NASDAQ:PACW - PacWest Bancorp Stock Price, Price Target & More

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

PacWest Bancorp declared a quarterly dividend on Wednesday, April 25th. Shareholders of record on Monday, May 21st will be paid a dividend of $0.60 per share on Thursday, May 31st. This represents a $2.40 dividend on an annualized basis and a dividend yield of 4.45%. The ex-dividend date is Friday, May 18th. This is a boost from PacWest Bancorp's previous quarterly dividend of $0.50. View PacWest Bancorp's Dividend History.

PacWest Bancorp announced that its Board of Directors has initiated a stock buyback 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 purchase shares of its stock through open market purchases. Stock buyback plans are often an indication that the company's leadership believes its stock is undervalued.

PacWest Bancorp (NASDAQ:PACW) posted its quarterly earnings data on Tuesday, April, 17th. The financial services provider reported $0.93 earnings per share for the quarter, topping analysts' consensus estimates of $0.80 by $0.13. The financial services provider earned $295.06 million during the quarter, compared to the consensus estimate of $288.49 million. PacWest Bancorp had a net margin of 32.53% and a return on equity of 8.34%. During the same quarter last year, the firm posted $0.65 EPS. View PacWest Bancorp's Earnings History.

PacWest Bancorp is scheduled to release their next quarterly earnings announcement on Tuesday, July, 17th 2018. View Earnings Estimates for PacWest Bancorp.

11 equities research analysts have issued 12-month target prices for PacWest Bancorp's shares. Their forecasts range from $49.00 to $59.00. On average, they anticipate PacWest Bancorp's stock price to reach $54.70 in the next twelve months. View Analyst Ratings for PacWest Bancorp.

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

Headlines about PACW stock have trended somewhat positive recently, Accern Sentiment reports. The research group identifies negative and positive news coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. PacWest Bancorp earned a news impact score of 0.20 on Accern's scale. They also gave news coverage about the financial services provider an impact score of 46.10 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the next few days.

PacWest Bancorp's stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (10.86%), Wells Fargo & Company MN (3.64%), Principal Financial Group Inc. (2.89%), Principal Financial Group Inc. (2.89%), Dimensional Fund Advisors LP (2.52%) and Silvercrest Asset Management Group LLC (2.05%). 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, Kori Ogrosky, 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, BlackRock Inc., Victory Capital Management Inc., Wells Fargo & Company MN, Prudential Financial Inc., Neuberger Berman Group LLC, JPMorgan Chase & Co. and FSI Group 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 GW&K Investment Management LLC, Algebris UK Ltd, Interval Partners LP, Schwab Charles Investment Management Inc., Green Square Capital LLC, UBS Group AG, Great Lakes Advisors LLC and Stevens Capital Management LP. 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 $53.98.

PacWest Bancorp has a market capitalization of $6.75 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.