FY2026 EPS Forecast for Glacier Bancorp Lifted by Analyst

Glacier Bancorp, Inc. (NASDAQ:GBCI - Free Report) - Stock analysts at DA Davidson boosted their FY2026 earnings per share (EPS) estimates for Glacier Bancorp in a research note issued to investors on Thursday, June 26th. DA Davidson analyst J. Rulis now anticipates that the bank will post earnings per share of $3.00 for the year, up from their prior estimate of $2.85. DA Davidson has a "Buy" rating and a $50.00 price target 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 quarterly earnings results on Monday, April 28th. The bank reported $0.48 earnings per share for the quarter, topping analysts' consensus estimates of $0.46 by $0.02. Glacier Bancorp had a net margin of 14.99% and a return on equity of 5.98%. During the same period in the prior year, the company posted $0.29 EPS.

A number of other analysts have also recently commented on the stock. Janney Montgomery Scott upgraded shares of Glacier Bancorp from a "neutral" rating to a "buy" rating and set a $48.00 price target on the stock in a research note on Thursday, June 5th. Keefe, Bruyette & Woods upped their price target on shares of Glacier Bancorp from $50.00 to $52.00 and gave the stock a "market perform" rating in a report on Friday, June 27th. Finally, Raymond James Financial reissued 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, June 26th. Three research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $50.83.

Glacier Bancorp Stock Performance

GBCI traded up $0.71 during midday trading on Monday, reaching $47.08. The company had a trading volume of 494,144 shares, compared to its average volume of 660,274. Glacier Bancorp has a 12-month low of $35.57 and a 12-month high of $60.67. The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.81 and a current ratio of 0.81. The business has a 50-day moving average price of $42.05 and a two-hundred day moving average price of $45.27. The stock has a market cap of $5.34 billion, a PE ratio of 28.19 and a beta of 0.77.

Hedge Funds Weigh In On Glacier Bancorp

Several institutional investors and hedge funds have recently bought and sold shares of GBCI. eCIO Inc. purchased a new stake in shares of Glacier Bancorp during the first quarter valued at approximately $33,000. Strs Ohio bought a new stake in Glacier Bancorp during the 1st quarter valued at $482,000. Intech Investment Management LLC boosted its position in Glacier Bancorp by 32.5% during the 1st quarter. Intech Investment Management LLC now owns 76,865 shares of the bank's stock valued at $3,399,000 after buying an additional 18,874 shares during the period. Jane Street Group LLC grew its holdings in Glacier Bancorp by 464.3% in the 1st quarter. Jane Street Group LLC now owns 287,773 shares of the bank's stock worth $12,725,000 after acquiring an additional 236,781 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in shares of Glacier Bancorp by 8.0% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 352,477 shares of the bank's stock valued at $15,587,000 after acquiring an additional 26,157 shares during the period. 80.17% of the stock is currently owned by institutional investors.

Glacier Bancorp Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, July 17th. Stockholders of record on Tuesday, July 8th will be issued a $0.33 dividend. The ex-dividend date is Tuesday, July 8th. This represents a $1.32 annualized dividend and a dividend yield of 2.80%. Glacier Bancorp's dividend payout ratio is currently 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.