Central Pacific Financial Stock Forecast, Price & News

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Central Pacific Financial in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" Central Pacific Financial stock.
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2 Wall Street analysts have issued 12-month price targets for Central Pacific Financial's shares. Their CPF stock forecasts range from $29.00 to $33.00. On average, they anticipate Central Pacific Financial's share price to reach $31.00 in the next twelve months. This suggests a possible upside of 41.2% from the stock's current price.
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Central Pacific Financial's stock was trading at $28.17 at the beginning of 2022. Since then, CPF stock has decreased by 22.1% and is now trading at $21.95.
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Central Pacific Financial saw a increase in short interest during the month of May. As of May 31st, there was short interest totaling 670,100 shares, an increase of 63.8% from the May 15th total of 409,000 shares. Based on an average daily trading volume, of 184,900 shares, the short-interest ratio is currently 3.6 days. Currently, 2.5% of the company's stock are short sold.
View Central Pacific Financial's Short Interest.

Central Pacific Financial is scheduled to release its next quarterly earnings announcement on Wednesday, July 27th 2022.
View our earnings forecast for Central Pacific Financial.

Central Pacific Financial Corp. (NYSE:CPF) posted its quarterly earnings data on Wednesday, April, 20th. The financial services provider reported $0.70 earnings per share for the quarter, beating the consensus estimate of $0.55 by $0.15. The financial services provider had revenue of $60.49 million for the quarter, compared to the consensus estimate of $62.89 million. Central Pacific Financial had a trailing twelve-month return on equity of 15.10% and a net margin of 31.06%. During the same quarter in the previous year, the company earned $0.64 earnings per share.
View Central Pacific Financial's earnings history.

Central Pacific Financial declared a quarterly dividend on Tuesday, April 19th. Investors of record on Tuesday, May 31st will be given a dividend of $0.26 per share on Wednesday, June 15th. This represents a $1.04 annualized dividend and a yield of 4.74%. The ex-dividend date is Friday, May 27th.
View Central Pacific Financial's dividend history.

Central Pacific Financial(NYSE:CPF) pays an annual dividend of $1.04 per share and currently has a dividend yield of 4.86%. CPF has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Central Pacific Financial 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 of Central Pacific Financial is 35.86%. 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 40.00% next year. This indicates that Central Pacific Financial will be able to sustain or increase its dividend.
View Central Pacific Financial's dividend history.

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.

Some companies that are related to Central Pacific Financial include The PNC Financial Services Group (PNC), Truist Financial (TFC), M&T Bank (MTB), First Republic Bank (FRC), SVB Financial Group (SIVB), Fifth Third Bancorp (FITB), Regions Financial (RF), Huntington Bancshares (HBAN), KeyCorp (KEY), First Horizon (FHN), Signature Bank (SBNY), First Citizens BancShares (FCNCA), East West Bancorp (EWBC), Zions Bancorporation, National Association (ZION) and Western Alliance Bancorporation (WAL).
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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), 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 shareholders include BlackRock Inc. (14.97%), Vanguard Group Inc. (11.34%), State Street Corp (5.10%), Bank of New York Mellon Corp (4.35%), Dimensional Fund Advisors LP (3.52%) and JPMorgan Chase & Co. (2.97%). Company insiders that own Central Pacific Financial stock include Agnes Catherine Ngo, Arnold D Martines, Crystal Rose, George Craig Shapiro, John C Dean, Paul K Yonamine, Paul Kosasa 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 Granite Investment Partners LLC, Northern Trust Corp, Jacobs Asset Management LLC, Renaissance Technologies LLC, Bank of America Corp DE, Bank of New York Mellon Corp, New York State Common Retirement Fund, and Victory Capital Management Inc.. Company insiders that have sold Central Pacific Financial company stock in the last two years include Agnes Catherine Ngo, George Craig Shapiro, and Paul Kosasa.
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 The Manufacturers Life Insurance Company , Goldman Sachs Group Inc., State Street Corp, Vanguard Group Inc., Panagora Asset Management Inc., Invesco Ltd., Assenagon Asset Management S.A., and Healthcare of Ontario Pension Plan Trust Fund.
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.
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One share of CPF stock can currently be purchased for approximately $21.95.

Central Pacific Financial (NYSE:CPF) has a market capitalization of $604.77 million and generates $261.82 million in revenue each year. The financial services provider earns $79.89 million in net income (profit) each year or $2.90 on an earnings per share basis.

Central Pacific Financial employs 760 workers across the globe.

Central Pacific Financial's mailing address is 220 S KING ST, HONOLULU HI, 96813. The official website for Central Pacific Financial is www.centralpacificbank.com. The financial services provider can be reached via phone at (808) 544-0500, via email at [email protected], or via fax at 808-532-7328.