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

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

PacWest Bancorp announced a quarterly dividend on Wednesday, April 25th. Investors of record on Monday, May 21st will be given a dividend of $0.60 per share on Thursday, May 31st. This represents a $2.40 dividend on an annualized basis and a yield of 4.76%. The ex-dividend date is Friday, May 18th. This is a positive change from PacWest Bancorp's previous quarterly dividend of $0.50. View PacWest Bancorp's Dividend History.

PacWest Bancorp declared that its Board of Directors has initiated a share repurchase program 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. Stock buyback programs are typically 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 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.87 by $0.05. The financial services provider earned $301.97 million during the quarter, compared to the consensus estimate of $293.62 million. PacWest Bancorp had a return on equity of 8.70% and a net margin of 33.41%. During the same quarter in the previous year, the business earned $0.77 earnings per share. 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 12-month price objectives for PacWest Bancorp's stock. Their predictions range from $50.00 to $59.00. On average, they anticipate PacWest Bancorp's share price to reach $55.80 in the next twelve months. This suggests a possible upside of 10.7% from the stock's current price. View Analyst Ratings 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."

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), CIT Group (CIT), Synovus Financial (SNV), BOK Financial (BOKF), Webster Financial (WBS), First Horizon National (FHN), Akbank T.A.S. (AKBTY) and Sterling Bancorp (STL).

Media headlines about PACW stock have trended somewhat positive recently, Accern reports. Accern identifies negative and positive media coverage by monitoring more than 20 million news and blog 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 coverage optimism score of 0.11 on Accern's scale. They also assigned news stories about the financial services provider an impact score of 45.11 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the next several days.

PacWest Bancorp's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Fisher Asset Management LLC (0.96%), Channing Capital Management LLC (0.21%), Ledyard National Bank (0.15%), Private Asset Management Inc. (0.11%), LVM Capital Management Ltd. MI (0.10%) and Hennessy Advisors Inc. (0.07%). 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 Fisher Asset Management LLC, Channing Capital Management LLC, Nisa Investment Advisors LLC, LS Investment Advisors LLC, Municipal Employees Retirement System of Michigan, Oakbrook Investments LLC, Ledyard National Bank and Hollencrest Capital Management. 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 LVM Capital Management Ltd. MI, Alpha Windward LLC, Harbour Capital Advisors LLC, State of Alaska Department of Revenue, Raymond James Trust N.A., Private Asset Management Inc., Fox Run Management L.L.C. and Bank of Montreal Can. 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 $50.42.

PacWest Bancorp has a market capitalization of $6.31 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.