It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. After-hours trades for Pacific Premier Bancorp Inc. (PPBI) shows that investor sentiment remained same, with the stock’s consolidated last price remained same to $33.69. The Pacific Premier Bancorp Inc. has recorded 22,761 volume in the after hours trading session. The stock was recently discussed on Yahoo Finance as it revealed that Pacific Premier Bancorp, Inc. Announces Fourth Quarter 2022 Financial Results and a Quarterly Cash Dividend of $0.33 Per Share.
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Pacific Premier Bancorp Inc. is listed on the NASDAQ in the Financial sector while operating in the Banks – Regional industry. At the end of the last regular session, the stock closed at $33.69 and fluctuated between $33.79 as its day high and $32.04 as its day low. The current market capitalization of Pacific Premier Bancorp Inc. is $3.13B. A total of 0.65 million shares were traded on the day, compared to an average of 406.03K shares.
Insider trades are also considered as indicators of how a stock will perform in the future, in addition to stock predictions. During the recent three months, PPBI has seen 3 BUY and 2 SELL insider trades, representing the acquisition of 10,279 and the disposition of 110,138 shares. Over the last 12 months, there were 51 BUYs and 49 SELLs from insiders. Insiders purchased 471,733 shares during that period but sold 338,052.
In the most recent transaction, GARDNER STEVEN R sold 102,638 shares of PPBI for 31.56 per share on Dec 19. After the transaction, the Chairman, President & CEO now owns 368,482 company shares. In a previous transaction on Nov 16, GARRETT JOSEPH L sold 7,500 shares at 36.12 per share. PPBI shares that Director owns now total 82,415.
Among the insiders who sold shares, GARRETT JOSEPH L disposed of 2,500 shares on May 10 at a per-share price of $31.21. This resulted in the Director holding 83,075 shares of PPBI after the transaction.
The reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. Pacific Premier Bancorp Inc. pays an annual dividend of $1.32, resulting in a dividend yield of 3.92%, and it has a price to earnings (P/E) ratio of 10.26. PPBI’s most recent ex-dividend date was 2/2/2023 when it declared a $0.33 quarterly dividend that was paid in cash on 2/10/2023. Previously, the company paid the dividend on 11/10/2022 with an ex-dividend date of 10/28/2022. The PPBI stock dividend was $0.33 per share in cash.
Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. According to analysts who have offered 12-month price targets for PPBI in the last 3 months, the mean price target is $34.29 with high estimates of $38.00 and low estimates of $33.00. In terms of 52-week highs and lows, PPBI has a high of $40.14 and a low of $27.92.
As of this writing, PPBI has an earnings estimate of $0.78 per share for the current quarter. EPS was calculated based on a consensus of 7 estimates, with a high estimate of $0.83 per share and a lower estimate of $0.74. The company reported an EPS of $0.73 in the last quarter, which was 1.40% higher than expectations of $0.72.
Balance Sheet Annually/Quarterly
As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information.
After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 7 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for PPBI is Overweight with a score of 4.00. A total of 3 analysts rated the stock as Buy while 0 rated it as Overweight while 4 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.