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NASDAQ:PGC

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

$30.31
+0.40 (+1.34%)
(As of 03/29/2023 12:00 AM ET)
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Compare
Today's Range
$29.79
$30.49
50-Day Range
$29.19
$38.87
52-Week Range
$27.71
$42.19
Volume
118,187 shs
Average Volume
66,555 shs
Market Capitalization
$540.31 million
P/E Ratio
7.58
Dividend Yield
0.66%
Price Target
$44.50

Peapack-Gladstone Financial MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
46.8% Upside
$44.50 Price Target
Short Interest
Healthy
1.39% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.60mentions of Peapack-Gladstone Financial in the last 14 days
Based on 9 Articles This Week
Insider Trading
Balanced
Insiders Both Buying and Selling
Proj. Earnings Growth
6.10%
From $4.26 to $4.52 Per Share

Overall MarketRank

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

2.66 out of 5 stars

Finance Sector

285th out of 892 stocks

Commercial Banks, Not Elsewhere Classified Industry

11th out of 31 stocks


PGC stock logo

About Peapack-Gladstone Financial (NASDAQ:PGC) Stock

Peapack-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.

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PGC Stock News Headlines

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Peapack-Gladstone Financial Corporation (PGC)
See More Headlines
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PGC Company Calendar

Last Earnings
1/26/2023
Ex-Dividend for 2/23 Dividend
2/08/2023
Dividend Payable
2/23/2023
Today
3/30/2023
Next Earnings (Estimated)
5/05/2023
Fiscal Year End
12/31/2023

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

Price Target and Rating

Average Stock Price Forecast
$44.50
High Stock Price Forecast
$48.00
Low Stock Price Forecast
$41.00
Forecasted Upside/Downside
+46.8%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$74.25 million
Pretax Margin
36.78%

Debt

Sales & Book Value

Annual Sales
$242.50 million
Cash Flow
$5.03 per share
Book Value
$29.74 per share

Miscellaneous

Free Float
16,712,000
Market Cap
$540.31 million
Optionable
Optionable
Beta
1.06

Key Executives

  • Doug Kennedy
    President, Chief Executive Officer & Director
  • Robert A. PlanteRobert A. Plante
    Chief Operating Officer & Executive Vice President
  • Frank A. Cavallaro
    Chief Financial Officer & Senior EVP
  • Kevin B. Runyon
    EVP & Head-Information Technology
  • Maureen E. Hemhauser
    Chief Risk Officer & Head-Compliance













PGC Stock - 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 year. 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 forecast for 2023?

1 brokers have issued 12-month price targets for Peapack-Gladstone Financial's stock. Their PGC share price forecasts range from $41.00 to $48.00. On average, they anticipate the company's stock price to reach $44.50 in the next year. This suggests a possible upside of 46.8% 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 beginning of 2023. Since then, PGC shares have decreased by 18.6% and is now trading at $30.31.
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, May 5th 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 data on Thursday, January, 26th. The financial services provider reported $1.12 EPS for the quarter, beating the consensus estimate of $1.11 by $0.01. The financial services provider had revenue of $64.85 million for the quarter, compared to analysts' expectations of $63.32 million. Peapack-Gladstone Financial had a net margin of 26.68% and a trailing twelve-month return on equity of 14.19%.

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 Thursday, January 26th. Shareholders of record on Thursday, February 9th will be paid a dividend of $0.05 per share on Thursday, February 23rd. This represents a $0.20 annualized dividend and a yield of 0.66%. The ex-dividend date of this dividend is Wednesday, February 8th.
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 0.66%. The dividend payout ratio is 5.00%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PGC will have a dividend payout ratio of 4.42% 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 shareholders include Dimensional Fund Advisors LP (7.32%), Banc Funds Co. LLC (4.08%), Boston Partners (3.97%), Brown Advisory Inc. (3.06%), JPMorgan Chase & Co. (2.01%) and Philadelphia Trust Co. (2.01%). Insiders that own company stock include 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 $30.31.

How much money does Peapack-Gladstone Financial make?

Peapack-Gladstone Financial (NASDAQ:PGC) has a market capitalization of $540.31 million and generates $242.50 million in revenue each year. The financial services provider earns $74.25 million in net income (profit) each year or $4.00 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 3/30/2023 by MarketBeat.com Staff