NASDAQ:PACW PacWest Bancorp - PACW Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding PacWest Bancorp Please log in to your account or sign up in order to add this asset to your watchlist. $9.55 +0.29 (+3.13%) (As of 03/24/2023 12:00 AM ET) Add Compare Share Share Today's Range$8.70▼$9.7650-Day Range$9.26▼$29.5852-Week Range$5.00▼$46.50Volume18.87 million shsAverage Volume25.80 million shsMarket Capitalization$1.13 billionP/E Ratio2.83Dividend Yield10.47%Price Target$30.89 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability PacWest Bancorp MarketRank™ ForecastAnalyst RatingHold2.44 Rating ScoreUpside/Downside223.4% Upside$30.89 Price TargetShort InterestHealthy3.58% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainability-0.30Upright™ Environmental ScoreNews Sentiment0.09Based on 48 Articles This WeekInsider TradingAcquiring Shares$1.19 M Bought Last QuarterProj. Earnings Growth8.33%From $3.24 to $3.51 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.3.68 out of 5 starsFinance Sector3rd out of 883 stocksNational Commercial Banks Industry2nd out of 86 stocks 4.2 Analyst's Opinion Consensus RatingPacWest Bancorp has received a consensus rating of Hold. The company's average rating score is 2.44, and is based on 4 buy ratings, 5 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $30.89, PacWest Bancorp has a forecasted upside of 223.4% from its current price of $9.55.Amount of Analyst CoveragePacWest Bancorp has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 5.0 Short Interest Percentage of Shares Shorted3.58% of the float of PacWest Bancorp has been sold short.Short Interest Ratio / Days to CoverPacWest Bancorp has a short interest ratio ("days to cover") of 2.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in PacWest Bancorp has recently decreased by 16.19%, indicating that investor sentiment is improving significantly. Previous Next 3.3 Dividend Strength Dividend LeadershipPacWest Bancorp is a leading dividend payer. It pays a dividend yield of 9.88%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthPacWest Bancorp does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of PacWest Bancorp is 29.59%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, PacWest Bancorp will have a dividend payout ratio of 28.49% next year. This indicates that PacWest Bancorp will be able to sustain or increase its dividend. Previous Next 3.4 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScorePacWest Bancorp has received a 38.55% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is mostly driven by its "Mortgage loans for corporations", "Corporate debit cards", "Consumer savings accounts provided by brick and mortar banks", and "Commercial deposit accounts" products. See details.Environmental SustainabilityThe Environmental Impact score for PacWest Bancorp is -0.30. Previous Next 2.8 News and Social Media Coverage News SentimentPacWest Bancorp has a news sentiment score of 0.09. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.75 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 48 news articles for PacWest Bancorp this week, compared to 4 articles on an average week.Social Mentions This WeekMarketBeat has tracked 1 reddit mention for PacWest Bancorp this week, compared to 5 mentions on an average week.Search Interest210 people have searched for PACW on MarketBeat in the last 30 days. This is an increase of 2,525% compared to the previous 30 days.MarketBeat Follows67 people have added PacWest Bancorp to their MarketBeat watchlist in the last 30 days. This is an increase of 1,575% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, PacWest Bancorp insiders have bought more of their company's stock than they have sold. Specifically, they have bought $1,189,046.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 1.25% of the stock of PacWest Bancorp is held by insiders.Percentage Held by Institutions91.97% of the stock of PacWest Bancorp is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for PacWest Bancorp are expected to grow by 8.33% in the coming year, from $3.24 to $3.51 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of PacWest Bancorp is 2.83, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 122.68.Price to Earnings Ratio vs. SectorThe P/E ratio of PacWest Bancorp is 2.83, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 137.17.Price to Book Value per Share RatioPacWest Bancorp has a P/B Ratio of 0.33. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About PacWest Bancorp (NASDAQ:PACW) StockPacWest Bancorp is a bank holding company, which specializes in financial and banking solutions. It offers commercial banking services including real estate, construction, commercial loans, comprehensive deposit, and treasury management services to small and middle-market businesses through the Pacific Western Bank. The company was founded on October 22, 1999, and is headquartered in Beverly Hills, CA.Read More Receive PACW Stock News and Ratings via Email Sign-up to receive the latest news and ratings for PacWest Bancorp and its competitors with MarketBeat's FREE daily newsletter. Email Address PACW Stock News HeadlinesMarch 17, 2023 | marketbeat.comPacWest Bancorp May Escape a Credit Downgrade After this HappensOngoing concerns in the banking sector have caused credit rating agencies to consider a downgrade for PacWest Bancorp. Hidden trends may wash this decision awayMarch 25, 2023 | finance.yahoo.comPacWest Bancorp (NASDAQ:PACW) Analysts Are Reducing Their Forecasts For This YearMarch 26, 2023 | Investor Place Media (Ad)The "King Of Quants" sees 10X potential...Eric Fry believes he just discovered America's next "Wealth Supercluster" and it's forming in the place you'd least expect. Investors are already flocking there for a chance at 1,000%+ returns. Here's how you could join them before it's too late...March 25, 2023 | americanbankingnews.comFY2023 EPS Estimates for PacWest Bancorp Reduced by DA Davidson (NASDAQ:PACW)March 24, 2023 | benzinga.comGLOBALLY RECOGNIZED ROSEN LAW FIRM Encourages PacWest Bancorp Investors to Inquire About Securities Class Action Investigation - PACWMarch 24, 2023 | finance.yahoo.comOil down, shredding weekly gain, as banking crisis again rears ugly headMarch 24, 2023 | finance.yahoo.comFirst Republic, Deutsche Bank, Chevon, Block fall premarket; Regeneron risesMarch 24, 2023 | americanbankingnews.comPacWest Bancorp Forecasted to Earn Q1 2023 Earnings of $0.74 Per Share (NASDAQ:PACW)March 26, 2023 | Investor Place Media (Ad)The "King Of Quants" sees 10X potential...Eric Fry believes he just discovered America's next "Wealth Supercluster" and it's forming in the place you'd least expect. Investors are already flocking there for a chance at 1,000%+ returns. Here's how you could join them before it's too late...March 23, 2023 | benzinga.comPacWest Bancorp shares are trading lower after Truist Securities maintained a Hold rating on the stock and lowered its price target from $29 to $13.March 23, 2023 | finance.yahoo.comRegional Bank Stocks Rebound. First Republic, PacWest, and Others to Watch.March 23, 2023 | finance.yahoo.comBank Stocks Are Trading Like It’s the Pandemic. What’s Next.March 23, 2023 | finance.yahoo.comFirst Republic shares recover slightly after Yellen comments cause sharp dropMarch 23, 2023 | finance.yahoo.comFirst Republic and PacWest Bancorp Stocks Rebound After Post-Fed LossesMarch 23, 2023 | americanbankingnews.comPacWest Bancorp (NASDAQ:PACW) Stock Price Up 12.5%March 23, 2023 | americanbankingnews.comDA Davidson Trims PacWest Bancorp (NASDAQ:PACW) Target Price to $26.00March 22, 2023 | barrons.comPacWest Bancorp Stock Tumbles After Bank Opts Against Capital RaiseMarch 22, 2023 | msn.comPacWest falls 17% after regional bank discloses deposit outflows, additional liquidityMarch 22, 2023 | finance.yahoo.comPacWest secures $1.4bn of cash from Atlas after deposits fall 20%March 22, 2023 | finanznachrichten.dePacWest Bancorp: Pacific Western Bank Provides Further Update and Details on Financial StrengthMarch 22, 2023 | latimes.comPacWest bank secures $1.4-billion lifeline after drain on depositsMarch 22, 2023 | barrons.comPacWest Bancorp Stock Falls After Bank Opts Against Capital RaiseMarch 22, 2023 | msn.comPacWest Bancorp Lost 20% of Customer Deposits, Raises $1.4 Billion CashMarch 22, 2023 | americanbankingnews.comPacWest Bancorp (NASDAQ:PACW) Upgraded to Buy at DA DavidsonMarch 22, 2023 | wsj.comStocks to Watch Monday: UBS, Credit Suisse, First Republic, PacWest BancorpMarch 22, 2023 | finance.yahoo.comUS STOCKS-Futures muted as investors await Fed rate decision, Powell commentsMarch 22, 2023 | barrons.comThinking about buying stock in New York Community Bancorp, PacWest Bancorp, Bit Digital, Diebold Nixdorf, or HIVE Blockchain?See More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive PACW Stock News and Ratings via Email Sign-up to receive the latest news and ratings for PacWest Bancorp and its competitors with MarketBeat's FREE daily newsletter. Email Address PACW Company Calendar Last Earnings10/17/2021Ex-Dividend for 2/28 Dividend2/14/2023Dividend Payable2/28/2023Today3/26/2023Next Earnings (Estimated)4/18/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry National commercial banks Sub-IndustryRegional Banks SectorFinance Current SymbolNASDAQ:PACW CUSIP69526310 CIK1102112 Webwww.pacwestbancorp.com Phone(310) 887-8500Fax858-756-5797Employees2,438Year Founded1999Price Target and Rating Average Stock Price Forecast$30.89 High Stock Price Forecast$51.00 Low Stock Price Forecast$13.00 Forecasted Upside/Downside+223.4%Consensus RatingHold Rating Score (0-4)2.44 Research Coverage9 Analysts Profitability EPS (Most Recent Fiscal Year)$3.38 Trailing P/E Ratio2.83 Forward P/E Ratio2.95 P/E GrowthN/ANet Income$423.61 million Net Margins25.97% Pretax Margin34.79% Return on Equity13.92% Return on Assets1.19% Debt Debt-to-Equity Ratio0.76 Current Ratio0.89 Quick Ratio0.88 Sales & Book Value Annual Sales$1.63 billion Price / Sales0.69 Cash Flow$5.34 per share Price / Cash Flow1.79 Book Value$29.30 per share Price / Book0.33Miscellaneous Outstanding Shares117,930,000Free Float116,457,000Market Cap$1.13 billion OptionableOptionable Beta1.46 Key ExecutivesPaul W. TaylorPresident, Chief Executive Officer & DirectorMark T. YungChief Operating Officer & Executive VPKevin L. ThompsonChief Financial Officer & Executive Vice PresidentBryan M. CorsiniChief Credit Officer & Executive Vice PresidentChristopher D. BlakeEVP, President & CEO-Community Banking GroupKey CompetitorsNBT BancorpNASDAQ:NBTBTrustmarkNASDAQ:TRMKCityNASDAQ:CHCOFirst Commonwealth FinancialNYSE:FCFBancorpNASDAQ:TBBKView All CompetitorsInsiders & InstitutionsMetLife Investment Management LLCSold 1,464 shares on 3/23/2023Ownership: 0.063%Matthew P WagnerBought 13,885 shares on 3/10/2023Total: $293,251.20 ($21.12/share)Mark YungBought 3,148 shares on 3/10/2023Total: $48,007.00 ($15.25/share)Paul W TaylorBought 19,800 shares on 3/9/2023Total: $439,758.00 ($22.21/share)C William HoslerBought 2,000 shares on 3/9/2023Total: $41,320.00 ($20.66/share)View All Insider TransactionsView All Institutional Transactions PACW Stock - Frequently Asked Questions Should I buy or sell PacWest Bancorp stock right now? 9 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for PacWest Bancorp in the last year. There are currently 5 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" PACW shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PACW, but not buy additional shares or sell existing shares. View PACW analyst ratings or view top-rated stocks. What is PacWest Bancorp's stock price forecast for 2023? 9 equities research analysts have issued 1-year target prices for PacWest Bancorp's shares. Their PACW share price forecasts range from $13.00 to $51.00. On average, they predict the company's share price to reach $30.89 in the next twelve months. This suggests a possible upside of 223.4% from the stock's current price. View analysts price targets for PACW or view top-rated stocks among Wall Street analysts. How have PACW shares performed in 2023? PacWest Bancorp's stock was trading at $22.95 at the beginning of the year. Since then, PACW shares have decreased by 58.4% and is now trading at $9.55. View the best growth stocks for 2023 here. When is PacWest Bancorp's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 18th 2023. View our PACW earnings forecast. How were PacWest Bancorp's earnings last quarter? PacWest Bancorp (NASDAQ:PACW) released its quarterly earnings data on Sunday, October, 17th. The financial services provider reported $1.17 earnings per share for the quarter, topping the consensus estimate of $1.03 by $0.14. The financial services provider had revenue of $327.19 million for the quarter, compared to analysts' expectations of $317.04 million. PacWest Bancorp had a net margin of 25.97% and a trailing twelve-month return on equity of 13.92%. The company's revenue for the quarter was up 13.0% on a year-over-year basis. During the same period in the prior year, the company posted $0.38 EPS. How often does PacWest Bancorp pay dividends? What is the dividend yield for PacWest Bancorp? PacWest Bancorp declared a quarterly dividend on Wednesday, February 1st. Investors of record on Wednesday, February 15th will be paid a dividend of $0.25 per share on Tuesday, February 28th. This represents a $1.00 dividend on an annualized basis and a yield of 10.47%. The ex-dividend date is Tuesday, February 14th. Read our dividend analysis for PACW. What ETFs hold PacWest Bancorp's stock? ETFs with the largest weight of PacWest Bancorp (NASDAQ:PACW) stock in their portfolio include First Trust Financial AlphaDEX Fund (FXO), SPDR S&P Regional Banking ETF (KRE), SPDR S&P Bank ETF (KBE), Direxion Daily Regional Banks Bull 3x Shares (DPST), Invesco KBW Regional Banking ETF (KBWR), First Trust NASDAQ ABA Community Bank Index Fund (QABA), First Trust Small Cap Value AlphaDEX Fund (FYT) and Invesco Zacks Multi-Asset Income ETF (CVY). Is PacWest Bancorp a good dividend stock? PacWest Bancorp (NASDAQ:PACW) pays an annual dividend of $1.00 per share and currently has a dividend yield of 9.88%. PACW has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 29.59%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PACW will have a dividend payout ratio of 28.49% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for PACW. What is Matthew P. Wagner's approval rating as PacWest Bancorp's CEO? 1 employees have rated PacWest Bancorp Chief Executive Officer Matthew P. Wagner on Glassdoor.com. Matthew P. Wagner has an approval rating of 100% among the company's employees. This puts Matthew P. Wagner in the top 10% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of PacWest Bancorp own? 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). What is PacWest Bancorp's stock symbol? PacWest Bancorp trades on the NASDAQ under the ticker symbol "PACW." Who are PacWest Bancorp's major shareholders? PacWest Bancorp's stock is owned by many different institutional and retail investors. Top institutional shareholders include Cardinal Capital Management LLC CT (3.55%), Dimensional Fund Advisors LP (3.10%), Fisher Asset Management LLC (2.20%), American Century Companies Inc. (1.60%), Allspring Global Investments Holdings LLC (1.55%) and Geode Capital Management LLC (1.44%). Insiders that own company stock include Bryan M Corsini, C William Hosler, Christopher D Blake, Daniel B Platt, James Pieczynski, Mark Yung, Matthew P Wagner, Monica L Sparks, Paul W Taylor, Rebecca H Cordes, Susan E Lester and William J Black. View institutional ownership trends. How do I buy shares of PacWest Bancorp? Shares of PACW stock 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. Compare Top Brokerages Here. What is PacWest Bancorp's stock price today? One share of PACW stock can currently be purchased for approximately $9.55. How much money does PacWest Bancorp make? PacWest Bancorp (NASDAQ:PACW) has a market capitalization of $1.13 billion and generates $1.63 billion in revenue each year. The financial services provider earns $423.61 million in net income (profit) each year or $3.38 on an earnings per share basis. How many employees does PacWest Bancorp have? The company employs 2,438 workers across the globe. How can I contact PacWest Bancorp? PacWest Bancorp's mailing address is 9701 Wilshire Boulevard Suite 700, Beverly Hills CA, 90212. The official website for the company is www.pacwestbancorp.com. The financial services provider can be reached via phone at (310) 887-8500 or via fax at 858-756-5797. This page (NASDAQ:PACW) was last updated on 3/26/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 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