Altabancorp Stock Forecast, Price & News

Altabancorp (NASDAQ:ALTA) Frequently Asked Questions

Is Altabancorp a buy right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Altabancorp in the last year. There are currently 2 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" Altabancorp stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ALTA, but not buy additional shares or sell existing shares.
View analyst ratings for Altabancorp or view top-rated stocks.

What stocks does MarketBeat like better than Altabancorp?

Wall Street analysts have given Altabancorp a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Altabancorp wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Altabancorp?

Altabancorp saw a increase in short interest in the month of August. As of August 31st, there was short interest totaling 354,300 shares, an increase of 28.7% from the August 15th total of 275,200 shares. Based on an average trading volume of 69,800 shares, the short-interest ratio is currently 5.1 days. Currently, 3.0% of the company's shares are sold short.
View Altabancorp's Short Interest.

When is Altabancorp's next earnings date?

Altabancorp is scheduled to release its next quarterly earnings announcement on Wednesday, October 27th 2021.
View our earnings forecast for Altabancorp.

How were Altabancorp's earnings last quarter?

Altabancorp (NASDAQ:ALTA) released its earnings results on Tuesday, July, 27th. The company reported $0.76 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.54 by $0.22. The company earned $30.59 million during the quarter, compared to analyst estimates of $30.26 million. Altabancorp had a net margin of 34.49% and a trailing twelve-month return on equity of 12.27%.
View Altabancorp's earnings history.

How has Altabancorp's stock price been impacted by COVID-19?

Altabancorp's stock was trading at $0.66 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, ALTA shares have increased by 6,590.9% and is now trading at $44.16.
View which stocks have been most impacted by COVID-19.

How often does Altabancorp pay dividends? What is the dividend yield for Altabancorp?

Altabancorp announced a None dividend on Tuesday, September 21st. Investors of record on Monday, September 27th will be given a dividend of $0.17 per share on Wednesday, September 29th. This represents a yield of 1.71%. The ex-dividend date is Friday, September 24th.
View Altabancorp's dividend history.

Is Altabancorp a good dividend stock?

Altabancorp pays an annual dividend of $0.68 per share and currently has a dividend yield of 1.54%. The dividend payout ratio of Altabancorp is 29.69%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Altabancorp will have a dividend payout ratio of 29.44% next year. This indicates that Altabancorp will be able to sustain or increase its dividend.
View Altabancorp's dividend history.

What price target have analysts set for ALTA?

2 Wall Street analysts have issued 1 year target prices for Altabancorp's shares. Their forecasts range from $46.00 to $49.00. On average, they expect Altabancorp's stock price to reach $47.50 in the next twelve months. This suggests a possible upside of 7.6% from the stock's current price.
View analysts' price targets for Altabancorp or view top-rated stocks among Wall Street analysts.

Who are Altabancorp's key executives?

Altabancorp's management team includes the following people:

• Len E. Williams, President, Chief Executive Officer & Director
• Mark K. Olson, Chief Financial Officer & Executive VP
• David G. Anderson, Director, Chief Credit Officer & Senior VP
• Christine Maebelle Linford, Chief People Officer & Senior Vice President
• Adelaide Maudsley, Secretary

Who are some of Altabancorp's key competitors?

Some companies that are related to Altabancorp include Cathay General Bancorp (CATY), Independent Bank Group (IBTX), BancorpSouth Bank (BXS), Live Oak Bancshares (LOB), Texas Capital Bancshares (TCBI), United Community Banks (UCBI), Atlantic Union Bankshares (AUB), First BanCorp. (FBP), Triumph Bancorp (TBK), Hilltop (HTH), CVB Financial (CVBF), Independent Bank (INDB), International Bancshares (IBOC), First Interstate BancSystem (FIBK) and Columbia Banking System (COLB).
View all of ALTA's competitors.

What is Altabancorp's stock symbol?

Altabancorp trades on the NASDAQ under the ticker symbol "ALTA."

Who are Altabancorp's major shareholders?

Altabancorp's stock is owned by a number of institutional and retail investors. Top institutional investors include Elevated Capital Advisors LLC (0.14%). Company insiders that own Altabancorp stock include & Susan Christiansen Fam Brett, Christine Maebelle Linford, Christopher Brett Christiansen, Hets Llc, Jr Fred W Fairclough, Judd J Austin, Len E Williams, Mark K Olson, Newbold Family Trust, Paul R Gunther, Robert Brent Anderson and Russell Gunther.
View institutional ownership trends for Altabancorp.

Which major investors are buying Altabancorp stock?

ALTA stock was acquired by a variety of institutional investors in the last quarter, including Elevated Capital Advisors LLC. Company insiders that have bought Altabancorp stock in the last two years include & Susan Christiansen Fam Brett, Christine Maebelle Linford, Judd J Austin, Len E Williams, and Mark K Olson.
View insider buying and selling activity for Altabancorp or or view top insider-buying stocks.

How do I buy shares of Altabancorp?

Shares of ALTA can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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What is Altabancorp's stock price today?

One share of ALTA stock can currently be purchased for approximately $44.16.

How much money does Altabancorp make?

Altabancorp has a market capitalization of $834.05 million and generates $133.17 million in revenue each year. The company earns $43.50 million in net income (profit) each year or $2.29 on an earnings per share basis.

How many employees does Altabancorp have?

Altabancorp employs 471 workers across the globe.

What is Altabancorp's official website?

The official website for Altabancorp is www.altabancorp.com.

Where are Altabancorp's headquarters?

Altabancorp is headquartered at 1 EAST MAIN STREET, AMERICAN FORK UT, 84003.

How can I contact Altabancorp?

Altabancorp's mailing address is 1 EAST MAIN STREET, AMERICAN FORK UT, 84003. The company can be reached via phone at (801) 642-3998 or via email at [email protected].