Central Pacific Financial (CPF) to Release Quarterly Earnings on Wednesday

Central Pacific Financial (NYSE:CPF) is anticipated to release its earnings data before the market opens on Wednesday, January 29th. Analysts expect Central Pacific Financial to post earnings of $0.61 per share and revenue of $58,890.00 billion for the quarter. Individual interested in registering for the company’s earnings conference call can do so using this link.

Central Pacific Financial Stock Up 0.1 %

CPF stock opened at $28.41 on Monday. The company has a market capitalization of $769.14 million, a P/E ratio of 13.53 and a beta of 1.19. The firm has a 50 day simple moving average of $29.61 and a 200-day simple moving average of $28.11. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.29. Central Pacific Financial has a twelve month low of $18.00 and a twelve month high of $33.25.

Central Pacific Financial Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 16th. Shareholders of record on Friday, November 29th were issued a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a yield of 3.66%. The ex-dividend date was Friday, November 29th. Central Pacific Financial’s dividend payout ratio is currently 49.52%.

Analysts Set New Price Targets

Separately, StockNews.com cut shares of Central Pacific Financial from a “hold” rating to a “sell” rating in a research report on Tuesday, December 10th.

Central Pacific Financial Company Profile

Central Pacific Financial Corp. operates as the bank holding company for Central Pacific Bank that provides a range of commercial banking products and services to businesses, professionals, and individuals in the United States. It offers various deposit products and services, including checking, savings and time deposits, cash management and digital banking, trust, and retail brokerage services, as well as money market accounts and certificates of deposit.