With 0.59 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.64 million shares. During the session, the Banks – Regional company that operates in wider Financial sector, reached to the highest price of $58.66 whereas the lowest price it dropped to was $56.71. The 52-week range on GBCI shows that it touched its highest point at $59.19 and its lowest point at $30.18 during that stretch. It currently has a 1-year price target of $51.57. With its current market cap of 6.46 billion, GBCI has annualized dividend of $1.32 while the current yield stands at 2.32%. Beta for the stock currently stands at 0.78.
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 GBCI was down-trending over the past week, with a drop of -1.57%, but this was up by 18.96% over a month. Three-month performance surged to 32.48% while six-month performance rose 45.84%. The stock gained 82.39% in the past year, while it has gained 37.90% so far this year. A look at the trailing 12-month EPS for GBCI yields 1.62 with Next year EPS estimates of 2.43. For the next quarter, that number is 0.51. This implies an EPS growth rate of -17.98% for this year and 47.66% for next year. EPS is expected to grow by 10.00% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -1.55%.
Float and Shares Shorts:
At present, 113.40 million GBCI shares are outstanding with a float of 112.83 million shares on hand for trading. On 2024-10-31, short shares totaled 5.44 million, which was 480.0 higher than short shares on 1727654400. In addition to Mr. Randall M. Chesler as the firm’s President, CEO & Director, Mr. Ronald J. Copher CPA serves as its Executive VP, CFO & Secretary.
Institutional Ownership:
Through their ownership of 0.83302003 of GBCI’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 GBCI 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 GBCI analysts setting a high price target of 57.0 and a low target of 45.0, the average target price over the next 12 months is 51.57143. Based on these targets, GBCI could surge 0.04% to reach the target high and fall by -21.02% to reach the target low. Reaching the average price target will result in a decline of -9.49% from current levels.
Analysts have provided yearly estimates in a range of $1.72754 being high and $1.50049 being low. For GBCI, this leads to a yearly average estimate of $1.64857. The surprise factor in the prior quarter was $0.37. Based on analyst estimates, the high estimate for the next quarter is $0.55 and the low estimate is $0.47. The average estimate for the next quarter is thus $0.51.
