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

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

PacWest Bancorp announced a quarterly dividend on Wednesday, April 25th. Stockholders of record on Monday, May 21st will be paid a dividend of $0.60 per share on Thursday, May 31st. This represents a $2.40 annualized dividend and a dividend yield of 4.45%. 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 of Directors 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 often a sign that the company's management believes its shares are undervalued.

PacWest Bancorp (NASDAQ:PACW) announced its quarterly earnings data on Tuesday, April, 17th. The financial services provider reported $0.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.80 by $0.13. The financial services provider had revenue of $295.06 million for the quarter, compared to analyst estimates of $288.49 million. PacWest Bancorp had a net margin of 32.53% and a return on equity of 8.34%. During the same quarter in the previous year, the firm posted $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 analysts have issued twelve-month price targets for PacWest Bancorp's stock. Their predictions range from $49.00 to $59.00. On average, they expect PacWest Bancorp's share price to reach $54.70 in the next year. View Analyst Ratings for PacWest Bancorp.

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

News headlines about PACW stock have trended somewhat positive recently, according to Accern Sentiment Analysis. Accern identifies negative and positive news coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of 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 0.08 on Accern's scale. They also assigned press coverage about the financial services provider an impact score of 46.30 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the near future.

PacWest Bancorp's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (10.86%), Wells Fargo & Company MN (3.64%), Principal Financial Group Inc. (2.89%), Principal Financial Group Inc. (2.89%), Dimensional Fund Advisors LP (2.52%) and Silvercrest Asset Management Group LLC (2.05%). 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 Millennium Management LLC, BlackRock Inc., Victory Capital Management Inc., Wells Fargo & Company MN, Prudential Financial Inc., Neuberger Berman Group LLC, JPMorgan Chase & Co. and FSI Group LLC. Company insiders that have sold PacWest Bancorp company stock in the last year include 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 bought by a variety of institutional investors in the last quarter, including GW&K Investment Management LLC, Algebris UK Ltd, Interval Partners LP, Schwab Charles Investment Management Inc., Green Square Capital LLC, UBS Group AG, Great Lakes Advisors LLC and Stevens Capital Management LP. 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 $53.97.

PacWest Bancorp has a market capitalization of $6.82 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.