Central Pacific Financial Corp. Price Target Raised to $20.00 at Keefe, Bruyette & Woods (CPF)
Stock analysts at Keefe, Bruyette & Woods increased their price objective on shares of Central Pacific Financial Corp. (NYSE:CPF) from $19.00 to $20.00 in a report issued on Monday, AnalystRatings.NET reports. The firm currently has a “market perform” rating on the stock. Keefe, Bruyette & Woods’ price target would suggest a potential upside of 9.29% from the company’s current price.
Central Pacific Financial Corp. (NYSE:CPF) traded down 0.27% on Monday, hitting $18.30. 143,583 shares of the company’s stock traded hands. Central Pacific Financial Corp. has a one year low of $14.67 and a one year high of $20.52. The stock has a 50-day moving average of $19.86 and a 200-day moving average of $18.59. The company has a market cap of $770.6 million and a P/E ratio of 4.54.
Central Pacific Financial Corp. (NYSE:CPF) last announced its earnings results on Thursday, January 30th. The company reported $0.21 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.23 by $0.02. On average, analysts predict that Central Pacific Financial Corp. will post $0.88 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Monday, March 17th. Investors of record on Friday, February 28th will be paid a dividend of 0.08 per share. This represents a $0.32 annualized dividend and a dividend yield of 1.75%. The ex-dividend date is Wednesday, February 26th.
Separately, analysts at TheStreet upgraded shares of Central Pacific Financial Corp. from a “hold” rating to a “buy” rating in a research note to investors on Wednesday, November 6th. Two research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Central Pacific Financial Corp. presently has a consensus rating of “Buy” and a consensus target price of $19.55.
Central Pacific Financial Corp. (NYSE:CPF) is a bank holding company.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.