Glacier Bancorp, Inc. (NASDAQ:GBCI – Free Report) – DA Davidson lifted their FY2026 earnings per share (EPS) estimates for shares of Glacier Bancorp in a research note issued to investors on Thursday, June 26th. DA Davidson analyst J. Rulis now forecasts that the bank will post earnings per share of $3.00 for the year, up from their previous forecast of $2.85. DA Davidson currently has a “Buy” rating and a $50.00 target price on the stock. The consensus estimate for Glacier Bancorp’s current full-year earnings is $2.45 per share.
Glacier Bancorp (NASDAQ:GBCI – Get Free Report) last announced its earnings results on Monday, April 28th. The bank reported $0.48 EPS for the quarter, beating the consensus estimate of $0.46 by $0.02. Glacier Bancorp had a return on equity of 5.98% and a net margin of 14.99%. During the same quarter in the prior year, the business earned $0.29 earnings per share.
Read Our Latest Stock Analysis on GBCI
Glacier Bancorp Price Performance
NASDAQ GBCI opened at $45.43 on Monday. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 0.63. Glacier Bancorp has a 1 year low of $35.57 and a 1 year high of $60.67. The company has a market cap of $5.16 billion, a PE ratio of 27.20 and a beta of 0.77. The stock’s 50-day moving average price is $41.96 and its two-hundred day moving average price is $45.26.
Institutional Inflows and Outflows
Several large investors have recently added to or reduced their stakes in GBCI. Signaturefd LLC boosted its stake in shares of Glacier Bancorp by 5.3% during the 4th quarter. Signaturefd LLC now owns 3,978 shares of the bank’s stock valued at $200,000 after buying an additional 201 shares during the period. Piedmont Capital Management LLC raised its holdings in shares of Glacier Bancorp by 4.5% during the fourth quarter. Piedmont Capital Management LLC now owns 5,256 shares of the bank’s stock worth $262,000 after acquiring an additional 224 shares in the last quarter. Arizona State Retirement System boosted its position in Glacier Bancorp by 0.8% during the fourth quarter. Arizona State Retirement System now owns 32,909 shares of the bank’s stock valued at $1,653,000 after purchasing an additional 259 shares during the last quarter. CWM LLC boosted its position in Glacier Bancorp by 0.7% during the first quarter. CWM LLC now owns 39,635 shares of the bank’s stock valued at $1,753,000 after purchasing an additional 285 shares during the last quarter. Finally, Mariner LLC grew its stake in Glacier Bancorp by 2.4% in the fourth quarter. Mariner LLC now owns 12,430 shares of the bank’s stock valued at $624,000 after purchasing an additional 292 shares in the last quarter. Institutional investors and hedge funds own 80.17% of the company’s stock.
Glacier Bancorp Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, July 17th. Investors of record on Tuesday, July 8th will be given a dividend of $0.33 per share. This represents a $1.32 dividend on an annualized basis and a yield of 2.91%. The ex-dividend date is Tuesday, July 8th. Glacier Bancorp’s payout ratio is presently 70.97%.
About Glacier Bancorp
Glacier Bancorp, Inc operates as the bank holding company for Glacier Bank that provides commercial banking services to individuals, small to medium-sized businesses, community organizations, and public entities in the United States. The company offers retail banking, business banking, and mortgage origination and loan servicing services.
Read More
- Five stocks we like better than Glacier Bancorp
- What is a Low P/E Ratio and What Does it Tell Investors?
- Toast Stock: A Fast-Growing Mid-Cap Eyeing Further Upside
- Roth IRA Calculator: Calculate Your Potential Returns
- Breakout Alert: Disney Stock Hits Multi-Year High
- What is Forex and How Does it Work?
- Forget IBM: Accenture’s AI Momentum Is Your Next Buy
Receive News & Ratings for Glacier Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Glacier Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.