NASDAQ:PPBI

Pacific Premier Bancorp (PPBI) Stock Price, News & Analysis

$23.82
+0.35 (+1.49%)
(As of 05/17/2024 ET)
Today's Range
$23.34
$23.89
50-Day Range
$21.24
$24.02
52-Week Range
$17.86
$30.13
Volume
417,180 shs
Average Volume
581,543 shs
Market Capitalization
$2.30 billion
P/E Ratio
183.24
Dividend Yield
5.54%
Price Target
$26.33

Pacific Premier Bancorp MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
10.6% Upside
$26.33 Price Target
Short Interest
Healthy
1.68% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.99mentions of Pacific Premier Bancorp in the last 14 days
Based on 8 Articles This Week
Insider Trading
Selling Shares
$110,118 Sold Last Quarter
Proj. Earnings Growth
4.49%
From $1.78 to $1.86 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.03 out of 5 stars

Finance Sector

284th out of 864 stocks

State Commercial Banks Industry

67th out of 177 stocks

PPBI stock logo

About Pacific Premier Bancorp Stock (NASDAQ:PPBI)

Pacific Premier Bancorp, Inc. operates as the bank holding company for Pacific Premier Bank that provides various banking products and services in the United States. The company accepts deposit products, which includes checking, money market, savings accounts, and certificates of deposit. Its loan portfolio includes commercial real estate owner and non-owner-occupied, multifamily, construction and land, franchise real estate secured, and small business administration (SBA); revolving lines of credit, term loans, seasonal loans, and loans secured by liquid collateral; one-to-four family and home equity lines of credit loans; and small balance personal unsecured loans and savings account secured loans. It also offers cash management, online and mobile banking, and treasury management services, as well as payment processing, remote capture, and automated clearing house payment capabilities. In addition, it operates as a custodian for alternative assets held in qualified self-directed IRA accounts, including investments in private equity, real estate, notes, cash, and other non-exchange traded assets; and provides real-property and non-real property escrow services. The company serves small and middle-market businesses, corporations, professionals, real estate investors, non-profit organizations, and consumers. The company was founded in 1983 and is headquartered in Irvine, California.

PPBI Stock Price History

PPBI Stock News Headlines

Q1 2024 Pacific Premier Bancorp Inc Earnings Call
Pacific Premier Bancorp Inc
PPBI Sep 2024 30.000 put
Q4 2023 Pacific Premier Bancorp Inc Earnings Call
See More Headlines
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Company Calendar

Last Earnings
4/24/2024
Ex-Dividend for 5/13 Dividend
5/03/2024
Dividend Payable
5/13/2024
Today
5/18/2024
Next Earnings (Estimated)
7/25/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
State commercial banks
Sub-Industry
N/A
Current Symbol
NASDAQ:PPBI
Employees
1,345
Year Founded
1983

Price Target and Rating

Average Stock Price Target
$26.33
High Stock Price Target
$28.00
Low Stock Price Target
$25.00
Potential Upside/Downside
+10.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
6 Analysts

Profitability

Net Income
$30.85 million
Pretax Margin
1.83%

Debt

Sales & Book Value

Annual Sales
$386.15 million
Cash Flow
$2.50 per share
Book Value
$30.10 per share

Miscellaneous

Free Float
94,301,000
Market Cap
$2.30 billion
Optionable
Optionable
Beta
1.21

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PPBI Stock Analysis - Frequently Asked Questions

Should I buy or sell Pacific Premier Bancorp stock right now?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Pacific Premier Bancorp in the last twelve months. There are currently 3 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" PPBI shares.
View PPBI analyst ratings
or view top-rated stocks.

What is Pacific Premier Bancorp's stock price target for 2024?

6 Wall Street analysts have issued 1-year target prices for Pacific Premier Bancorp's stock. Their PPBI share price targets range from $25.00 to $28.00. On average, they anticipate the company's share price to reach $26.33 in the next year. This suggests a possible upside of 10.6% from the stock's current price.
View analysts price targets for PPBI
or view top-rated stocks among Wall Street analysts.

How have PPBI shares performed in 2024?

Pacific Premier Bancorp's stock was trading at $29.11 on January 1st, 2024. Since then, PPBI shares have decreased by 18.2% and is now trading at $23.82.
View the best growth stocks for 2024 here
.

When is Pacific Premier Bancorp's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, July 25th 2024.
View our PPBI earnings forecast
.

How were Pacific Premier Bancorp's earnings last quarter?

Pacific Premier Bancorp, Inc. (NASDAQ:PPBI) released its quarterly earnings results on Wednesday, April, 24th. The financial services provider reported $0.49 earnings per share for the quarter, beating analysts' consensus estimates of $0.48 by $0.01. The financial services provider earned $239.21 million during the quarter, compared to analysts' expectations of $166.98 million. Pacific Premier Bancorp had a trailing twelve-month return on equity of 6.92% and a net margin of 24.75%. During the same quarter last year, the company posted $0.66 earnings per share.

How often does Pacific Premier Bancorp pay dividends? What is the dividend yield for Pacific Premier Bancorp?

Pacific Premier Bancorp declared a quarterly dividend on Wednesday, April 24th. Shareholders of record on Monday, May 6th will be given a dividend of $0.33 per share on Monday, May 13th. This represents a $1.32 dividend on an annualized basis and a dividend yield of 5.54%. The ex-dividend date is Friday, May 3rd.
Read our dividend analysis for PPBI
.

Is Pacific Premier Bancorp a good dividend stock?

Pacific Premier Bancorp (NASDAQ:PPBI) pays an annual dividend of $1.32 per share and currently has a dividend yield of 5.62%. PPBI has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 1,015.38%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, PPBI will have a dividend payout ratio of 70.97% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for PPBI.

What ETFs hold Pacific Premier Bancorp's stock?
What is Steve Gardner's approval rating as Pacific Premier Bancorp's CEO?

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.

What other stocks do shareholders of Pacific Premier Bancorp own?

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).

Who are Pacific Premier Bancorp's major shareholders?

Pacific Premier Bancorp's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (11.71%), William Blair Investment Management LLC (1.38%), Sei Investments Co. (0.70%), Assenagon Asset Management S.A. (0.56%), Principal Financial Group Inc. (0.52%) and BNP PARIBAS ASSET MANAGEMENT Holding S.A. (0.43%). Insiders that own company stock include Barbara Polsky, Edward Earl Wilcox, Jaynie M Studenmund, Jeff C Jones, Joseph L Garrett, Lori R Wright, Michael S Karr, Sherri V Scott, Steven R Gardner, Tamara Wendoll and Tom Rice.
View institutional ownership trends
.

How do I buy shares of Pacific Premier Bancorp?

Shares of PPBI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:PPBI) was last updated on 5/19/2024 by MarketBeat.com Staff

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