Alert: Positive Investment/Fundamental Signals (8/22/24)-Central Pacific Financial Corp. (NYSE: CPF)

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Meaningful positive changes in fundamentals have recently occurred for Central Pacific Financial Corp. (NYSE: CPF): the consensus estimate for December, 2025 increased significantly, the consensus estimate for December, 2024 increased significantly, and significant quarterly earnings acceleration occurred.

Central Pacific Financial Corp. (NYSE: CPF) has recently enjoyed significant positive changes in investment behavior: the stock rose on very heavy volume.

In light of these very positive signals we are reviewing our current Overall Rating of A. We would continue to view the shares with optimism pending completion of this review in the next several days.

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Current PriceTarget Research Rating

With future capital returns forecasted to exceed the cost of capital, CPF is expected to continue to be a Value Builder.

Central Pacific Financial has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects complementary signals from PTR’s two proprietary measures of a stock’s attractiveness. Central Pacific Financial has a slightly positive Appreciation Score of 62 and a very high Power Rating of 88, resulting in the Highest Value Trend Rating.

Recent Price Action

Central Pacific Financial Corp. (NYSE: CPF) stock increased 1.7% on 8/22/24. The shares closed at $26.44. Moreover, this advance was accompanied by exceptionally high trading volume at 246% of normal. The stock has risen 4.8% during the last week and has been exceptionally strong relative to the market over the last nine months.

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