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 Friday, February 1st. Shareholders of record on Wednesday, February 20th will be given a dividend of $0.60 per share on Thursday, February 28th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 5.81%. The ex-dividend date of this dividend is Tuesday, February 19th. View PacWest Bancorp's Dividend History.

PacWest Bancorp declared that its Board of Directors has authorized a stock buyback plan on Monday, February 19th 2018, which permits the company to buyback $200,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to reacquire shares of its stock through open market purchases. Stock buyback plans are often a sign that the company's management believes its stock is undervalued.

PacWest Bancorp (NASDAQ:PACW) announced its quarterly earnings data on Thursday, January, 17th. The financial services provider reported $0.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.92 by $0.01. The financial services provider had revenue of $295.29 million for the quarter, compared to the consensus estimate of $297.05 million. PacWest Bancorp had a net margin of 35.33% and a return on equity of 9.64%. During the same period in the prior year, the firm posted $0.66 earnings per share. View PacWest Bancorp's Earnings History.

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

9 brokers have issued twelve-month price targets for PacWest Bancorp's shares. Their predictions range from $38.00 to $58.00. On average, they expect PacWest Bancorp's share price to reach $49.00 in the next year. This suggests a possible upside of 18.6% 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 somewhat positive on Friday, according to InfoTrie Sentiment. InfoTrie scores the sentiment of media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. PacWest Bancorp earned a daily sentiment score of 1.7 on InfoTrie's scale. They also assigned news coverage about the financial services provider a news buzz of 4.0 out of 10, indicating that recent media coverage is somewhat unlikely to have an impact on the company's share price in the near future.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other PacWest Bancorp investors own include Cisco Systems (CSCO), Micron Technology (MU), Applied Materials (AMAT), JPMorgan Chase & Co. (JPM), NVIDIA (NVDA), General Electric (GE), Alibaba Group (BABA), Ford Motor (F), Bank of America (BAC) and Intel (INTC).

PacWest Bancorp's stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (12.88%), Principal Financial Group Inc. (3.43%), Dimensional Fund Advisors LP (2.73%), Bank of New York Mellon Corp (1.73%), Oregon Public Employees Retirement Fund (1.39%) and Raymond James & Associates (1.31%). Company insiders that own PacWest Bancorp stock include Bryan M Corsini, Christopher D Blake, Craig A Carlson, Daniel B Platt, Donald D Destino, 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 M&T Bank Corp, Stifel Financial Corp, D. E. Shaw & Co. Inc., GW&K Investment Management LLC, Channing Capital Management LLC, First Trust Advisors LP, Comerica Bank and State of Tennessee Treasury Department. Company insiders that have sold PacWest Bancorp company stock in the last year include Bryan M Corsini, Christopher D Blake, Craig A Carlson, 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 BlackRock Inc., Oregon Public Employees Retirement Fund, Ceredex Value Advisors LLC, Two Sigma Investments LP, Principal Financial Group Inc., APG Asset Management N.V., Seizert Capital Partners LLC and Context BH Capital Management LP. Company insiders that have bought PacWest Bancorp stock in the last two years include Donald D Destino, 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 $41.33.

PacWest Bancorp has a market capitalization of $5.03 billion and generates $1.31 billion in revenue each year. The financial services provider earns $465.33 million in net income (profit) each year or $3.72 on an earnings per share basis. PacWest Bancorp employs 1,786 workers across the globe.

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.