NASDAQ:EWBC - East West Bancorp Stock Price, Forecast & News

East West Bancorp's stock was trading at $31.96 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, EWBC shares have decreased by 11.9% and is now trading at $28.17. View which stocks have been mosted impacted by Coronavirus.

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for East West Bancorp in the last year. There are currently 1 sell rating, 3 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for East West Bancorp.

East West Bancorp is scheduled to release its next quarterly earnings announcement on Thursday, April 16th 2020. View our earnings forecast for East West Bancorp.

East West Bancorp, Inc. (NASDAQ:EWBC) issued its quarterly earnings data on Thursday, January, 23rd. The financial services provider reported $1.28 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $1.16 by $0.12. The financial services provider earned $431.20 million during the quarter, compared to the consensus estimate of $413.66 million. East West Bancorp had a net margin of 32.22% and a return on equity of 14.73%. East West Bancorp's revenue for the quarter was up 4.9% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.18 earnings per share. View East West Bancorp's earnings history.

East West Bancorp declared a quarterly dividend on Thursday, January 23rd. Shareholders of record on Monday, February 3rd will be given a dividend of $0.275 per share on Friday, February 14th. This represents a $1.10 dividend on an annualized basis and a yield of 3.90%. The ex-dividend date of this dividend is Friday, January 31st. View East West Bancorp's dividend history.

8 brokerages have issued 1 year price targets for East West Bancorp's stock. Their forecasts range from $44.00 to $57.00. On average, they anticipate East West Bancorp's stock price to reach $51.14 in the next twelve months. This suggests a possible upside of 81.6% from the stock's current price. View analysts' price targets for East West Bancorp.

News articles about EWBC stock have been trending somewhat negative this week, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. East West Bancorp earned a news sentiment score of -1.0 on InfoTrie's scale. They also assigned headlines about the financial services provider a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View the latest news aboutEast West Bancorp.

East West Bancorp saw a increase in short interest in March. As of March 13th, there was short interest totaling 4,440,700 shares, an increase of 72.1% from the February 27th total of 2,580,000 shares. Based on an average trading volume of 2,401,800 shares, the days-to-cover ratio is presently 1.8 days. Approximately 3.1% of the company's shares are short sold. View East West Bancorp's Current Options Chain.

Some companies that are related to East West Bancorp include Truist Financial (TFC), PNC Financial Services Group (PNC), SunTrust Banks (STI), M&T Bank (MTB), First Republic Bank (FRC), Fifth Third Bancorp (FITB), KeyCorp (KEY), Regions Financial (RF), SVB Financial Group (SIVB), Huntington Bancshares (HBAN), Commerce Bancshares (CBSH), Signature Bank (SBNY), Prosperity Bancshares (PB), Zions Bancorporation NA (ZION) and TCF Financial (TCF).

Based on aggregate information from My MarketBeat watchlists, some companies that other East West Bancorp investors own include Alibaba Group (BABA), Energy Transfer LP Unit (ET), AT&T (T), Amgen (AMGN), Lam Research (LRCX), NVIDIA (NVDA), Boeing (BA), Pfizer (PFE), Applied Materials (AMAT) and Zions Bancorporation NA (ZION).

East West Bancorp trades on the NASDAQ under the ticker symbol "EWBC."

East West Bancorp's stock is owned by many different institutional and retail investors. Top institutional investors include State Street Corp (4.14%), Macquarie Group Ltd. (3.47%), Macquarie Group Ltd. (3.47%), Boston Partners (2.90%), FMR LLC (2.60%) and Principal Financial Group Inc. (2.19%). Company insiders that own East West Bancorp stock include Andy Yen, Catherine Zhou, Dominic Ng, Douglas Paul Krause, Herman Y Li, Irene H Oh, Jack C Liu, Molly Campbell, Paul H Irving and Rudolph Estrada. View institutional ownership trends for East West Bancorp.

EWBC stock was sold by a variety of institutional investors in the last quarter, including Capital Research Global Investors, Boston Partners, Lord Abbett & CO. LLC, Bank of America Corp DE, Renaissance Technologies LLC, Jennison Associates LLC, Janus Henderson Group PLC, and Acadian Asset Management LLC. Company insiders that have sold East West Bancorp company stock in the last year include Herman Y Li, and Rudolph Estrada. View insider buying and selling activity for East West Bancorp.

EWBC stock was bought by a variety of institutional investors in the last quarter, including FMR LLC, Norges Bank, Macquarie Group Ltd., Macquarie Group Ltd., Nuveen Asset Management LLC, Goldman Sachs Group Inc., Handelsbanken Fonder AB, and AQR Capital Management LLC. Company insiders that have bought East West Bancorp stock in the last two years include Andy Yen, Catherine Zhou, Dominic Ng, Irene H Oh, Paul H Irving, and Rudolph Estrada. View insider buying and selling activity for East West Bancorp.

Shares of EWBC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of EWBC stock can currently be purchased for approximately $28.17.

East West Bancorp has a market capitalization of $4.10 billion and generates $2.09 billion in revenue each year. The financial services provider earns $674.03 million in net income (profit) each year or $4.84 on an earnings per share basis. East West Bancorp employs 3,300 workers across the globe. View additional information about East West Bancorp.

The official website for East West Bancorp is http://www.eastwestbank.com/.

East West Bancorp's mailing address is 135 N. LOS ROBLES AVE. 7TH FLOOR, PASADENA CA, 91101. The financial services provider can be reached via phone at 626-768-6000 or via email at [email protected]