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 annualized dividend and a yield of 5.84%. The ex-dividend date of this dividend is Tuesday, February 19th. View PacWest Bancorp's Dividend History.

PacWest Bancorp declared that its board has initiated a stock repurchase plan 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. Stock buyback plans are generally an indication that the company's management believes its shares are undervalued.

PacWest Bancorp (NASDAQ:PACW) posted its quarterly earnings data on Thursday, January, 17th. The financial services provider reported $0.93 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.92 by $0.01. The financial services provider earned $295.29 million during the quarter, compared to analysts' expectations of $297.05 million. PacWest Bancorp had a net margin of 35.33% and a return on equity of 9.64%. During the same quarter in the prior year, the company 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 analysts have issued 1 year target prices 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 $49.00 in the next year. This suggests a possible upside of 19.1% 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 neutral on Saturday, according to InfoTrie Sentiment. The research group scores the sentiment of press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. PacWest Bancorp earned a media sentiment score of 0.2 on InfoTrie's scale. They also gave media headlines about the financial services provider a news buzz of 9.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the company's share price in the near term.

Some companies that are related to PacWest Bancorp include Shinhan Financial Group (SHG), KeyCorp (KEY), 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), Synovus Financial (SNV) and Pinnacle Financial Partners (PNFP).

PacWest Bancorp's stock is owned by many different of institutional and retail investors. Top institutional investors 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., Seizert Capital Partners LLC, Context BH Capital Management LP and Raymond James & Associates. 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 $41.13.

PacWest Bancorp has a market capitalization of $5.01 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.