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

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

Central Pacific Financial announced a quarterly dividend on Tuesday, July 23rd. Shareholders of record on Friday, August 30th will be given a dividend of $0.23 per share on Monday, September 16th. This represents a $0.92 annualized dividend and a yield of 3.18%. The ex-dividend date of this dividend is Thursday, August 29th. View Central Pacific Financial's Dividend History.

Central Pacific Financial declared that its Board of Directors has approved a share repurchase program on Thursday, June 20th 2019, which permits the company to buyback $30,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization permits the company to purchase up to 3.6% of its stock through open market purchases. Stock buyback programs are typically an indication that the company's leadership believes its shares are undervalued.

Central Pacific Financial Corp. (NYSE:CPF) released its earnings results on Wednesday, July, 24th. The financial services provider reported $0.47 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.51 by $0.04. The financial services provider earned $55.47 million during the quarter, compared to the consensus estimate of $55.10 million. Central Pacific Financial had a net margin of 24.06% and a return on equity of 12.18%. During the same period in the prior year, the company posted $0.48 EPS. View Central Pacific Financial's Earnings History.

Central Pacific Financial is scheduled to release their next quarterly earnings announcement on Wednesday, October 23rd 2019. View Earnings Estimates for Central Pacific Financial.

1 brokers have issued 12-month price targets for Central Pacific Financial's stock. Their forecasts range from $29.00 to $29.00. On average, they expect Central Pacific Financial's share price to reach $29.00 in the next twelve months. This suggests a possible upside of 0.2% from the stock's current price. View Analyst Price Targets for Central Pacific Financial.

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Central Pacific Financial in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Central Pacific Financial.

News coverage about CPF stock has trended somewhat negative recently, InfoTrie reports. The research firm identifies negative and positive press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Central Pacific Financial earned a daily sentiment score of -1.3 on InfoTrie's scale. They also assigned news coverage about the financial services provider a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View News Stories for Central Pacific Financial.

Central Pacific Financial saw a decrease in short interest during the month of August. As of August 15th, there was short interest totalling 655,900 shares, a decrease of 32.0% from the July 15th total of 964,700 shares. Based on an average daily volume of 129,100 shares, the short-interest ratio is currently 5.1 days. Currently, 2.4% of the company's shares are sold short. View Central Pacific Financial's Current Options Chain.

Some companies that are related to Central Pacific Financial include Associated Banc (ASB), Home Bancshares (HOMB), Investors Bancorp (ISBC), CVB Financial (CVBF), Bancorpsouth Bank (BXS), Texas Capital Bancshares (TCBI), Cathay General Bancorp (CATY), Ameris Bancorp (ABCB), Columbia Banking System (COLB), First Interstate Bancsystem (FIBK), South State (SSB), International Bancshares (IBOC), Independent Bank (INDB), Independent Bank Group (IBTX) and Hilltop (HTH).

Based on aggregate information from My MarketBeat watchlists, some companies that other Central Pacific Financial investors own include Rio Tinto (RIO), First Hawaiian (FHB), Citigroup (C), Core Laboratories (CLB), Employers (EIG), Royal Dutch Shell (RDSB), Tertiary Minerals (TYM), Banner (BANR), Cathay General Bancorp (CATY) and Conatus Pharmaceuticals (CNAT).

Central Pacific Financial's stock is owned by a variety of of institutional and retail investors. Top institutional investors include BlackRock Inc. (14.82%), Vanguard Group Inc. (10.62%), Russell Investments Group Ltd. (4.38%), Bank of New York Mellon Corp (3.48%), JPMorgan Chase & Co. (3.28%) and LSV Asset Management (2.71%). Company insiders that own Central Pacific Financial stock include Agnes Catherine Ngo, Arnold D Martines, Blenn Fujimoto, Christine H H Camp, Colbert M Matsumoto, Duane K Kurisu, Earl E Fry, John C Dean and Paul K Yonamine. View Institutional Ownership Trends for Central Pacific Financial.

CPF stock was sold by a variety of institutional investors in the last quarter, including Westwood Holdings Group Inc., D. E. Shaw & Co. Inc., Bank of America Corp DE, Man Group plc, Vanguard Group Inc., Bank of New York Mellon Corp, Polaris Capital Management LLC and GSA Capital Partners LLP. Company insiders that have sold Central Pacific Financial company stock in the last year include Arnold D Martines, Blenn Fujimoto and John C Dean. View Insider Buying and Selling for Central Pacific Financial.

CPF stock was purchased by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Russell Investments Group Ltd., Acadian Asset Management LLC, Panagora Asset Management Inc., Morgan Stanley, APG Asset Management N.V., Pinebridge Investments L.P. and Citadel Advisors LLC. Company insiders that have bought Central Pacific Financial stock in the last two years include Agnes Catherine Ngo, Christine H H Camp, Colbert M Matsumoto, Duane K Kurisu, Earl E Fry and Paul K Yonamine. View Insider Buying and Selling for Central Pacific Financial.

Shares of CPF can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of CPF stock can currently be purchased for approximately $28.94.

Central Pacific Financial has a market capitalization of $826.53 million and generates $237.10 million in revenue each year. The financial services provider earns $59.49 million in net income (profit) each year or $2.01 on an earnings per share basis. Central Pacific Financial employs 773 workers across the globe.View Additional Information About Central Pacific Financial.

The official website for Central Pacific Financial is http://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]