Wall Street analysts expect Pacific Continental Corporation (Ore) (NASDAQ:PCBK) to announce $0.34 earnings per share for the current fiscal quarter, according to Zacks. Three analysts have issued estimates for Pacific Continental Corporation (Ore)’s earnings. Pacific Continental Corporation (Ore) reported earnings per share of $0.23 during the same quarter last year, which would indicate a positive year over year growth rate of 47.8%. The company is expected to issue its next quarterly earnings report on Wednesday, October 25th.

According to Zacks, analysts expect that Pacific Continental Corporation (Ore) will report full year earnings of $1.29 per share for the current fiscal year, with EPS estimates ranging from $1.27 to $1.31. For the next financial year, analysts expect that the company will post earnings of $1.48 per share, with EPS estimates ranging from $1.45 to $1.54. Zacks Investment Research’s EPS calculations are a mean average based on a survey of research analysts that cover Pacific Continental Corporation (Ore).

PCBK has been the subject of a number of recent analyst reports. ValuEngine raised Pacific Continental Corporation (Ore) from a “hold” rating to a “buy” rating in a research report on Friday, September 1st. Zacks Investment Research raised Pacific Continental Corporation (Ore) from a “sell” rating to a “hold” rating in a research report on Friday, September 15th. Finally, BidaskClub cut Pacific Continental Corporation (Ore) from a “hold” rating to a “sell” rating in a research report on Tuesday, August 1st. One research analyst has rated the stock with a sell rating, four have issued a hold rating and two have given a buy rating to the company. The company presently has an average rating of “Hold” and an average target price of $28.00.

Pacific Continental Corporation (NASDAQ PCBK) opened at 27.05 on Thursday. Pacific Continental Corporation has a 52-week low of $16.00 and a 52-week high of $27.50. The stock’s 50 day moving average is $25.09 and its 200-day moving average is $24.85. The firm has a market capitalization of $615.98 million, a PE ratio of 23.81 and a beta of 0.80.

Institutional investors have recently made changes to their positions in the business. Brighton Jones LLC bought a new stake in Pacific Continental Corporation (Ore) during the second quarter worth approximately $323,000. BSW Wealth Partners bought a new stake in shares of Pacific Continental Corporation (Ore) in the second quarter valued at approximately $511,000. Virtu Financial LLC boosted its position in shares of Pacific Continental Corporation (Ore) by 112.9% in the second quarter. Virtu Financial LLC now owns 52,919 shares of the financial services provider’s stock valued at $1,352,000 after acquiring an additional 28,058 shares during the period. UBS Group AG boosted its position in shares of Pacific Continental Corporation (Ore) by 25.6% in the first quarter. UBS Group AG now owns 29,729 shares of the financial services provider’s stock valued at $728,000 after acquiring an additional 6,061 shares during the period. Finally, Vanguard Group Inc. boosted its position in shares of Pacific Continental Corporation (Ore) by 22.7% in the first quarter. Vanguard Group Inc. now owns 860,126 shares of the financial services provider’s stock valued at $21,073,000 after acquiring an additional 158,990 shares during the period. 67.37% of the stock is owned by hedge funds and other institutional investors.

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About Pacific Continental Corporation (Ore)

Pacific Continental Corporation is a bank holding company. The Company’s principal business activities are conducted through its subsidiary, Pacific Continental Bank (the Bank), an Oregon state-chartered bank with deposits insured by the Federal Deposit Insurance Corporation. The Bank operates in three primary markets: Eugene, Oregon, Portland; Oregon/Southwest Washington, and Seattle, Washington.

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Earnings History and Estimates for Pacific Continental Corporation (Ore) (NASDAQ:PCBK)

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