With 0.62 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.53 million shares. During the session, the Banks – Regional company that operates in wider Financial sector, reached to the highest price of $34.61 whereas the lowest price it dropped to was $33.86. The 52-week range on FIBK shows that it touched its highest point at $34.53 and its lowest point at $24.16 during that stretch. It currently has a 1-year price target of $32.00. With its current market cap of 3.65 billion, FIBK has annualized dividend of $1.88 while the current yield stands at 5.47%. FIBK paid its most recent dividend on 1730678400, while the ex-dividend date for that was 1730678400. 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 3.77%, but this was up by 7.44% over a month. Three-month performance surged to 11.87% while six-month performance rose 26.85%. The stock gained 36.14% in the past year, while it has gained 11.84% 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 90.02 million shares on hand for trading. On 2024-10-31, short shares totaled 2.14 million, which was 203.99998999999997 higher than short shares on 1727654400. In addition to Ms. Marcy D. Mutch CPA as the firm’s Executive VP & CFO, Ms. Kristina R. Robbins serves as its Executive VP & COO.
Institutional Ownership:
Through their ownership of 0.79476 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 4.68% to reach the target high and fall by -18.58% to reach the target low. Reaching the average price target will result in a decline of -6.95% from current levels.
Analysts have provided yearly estimates in a range of $2.28558 being high and $2.2359 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.
