What is DA Davidson's Forecast for PPBI Q1 Earnings?

Pacific Premier Bancorp, Inc. (NASDAQ:PPBI - Free Report) - Research analysts at DA Davidson issued their Q1 2025 earnings per share estimates for shares of Pacific Premier Bancorp in a research note issued on Monday, January 27th. DA Davidson analyst G. Tenner forecasts that the financial services provider will earn $0.32 per share for the quarter. DA Davidson currently has a "Buy" rating and a $30.00 target price on the stock. The consensus estimate for Pacific Premier Bancorp's current full-year earnings is $1.34 per share.

Separately, Wedbush lowered their price objective on Pacific Premier Bancorp from $27.00 to $25.00 and set a "neutral" rating for the company in a research report on Friday, October 25th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and an average target price of $27.00.

Pacific Premier Bancorp Trading Down 0.3 %

Shares of Pacific Premier Bancorp stock traded down $0.08 during trading on Tuesday, hitting $25.90. The company's stock had a trading volume of 642,348 shares, compared to its average volume of 534,692. The stock has a 50-day moving average price of $25.89 and a two-hundred day moving average price of $25.76. Pacific Premier Bancorp has a 52 week low of $20.52 and a 52 week high of $30.28. The stock has a market cap of $2.50 billion, a price-to-earnings ratio of 15.79 and a beta of 1.26. The company has a debt-to-equity ratio of 0.09, a current ratio of 0.85 and a quick ratio of 0.85.

Pacific Premier Bancorp (NASDAQ:PPBI - Get Free Report) last posted its earnings results on Thursday, January 23rd. The financial services provider reported $0.35 earnings per share for the quarter, topping analysts' consensus estimates of $0.32 by $0.03. Pacific Premier Bancorp had a net margin of 17.54% and a return on equity of 5.43%.

Pacific Premier Bancorp Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, February 10th. Investors of record on Monday, February 3rd will be paid a dividend of $0.33 per share. The ex-dividend date of this dividend is Monday, February 3rd. This represents a $1.32 annualized dividend and a yield of 5.10%. Pacific Premier Bancorp's dividend payout ratio is currently 80.49%.

Insiders Place Their Bets

In related news, EVP Michael S. Karr sold 10,290 shares of the company's stock in a transaction dated Tuesday, December 17th. The shares were sold at an average price of $26.87, for a total value of $276,492.30. Following the sale, the executive vice president now owns 79,474 shares in the company, valued at $2,135,466.38. This represents a 11.46 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, 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 directly owns 25,475 shares of the company's stock, valued at approximately $712,281. This trade represents a 26.69 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 2.21% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Pacific Premier Bancorp

Several large investors have recently bought and sold shares of PPBI. GAMMA Investing LLC grew its position in 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 purchasing an additional 649 shares in the last quarter. Point72 Asset Management L.P. bought a new stake in Pacific Premier Bancorp during the third quarter worth $60,000. KBC Group NV boosted its position in Pacific Premier Bancorp by 30.0% in the third quarter. KBC Group NV now owns 3,679 shares of the financial services provider's stock worth $93,000 after purchasing an additional 849 shares during the last quarter. Golden State Wealth Management LLC bought a new position in Pacific Premier Bancorp in the 4th quarter valued at $158,000. Finally, FMR LLC increased its position in shares of Pacific Premier Bancorp by 11.9% during the 3rd quarter. FMR LLC now owns 6,782 shares of the financial services provider's stock valued at $171,000 after purchasing an additional 723 shares during the last quarter. 93.11% of the stock is currently owned by institutional investors.

About Pacific Premier Bancorp

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.