PacWest Bancorp Stock Forecast, Price & News

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PacWest Bancorp in the last twelve months. There are currently 2 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" PacWest Bancorp stock.
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PacWest Bancorp is scheduled to release its next quarterly earnings announcement on Tuesday, April 20th 2021.
View our earnings forecast for PacWest Bancorp.

PacWest Bancorp (NASDAQ:PACW) announced its quarterly earnings results on Tuesday, January, 19th. The financial services provider reported $0.99 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.67 by $0.32. The financial services provider earned $299.06 million during the quarter, compared to the consensus estimate of $286.68 million. PacWest Bancorp had a negative net margin of 98.27% and a positive trailing twelve-month return on equity of 6.14%.
View PacWest Bancorp's earnings history.

PacWest Bancorp's stock was trading at $25.21 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, PACW stock has increased by 58.2% and is now trading at $39.87.
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PacWest Bancorp declared a quarterly dividend on Wednesday, February 17th. Shareholders of record on Monday, March 1st will be given a dividend of $0.25 per share on Wednesday, March 10th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.51%. The ex-dividend date of this dividend is Friday, February 26th.
View PacWest Bancorp's dividend history.

PacWest Bancorp pays an annual dividend of $1.00 per share and currently has a dividend yield of 2.50%. PacWest Bancorp does not yet have a strock track record of dividend growth. The dividend payout ratio of PacWest Bancorp is 25.64%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PacWest Bancorp will have a dividend payout ratio of 34.13% next year. This indicates that PacWest Bancorp will be able to sustain or increase its dividend.
View PacWest Bancorp's dividend history.

7 equities research analysts have issued 12 month price objectives for PacWest Bancorp's shares. Their forecasts range from $19.00 to $41.00. On average, they expect PacWest Bancorp's stock price to reach $29.13 in the next twelve months. This suggests that the stock has a possible downside of 27.0%.
View analysts' price targets for PacWest Bancorp or view top-rated stocks among Wall Street analysts.

1 employees have rated PacWest Bancorp CEO Matthew P. Wagner on Glassdoor.com. Matthew P. Wagner has an approval rating of 100% among PacWest Bancorp's employees. This puts Matthew P. Wagner in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

Some companies that are related to PacWest Bancorp include Truist Financial (TFC), The PNC Financial Services Group (PNC), First Republic Bank (FRC), Fifth Third Bancorp (FITB), SVB Financial Group (SIVB), Regions Financial (RF), M&T Bank (MTB), KeyCorp (KEY), Huntington Bancshares (HBAN), Signature Bank (SBNY), East West Bancorp (EWBC), First Horizon (FHN), Western Alliance Bancorporation (WAL), Zions Bancorporation, National Association (ZION) and Commerce Bancshares (CBSH).
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Based on aggregate information from My MarketBeat watchlists, some companies that other PacWest Bancorp investors own include Cisco Systems (CSCO), AT&T (T), Pfizer (PFE), Altria Group (MO), Wells Fargo & Company (WFC), Verizon Communications (VZ), AbbVie (ABBV), Enterprise Products Partners (EPD), Bank of America (BAC) and JPMorgan Chase & Co. (JPM).

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

PacWest Bancorp's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Private Asset Management Inc. (0.04%), Louisiana State Employees Retirement System (0.03%), State of Alaska Department of Revenue (0.02%), Pacer Advisors Inc. (0.01%), Moody National Bank Trust Division (0.01%) and FDx Advisors Inc. (0.01%). Company insiders that own PacWest Bancorp stock include Christopher D Blake, Mark A Christian, Mark Yung, Paul Robert Burke, Robert A Stine and Susan E Lester.
View institutional ownership trends for PacWest Bancorp.

PACW stock was sold by a variety of institutional investors in the last quarter, including Private Asset Management Inc., State of Alaska Department of Revenue, and Pacer Advisors Inc..
View insider buying and selling activity for PacWest Bancorp or view top insider-selling stocks.

PACW stock was acquired by a variety of institutional investors in the last quarter, including Moody National Bank Trust Division, FDx Advisors Inc., Carolina Wealth Advisors LLC, Louisiana State Employees Retirement System, and Huntington National Bank. Company insiders that have bought PacWest Bancorp stock in the last two years include Christopher D Blake, Mark Yung, Paul Robert Burke, Robert A Stine, and Susan E Lester.
View insider buying and selling activity for PacWest Bancorp or or view top insider-buying stocks.

Shares of PACW 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 PACW stock can currently be purchased for approximately $39.87.

PacWest Bancorp has a market capitalization of $4.66 billion and generates $1.36 billion in revenue each year. The financial services provider earns $468.64 million in net income (profit) each year or $3.90 on an earnings per share basis.

PacWest Bancorp employs 1,700 workers across the globe.

The official website for PacWest Bancorp is www.pacwestbancorp.com.

PacWest Bancorp is headquartered at 9701 Wilshire Boulevard Suite 700, Beverly Hills CA, 90212.

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.