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. Shareholders 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 dividend on an annualized basis and a yield of 4.46%. 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 program on Monday, February 19th 2018, which authorizes the company to repurchase $200,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to reacquire shares of its stock through open market purchases. Shares repurchase programs are generally an indication that the company's board believes its stock is undervalued.

PacWest Bancorp (NASDAQ:PACW) posted its quarterly earnings results on Tuesday, April, 17th. The financial services provider reported $0.93 EPS for the quarter, topping the Thomson Reuters' 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 period in the previous year, the company posted $0.65 EPS. 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 Wall Street analysts have issued 1-year price objectives for PacWest Bancorp's shares. Their forecasts range from $49.00 to $59.00. On average, they expect PacWest Bancorp's share price to reach $54.70 in the next twelve months. View Analyst Ratings for PacWest Bancorp.

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

Headlines about PACW stock have trended somewhat positive on Sunday, according to Accern Sentiment Analysis. The research firm identifies negative and positive media coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. PacWest Bancorp earned a news sentiment score of 0.09 on Accern's scale. They also gave headlines about the financial services provider an impact score of 45.88 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company's share price in the next few days.

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%), Dimensional Fund Advisors LP (2.52%), Silvercrest Asset Management Group LLC (2.05%) and Millennium Management LLC (1.72%). 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 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 $53.87.

PacWest Bancorp has a market capitalization of $6.74 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.