Pacific Premier Bancorp, Inc. (NASDAQ:PPBI – Free Report) – Research analysts at DA Davidson issued their Q1 2025 EPS estimates for shares of Pacific Premier Bancorp in a research note issued on Monday, January 27th. DA Davidson analyst G. Tenner expects that the financial services provider will post earnings of $0.32 per share for the quarter. DA Davidson currently has a “Buy” rating and a $30.00 price target on the stock. The consensus estimate for Pacific Premier Bancorp’s current full-year earnings is $1.59 per share.
Separately, Wedbush reduced their price target on shares of Pacific Premier Bancorp from $27.00 to $25.00 and set a “neutral” rating on the stock in a report on Friday, October 25th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and three have issued a buy rating to the company. According to MarketBeat.com, Pacific Premier Bancorp currently has a consensus rating of “Hold” and an average target price of $27.00.
Pacific Premier Bancorp Trading Up 0.2 %
Pacific Premier Bancorp stock opened at $25.80 on Tuesday. The company has a debt-to-equity ratio of 0.09, a current ratio of 0.88 and a quick ratio of 0.88. The firm’s 50 day moving average price is $25.96 and its 200-day moving average price is $25.76. Pacific Premier Bancorp has a 1 year low of $20.52 and a 1 year high of $30.28. The stock has a market cap of $2.49 billion, a P/E ratio of -171.99 and a beta of 1.26.
Pacific Premier Bancorp (NASDAQ:PPBI – Get Free Report) last released its quarterly earnings data on Thursday, January 23rd. The financial services provider reported $0.35 earnings per share for the quarter, topping analysts’ consensus estimates of $0.32 by $0.03.
Institutional Trading of Pacific Premier Bancorp
A number of large investors have recently modified their holdings of the company. GAMMA Investing LLC increased its holdings in Pacific Premier Bancorp by 121.5% during the 3rd quarter. GAMMA Investing LLC now owns 1,183 shares of the financial services provider’s stock worth $30,000 after purchasing an additional 649 shares during the period. Point72 Asset Management L.P. purchased a new position in Pacific Premier Bancorp during the 3rd quarter valued at about $60,000. KBC Group NV boosted its stake in shares of Pacific Premier Bancorp by 30.0% during the third quarter. KBC Group NV now owns 3,679 shares of the financial services provider’s stock valued at $93,000 after purchasing an additional 849 shares in the last quarter. Golden State Wealth Management LLC purchased a new position in Pacific Premier Bancorp during the fourth quarter valued at approximately $158,000. Finally, FMR LLC boosted its position in Pacific Premier Bancorp by 11.9% during the 3rd quarter. FMR LLC now owns 6,782 shares of the financial services provider’s stock valued at $171,000 after acquiring an additional 723 shares in the last quarter. Hedge funds and other institutional investors own 93.11% of the company’s stock.
Insiders Place Their Bets
In related news, EVP Michael S. Karr sold 10,290 shares of the business’s stock in a transaction on Tuesday, December 17th. The stock was sold at an average price of $26.87, for a total transaction of $276,492.30. Following the completion of the transaction, the executive vice president now owns 79,474 shares in the company, valued at $2,135,466.38. The trade was a 11.46 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Margaret S. Ohlhaver sold 9,273 shares of the stock in a transaction on Thursday, November 7th. The stock was sold at an average price of $27.96, for a total value of $259,273.08. Following the completion of the sale, the executive vice president now owns 25,475 shares in the company, valued at approximately $712,281. The trade was a 26.69 % decrease in their position. The disclosure for this sale can be found here. 2.21% of the stock is owned by insiders.
Pacific Premier Bancorp Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Monday, February 10th. Investors of record on Monday, February 3rd will be issued a dividend of $0.33 per share. The ex-dividend date of this dividend is Monday, February 3rd. This represents a $1.32 annualized dividend and a yield of 5.12%. Pacific Premier Bancorp’s payout ratio is presently 80.49%.
About Pacific Premier Bancorp
Pacific Premier Bancorp, Inc operates as the bank holding company for Pacific Premier Bank that provides various banking products and services in the United States. The company accepts deposit products, which includes checking, money market, savings accounts, and certificates of deposit. Its loan portfolio includes commercial real estate owner and non-owner-occupied, multifamily, construction and land, franchise real estate secured, and small business administration (SBA); revolving lines of credit, term loans, seasonal loans, and loans secured by liquid collateral; one-to-four family and home equity lines of credit loans; and small balance personal unsecured loans and savings account secured loans.
See Also
- Five stocks we like better than Pacific Premier Bancorp
- Do Real Estate Investment Trusts Deserve a Place in Your Portfolio?
- Survey Reveals: Top 150 Best Coffee Shops for Remote Workers and Business Deals [2025]
- How to Use High Beta Stocks to Maximize Your Investing Profits
- What Does the Future Hold for Eli Lilly?
- Retail Stocks Investing, Explained
- Oracle Stock Drops Nearly 14% – Is Now the Time to Buy?
Receive News & Ratings for Pacific Premier Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pacific Premier Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.