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NASDAQ:PGY

Pagaya Technologies (PGY) Stock Price, News & Analysis

$12.28
-0.29 (-2.31%)
(As of 09/6/2024 ET)
Today's Range
$12.08
$12.89
50-Day Range
$11.85
$15.28
52-Week Range
$8.56
$27.24
Volume
971,795 shs
Average Volume
1.15 million shs
Market Capitalization
$870.65 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$24.00

Pagaya Technologies MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.71 Rating Score
Upside/​Downside
95.4% Upside
$24.00 Price Target
Short Interest
Bearish
8.06% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.39mentions of Pagaya Technologies in the last 14 days
Based on 7 Articles This Week
Insider Trading
Selling Shares
$1.19 M Sold Last Quarter
Proj. Earnings Growth
Growing
From ($0.11) to $0.95 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.92 out of 5 stars

Business Services Sector

144th out of 303 stocks

Nondepository Credit Institutions Industry

22nd out of 48 stocks

PGY stock logo

About Pagaya Technologies Stock (NASDAQ:PGY)

Pagaya Technologies Ltd., a product-focused technology company, deploys data science and proprietary artificial intelligence-powered technology for financial institutions and investors in the United States, Israel, the Cayman Islands, and internationally. The company develops and implements proprietary artificial intelligence technology and related software solutions to assist partners to originate loans and other assets. Its partners include high-growth financial technology companies, incumbent banks and financial institutions, auto finance providers, and residential real estate service providers. Pagaya Technologies Ltd. was incorporated in 2016 and is headquartered in New York, New York.

PGY Stock Price History

PGY Stock News Headlines

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According to former advisor to the CIA, the Pentagon and the White House Jim Rickards… Kamala and her puppet masters are planning this dirty election move…
Kamala’s Dirty Election Move… Revealed
According to former advisor to the CIA, the Pentagon and the White House Jim Rickards… Kamala and her puppet masters are planning this dirty election move…
Pagaya Technologies (NASDAQ:PGY) Now Covered by Benchmark
Pagaya Technologies Ltd - Class A
PAGAYA TECHNOLOGIES earnings: here's what Wall Street expects
See More Headlines
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Company Calendar

Last Earnings
8/09/2024
Today
9/07/2024
Next Earnings (Estimated)
11/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Nondepository credit institutions
Sub-Industry
Banking
Current Symbol
NASDAQ:PGY
Fax
N/A
Employees
800
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$24.00
High Stock Price Target
$42.00
Low Stock Price Target
$13.00
Potential Upside/Downside
+95.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.71
Research Coverage
7 Analysts

Profitability

Net Income
$-128,440,000.00
Pretax Margin
-17.30%

Debt

Sales & Book Value

Annual Sales
$891.47 million
Book Value
$8.57 per share

Miscellaneous

Free Float
56,933,000
Market Cap
$870.65 million
Optionable
Not Optionable
Beta
6.41
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Key Executives

  • Mr. Gal Krubiner (Age 35)
    CEO, Co-Founder & Director
    Comp: $1.78M
  • Mr. Avital Pardo (Age 38)
    CTO, Co-Founder & Director
    Comp: $1.7M
  • Mr. Yahav Yulzari (Age 38)
    Chief Revenue Officer, Co-Founder & Director
    Comp: $1.7M
  • Mr. Amol Sagun Naik
    Chief Operating Officer
  • Ms. Tami Rosen (Age 52)
    Chair of Advisory Board, Chief Development Officer & Director
    Comp: $1.06M
  • Mr. Sanjiv Das (Age 62)
    President
  • Mr. Evangelos Perros (Age 48)
    Chief Financial Officer
  • Mr. Edward John Mallon
    Chief Investment Officer
  • Jency John
    Vice President of Investor Relations
  • Mr. Eric J. Watson (Age 53)
    Chief Legal Officer

PGY Stock Analysis - Frequently Asked Questions

How have PGY shares performed this year?

Pagaya Technologies' stock was trading at $16.56 on January 1st, 2024. Since then, PGY shares have decreased by 25.8% and is now trading at $12.28.
View the best growth stocks for 2024 here
.

How were Pagaya Technologies' earnings last quarter?

Pagaya Technologies Ltd. (NASDAQ:PGY) issued its earnings results on Friday, August, 9th. The company reported ($0.15) earnings per share for the quarter, missing analysts' consensus estimates of ($0.04) by $0.11. The business had revenue of $250.34 million for the quarter, compared to analysts' expectations of $239.16 million. Pagaya Technologies had a negative net margin of 14.58% and a negative trailing twelve-month return on equity of 3.10%.

When did Pagaya Technologies' stock split?

Pagaya Technologies's stock reverse split on Friday, March 8th 2024. The 1-12 reverse split was announced on Monday, March 4th 2024. The number of shares owned by shareholders was adjusted after the closing bell on Thursday, March 7th 2024. An investor that had 100 shares of stock prior to the reverse split would have 8 shares after the split.

Who are Pagaya Technologies' major shareholders?

Top institutional shareholders of Pagaya Technologies include Allspring Global Investments Holdings LLC (1.63%), Yarra Square Partners LP (0.87%), Susquehanna International Group LLP and ARK Investment Management LLC (0.31%). Insiders that own company stock include Gal Krubiner, Avital Pardo, Yahav Yulzari, Sanjiv Das, Tami Rosen, Avi Zeevi, Evangelos Perros and Nicole Torraco.
View institutional ownership trends
.

How do I buy shares of Pagaya Technologies?

Shares of PGY 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.

This page (NASDAQ:PGY) was last updated on 9/7/2024 by MarketBeat.com Staff

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