NASDAQ:PGC Peapack-Gladstone Financial (PGC) Stock Forecast, Price & News $28.18 +1.46 (+5.46%) (As of 06/2/2023 ET) Add Compare Share Share Today's Range$27.05▼$28.9950-Day Range$23.93▼$30.3652-Week Range$22.88▼$42.19Volume73,512 shsAverage Volume68,759 shsMarket Capitalization$507.80 millionP/E Ratio6.55Dividend Yield0.71%Price Target$44.00 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Peapack-Gladstone Financial MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside56.1% Upside$44.00 Price TargetShort InterestHealthy1.68% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingAcquiring Shares$192,830 Bought Last QuarterProj. Earnings Growth6.43%From $3.89 to $4.14 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.88 out of 5 starsFinance Sector183rd out of 874 stocksCommercial Banks, Not Elsewhere Classified Industry5th out of 31 stocks 3.5 Analyst's Opinion Consensus RatingPeapack-Gladstone Financial has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $44.00, Peapack-Gladstone Financial has a forecasted upside of 56.1% from its current price of $28.18.Amount of Analyst CoveragePeapack-Gladstone Financial has only been the subject of 1 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.68% of the float of Peapack-Gladstone Financial has been sold short.Short Interest Ratio / Days to CoverPeapack-Gladstone Financial has a short interest ratio ("days to cover") of 3.4, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Peapack-Gladstone Financial has recently increased by 9.44%, indicating that investor sentiment is decreasing significantly. Previous Next 1.7 Dividend Strength Dividend YieldPeapack-Gladstone Financial has a dividend yield of 0.76%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthPeapack-Gladstone Financial does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Peapack-Gladstone Financial is 4.65%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Peapack-Gladstone Financial will have a dividend payout ratio of 4.83% next year. This indicates that Peapack-Gladstone Financial will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for PGC. Previous Next 2.4 News and Social Media Coverage News SentimentPeapack-Gladstone Financial has a news sentiment score of 1.36. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.68 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 1 news article for Peapack-Gladstone Financial this week, compared to 1 article on an average week. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Peapack-Gladstone Financial insiders have bought 26.07% more of their company's stock than they have sold. Specifically, they have bought $192,830.00 in company stock and sold $152,950.00 in company stock.Percentage Held by InsidersOnly 7.63% of the stock of Peapack-Gladstone Financial is held by insiders.Percentage Held by Institutions72.99% of the stock of Peapack-Gladstone Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Peapack-Gladstone Financial are expected to grow by 6.43% in the coming year, from $3.89 to $4.14 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Peapack-Gladstone Financial is 6.55, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.41.Price to Earnings Ratio vs. SectorThe P/E ratio of Peapack-Gladstone Financial is 6.55, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 164.19.Price to Book Value per Share RatioPeapack-Gladstone Financial has a P/B Ratio of 0.91. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Peapack-Gladstone Financial (NASDAQ:PGC) StockPeapack-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.Read More Receive PGC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Peapack-Gladstone Financial and its competitors with MarketBeat's FREE daily newsletter. Email Address PGC Stock News HeadlinesMay 22, 2023 | benzinga.comKBRA Affirms Ratings for Peapack-Gladstone Financial CorporationMay 22, 2023 | finance.yahoo.comPeapack-Gladstone Bank Hires John P. O’Gorman, Senior Vice President, Head of Special AssetsJune 3, 2023 | Legacy Research (Affiliate) (Ad)Sell Every Stock, Except ONE (Ticker Revealed)We saw one of the longest bull markets in history, with the S&P surging well over 800% But now the chickens have come home to roost. However, Jeff Clark couldn’t care less because he ignores almost every single stock in the market.May 22, 2023 | americanbankingnews.comPeapack-Gladstone Financial (NASDAQ:PGC) Receives New Coverage from Analysts at StockNews.comMay 15, 2023 | finance.yahoo.comPeapack-Gladstone Bank Hires Vincent J. Mutarelli, Senior Managing Director, Commercial Private BankerMay 5, 2023 | americanbankingnews.comPeapack-Gladstone Financial Co. (NASDAQ:PGC) Director Acquires $24,660.00 in StockMay 3, 2023 | americanbankingnews.comInsider Buying: Peapack-Gladstone Financial Co. (NASDAQ:PGC) COO Purchases 1,500 Shares of StockApril 27, 2023 | msn.comPeapack Gladstone Financial (PGC) Declares $0.05 DividendJune 3, 2023 | Legacy Research (Affiliate) (Ad)Sell Every Stock, Except ONE (Ticker Revealed)We saw one of the longest bull markets in history, with the S&P surging well over 800% But now the chickens have come home to roost. However, Jeff Clark couldn’t care less because he ignores almost every single stock in the market.April 25, 2023 | finance.yahoo.comPeapack-Gladstone Financial Corporation Reports First Quarter Results and Announces 5% Stock Repurchase ProgramApril 25, 2023 | finance.yahoo.comPeapack-Gladstone Financial Corporation Reports First Quarter Results and Announces 5% Stock Repurchase ProgramApril 17, 2023 | finance.yahoo.comBullish insiders bet US$500k on Peapack-Gladstone Financial Corporation (NASDAQ:PGC)April 9, 2023 | americanbankingnews.comPeapack-Gladstone Financial (NASDAQ:PGC) PT Lowered to $43.00 at Keefe, Bruyette & WoodsApril 6, 2023 | msn.comKeefe, Bruyette & Woods Maintains Peapack Gladstone Financial (PGC) Outperform RecommendationApril 3, 2023 | americanbankingnews.comPeapack-Gladstone Financial (NASDAQ:PGC) Rating Lowered to Hold at StockNews.comApril 2, 2023 | barrons.comInvestors Dumped Bank Stocks. Insiders at 2 Small Banks Bought Shares.March 30, 2023 | americanbankingnews.comPeapack-Gladstone Financial Co. (NASDAQ:PGC) CFO Frank A. Cavallaro Acquires 3,280 Shares of StockMarch 30, 2023 | americanbankingnews.comJohn P. Babcock Sells 5,000 Shares of Peapack-Gladstone Financial Co. (NASDAQ:PGC) StockMarch 28, 2023 | americanbankingnews.comReviewing Peapack-Gladstone Financial (NASDAQ:PGC) & VersaBank (NASDAQ:VBNK)March 27, 2023 | finance.yahoo.comHere's Why We Think Peapack-Gladstone Financial (NASDAQ:PGC) Is Well Worth WatchingMarch 25, 2023 | americanbankingnews.comPeapack-Gladstone Financial (NASDAQ:PGC) Upgraded by StockNews.com to BuyFebruary 18, 2023 | finance.yahoo.comInvestors in Peapack-Gladstone Financial (NASDAQ:PGC) have made a return of 27% over the past three yearsJanuary 31, 2023 | finance.yahoo.comDr. Zoya Faynleyb, CAMS, CRCM, CAFP Joins Peapack-Gladstone Bank as Senior Vice President, Deputy Chief Risk Officer, BSA/AML/OFAC OfficerJanuary 26, 2023 | msn.comPeapack-Gladstone Financial GAAP EPS of $1.12, revenue of $64.85MJanuary 26, 2023 | msn.comPeapack-Gladstone Financial GAAP EPS of $1.12 beats by $0.01, revenue of $64.85M beats by $1MJanuary 26, 2023 | finance.yahoo.comPeapack-Gladstone Financial Corporation Reports Strong Fourth Quarter Results, as Net Interest Margin Continues to ExpandJanuary 18, 2023 | finance.yahoo.comPeapack-Gladstone Financial Corporation (NASDAQ:PGC) is a favorite amongst institutional investors who own 75%See More Headlines PGC Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart PGC Company Calendar Last Earnings10/28/2021Ex-Dividend for 5/22 Dividend5/05/2023Dividend Payable5/22/2023Today6/02/2023Next Earnings (Estimated)8/04/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Commercial banks, not elsewhere classified Sub-IndustryRegional Banks SectorFinance Current SymbolNASDAQ:PGC CUSIP70469910 CIK1050743 Webwww.pgbank.com Phone(908) 234-0700Fax908-234-0795Employees497Year FoundedN/APrice Target and Rating Average Stock Price Forecast$44.00 High Stock Price Forecast$48.00 Low Stock Price Forecast$41.00 Forecasted Upside/Downside+56.1%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$4.30 Trailing P/E Ratio6.55 Forward P/E Ratio7.24 P/E GrowthN/ANet Income$74.25 million Net Margins25.70% Pretax Margin35.55% Return on Equity14.91% Return on Assets1.26% Debt Debt-to-Equity Ratio0.25 Current Ratio0.98 Quick Ratio0.98 Sales & Book Value Annual Sales$278.29 million Price / Sales1.82 Cash Flow$5.40 per share Price / Cash Flow5.22 Book Value$30.80 per share Price / Book0.91Miscellaneous Outstanding Shares18,020,000Free Float16,642,000Market Cap$507.80 million OptionableOptionable Beta1.02 Key ExecutivesDoug KennedyPresident, Chief Executive Officer & DirectorRobert A. PlanteChief Operating Officer & Executive Vice PresidentFrank A. CavallaroChief Financial Officer & Senior EVPKevin B. RunyonEVP & Head-Information TechnologyMaureen E. HemhauserChief Risk Officer & Head-ComplianceKey CompetitorsFirst Republic BankNYSE:FRCEsquire FinancialNASDAQ:ESQBanco Latinoamericano de Comercio Exterior, S. A.NYSE:BLXGrupo SupervielleNYSE:SUPVVersaBankNASDAQ:VBNKView All CompetitorsInsiders & InstitutionsBrandywine Global Investment Management LLCBought 28,332 shares on 5/25/2023Ownership: 0.242%Putnam Investments LLCBought 21,682 shares on 5/22/2023Ownership: 0.676%Ameriprise Financial Inc.Bought 9,427 shares on 5/22/2023Ownership: 0.414%JPMorgan Chase & Co.Bought 47,771 shares on 5/18/2023Ownership: 2.261%New York State Common Retirement FundSold 2,504 shares on 5/18/2023Ownership: 0.060%View All Insider TransactionsView All Institutional Transactions 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 equities research analysts 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 predict the company's share price to reach $44.00 in the next year. This suggests a possible upside of 56.1% 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 start of the year. Since then, PGC shares have decreased by 24.3% and is now trading at $28.18. 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) released its quarterly earnings results on Thursday, October, 28th. The financial services provider reported $0.74 EPS for the quarter, topping the consensus estimate of $0.73 by $0.01. The financial services provider had revenue of $52.99 million for 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 dividend on an annualized basis and a yield of 0.71%. The ex-dividend date of this dividend is Friday, May 5th. Read our dividend analysis for PGC. What ETFs hold Peapack-Gladstone Financial's stock? ETFs with the largest weight of Peapack-Gladstone Financial (NASDAQ:PGC) stock in their portfolio include First Trust Dow Jones Select Microcap Index Fund (FDM), AdvisorShares Dorsey Wright Micro-Cap ETF (DWMC), iShares US Small Cap Value Factor ETF (SVAL), First Trust NASDAQ ABA Community Bank Index Fund (QABA), SPDR S&P Regional Banking ETF (KRE).Direxion Daily Regional Banks Bull 3x Shares (DPST), 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 0.76%. 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? Based on aggregate information from My MarketBeat watchlists, some companies that other Peapack-Gladstone Financial investors own include Energy Transfer (ET), Alliance Resource Partners (ARLP), CBL & Associates Properties (CBL), Cornerstone Total Return Fund (CRF), Martin Midstream Partners (MMLP), SandRidge Permian Trust (PER), C3.ai (AI), Cornerstone Strategic Value Fund (CLM), Ford Motor (F) and Frontier Communications (FTR). 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 variety of retail and institutional investors. Top institutional shareholders 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 $28.18. How much money does Peapack-Gladstone Financial make? Peapack-Gladstone Financial (NASDAQ:PGC) has a market capitalization of $507.80 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 6/3/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Peapack-Gladstone Financial Co. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. 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