NASDAQ:PACW - PacWest Bancorp Stock Price, News, & Analysis

PacWest Bancorp trades on the NASDAQ under the ticker symbol "PACW."

PacWest Bancorp announced a quarterly dividend on Thursday, August 2nd. Investors of record on Monday, August 20th will be given a dividend of $0.60 per share on Friday, August 31st. This represents a $2.40 dividend on an annualized basis and a yield of 4.67%. The ex-dividend date of this dividend is Friday, August 17th. View PacWest Bancorp's Dividend History.

PacWest Bancorp announced that its board has initiated a share repurchase plan on Monday, February 19th 2018, which authorizes the company to buyback $200,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to purchase shares of its stock through open market purchases. Shares buyback plans are usually an indication that the company's leadership believes its shares are undervalued.

PacWest Bancorp (NASDAQ:PACW) issued its earnings results on Tuesday, July, 17th. The financial services provider reported $0.92 EPS for the quarter, topping the Zacks' consensus estimate of $0.87 by $0.05. The financial services provider had revenue of $301.97 million for the quarter, compared to analysts' expectations of $293.62 million. PacWest Bancorp had a net margin of 33.41% and a return on equity of 8.70%. During the same period in the previous year, the company earned $0.77 EPS. View PacWest Bancorp's Earnings History.

PacWest Bancorp is scheduled to release their next quarterly earnings announcement on Tuesday, October, 16th 2018. View Earnings Estimates for PacWest Bancorp.

12 analysts have issued 1 year target prices for PacWest Bancorp's stock. Their forecasts range from $50.00 to $59.00. On average, they expect PacWest Bancorp's stock price to reach $55.80 in the next year. This suggests a possible upside of 8.6% from the stock's current price. View Analyst Price Targets for PacWest Bancorp.

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PacWest Bancorp in the last year. There are currently 5 hold ratings, 5 buy ratings and 2 strong buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for PacWest Bancorp.

Some companies that are related to PacWest Bancorp include BANCO DO BRASIL/S (BDORY), KeyCorp (KEY), Regions Financial (RF), Shinhan Financial Group (SHG), Huntington Bancshares (HBAN), Comerica (CMA), Zions Bancorp (ZION), Cullen/Frost Bankers (CFR), BOK Financial (BOKF), Webster Financial (WBS), CIT Group (CIT), First Horizon National (FHN), Synovus Financial (SNV), Sterling Bancorp (STL) and Pinnacle Financial Partners (PNFP).

Media stories about PACW stock have trended somewhat positive this week, Accern Sentiment Analysis reports. The research group ranks the sentiment of press coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. PacWest Bancorp earned a media and rumor sentiment score of 0.21 on Accern's scale. They also assigned news coverage about the financial services provider an impact score of 45.27 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the near future. View Recent Headlines for PacWest Bancorp.

PacWest Bancorp's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (10.70%), Wells Fargo & Company MN (3.65%), Janus Henderson Group PLC (2.66%), Dimensional Fund Advisors LP (2.58%), Bank of New York Mellon Corp (1.67%) and Victory Capital Management Inc. (1.09%). Company insiders that own PacWest Bancorp stock include Barry C Fitzpatrick, Bryan M Corsini, Christopher D Blake, Craig A Carlson, Daniel B Platt, Donald D Destino, James Pieczynski, John M Eggemeyer III, Mark A Christian, Mark Yung, Matthew P Wagner, Patrick J Rusnak and Stanley R Ivie. View Institutional Ownership Trends for PacWest Bancorp.

PACW stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, Russell Investments Group Ltd., Fisher Asset Management LLC, BlackRock Inc., Aristotle Capital Boston LLC, Algebris UK Ltd, Channing Capital Management LLC and FMR LLC. Company insiders that have sold PacWest Bancorp company stock in the last year include Bryan M Corsini, Christopher D Blake, Craig A Carlson, Daniel B Platt, James Pieczynski and Stanley R Ivie. View Insider Buying and Selling for PacWest Bancorp.

PACW stock was purchased by a variety of institutional investors in the last quarter, including Raymond James & Associates, Renaissance Technologies LLC, LSV Asset Management, LVM Capital Management Ltd. MI, Janus Henderson Group PLC, Systematic Financial Management LP, Soros Fund Management LLC and Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp. Company insiders that have bought PacWest Bancorp stock in the last two years include Donald D Destino, Mark Yung, Matthew P Wagner and Patrick J Rusnak. View Insider Buying and Selling for PacWest Bancorp.

Shares of PACW 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, Scottrade, Fidelity and Charles Schwab.

One share of PACW stock can currently be purchased for approximately $51.39.

PacWest Bancorp has a market capitalization of $6.26 billion and generates $1.18 billion in revenue each year. The financial services provider earns $357.81 million in net income (profit) each year or $2.92 on an earnings per share basis. PacWest Bancorp employs 1,786 workers across the globe.

PacWest Bancorp's mailing address is 9701 Wilshire Boulevard Suite 700, Beverly Hills CA, 90212. The financial services provider can be reached via phone at 310-887-8500.