NASDAQ:PACW PacWest Bancorp Stock Forecast, Price & News Adding Choose a 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. Log In and Add $16.72 +0.46 (+2.83 %) (As of 09/23/2020 11:02 AM ET) Add Compare Share Today's Range$16.51Now: $16.72▼$16.8250-Day Range$16.87MA: $19.09▼$20.5952-Week Range$13.84Now: $16.72▼$40.14Volume13,883 shsAverage Volume1.35 million shsMarket Capitalization$1.95 billionP/E RatioN/ADividend Yield5.93%Beta1.6 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media PacWest Bancorp operates as the holding company for Pacific Western Bank, a state chartered bank that provides commercial banking products and services. The company accepts demand, money market, and time deposits. It also provides real estate loans to professional developers and real estate investors for the acquisition, refinancing, and construction of commercial real estate properties; small business administration loans; asset-based loans for working capital needs; venture capital loans to support the start-up operations of entrepreneurial companies; and equipment-secured loans and leases. In addition, the company offers consumer loans comprising personal loans, auto loans, home equity lines of credit, revolving lines of credit, and other loans. Further, it provides international banking and multi-state deposit services; money market sweep products; investment advisory and asset management services; treasury and cash management services; telephone banking, and online and mobile banking services; and foreign exchange and ATM services. The company offers its products and services to small and mid-sized companies, entrepreneurial businesses and their venture capital, private equity investors, professionals, and other individuals. As of January 31, 2019, it had 74 full-service branches located throughout the state of California; and 1 branch in Durham, North Carolina. The company was formerly known as First Community Bancorp and changed its name to PacWest Bancorp in April 2008. PacWest Bancorp was founded in 1999 and is headquartered in Beverly Hills, California.Read More Beat the Market (BTM) Rank™ 3.3 Analyst's Opinion Consensus RatingPacWest Bancorp has received a consensus rating of Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $27.50, PacWest Bancorp has a forecasted upside of 65.3% from its current price of $16.64.Amount of Analyst CoveragePacWest Bancorp has received no research coverage in the past 90 days. Previous Next 2.4 Community Rank Outperform VotesPacWest Bancorp has received 447 “outperform” votes. (Add your “outperform” vote.)Underperform VotesPacWest Bancorp has received 484 “underperform” votes. (Add your “underperform” vote.)Community SentimentPacWest Bancorp has received 51.99% “underperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about PacWest Bancorp and other stocks. Vote “Outperform” if you believe PACW will outperform the S&P 500 over the long term. Vote “Underperform” if you believe PACW will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 3.3 Dividend Strength Dividend LeadershipPacWest Bancorp is a leading dividend payer. It pays a dividend yield of 5.93%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthPacWest Bancorp has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of PacWest Bancorp is 25.64%. 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 34.25% next year. This indicates that PacWest Bancorp will be able to sustain or increase its dividend. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, PacWest Bancorp insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.39% of the stock of PacWest Bancorp is held by insiders.Percentage Held by Institutions79.90% 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 2.5 Earnings and Valuation Earnings GrowthEarnings for PacWest Bancorp are expected to grow by 50.52% in the coming year, from $1.94 to $2.92 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of PacWest Bancorp is -1.66, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of PacWest Bancorp is -1.66, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioPacWest Bancorp has a P/B Ratio of 0.40. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.3Community Rank: 2.4Dividend Strength: 3.3Insider Behavior: 1.0Valuation: 2.5 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.51 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry National commercial banks Sub-IndustryRegional Banks SectorFinance Current SymbolNASDAQ:PACW Previous Symbol CUSIP69526310 CIK1102112 Webwww.pacwestbancorp.com Phone310-887-8500Debt Debt-to-Equity Ratio0.15 Current Ratio0.91 Quick Ratio0.91Price-To-Earnings Trailing P/E RatioN/A Forward P/E Ratio8.62 P/E GrowthN/A Sales & Book Value Annual Sales$1.36 billion Price / Sales1.43 Cash Flow$4.34 per share Price / Cash Flow3.85 Book Value$41.91 per share Price / Book0.40Profitability EPS (Most Recent Fiscal Year)$3.90 Net Income$468.64 million Net Margins-90.52% Return on Equity7.15% Return on Assets1.12%Miscellaneous Employees1,835 Outstanding Shares116,750,000Market Cap$1.95 billion Next Earnings Date10/21/2020 (Estimated) OptionableOptionable $16.72 +0.46 (+2.83 %) (As of 09/23/2020 11:02 AM ET) 30 days | 90 days | 365 days | Advanced Chart Receive PACW News and Ratings via Email Sign-up to receive the latest news and ratings for PACW and its competitors with MarketBeat's FREE daily newsletter. PacWest Bancorp (NASDAQ:PACW) Frequently Asked Questions How has PacWest Bancorp's stock been impacted by COVID-19? PacWest Bancorp's stock was trading at $25.21 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, PACW stock has decreased by 33.7% and is now trading at $16.72. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of PacWest Bancorp? 6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PacWest Bancorp in the last year. There are currently 3 hold ratings, 2 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for PacWest Bancorp. When is PacWest Bancorp's next earnings date? PacWest Bancorp is scheduled to release its next quarterly earnings announcement on Wednesday, October 21st 2020. View our earnings forecast for PacWest Bancorp. How were PacWest Bancorp's earnings last quarter? PacWest Bancorp (NASDAQ:PACW) posted its quarterly earnings results on Thursday, July, 16th. The financial services provider reported $0.28 EPS for the quarter, missing the consensus estimate of $0.38 by $0.10. The financial services provider earned $295.15 million during the quarter, compared to the consensus estimate of $277.27 million. PacWest Bancorp had a positive return on equity of 7.15% and a negative net margin of 90.52%. The firm's revenue was up 6.4% on a year-over-year basis. During the same quarter last year, the business posted $0.92 earnings per share. View PacWest Bancorp's earnings history. How often does PacWest Bancorp pay dividends? What is the dividend yield for PacWest Bancorp? PacWest Bancorp declared a quarterly dividend on Tuesday, August 18th. Investors of record on Monday, August 31st will be paid a dividend of $0.25 per share on Thursday, September 10th. This represents a $1.00 annualized dividend and a yield of 5.98%. The ex-dividend date is Friday, August 28th. View PacWest Bancorp's dividend history. What price target have analysts set for PACW? 6 analysts have issued 12-month price objectives for PacWest Bancorp's stock. Their forecasts range from $19.00 to $39.00. On average, they anticipate PacWest Bancorp's stock price to reach $27.50 in the next year. This suggests a possible upside of 64.5% from the stock's current price. View analysts' price targets for PacWest Bancorp. Are investors shorting PacWest Bancorp? PacWest Bancorp saw a increase in short interest in August. As of August 31st, there was short interest totaling 3,710,000 shares, an increase of 8.5% from the August 15th total of 3,420,000 shares. Based on an average daily trading volume, of 1,230,000 shares, the days-to-cover ratio is currently 3.0 days. Currently, 3.2% of the company's shares are short sold. View PacWest Bancorp's Short Interest. Who are some of PacWest Bancorp's key competitors? Some companies that are related to PacWest Bancorp include Truist Financial (TFC), PNC Financial Services Group (PNC), First Republic Bank (FRC), Fifth Third Bancorp (FITB), M&T Bank (MTB), SVB Financial Group (SIVB), KeyCorp (KEY), Regions Financial (RF), Huntington Bancshares (HBAN), Commerce Bancshares (CBSH), Zions Bancorporation NA (ZION), Prosperity Bancshares (PB), Signature Bank (SBNY), East West Bancorp (EWBC) and Cullen/Frost Bankers (CFR). View all competitors. 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 AT&T (T), Cisco Systems (CSCO), Altria Group (MO), Pfizer (PFE), Wells Fargo & Company (WFC), Verizon Communications (VZ), AbbVie (ABBV), Enterprise Products Partners (EPD), JPMorgan Chase & Co. (JPM) and Bank of America (BAC). Who are PacWest Bancorp's key executives? PacWest Bancorp's management team includes the following people: Mr. Matthew P. Wagner, Pres, CEO & Director (Age 62)Mr. Patrick J. Rusnak, Exec. VP & CFO (Age 55)Mr. James J. Pieczynski, Exec. VP & Vice Chairman (Age 56)Mr. Bryan M. Corsini, Chief Credit Officer & Exec. VP (Age 57)Mr. Laird M. Boulden, Exec. VP & Pres of National Lending Group (Age 61) 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 a number of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (10.55%), FMR LLC (3.22%), Principal Financial Group Inc. (3.19%), Principal Financial Group Inc. (3.19%), Prudential Financial Inc. (2.32%) and Bank of New York Mellon Corp (1.71%). Company insiders that own PacWest Bancorp stock include Christopher D Blake, James Pieczynski, John M Eggemeyer III, Mark A Christian, Mark Yung, Matthew P Wagner, Paul Robert Burke, Robert A Stine and Susan E Lester. View institutional ownership trends for PacWest Bancorp. Which institutional investors are selling PacWest Bancorp stock? PACW stock was sold by a variety of institutional investors in the last quarter, including Silvercrest Asset Management Group LLC, Goldman Sachs Group Inc., Vanguard Group Inc., Principal Financial Group Inc., Principal Financial Group Inc., Seizert Capital Partners LLC, Nuveen Asset Management LLC, and AQR Capital Management LLC. View insider buying and selling activity for PacWest Bancorp. Which institutional investors are buying PacWest Bancorp stock? PACW stock was bought by a variety of institutional investors in the last quarter, including Prudential Financial Inc., FMR LLC, Fisher Asset Management LLC, Charles Schwab Investment Management Inc., Balyasny Asset Management LLC, Raymond James & Associates, Mackay Shields LLC, and EJF Capital LLC. Company insiders that have bought PacWest Bancorp stock in the last two years include Christopher D Blake, James Pieczynski, John M Eggemeyer III, Mark Yung, Matthew P Wagner, Paul Robert Burke, Robert A Stine, and Susan E Lester. View insider buying and selling activity for PacWest Bancorp. How do I buy shares of 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, Robinhood, Fidelity, and Charles Schwab. What is PacWest Bancorp's stock price today? One share of PACW stock can currently be purchased for approximately $16.72. How big of a company is PacWest Bancorp? PacWest Bancorp has a market capitalization of $1.95 billion and generates $1.36 billion in revenue each year. The financial services provider earns $468.64 million in net income (profit) each year or $3.90 on an earnings per share basis. PacWest Bancorp employs 1,835 workers across the globe. What is PacWest Bancorp's official website? The official website for PacWest Bancorp is www.pacwestbancorp.com. How can I contact PacWest Bancorp? 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. This page was last updated on 9/23/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 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. 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