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NASDAQ:PPBI

Pacific Premier Bancorp (PPBI) Stock Price, News & Analysis

$24.52
+0.14 (+0.57%)
(As of 10/8/2024 ET)

About Pacific Premier Bancorp Stock (NASDAQ:PPBI)

Key Stats

Today's Range
$24.23
$24.58
50-Day Range
$23.38
$27.06
52-Week Range
$17.86
$30.13
Volume
596,005 shs
Average Volume
548,839 shs
Market Capitalization
$2.36 billion
P/E Ratio
188.63
Dividend Yield
5.38%
Price Target
$26.83
Consensus Rating
Moderate Buy

Company Overview

Pacific Premier Bancorp, Inc. operates as the bank holding company for Pacific Premier Bank that provides various banking products and services in the United States. The company accepts deposit products, which includes checking, money market, savings accounts, and certificates of deposit. Its loan portfolio includes commercial real estate owner and non-owner-occupied, multifamily, construction and land, franchise real estate secured, and small business administration (SBA); revolving lines of credit, term loans, seasonal loans, and loans secured by liquid collateral; one-to-four family and home equity lines of credit loans; and small balance personal unsecured loans and savings account secured loans. It also offers cash management, online and mobile banking, and treasury management services, as well as payment processing, remote capture, and automated clearing house payment capabilities. In addition, it operates as a custodian for alternative assets held in qualified self-directed IRA accounts, including investments in private equity, real estate, notes, cash, and other non-exchange traded assets; and provides real-property and non-real property escrow services. The company serves small and middle-market businesses, corporations, professionals, real estate investors, non-profit organizations, and consumers. The company was founded in 1983 and is headquartered in Irvine, California.

Pacific Premier Bancorp Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
37th Percentile Overall Score

PPBI MarketRank™: 

Pacific Premier Bancorp scored higher than 37% of companies evaluated by MarketBeat, and ranked 598th out of 933 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Pacific Premier Bancorp has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 3 buy ratings, 3 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Pacific Premier Bancorp has only been the subject of 3 research reports in the past 90 days.

  • Read more about Pacific Premier Bancorp's stock forecast and price target.
  • Earnings Growth

    Earnings for Pacific Premier Bancorp are expected to decrease by -8.48% in the coming year, from $1.65 to $1.51 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Pacific Premier Bancorp is 188.63, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 123.10.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Pacific Premier Bancorp is 188.63, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 46.22.

  • Price to Book Value per Share Ratio

    Pacific Premier Bancorp has a P/B Ratio of 0.82. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Read more about Pacific Premier Bancorp's valuation and earnings.
  • Percentage of Shares Shorted

    2.53% of the float of Pacific Premier Bancorp has been sold short.
  • Short Interest Ratio / Days to Cover

    Pacific Premier Bancorp has a short interest ratio ("days to cover") of 3.8, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Pacific Premier Bancorp has recently decreased by 0.83%, indicating that investor sentiment is improving.
  • Dividend Leadership

    Pacific Premier Bancorp is a leading dividend payer. It pays a dividend yield of 5.44%, putting its dividend yield in the top 25% of dividend-paying stocks.

  • Dividend Growth

    Pacific Premier Bancorp does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Pacific Premier Bancorp is 1,015.38%. Payout ratios above 75% are not desirable because they may not be sustainable.

  • Dividend Sustainability

    Based on EPS estimates, Pacific Premier Bancorp will have a dividend payout ratio of 87.42% in the coming year. This indicates that Pacific Premier Bancorp may not be able to sustain their current dividend.

  • Read more about Pacific Premier Bancorp's dividend.
  • Percentage of Shares Shorted

    2.53% of the float of Pacific Premier Bancorp has been sold short.
  • Short Interest Ratio / Days to Cover

    Pacific Premier Bancorp has a short interest ratio ("days to cover") of 3.8, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Pacific Premier Bancorp has recently decreased by 0.83%, indicating that investor sentiment is improving.
  • News Sentiment

    Pacific Premier Bancorp has a news sentiment score of 0.42. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.67 average news sentiment score of Finance companies.
  • News Coverage This Week

    MarketBeat has tracked 7 news articles for Pacific Premier Bancorp this week, compared to 3 articles on an average week.
  • MarketBeat Follows

    1 people have added Pacific Premier Bancorp to their MarketBeat watchlist in the last 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Pacific Premier Bancorp insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $986,440.00 in company stock.

  • Percentage Held by Insiders

    Only 2.21% of the stock of Pacific Premier Bancorp is held by insiders.

  • Percentage Held by Institutions

    93.11% of the stock of Pacific Premier Bancorp is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Pacific Premier Bancorp's insider trading history.
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PPBI Stock News Headlines

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PPBI Stock Analysis - Frequently Asked Questions

Pacific Premier Bancorp's stock was trading at $29.11 at the start of the year. Since then, PPBI stock has decreased by 15.8% and is now trading at $24.52.
View the best growth stocks for 2024 here
.

Pacific Premier Bancorp, Inc. (NASDAQ:PPBI) posted its quarterly earnings results on Wednesday, July, 24th. The financial services provider reported $0.43 EPS for the quarter, hitting the consensus estimate of $0.43. The business's revenue for the quarter was down 9.5% compared to the same quarter last year.

Pacific Premier Bancorp's top institutional shareholders include SG Americas Securities LLC (0.01%) and GAMMA Investing LLC. Insiders that own company stock include Steven R Gardner, Edward Earl Wilcox, Jeff C Jones, Joseph L Garrett, Tom Rice, Michael S Karr, Lori R Wright, Tamara Wendoll, Sherri V Scott and Barbara Polsky.
View institutional ownership trends
.

Shares of PPBI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Pacific Premier Bancorp investors own include AbbVie (ABBV), JPMorgan Chase & Co. (JPM), Oracle (ORCL), Pattern Energy Group (PEGI), Visa (V), Verizon Communications (VZ) and Exxon Mobil (XOM).

Company Calendar

Last Earnings
7/24/2024
Ex-Dividend for 8/12 Dividend
8/05/2024
Dividend Payable
8/12/2024
Today
10/08/2024
Next Earnings (Confirmed)
10/24/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
State commercial banks
Sub-Industry
Banking
Current Symbol
NASDAQ:PPBI
Employees
1,345
Year Founded
1983

Price Target and Rating

Average Stock Price Target
$26.83
High Stock Price Target
$28.00
Low Stock Price Target
$26.00
Potential Upside/Downside
+10.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
6 Analysts

Profitability

Net Income
$30.85 million
Pretax Margin
-1.40%

Debt

Sales & Book Value

Annual Sales
$356.77 million
Cash Flow
$2.36 per share
Book Value
$30.06 per share

Miscellaneous

Free Float
94,301,000
Market Cap
$2.35 billion
Optionable
Optionable
Beta
1.22

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This page (NASDAQ:PPBI) was last updated on 10/8/2024 by MarketBeat.com Staff
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