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

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

PacWest Bancorp declared a quarterly dividend on Thursday, November 1st. Stockholders of record on Tuesday, November 20th will be given a dividend of $0.60 per share on Friday, November 30th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 5.97%. The ex-dividend date of this dividend is Monday, November 19th. View PacWest Bancorp's Dividend History.

PacWest Bancorp declared that its Board of Directors has approved a share repurchase plan on Monday, February 19th 2018, which allows the company to repurchase $200,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to repurchase shares of its stock through open market purchases. Stock repurchase plans are usually an indication that the company's management believes its shares are undervalued.

PacWest Bancorp (NASDAQ:PACW) released its quarterly earnings data on Tuesday, October, 16th. The financial services provider reported $0.94 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.92 by $0.02. The financial services provider had revenue of $297.23 million for the quarter, compared to analysts' expectations of $301.52 million. PacWest Bancorp had a net margin of 33.60% and a return on equity of 8.95%. During the same period in the previous year, the business earned $0.84 earnings per share. View PacWest Bancorp's Earnings History.

PacWest Bancorp is scheduled to release their next quarterly earnings announcement on Thursday, January 17th 2019. View Earnings Estimates for PacWest Bancorp.

11 brokerages have issued 12 month target prices for PacWest Bancorp's stock. Their predictions range from $48.00 to $59.00. On average, they anticipate PacWest Bancorp's share price to reach $54.75 in the next twelve months. This suggests a possible upside of 36.3% from the stock's current price. View Analyst Price Targets for PacWest Bancorp.

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

Headlines about PACW stock have trended somewhat positive on Wednesday, InfoTrie Sentiment reports. InfoTrie ranks the sentiment of media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. PacWest Bancorp earned a news impact score of 1.7 on InfoTrie's scale. They also assigned media headlines about the financial services provider a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the company's share price in the near future.

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

PacWest Bancorp's stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (11.03%), Wells Fargo & Company MN (3.58%), Janus Henderson Group PLC (3.00%), Dimensional Fund Advisors LP (2.68%), Capital World Investors (2.58%) and Bank of New York Mellon Corp (1.70%). 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, 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 Capital World Investors, Victory Capital Management Inc., Deutsche Bank AG, Fisher Asset Management LLC, Wells Fargo & Company MN, Rafferty Asset Management LLC, Prudential Financial Inc. and Channing Capital Management LLC. 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 Seizert Capital Partners LLC, WBI Investments Inc., Janus Henderson Group PLC, Panagora Asset Management Inc., JPMorgan Chase & Co., First Trust Advisors LP, Barr E S & Co. and BlackRock Inc.. Company insiders that have bought PacWest Bancorp stock in the last two years include Donald D Destino, 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 $40.17.

PacWest Bancorp has a market capitalization of $4.97 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.

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.