With 1.0 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.51 million shares. During the session, the Banks – Regional company that operates in wider Financial sector, reached to the highest price of $34.12 whereas the lowest price it dropped to was $32.54. The 52-week range on FIBK shows that it touched its highest point at $34.53 and its lowest point at $22.89 during that stretch. It currently has a 1-year price target of $32.00. With its current market cap of 3.41 billion, FIBK has annualized dividend of $1.88 while the current yield stands at 5.77%. Beta for the stock currently stands at 0.81.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of FIBK was up-trending over the past week, with a rise of 5.88%, but this was up by 10.13% over a month. Three-month performance surged to 15.31% while six-month performance rose 17.60%. The stock gained 33.59% in the past year, while it has gained 6.05% so far this year. A look at the trailing 12-month EPS for FIBK yields 2.28 with Next year EPS estimates of 2.46. For the next quarter, that number is 0.58. This implies an EPS growth rate of -8.64% for this year and 8.76% for next year. EPS is expected to grow by 6.00% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -2.05%.
Float and Shares Shorts:
At present, 103.94 million FIBK shares are outstanding with a float of 90.12 million shares on hand for trading. On 2024-10-15, short shares totaled 2.16 million, which was 205.99999000000003 higher than short shares on 1726185600. In addition to Ms. Marcy D. Mutch as the firm’s Executive VP & CFO, Ms. Kristina R. Robbins serves as its Executive VP & COO.
Institutional Ownership:
Through their ownership of 0.80142 of FIBK’s outstanding shares, institutional investors have minority control over the company.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for FIBK since 3 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With FIBK analysts setting a high price target of 36.0 and a low target of 28.0, the average target price over the next 12 months is 32.0. Based on these targets, FIBK could surge 10.4% to reach the target high and fall by -14.14% to reach the target low. Reaching the average price target will result in a decline of -1.87% from current levels.
Analysts have provided yearly estimates in a range of $2.2756 being high and $2.22613 being low. For FIBK, this leads to a yearly average estimate of $2.26571. The surprise factor in the prior quarter was $0.55. Based on analyst estimates, the high estimate for the next quarter is $0.61 and the low estimate is $0.48. The average estimate for the next quarter is thus $0.55.
