The Central Pacific Financial Corp (CPF) share price is expected to increase by 13.88% over the next year. This is based on calculating the average 12-month share price estimate provided by 5 stock analysts who have covered CPF. Price targets range from $32 at the low end to $32 at the high end. The current analyst consensus for CPF is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
Central Pacific Financial Corp has a total of 5 Wall St Analyst ratings. There are 2 buy ratings, 3 ratings, and 0 sell ratings. Since most analysts have a buy consensus rating, the expectation is that Central Pacific Financial Corp will outperform the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.
These are the latest 20 analyst ratings of CPF.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Andrew Liesch Piper Sandler | Overweight | $30 | Maintains | Aug 1, 2024 |
Andrew Liesch Piper Sandler | Overweight | $24 | Maintains | Feb 1, 2024 |
David Long Raymond James | Market Perform | Downgrade | Oct 6, 2022 | |
David Feaster Raymond James | Outperform | $26 | Maintains | Jul 7, 2022 |
David Feaster Raymond James | Outperform | $33 | Maintains | Jan 27, 2022 |
Raymond James | Outperform | Upgrade | Mar 11, 2021 | |
Andrew Liesch Piper Sandler | Overweight | $23 | Upgrade | Jan 28, 2021 |
Piper Sandler | Neutral | $15 | Maintains | Oct 1, 2020 |
Compass Point | Buy | Upgrade | Apr 23, 2020 | |
Compass Point | Neutral | $30 | Downgrade | Jul 25, 2019 |
Compass Point | Buy | Upgrade | Jan 26, 2017 | |
Compass Point | Buy | Upgrade | Oct 28, 2016 | |
Compass Point | Neutral | Initiates | Aug 11, 2016 | |
Raymond James | Outperform | $26 | Maintains | Aug 2, 2016 |
PiperJaffray | Neutral | Initiates | Jul 8, 2016 | |
Piper Sandler | Neutral | Initiates | Jul 8, 2016 | |
Macquarie | Neutral | $35 | Maintains | Oct 30, 2015 |
Sandler O'Neill | Buy | Upgrade | Sep 21, 2015 | |
Piper Sandler | Buy | $23 | Upgrade | Sep 21, 2015 |
Macquarie | Neutral | Initiates | Mar 17, 2015 |
When did it IPO
1990
Staff Count
696
Country
United States
Sector/Industry
Financial Services/Banks - Regional
CEO
Mr. Arnold D. Martines
Market Cap
$759.4M
In 2023, CPF generated $247.0M in revenue, which was a decrease of -4.99% from the previous year. This can be seen as a signal that CPF's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - Central Pacific Bank has chosen ARGO Connects for enhancing transaction processing and customer experience across digital and physical channels, strengthening their service capabilities.
Why It Matters - ARGO's partnership with Central Pacific Bank enhances its market position in financial software, indicating growth potential and increased revenue streams, which can positively impact stock performance.
Summary - Central Pacific Financial Corp. (NYSE: CPF) will hold its Q2 2024 earnings conference call on July 31, 2024, at 1:00 PM ET, featuring key executives and analysts.
Why It Matters - The Q2 2024 earnings call for Central Pacific Financial Corp. signals upcoming insights into financial performance, growth strategies, and potential market movements, influencing investment decisions.
Summary - Central Pacific Financial Corp. reported Q2 2024 net income of $15.8 million (EPS $0.58), up from $12.9 million (EPS $0.48) in Q1 2024 and $14.5 million (EPS $0.53) a year prior.
Why It Matters - Central Pacific Financial's Q2 2024 earnings show growth in net income and EPS, indicating improved financial performance and potential for future profitability, which can influence stock valuation and investor sentiment.
Summary - Central Pacific Financial (CPF) reported its revenue and EPS for Q2 2024, highlighting comparisons to Wall Street estimates and year-ago figures as key metrics for performance evaluation.
Why It Matters - Comparing Central Pacific Financial's revenue and EPS to Wall Street estimates and previous year figures provides insight into its growth trajectory and market positioning, influencing investment decisions.
Summary - Central Pacific Financial (CPF) reported quarterly earnings of $0.58 per share, exceeding the Zacks Consensus Estimate of $0.48, and up from $0.53 per share a year earlier.
Why It Matters - Central Pacific Financial's earnings beat expectations and show year-over-year growth, indicating strong performance and potential for future profitability, which can positively influence stock price.
Summary - Central Pacific Financial Corp. (NYSE: CPF) will release Q2 2024 earnings on July 31, 2024, before NYSE opens, followed by a conference call at 1:00 p.m. ET.
Why It Matters - Central Pacific Financial's upcoming earnings release may impact stock performance and investor sentiment, providing insights into the bank's financial health and operational efficiency.