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

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$29.46 -0.10 (-0.34 %)
(As of 02/21/2019 04:00 PM ET)
Previous Close$29.56
Today's Range$29.30 - $29.64
52-Week Range$23.96 - $36.88
Volume40,700 shs
Average Volume63,734 shs
Market Capitalization$566.78 million
P/E Ratio12.75
Dividend Yield0.68%
Beta1.02
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 and commercial mortgage, home equity lines of credit, and other second mortgage loans, as well as construction loans. In addition, it offers asset management services; personal trust services, including services as executor, trustee, administrator, custodian, and guardian; corporate trust services comprising services as trustee for pension and profit sharing plans; and other financial planning and advisory services. Further, the company operates automated teller machines at 20 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$2.4367 per share
Book Value$22.11 per share

Profitability

Net Income$44.17 million

Miscellaneous

Employees384
Market Cap$566.78 million
Next Earnings Date4/26/2019 (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 declared a quarterly dividend on Monday, January 28th. Shareholders of record on Thursday, February 7th will be paid a dividend of $0.05 per share on Friday, February 22nd. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.68%. The ex-dividend date is Wednesday, February 6th. 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, January, 25th. The financial services provider reported $0.55 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.57 by $0.02. The financial services provider earned $40.64 million during the quarter, compared to the consensus estimate of $41.58 million. Peapack-Gladstone Financial had a net margin of 21.67% and a return on equity of 10.09%. 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, April 26th 2019. View Earnings Estimates for Peapack-Gladstone Financial.

What price target have analysts set for PGC?

3 Wall Street analysts have issued twelve-month price targets for Peapack-Gladstone Financial's stock. Their predictions range from $36.00 to $37.00. On average, they expect Peapack-Gladstone Financial's share price to reach $36.50 in the next twelve months. This suggests a possible upside of 23.9% 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 stories about PGC stock have been trending somewhat positive recently, according to InfoTrie Sentiment. The research firm scores the sentiment of media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Peapack-Gladstone Financial earned a news impact score of 0.6 on InfoTrie's scale. They also gave media headlines about the financial services provider a news buzz of 1.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the next several 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, Chief Credit Officer & Exec. VP (Age 54)

Who are Peapack-Gladstone Financial's major shareholders?

Peapack-Gladstone Financial's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (6.51%), Dimensional Fund Advisors LP (5.86%), Banc Funds Co. LLC (5.60%), Basswood Capital Management L.L.C. (5.50%), Boston Partners (4.17%) and Royce & Associates LP (2.26%). Company insiders that own Peapack-Gladstone Financial stock include Douglas L Kennedy, Edward A Gramigna Jr, James R Lamb, Jeffrey J Carfora and Steven A Kass. View Institutional Ownership Trends for Peapack-Gladstone Financial.

Which major investors are selling Peapack-Gladstone Financial stock?

PGC stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, ClariVest Asset Management LLC, Banc Funds Co. LLC, Thrivent Financial for Lutherans, Nordea Investment Management AB, Royce & Associates LP, KBC Group NV and Two Sigma Advisers LP. View Insider Buying and Selling for Peapack-Gladstone Financial.

Which major investors are buying Peapack-Gladstone Financial stock?

PGC stock was acquired by a variety of institutional investors in the last quarter, including Boston Partners, Basswood Capital Management L.L.C., Seidman Lawrence B, Dimensional Fund Advisors LP, Brown Advisory Inc., BlackRock Inc., MUFG Securities EMEA plc and Morgan Dempsey Capital Management LLC. Company insiders that have bought Peapack-Gladstone Financial stock in the last two years include Douglas L Kennedy, Edward A Gramigna Jr, Jeffrey J Carfora 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 $29.46.

How big of a company is Peapack-Gladstone Financial?

Peapack-Gladstone Financial has a market capitalization of $566.78 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 384 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:  135 (Vote Outperform)
Underperform Votes:  131 (Vote Underperform)
Total Votes:  266
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 2/21/2019 by MarketBeat.com Staff

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