NYSE:CPFCentral Pacific Financial Stock Price, Forecast & 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 decreased by 31.4% and is now trading at $13.41. View which stocks have been mosted impacted by Coronavirus.

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.

Central Pacific Financial is scheduled to release its next quarterly earnings announcement on Wednesday, April 22nd 2020. View our earnings forecast for Central Pacific Financial.

Central Pacific Financial Corp. (NYSE:CPF) announced its quarterly earnings data on Wednesday, January, 29th. The financial services provider reported $0.50 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.49 by $0.01. The financial services provider earned $57.70 million during the quarter, compared to analysts' expectations of $55.90 million. Central Pacific Financial had a net margin of 22.59% and a return on equity of 11.26%. View Central Pacific Financial's earnings history.

Central Pacific Financial declared a quarterly dividend on Wednesday, January 29th. Shareholders of record on Friday, February 28th will be paid a dividend of $0.23 per share on Monday, March 16th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 6.86%. The ex-dividend date of this dividend is Thursday, February 27th. View Central Pacific Financial's dividend history.

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

1 analysts have issued 1-year 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 stock price to reach $29.00 in the next twelve months. This suggests a possible upside of 116.3% from the stock's current price. View analysts' price targets for Central Pacific Financial.

News articles about CPF stock have been trending very negative this week, InfoTrie Sentiment Analysis reports. The research firm ranks the sentiment of media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Central Pacific Financial earned a media sentiment score of -3.3 on InfoTrie's scale. They also gave news headlines about the financial services provider a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the near term. View the latest news aboutCentral Pacific Financial.

Central Pacific Financial saw a increase in short interest in the month of March. As of March 13th, there was short interest totaling 513,100 shares, an increase of 12.0% from the February 27th total of 458,100 shares. Based on an average trading volume of 154,000 shares, the days-to-cover ratio is presently 3.3 days. Approximately 1.9% 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 Truist Financial (TFC), PNC Financial Services Group (PNC), SunTrust Banks (STI), First Republic Bank (FRC), M&T Bank (MTB), Fifth Third Bancorp (FITB), KeyCorp (KEY), Regions Financial (RF), Huntington Bancshares (HBAN), SVB Financial Group (SIVB), Commerce Bancshares (CBSH), Prosperity Bancshares (PB), Zions Bancorporation NA (ZION), Signature Bank (SBNY) and First Financial Bankshares (FFIN).

Based on aggregate information from My MarketBeat watchlists, some companies that other Central Pacific Financial investors own include First Hawaiian (FHB), Rio Tinto (RIO), Walgreens Boots Alliance (WBA), Citigroup (C), Main Street Capital (MAIN), Mercury General (MCY), Altria Group (MO), Philip Morris International (PM), Domtar (UFS) and Gilead Sciences (GILD).

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

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 $13.41.

Central Pacific Financial has a market capitalization of $379.02 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 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, 96811. The financial services provider can be reached via phone at 808-544-0500 or via email at [email protected]