NASDAQ:PGC - Peapack-Gladstone Financial Stock Price, News, & Analysis

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$27.44 -0.35 (-1.26 %)
(As of 05/22/2019 03:25 PM ET)
Previous Close$27.79
Today's Range$27.44 - $27.85
52-Week Range$23.96 - $36.88
Volume929 shs
Average Volume60,520 shs
Market Capitalization$533.60 million
P/E Ratio11.90
Dividend Yield0.72%
Beta1.07
Peapack-Gladstone Financial Corporation operates as the bank holding company for Peapack-Gladstone Bank that provides private banking and wealth management services in the United States. The company operates in two segments, Banking and Private Wealth Management. It offers checking and savings accounts, money market and interest-bearing checking accounts, certificates of deposit, and individual retirement accounts. The company also provides working capital lines of credit, term loans for fixed asset acquisitions, commercial mortgages, multi-family mortgages, and other forms of asset-based financing services; and residential mortgages, home equity lines of credit, and other second mortgage loans. In addition, it offers asset management services; personal trust services, including services as executor, trustee, administrator, custodian, and guardian; and other financial planning, tax preparation, and advisory services. Further, the company operates automated teller machines at 24 locations; and provides telephone and Internet banking, merchant credit card, and customer support sales services. Its private banking clients include businesses, non-profits, and consumers; and wealth management clients comprise individuals, families, foundations, endowments, trusts, and estates. The company operates its private banking locations in Bedminster, Morristown, Princeton, and Teaneck, New Jersey; and wealth management branches in Somerset, Morris, Hunterdon, and Union counties. Peapack-Gladstone Financial Corporation was founded in 1921 and is based in Bedminster, New Jersey.

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Industry, Sector and Symbol

Industry Commercial banks, not elsewhere classified
Sub-IndustryRegional Banks
SectorFinance
Current SymbolNASDAQ:PGC
CUSIP70469910
Phone908-234-0700

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$203.88 million
Cash Flow$2.8347 per share
Book Value$24.76 per share

Profitability

Net Income$44.17 million

Miscellaneous

Employees409
Market Cap$533.60 million
Next Earnings Date7/26/2019 (Estimated)
OptionableOptionable

Peapack-Gladstone Financial (NASDAQ:PGC) Frequently Asked Questions

What is Peapack-Gladstone Financial's stock symbol?

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

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

Peapack-Gladstone Financial announced a quarterly dividend on Monday, April 29th. Investors of record on Thursday, May 9th will be given a dividend of $0.05 per share on Thursday, May 23rd. This represents a $0.20 annualized dividend and a yield of 0.73%. The ex-dividend date of this dividend is Wednesday, May 8th. View Peapack-Gladstone Financial's Dividend History.

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

Peapack-Gladstone Financial Co. (NASDAQ:PGC) announced its quarterly earnings results on Friday, April, 26th. The financial services provider reported $0.58 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.55 by $0.03. The financial services provider earned $41.74 million during the quarter, compared to analysts' expectations of $41.58 million. Peapack-Gladstone Financial had a net margin of 21.04% and a return on equity of 9.73%. View Peapack-Gladstone Financial's Earnings History.

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

Peapack-Gladstone Financial is scheduled to release their next quarterly earnings announcement on Friday, July 26th 2019. View Earnings Estimates for Peapack-Gladstone Financial.

What price target have analysts set for PGC?

3 analysts have issued 1 year price targets for Peapack-Gladstone Financial's stock. Their forecasts range from $36.00 to $37.00. On average, they expect Peapack-Gladstone Financial's stock price to reach $36.50 in the next year. This suggests a possible upside of 33.0% from the stock's current price. View Analyst Price Targets for Peapack-Gladstone Financial.

What is the consensus analysts' recommendation for Peapack-Gladstone Financial?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Peapack-Gladstone Financial in the last year. There are currently 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Peapack-Gladstone Financial.

Has Peapack-Gladstone Financial been receiving favorable news coverage?

News coverage about PGC stock has trended somewhat negative this week, InfoTrie Sentiment Analysis reports. The research firm ranks the sentiment of news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Peapack-Gladstone Financial earned a media sentiment score of -1.1 on InfoTrie's scale. They also gave news stories 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 effect on the company's share price in the next few days.

Who are some of Peapack-Gladstone Financial's key competitors?

What other stocks do shareholders of Peapack-Gladstone Financial own?

Who are Peapack-Gladstone Financial's key executives?

Peapack-Gladstone Financial's management team includes the folowing people:
  • Mr. Douglas L. Kennedy, Pres, CEO & Director (Age 62)
  • Mr. Jeffrey J. Carfora, Sr. EVP & CFO (Age 60)
  • Mr. Robert A. Plante, Exec. VP & COO (Age 59)
  • Mr. John P. Babcock, Sr. EVP & Pres of Peapack Private Wealth Mgmt (Age 61)
  • Ms. Lisa P. Chalkan, Exec. VP & Chief Credit Officer (Age 54)

Who are Peapack-Gladstone Financial's major shareholders?

Peapack-Gladstone Financial's stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (6.39%), Dimensional Fund Advisors LP (6.16%), Boston Partners (3.95%), Wellington Management Group LLP (2.52%), Royce & Associates LP (2.26%) and Renaissance Technologies LLC (1.70%). Company insiders that own Peapack-Gladstone Financial stock include Douglas L Kennedy, James R Lamb, Jeffrey J Carfora, John P Babcock, Richard Debel and Steven A Kass. View Institutional Ownership Trends for Peapack-Gladstone Financial.

Which institutional investors are selling Peapack-Gladstone Financial stock?

PGC stock was sold by a variety of institutional investors in the last quarter, including RMB Capital Management LLC, Wellington Management Group LLP, Boston Partners, Morgan Stanley, Charles Schwab Investment Management Inc., Algert Global LLC, BlackRock Inc. and AQR Capital Management LLC. View Insider Buying and Selling for Peapack-Gladstone Financial.

Which institutional investors are buying Peapack-Gladstone Financial stock?

PGC stock was purchased by a variety of institutional investors in the last quarter, including Hotchkis & Wiley Capital Management LLC, Hotchkis & Wiley Capital Management LLC, Seidman Lawrence B, Dimensional Fund Advisors LP, Renaissance Technologies LLC, Context BH Capital Management LP, EJF Capital LLC and Geode Capital Management LLC. Company insiders that have bought Peapack-Gladstone Financial stock in the last two years include Douglas L Kennedy, Jeffrey J Carfora, Richard Debel and Steven A Kass. View Insider Buying and Selling for Peapack-Gladstone Financial.

How do I buy shares of Peapack-Gladstone Financial?

Shares of PGC 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.

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

One share of PGC stock can currently be purchased for approximately $27.44.

How big of a company is Peapack-Gladstone Financial?

Peapack-Gladstone Financial has a market capitalization of $533.60 million and generates $203.88 million in revenue each year. The financial services provider earns $44.17 million in net income (profit) each year or $2.31 on an earnings per share basis. Peapack-Gladstone Financial employs 409 workers across the globe.

What is Peapack-Gladstone Financial's official website?

The official website for Peapack-Gladstone Financial is http://www.pgbank.com/.

How can I contact Peapack-Gladstone Financial?

Peapack-Gladstone Financial's mailing address is 500 Hills Drive Suite 300, Bedminster NJ, 07921. The financial services provider can be reached via phone at 908-234-0700 or via email at [email protected]


MarketBeat Community Rating for Peapack-Gladstone Financial (NASDAQ PGC)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  137 (Vote Outperform)
Underperform Votes:  139 (Vote Underperform)
Total Votes:  276
MarketBeat's community ratings are surveys of what our community members think about Peapack-Gladstone Financial and other stocks. Vote "Outperform" if you believe PGC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PGC will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 5/22/2019 by MarketBeat.com Staff

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