Glacier Bancorp, Inc. (NASDAQ:GBCI - Free Report) - Research analysts at DA Davidson upped their FY2026 earnings per share estimates for Glacier Bancorp in a note issued to investors on Thursday, June 26th. DA Davidson analyst J. Rulis now forecasts that the bank will post earnings of $3.00 per share for the year, up from their previous estimate 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 issued its earnings results on Monday, April 28th. The bank reported $0.48 EPS for the quarter, topping 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 period in the prior year, the company posted $0.29 earnings per share.
GBCI has been the subject of several other research reports. Raymond James Financial reaffirmed an "outperform" rating and set a $48.00 price objective (up previously from $45.00) on shares of Glacier Bancorp in a research note on Thursday. Keefe, Bruyette & Woods boosted their price target on shares of Glacier Bancorp from $50.00 to $52.00 and gave the company a "market perform" rating in a research report on Friday. Stephens raised shares of Glacier Bancorp from a "hold" rating to a "strong-buy" rating in a report on Monday, March 3rd. Finally, Janney Montgomery Scott upgraded Glacier Bancorp from a "neutral" rating to a "buy" rating and set a $48.00 price objective on the stock in a research report on Thursday, June 5th. Three investment analysts have rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $50.83.
View Our Latest Stock Analysis on Glacier Bancorp
Glacier Bancorp Trading Down 1.7%
Shares of Glacier Bancorp stock opened at $42.91 on Monday. Glacier Bancorp has a 12-month low of $35.57 and a 12-month high of $60.67. The company has a market cap of $4.87 billion, a price-to-earnings ratio of 25.69 and a beta of 0.77. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 0.63. The company's 50-day moving average price is $41.78 and its 200-day moving average price is $45.34.
Hedge Funds Weigh In On Glacier Bancorp
Institutional investors have recently made changes to their positions in the stock. eCIO Inc. bought a new stake in shares of Glacier Bancorp during the 1st quarter worth $33,000. Strs Ohio purchased a new stake in Glacier Bancorp during the first quarter valued at about $482,000. Intech Investment Management LLC raised its position in Glacier Bancorp by 32.5% during the first quarter. Intech Investment Management LLC now owns 76,865 shares of the bank's stock valued at $3,399,000 after purchasing an additional 18,874 shares in the last quarter. Jane Street Group LLC lifted its stake in Glacier Bancorp by 464.3% during the first quarter. Jane Street Group LLC now owns 287,773 shares of the bank's stock worth $12,725,000 after purchasing an additional 236,781 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in shares of Glacier Bancorp by 8.0% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 352,477 shares of the bank's stock worth $15,587,000 after purchasing an additional 26,157 shares in the last quarter. Institutional investors own 80.17% of the company's stock.
Glacier Bancorp Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Thursday, July 17th. Shareholders of record on Tuesday, July 8th will be paid a $0.33 dividend. The ex-dividend date is Tuesday, July 8th. This represents a $1.32 dividend on an annualized basis and a yield of 3.08%. Glacier Bancorp's dividend payout ratio is presently 70.97%.
Glacier Bancorp Company Profile
(
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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.
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