Peapack-Gladstone Financial (PGC) Stock Forecast, Price Target & Predictions
PGC Stock Forecast
Peapack-Gladstone Financial stock forecast is as follows: an average price target of $35.00 (represents a -4.79% downside from PGC’s last price of $36.76) and a rating consensus of 'Buy', based on 1 wall street analysts offering a 1-year stock forecast.
PGC Price Target
The average price target for Peapack-Gladstone Financial (PGC) is $35.00 based on 1-year price targets from 1 Wall Street analysts in the past 3 months, with a price target range of $35.00 to $35.00. This represents a potential -4.79% downside from PGC's last price of $36.76.
PGC Analyst Ratings
According to 1 Wall Street analysts, Peapack-Gladstone Financial's rating consensus is 'Buy'. The analyst rating breakdown for PGC stock is 0 'Strong Buy' (0.00%), 1 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Peapack-Gladstone Financial Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 23, 2024 | Frank Schiraldi | Piper Sandler | $35.00 | $31.20 | 12.18% | -4.79% |
The latest Peapack-Gladstone Financial stock forecast, released on Oct 23, 2024 by Frank Schiraldi from Piper Sandler, set a price target of $35.00, which represents a 12.18% increase from the stock price at the time of the forecast ($31.20), and a -4.79% decrease from PGC last price ($36.76).
Peapack-Gladstone Financial Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 1 | 1 |
| Avg Price Target | $35.00 | $35.00 | $35.00 |
| Last Closing Price | $36.76 | $36.76 | $36.76 |
| Upside/Downside | -4.79% | -4.79% | -4.79% |
In the current month, the average price target of Peapack-Gladstone Financial stock is $35.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a -4.79% decrease as opposed to Peapack-Gladstone Financial's last price of $36.76. This month's average price target is down 0.00% compared to last quarter, and down 0.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 23, 2024 | Piper Sandler | Neutral | Overweight | Upgrade |
| Apr 24, 2024 | Piper Sandler | - | Neutral | Downgrade |
Peapack-Gladstone Financial's last stock rating was published by Piper Sandler on Oct 23, 2024. The company Upgrade its PGC rating from "Neutral" to "Overweight".
Peapack-Gladstone Financial Financial Forecast
Peapack-Gladstone Financial Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $97.18M | $55.87M | $57.50M | $62.04M | $64.85M | $61.91M | $61.40M | $54.34M | $56.18M | $52.99M | $51.52M | $49.61M | $46.14M | $52.36M | $44.60M | $46.26M | $46.44M | $44.50M |
| Avg Forecast | $83.32M | $81.36M | $78.55M | $75.56M | $73.26M | $69.94M | $66.16M | $62.90M | $60.48M | $55.85M | $53.89M | $55.07M | $54.86M | $54.54M | $61.29M | $63.76M | $63.85M | $62.33M | $60.51M | $55.85M | $54.26M | $52.63M | $49.33M | $46.69M | $44.72M | $50.97M | $45.28M | $45.95M | $45.54M | $43.79M |
| High Forecast | $83.89M | $81.92M | $79.09M | $76.07M | $73.76M | $70.42M | $66.62M | $64.14M | $60.96M | $56.05M | $54.26M | $55.45M | $55.17M | $54.91M | $61.72M | $64.20M | $64.29M | $62.33M | $60.51M | $55.85M | $54.26M | $52.63M | $49.33M | $46.69M | $44.72M | $50.97M | $45.28M | $45.95M | $45.54M | $43.79M |
| Low Forecast | $82.74M | $80.80M | $78.00M | $75.03M | $72.75M | $69.45M | $65.70M | $61.65M | $60.00M | $55.65M | $53.52M | $54.69M | $54.55M | $54.16M | $60.87M | $63.32M | $63.41M | $62.33M | $60.51M | $55.85M | $54.26M | $52.63M | $49.33M | $46.69M | $44.72M | $50.97M | $45.28M | $45.95M | $45.54M | $43.79M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 8 | 8 | 9 | 12 | 7 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.77% | 1.02% | 0.94% | 0.97% | 1.02% | 0.99% | 1.01% | 0.97% | 1.04% | 1.01% | 1.04% | 1.06% | 1.03% | 1.03% | 0.98% | 1.01% | 1.02% | 1.02% |
Peapack-Gladstone Financial's average Quarter revenue forecast for Mar 24 based on 1 analysts is $55.07M, with a low forecast of $54.69M, and a high forecast of $55.45M. PGC's average Quarter revenue forecast represents a -43.33% decrease compared to the company's last Quarter revenue of $97.18M (Dec 23).
Peapack-Gladstone Financial EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 8 | 8 | 9 | 12 | 7 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $12.60M | $19.80M | $51.46M | $46.96M | $40.34M | $34.17M | $24.10M | $25.59M | $25.30M | $26.93M | $25.39M | $12.47M | $27.86M | $21.45M | $12.77M | $33.56M | $34.35M |
| Avg Forecast | $11.92M | $11.64M | $11.23M | $10.80M | $10.48M | $10.00M | $9.46M | $9.00M | $8.65M | $7.99M | $7.71M | $30.03M | $7.84M | $7.80M | $8.77M | $27.30M | $27.44M | $18.37M | $17.83M | $24.82M | $15.99M | $15.51M | $14.54M | $16.46M | $13.18M | $15.02M | $13.34M | $21.50M | $13.42M | $12.90M |
| High Forecast | $12.00M | $11.72M | $11.31M | $10.88M | $10.55M | $10.07M | $9.53M | $9.17M | $8.72M | $8.01M | $7.76M | $36.04M | $7.89M | $7.85M | $8.83M | $32.76M | $32.93M | $18.37M | $17.83M | $29.78M | $15.99M | $15.51M | $14.54M | $19.75M | $13.18M | $15.02M | $13.34M | $25.80M | $13.42M | $12.90M |
| Low Forecast | $11.83M | $11.55M | $11.15M | $10.73M | $10.40M | $9.93M | $9.40M | $8.82M | $8.58M | $7.96M | $7.65M | $24.03M | $7.80M | $7.74M | $8.70M | $21.84M | $21.95M | $18.37M | $17.83M | $19.86M | $15.99M | $15.51M | $14.54M | $13.17M | $13.18M | $15.02M | $13.34M | $17.20M | $13.42M | $12.90M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.62% | 2.26% | 1.88% | 1.71% | 2.20% | 1.92% | 0.97% | 1.60% | 1.63% | 1.85% | 1.54% | 0.95% | 1.85% | 1.61% | 0.59% | 2.50% | 2.66% |
2 analysts predict PGC's average Quarter EBITDA for Dec 23 to be $7.84M, with a high of $7.89M and a low of $7.80M. This is -37.74% lower than Peapack-Gladstone Financial's previous annual EBITDA (Sep 23) of $12.60M.
Peapack-Gladstone Financial Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 8 | 8 | 9 | 12 | 7 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $8.60M | $8.76M | $13.14M | $18.36M | $20.58M | $20.13M | $20.10M | $13.44M | $14.86M | $14.17M | $14.42M | $13.18M | $3.03M | $13.55M | $8.24M | $1.37M | $12.23M | $12.23M |
| Avg Forecast | $18.88M | $18.17M | $16.52M | $15.28M | $14.28M | $12.92M | $11.03M | $9.26M | $8.14M | $6.61M | $5.93M | $18.09M | $8.20M | $10.71M | $15.66M | $16.45M | $15.93M | $19.35M | $16.32M | $14.95M | $14.23M | $12.90M | $11.79M | $8.54M | $7.87M | $10.05M | $5.84M | $2.31M | $11.24M | $10.72M |
| High Forecast | $19.05M | $18.33M | $16.67M | $15.42M | $14.41M | $13.04M | $11.13M | $9.35M | $8.21M | $6.81M | $5.98M | $21.71M | $9.52M | $11.96M | $15.80M | $19.74M | $19.12M | $19.35M | $16.32M | $17.94M | $14.23M | $12.90M | $11.79M | $10.25M | $7.87M | $10.05M | $5.84M | $2.77M | $11.24M | $10.72M |
| Low Forecast | $18.71M | $18.01M | $16.37M | $15.14M | $14.15M | $12.80M | $10.93M | $9.18M | $8.07M | $6.40M | $5.88M | $14.47M | $6.88M | $9.64M | $15.52M | $13.16M | $12.75M | $19.35M | $16.32M | $11.96M | $14.23M | $12.90M | $11.79M | $6.83M | $7.87M | $10.05M | $5.84M | $1.85M | $11.24M | $10.72M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.05% | 0.82% | 0.84% | 1.12% | 1.29% | 1.04% | 1.23% | 0.90% | 1.04% | 1.10% | 1.22% | 1.54% | 0.38% | 1.35% | 1.41% | 0.59% | 1.09% | 1.14% |
Peapack-Gladstone Financial's average Quarter net income forecast for Mar 24 is $18.09M, with a range of $14.47M to $21.71M. PGC's average Quarter net income forecast represents a 110.41% increase compared to the company's last Quarter net income of $8.60M (Dec 23).
Peapack-Gladstone Financial SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 8 | 8 | 9 | 12 | 7 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $26.00M | $27.08M | $25.30M | $22.94M | $23.17M | $22.39M | $22.92M | $20.51M | $21.14M | $21.16M | $23.12M | $21.25M | $20.40M | $20.76M | $20.14M | $18.57M | $17.88M |
| Avg Forecast | $36.08M | $35.23M | $34.01M | $32.71M | $31.72M | $30.28M | $28.65M | $27.23M | $26.19M | $24.18M | $23.33M | $30.85M | $23.75M | $23.61M | $26.54M | $28.05M | $21.99M | $23.40M | $22.72M | $25.50M | $20.37M | $19.76M | $18.52M | $14.99M | $16.79M | $19.14M | $17.00M | $33.90M | $17.10M | $16.44M |
| High Forecast | $36.32M | $35.47M | $34.24M | $32.94M | $31.94M | $30.49M | $28.84M | $27.77M | $26.39M | $24.27M | $23.50M | $37.02M | $23.89M | $23.78M | $26.72M | $33.66M | $26.39M | $23.40M | $22.72M | $30.60M | $20.37M | $19.76M | $18.52M | $17.98M | $16.79M | $19.14M | $17.00M | $40.68M | $17.10M | $16.44M |
| Low Forecast | $35.83M | $34.98M | $33.77M | $32.49M | $31.50M | $30.07M | $28.45M | $26.69M | $25.98M | $24.09M | $23.17M | $24.68M | $23.62M | $23.45M | $26.35M | $22.44M | $17.60M | $23.40M | $22.72M | $20.40M | $20.37M | $19.76M | $18.52M | $11.99M | $16.79M | $19.14M | $17.00M | $27.12M | $17.10M | $16.44M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.10% | 1.02% | 0.90% | 1.04% | 0.99% | 0.99% | 0.90% | 1.01% | 1.07% | 1.14% | 1.54% | 1.27% | 1.07% | 1.22% | 0.59% | 1.09% | 1.09% |
Peapack-Gladstone Financial's average Quarter SG&A projection for Dec 23 is $23.75M, based on 2 Wall Street analysts, with a range of $23.62M to $23.89M. The forecast indicates a -8.66% fall compared to PGC last annual SG&A of $26.00M (Sep 23).
Peapack-Gladstone Financial EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 8 | 8 | 9 | 12 | 7 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $0.48 | $0.49 | $0.73 | $1.03 | $1.15 | $1.11 | $1.10 | $0.73 | $0.80 | $0.76 | $0.76 | $0.70 | $0.16 | $0.72 | $0.44 | $0.07 | $0.64 | $0.63 |
| Avg Forecast | $1.07 | $1.03 | $0.93 | $0.86 | $0.81 | $0.73 | $0.62 | $0.52 | $0.46 | $0.37 | $0.34 | $0.51 | $0.46 | $0.60 | $0.89 | $1.06 | $1.11 | $1.09 | $0.92 | $0.80 | $0.80 | $0.72 | $0.66 | $0.58 | $0.44 | $0.56 | $0.33 | $0.54 | $0.63 | $0.60 |
| High Forecast | $1.08 | $1.04 | $0.94 | $0.87 | $0.81 | $0.74 | $0.63 | $0.53 | $0.46 | $0.39 | $0.34 | $0.51 | $0.54 | $0.68 | $0.89 | $1.07 | $1.12 | $1.09 | $0.92 | $0.80 | $0.80 | $0.72 | $0.66 | $0.58 | $0.44 | $0.56 | $0.33 | $0.54 | $0.63 | $0.60 |
| Low Forecast | $1.06 | $1.02 | $0.92 | $0.86 | $0.80 | $0.72 | $0.62 | $0.52 | $0.46 | $0.36 | $0.33 | $0.51 | $0.39 | $0.54 | $0.88 | $1.05 | $1.10 | $1.09 | $0.92 | $0.80 | $0.80 | $0.72 | $0.66 | $0.58 | $0.44 | $0.56 | $0.33 | $0.54 | $0.63 | $0.60 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.04% | 0.81% | 0.82% | 0.97% | 1.03% | 1.02% | 1.20% | 0.92% | 1.00% | 1.05% | 1.15% | 1.21% | 0.36% | 1.27% | 1.34% | 0.13% | 1.01% | 1.05% |
According to 1 Wall Street analysts, Peapack-Gladstone Financial's projected average Quarter EPS for Mar 24 is $0.51, with a low estimate of $0.51 and a high estimate of $0.51. This represents a 5.73% increase compared to PGC previous annual EPS of $0.48 (Dec 23).
Peapack-Gladstone Financial Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| HTBI | HomeTrust Bancshares | $37.04 | $42.00 | 13.39% | Buy |
| FFNW | First Financial Northwest | $22.38 | $23.50 | 5.00% | Hold |
| HBCP | Home Bancorp | $48.08 | $50.00 | 3.99% | Buy |
| FNWB | First Northwest Bancorp | $10.73 | $11.00 | 2.52% | Hold |
| HFWA | Heritage Financial | $25.49 | $26.00 | 2.00% | Hold |
| GSBC | Great Southern Bancorp | $61.79 | $62.00 | 0.34% | Hold |
| PGC | Peapack-Gladstone Financial | $36.76 | $35.00 | -4.79% | Buy |
| BY | Byline Bancorp | $30.93 | $29.00 | -6.24% | Buy |