Central Pacific Financial (CPF) Expected to Announce Earnings on Wednesday

Central Pacific Financial (NYSE:CPF) will likely be posting its quarterly earnings results before the market opens on Wednesday, January 29th. Analysts expect Central Pacific Financial to post earnings of $0.61 per share and revenue of $58,890.00 billion for the quarter. Individual that are interested in participating in the company’s earnings conference call can do so using this link.

Central Pacific Financial Trading Up 0.2 %

NYSE:CPF opened at $28.59 on Wednesday. The company’s 50 day moving average price is $29.77 and its 200-day moving average price is $27.96. Central Pacific Financial has a 52 week low of $18.00 and a 52 week high of $33.25. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.29. The stock has a market cap of $773.82 million, a price-to-earnings ratio of 13.61 and a beta of 1.19.

Central Pacific Financial Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, December 16th. Investors of record on Friday, November 29th were issued a $0.26 dividend. This represents a $1.04 annualized dividend and a yield of 3.64%. The ex-dividend date was Friday, November 29th. Central Pacific Financial’s dividend payout ratio is currently 49.52%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com cut shares of Central Pacific Financial from a “hold” rating to a “sell” rating in a research note on Tuesday, December 10th.

Central Pacific Financial Company Profile

Central Pacific Financial Corp. operates as the bank holding company for Central Pacific Bank that provides a range of commercial banking products and services to businesses, professionals, and individuals in the United States. It offers various deposit products and services, including checking, savings and time deposits, cash management and digital banking, trust, and retail brokerage services, as well as money market accounts and certificates of deposit.