What is DA Davidson's Forecast for PPBI FY2025 Earnings?

Pacific Premier Bancorp Inc (NASDAQ:PPBI - Free Report) - Equities research analysts at DA Davidson raised their FY2025 earnings per share estimates for Pacific Premier Bancorp in a research report issued on Friday, June 27th. DA Davidson analyst G. Tenner now anticipates that the financial services provider will earn $1.47 per share for the year, up from their prior forecast of $1.45. DA Davidson currently has a "Hold" rating on the stock. The consensus estimate for Pacific Premier Bancorp's current full-year earnings is $1.34 per share. DA Davidson also issued estimates for Pacific Premier Bancorp's FY2026 earnings at $1.49 EPS.

Pacific Premier Bancorp (NASDAQ:PPBI - Get Free Report) last announced its quarterly earnings results on Wednesday, April 23rd. The financial services provider reported $0.37 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.30 by $0.07. The firm had revenue of $144.83 million for the quarter, compared to the consensus estimate of $143.25 million. Pacific Premier Bancorp had a return on equity of 5.01% and a net margin of 16.89%. During the same period in the prior year, the company posted $0.49 earnings per share.

Separately, Wall Street Zen began coverage on Pacific Premier Bancorp in a report on Thursday, May 22nd. They set a "sell" rating on the stock. One analyst has rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price of $27.25.

Pacific Premier Bancorp Trading Down 1.3%

Shares of NASDAQ:PPBI opened at $21.06 on Monday. The company has a market cap of $2.04 billion, a P/E ratio of 13.86 and a beta of 1.18. The company has a debt-to-equity ratio of 0.09, a current ratio of 0.85 and a quick ratio of 0.85. Pacific Premier Bancorp has a 1 year low of $18.06 and a 1 year high of $30.28. The stock's fifty day moving average price is $21.12 and its 200-day moving average price is $22.57.

Pacific Premier Bancorp Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, May 12th. Shareholders of record on Monday, May 5th were issued a $0.33 dividend. This represents a $1.32 dividend on an annualized basis and a yield of 6.27%. The ex-dividend date of this dividend was Monday, May 5th. Pacific Premier Bancorp's dividend payout ratio is 86.84%.

Insider Buying and Selling at Pacific Premier Bancorp

In other Pacific Premier Bancorp news, COO Edward Earl Wilcox sold 14,500 shares of the stock in a transaction dated Thursday, May 1st. The stock was sold at an average price of $20.28, for a total value of $294,060.00. Following the transaction, the chief operating officer now owns 140,283 shares of the company's stock, valued at approximately $2,844,939.24. This represents a 9.37% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 2.29% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of PPBI. Quarry LP raised its stake in shares of Pacific Premier Bancorp by 488.3% in the first quarter. Quarry LP now owns 1,459 shares of the financial services provider's stock worth $31,000 after buying an additional 1,211 shares during the period. Caitong International Asset Management Co. Ltd raised its stake in shares of Pacific Premier Bancorp by 8,794.4% in the first quarter. Caitong International Asset Management Co. Ltd now owns 1,601 shares of the financial services provider's stock worth $34,000 after buying an additional 1,583 shares during the period. GAMMA Investing LLC raised its stake in shares of Pacific Premier Bancorp by 47.9% in the first quarter. GAMMA Investing LLC now owns 2,288 shares of the financial services provider's stock worth $49,000 after buying an additional 741 shares during the period. Sterling Capital Management LLC raised its stake in shares of Pacific Premier Bancorp by 729.4% in the fourth quarter. Sterling Capital Management LLC now owns 3,019 shares of the financial services provider's stock worth $75,000 after buying an additional 2,655 shares during the period. Finally, Smartleaf Asset Management LLC raised its stake in shares of Pacific Premier Bancorp by 158.4% in the fourth quarter. Smartleaf Asset Management LLC now owns 3,023 shares of the financial services provider's stock worth $75,000 after buying an additional 1,853 shares during the period. Institutional investors own 93.11% of the company's stock.

Pacific Premier Bancorp Company Profile

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.

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