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

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

Central Pacific Financial declared a quarterly dividend on Tuesday, July 23rd. Investors 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 dividend on an annualized basis and a yield of 3.35%. 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 initiated a stock repurchase program on Thursday, June 20th 2019, which authorizes the company to repurchase $30,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase up to 3.6% of its shares through open market purchases. Shares repurchase programs are often an indication that the company's board of directors believes its stock is undervalued.

Central Pacific Financial Corp. (NYSE:CPF) released its earnings results on Wednesday, July, 24th. The financial services provider reported $0.47 EPS for the quarter, missing the Zacks' consensus estimate of $0.51 by $0.04. The financial services provider had revenue of $55.47 million for the quarter, compared to analyst estimates of $55.10 million. Central Pacific Financial had a return on equity of 12.18% and a net margin of 24.06%. During the same quarter in the previous year, the business posted $0.48 earnings per share. 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 analysts have issued 12-month target prices for Central Pacific Financial's stock. Their forecasts range from $30.00 to $30.00. On average, they expect Central Pacific Financial's share price to reach $30.00 in the next year. This suggests a possible upside of 9.2% 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 headlines about CPF stock have trended positive this week, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive news 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 closest to five being the most favorable. Central Pacific Financial earned a media sentiment score of 2.5 on InfoTrie's scale. They also gave media coverage about the financial services provider a news buzz of 6.0 out of 10, indicating that recent news coverage is somewhat likely to have an impact on the company's share price in the next few days. View News Stories for Central Pacific Financial.

Central Pacific Financial saw a decrease in short interest in the month of July. As of July 31st, there was short interest totalling 655,900 shares, a decrease of 32.0% from the June 30th total of 964,700 shares. Based on an average daily volume of 129,100 shares, the days-to-cover ratio is currently 5.1 days. Currently, 2.4% of the shares of the company are short sold. View Central Pacific Financial's Current Options Chain.

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

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 number of of institutional and retail investors. Top institutional shareholders 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, Scottrade, Fidelity and Charles Schwab.

One share of CPF stock can currently be purchased for approximately $27.47.

Central Pacific Financial has a market capitalization of $784.54 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]