Hovde starts coverage: Central Pacific Financial stock gets USD 38 target

Published on 10/07/2026 at 06:11 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Central Pacific Financial stock has a USD 39.00 target from six analysts. Revenue reached USD 77.45 million in the second quarter of 2026.

CPF, US1547604090, Illustration mit AI erstellt.

Central Pacific Financial (ISIN US1547604090) received a USD 38.00 price target when Hovde Group initiated coverage with a Market Perform rating on October 2, 2026, as Markets Insider reported. The target places the bank in a more cautious position than the broader analyst consensus.

Hovde sets USD 38 target

Hovde Group analyst Liam Coohill initiated coverage at Market Perform and set a USD 38.00 target, according to Markets Insider on October 2, 2026. The rating matters because it contrasts with the six-analyst Moderate Buy consensus and its USD 39.00 average 12-month target.

MarketBeat said three analysts rated the company Hold, two rated it Buy and one issued a Strong Buy. The spread shows that the USD 39.00 consensus is positive but not unanimous.

Second-quarter earnings beat estimates

Central Pacific Financial reported USD 77.45 million in revenue for the second quarter of 2026, compared with a USD 75.69 million consensus estimate, according to MarketBeat. Diluted earnings per share were USD 0.80, exceeding the USD 0.78 consensus by USD 0.02.

The same second-quarter report showed a 22.52 percent net margin and a 14.20 percent return on equity. Earnings per share also increased from USD 0.67 in the year-earlier quarter, giving the valuation debate a concrete operating comparison.

Central Pacific Financial also raised its quarterly dividend to USD 0.30 per share from USD 0.29, according to MarketBeat. The annualized payout is USD 1.20 per share, while the reported yield was 3.30 percent.

October 28 report date

Central Pacific Financial is scheduled to report third-quarter 2026 results before the market opens on October 28, 2026, with a consensus earnings-per-share estimate of USD 0.85 and expected revenue of USD 77.27 million, according to MarketBeat. That report will test whether the second-quarter revenue beat can be repeated while the analyst target range remains relatively narrow.

NYSE context and euro reference

Central Pacific Financial was last quoted at USD 36.28 on the NYSE on October 6, 2026 at 4:00 p.m. ET. Its market capitalization was USD 947.0 million on that date, and the 52-week range was USD 27.38 to USD 40.99.

The prior close at Lang & Schwarz was EUR 32.20 on October 5, 2026. Central Pacific Financial trades under CPF on the NYSE and operates Central Pacific Bank, a Hawaii-based regional banking business with USD 7.5 billion in assets as of June 30, 2026, according to the company investor-relations page.

The further course of trading is shown by the continuously updated real-time quote of Central Pacific Financial stock.