PGC Stock Summary and Trading Ideas (Peapack Gladstone Finl | NASDAQ:PGC)

Peapack Gladstone Financial Corp provides banking services. It operates through two segments namely Banking, which involves the delivery of loans and deposits, and Wealth Management Division which includes asset management services. The banking segment includes commercial real estate, multifamily, residential and consumer lending, deposit generation, and Internet banking services. Wealth Management includes investment management services for individuals and institutions; personal trust services, administrator, custodian and guardians, and other financial planning and advisory services. The services provided by the company include checking and savings accounts, money market and interest-bearing checking accounts, certificates of deposit, individual retirement accounts, and other services.

Peapack Gladstone Finl trades on the NASDAQ stock market under the symbol PGC.

As of March 19, 2025, PGC stock price climbed to $29.28 with 169,693 million shares trading.

PGC has a beta of 1.08, meaning it tends to be more sensitive to market movements. PGC has a correlation of 0.15 to the broad based SPY ETF.

PGC has a market cap of $515.22 million. This is considered a Small Cap stock.

Last quarter Peapack Gladstone Finl reported $62 million in Revenue and $.52 earnings per share. This beat revenue expectation by $1 million and exceeded earnings estimates by $.06.

In the last 3 years, PGC traded as high as $42.19 and as low as $20.30.

The top ETF exchange traded funds that PGC belongs to (by Net Assets): VTI, IWM, AVUV, VXF, IWN.

PGC has outperformed the market in the last year with a return of +29.5%, while the SPY ETF gained +11.6%. However, in the most recent history, PGC shares have underperformed the stock market with its stock returning -9.8% in the last 3 month period and -4.4% for the last 2 week period, while SPY has returned -2.9% and -1.7%, respectively.

PGC support price is $28.24 and resistance is $29.92 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that PGC shares will trade within this expected range on the day.