NASDAQ:PPBI

Pacific Premier Bancorp Stock Forecast, Price & News

$35.36

-0.83 (-2.29 %)

(As of 01/25/2021 12:00 AM ET)

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Today's Range

$34.99

Now: $35.36▼

$36.05

50-Day Range

$29.84

MA: $32.21▼

$36.47

52-Week Range

$13.93

Now: $35.36▼

$37.87

Volume349,129 shs

Average Volume576,781 shs

Market Capitalization$3.34 billion

P/E Ratio84.19

Dividend Yield3.09%

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.

MarketRank^™

Overall MarketRank^™

2.03 out of 5 stars

Finance Sector

229th out of 1,930 stocks

State Commercial Banks Industry

48th out of 307 stocks

1.6 Analyst's Opinion

Consensus Rating
Pacific Premier Bancorp has received a consensus rating of Buy. The company's average rating score is 3.25, and is based on 3 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $28.00, Pacific Premier Bancorp has a forecasted downside of 20.8% from its current price of $35.36.
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 325 “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 50.31% “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 3.09%, higher than the bottom 25% of all stocks that pay dividends.
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 43.08%. 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 51.61% next year. This indicates that Pacific Premier Bancorp will be able to sustain or increase its dividend.

1.7 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Pacific Premier Bancorp insiders have sold 14,631.52% more of their company's stock than they have bought. Specifically, they have bought $5,850.00 in company stock and sold $861,794.00 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 84.19, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 24.47.
Price to Earnings Ratio vs. Sector
The P/E ratio of Pacific Premier Bancorp is 84.19, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 22.07.
Price to Book Value per Share Ratio
Pacific Premier Bancorp has a P/B Ratio of 1.04. 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

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 Ratio84.19

Forward P/E Ratio60.97

P/E GrowthN/A

Sales & Book Value

Annual Sales$561.34 million

Price / Sales5.95

Cash Flow$2.87 per share

Price / Cash Flow12.32

Book Value$33.90 per share

Price / Book1.04

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$3.34 billion

Next Earnings Date1/26/2021 (Confirmed)

OptionableOptionable

$35.36

-0.83 (-2.29 %)

(As of 01/25/2021 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

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Pacific Premier Bancorp (NASDAQ:PPBI) Frequently Asked Questions

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

Pacific Premier Bancorp's stock was trading at $18.73 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, PPBI stock has increased by 88.8% and is now trading at $35.36.
View which stocks have been most impacted by COVID-19.

Is Pacific Premier Bancorp a buy right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Pacific Premier Bancorp in the last year. There are currently 3 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 MarketBeat's top 5 stock picks.

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.

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.

When is Pacific Premier Bancorp's next earnings date?

Pacific Premier Bancorp is scheduled to release its next quarterly earnings announcement on Tuesday, January 26th 2021.
View our earnings forecast for Pacific Premier Bancorp.

How were Pacific Premier Bancorp's earnings last quarter?

Pacific Premier Bancorp, Inc. (NASDAQ:PPBI) posted its earnings results on Sunday, November, 1st. The financial services provider reported $0.70 EPS for the quarter, beating the consensus estimate of $0.49 by $0.21. The financial services provider had revenue of $193.30 million for the quarter, compared to analysts' expectations of $186.95 million. Pacific Premier Bancorp had a net margin of 5.38% and a trailing twelve-month return on equity of 5.64%. During the same quarter in the previous year, the company earned $0.69 EPS.
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 Wednesday, October 28th. Stockholders of record on Friday, November 6th will be given a dividend of $0.28 per share on Friday, November 13th. This represents a $1.12 dividend on an annualized basis and a yield of 3.17%. The ex-dividend date is Thursday, November 5th. This is an increase from Pacific Premier Bancorp's previous quarterly dividend of $0.25.
View Pacific Premier Bancorp's dividend history.

Is Pacific Premier Bancorp a good dividend stock?

Pacific Premier Bancorp pays an annual dividend of $1.12 per share and currently has a dividend yield of 3.09%. The dividend payout ratio of Pacific Premier Bancorp is 43.08%. 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 51.61% 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?

4 analysts have issued twelve-month price objectives for Pacific Premier Bancorp's shares. Their forecasts range from $25.00 to $30.00. On average, they anticipate Pacific Premier Bancorp's share price to reach $28.00 in the next twelve months. This suggests that the stock has a possible downside of 20.8%.
View analysts' price targets for Pacific Premier Bancorp or view Wall Street analyst' top-rated stocks.

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

Some companies that are related to Pacific Premier Bancorp include East West Bancorp (EWBC), Signature Bank (SBNY), Commerce Bancshares (CBSH), Western Alliance Bancorporation (WAL), Prosperity Bancshares (PB), First Citizens BancShares (FCNCA), First Financial Bankshares (FFIN), South State (SSB), Popular (BPOP), Glacier Bancorp (GBCI), Bank OZK (OZK), 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).

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 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 investors include Peregrine Capital Management LLC (0.52%), Hennessy Advisors Inc. (0.11%), State of Alaska Department of Revenue (0.08%), Exchange Traded Concepts LLC (0.02%), Crossmark Global Holdings Inc. (0.01%) and Vanguard Capital Wealth Advisors (0.01%). 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 institutional investors are selling Pacific Premier Bancorp stock?

PPBI stock was sold by a variety of institutional investors in the last quarter, including North Star Investment Management Corp., Hennessy Advisors Inc., State of Alaska Department of Revenue, and Crossmark Global Holdings Inc..
View insider buying and selling activity for Pacific Premier Bancorp or view top insider-selling stocks.

Which institutional investors are buying Pacific Premier Bancorp stock?

PPBI stock was purchased by a variety of institutional investors in the last quarter, including Peregrine Capital Management LLC, Vanguard Capital Wealth Advisors, Unison Advisors LLC, Exchange Traded Concepts LLC, and Nisa Investment Advisors 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.

What is Pacific Premier Bancorp's stock price today?

One share of PPBI stock can currently be purchased for approximately $35.36.

How big of a company is Pacific Premier Bancorp?

Pacific Premier Bancorp has a market capitalization of $3.34 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 1/26/2021 by MarketBeat.com Staff

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