Preferred Bank (California) (PFBC)

64.05
NASDAQ : Finance
Prev Close 63.19
Day Low/High 62.85 / 64.29
52 Wk Low/High 46.88 / 67.65
Avg Volume 86.40K
Exchange NASDAQ
Shares Outstanding 13.19M
Market Cap 852.74M
EPS 3.00
P/E Ratio 21.35
Div & Yield 0.88 (1.24%)

Latest News

Cash Dividend On The Way From Preferred Bank (PFBC)

Looking at the universe of stocks we cover at Dividend Channel, on 1/5/18, Preferred Bank will trade ex-dividend, for its quarterly dividend of $0.22, payable on 1/22/18. As a percentage of PFBC's recent stock price of $58.00, this dividend works out to approximately 0.38%.

YieldBoost PFBC To 8.9% Using Options

Shareholders of Preferred Bank looking to boost their income beyond the stock's 1.4% annualized dividend yield can sell the June 2018 covered call at the $65 strike and collect the premium based on the $2.60 bid, which annualizes to an additional 7.6% rate of return against the current stock price (at Stock Options Channel we call this the YieldBoost), for a total of 8.9% annualized rate in the scenario where the stock is not called away. Any upside above $65 would be lost if the stock rises there and is called away, but PFBC shares would have to advance 9.1% from current levels for that to occur, meaning that in the scenario where the stock is called, the shareholder has earned a 13.5% return from this trading level, in addition to any dividends collected before the stock was called.

PFBC Crosses Above Average Analyst Target

In recent trading, shares of Preferred Bank have crossed above the average analyst 12-month target price of $65.20, changing hands for $65.59/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level.

Preferred Bank is Now Oversold (PFBC)

Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which measures momentum on a scale of zero to 100.

The PFBC Paradox: Analysts Bullish But Forecast -2.67% Fall

The PFBC Paradox: Analysts Bullish But Forecast -2.67% Fall

Analyst ratings can sometimes be complicated, and we here at ETF Channel have noticed a bit of a paradox with Preferred Bank . The average 12-month price target for PFBC — averaging the work of 4 analysts — reveals an average price target of $53.25/share.

Preferred Bank Reaches Analyst Target Price

Preferred Bank Reaches Analyst Target Price

In recent trading, shares of Preferred Bank have crossed above the average analyst 12-month target price of $49.75, changing hands for $51.98/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level.

Strange: Bullish PFBC Analysts Actually See -4.62% Downside

Strange: Bullish PFBC Analysts Actually See -4.62% Downside

Analyst ratings can sometimes be complicated, and we here at ETF Channel have noticed a bit of a paradox with Preferred Bank . The average 12-month price target for PFBC — averaging the work of 4 analysts — reveals an average price target of $46.25/share.

TheStreet Quant Rating: A+ (Buy)