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 Friday, February 1st. Investors of record on Wednesday, February 20th will be paid a dividend of $0.60 per share on Thursday, February 28th. This represents a $2.40 annualized dividend and a dividend yield of 5.82%. The ex-dividend date of this dividend is Tuesday, February 19th. View PacWest Bancorp's Dividend History.

PacWest Bancorp announced that its Board of Directors has initiated a stock repurchase program 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 buy shares of its stock through open market purchases. Shares repurchase programs are generally an indication that the company's leadership believes its stock is undervalued.

PacWest Bancorp (NASDAQ:PACW) issued its quarterly earnings results on Thursday, January, 17th. The financial services provider reported $0.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.92 by $0.01. The financial services provider earned $295.29 million during the quarter, compared to analyst estimates of $297.05 million. PacWest Bancorp had a return on equity of 9.64% and a net margin of 35.33%. During the same quarter in the previous year, the company earned $0.66 EPS. View PacWest Bancorp's Earnings History.

PacWest Bancorp is scheduled to release their next quarterly earnings announcement on Tuesday, April 16th 2019. View Earnings Estimates for PacWest Bancorp.

9 brokers have issued 12-month price targets for PacWest Bancorp's shares. Their predictions range from $38.00 to $58.00. On average, they expect PacWest Bancorp's share price to reach $49.00 in the next twelve months. This suggests a possible upside of 18.9% from the stock's current price. View Analyst Price Targets for PacWest Bancorp.

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PacWest Bancorp in the last year. There are currently 5 hold ratings, 3 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for PacWest Bancorp.

Press coverage about PACW stock has trended somewhat positive recently, according to InfoTrie Sentiment. The research firm scores the sentiment of news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, 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 news headlines about the financial services provider a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the stock's share price in the near term.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other PacWest Bancorp investors own include Cisco Systems (CSCO), Micron Technology (MU), Applied Materials (AMAT), JPMorgan Chase & Co. (JPM), NVIDIA (NVDA), Alibaba Group (BABA), General Electric (GE), Intel (INTC), Ford Motor (F) and Procter & Gamble (PG).

PacWest Bancorp's stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (12.88%), Principal Financial Group Inc. (3.43%), Dimensional Fund Advisors LP (2.73%), Bank of New York Mellon Corp (1.73%), Oregon Public Employees Retirement Fund (1.39%) and Raymond James & Associates (1.31%). Company insiders that own PacWest Bancorp stock include 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 M&T Bank Corp, Stifel Financial Corp, D. E. Shaw & Co. Inc., GW&K Investment Management LLC, Channing Capital Management LLC, First Trust Advisors LP, Comerica Bank and State of Tennessee Treasury Department. Company insiders that have sold PacWest Bancorp company stock in the last year include Bryan M Corsini, Christopher D Blake, Craig A Carlson, James Pieczynski and Stanley R Ivie. View Insider Buying and Selling for PacWest Bancorp.

PACW stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Oregon Public Employees Retirement Fund, Ceredex Value Advisors LLC, Two Sigma Investments LP, Principal Financial Group Inc., APG Asset Management N.V., Seizert Capital Partners LLC and Context BH Capital Management LP. Company insiders that have bought PacWest Bancorp stock in the last two years include Donald D Destino, James Pieczynski, 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 $41.22.

PacWest Bancorp has a market capitalization of $5.02 billion and generates $1.31 billion in revenue each year. The financial services provider earns $465.33 million in net income (profit) each year or $3.72 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.