PacWest Bancorp Stock Forecast, Price & News

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for PacWest Bancorp in the last year. There are currently 4 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" PacWest Bancorp stock.
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PacWest Bancorp is scheduled to release its next quarterly earnings announcement on Thursday, July 15th 2021.
View our earnings forecast for PacWest Bancorp.

PacWest Bancorp (NASDAQ:PACW) announced its earnings results on Monday, April, 19th. The financial services provider reported $1.27 EPS for the quarter, topping analysts' consensus estimates of $0.91 by $0.36. The financial services provider had revenue of $306.10 million for the quarter, compared to analysts' expectations of $291.40 million. PacWest Bancorp had a trailing twelve-month return on equity of 9.84% and a net margin of 27.74%.
View PacWest Bancorp's earnings history.

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 increased by 67.9% and is now trading at $42.32.
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PacWest Bancorp announced a quarterly dividend on Monday, May 3rd. Shareholders of record on Monday, May 17th will be given a dividend of $0.25 per share on Friday, May 28th. This represents a $1.00 annualized dividend and a yield of 2.36%. The ex-dividend date of this dividend is Friday, May 14th.
View PacWest Bancorp's dividend history.

PacWest Bancorp pays an annual dividend of $1.00 per share and currently has a dividend yield of 2.29%. PacWest Bancorp does not yet have a strong track record of dividend growth. The dividend payout ratio of PacWest Bancorp is 47.62%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PacWest Bancorp will have a dividend payout ratio of 24.27% next year. This indicates that PacWest Bancorp will be able to sustain or increase its dividend.
View PacWest Bancorp's dividend history.

5 equities research analysts have issued 1-year target prices for PacWest Bancorp's shares. Their forecasts range from $29.00 to $50.00. On average, they expect PacWest Bancorp's share price to reach $42.17 in the next twelve months. This suggests that the stock has a possible downside of 0.4%.
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1 employees have rated PacWest Bancorp CEO Matthew P. Wagner on Glassdoor.com. Matthew P. Wagner has an approval rating of 100% among PacWest Bancorp's employees. This puts Matthew P. Wagner in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

Some companies that are related to PacWest Bancorp include The PNC Financial Services Group (PNC), Truist Financial (TFC), First Republic Bank (FRC), SVB Financial Group (SIVB), Fifth Third Bancorp (FITB), KeyCorp (KEY), Regions Financial (RF), M&T Bank (MTB), Huntington Bancshares (HBAN), Signature Bank (SBNY), First Horizon (FHN), East West Bancorp (EWBC), Western Alliance Bancorporation (WAL), Zions Bancorporation, National Association (ZION) and Commerce Bancshares (CBSH).
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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).

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

PacWest Bancorp's stock is owned by many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (8.83%), Dimensional Fund Advisors LP (2.99%), Vaughan Nelson Investment Management L.P. (1.84%), Geode Capital Management LLC (1.38%), Goldman Sachs Group Inc. (1.38%) and Bank of New York Mellon Corp (1.12%). Company insiders that own PacWest Bancorp stock include Christopher D Blake, James Pieczynski, Mark A Christian, Mark Yung, Paul Robert Burke, Robert A Stine and Susan E Lester.
View institutional ownership trends for PacWest Bancorp.

PACW stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., Prudential Financial Inc., Arrowstreet Capital Limited Partnership, Carlson Capital L P, BHZ Capital Management LP, Morgan Stanley, Principal Financial Group Inc., and Principal Financial Group Inc..
View insider buying and selling activity for PacWest Bancorp or view top insider-selling stocks.

PACW stock was acquired by a variety of institutional investors in the last quarter, including Vaughan Nelson Investment Management L.P., Boston Partners, Artemis Investment Management LLP, Jennison Associates LLC, Kennedy Capital Management Inc., Peregrine Capital Management LLC, Stieven Capital Advisors L.P., and MESIROW FINANCIAL INVESTMENT MANAGEMENT Equity & Fixed Income. Company insiders that have bought PacWest Bancorp stock in the last two years include Christopher D Blake, Mark Yung, Paul Robert Burke, Robert A Stine, and Susan E Lester.
View insider buying and selling activity for PacWest Bancorp or or view top insider-buying stocks.

Shares of PACW 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.
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One share of PACW stock can currently be purchased for approximately $42.32.

PacWest Bancorp has a market capitalization of $4.95 billion and generates $1.25 billion in revenue each year. The financial services provider earns $-1,237,570,000.00 in net income (profit) each year or $2.10 on an earnings per share basis.

PacWest Bancorp employs 1,700 workers across the globe.

PacWest Bancorp was founded in 1999.

The official website for PacWest Bancorp is www.pacwestbancorp.com.

PacWest Bancorp is headquartered at 9701 Wilshire Boulevard Suite 700, Beverly Hills CA, 90212.

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.