NASDAQ:PACW - PacWest Bancorp Stock Price, Price Target & More

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

PacWest Bancorp declared a quarterly dividend on Wednesday, April 25th. Stockholders of record on Monday, May 21st will be given a dividend of $0.60 per share on Thursday, May 31st. This represents a $2.40 annualized dividend and a dividend yield of 4.90%. The ex-dividend date of this dividend is Friday, May 18th. This is a boost from PacWest Bancorp's previous quarterly dividend of $0.50. View PacWest Bancorp's Dividend History.

PacWest Bancorp declared that its board has initiated a stock repurchase plan on Monday, February 19th 2018, which permits the company to repurchase $200,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to purchase shares of its stock through open market purchases. Shares repurchase plans are generally a sign that the company's leadership believes its shares are undervalued.

PacWest Bancorp (NASDAQ:PACW) released its quarterly earnings data on Tuesday, April, 17th. The financial services provider reported $0.93 EPS for the quarter, topping analysts' consensus estimates of $0.80 by $0.13. The financial services provider had revenue of $295.06 million for the quarter, compared to the consensus estimate of $288.49 million. PacWest Bancorp had a return on equity of 8.34% and a net margin of 32.53%. During the same quarter in the prior year, the business earned $0.65 earnings per share. View PacWest Bancorp's Earnings History.

PacWest Bancorp is scheduled to release their next quarterly earnings announcement on Tuesday, July, 17th 2018. View Earnings Estimates for PacWest Bancorp.

11 brokerages have issued 1 year target prices for PacWest Bancorp's stock. Their forecasts range from $50.00 to $59.00. On average, they expect PacWest Bancorp's stock price to reach $55.90 in the next twelve months. This suggests a possible upside of 14.0% from the stock's current price. View Analyst Ratings for PacWest Bancorp.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PacWest Bancorp in the last year. There are currently 4 hold ratings, 5 buy ratings and 2 strong buy ratings for the stock, resulting in a consensus recommendation of "Buy."

Some companies that are related to PacWest Bancorp include BANCO DO BRASIL/S (BDORY), KeyCorp (KEY), Regions Financial (RF), Shinhan Financial Group (SHG), Huntington Bancshares (HBAN), Comerica (CMA), Zions Bancorp (ZION), Cullen/Frost Bankers (CFR), CIT Group (CIT), Synovus Financial (SNV), BOK Financial (BOKF), Webster Financial (WBS), First Horizon National (FHN), Akbank T.A.S. (AKBTY) and Sterling Bancorp (STL).

Media stories about PACW stock have trended somewhat positive recently, according to Accern. The research group scores the sentiment of press coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. PacWest Bancorp earned a news sentiment score of 0.13 on Accern's scale. They also assigned headlines about the financial services provider an impact score of 46.76 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the near term.

PacWest Bancorp's stock is owned by many different of institutional and retail investors. Top institutional investors include Fisher Asset Management LLC (0.96%), Ledyard National Bank (0.15%), Private Asset Management Inc. (0.11%), LVM Capital Management Ltd. MI (0.10%), Hollencrest Capital Management (0.03%) and State of Alaska Department of Revenue (0.02%). Company insiders that own PacWest Bancorp stock include Barry C Fitzpatrick, Bryan M Corsini, Christopher D Blake, Craig A Carlson, Daniel B Platt, Donald D Destino, James Pieczynski, John M Eggemeyer III, Kori Ogrosky, Mark A Christian, Mark Yung, Matthew P Wagner, Patrick J Rusnak and Stanley R Ivie. View Institutional Ownership Trends for PacWest Bancorp.

PACW stock was sold by a variety of institutional investors in the last quarter, including Fisher Asset Management LLC, Ledyard National Bank and Hollencrest Capital Management. Company insiders that have sold PacWest Bancorp company stock in the last year include Bryan M Corsini, Christopher D Blake, Craig A Carlson, Daniel B Platt, 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 LVM Capital Management Ltd. MI, Harbour Capital Advisors LLC, State of Alaska Department of Revenue, Raymond James Trust N.A., Private Asset Management Inc. and Mckinley Capital Management LLC Delaware. Company insiders that have bought PacWest Bancorp stock in the last two years include Donald D Destino, Mark Yung, Matthew P Wagner and Patrick J Rusnak. 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 $49.02.

PacWest Bancorp has a market capitalization of $6.13 billion and generates $1.18 billion in revenue each year. The financial services provider earns $357.81 million in net income (profit) each year or $2.92 on an earnings per share basis. PacWest Bancorp employs 1,786 workers across the globe.

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.