Should I buy or sell Pacific Premier Bancorp stock right now?

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Pacific Premier Bancorp in the last twelve months. There are currently 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" PPBI shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PPBI, but not buy additional shares or sell existing shares. View PPBI analyst ratings or view top-rated stocks .

What is Pacific Premier Bancorp's stock price target for 2024?

5 brokerages have issued 12-month price targets for Pacific Premier Bancorp's stock. Their PPBI share price targets range from $25.00 to $31.00. On average, they anticipate the company's share price to reach $28.60 in the next year. This suggests a possible upside of 32.0% from the stock's current price. View analysts price targets for PPBI or view top-rated stocks among Wall Street analysts .

How have PPBI shares performed in 2024?

Pacific Premier Bancorp's stock was trading at $29.11 at the beginning of the year. Since then, PPBI shares have decreased by 25.6% and is now trading at $21.67. View the best growth stocks for 2024 here .

When is Pacific Premier Bancorp's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 24th 2024. View our PPBI earnings forecast .

How can I listen to Pacific Premier Bancorp's earnings call?

Pacific Premier Bancorp will be holding an earnings conference call on Wednesday, April 24th at 12:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-0088 with passcode "4066481".

How were Pacific Premier Bancorp's earnings last quarter?

Pacific Premier Bancorp, Inc. (NASDAQ:PPBI) posted its quarterly earnings data on Monday, January, 29th. The financial services provider reported $0.51 EPS for the quarter, topping analysts' consensus estimates of $0.48 by $0.03. The financial services provider earned ($17) million during the quarter, compared to analysts' expectations of $169.50 million. Pacific Premier Bancorp had a net margin of 24.75% and a trailing twelve-month return on equity of 7.50%. During the same quarter in the prior year, the company posted $0.77 EPS.

How often does Pacific Premier Bancorp pay dividends? What is the dividend yield for Pacific Premier Bancorp?

Pacific Premier Bancorp announced a quarterly dividend on Saturday, January 27th. Investors of record on Friday, February 9th will be paid a dividend of $0.33 per share on Friday, February 16th. This represents a $1.32 dividend on an annualized basis and a dividend yield of 6.09%. The ex-dividend date of this dividend is Thursday, February 8th. Read our dividend analysis for PPBI .

Is Pacific Premier Bancorp a good dividend stock?

Pacific Premier Bancorp (NASDAQ:PPBI) pays an annual dividend of $1.32 per share and currently has a dividend yield of 6.21%. PPBI has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 440.00%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, PPBI will have a dividend payout ratio of 62.56% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for PPBI .

What ETFs hold Pacific Premier Bancorp's stock?

ETFs with the largest weight of Pacific Premier Bancorp (NASDAQ:PPBI) stock in their portfolio include Invesco KBW Regional Banking ETF (KBWR) , First Trust NASDAQ ABA Community Bank Index Fund (QABA) , Invesco S&P SmallCap Financials ETF (PSCF) and First Trust Nasdaq Bank ETF (FTXO) . SPDR S&P 600 Small Cap ETF (SLY) .

What is Steve Gardner's approval rating as Pacific Premier Bancorp's CEO?

37 employees have rated Pacific Premier Bancorp Chief Executive Officer Steve Gardner on Glassdoor.com . Steve Gardner has an approval rating of 47% among the company's employees. This puts Steve Gardner in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Pacific Premier Bancorp own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Pacific Premier Bancorp investors own include AbbVie (ABBV) , JPMorgan Chase & Co. (JPM) , Oracle (ORCL) , Pattern Energy Group (PEGI) , Visa (V) , Verizon Communications (VZ) , Exxon Mobil (XOM) , Carnival Co. & (CCL) , Cohu (COHU) and DICK'S Sporting Goods (DKS) .

Who are Pacific Premier Bancorp's major shareholders?

Pacific Premier Bancorp's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Hennessy Advisors Inc. (0.13%) and Vanguard Capital Wealth Advisors (0.02%). Insiders that own company stock include Barbara Polsky, Edward Earl Wilcox , Jaynie M Studenmund , Jeff C Jones , Joseph L Garrett , Lori R Wright, Michael S Karr , Sherri V Scott, Steven R Gardner and Tom Rice. 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 .

NASDAQ:PPBI

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

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Free PPBI Stock Alerts

$21.67

+0.36 (+1.69%)

(As of 10:03 AM ET)

Compare

Today's Range: $21.20
▼
$21.76
50-Day Range: $21.24
▼
$25.32
52-Week Range: $17.53
▼
$30.13

Volume: 36,297 shs
Average Volume: 519,868 shs
Market Capitalization: $2.08 billion

P/E Ratio: 72.23
Dividend Yield: 6.09%
Price Target: $28.60

Get Pacific Premier Bancorp alerts:

Pacific Premier Bancorp MarketRank™ Stock Analysis

Analyst Rating: Hold
2.40 Rating Score
Upside/Downside: 32.0% Upside
$28.60 Price Target
Short Interest: Healthy
1.78% of Float Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: N/A
News Sentiment: -0.13
Based on 6 Articles This Week
Insider Trading: Acquiring Shares
$28,704 Bought Last Quarter
Proj. Earnings Growth: 7.65%
From $1.96 to $2.11 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.

4.13 out of 5 stars

Finance Sector

304th out of 847 stocks

State Commercial Banks Industry

71st out of 177 stocks

3.2

Analyst's Opinion

Consensus Rating
Pacific Premier Bancorp has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 2 buy ratings, 3 hold ratings, and no sell ratings.
Amount of Analyst Coverage
Pacific Premier Bancorp has only been the subject of 3 research reports in the past 90 days.

4.0

Short Interest

Percentage of Shares Shorted
1.78% 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 3.1, 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 1.18%, indicating that investor sentiment is improving.

2.5

Dividend Strength

Dividend Leadership
Pacific Premier Bancorp is a leading dividend payer. It pays a dividend yield of 6.21%, 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 Coverage
The dividend payout ratio of Pacific Premier Bancorp is 440.00%. Payout ratios above 75% are not desirable because they may not be sustainable.
Dividend Sustainability
Based on earnings estimates, Pacific Premier Bancorp will have a dividend payout ratio of 62.56% next year. This indicates that Pacific Premier Bancorp will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for PPBI.

1.6

News and Social Media Coverage

News Sentiment
Pacific Premier Bancorp has a news sentiment score of -0.13. 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 lower news sentiment than the 0.58 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 6 news articles for Pacific Premier Bancorp this week, compared to 3 articles on an average week.
Search Interest
1 people have searched for PPBI on MarketBeat in the last 30 days.
MarketBeat Follows
Only 2 people have added Pacific Premier Bancorp to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Pacific Premier Bancorp insiders have bought more of their company's stock than they have sold. Specifically, they have bought $28,704.00 in company stock and sold $0.00 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.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Pacific Premier Bancorp are expected to grow by 7.65% in the coming year, from $1.96 to $2.11 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Pacific Premier Bancorp is 72.23, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.64.
Price to Earnings Ratio vs. Sector
The P/E ratio of Pacific Premier Bancorp is 72.23, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 58.04.
Price to Book Value per Share Ratio
Pacific Premier Bancorp has a P/B Ratio of 0.72. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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About Pacific Premier Bancorp Stock (NASDAQ:PPBI)

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.

PPBI Stock Price History

30 days | 90 days | 365 days | Advanced Chart

PPBI Stock News Headlines

March 26, 2024 | insidertrades.com

Pacific Premier Bancorp, Inc. (NASDAQ:PPBI) Director Barbara Polsky Purchases 1,200 Shares

April 19, 2024 | americanbankingnews.com

FY2025 Earnings Estimate for Pacific Premier Bancorp, Inc. (NASDAQ:PPBI) Issued By DA Davidson

April 19, 2024 | Altimetry (Ad)

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April 17, 2024 | americanbankingnews.com

Pacific Premier Bancorp (PPBI) Scheduled to Post Quarterly Earnings on Wednesday

April 13, 2024 | morningstar.com

Pacific Premier Bancorp Inc

March 29, 2024 | businesswire.com

Pacific Premier Bancorp, Inc. to Announce First Quarter 2024 Financial Results on April 24, 2024

March 26, 2024 | investorplace.com

7 Sorry Financial Stocks to Sell in March While You Still Can

February 22, 2024 | finance.yahoo.com

PPBI Sep 2024 30.000 put

April 19, 2024 | Altimetry (Ad)

I’m officially sounding the alarm.

February 16, 2024 | benzinga.com

Elevating Investor Returns: Pacific Premier Bancorp Delivers Strong Performance and Growing Profits

February 14, 2024 | seekingalpha.com

Pacific Premier Bancorp: Downgrading To Hold, Expecting Earnings To Decline

February 9, 2024 | msn.com

Pacific Premier Bancorp Announces Joseph Garrett’s Retirement

February 1, 2024 | benzinga.com

Pacific Premier Bancorp Stock (NASDAQ:PPBI) Earnings Dates and Earning Calls

January 30, 2024 | finance.yahoo.com

Q4 2023 Pacific Premier Bancorp Inc Earnings Call

January 29, 2024 | finance.yahoo.com

Pacific Premier Bancorp (PPBI) Reports Q4 Earnings: What Key Metrics Have to Say

January 29, 2024 | msn.com

Earnings, Fed Outlook Roil Wall Street Pre-Bell; Asia Up, Europe Steady

January 29, 2024 | finance.yahoo.com

Pacific Premier Bancorp Inc (PPBI) Reports Q4 2023 Results: Net Loss Amid Balance Sheet ...

January 28, 2024 | markets.businessinsider.com

Here's what to expect from Pacific Premier Bancorp's earnings report

January 24, 2024 | finance.yahoo.com

Pacific Premier Bancorp (PPBI) Q4 Earnings Preview: What You Should Know Beyond the Headline Estimates

January 22, 2024 | finance.yahoo.com

Analysts Estimate Pacific Premier Bancorp (PPBI) to Report a Decline in Earnings: What to Look Out for

January 2, 2024 | finance.yahoo.com

Pacific Premier Bancorp, Inc. to Announce Fourth Quarter 2023 Financial Results on January 29, 2024

December 17, 2023 | finance.yahoo.com

Insider Sell: Sr. EVP, Deputy CFO Lori Wright Sells 13,000 Shares of Pacific Premier Bancorp ...

December 4, 2023 | markets.businessinsider.com

5 Analysts Have This to Say About Pacific Premier Bancorp

November 27, 2023 | msn.com

Pacific Premier Bancorp (PPBI) Price Target Increased by 9.26% to 25.79

November 22, 2023 | finance.yahoo.com

Pacific Premier's (PPBI) Securities Repositioning to Drive NII

November 20, 2023 | msn.com

Pacific Premier Bancorp repositions its balance sheet

November 20, 2023 | marketwatch.com

Pacific Premier Repositions Securities Portfolio at $182.3 Million Loss

See More Headlines

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Company Calendar

Last Earnings: 1/29/2024
Ex-Dividend for 2/16 Dividend: 2/08/2024
Dividend Payable: 2/16/2024
Today: 4/19/2024
Next Earnings (Confirmed): 4/24/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Finance
Industry: State commercial banks
Sub-Industry: N/A
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: $28.60
High Stock Price Target: $31.00
Low Stock Price Target: $25.00
Potential Upside/Downside: +34.2%
Consensus Rating: Hold
Rating Score (0-4): 2.40
Research Coverage: 5 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.30
Trailing P/E Ratio: 71.03
Forward P/E Ratio: 10.87
P/E Growth: N/A
Net Income: $30.85 million
Net Margins: 24.75%
Pretax Margin: 4.77%
Return on Equity: 7.50%
Return on Assets: 1.05%

Debt

Debt-to-Equity Ratio: 0.32
Current Ratio: 0.93
Quick Ratio: 0.93

Sales & Book Value

Annual Sales: $714.07 million
Price / Sales: 2.86
Cash Flow: $2.47 per share
Price / Cash Flow: 8.63
Book Value: $30.06 per share
Price / Book: 0.71

Miscellaneous

Outstanding Shares: 95,860,000
Free Float: 93,744,000
Market Cap: $2.04 billion
Optionable: Optionable
Beta: 1.21

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Key Executives

Mr. Steven R. Gardner (Age 63)
Chairman, President & CEO
Comp: $1.66M
Mr. Ronald J. Nicolas Jr. (Age 65)
Senior EVP & CFO
Comp: $818.75k
Mr. Matthew J. Lazzaro
Senior VP & Director of Investor Relations
Mr. Mark D. Whalen
Chief Lending Officer & Senior VP
Ms. Lori R. Wright CPA (Age 44)
Senior EVP & Deputy CFO
Ms. Tamara Beth Wendoll M.B.A. (Age 53)
Senior EVP and President of Pacific Premier Trust
Mr. John Mangold (Age 48)
First Vice President and Treasurer
Mr. Steven R. Arnold (Age 53)
Corporate Secretary

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

PPBI Stock Analysis - Frequently Asked Questions

Should I buy or sell Pacific Premier Bancorp stock right now?: 5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Pacific Premier Bancorp in the last twelve months. There are currently 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" PPBI shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PPBI, but not buy additional shares or sell existing shares.
View PPBI analyst ratings or view top-rated stocks.
What is Pacific Premier Bancorp's stock price target for 2024?: 5 brokerages have issued 12-month price targets for Pacific Premier Bancorp's stock. Their PPBI share price targets range from $25.00 to $31.00. On average, they anticipate the company's share price to reach $28.60 in the next year. This suggests a possible upside of 32.0% from the stock's current price.
View analysts price targets for PPBI or view top-rated stocks among Wall Street analysts.
How have PPBI shares performed in 2024?: Pacific Premier Bancorp's stock was trading at $29.11 at the beginning of the year. Since then, PPBI shares have decreased by 25.6% and is now trading at $21.67.
View the best growth stocks for 2024 here.
When is Pacific Premier Bancorp's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, April 24th 2024.
View our PPBI earnings forecast.
How can I listen to Pacific Premier Bancorp's earnings call?: Pacific Premier Bancorp will be holding an earnings conference call on Wednesday, April 24th at 12:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-0088 with passcode "4066481".
How were Pacific Premier Bancorp's earnings last quarter?: Pacific Premier Bancorp, Inc. (NASDAQ:PPBI) posted its quarterly earnings data on Monday, January, 29th. The financial services provider reported $0.51 EPS for the quarter, topping analysts' consensus estimates of $0.48 by $0.03. The financial services provider earned ($17) million during the quarter, compared to analysts' expectations of $169.50 million. Pacific Premier Bancorp had a net margin of 24.75% and a trailing twelve-month return on equity of 7.50%. During the same quarter in the prior year, the company posted $0.77 EPS.
How often does Pacific Premier Bancorp pay dividends? What is the dividend yield for Pacific Premier Bancorp?: Pacific Premier Bancorp announced a quarterly dividend on Saturday, January 27th. Investors of record on Friday, February 9th will be paid a dividend of $0.33 per share on Friday, February 16th. This represents a $1.32 dividend on an annualized basis and a dividend yield of 6.09%. The ex-dividend date of this dividend is Thursday, February 8th.
Read our dividend analysis for PPBI.

Is Pacific Premier Bancorp a good dividend stock?: Pacific Premier Bancorp (NASDAQ:PPBI) pays an annual dividend of $1.32 per share and currently has a dividend yield of 6.21%. PPBI has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 440.00%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, PPBI will have a dividend payout ratio of 62.56% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for PPBI.
What ETFs hold Pacific Premier Bancorp's stock?: ETFs with the largest weight of Pacific Premier Bancorp (NASDAQ:PPBI) stock in their portfolio include Invesco KBW Regional Banking ETF (KBWR), First Trust NASDAQ ABA Community Bank Index Fund (QABA), Invesco S&P SmallCap Financials ETF (PSCF) and First Trust Nasdaq Bank ETF (FTXO).SPDR S&P 600 Small Cap ETF (SLY).
What is Steve Gardner's approval rating as Pacific Premier Bancorp's CEO?: 37 employees have rated Pacific Premier Bancorp Chief Executive Officer Steve Gardner on Glassdoor.com. Steve Gardner has an approval rating of 47% among the company's employees. This puts Steve Gardner in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.
What other stocks do shareholders of Pacific Premier Bancorp own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Pacific Premier Bancorp investors own include AbbVie (ABBV), JPMorgan Chase & Co. (JPM), Oracle (ORCL), Pattern Energy Group (PEGI), Visa (V), Verizon Communications (VZ), Exxon Mobil (XOM), Carnival Co. & (CCL), Cohu (COHU) and DICK'S Sporting Goods (DKS).
Who are Pacific Premier Bancorp's major shareholders?: Pacific Premier Bancorp's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Hennessy Advisors Inc. (0.13%) and Vanguard Capital Wealth Advisors (0.02%). Insiders that own company stock include Barbara Polsky, Edward Earl Wilcox, Jaynie M Studenmund, Jeff C Jones, Joseph L Garrett, Lori R Wright, Michael S Karr, Sherri V Scott, Steven R Gardner and Tom Rice.
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.

This page (NASDAQ:PPBI) was last updated on 4/19/2024 by MarketBeat.com Staff

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