Q1 Earnings Forecast for PPBI Issued By DA Davidson

Pacific Premier Bancorp, Inc. (NASDAQ:PPBI) – Research analysts at DA Davidson issued their Q1 2025 earnings per share (EPS) estimates for Pacific Premier Bancorp in a research report 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 $1.59 per share.

Pacific Premier Bancorp (NASDAQ:PPBI) last posted its earnings results on Thursday, January 23rd. The financial services provider reported $0.35 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.32 by $0.03.

Separately, Wedbush decreased their target price on Pacific Premier Bancorp from $27.00 to $25.00 and set a “neutral” rating on the stock in a research note on Friday, October 25th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $27.00.

Pacific Premier Bancorp Trading Up 3.1 %

Shares of PPBI stock opened at $25.74 on Tuesday. The company has a market capitalization of $2.48 billion, a PE ratio of -171.59 and a beta of 1.26. Pacific Premier Bancorp has a 52-week low of $20.52 and a 52-week high of $30.28. The business’s fifty day moving average is $26.00 and its 200 day moving average is $25.75. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.88 and a current ratio of 0.88.

Institutional Investors Weigh In On Pacific Premier Bancorp

Institutional investors and hedge funds have recently bought and sold shares of the business. GAMMA Investing LLC boosted its stake in shares of Pacific Premier Bancorp by 121.5% during the 3rd quarter. GAMMA Investing LLC now owns 1,183 shares of the financial services provider’s stock valued at $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 3rd quarter valued at approximately $60,000. KBC Group NV boosted its position in Pacific Premier Bancorp by 30.0% during the 3rd quarter. KBC Group NV now owns 3,679 shares of the financial services provider’s stock valued at $93,000 after acquiring an additional 849 shares in the last quarter. FMR LLC grew its holdings 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 worth $171,000 after acquiring an additional 723 shares during the period. Finally, CWC Advisors LLC. bought a new position in shares of Pacific Premier Bancorp in the 3rd quarter worth approximately $235,000. Hedge funds and other institutional investors own 93.11% of the company’s stock.

Insider Activity

In related news, EVP Margaret S. Ohlhaver sold 9,273 shares of the stock in a transaction dated Thursday, November 7th. The stock was sold at an average price of $27.96, for a total transaction of $259,273.08. Following the completion of the sale, the executive vice president now directly owns 25,475 shares in the company, valued at $712,281. This represents a 26.69 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Michael S. Karr sold 10,290 shares of Pacific Premier Bancorp stock in a transaction that occurred on Tuesday, December 17th. The stock was sold at an average price of $26.87, for a total value of $276,492.30. Following the completion of the transaction, the executive vice president now directly owns 79,474 shares in the company, valued at $2,135,466.38. This trade represents a 11.46 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 2.21% of the stock is owned by corporate insiders.

Pacific Premier Bancorp Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, February 10th. Stockholders of record on Monday, February 3rd will be issued a $0.33 dividend. The ex-dividend date is Monday, February 3rd. This represents a $1.32 dividend on an annualized basis and a dividend yield of 5.13%. Pacific Premier Bancorp’s payout ratio is -879.94%.

Pacific Premier Bancorp Company Profile

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.