NASDAQ:PACW - PacWest Bancorp Stock Price, Forecast & News

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

PacWest Bancorp announced a quarterly dividend on Monday, February 3rd. Stockholders of record on Thursday, February 20th will be paid a dividend of $0.60 per share on Friday, February 28th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 6.75%. The ex-dividend date is Wednesday, February 19th. View PacWest Bancorp's Dividend History.

PacWest Bancorp (NASDAQ:PACW) announced its quarterly earnings results on Tuesday, January, 21st. The financial services provider reported $0.98 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.88 by $0.10. The financial services provider had revenue of $273.80 million for the quarter, compared to the consensus estimate of $281.65 million. PacWest Bancorp had a net margin of 34.40% and a return on equity of 9.60%. View PacWest Bancorp's Earnings History.

PacWest Bancorp is scheduled to release their next quarterly earnings announcement on Tuesday, April 21st 2020. View Earnings Estimates for PacWest Bancorp.

7 equities research analysts have issued 1-year price objectives for PacWest Bancorp's stock. Their forecasts range from $37.00 to $45.00. On average, they anticipate PacWest Bancorp's stock price to reach $41.00 in the next year. This suggests a possible upside of 15.4% from the stock's current price. View Analyst Price Targets for PacWest Bancorp.

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PacWest Bancorp in the last year. There are currently 5 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for PacWest Bancorp.

Press coverage about PACW stock has trended neutral on Monday, InfoTrie Sentiment reports. InfoTrie rates the sentiment of news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public 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 0.4 on InfoTrie's scale. They also gave news stories about the financial services provider a news buzz of 9.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the company's share price in the near term. View News Stories for PacWest Bancorp.

Some companies that are related to PacWest Bancorp include PNC Financial Services Group (PNC), Truist Financial (TFC), SunTrust Banks (STI), M&T Bank (MTB), Fifth Third Bancorp (FITB), First Republic Bank (FRC), KeyCorp (KEY), Regions Financial (RF), Huntington Bancshares (HBAN), SVB Financial Group (SIVB), Commerce Bancshares (CBSH), Zions Bancorporation NA (ZION), Signature Bank (SBNY), East West Bancorp (EWBC) and TCF Financial (TCF).

Based on aggregate information from My MarketBeat watchlists, some companies that other PacWest Bancorp investors own include Exxon Mobil (XOM), Cisco Systems (CSCO), AT&T (T), Altria Group (MO), Pfizer (PFE), Verizon Communications (VZ), Las Vegas Sands (LVS), AbbVie (ABBV), Gilead Sciences (Gild) and General Mills (GIS).

PacWest Bancorp's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Principal Financial Group Inc. (3.96%), State Street Corp (3.50%), FMR LLC (2.44%), Goldman Sachs Group Inc. (2.14%), Bank of New York Mellon Corp (1.83%) and Ceredex Value Advisors LLC (1.79%). Company insiders that own PacWest Bancorp stock include Bryan M Corsini, Christopher D Blake, Craig A Carlson, James Pieczynski, John M Eggemeyer III, Mark A Christian, Mark Yung, Matthew P Wagner, 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 Prudential Financial Inc., Renaissance Technologies LLC, FMR LLC, State Street Corp, Sei Investments Co., Seizert Capital Partners LLC, NWQ Investment Management Company LLC and William Blair Investment Management LLC. View Insider Buying and Selling for PacWest Bancorp.

PACW stock was bought by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Victory Capital Management Inc., Vaughan Nelson Investment Management L.P., Heartland Advisors Inc., Bank of America Corp DE, Geode Capital Management LLC, Citigroup Inc. and GW&K Investment Management 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 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, Robinhood, Fidelity and Charles Schwab.

One share of PACW stock can currently be purchased for approximately $35.54.

PacWest Bancorp has a market capitalization of $4.20 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 1,833 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.