Pacific Premier Bancorp - PPBI Stock Forecast, Price & News

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Pacific Premier Bancorp in the last twelve months. There are currently 1 hold rating and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" PPBI shares.
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2 equities research analysts have issued 12 month target prices for Pacific Premier Bancorp's stock. Their PPBI share price forecasts range from $35.00 to $45.00. On average, they anticipate the company's stock price to reach $40.33 in the next year. This suggests a possible upside of 19.8% from the stock's current price.
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Pacific Premier Bancorp's stock was trading at $40.03 at the beginning of 2022. Since then, PPBI shares have decreased by 15.9% and is now trading at $33.68.
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Pacific Premier Bancorp is scheduled to release its next quarterly earnings announcement on Thursday, October 20th 2022.
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Pacific Premier Bancorp, Inc. (NASDAQ:PPBI) announced its quarterly earnings results on Thursday, July, 21st. The financial services provider reported $0.73 EPS for the quarter, beating analysts' consensus estimates of $0.72 by $0.01. The financial services provider earned $195 million during the quarter, compared to analyst estimates of $193.39 million. Pacific Premier Bancorp had a net margin of 38.46% and a trailing twelve-month return on equity of 11.07%. Pacific Premier Bancorp's revenue for the quarter was up 3.9% compared to the same quarter last year. During the same period in the prior year, the company earned $1.01 earnings per share.

Pacific Premier Bancorp announced a quarterly dividend on Friday, July 22nd. Shareholders of record on Monday, August 1st will be given a dividend of $0.33 per share on Friday, August 12th. This represents a $1.32 dividend on an annualized basis and a dividend yield of 3.92%. The ex-dividend date is Friday, July 29th.
Read our dividend analysis for PPBI.

Pacific Premier Bancorp (NASDAQ:PPBI) pays an annual dividend of $1.32 per share and currently has a dividend yield of 3.91%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 40.37%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PPBI will have a dividend payout ratio of 41.25% 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 Brown Advisory Inc. (1.91%), Geneva Capital Management LLC (1.22%), Emerald Mutual Fund Advisers Trust (1.12%), Emerald Advisers LLC (1.08%), Victory Capital Management Inc. (0.93%) and Loomis Sayles & Co. L P (0.66%). Insiders that own company stock include Christopher Porcelli, 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, Steven R Gardner, Steven R Gardner and Tom Rice.
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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 $33.68.

Pacific Premier Bancorp (NASDAQ:PPBI) has a market capitalization of $3.20 billion and generates $804.59 million in revenue each year. The financial services provider earns $339.89 million in net income (profit) each year or $3.27 on an earnings per share basis.

Pacific Premier Bancorp employs 1,520 workers across the globe.

Pacific Premier Bancorp was founded in 1983.

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.