Central Pacific Financial stock sits 4.00 percent below Hovde's USD 38.00 target
Published on 10/17/2026 at 20:38 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst view and market levels
- Hovde Group set a USD 38.00 target for Central Pacific Financial on October 2, 2026, leaving the price 4.00 percent below it.
- Central Pacific Financial held USD 7.50 billion in assets on June 30, 2026.
- Central Pacific Financial stock stood at USD 36.48 at 4:00 p.m. ET on October 16, 2026, up 1.05 percent versus the prior close of USD 36.10.
- Third-quarter 2026 results are scheduled for October 28, 2026.
Central Pacific Financial stock sat 4.00 percent below Hovde Group's USD 38.00 target on October 16, 2026. According to Markets Insider, Hovde Group analyst Liam Coohill initiated coverage on October 2, 2026 with a Market Perform rating and the USD 38.00 target. The last NYSE quote was USD 36.48 on October 16, 2026 at 4:00 p.m. ET, up 1.05 percent versus the prior close of USD 36.10.
Assets anchor the bank
Central Pacific Financial held USD 7.50 billion in assets as of June 30, 2026, according to Central Pacific Financial. Its primary subsidiary operated 27 branches and 56 ATMs in Hawaii at that date. The figures frame CPF as a regional bank whose operating scale is measured in deposits, loans and local distribution rather than nationwide reach.
Price position and trading activity
CPF's USD 28.10 to USD 40.99 52-week range places the latest price 11.00 percent below the high and 29.82 percent above the low. Trading volume reached 200,272 shares on October 16, 2026, versus an average of 162,346 shares, a 23.36 percent difference. The stock therefore remains inside its yearly range while the target comparison supplies a separate market reference.
Valuation and October 28 results
Central Pacific Financial had a market capitalization of USD 939.3 million, a price-to-earnings ratio of 11.69 and a dividend yield of 3.00 percent as of October 16, 2026. On October 7, 2026, Financial Times reported that the company would release third-quarter 2026 results on October 28, 2026, before the market opens. That date is the next scheduled event for the stock.
Comparison with peers
CPF (NYSE, USD): up 1.05 percent, P/E 11.69, market capitalization USD 939.3 million.
Bank of Hawaii (NYSE, USD): up 0.06 percent, P/E 12.52, market capitalization USD 2.7 billion.
First Hawaiian (NYSE, USD): up 0.04 percent, P/E 10.85, market capitalization USD 3.0 billion.
Price remains below the yearly high
Central Pacific Financial stock stood at USD 36.48 on October 16, 2026 at 4:00 p.m. ET, up 1.05 percent versus the prior close of USD 36.10. The next material calendar marker is the October 28, 2026 results release.
Central Pacific Financial market data
- Company: Central Pacific Financial Corp.
- ISIN: US1547604090
- Ticker: CPF
- Primary exchange: NYSE
- Price on October 16, 2026 at 4:00 p.m. ET: USD 36.48
- Change versus prior close: plus 1.05 percent
- Prior close: USD 36.10
- Market capitalization: USD 939.3 million (as of October 16, 2026)
- 52-week range: USD 28.10-40.99 (as of October 16, 2026)
- Price-to-earnings ratio: 11.69 (as of October 16, 2026)
- Dividend yield: 3.00 percent (as of October 16, 2026)
- Next earnings date: October 28, 2026
Market context: Market report S&P 500.
