What is DA Davidson’s Estimate for PPBI Q1 Earnings?

Pacific Premier Bancorp, Inc. (NASDAQ:PPBI) – Stock analysts at DA Davidson issued their Q1 2025 earnings estimates for Pacific Premier Bancorp in a report issued on Monday, January 27th. DA Davidson analyst G. Tenner anticipates that the financial services provider will post earnings per share of $0.32 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 released its quarterly earnings results on Thursday, January 23rd. The financial services provider reported $0.35 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.32 by $0.03.

Separately, Wedbush dropped their price objective 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 assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $27.00.

Pacific Premier Bancorp Stock Up 0.2 %

Shares of NASDAQ:PPBI opened at $25.80 on Tuesday. The business’s 50 day moving average is $25.96 and its 200 day moving average is $25.76. Pacific Premier Bancorp has a 12-month low of $20.52 and a 12-month high of $30.28. The stock has a market cap of $2.49 billion, a price-to-earnings ratio of -171.99 and a beta of 1.26. The company has a quick ratio of 0.88, a current ratio of 0.88 and a debt-to-equity ratio of 0.09.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Natixis Advisors LLC grew its position in Pacific Premier Bancorp by 1.0% in the 3rd quarter. Natixis Advisors LLC now owns 44,685 shares of the financial services provider’s stock worth $1,124,000 after purchasing an additional 449 shares during the period. Cubist Systematic Strategies LLC boosted its stake in shares of Pacific Premier Bancorp by 0.8% in the 2nd quarter. Cubist Systematic Strategies LLC now owns 75,842 shares of the financial services provider’s stock worth $1,742,000 after buying an additional 631 shares during the last quarter. GAMMA Investing LLC grew its holdings in shares of Pacific Premier Bancorp by 121.5% in the third quarter. GAMMA Investing LLC now owns 1,183 shares of the financial services provider’s stock worth $30,000 after acquiring an additional 649 shares during the period. FMR LLC increased its position in Pacific Premier Bancorp by 11.9% during the third quarter. FMR LLC now owns 6,782 shares of the financial services provider’s stock valued at $171,000 after acquiring an additional 723 shares during the last quarter. Finally, HighTower Advisors LLC lifted its holdings in Pacific Premier Bancorp by 4.4% in the third quarter. HighTower Advisors LLC now owns 18,599 shares of the financial services provider’s stock valued at $468,000 after acquiring an additional 789 shares during the period. Institutional investors own 93.11% of the company’s stock.

Insider Activity

In related news, EVP Michael S. Karr sold 10,290 shares of Pacific Premier Bancorp stock in a transaction that occurred on Tuesday, December 17th. The shares were 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 approximately $2,135,466.38. The trade was a 11.46 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Margaret S. Ohlhaver sold 9,273 shares of the company’s stock in a transaction dated Thursday, November 7th. The shares were sold at an average price of $27.96, for a total value of $259,273.08. Following the sale, the executive vice president now owns 25,475 shares in the company, valued at approximately $712,281. This represents a 26.69 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 2.21% of the company’s stock.

Pacific Premier Bancorp Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, February 10th. Shareholders of record on Monday, February 3rd will be paid a $0.33 dividend. The ex-dividend date of this dividend is Monday, February 3rd. This represents a $1.32 dividend on an annualized basis and a yield of 5.12%. Pacific Premier Bancorp’s dividend payout ratio (DPR) is presently 80.49%.

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.