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DOW   37,986.40
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North Carolina medical marijuana sales begin at Cherokee store
Ukrainian and Western leaders laud US aid package while the Kremlin warns of 'further ruin'
Biden sees a $35 price cap for insulin as a pivotal campaign issue. It’s not that clear-cut
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Autoworkers union celebrates breakthrough win in Tennessee and takes aim at more plants in the South
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
North Carolina medical marijuana sales begin at Cherokee store
Ukrainian and Western leaders laud US aid package while the Kremlin warns of 'further ruin'
Biden sees a $35 price cap for insulin as a pivotal campaign issue. It’s not that clear-cut
'Civil War’ continues box-office campaign at No. 1
Hawaii lawmakers take aim at vacation rentals after Lahaina wildfire amplifies Maui housing crisis
Conservative Brazilians laud Elon Musk at rally in support of ex-president Bolsonaro
Autoworkers union celebrates breakthrough win in Tennessee and takes aim at more plants in the South
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
North Carolina medical marijuana sales begin at Cherokee store
Ukrainian and Western leaders laud US aid package while the Kremlin warns of 'further ruin'
Biden sees a $35 price cap for insulin as a pivotal campaign issue. It’s not that clear-cut
'Civil War’ continues box-office campaign at No. 1
Hawaii lawmakers take aim at vacation rentals after Lahaina wildfire amplifies Maui housing crisis
Conservative Brazilians laud Elon Musk at rally in support of ex-president Bolsonaro
Autoworkers union celebrates breakthrough win in Tennessee and takes aim at more plants in the South
S&P 500   4,967.23
DOW   37,986.40
QQQ   414.65
North Carolina medical marijuana sales begin at Cherokee store
Ukrainian and Western leaders laud US aid package while the Kremlin warns of 'further ruin'
Biden sees a $35 price cap for insulin as a pivotal campaign issue. It’s not that clear-cut
'Civil War’ continues box-office campaign at No. 1
Hawaii lawmakers take aim at vacation rentals after Lahaina wildfire amplifies Maui housing crisis
Conservative Brazilians laud Elon Musk at rally in support of ex-president Bolsonaro
Autoworkers union celebrates breakthrough win in Tennessee and takes aim at more plants in the South
NASDAQ:PGC

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

$24.13
+1.03 (+4.46%)
(As of 04/19/2024 ET)
Today's Range
$22.97
$24.17
50-Day Range
$22.63
$24.50
52-Week Range
$21.58
$31.49
Volume
72,354 shs
Average Volume
75,289 shs
Market Capitalization
$428.31 million
P/E Ratio
8.90
Dividend Yield
0.83%
Price Target
$30.50

Peapack-Gladstone Financial MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
26.4% Upside
$30.50 Price Target
Short Interest
Healthy
3.81% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.25mentions of Peapack-Gladstone Financial in the last 14 days
Based on 2 Articles This Week
Insider Trading
Selling Shares
$135,090 Sold Last Quarter
Proj. Earnings Growth
30.32%
From $2.21 to $2.88 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.33 out of 5 stars

Finance Sector

255th out of 857 stocks

Commercial Banks, Not Elsewhere Classified Industry

10th out of 28 stocks

PGC stock logo

About Peapack-Gladstone Financial Stock (NASDAQ:PGC)

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 Peapack Private. 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 corporate and industrial (C&I) and equipment finance, commercial real estate, multifamily, residential, and consumer lending activities; treasury management services; C&I advisory services; escrow management; deposit generation; investment 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 provides telephone and Internet banking, merchant credit card, and customer support sales services. Its private banking clients include businesses, non-profits, and consumers; wealth management clients comprise individuals, families, foundations, endowments, trusts, and estates; and commercial loan clients include business owners, professionals, retailers, contractors, and real estate investors. The company operates its private banking locations in Bedminster, Morristown, Princeton, and Teaneck, New Jersey; and branches in Somerset, Morris, Hunterdon, and Union counties, as well as operates automated teller machines. Peapack-Gladstone Financial Corporation was founded in 1921 and is headquartered in Bedminster, New Jersey.

PGC Stock Price History

PGC Stock News Headlines

Peapack-Gladstone Bank appoints new senior VP
Double your money before lunch?
Unlike bacterial infections, viral infections can be difficult to treat with medicine. Usually, if you've got a virus, your doctor's best advice is to simply rest and allow your immune system to fight back. Antiviral medications prevent viruses from reproducing, but they can't actually stop the virus. However, scientists may have just found a new way to fight back.
Peapack Private Announces New York City Expansion
Double your money before lunch?
Unlike bacterial infections, viral infections can be difficult to treat with medicine. Usually, if you've got a virus, your doctor's best advice is to simply rest and allow your immune system to fight back. Antiviral medications prevent viruses from reproducing, but they can't actually stop the virus. However, scientists may have just found a new way to fight back.
PGC Apr 2024 22.500 put
Senior Living Communities Near Peapack and Gladstone, NJ
Memory Care Communities Near Peapack and Gladstone, NJ
Peapack Private Moves to Park Avenue
Peapack-Gladstone Financial Corp.
Peapack Gladstone Financial Corp PGC
See More Headlines
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Company Calendar

Last Earnings
1/25/2024
Ex-Dividend for 2/23 Dividend
2/07/2024
Dividend Payable
2/23/2024
Today
4/21/2024
Next Earnings (Estimated)
4/23/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Commercial banks, not elsewhere classified
Sub-Industry
Regional Banks
Current Symbol
NASDAQ:PGC
CUSIP
70469910
Employees
521
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$30.50
High Stock Price Target
$30.50
Low Stock Price Target
$30.50
Potential Upside/Downside
+26.4%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$48.85 million
Pretax Margin
17.82%

Debt

Sales & Book Value

Annual Sales
$377.59 million
Cash Flow
$3.80 per share
Book Value
$32.76 per share

Miscellaneous

Free Float
16,398,000
Market Cap
$428.31 million
Optionable
Optionable
Beta
0.99
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PGC Stock Analysis - Frequently Asked Questions

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

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Peapack-Gladstone Financial in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research 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 target for 2024?

1 analysts have issued 1 year price targets for Peapack-Gladstone Financial's shares. Their PGC share price targets range from $30.50 to $30.50. On average, they predict the company's share price to reach $30.50 in the next year. This suggests a possible upside of 26.4% 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 2024?

Peapack-Gladstone Financial's stock was trading at $29.82 on January 1st, 2024. Since then, PGC shares have decreased by 19.1% and is now trading at $24.13.
View the best growth stocks for 2024 here
.

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

The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 23rd 2024.
View our PGC earnings forecast
.

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

Peapack-Gladstone Financial Co. (NASDAQ:PGC) announced its earnings results on Thursday, January, 25th. The financial services provider reported $0.50 EPS for the quarter, missing analysts' consensus estimates of $0.56 by $0.06. The financial services provider had revenue of $54.27 million for the quarter, compared to analysts' expectations of $54.91 million. Peapack-Gladstone Financial had a net margin of 12.94% and a trailing twelve-month return on equity of 9.03%.

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 Tuesday, December 19th. Investors of record on Thursday, February 8th will be given a dividend of $0.05 per share on Friday, February 23rd. This represents a $0.20 dividend on an annualized basis and a yield of 0.83%. The ex-dividend date is Wednesday, February 7th.
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 0.83%. The dividend payout ratio is 7.38%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PGC will have a dividend payout ratio of 6.94% 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?
Who are Peapack-Gladstone Financial's major shareholders?

Peapack-Gladstone Financial's stock is owned by a variety of retail and institutional investors. Top institutional investors include Denali Advisors LLC (0.05%). Insiders that own company stock include Anthony W Spinelli, Carmen M Bowser, Douglas L Kennedy, Francesco S Rossi, Frank A Cavallaro, Gregory Martin Smith, John P Babcock, Peter D Horst, Robert A Plante, Steven A Kass, Stuart M Vorcheimer, 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:PGC) was last updated on 4/21/2024 by MarketBeat.com Staff

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