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 year. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Central Pacific Financial stock.
View analyst ratings for Central Pacific Financial or view top-rated stocks.

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Central Pacific Financial is scheduled to release its next quarterly earnings announcement on Wednesday, August 4th 2021.
View our earnings forecast for Central Pacific Financial.

Central Pacific Financial Corp. (NYSE:CPF) posted its quarterly earnings results on Wednesday, April, 28th. The financial services provider reported $0.64 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.51 by $0.13. 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's stock was trading at $19.54 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, CPF stock has increased by 46.4% and is now trading at $28.60.
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Central Pacific Financial announced a quarterly dividend on Tuesday, April 27th. Investors of record on Friday, May 28th will be given a dividend of $0.24 per share on Tuesday, June 15th. This represents a $0.96 annualized dividend and a yield of 3.36%. The ex-dividend date of this dividend is Thursday, May 27th. This is an increase from Central Pacific Financial's previous quarterly dividend of $0.23.
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 3.20%. Central Pacific Financial does not yet have a strock track record of dividend growth. 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 declared that its board has authorized a stock buyback plan 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 repurchase up to 3.6% of its stock through open market purchases. Stock buyback plans are typically an indication that the company's management believes its shares are undervalued.

2 equities research analysts have issued 12 month target prices for Central Pacific Financial's stock. Their forecasts range from $23.00 to $29.00. On average, they expect Central Pacific Financial's stock price to reach $26.00 in the next year. This suggests that the stock has a possible downside of 9.1%.
View analysts' price targets for Central Pacific Financial or view top-rated stocks among Wall Street analysts.

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), First Republic Bank (FRC), SVB Financial Group (SIVB), Fifth Third Bancorp (FITB), KeyCorp (KEY), Regions Financial (RF), M&T Bank (MTB), Huntington Bancshares (HBAN), Signature Bank (SBNY), East West Bancorp (EWBC), Western Alliance Bancorporation (WAL), First Horizon (FHN), Zions Bancorporation, National Association (ZION) and Commerce Bancshares (CBSH).
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), 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 retail and institutional investors. Top institutional shareholders include BlackRock Inc. (14.71%), Victory Capital Management Inc. (0.45%), Rhumbline Advisers (0.35%), Seizert Capital Partners LLC (0.23%), Ziegler Capital Management LLC (0.18%) and Assenagon Asset Management S.A. (0.17%). Company insiders that own Central Pacific Financial stock include Agnes Catherine Ngo, Arnold D Martines, 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 Exchange Traded Concepts LLC, Alliancebernstein L.P., State of Alaska Department of Revenue, Zurcher Kantonalbank Zurich Cantonalbank , New York State Teachers Retirement System, Texas Permanent School Fund, Comerica Bank, and The Manufacturers Life Insurance Company .
View insider buying and selling activity for Central Pacific Financial or view top insider-selling stocks.

CPF stock was bought by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Hillsdale Investment Management Inc., BlackRock Inc., IndexIQ Advisors LLC, Everence Capital Management Inc., Seizert Capital Partners LLC, Ziegler Capital Management LLC, and First Citizens Bank & Trust Co.. 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.
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One share of CPF stock can currently be purchased for approximately $28.60.

Central Pacific Financial has a market capitalization of $809.18 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 764 workers across the globe.

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

Central Pacific Financial is headquartered at 220 S KING ST, HONOLULU HI, 96813.

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]