Peapack-Gladstone Financial (NASDAQ:PGC - Get Free Report) is expected to be releasing its Q2 2025 earnings data before the market opens on Tuesday, July 22nd. Analysts expect Peapack-Gladstone Financial to post earnings of $0.61 per share and revenue of $69.77 million for the quarter.
Peapack-Gladstone Financial (NASDAQ:PGC - Get Free Report) last issued its quarterly earnings data on Tuesday, April 22nd. The financial services provider reported $0.43 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.51 by ($0.08). The firm had revenue of $64.36 million for the quarter, compared to analysts' expectations of $64.07 million. Peapack-Gladstone Financial had a return on equity of 5.27% and a net margin of 7.71%. On average, analysts expect Peapack-Gladstone Financial to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.
Peapack-Gladstone Financial Stock Performance
Shares of PGC stock traded down $0.13 during mid-day trading on Friday, hitting $29.84. 25,382 shares of the stock were exchanged, compared to its average volume of 89,289. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.94 and a current ratio of 0.95. Peapack-Gladstone Financial has a 12-month low of $23.96 and a 12-month high of $37.88. The stock's fifty day simple moving average is $28.35 and its two-hundred day simple moving average is $29.44. The stock has a market capitalization of $529.27 million, a price-to-earnings ratio of 16.58 and a beta of 0.86.
Wall Street Analyst Weigh In
A number of equities analysts recently issued reports on PGC shares. Wall Street Zen raised Peapack-Gladstone Financial from a "sell" rating to a "hold" rating in a report on Saturday, June 7th. Raymond James Financial started coverage on Peapack-Gladstone Financial in a report on Friday, April 11th. They set a "strong-buy" rating and a $39.00 price target on the stock. Finally, Keefe, Bruyette & Woods lowered their price target on Peapack-Gladstone Financial from $40.00 to $38.00 and set an "outperform" rating on the stock in a report on Thursday, April 24th.
Read Our Latest Stock Report on Peapack-Gladstone Financial
Hedge Funds Weigh In On Peapack-Gladstone Financial
A number of institutional investors have recently added to or reduced their stakes in PGC. Jane Street Group LLC raised its stake in shares of Peapack-Gladstone Financial by 119.7% in the 1st quarter. Jane Street Group LLC now owns 52,173 shares of the financial services provider's stock valued at $1,482,000 after purchasing an additional 28,428 shares in the last quarter. Empowered Funds LLC raised its stake in Peapack-Gladstone Financial by 8.5% during the first quarter. Empowered Funds LLC now owns 55,450 shares of the financial services provider's stock worth $1,575,000 after acquiring an additional 4,329 shares during the period. Royal Bank of Canada raised its stake in Peapack-Gladstone Financial by 40.4% during the first quarter. Royal Bank of Canada now owns 10,675 shares of the financial services provider's stock worth $302,000 after acquiring an additional 3,070 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in Peapack-Gladstone Financial by 4.1% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 9,939 shares of the financial services provider's stock worth $282,000 after acquiring an additional 390 shares during the period. Institutional investors and hedge funds own 72.75% of the company's stock.
Peapack-Gladstone Financial Company Profile
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Get Free Report)
Peapack-Gladstone Financial Corporation operates as the bank holding company for Peapack-Gladstone Bank that provides private banking and wealth management services in the United States. The company operates in two segments, Banking and Peapack Private. It offers checking and savings accounts, money market and interest-bearing checking accounts, certificates of deposit, and individual retirement accounts.
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