Pacific Premier Bancorp - PPBI Stock Forecast, Price & News

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Pacific Premier Bancorp in the last year. There are currently 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "strong buy" PPBI shares.
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1 Wall Street research analysts have issued 1 year price targets for Pacific Premier Bancorp's stock. Their PPBI share price forecasts range from $34.00 to $41.00. On average, they predict the company's share price to reach $37.50 in the next year. This suggests a possible upside of 53.0% from the stock's current price.
View analysts price targets for PPBI or view top-rated stocks among Wall Street analysts.

Pacific Premier Bancorp's stock was trading at $31.56 at the start of the year. Since then, PPBI stock has decreased by 22.3% and is now trading at $24.51.
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Pacific Premier Bancorp saw a increase in short interest in March. As of March 15th, there was short interest totaling 2,390,000 shares, an increase of 23.2% from the February 28th total of 1,940,000 shares. Based on an average trading volume of 547,400 shares, the short-interest ratio is currently 4.4 days. Approximately 2.6% of the company's stock are short sold.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 25th 2023.
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Pacific Premier Bancorp, Inc. (NASDAQ:PPBI) posted its quarterly earnings data on Thursday, January, 26th. The financial services provider reported $0.77 EPS for the quarter, missing analysts' consensus estimates of $0.78 by $0.01. The financial services provider had revenue of $238.28 million for the quarter, compared to the consensus estimate of $202.25 million. Pacific Premier Bancorp had a net margin of 33.10% and a trailing twelve-month return on equity of 10.25%. During the same quarter in the prior year, the company earned $0.89 earnings per share.

Pacific Premier Bancorp announced a quarterly dividend on Tuesday, January 24th. Shareholders of record on Friday, February 3rd will be given a dividend of $0.33 per share on Friday, February 10th. This represents a $1.32 dividend on an annualized basis and a yield of 5.39%. The ex-dividend date of this dividend is Thursday, February 2nd.
Read our dividend analysis for PPBI.

ETFs with the largest weight of Pacific Premier Bancorp (NASDAQ:PPBI) stock in their portfolio include Invesco KBW Regional Banking ETF (KBWR), Thrivent Small-Mid Cap ESG ETF (TSME), First Trust NASDAQ ABA Community Bank Index Fund (QABA), Invesco S&P SmallCap Financials ETF (PSCF), Opus Small Cap Value Plus ETF (OSCV), Invesco DWA Financial Momentum ETF (PFI), VictoryShares US Small Cap High Div Volatility Wtd ETF (CSB) and First Trust SMID Cap Rising Dividend Archievers ETF (SDVY).

Pacific Premier Bancorp (NASDAQ:PPBI) pays an annual dividend of $1.32 per share and currently has a dividend yield of 5.34%. PPBI has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 44.44%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PPBI will have a dividend payout ratio of 45.52% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for PPBI.

37 employees have rated Pacific Premier Bancorp Chief Executive Officer Steve Gardner on Glassdoor.com. Steve Gardner has an approval rating of 47% among the company's employees. This puts Steve Gardner in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Pacific Premier Bancorp investors own include AbbVie (ABBV), JPMorgan Chase & Co. (JPM), Oracle (ORCL), Pattern Energy Group (PEGI), Visa (V), Verizon Communications (VZ), Exxon Mobil (XOM), Carnival Co. & (CCL), Cohu (COHU) and DICK'S Sporting Goods (DKS).

Pacific Premier Bancorp trades on the NASDAQ under the ticker symbol "PPBI."

Pacific Premier Bancorp's stock is owned by many different institutional and retail investors. Top institutional investors include Dimensional Fund Advisors LP (6.07%), T. Rowe Price Investment Management Inc. (5.18%), American Century Companies Inc. (3.50%), Cardinal Capital Management LLC CT (2.39%), Macquarie Group Ltd. (2.10%) and Geode Capital Management LLC (1.92%). Insiders that own company stock include Edward Earl Wilcox, Jaynie M Studenmund, Jeff C Jones, Joseph L Garrett, Joseph L Garrett, Michael S Karr, Michael S Karr, Ronald J Jr Nicolas, Sherri V Scott and Steven R Gardner.
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Shares of PPBI 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.
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One share of PPBI stock can currently be purchased for approximately $24.51.

Pacific Premier Bancorp (NASDAQ:PPBI) has a market capitalization of $2.33 billion and generates $857.33 million in revenue each year. The financial services provider earns $283.74 million in net income (profit) each year or $2.97 on an earnings per share basis.

The company employs 1,430 workers across the globe.

Pacific Premier Bancorp's mailing address is 17901 VON KARMAN AVENUE SUITE 1200, IRVINE CA, 92614. The official website for the company is www.ppbi.com. The financial services provider can be reached via phone at (949) 864-8000, via email at bvillaume@ppbi.com, or via fax at 302-655-5049.