Central Pacific Financial Stock Forecast, Price & News

Central Pacific Financial's stock was trading at $19.54 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, CPF stock has increased by 4.0% and is now trading at $20.33.
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2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Central Pacific Financial in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Central Pacific Financial stock.
View analyst ratings for Central Pacific Financial or view MarketBeat's top 5 stock picks.

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11 employees have rated Central Pacific Financial CEO Catherine Ngo on Glassdoor.com. Catherine Ngo has an approval rating of 54% among Central Pacific Financial's employees. This puts Catherine Ngo in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Central Pacific Financial is scheduled to release its next quarterly earnings announcement on Wednesday, January 27th 2021.
View our earnings forecast for Central Pacific Financial.

Central Pacific Financial will be holding an earnings conference call on Wednesday, January 27th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Central Pacific Financial Corp. (NYSE:CPF) announced its quarterly earnings data on Wednesday, October, 28th. The financial services provider reported $0.24 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.29 by $0.05. The financial services provider earned $60.68 million during the quarter, compared to the consensus estimate of $60.31 million. Central Pacific Financial had a trailing twelve-month return on equity of 7.31% and a net margin of 15.44%.
View Central Pacific Financial's earnings history.

Central Pacific Financial announced a quarterly dividend on Tuesday, October 27th. Stockholders of record on Monday, November 30th will be paid a dividend of $0.23 per share on Tuesday, December 15th. This represents a $0.92 annualized dividend and a yield of 4.53%. The ex-dividend date is Friday, November 27th.
View Central Pacific Financial's dividend history.

Central Pacific Financial pays an annual dividend of $0.92 per share and currently has a dividend yield of 4.58%. CPF has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of Central Pacific Financial is 45.32%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Central Pacific Financial will have a dividend payout ratio of 73.60% next year. This indicates that Central Pacific Financial will be able to sustain or increase its dividend.
View Central Pacific Financial's dividend history.

Central Pacific Financial announced that its board has authorized a share repurchase plan on Thursday, June 20th 2019, which allows the company to buyback $30,000,000.00 in shares, according to EventVestor. This buyback authorization allows the company to repurchase up to 3.6% of its shares through open market purchases. Shares buyback plans are usually an indication that the company's board of directors believes its shares are undervalued.

2 brokers have issued twelve-month target prices for Central Pacific Financial's stock. Their forecasts range from $15.00 to $15.00. On average, they expect Central Pacific Financial's stock price to reach $15.00 in the next twelve months. This suggests that the stock has a possible downside of 26.2%.
View analysts' price targets for Central Pacific Financial or view Wall Street analyst' top-rated stocks.

Central Pacific Financial saw a increase in short interest in the month of December. As of December 31st, there was short interest totaling 423,300 shares, an increase of 39.3% from the December 15th total of 303,800 shares. Based on an average daily volume of 180,900 shares, the short-interest ratio is presently 2.3 days. Approximately 1.6% of the shares of the company are short sold.
View Central Pacific Financial's Short Interest.

Some companies that are related to Central Pacific Financial include Truist Financial (TFC), The PNC Financial Services Group (PNC), First Republic Bank (FRC), SVB Financial Group (SIVB), Fifth Third Bancorp (FITB), M&T Bank (MTB), KeyCorp (KEY), Regions Financial (RF), Huntington Bancshares (HBAN), East West Bancorp (EWBC), Signature Bank (SBNY), Commerce Bancshares (CBSH), First Horizon (FHN), Zions Bancorporation, National Association (ZION) and Western Alliance Bancorporation (WAL).
View all of CPF's competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Central Pacific Financial investors own include First Hawaiian (FHB), Altria Group (MO), Citigroup (C), Gilead Sciences (GILD), Philip Morris International (PM), Rio Tinto Group (RIO.L) (RIO), Walgreens Boots Alliance (WBA), Bristol-Myers Squibb (BMY), Enterprise Products Partners (EPD) and Gentex (GNTX).

Central Pacific Financial trades on the New York Stock Exchange (NYSE) under the ticker symbol "CPF."

Central Pacific Financial's stock is owned by a number of institutional and retail investors. Top institutional investors include Exchange Traded Concepts LLC (0.13%) and State of Alaska Department of Revenue (0.08%). Company insiders that own Central Pacific Financial stock include Agnes Catherine Ngo, Arnold D Martines, Blenn Fujimoto, Crystal Rose, Duane K Kurisu, Earl E Fry, John C Dean, Paul K Yonamine and Saedene K Ota.
View institutional ownership trends for Central Pacific Financial.

CPF stock was sold by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue.
View insider buying and selling activity for Central Pacific Financial or view top insider-selling stocks.

CPF stock was purchased by a variety of institutional investors in the last quarter, including Exchange Traded Concepts LLC. Company insiders that have bought Central Pacific Financial stock in the last two years include Agnes Catherine Ngo, Crystal Rose, Duane K Kurisu, Earl E Fry, Paul K Yonamine, and Saedene K Ota.
View insider buying and selling activity for Central Pacific Financial or or view top insider-buying stocks.

Shares of CPF 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.

One share of CPF stock can currently be purchased for approximately $20.33.

Central Pacific Financial has a market capitalization of $572.90 million and generates $258.18 million in revenue each year. The financial services provider earns $58.32 million in net income (profit) each year or $2.03 on an earnings per share basis. Central Pacific Financial employs 789 workers across the globe.

The official website for Central Pacific Financial is www.centralpacificbank.com.

Central Pacific Financial's mailing address is 220 S KING ST, HONOLULU HI, 96813. The financial services provider can be reached via phone at 808-544-0500 or via email at [email protected]