NASDAQ:PPBI

Pacific Premier Bancorp Stock Forecast, Price & News

$41.66

+1.36 (+3.37 %)

(As of 03/1/2021 01:32 PM ET)

Add

Compare

Today's Range

$40.64

Now: $41.66▼

$41.69

50-Day Range

$33.25

MA: $36.17▼

$41.26

52-Week Range

$13.93

Now: $41.66▼

$41.97

Volume9,046 shs

Average Volume521,334 shs

Market Capitalization$3.93 billion

P/E Ratio99.19

Dividend Yield2.98%

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 passbook 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, treasury management, and online bill payment services. It operates 41 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.

Headlines

Pacific Premier Bancorp Reaches Analyst Target Price
February 23, 2021 | nasdaq.com

Understanding Pacific Premier Bancorp's Ex-Dividend Date
February 3, 2021 | finance.yahoo.com

We Wouldn't Be Too Quick To Buy Pacific Premier Bancorp, Inc. (NASDAQ:PPBI) Before It Goes Ex-Dividend
February 1, 2021 | finance.yahoo.com

Pacific Premier Bancorp Inc (PPBI) Q4 2020 Earnings Call Transcript
January 26, 2021 | finance.yahoo.com

Pacific Premier Bancorp, Inc. Announces Fourth Quarter 2020 Financial Results and Increases Quarterly Cash Dividend to $0.30 per Share
January 26, 2021 | finance.yahoo.com

Recap: Pacific Premier Bancorp Q4 Earnings
January 26, 2021 | finance.yahoo.com

Pacific Premier Bancorp (PPBI) Q4 Earnings and Revenues Surpass Estimates
January 26, 2021 | finance.yahoo.com

Pacific Premier Bancorp, Inc. to Host Earnings Call
January 26, 2021 | finance.yahoo.com

Bank Stocks Q4 Earnings Due on Jan 26: SNV, UMBF, PPBI, SFNC
January 25, 2021 | finance.yahoo.com

Pacific Premier Bancorp, Inc. Announces Approval of New Stock Repurchase Program
January 12, 2021 | finance.yahoo.com

Pacific Premier Bancorp, Inc. to Announce Fourth Quarter 2020 Financial Results on January 26, 2021
December 31, 2020 | finance.yahoo.com

Does Pacific Premier Bancorp's (NASDAQ:PPBI) Share Price Gain of 46% Match Its Business Performance?
December 28, 2020 | finance.yahoo.com

See More Headlines

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

Employees1,006

Year FoundedN/A

Debt

Debt-to-Equity Ratio0.20

Current Ratio0.86

Quick Ratio0.86

Price-To-Earnings

Trailing P/E Ratio99.19

Forward P/E Ratio71.83

P/E GrowthN/A

Sales & Book Value

Annual Sales$561.34 million

Price / Sales7.00

Cash Flow$3.38 per share

Price / Cash Flow12.32

Book Value$33.90 per share

Price / Book1.23

Profitability

EPS (Most Recent Fiscal Year)$2.60

Net Income$159.72 million

Net Margins5.38%

Return on Equity5.64%

Return on Assets0.82%

Miscellaneous

Outstanding Shares94,386,000

Market Cap$3.93 billion

Next Earnings Date4/27/2021 (Estimated)

OptionableOptionable

MarketRank^™

Overall MarketRank^™

2.21 out of 5 stars

Finance Sector

119th out of 1,938 stocks

State Commercial Banks Industry

20th out of 310 stocks

1.7 Analyst's Opinion

Consensus Rating
Pacific Premier Bancorp has received a consensus rating of Buy. The company's average rating score is 3.33, and is based on 2 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $31.33, Pacific Premier Bancorp has a forecasted downside of 24.5% from its current price of $41.49.
Amount of Analyst Coverage
Pacific Premier Bancorp has only been the subject of 1 research reports in the past 90 days.

2.5 Community Rank

Outperform Votes
Pacific Premier Bancorp has received 327 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Pacific Premier Bancorp has received 329 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Pacific Premier Bancorp has received 50.15% “underperform” 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.

2.5 Dividend Strength

Dividend Yield
Pacific Premier Bancorp pays a meaningful dividend of 2.98%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Pacific Premier Bancorp has only been increasing its dividend for 1 years.
Dividend Coverage
The dividend payout ratio of Pacific Premier Bancorp is 46.15%. 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 55.30% next year. This indicates that Pacific Premier Bancorp will be able to sustain or increase its dividend.

2.5 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 $19,220.00 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
85.17% 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.

1.9 Earnings and Valuation

Earnings Growth
Earnings for Pacific Premier Bancorp are expected to grow by 274.14% in the coming year, from $0.58 to $2.17 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Pacific Premier Bancorp is 98.79, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 32.22.
Price to Earnings Ratio vs. Sector
The P/E ratio of Pacific Premier Bancorp is 98.79, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 22.92.
Price to Book Value per Share Ratio
Pacific Premier Bancorp has a P/B Ratio of 1.22. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

$41.66

+1.36 (+3.37 %)

(As of 03/1/2021 01:32 PM ET)

30 days | 90 days | 365 days | Advanced Chart

Receive PPBI News and Ratings via Email

Sign-up to receive the latest news and ratings for PPBI and its competitors with MarketBeat's FREE daily newsletter.

Pacific Premier Bancorp (NASDAQ:PPBI) Frequently Asked Questions

Is Pacific Premier Bancorp a buy right now?

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Pacific Premier Bancorp in the last twelve months. There are currently 2 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Pacific Premier Bancorp stock.
View analyst ratings for Pacific Premier Bancorp or view top-rated stocks.

What stocks does MarketBeat like better than Pacific Premier Bancorp?

Wall Street analysts have given Pacific Premier Bancorp a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Pacific Premier Bancorp wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Pacific Premier Bancorp's next earnings date?

Pacific Premier Bancorp is scheduled to release its next quarterly earnings announcement on Tuesday, April 27th 2021.
View our earnings forecast for Pacific Premier Bancorp.

How were Pacific Premier Bancorp's earnings last quarter?

Pacific Premier Bancorp, Inc. (NASDAQ:PPBI) released its quarterly earnings data on Monday, January, 25th. The financial services provider reported $0.71 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.56 by $0.15. Pacific Premier Bancorp had a trailing twelve-month return on equity of 5.64% and a net margin of 5.38%. During the same quarter in the previous year, the firm posted $0.69 earnings per share.
View Pacific Premier Bancorp's earnings history.

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

Pacific Premier Bancorp's stock was trading at $18.73 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, PPBI stock has increased by 122.1% and is now trading at $41.60.
View which stocks have been most impacted by COVID-19.

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 Tuesday, January 26th. Shareholders of record on Friday, February 5th will be given a dividend of $0.30 per share on Friday, February 12th. This represents a $1.20 annualized dividend and a yield of 2.88%. The ex-dividend date of this dividend is Thursday, February 4th. This is a positive change from Pacific Premier Bancorp's previous quarterly dividend of $0.28.
View Pacific Premier Bancorp's dividend history.

Is Pacific Premier Bancorp a good dividend stock?

Pacific Premier Bancorp pays an annual dividend of $1.20 per share and currently has a dividend yield of 2.98%. Pacific Premier Bancorp does not yet have a strock track record of dividend growth. The dividend payout ratio of Pacific Premier Bancorp is 46.15%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Pacific Premier Bancorp will have a dividend payout ratio of 55.30% next year. This indicates that Pacific Premier Bancorp will be able to sustain or increase its dividend.
View Pacific Premier Bancorp's dividend history.

What price target have analysts set for PPBI?

3 brokerages have issued 1-year target prices for Pacific Premier Bancorp's stock. Their forecasts range from $25.00 to $40.00. On average, they anticipate Pacific Premier Bancorp's share price to reach $31.33 in the next twelve months. This suggests that the stock has a possible downside of 24.7%.
View analysts' price targets for Pacific Premier Bancorp or view top-rated stocks among Wall Street analysts.

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 60, Pay $1.81M)
Mr. Ronald J. Nicolas Jr., Sr. EVP & CFO (Age 62, Pay $933.79k)
Ms. Lori R. Wright, Exec. VP & Chief Accounting Officer (Age 41)
Mr. Mark D. Whalen, Chief Lending Officer & Sr. VP
Brett Villaume, Sr. VP & Director of Investor Relations
Mr. John Mangold, First VP and Treasurer (Age 45)
Mr. Steven R. Arnold, Corp. Sec. (Age 50)
Mr. Jorge L. DÃaz-Irizarry, VP of Seal Beach Branch and Branch Mang. of Seal Beach Branch (Age 66)
Ms. Katherine Hage, VP and Branch Mang. of San Bernardino Banking Branch
Ms. Diana Treadway, VP of Newport Beach Branch and Branch Mang. of Newport Beach Branch

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

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

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

Some companies that are related to Pacific Premier Bancorp include Signature Bank (SBNY), East West Bancorp (EWBC), Western Alliance Bancorporation (WAL), Commerce Bancshares (CBSH), First Citizens BancShares (FCNCA), Prosperity Bancshares (PB), First Financial Bankshares (FFIN), Popular (BPOP), South State (SSB), Bank OZK (OZK), Glacier Bancorp (GBCI), United Bankshares (UBSI), Wintrust Financial (WTFC), Home Bancshares, Inc. (Conway, AR) (HOMB) and Texas Capital Bancshares (TCBI).
View all of PPBI's 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), 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).

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 a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (14.53%), Dimensional Fund Advisors LP (6.56%), Price T Rowe Associates Inc. MD (6.54%), Starwood Capital Group Management L.L.C. (3.23%), Cardinal Capital Management LLC CT (2.81%) and Aristotle Capital Boston LLC (2.10%). Company insiders that own Pacific Premier Bancorp stock include Christopher Porcelli, Edward Earl Wilcox, Joseph L Garrett, Michael S Karr, Steven R Gardner and Tom Rice.
View institutional ownership trends for Pacific Premier Bancorp.

Which major investors are selling Pacific Premier Bancorp stock?

PPBI stock was sold by a variety of institutional investors in the last quarter, including Aristotle Capital Boston LLC, Wells Fargo & Company MN, Dimensional Fund Advisors LP, Fort Washington Investment Advisors Inc. OH, Renaissance Technologies LLC, Principal Financial Group Inc., Principal Financial Group Inc., and HighTower Advisors LLC.
View insider buying and selling activity for Pacific Premier Bancorp or view top insider-selling stocks.

Which major investors are buying Pacific Premier Bancorp stock?

PPBI stock was acquired by a variety of institutional investors in the last quarter, including Starwood Capital Group Management L.L.C., Price T Rowe Associates Inc. MD, BlackRock Inc., Cardinal Capital Management LLC CT, Brown Advisory Inc., GW&K Investment Management LLC, Beacon Pointe Advisors LLC, and Peregrine Capital Management LLC.
View insider buying and selling activity for Pacific Premier Bancorp or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Pacific Premier Bancorp's stock price today?

One share of PPBI stock can currently be purchased for approximately $41.60.

How much money does Pacific Premier Bancorp make?

Pacific Premier Bancorp has a market capitalization of $3.93 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.

How many employees does Pacific Premier Bancorp have?

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.

Where are Pacific Premier Bancorp's headquarters?

Pacific Premier Bancorp is headquartered at 17901 VON KARMAN AVENUE SUITE 1200, IRVINE CA, 92614.

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 3/1/2021 by MarketBeat.com Staff

30 Days of MarketBeat All Access for $1.00

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 top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your Risk-Free Trial Subscription Here