.2% above its 200-week moving average of $53.56. The stock moved further from the line this week, up from 94.4% last week. The 14-week RSI sits at 66, indicating neutral momentum.
Trading volume is running at 1.9x of its 14-week average, which is in the normal range. The balance between buying and selling volume (1.29 ratio) is neutral — neither side is clearly dominating.
Over the past 2232 weeks of data, OPY has crossed below its 200-week moving average 24 times. On average, these episodes lasted 35 weeks. Historically, investors who bought OPY at the start of these episodes saw an average one-year return of +19.0%.
With a market cap of $1148 million, OPY is a small-cap stock. Return on equity stands at 10.5%. The stock trades at 1.2x book value.
Over the past 33.5 years, a hypothetical investment of $100 in OPY would have grown to $3200, compared to $3097 for the S&P 500. That represents an annualized return of 10.9% vs 10.8% for the index — confirming OPY as a market-beating investment and the kind of quality company where buying during 200-week moving average touches has historically been rewarded.
Free cash flow has been volatile over the past several years, making the quality of earnings harder to assess.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($M)
Revenue Annual revenue ($M) — business growth proxy
Total Debt Balance sheet debt ($M)
ROIC Return on invested capital (%)
FCF Yield Free cash flow / market cap (%) — Yartseva signal
Gross Margin Pricing power & competitive moat (%)
Shares Outstanding Buybacks vs dilution (millions)
Growth of $100: OPY vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After OPY Crosses Below the Line?
Across 21 historical episodes, buying OPY when it crossed below its 200-week moving average produced an average return of +30.2% after 12 months (median +30.0%), compared to +16.9% for the S&P 500 over the same periods. 62% of those episodes were profitable after one year. After 24 months, the average return was +51.3% vs +27.0% for the index.
Each line shows $100 invested at the moment OPY crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Bean Score Experimental
The Bean Score measures how far a stock's free cash flow yield has deviated from its own quarterly baseline, normalized by the stock's historical behavior. Between earnings dates, FCF is constant — so the score is purely a function of stock price. The levels below show at what prices OPY would reach each dislocation threshold.
Dislocation Price Levels
Prices where OPY's Bean Score would hit each σ threshold. Valid until next earnings report: 2026-07-31.
| Level | σ | Price | Signal |
|---|---|---|---|
| Deep Value | +2σ | $82.36 | Unusually cheap — potential buy zone |
| Value | +1σ | $98.27 | Cheap vs. own history |
| Fair Value | +0σ | $121.81 | Historical mean behavior |
| Expensive | -1σ | $160.17 | Expensive vs. own history |
| Deep Expensive | -2σ | $233.79 | Unusually expensive — potential trim zone |
Quarterly FCF & Yield Trailing twelve-month free cash flow and yield at each quarter end
Signal Accuracy Collecting Data
The Bean Score system is accumulating weekly data to validate signal accuracy. After 13+ weeks of history, this section will display win rates and average returns for each σ threshold crossing — answering the question: "When this score says cheap or expensive, does the price subsequently move in the expected direction?"
Theoretical framework — not backtested or forward-tested. The Bean Score uses trailing twelve-month free cash flow yield as a dislocation identifier. It measures whether the market has pushed a stock's yield unusually far from its own baseline behavior. These levels are reference points for identifying potential swing trade opportunities, not buy/sell signals. FCF values update quarterly with earnings; between reports, all movement is price-driven.
Dislocation Scores Experimental
Each score measures deviation from OPY's own historical baseline — the same idea as the Bean Score, applied to different fundamentals. Positive means cheaper or more dislocated than this stock's norm. Scores marked σ are normalized by the stock's own variability; pp values are simple deltas from its recent baseline.
Theoretical framework — not backtested. These scores describe how unusual today's readings are for this specific company. They are starting points for research, not buy or sell signals. Annual-statement scores (buyback, accruals, FCF vs history) rest on only ~4 yearly data points and are deltas, not sigmas.
Historical Touches
OPY has crossed below its 200-week MA 24 times with an average 1-year return of +19.0% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Oct 1983 | Oct 1983 | 1 | 1.9% | -53.6% | +5499.2% |
| Feb 1984 | Aug 1986 | 132 | 62.8% | -48.1% | +5706.5% |
| Oct 1987 | Feb 1991 | 172 | 54.7% | N/A | +11959.7% |
| Jul 1994 | Aug 1994 | 7 | 4.4% | +24.6% | +3308.2% |
| Sep 1994 | Oct 1994 | 1 | 0.2% | +51.4% | +3004.5% |
| Nov 1994 | Apr 1995 | 19 | 7.2% | +51.9% | +2974.0% |
| Feb 1999 | Mar 1999 | 5 | 6.9% | +19.5% | +1258.9% |
| Jul 1999 | Aug 1999 | 3 | 2.4% | +36.1% | +1171.7% |
| Sep 1999 | Sep 1999 | 2 | 1.8% | +52.3% | +1133.9% |
| Oct 1999 | Jan 2000 | 15 | 5.3% | +52.9% | +1139.1% |
| Oct 2002 | Oct 2002 | 1 | 1.7% | +50.7% | +779.3% |
| Jul 2004 | Nov 2004 | 17 | 16.5% | -16.6% | +584.7% |
| Dec 2004 | Apr 2006 | 72 | 24.6% | -20.2% | +568.1% |
| Jul 2006 | Jul 2006 | 1 | 1.1% | +132.4% | +586.6% |
| Jun 2008 | Nov 2009 | 74 | 75.2% | -33.2% | +457.7% |
| Jan 2010 | Feb 2011 | 54 | 21.0% | -4.8% | +470.6% |
| May 2011 | Jun 2011 | 4 | 3.0% | -47.3% | +481.1% |
| Jul 2011 | Nov 2013 | 122 | 47.1% | -38.1% | +480.9% |
| Aug 2015 | Sep 2015 | 4 | 7.6% | -11.1% | +633.8% |
| Oct 2015 | Oct 2017 | 106 | 29.5% | -14.9% | +674.6% |
| Mar 2020 | Aug 2020 | 22 | 29.7% | +83.1% | +451.4% |
| Sep 2020 | Oct 2020 | 3 | 6.5% | +99.4% | +434.7% |
| Sep 2022 | Oct 2022 | 4 | 7.2% | +25.6% | +268.1% |
| Oct 2023 | Oct 2023 | 1 | 3.6% | +62.8% | +233.1% |
| Average | 35 | — | +19.0% | — |
Frequently Asked Questions
Is OPY below its 200-week moving average?
No. Oppenheimer Holdings Inc. (OPY) is currently 100.2% above its 200-week moving average of $53.56. It would need to fall to $53.56 to cross below the line.
What is OPY's 200-week moving average price?
Oppenheimer Holdings Inc.'s 200-week moving average is $53.56 as of 2026-06-19. This is the average weekly closing price over roughly the last 4 years, and it acts as a long-term trend line. When a stock drops below this level, it can signal that the price has fallen far enough from the long-term trend to attract value-oriented investors.
What happens when OPY drops below its 200-week moving average?
OPY has crossed below its 200-week moving average 24 times in our data. On average, buying at that moment produced a one-year return of +19.0%. These dips have historically been decent entry points. These episodes lasted 35 weeks on average.
Is OPY a good value right now?
Here's what our data says about OPY as of 2026-06-19: The stock is above its 200-week moving average, so it doesn't currently meet our primary signal. The 14-week RSI is 66. Return on equity is 10.5%. Price-to-book is 1.2x. This is not a buy or sell recommendation — always do your own research.
How does OPY compare to the S&P 500?
Over the past 33.5 years, $100 invested in OPY would have grown to $3200, compared to $3097 for the S&P 500. That's 10.9% annualized vs 10.8% for the index. OPY has outperformed the broader market over this period.
Does OPY pay a dividend?
Yes. Oppenheimer Holdings Inc. currently pays a dividend yield of 75.00%.
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of week of 2026-06-19