Hovde starts coverage with USD 38.00 target for Central Pacific Financial stock
Published on 10/15/2026 at 20:05 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and coming results
- Hovde Group began coverage with a Market Perform rating and a USD 38.00 target on October 2, 2026.
- Central Pacific Financial will release third-quarter results on October 28, 2026, before the market opens.
- Central Pacific Financial stock costs EUR 32.00 at 7:59 p.m. CEST at Lang & Schwarz on October 15, 2026, while the NYSE quote is up 1.30 percent versus the prior close.
- Central Pacific Financial has a USD 923.4 million market capitalization and a P/E ratio of 11.49.
Hovde Group began coverage of Central Pacific Financial (ISIN US1547604090) with a Market Perform rating and a USD 38.00 price target on October 2, 2026. The target stands 5.94 percent above the NYSE quote of USD 35.87, while Central Pacific Financial stock was trading at EUR 32.00 at Lang & Schwarz on October 15, 2026 at 7:59 p.m. CEST, with the NYSE quote up 1.30 percent versus its prior close.
Hovde target sets a measured marker
The Hovde call gives investors a dated valuation reference without changing the bank's operating outlook. The Market Perform rating and USD 38.00 target were reported by Markets Insider on October 2, 2026.
Second-quarter earnings provide context
Central Pacific Financial reported USD 20.8 million of net income and diluted earnings per share of USD 0.80 for the second quarter of 2026. The earnings figure rose from USD 0.67 in the same period of 2025, while the company had earned USD 20.7 million in the prior quarter, according to Business Wire.
Price position and trading range
The NYSE quote stood at USD 35.87 on October 15, 2026 at 1:59 p.m. ET, versus USD 35.41 at the prior close. The 52-week range was USD 27.38 to USD 40.99, placing the quote 12.49 percent below the high and 31.03 percent above the low. Trading volume was 53,662 shares against an average of 162,260.
Valuation and next date
Central Pacific Financial had a market capitalization of USD 923.4 million, a P/E ratio of 11.49 and a dividend yield of 3.00 percent on October 15, 2026. The company will release third-quarter 2026 results on October 28, 2026, before the market opens, according to Business Wire.
Comparison with peers
Central Pacific Financial (NYSE, USD): up 1.30 percent, P/E 11.49, market capitalization USD 923.4 million.
Zions Bancorporation (NYSE, USD): up 2.35 percent, P/E 8.04, market capitalization USD 9.2 billion.
Banner Corporation (NYSE, USD): up 1.24 percent, P/E 11.08, market capitalization USD 2.5 billion.
Trading after the Xetra close
Central Pacific Financial was trading at EUR 32.00 at Lang & Schwarz on October 15, 2026 at 7:59 p.m. CEST. The NYSE quote was up 1.30 percent versus its prior close, keeping the German-market indication separate from the home-market percentage.
The further course of trading is shown by the continuously updated real-time quote of Central Pacific Financial stock.
Central Pacific Financial market data
- Company: Central Pacific Financial Corp.
- ISIN: US1547604090
- Ticker: CPF
- Primary exchange: NYSE
- Price Lang & Schwarz as of October 15, 2026, 7:59 p.m. CEST: EUR 32.00
- Daily change on the NYSE versus the prior close: plus 1.30 percent
- Market capitalization: USD 923.4 million as of October 15, 2026
- 52-week range: USD 27.38-40.99 as of October 15, 2026
- Sector / Industry: Financial Services / Banks - Regional
Market context: Market report S&P 500.
