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 Wednesday, May 1st. Stockholders of record on Monday, May 20th will be given a dividend of $0.60 per share on Friday, May 31st. This represents a $2.40 dividend on an annualized basis and a dividend yield of 6.33%. The ex-dividend date is Friday, May 17th. View PacWest Bancorp's Dividend History.

PacWest Bancorp declared that its Board of Directors has approved a share repurchase plan on Monday, February 19th 2018, which allows the company to buyback $200,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to reacquire shares of its stock through open market purchases. Shares buyback plans are typically an indication that the company's board of directors believes its shares are undervalued.

PacWest Bancorp (NASDAQ:PACW) announced its quarterly earnings data on Tuesday, April, 16th. The financial services provider reported $0.92 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.91 by $0.01. The financial services provider earned $285.94 million during the quarter, compared to analysts' expectations of $291.86 million. PacWest Bancorp had a return on equity of 9.58% and a net margin of 34.47%. During the same quarter last year, the firm earned $0.93 earnings per share. View PacWest Bancorp's Earnings History.

PacWest Bancorp is scheduled to release their next quarterly earnings announcement on Tuesday, July 16th 2019. View Earnings Estimates for PacWest Bancorp.

9 Wall Street analysts have issued 1-year target prices for PacWest Bancorp's stock. Their predictions range from $38.00 to $58.00. On average, they expect PacWest Bancorp's stock price to reach $44.8750 in the next year. This suggests a possible upside of 18.3% from the stock's current price. View Analyst Price Targets for PacWest Bancorp.

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PacWest Bancorp in the last year. There are currently 5 hold ratings, 3 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for PacWest Bancorp.

Media headlines about PACW stock have been trending extremely negative recently, InfoTrie reports. The research group scores the sentiment of news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. PacWest Bancorp earned a daily sentiment score of -4.0 on InfoTrie's scale. They also gave media headlines about the financial services provider a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the stock's share price in the near future. View News Stories for PacWest Bancorp.

Some companies that are related to PacWest Bancorp include Shinhan Financial Group (SHG), KeyCorp (KEY), Regions Financial (RF), Huntington Bancshares (HBAN), DANSKE BK A/S/S (DNKEY), Comerica (CMA), Zions Bancorporation NA (ZION), Akbank T.A.S. (AKBTY), Cullen/Frost Bankers (CFR), BOK Financial (BOKF), Synovus Financial (SNV), CIT Group (CIT), First Horizon National (FHN), Sterling Bancorp (STL) and Pinnacle Financial Partners (PNFP).

Based on aggregate information from My MarketBeat watchlists, some companies that other PacWest Bancorp investors own include Cisco Systems (CSCO), General Electric (Ge), Intel (INTC), Micron Technology (MU), JPMorgan Chase & Co. (Jpm), Applied Materials (AMAT), Ford Motor (F), Procter & Gamble (PG), AT&T (T) and NVIDIA (NVDA).

PacWest Bancorp's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (12.68%), Principal Financial Group Inc. (3.82%), Wells Fargo & Company MN (3.79%), Janus Henderson Group PLC (3.27%), FMR LLC (2.13%) and Ceredex Value Advisors LLC (1.68%). Company insiders that own PacWest Bancorp stock include Bryan M Corsini, Christopher D Blake, Craig A Carlson, Daniel B Platt, James Pieczynski, John M Eggemeyer III, Mark Yung, Matthew P Wagner, Patrick J Rusnak, Stanley R Ivie and Tanya M Acker. View Institutional Ownership Trends for PacWest Bancorp.

PACW stock was sold by a variety of institutional investors in the last quarter, including TimesSquare Capital Management LLC, BlackRock Inc., Victory Capital Management Inc., Vaughan Nelson Investment Management L.P., Monarch Partners Asset Management LLC, Janus Henderson Group PLC, Comerica Bank and FMR LLC. View Insider Buying and Selling for PacWest Bancorp.

PACW stock was acquired by a variety of institutional investors in the last quarter, including Ceredex Value Advisors LLC, Principal Financial Group Inc., Lazard Asset Management LLC, Raymond James & Associates, The Manufacturers Life Insurance Company, Federated Investors Inc. PA, First Trust Advisors LP and Seizert Capital Partners LLC. Company insiders that have bought PacWest Bancorp stock in the last two years include James Pieczynski, John M Eggemeyer III, Mark Yung, Matthew P Wagner, Patrick J Rusnak and Tanya M Acker. 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 $37.92.

PacWest Bancorp has a market capitalization of $4.51 billion and generates $1.31 billion in revenue each year. The financial services provider earns $465.34 million in net income (profit) each year or $3.72 on an earnings per share basis. PacWest Bancorp employs 1,833 workers across the globe.View Additional Information About PacWest Bancorp.

The official website for PacWest Bancorp is http://www.pacwestbancorp.com/.

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.