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 Wednesday, May 1st. Investors of record on Monday, May 20th will be given a dividend of $0.60 per share on Friday, May 31st. This represents a $2.40 annualized dividend and a dividend yield of 6.11%. The ex-dividend date of this dividend is Friday, May 17th. View PacWest Bancorp's Dividend History.

PacWest Bancorp announced that its board has initiated a stock repurchase program 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. Shares buyback programs are generally a sign that the company's board of directors believes its stock is undervalued.

PacWest Bancorp (NASDAQ:PACW) posted its quarterly earnings results on Tuesday, April, 16th. The financial services provider reported $0.92 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.91 by $0.01. The financial services provider earned $285.94 million during the quarter, compared to analyst estimates of $291.86 million. PacWest Bancorp had a return on equity of 9.58% and a net margin of 34.47%. During the same period last year, the company posted $0.93 EPS. View PacWest Bancorp's Earnings History.

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

9 analysts have issued 12 month price objectives for PacWest Bancorp's stock. Their forecasts range from $38.00 to $58.00. On average, they anticipate PacWest Bancorp's stock price to reach $44.8750 in the next twelve months. This suggests a possible upside of 14.3% 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 coverage about PACW stock has trended somewhat positive on Wednesday, InfoTrie Sentiment reports. The research group scores the sentiment of news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. PacWest Bancorp earned a coverage optimism score of 1.8 on InfoTrie's scale. They also gave media headlines about the financial services provider a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the company's share price in the near future. View News Stories for PacWest Bancorp.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other PacWest Bancorp investors own include Cisco Systems (CSCO), General Electric (Ge), Intel (INTC), Micron Technology (MU), JPMorgan Chase & Co. (Jpm), Applied Materials (AMAT), Ford Motor (F), Procter & Gamble (PG), AT&T (T) and NVIDIA (NVDA).

PacWest Bancorp's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (12.68%), Principal Financial Group Inc. (3.82%), Wells Fargo & Company MN (3.79%), Janus Henderson Group PLC (3.27%), FMR LLC (2.13%) and Ceredex Value Advisors LLC (1.68%). Company insiders that own PacWest Bancorp stock include Bryan M Corsini, Christopher D Blake, Craig A Carlson, Daniel B Platt, 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 TimesSquare Capital Management LLC, BlackRock Inc., Victory Capital Management Inc., Vaughan Nelson Investment Management L.P., Monarch Partners Asset Management LLC, Janus Henderson Group PLC, Comerica Bank and FMR LLC. View Insider Buying and Selling for PacWest Bancorp.

PACW stock was bought by a variety of institutional investors in the last quarter, including Ceredex Value Advisors LLC, Principal Financial Group Inc., Lazard Asset Management LLC, Raymond James & Associates, The Manufacturers Life Insurance Company, Federated Investors Inc. PA, First Trust Advisors LP and Seizert Capital Partners LLC. Company insiders that have bought PacWest Bancorp stock in the last two years include 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 $39.27.

PacWest Bancorp has a market capitalization of $4.67 billion and generates $1.31 billion in revenue each year. The financial services provider earns $465.34 million in net income (profit) each year or $3.72 on an earnings per share basis. PacWest Bancorp employs 1,833 workers across the globe.View Additional Information About PacWest Bancorp.

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.