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NYSE:CPF

Central Pacific Financial (CPF) Stock Price, News & Analysis

Central Pacific Financial logo
$31.45 +0.53 (+1.71%)
(As of 03:04 PM ET)

About Central Pacific Financial Stock (NYSE:CPF)

Key Stats

Today's Range
$30.75
$31.60
50-Day Range
$26.78
$32.68
52-Week Range
$18.00
$33.25
Volume
49,342 shs
Average Volume
193,885 shs
Market Capitalization
$851.35 million
P/E Ratio
14.98
Dividend Yield
3.31%
Price Target
$24.00
Consensus Rating
Buy

Company Overview

Central Pacific Financial Corp. operates as the bank holding company for Central Pacific Bank that provides a range of commercial banking products and services to businesses, professionals, and individuals in the United States. It offers various deposit products and services, including checking, savings and time deposits, cash management and digital banking, trust, and retail brokerage services, as well as money market accounts and certificates of deposit. The company also provides various lending activities, such as commercial, commercial and residential mortgage, home equity, and consumer loans; and other products and services comprising debit cards, internet and mobile banking, cash management services, full-service ATMs, safe deposit boxes, international banking services, night depository facilities, foreign exchange, and wire transfers. In addition, it offers wealth management products and services that include non-deposit investment products, annuities, insurance, investment management, asset custody and general consultation, and planning services. The company was founded in 1954 and is headquartered in Honolulu, Hawaii.

Central Pacific Financial Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
88th Percentile Overall Score

CPF MarketRank™: 

Central Pacific Financial scored higher than 88% of companies evaluated by MarketBeat, and ranked 169th out of 914 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Earnings Growth

    Earnings for Central Pacific Financial are expected to grow by 11.35% in the coming year, from $2.29 to $2.55 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Central Pacific Financial is 15.00, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.77.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Central Pacific Financial is 15.00, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 48.32.

  • Price to Book Value per Share Ratio

    Central Pacific Financial has a P/B Ratio of 1.69. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    2.16% of the float of Central Pacific Financial has been sold short.
  • Short Interest Ratio / Days to Cover

    Central Pacific Financial has a short interest ratio ("days to cover") of 2.5, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Central Pacific Financial has recently decreased by 22.66%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Central Pacific Financial pays a meaningful dividend of 3.30%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Central Pacific Financial does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Central Pacific Financial is 49.52%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Central Pacific Financial will have a dividend payout ratio of 40.78% next year. This indicates that Central Pacific Financial will be able to sustain or increase its dividend.

  • Read more about Central Pacific Financial's dividend.
  • Percentage of Shares Shorted

    2.16% of the float of Central Pacific Financial has been sold short.
  • Short Interest Ratio / Days to Cover

    Central Pacific Financial has a short interest ratio ("days to cover") of 2.5, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Central Pacific Financial has recently decreased by 22.66%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Central Pacific Financial has a news sentiment score of 0.97. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.84 average news sentiment score of Finance companies.
  • News Coverage This Week

    MarketBeat has tracked 4 news articles for Central Pacific Financial this week, compared to 2 articles on an average week.
  • Insider Buying vs. Insider Selling

    In the past three months, Central Pacific Financial insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 2.30% of the stock of Central Pacific Financial is held by insiders.

  • Percentage Held by Institutions

    88.42% of the stock of Central Pacific Financial is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Central Pacific Financial's insider trading history.
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CPF Stock News Headlines

Reviewing Bank OZK (NASDAQ:OZK) and Central Pacific Financial (NYSE:CPF)
Two halves of the same soul…
What I’m about to tell you is a story that is so ironic and unexpected that it’s almost inconceivable. It’s the story of two men, who live 2,400 miles away from one another. One is in California. The other, Ohio. And now, for the first time, the lives of these two men have intersected on a single investment.
Central Pacific Financial (CPF) Gets a Buy from Piper Sandler
See More Headlines

CPF Stock Analysis - Frequently Asked Questions

Central Pacific Financial's stock was trading at $19.68 on January 1st, 2024. Since then, CPF stock has increased by 60.1% and is now trading at $31.51.
View the best growth stocks for 2024 here
.

Central Pacific Financial Corp. (NYSE:CPF) posted its earnings results on Wednesday, July, 31st. The financial services provider reported $0.58 EPS for the quarter, topping the consensus estimate of $0.48 by $0.10. The financial services provider earned $87.96 million during the quarter, compared to analyst estimates of $61.74 million. Central Pacific Financial had a net margin of 16.10% and a trailing twelve-month return on equity of 11.44%.

Central Pacific Financial's top institutional investors include State Street Corp (4.54%), Charles Schwab Investment Management Inc. (3.72%), Geode Capital Management LLC (2.37%) and Basswood Capital Management L.L.C. (1.93%). Insiders that own company stock include Agnes Catherine Ngo, Earl E Fry, Paul K Yonamine, Christine H H Camp and Arnold D Martines.
View institutional ownership trends
.

Shares of CPF 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.

Based on aggregate information from My MarketBeat watchlists, some other companies that Central Pacific Financial investors own include Humana (HUM), American Water Works (AWK), Waste Connections (WCN), Voyager Therapeutics (VYGR), The RMR Group (RMR), AUO (AUOTY) and DiamondRock Hospitality (DRH).

Company Calendar

Last Earnings
7/31/2024
Ex-Dividend for 9/16 Dividend
8/30/2024
Dividend Payable
9/16/2024
Ex-Dividend for 12/16 Dividend
11/29/2024
Today
12/10/2024
Dividend Payable
12/16/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
State commercial banks
Sub-Industry
Regional Banks
CUSIP
15476040
Employees
696
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$24.00
High Stock Price Target
$24.00
Low Stock Price Target
$24.00
Potential Upside/Downside
-22.4%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$58.67 million
Pretax Margin
20.87%

Debt

Sales & Book Value

Annual Sales
$329.32 million
Cash Flow
$2.52 per share
Book Value
$18.63 per share

Miscellaneous

Free Float
26,443,000
Market Cap
$837.00 million
Optionable
Optionable
Beta
1.18

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This page (NYSE:CPF) was last updated on 12/10/2024 by MarketBeat.com Staff
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