Q1 Earnings Estimate for PPBI Issued By DA Davidson

Pacific Premier Bancorp, Inc. (NASDAQ:PPBIFree Report) – Equities research analysts at DA Davidson issued their Q1 2025 EPS estimates for shares of Pacific Premier Bancorp in a report issued on Monday, January 27th. DA Davidson analyst G. Tenner forecasts that the financial services provider will post earnings of $0.32 per share for the quarter. DA Davidson has a “Buy” rating and a $30.00 price objective on the stock. The consensus estimate for Pacific Premier Bancorp’s current full-year earnings is $1.59 per share.

Separately, Wedbush cut their target price on Pacific Premier Bancorp from $27.00 to $25.00 and set a “neutral” rating for the company in a research note on Friday, October 25th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Pacific Premier Bancorp has a consensus rating of “Hold” and a consensus price target of $27.00.

Get Our Latest Analysis on PPBI

Pacific Premier Bancorp Price Performance

PPBI opened at $25.79 on Tuesday. The stock has a market capitalization of $2.49 billion, a P/E ratio of -171.92 and a beta of 1.26. The company has a current ratio of 0.88, a quick ratio of 0.88 and a debt-to-equity ratio of 0.09. Pacific Premier Bancorp has a 12-month low of $20.52 and a 12-month high of $30.28. The stock has a 50-day moving average price of $25.93 and a 200-day moving average price of $25.76.

Pacific Premier Bancorp (NASDAQ:PPBIGet Free Report) last released its earnings results on Thursday, January 23rd. The financial services provider reported $0.35 EPS for the quarter, beating analysts’ consensus estimates of $0.32 by $0.03.

Pacific Premier Bancorp Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, February 10th. Investors of record on Monday, February 3rd will be issued a dividend of $0.33 per share. This represents a $1.32 annualized dividend and a yield of 5.12%. The ex-dividend date of this dividend is Monday, February 3rd. Pacific Premier Bancorp’s dividend payout ratio is presently -879.94%.

Insider Buying and Selling

In related news, EVP Michael S. Karr sold 10,290 shares of the business’s stock in a transaction dated Tuesday, December 17th. The stock was sold at an average price of $26.87, for a total transaction of $276,492.30. Following the transaction, the executive vice president now owns 79,474 shares in the company, valued at $2,135,466.38. The trade was a 11.46 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Margaret S. Ohlhaver sold 9,273 shares of the stock in a transaction that occurred on Thursday, November 7th. The stock was sold at an average price of $27.96, for a total value of $259,273.08. Following the completion of the sale, the executive vice president now owns 25,475 shares of the company’s stock, valued at approximately $712,281. This trade represents a 26.69 % decrease in their position. The disclosure for this sale can be found here. 2.21% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Pacific Premier Bancorp

Several hedge funds and other institutional investors have recently added to or reduced their stakes in PPBI. GAMMA Investing LLC increased its stake in shares of Pacific Premier Bancorp by 121.5% in the 3rd quarter. GAMMA Investing LLC now owns 1,183 shares of the financial services provider’s stock worth $30,000 after acquiring an additional 649 shares in the last quarter. Point72 Asset Management L.P. purchased a new stake in Pacific Premier Bancorp during the 3rd quarter valued at about $60,000. KBC Group NV increased its stake in Pacific Premier Bancorp by 30.0% during the 3rd quarter. KBC Group NV now owns 3,679 shares of the financial services provider’s stock valued at $93,000 after purchasing an additional 849 shares in the last quarter. Golden State Wealth Management LLC purchased a new stake in shares of Pacific Premier Bancorp during the fourth quarter valued at approximately $158,000. Finally, FMR LLC increased its position in shares of Pacific Premier Bancorp by 11.9% during the third quarter. FMR LLC now owns 6,782 shares of the financial services provider’s stock valued at $171,000 after acquiring an additional 723 shares in the last quarter. 93.11% of the stock is owned by hedge funds and other institutional investors.

Pacific Premier Bancorp Company Profile

(Get Free Report)

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.

Further Reading

Earnings History and Estimates for Pacific Premier Bancorp (NASDAQ:PPBI)

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