With 0.83 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.55 million shares. During the session, the Banks – Regional company that operates in wider Financial sector, reached to the highest price of $27.43 whereas the lowest price it dropped to was $26.75. The 52-week range on COLB shows that it touched its highest point at $32.85 and its lowest point at $17.08 during that stretch. It currently has a 1-year price target of $33.25. With its current market cap of 5.63 billion, COLB has annualized dividend of $1.44 while the current yield stands at 5.36%. Beta for the stock currently stands at 0.64.
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 COLB was down-trending over the past week, with a drop of -2.58%, but this was down by -12.99% over a month. Three-month performance surged to 6.04% while six-month performance rose 37.32%. The stock gained 1.05% in the past year, while it has lost -0.56% so far this year. A look at the trailing 12-month EPS for COLB yields 2.31 with Next year EPS estimates of 2.71. For the next quarter, that number is 0.65. This implies an EPS growth rate of 3.75% for this year and 2.95% 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 -5.50%.
Float and Shares Shorts:
At present, 209.53 million COLB shares are outstanding with a float of 207.76 million shares on hand for trading. On 2024-12-13, short shares totaled 4.13 million, which was 197.0 higher than short shares on 1731628800. In addition to Mr. Cort Lane O’Haver as the firm’s Executive Chairman, Mr. Clint E. Stein CPA serves as its President, CEO & Director.
Institutional Ownership:
Through their ownership of 0.95165 of COLB’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 COLB since 10 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 6 believe that the stock is worth HOLDING, 1 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 COLB analysts setting a high price target of 39.0 and a low target of 30.0, the average target price over the next 12 months is 33.0. Based on these targets, COLB could surge 45.2% to reach the target high and rise by 11.69% to reach the target low. Reaching the average price target will result in a growth of 22.86% from current levels.
Analysts have provided yearly estimates in a range of $2.70531 being high and $2.52495 being low. For COLB, this leads to a yearly average estimate of $2.63517.
