NASDAQ:PPBIPacific Premier Bancorp Stock Price, Forecast & News

$22.22

-0.73 (-3.18 %)

(As of 05/28/2020 04:00 PM ET)

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Today's Range

$22.09

Now: $22.22▼

$23.54

50-Day Range

$16.67

MA: $18.94▼

$21.55

52-Week Range

$13.93

Now: $22.22▼

$34.90

Volume721,300 shs

Average Volume544,713 shs

Market Capitalization$1.33 billion

P/E Ratio9.14

Dividend Yield4.36%

Beta1.36

Pacific Premier Bancorp, Inc. operates as the bank holding company for Pacific Premier Bank that provides banking services to businesses, professionals, real estate investors, and non-profit organizations. The company accepts deposit products, such as checking, money market, and savings accounts; and certificates of deposit. Its loan products include commercial business loans, lines of credit, small business administration loans, commercial real estate loans, agribusiness loans, home equity lines of credit, construction loans, farmland, and consumer loans, as well as multi-family residential, one-to-four family real estate, commercial and industrial, and franchise lending; and credit facilities to Homeowners' Associations (HOA) and HOA management companies. The company also offers cash management, electronic banking, and online bill payment services. It operates 44 full-service depository branches in the counties of Orange, Los Angeles, Riverside, San Bernardino, San Diego, San Luis Obispo, and Santa Barbara, California; Pima and Maricopa Counties, Arizona; Clark County, Nevada; and Clark County, Washington. Pacific Premier Bancorp, Inc. was founded in 1983 and is headquartered in Irvine, California.

Beat the Market (BTM) Rank^™

2.4 Analyst's Opinion

Consensus Rating
Pacific Premier Bancorp has received a consensus rating of Buy. The company's average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $25.00, Pacific Premier Bancorp has a potential upside of 12.5% from its current price of $22.22.
Amount of Analyst Coverage
Pacific Premier Bancorp has only been the subject of 2 research reports in the past 90 days.

2.5 Community Rank

Outperform Votes
Pacific Premier Bancorp has received 315 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Pacific Premier Bancorp has received 315 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Pacific Premier Bancorp has received 50.00% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Pacific Premier Bancorp and other stocks. Vote “Outperform” if you believe PPBI will outperform the S&P 500 over the long term. Vote “Underperform” if you believe PPBI will underperform the S&P 500 over the long term. You may vote once every thirty days.

3.3 Dividend Strength

Dividend Leadership
Pacific Premier Bancorp is a leading dividend payer. It pays a dividend yield of 4.36%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
Pacific Premier Bancorp does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Pacific Premier Bancorp is 38.46 %. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Pacific Premier Bancorp will have a dividend payout ratio of 47.17 % next year. This indicates that Pacific Premier Bancorp will be able to sustain or increase its dividend.

4.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Pacific Premier Bancorp insiders have bought more of their company's stock than they have sold. Specifically, they have bought $7,665.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 2.81% of the stock of Pacific Premier Bancorp is held by insiders.
Percentage Held by Institutions
89.15% of the stock of Pacific Premier Bancorp is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.8 Earnings and Valuation

Earnings Growth
Earnings for Pacific Premier Bancorp are expected to grow by 47.22% in the coming year, from $1.44 to $2.12 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Pacific Premier Bancorp is 9.14, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 14.97.
Price to Earnings Ratio vs. Sector
The P/E ratio of Pacific Premier Bancorp is 9.14, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 19.38.
Price to Book Value per Share Ratio
Pacific Premier Bancorp has a P/B Ratio of 0.67. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

3.19 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry State commercial banks

Sub-IndustryN/A

SectorFinance

Current SymbolNASDAQ:PPBI

Previous Symbol

CUSIPN/A

CIK1028918

Webwww.ppbi.com

Phone949-864-8000

Debt

Debt-to-Equity Ratio0.37

Current Ratio1.00

Quick Ratio1.00

Price-To-Earnings

Trailing P/E Ratio9.14

Forward P/E Ratio15.43

P/E GrowthN/A

Sales & Book Value

Annual Sales$561.34 million

Price / Sales2.37

Cash Flow$2.89 per share

Price / Cash Flow7.70

Book Value$33.40 per share

Price / Book0.67

Profitability

EPS (Most Recent Fiscal Year)$2.60

Net Income$159.72 million

Net Margins26.17%

Return on Equity7.35%

Return on Assets1.24%

Miscellaneous

Employees1,006

Outstanding Shares59,967,000

Market Cap$1.33 billion

Next Earnings Date7/28/2020 (Estimated)

OptionableOptionable

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Pacific Premier Bancorp (NASDAQ:PPBI) Frequently Asked Questions

How has Pacific Premier Bancorp's stock been impacted by COVID-19 (Coronavirus)?

Pacific Premier Bancorp's stock was trading at $18.73 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, PPBI shares have increased by 18.6% and is now trading at $22.22. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Pacific Premier Bancorp?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Pacific Premier Bancorp in the last year. There are currently 1 hold rating and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Pacific Premier Bancorp.

When is Pacific Premier Bancorp's next earnings date?

Pacific Premier Bancorp is scheduled to release its next quarterly earnings announcement on Tuesday, July 28th 2020. View our earnings forecast for Pacific Premier Bancorp.

How were Pacific Premier Bancorp's earnings last quarter?

Pacific Premier Bancorp, Inc. (NASDAQ:PPBI) announced its earnings results on Tuesday, April, 28th. The financial services provider reported $0.43 EPS for the quarter, missing the consensus estimate of $0.47 by $0.04. The financial services provider earned $123.65 million during the quarter, compared to analysts' expectations of $114.89 million. Pacific Premier Bancorp had a return on equity of 7.35% and a net margin of 26.17%. During the same quarter in the previous year, the business earned $0.62 earnings per share. View Pacific Premier Bancorp's earnings history.

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

Pacific Premier Bancorp announced a quarterly dividend on Friday, April 24th. Stockholders of record on Friday, May 8th will be paid a dividend of $0.25 per share on Friday, May 15th. This represents a $1.00 annualized dividend and a yield of 4.50%. The ex-dividend date of this dividend is Thursday, May 7th. View Pacific Premier Bancorp's dividend history.

What price target have analysts set for PPBI?

4 equities research analysts have issued twelve-month target prices for Pacific Premier Bancorp's shares. Their forecasts range from $25.00 to $25.00. On average, they anticipate Pacific Premier Bancorp's stock price to reach $25.00 in the next year. This suggests a possible upside of 12.5% from the stock's current price. View analysts' price targets for Pacific Premier Bancorp.

Has Pacific Premier Bancorp been receiving favorable news coverage?

News coverage about PPBI stock has trended positive this week, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Pacific Premier Bancorp earned a news impact score of 3.0 on InfoTrie's scale. They also gave news articles about the financial services provider a news buzz of 7.0 out of 10, indicating that recent press coverage is likely to have an impact on the stock's share price in the near future. View the latest news aboutPacific Premier Bancorp.

Are investors shorting Pacific Premier Bancorp?

Pacific Premier Bancorp saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 3,280,000 shares, an increase of 9.3% from the April 30th total of 3,000,000 shares. Based on an average daily volume of 594,500 shares, the days-to-cover ratio is presently 5.5 days. Approximately 5.6% of the shares of the stock are short sold. View Pacific Premier Bancorp's Current Options Chain.

Who are some of Pacific Premier Bancorp's key competitors?

Some companies that are related to Pacific Premier Bancorp include First Financial Bankshares (FFIN), First Citizens BancShares (FCNCA), Glacier Bancorp (GBCI), Western Alliance Bancorporation (WAL), Popular (BPOP), Bank Ozk (OZK), United Bankshares (UBSI), Bank of Hawaii (BOH), Wintrust Financial (WTFC), CVB Financial (CVBF), Home Bancshares (HOMB), IBERIABANK (IBKC), Independent Bank (INDB), Bancorpsouth Bank (BXS) and Associated Banc (ASB). View all competitors.

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), Oracle (ORCL), Pattern Energy Group (PEGI), Caterpillar (CAT), Cohu (COHU), Dicks Sporting Goods (DKS), Innovus Pharmaceuticals (INNV), JPMorgan Chase & Co. (JPM), Schlumberger (SLB) and Visa (V).

Who are Pacific Premier Bancorp's key executives?

Pacific Premier Bancorp's management team includes the following people:

Mr. Steven R. Gardner, Chairman, Pres & CEO (Age 58)
Mr. Ronald J. Nicolas Jr., Sr. EVP & CFO (Age 60)
Ms. Lori R. Wright, Exec. VP & Chief Accounting Officer (Age 39)
Mr. Steven R. Arnold, Sr. EVP, Gen. Counsel & Corp. Sec. (Age 49)
Mr. Mark D. Whalen, Chief Lending Officer & Sr. VP

What is Pacific Premier Bancorp's stock symbol?

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

Who are Pacific Premier Bancorp's major shareholders?

Pacific Premier Bancorp's stock is owned by many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (14.41%), State Street Corp (3.70%), Invesco Ltd. (2.23%), Emerald Advisers LLC (1.84%), The Manufacturers Life Insurance Company (1.84%) and GW&K Investment Management LLC (1.67%). Company insiders that own Pacific Premier Bancorp stock include Christopher Porcelli, Don M Griffith, Edward Earl Wilcox, Joseph L Garrett, Ronald J Jr Nicolas, Simone Lagomarsino, Steven R Gardner and Tom Rice. View institutional ownership trends for Pacific Premier Bancorp.

Which institutional investors are selling Pacific Premier Bancorp stock?

PPBI stock was sold by a variety of institutional investors in the last quarter, including Janus Henderson Group PLC, JPMorgan Chase & Co., Morgan Stanley, Morgan Stanley, BlackRock Inc., Russell Investments Group Ltd., Arizona State Retirement System, and Citigroup Inc.. Company insiders that have sold Pacific Premier Bancorp company stock in the last year include Christopher Porcelli, Edward Earl Wilcox, Steven R Gardner, and Tom Rice. View insider buying and selling activity for Pacific Premier Bancorp.

Which institutional investors are buying Pacific Premier Bancorp stock?

PPBI stock was purchased by a variety of institutional investors in the last quarter, including Investment Counselors of Maryland LLC, Chartwell Investment Partners LLC, Emerald Advisers LLC, Invesco Ltd., State Street Corp, GW&K Investment Management LLC, ClariVest Asset Management LLC, and Emerald Mutual Fund Advisers Trust. Company insiders that have bought Pacific Premier Bancorp stock in the last two years include Joseph L Garrett, and Ronald J Jr Nicolas. View insider buying and selling activity for Pacific Premier Bancorp.

How do I buy shares of Pacific Premier Bancorp?

Shares of PPBI 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, Robinhood, Fidelity, and Charles Schwab.

What is Pacific Premier Bancorp's stock price today?

One share of PPBI stock can currently be purchased for approximately $22.22.

How big of a company is Pacific Premier Bancorp?

Pacific Premier Bancorp has a market capitalization of $1.33 billion and generates $561.34 million in revenue each year. The financial services provider earns $159.72 million in net income (profit) each year or $2.60 on an earnings per share basis. Pacific Premier Bancorp employs 1,006 workers across the globe.

What is Pacific Premier Bancorp's official website?

The official website for Pacific Premier Bancorp is www.ppbi.com.

How can I contact Pacific Premier Bancorp?

Pacific Premier Bancorp's mailing address is 17901 VON KARMAN AVENUE SUITE 1200, IRVINE CA, 92614. The financial services provider can be reached via phone at 949-864-8000 or via email at [email protected]

This page was last updated on 5/28/2020 by MarketBeat.com Staff