East West Bancorp (EWBC) Stock Forecast, Price & News

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for East West Bancorp in the last twelve months. There are currently 3 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" EWBC shares.
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6 equities research analysts have issued 12-month target prices for East West Bancorp's stock. Their EWBC share price forecasts range from $62.00 to $81.00. On average, they expect the company's share price to reach $71.13 in the next twelve months. This suggests a possible upside of 36.6% from the stock's current price.
View analysts price targets for EWBC or view top-rated stocks among Wall Street analysts.

East West Bancorp's stock was trading at $65.90 at the beginning of the year. Since then, EWBC shares have decreased by 21.0% and is now trading at $52.08.
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East West Bancorp saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 3,240,000 shares, an increase of 7.3% from the April 30th total of 3,020,000 shares. Based on an average daily volume of 1,930,000 shares, the days-to-cover ratio is presently 1.7 days. Approximately 2.3% of the shares of the company are short sold.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, July 20th 2023.
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East West Bancorp, Inc. (NASDAQ:EWBC) posted its earnings results on Thursday, April, 20th. The financial services provider reported $2.32 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.20 by $0.12. The financial services provider earned $659.84 million during the quarter, compared to the consensus estimate of $673.68 million. East West Bancorp had a trailing twelve-month return on equity of 20.71% and a net margin of 40.38%. The firm's revenue was up 33.2% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.66 earnings per share.

East West Bancorp declared a quarterly dividend on Thursday, April 20th. Investors of record on Monday, May 1st will be given a dividend of $0.48 per share on Monday, May 15th. This represents a $1.92 dividend on an annualized basis and a yield of 3.69%. The ex-dividend date of this dividend is Friday, April 28th.
Read our dividend analysis for EWBC.

ETFs with the largest weight of East West Bancorp (NASDAQ:EWBC) stock in their portfolio include SPDR S&P Regional Banking ETF (KRE), Invesco KBW Bank ETF (KBWB), iShares U.S. Regional Banks ETF (IAT), Direxion Daily Regional Banks Bull 3x Shares (DPST), SPDR S&P Bank ETF (KBE), First Trust Nasdaq Bank ETF (FTXO), First Trust SMID Cap Rising Dividend Archievers ETF (SDVY) and First Trust Financial AlphaDEX Fund (FXO).

East West Bancorp (NASDAQ:EWBC) pays an annual dividend of $1.92 per share and currently has a dividend yield of 3.91%. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 22.51%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, EWBC will have a dividend payout ratio of 22.78% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for EWBC.

336 employees have rated East West Bancorp Chief Executive Officer Dominic Ng on Glassdoor.com. Dominic Ng has an approval rating of 86% among the company's employees. 84.0% of employees surveyed would recommend working at East West Bancorp to a friend.

Based on aggregate information from My MarketBeat watchlists, some companies that other East West Bancorp investors own include Energy Transfer (ET), Alibaba Group (BABA), JPMorgan Chase & Co. (JPM), Pfizer (PFE), Applied Materials (AMAT), Lam Research (LRCX), Boeing (BA), Citigroup (C), NVIDIA (NVDA) and AT&T (T).

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 BlackRock Inc. (9.30%), FMR LLC (5.12%), State Street Corp (4.10%), Boston Partners (2.92%), Macquarie Group Ltd. (1.86%) and Geode Capital Management LLC (1.52%). Insiders that own company stock include Dominic Ng, Douglas Paul Krause, Gary Teo, Irene H Oh, Iris S Chan, Jack C Liu, Jack C Liu, Manuel Pham Alvarez, Molly Campbell, Parker Shi and Rudolph Estrada.
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Shares of EWBC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of EWBC stock can currently be purchased for approximately $52.08.

East West Bancorp (NASDAQ:EWBC) has a market capitalization of $7.37 billion and generates $2.62 billion in revenue each year. The financial services provider earns $1.13 billion in net income (profit) each year or $8.53 on an earnings per share basis.

The company employs 3,155 workers across the globe.

East West Bancorp's mailing address is 135 N. LOS ROBLES AVE. 7TH FLOOR, PASADENA CA, 91101. The official website for the company is www.eastwestbank.com. The financial services provider can be reached via phone at (626) 768-6000, via email at investorrelations@eastwestbank.com, or via fax at 302-655-5049.