
Peapack-Gladstone (PGC) Upgraded to Buy: Here's What You Should Know
Peapack-Gladstone (PGC) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
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Peapack-Gladstone (PGC) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

Trading at compelling price-to-sales discounts, names like ED, PCB, APLE and PGC stand out as revenue momentum builds, offering value investors a timely entry into fundamentally improving stories.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Peapack-Gladstone Financial Corporation (NASDAQ: PGC - Get Free Report) has earned a consensus rating of "Moderate Buy" from the five analysts that are presently covering the company, Marketbeat Ratings reports. Two analysts have rated the stock with a hold recommendation, two have issued a buy recommendation and one has issued a strong buy recommendation on the

While the top- and bottom-line numbers for Peapack-Gladstone (PGC) give a sense of how the business performed in the quarter ended September 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Peapack-Gladstone (PGC) came out with quarterly earnings of $0.54 per share, missing the Zacks Consensus Estimate of $0.59 per share. This compares to earnings of $0.43 per share a year ago.

Peapack-Gladstone Financial (NASDAQ: PGC - Get Free Report) is expected to issue its Q3 2025 results before the market opens on Tuesday, October 28th. Analysts expect the company to announce earnings of $0.60 per share and revenue of $72.3780 million for the quarter. Parties can find conference call details on the company's upcoming Q3 2025 earningreport

Although the revenue and EPS for Peapack-Gladstone (PGC) give a sense of how its business performed in the quarter ended June 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Peapack-Gladstone (PGC) came out with quarterly earnings of $0.45 per share, missing the Zacks Consensus Estimate of $0.61 per share. This compares to earnings of $0.42 per share a year ago.

Peapack-Gladstone Financial Corporation(NasdaqGS:PGC) added to Russell Small Cap Comp Growth Index

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in Peapack-Gladstone Financial Co. (NASDAQ:PGC – Free Report) by 8.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 28,467 shares of the financial services provider’s stock after purchasing an additional 2,272 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.16% of Peapack-Gladstone Financial worth $912,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Several other large investors have also recently made changes to their positions in the company. JPMorgan Chase & Co. grew its holdings in shares of Peapack-Gladstone Financial by 37.5% in the fourth quarter. JPMorgan Chase & Co. now owns 202,865 shares of the financial services provider’s stock valued at $6,502,000 after purchasing an additional 55,363 shares during the period. Proficio Capital Partners LLC acquired a new stake in Peapack-Gladstone Financial in the fourth quarter valued at approximately $532,000. Empowered Funds LLC raised its holdings in Peapack-Gladstone Financial by 4.9% in the fourth quarter. Empowered Funds LLC now owns 51,121 shares of the financial services provider’s stock valued at $1,638,000 after acquiring an additional 2,411 shares in the last quarter. Nuveen Asset Management LLC raised its holdings in Peapack-Gladstone Financial by 41.1% in the fourth quarter. Nuveen Asset Management LLC now owns 48,831 shares of the financial services provider’s stock valued at $1,565,000 after acquiring an additional 14,220 shares in the last quarter. Finally, Delta Financial Group Inc. acquired a new stake in Peapack-Gladstone Financial during the fourth quarter worth approximately $353,000. 72.75% of the stock is currently owned by institutional investors and hedge funds. Wall Street Analyst Weigh In A number of research firms have commented on PGC. Wall Street Zen upgraded shares of Peapack-Gladstone Financial from a “sell” rating to a “hold” rating in a research note on Saturday. Raymond James assumed coverage on shares of Peapack-Gladstone Financial in a report on Friday, April 11th. They set a “strong-buy” rating and a $39.00 price target for the company. Finally, Keefe, Bruyette & Woods dropped their target price on shares of Peapack-Gladstone Financial from $40.00 to $38.00 and set an “outperform” rating for the company in a report on Thursday, April 24th. View Our Latest Research Report on Peapack-Gladstone Financial Insiders Place Their Bets In other news, Director F Duffield Meyercord purchased 6,316 shares of the business’s stock in a transaction dated Monday, March 31st. The shares were acquired at an average price of $28.44 per share, for a total transaction of $179,627.04. Following the completion of the acquisition, the director now directly owns 140,372 shares of the company’s stock, valued at $3,992,179.68. The trade was a 4.71% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, EVP John P. Babcock sold 10,000 shares of the business’s stock in a transaction that occurred on Wednesday, March 19th. The stock was sold at an average price of $28.76, for a total transaction of $287,600.00. Following the completion of the sale, the executive vice president now directly owns 39,155 shares of the company’s stock, valued at $1,126,097.80. This represents a 20.34% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 40,000 shares of company stock worth $1,152,650 over the last ninety days. Company insiders own 7.63% of the company’s stock. Peapack-Gladstone Financial Stock Performance Peapack-Gladstone Financial stock opened at $28.30 on Wednesday. Peapack-Gladstone Financial Co. has a 12-month low of $20.61 and a 12-month high of $37.88. The company has a market capitalization of $501.93 million, a price-to-earnings ratio of 15.30 and a beta of 0.86. The company has a debt-to-equity ratio of 0.22, a current ratio of 0.97 and a quick ratio of 0.97. The firm’s fifty day moving average price is $27.31 and its 200 day moving average price is $30.58. Peapack-Gladstone Financial (NASDAQ:PGC – Get Free Report) last announced its quarterly earnings data on Tuesday, April 22nd. The financial services provider reported $0.43 earnings per share for the quarter, missing the consensus estimate of $0.51 by ($0.08). The company had revenue of $64.36 million for the quarter, compared to analyst estimates of $64.07 million. Peapack-Gladstone Financial had a return on equity of 5.57% and a net margin of 8.11%. On average, research analysts forecast that Peapack-Gladstone Financial Co. will post 2.71 EPS for the current fiscal year. Peapack-Gladstone Financial Dividend Announcement The company also recently announced a quarterly dividend, which was paid on Thursday, May 22nd. Shareholders of record on Thursday, May 8th were given a $0.05 dividend. The ex-dividend date was Thursday, May 8th. This represents a $0.20 dividend on an annualized basis and a yield of 0.71%. Peapack-Gladstone Financial’s dividend payout ratio (DPR) is 11.11%. About Peapack-Gladstone Financial (Free Report) Peapack-Gladstone Financial Corporation operates as the bank holding company for Peapack-Gladstone Bank that provides private banking and wealth management services in the United States. The company operates in two segments, Banking and Peapack Private. It offers checking and savings accounts, money market and interest-bearing checking accounts, certificates of deposit, and individual retirement accounts.

The headline numbers for Peapack-Gladstone (PGC) give insight into how the company performed in the quarter ended March 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Peapack-Gladstone (PGC) came out with quarterly earnings of $0.43 per share, missing the Zacks Consensus Estimate of $0.51 per share. This compares to earnings of $0.48 per share a year ago.

Peapack-Gladstone (PGC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Peapack-Gladstone (PGC) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

Peapack-Gladstone (PGC) came out with quarterly earnings of $0.52 per share, beating the Zacks Consensus Estimate of $0.47 per share. This compares to earnings of $0.50 per share a year ago.

BEDMINSTER, N.J., Dec. 09, 2024 (GLOBE NEWSWIRE) -- Peapack-Gladstone Financial Corporation (NASDAQ Global Select Market: PGC) and Peapack-Gladstone Bank are proud to announce that Paula Gambino has joined the Bank as a Senior Vice President, Head of SBA.

Does Peapack-Gladstone (PGC) have what it takes to be a top stock pick for momentum investors? Let's find out.