DA Davidson Has Pessimistic Outlook of PPBI FY2026 Earnings

Pacific Premier Bancorp, Inc. (NASDAQ:PPBI - Free Report) - Equities researchers at DA Davidson decreased their FY2026 earnings per share (EPS) estimates for shares of Pacific Premier Bancorp in a research note issued to investors on Wednesday, April 2nd. DA Davidson analyst G. Tenner now anticipates that the financial services provider will earn $1.56 per share for the year, down from their prior forecast of $1.57. 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.

Pacific Premier Bancorp Trading Up 0.2 %

Pacific Premier Bancorp stock traded up $0.03 during midday trading on Thursday, hitting $19.07. 249,791 shares of the stock were exchanged, compared to its average volume of 579,771. The stock has a market capitalization of $1.84 billion, a PE ratio of 11.64 and a beta of 1.16. The company has a fifty day simple moving average of $23.32 and a two-hundred day simple moving average of $25.04. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.09. Pacific Premier Bancorp has a 52 week low of $18.35 and a 52 week high of $30.28.

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

Pacific Premier Bancorp Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, February 10th. Stockholders of record on Monday, February 3rd were given a dividend of $0.33 per share. The ex-dividend date was Monday, February 3rd. This represents a $1.32 dividend on an annualized basis and a dividend yield of 6.92%. Pacific Premier Bancorp's dividend payout ratio is 80.49%.

Institutional Trading of Pacific Premier Bancorp

A number of large investors have recently made changes to their positions in PPBI. Vanguard Group Inc. grew its stake in Pacific Premier Bancorp by 0.7% in the fourth quarter. Vanguard Group Inc. now owns 11,241,494 shares of the financial services provider's stock valued at $280,138,000 after acquiring an additional 78,381 shares during the period. Massachusetts Financial Services Co. MA increased its holdings in Pacific Premier Bancorp by 2.7% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 2,842,985 shares of the financial services provider's stock worth $70,847,000 after purchasing an additional 74,644 shares in the last quarter. Geode Capital Management LLC raised its position in Pacific Premier Bancorp by 1.1% in the 3rd quarter. Geode Capital Management LLC now owns 2,303,222 shares of the financial services provider's stock valued at $57,960,000 after buying an additional 25,964 shares during the last quarter. Invesco Ltd. lifted its position in shares of Pacific Premier Bancorp by 12.1% in the fourth quarter. Invesco Ltd. now owns 2,246,800 shares of the financial services provider's stock worth $55,990,000 after purchasing an additional 241,881 shares in the last quarter. Finally, Alliancebernstein L.P. lifted its position in Pacific Premier Bancorp by 0.5% during the 4th quarter. Alliancebernstein L.P. now owns 1,467,366 shares of the financial services provider's stock worth $36,567,000 after buying an additional 7,465 shares in the last quarter. Institutional investors own 93.11% of the company's stock.

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.