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S&P 500   4,179.83
DOW   32,908.27
QQQ   347.99
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S&P 500   4,179.83
DOW   32,908.27
QQQ   347.99
Alibaba Unveils Its Spin-Off Plans
This NASDAQ Stock Is The Amazon Of Medical Supply (Ad)
The Most Upgraded Stocks From The Q1 Earnings Season
Oman launches $5B investment fund as part of efforts to diversify oil-dependant economy
This NASDAQ Stock Is The Amazon Of Medical Supply (Ad)
Can the Dow's 2023 Runaway Winners Keep Running?
KLA Shares Soars As Chip Equipment Makers Surge 21% In May
“You need at least $100 of this asset – and it’s NOT gold” – Dr. Nomi Prin (Ad)
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Advance Auto Parts Backfires: Is This A Warning For The S&P 500?
NASDAQ:PGC

Peapack-Gladstone Financial (PGC) Stock Forecast, Price & News

$26.39
-0.64 (-2.37%)
(As of 05/31/2023 ET)
Compare
Today's Range
$25.87
$26.89
50-Day Range
$23.93
$30.43
52-Week Range
$22.88
$42.19
Volume
82,514 shs
Average Volume
68,931 shs
Market Capitalization
$475.55 million
P/E Ratio
6.14
Dividend Yield
0.76%
Price Target
$44.00

Peapack-Gladstone Financial MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
66.7% Upside
$44.00 Price Target
Short Interest
Healthy
1.68% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Acquiring Shares
$192,830 Bought Last Quarter
Proj. Earnings Growth
6.43%
From $3.89 to $4.14 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.90 out of 5 stars

Finance Sector

156th out of 901 stocks

Commercial Banks, Not Elsewhere Classified Industry

5th out of 32 stocks


PGC stock logo

About Peapack-Gladstone Financial (NASDAQ:PGC) Stock

Peapack-Gladstone Financial Corp. is a bank holding company, which engages in the provision of private banking services to businesses, non-profits, and consumers. It operates through the Banking and Peapack Private segments. The Banking segment is involved in the delivery of loan and deposit products to customers. The Peapack Private segment focuses on asset management services for individuals and institutions. The company was founded in August 1997 and is headquartered in Bedminster, NJ.

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PGC Stock News Headlines

We Called (ARWR) In Advance, Which Stocks Are Next?
Nearly 56% gains in 30 days! This bullish trend reversal was not only forecasted by A.I., but we called it 1 – 3 days in advance. If you have any money invested in the markets…even just your retirement, you’ll want to see this. Plus, it’s FREE - the training is only an hour & LIVE.
We Called (ARWR) In Advance, Which Stocks Are Next?
Nearly 56% gains in 30 days! This bullish trend reversal was not only forecasted by A.I., but we called it 1 – 3 days in advance. If you have any money invested in the markets…even just your retirement, you’ll want to see this. Plus, it’s FREE - the training is only an hour & LIVE.
See More Headlines
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PGC Company Calendar

Last Earnings
10/28/2021
Ex-Dividend for 5/22 Dividend
5/05/2023
Dividend Payable
5/22/2023
Today
5/31/2023
Next Earnings (Estimated)
8/04/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Commercial banks, not elsewhere classified
Sub-Industry
Regional Banks
Sector
Finance
Current Symbol
NASDAQ:PGC
CUSIP
70469910
Employees
497
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$44.00
High Stock Price Forecast
$48.00
Low Stock Price Forecast
$41.00
Forecasted Upside/Downside
+66.7%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$74.25 million
Pretax Margin
35.55%

Debt

Sales & Book Value

Annual Sales
$278.29 million
Cash Flow
$4.87 per share
Book Value
$30.80 per share

Miscellaneous

Free Float
16,642,000
Market Cap
$475.55 million
Optionable
Optionable
Beta
1.03

Key Executives

  • Doug Kennedy
    President, Chief Executive Officer & Director
  • Robert A. PlanteRobert A. Plante
    Chief Operating Officer & Executive Vice President
  • Frank A. Cavallaro
    Chief Financial Officer & Senior EVP
  • Kevin B. Runyon
    EVP & Head-Information Technology
  • Maureen E. Hemhauser
    Chief Risk Officer & Head-Compliance













PGC Stock - Frequently Asked Questions

Should I buy or sell Peapack-Gladstone Financial stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Peapack-Gladstone Financial in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" PGC shares.
View PGC analyst ratings
or view top-rated stocks.

What is Peapack-Gladstone Financial's stock price forecast for 2023?

2 brokerages have issued 12-month price targets for Peapack-Gladstone Financial's shares. Their PGC share price forecasts range from $41.00 to $48.00. On average, they anticipate the company's stock price to reach $44.00 in the next twelve months. This suggests a possible upside of 66.7% from the stock's current price.
View analysts price targets for PGC
or view top-rated stocks among Wall Street analysts.

How have PGC shares performed in 2023?

Peapack-Gladstone Financial's stock was trading at $37.22 at the beginning of the year. Since then, PGC shares have decreased by 29.1% and is now trading at $26.39.
View the best growth stocks for 2023 here
.

When is Peapack-Gladstone Financial's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, August 4th 2023.
View our PGC earnings forecast
.

How were Peapack-Gladstone Financial's earnings last quarter?

Peapack-Gladstone Financial Co. (NASDAQ:PGC) posted its earnings results on Thursday, October, 28th. The financial services provider reported $0.74 earnings per share for the quarter, beating the consensus estimate of $0.73 by $0.01. The financial services provider earned $52.99 million during the quarter, compared to the consensus estimate of $51.67 million. Peapack-Gladstone Financial had a trailing twelve-month return on equity of 14.91% and a net margin of 25.70%.

How often does Peapack-Gladstone Financial pay dividends? What is the dividend yield for Peapack-Gladstone Financial?

Peapack-Gladstone Financial declared a quarterly dividend on Tuesday, April 25th. Stockholders of record on Monday, May 8th will be given a dividend of $0.05 per share on Monday, May 22nd. This represents a $0.20 annualized dividend and a dividend yield of 0.76%. The ex-dividend date of this dividend is Friday, May 5th.
Read our dividend analysis for PGC
.

Is Peapack-Gladstone Financial a good dividend stock?

Peapack-Gladstone Financial (NASDAQ:PGC) pays an annual dividend of $0.20 per share and currently has a dividend yield of 0.73%. The dividend payout ratio is 4.65%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PGC will have a dividend payout ratio of 4.83% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for PGC.

What is Douglas Kennedy's approval rating as Peapack-Gladstone Financial's CEO?

13 employees have rated Peapack-Gladstone Financial Chief Executive Officer Douglas Kennedy on Glassdoor.com. Douglas Kennedy has an approval rating of 93% among the company's employees. This puts Douglas Kennedy in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Peapack-Gladstone Financial own?
What is Peapack-Gladstone Financial's stock symbol?

Peapack-Gladstone Financial trades on the NASDAQ under the ticker symbol "PGC."

Who are Peapack-Gladstone Financial's major shareholders?

Peapack-Gladstone Financial's stock is owned by a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (7.75%), Dimensional Fund Advisors LP (7.42%), Peapack Gladstone Financial Corp (5.15%), Boston Partners (4.34%), State Street Corp (2.53%) and JPMorgan Chase & Co. (2.26%). Insiders that own company stock include Anthony W Spinelli, Carmen M Bowser, Douglas L Kennedy, F Duffield Meyercord, Francesco S Rossi, Frank A Cavallaro, Gregory Martin Smith, Jeffrey J Carfora, John P Babcock, Peter D Horst, Robert A Plante, Steven A Kass, Stuart M Vorcheimer, Timothy E Doyle, Todd Poland and Vincent A Spero.
View institutional ownership trends
.

How do I buy shares of Peapack-Gladstone Financial?

Shares of PGC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Peapack-Gladstone Financial's stock price today?

One share of PGC stock can currently be purchased for approximately $26.39.

How much money does Peapack-Gladstone Financial make?

Peapack-Gladstone Financial (NASDAQ:PGC) has a market capitalization of $475.55 million and generates $278.29 million in revenue each year. The financial services provider earns $74.25 million in net income (profit) each year or $4.30 on an earnings per share basis.

How many employees does Peapack-Gladstone Financial have?

The company employs 497 workers across the globe.

How can I contact Peapack-Gladstone Financial?

Peapack-Gladstone Financial's mailing address is 500 HILLS DRIVE, BEDMINSTER NJ, 07921. The official website for the company is www.pgbank.com. The financial services provider can be reached via phone at (908) 234-0700, via email at jcarfora@pgbank.com, or via fax at 908-234-0795.

This page (NASDAQ:PGC) was last updated on 6/1/2023 by MarketBeat.com Staff

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