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

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.

Key Stats

• Today's Range: $27.71 to $27.99
• 50-Day Range: $23.38 to $29.01
• 52-Week Range: $20.52 to $30.13
• Volume: 115,062 shs
• Average Volume: 546,470 shs
• Market Capitalization: $2.69 billion
• P/E Ratio: N/A
• Dividend Yield: 4.73%
• Price Target: $26.50
• Consensus Rating: Moderate Buy

Pacific Premier Bancorp Stock Analysis - MarketRank™

Pacific Premier Bancorp scored higher than 49% of companies evaluated by MarketBeat, and ranked 660th out of 953 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.3 / 5
• Analyst Rating: Moderate Buy

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 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: -17.50%

Earnings Growth

Earnings for Pacific Premier Bancorp are expected to decrease by -17.50% in the coming year, from $1.60 to $1.32 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Pacific Premier Bancorp is -185.99, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Pacific Premier Bancorp is -185.99, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Pacific Premier Bancorp has a P/B Ratio of 0.91. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.70% 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 2.9, 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 21.57%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Pacific Premier Bancorp is a leading dividend payer. It pays a dividend yield of 4.76%, 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 Sustainability

Based on EPS estimates, Pacific Premier Bancorp will have a dividend payout ratio of 100.00% in the coming year. This indicates that Pacific Premier Bancorp may not be able to sustain their current dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

1.70% 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 2.9, 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 21.57%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.6 / 5
• News Sentiment: 1.54

News Sentiment

Pacific Premier Bancorp has a news sentiment score of 1.54. 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 higher news sentiment than the 0.70 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.

Search Interest

2 people have searched for PPBI on MarketBeat in the last 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

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 $1,245,713.00 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.

PPBI Stock Analysis - Frequently Asked Questions

How have PPBI shares performed this year?

Pacific Premier Bancorp's stock was trading at $29.11 on January 1st, 2024. Since then, PPBI shares have decreased by 4.2% and is now trading at $27.90.
View the best growth stocks for 2024 here.

How were Pacific Premier Bancorp's earnings last quarter?

Pacific Premier Bancorp, Inc. (NASDAQ:PPBI) posted its quarterly earnings results on Thursday, October, 24th. The financial services provider reported $0.37 EPS for the quarter, missing the consensus estimate of $0.38 by $0.01. The financial services provider earned $224.49 million during the quarter, compared to analysts' expectations of $153.23 million.

Who are Pacific Premier Bancorp's major shareholders?

Pacific Premier Bancorp's top institutional investors include State Street Corp (5.10%), Massachusetts Financial Services Co. MA (2.87%), Geode Capital Management LLC (2.39%) and Victory Capital Management Inc. (1.50%). 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, Margaret S Ohlhaver, Tamara Wendoll, Sherri V Scott and Barbara Polsky.
View institutional ownership trends.

How do I buy shares of Pacific Premier Bancorp?

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.

What other stocks do shareholders of Pacific Premier Bancorp own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Pacific Premier Bancorp investors own include NVIDIA (NVDA), JPMorgan Chase & Co. (JPM), Tesla (TSLA), Advanced Micro Devices (AMD), Meta Platforms (META), Netflix (NFLX) and Visa (V).

Company Calendar

• Last Earnings: 10/24/2024
• Ex-Dividend for 11/12 Dividend: 11/04/2024
• Dividend Payable: 11/12/2024
• Today: 11/18/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/03/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: State commercial banks
• Sub-Industry: Banking
• Current Symbol: NASDAQ:PPBI
• CUSIP: N/A
• CIK: 1028918
• Web: www.ppbi.com
• Phone: (949) 864-8000
• Fax: 302-655-5049
• Employees: 1,345
• Year Founded: 1983

Price Target and Rating

• Average Stock Price Target: $26.50
• High Stock Price Target: $28.00
• Low Stock Price Target: $25.00
• Potential Upside/Downside: -4.5%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 6 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($0.15)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 17.34
• P/E Growth: N/A
• Net Income: $30.85 million
• Net Margins: N/A
• Pretax Margin: -3.57%
• Return on Equity: 5.94%
• Return on Assets: 0.93%

Debt

• Debt-to-Equity Ratio: 0.09
• Current Ratio: 0.88
• Quick Ratio: 0.88

Sales & Book Value

• Annual Sales: $714.07 million
• Price / Sales: 3.75
• Cash Flow: $2.46 per share
• Price / Cash Flow: 11.27
• Book Value: $30.53 per share
• Price / Book: 0.91

Miscellaneous

• Outstanding Shares: 96,440,000
• Free Float: 94,310,000
• Market Cap: $2.68 billion
• Optionable: Optionable
• Beta: 1.21