Investment analysts at StockNews.com started coverage on shares of Central Pacific Financial (NYSE:CPF – Get Rating) in a research note issued to investors on Thursday. The firm set a “hold” rating on the financial services provider’s stock.
Central Pacific Financial Price Performance
Shares of CPF stock opened at $19.39 on Thursday. The firm has a market cap of $524.31 million, a P/E ratio of 7.21 and a beta of 1.13. Central Pacific Financial has a fifty-two week low of $17.91 and a fifty-two week high of $28.89. The business’s 50 day moving average price is $22.08 and its 200-day moving average price is $21.32. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.83 and a current ratio of 0.83.
Central Pacific Financial (NYSE:CPF – Get Rating) last released its earnings results on Wednesday, January 25th. The financial services provider reported $0.74 EPS for the quarter, beating analysts’ consensus estimates of $0.61 by $0.13. The company had revenue of $67.89 million during the quarter, compared to analysts’ expectations of $66.63 million. Central Pacific Financial had a return on equity of 16.13% and a net margin of 26.35%. On average, equities research analysts anticipate that Central Pacific Financial will post 2.52 earnings per share for the current year.
Institutional Inflows and Outflows
About Central Pacific Financial
Central Pacific Financial Corp. is a bank holding company, which engages in the provision of commercial banking services through its wholly owned subsidiary, Central Pacific Bank. It operates through the following segments: Banking Operations, Treasury, and All Others. The Banking Operations segment includes construction and real estate development lending, commercial lending, residential mortgage lending and servicing, indirect auto lending, trust services, and retail brokerage services.
- Get a free copy of the StockNews.com research report on Central Pacific Financial (CPF)
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