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Egypt's central bank governor resigns as economic woes mount
Target takes a hit after heavy discounts to clear inventory
“No Historic Crash Is Coming, What’s NEXT, Is Much Worse…” (PhD Economist) (Ad)
S&P 500   4,274.04
DOW   33,980.32
QQQ   328.49
Are These 3 Video Game Stocks Now In Play?
The Financial Day of Reckoning Has Begun (Ad)
Agilent Technologies Proves Its Worth VS Illumina 
Target’s Results Cap Upside Potential For Retail Stocks 
Wind energy boom and golden eagles collide in the US West
The Financial Day of Reckoning Has Begun (Ad)
Lowe’s Stands Out Amid Q2 Retail Reports 
Egypt's central bank governor resigns as economic woes mount
Target takes a hit after heavy discounts to clear inventory
“No Historic Crash Is Coming, What’s NEXT, Is Much Worse…” (PhD Economist) (Ad)
S&P 500   4,274.04
DOW   33,980.32
QQQ   328.49
Are These 3 Video Game Stocks Now In Play?
The Financial Day of Reckoning Has Begun (Ad)
Agilent Technologies Proves Its Worth VS Illumina 
Target’s Results Cap Upside Potential For Retail Stocks 
Wind energy boom and golden eagles collide in the US West
The Financial Day of Reckoning Has Begun (Ad)
Lowe’s Stands Out Amid Q2 Retail Reports 
Egypt's central bank governor resigns as economic woes mount
Target takes a hit after heavy discounts to clear inventory
“No Historic Crash Is Coming, What’s NEXT, Is Much Worse…” (PhD Economist) (Ad)
S&P 500   4,274.04
DOW   33,980.32
QQQ   328.49
Are These 3 Video Game Stocks Now In Play?
The Financial Day of Reckoning Has Begun (Ad)
Agilent Technologies Proves Its Worth VS Illumina 
Target’s Results Cap Upside Potential For Retail Stocks 
Wind energy boom and golden eagles collide in the US West
The Financial Day of Reckoning Has Begun (Ad)
Lowe’s Stands Out Amid Q2 Retail Reports 
Egypt's central bank governor resigns as economic woes mount
Target takes a hit after heavy discounts to clear inventory
“No Historic Crash Is Coming, What’s NEXT, Is Much Worse…” (PhD Economist) (Ad)
NASDAQ:PGC

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

$35.96
-0.38 (-1.05%)
(As of 08/17/2022 12:00 AM ET)
Add
Compare
Today's Range
$35.70
$36.07
50-Day Range
$28.00
$36.34
52-Week Range
$27.71
$38.60
Volume
31,196 shs
Average Volume
55,233 shs
Market Capitalization
$654.11 million
P/E Ratio
10.86
Dividend Yield
0.55%
Price Target
N/A

Peapack-Gladstone Financial MarketRank™ Forecast

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Healthy
1.95% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
1.25mentions of Peapack-Gladstone Financial in the last 14 days
Based on 2 Articles This Week
Insider Trading
Selling Shares
$103,850 Sold Last Quarter
Proj. Earnings Growth
1.05%
From $3.80 to $3.84 Per Share

Overall MarketRank

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

2.61 out of 5 stars

Finance Sector

270th out of 932 stocks

Commercial Banks, Not Elsewhere Classified Industry

13th out of 34 stocks

PGC stock logo

About Peapack-Gladstone Financial (NASDAQ:PGC) Stock

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; asset and 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; 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, as well as operates automated teller machines at 20 locations. Peapack-Gladstone Financial Corporation was founded in 1921 and is headquartered in Bedminster, New Jersey.

Peapack-Gladstone Financial Stock Performance

Shares of PGC opened at $36.34 on Wednesday. Peapack-Gladstone Financial has a 12-month low of $27.71 and a 12-month high of $38.60. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.27. The firm has a market cap of $661.02 million, a PE ratio of 10.98 and a beta of 1.13. The company's 50 day simple moving average is $31.13 and its 200-day simple moving average is $33.46.

Peapack-Gladstone Financial (NASDAQ:PGC - Get Rating) last issued its quarterly earnings data on Friday, July 29th. The financial services provider reported $1.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.82 by $0.26. Peapack-Gladstone Financial had a return on equity of 11.73% and a net margin of 25.56%. The firm had revenue of $61.40 million during the quarter, compared to analysts' expectations of $59.40 million. As a group, equities analysts predict that Peapack-Gladstone Financial will post 3.8 EPS for the current year.

Peapack-Gladstone Financial Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, August 25th. Stockholders of record on Thursday, August 11th will be issued a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a dividend yield of 0.55%. The ex-dividend date of this dividend is Wednesday, August 10th. Peapack-Gladstone Financial's dividend payout ratio (DPR) is presently 6.04%.

Insider Activity

In other news, Director Peter D. Horst purchased 2,500 shares of the firm's stock in a transaction on Monday, May 23rd. The stock was purchased at an average cost of $31.49 per share, with a total value of $78,725.00. Following the purchase, the director now owns 10,848 shares in the company, valued at approximately $341,603.52. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, EVP Vincent A. Spero sold 3,113 shares of the company's stock in a transaction on Friday, June 3rd. The shares were sold at an average price of $33.36, for a total transaction of $103,849.68. Following the completion of the sale, the executive vice president now directly owns 40,496 shares of the company's stock, valued at approximately $1,350,946.56. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Peter D. Horst acquired 2,500 shares of the stock in a transaction dated Monday, May 23rd. The stock was bought at an average price of $31.49 per share, for a total transaction of $78,725.00. Following the purchase, the director now owns 10,848 shares of the company's stock, valued at approximately $341,603.52. The disclosure for this purchase can be found here. Corporate insiders own 6.25% of the company's stock.

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PGC Stock News Headlines

PGC Peapack-Gladstone Financial Corporation
Peapack-Gladstone Financials goes ex dividend tomorrow
Peapack Gladstone Financial: Q4 Earnings Insights
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PGC Company Calendar

Ex-Dividend for 5/26 Dividend
5/11/2022
Dividend Payable
5/26/2022
Last Earnings
7/29/2022
Ex-Dividend for 8/25 Dividend
8/10/2022
Today
8/17/2022
Dividend Payable
8/25/2022
Next Earnings (Estimated)
10/27/2022
Fiscal Year End
12/31/2022

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

Profitability

Net Income
$56.62 million
Pretax Margin
34.73%

Debt

Sales & Book Value

Annual Sales
$232.31 million
Cash Flow
$4.10 per share
Book Value
$28.60 per share

Miscellaneous

Free Float
17,053,000
Market Cap
$654.11 million
Optionable
Optionable
Beta
1.13














PGC Stock - Frequently Asked Questions

How have PGC shares performed in 2022?

Peapack-Gladstone Financial's stock was trading at $35.40 at the beginning of the year. Since then, PGC shares have increased by 1.6% and is now trading at $35.96.
View the best growth stocks for 2022 here
.

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

The company is scheduled to release its next quarterly earnings announcement on Thursday, October 27th 2022.
View our PGC earnings forecast
.

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

Peapack-Gladstone Financial Co. (NASDAQ:PGC) issued its quarterly earnings data on Friday, July, 29th. The financial services provider reported $1.08 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.82 by $0.26. The financial services provider had revenue of $61.40 million for the quarter, compared to the consensus estimate of $59.40 million. Peapack-Gladstone Financial had a trailing twelve-month return on equity of 11.73% and a net margin of 25.56%.

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 Thursday, July 28th. Stockholders of record on Thursday, August 11th will be given a dividend of $0.05 per share on Thursday, August 25th. This represents a $0.20 annualized dividend and a yield of 0.56%. The ex-dividend date is Wednesday, August 10th.
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 0.55%. The dividend payout ratio is 6.04%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PGC will have a dividend payout ratio of 5.21% 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 many different retail and institutional investors. Top institutional investors include Banc Funds Co. LLC (4.27%), Brown Advisory Inc. (3.12%), State Street Corp (2.50%), Renaissance Technologies LLC (1.40%), JPMorgan Chase & Co. (1.13%) and Northern Trust Corp (1.12%). Insiders that own company stock include Douglas L Kennedy, Eric H Waser, F Duffield Meyercord, Gregory Martin Smith, Jeffrey J Carfora, John P Babcock, Peter D Horst, Richard Debel, 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 $35.96.

How much money does Peapack-Gladstone Financial make?

Peapack-Gladstone Financial (NASDAQ:PGC) has a market capitalization of $654.11 million and generates $232.31 million in revenue each year. The financial services provider earns $56.62 million in net income (profit) each year or $3.31 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 8/18/2022 by MarketBeat.com Staff

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