Altabancorp Stock Forecast, Price & News

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Altabancorp in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Altabancorp stock.
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Altabancorp saw a increase in short interest during the month of April. As of April 15th, there was short interest totaling 270,900 shares, an increase of 20.3% from the March 31st total of 225,100 shares. Based on an average daily trading volume, of 50,300 shares, the short-interest ratio is presently 5.4 days. Currently, 2.3% of the company's shares are sold short.
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Altabancorp is scheduled to release its next quarterly earnings announcement on Wednesday, August 4th 2021.
View our earnings forecast for Altabancorp.

Altabancorp (NASDAQ:ALTA) released its quarterly earnings results on Tuesday, April, 27th. The company reported $0.50 EPS for the quarter, meeting analysts' consensus estimates of $0.50. Altabancorp had a net margin of 33.10% and a trailing twelve-month return on equity of 12.77%.
View Altabancorp's earnings history.

Altabancorp's stock was trading at $0.66 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, ALTA stock has increased by 6,365.2% and is now trading at $42.67.
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Altabancorp announced a quarterly dividend on Wednesday, April 28th. Stockholders of record on Monday, May 10th will be given a dividend of $0.15 per share on Monday, May 17th. This represents a $0.60 annualized dividend and a dividend yield of 1.41%. The ex-dividend date is Friday, May 7th.
View Altabancorp's dividend history.

Altabancorp pays an annual dividend of $0.60 per share and currently has a dividend yield of 1.45%. The dividend payout ratio of Altabancorp is 25.75%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Altabancorp will have a dividend payout ratio of 33.33% next year. This indicates that Altabancorp will be able to sustain or increase its dividend.
View Altabancorp's dividend history.

2 Wall Street analysts have issued 12-month target prices for Altabancorp's stock. Their forecasts range from $30.00 to $46.00. On average, they anticipate Altabancorp's share price to reach $38.00 in the next twelve months. This suggests that the stock has a possible downside of 10.9%.
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Some companies that are related to Altabancorp include Independent Bank Group (IBTX), BancorpSouth Bank (BXS), International Bancshares (IBOC), Columbia Banking System (COLB), CVB Financial (CVBF), United Community Banks (UCBI), Hilltop (HTH), First Interstate BancSystem (FIBK), First BanCorp. (FBP), Live Oak Bancshares (LOB), Independent Bank (INDB), Renasant (RNST), TowneBank (TOWN), Silvergate Capital (SI) and Heartland Financial USA (HTLF).
View all of ALTA's competitors.

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

Altabancorp's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (6.26%), Wasatch Advisors Inc. (2.59%), Geode Capital Management LLC (1.40%), Soltis Investment Advisors LLC (1.01%), Northern Trust Corp (0.93%) and Renaissance Technologies LLC (0.65%). 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, Paul R Gunther, Robert Brent Anderson and Russell Gunther.
View institutional ownership trends for Altabancorp.

ALTA stock was sold by a variety of institutional investors in the last quarter, including Soltis Investment Advisors LLC, Rockefeller Capital Management L.P., Renaissance Technologies LLC, Victory Capital Management Inc., Northern Trust Corp, Bank of Montreal Can, Acadian Asset Management LLC, and Alliancebernstein L.P.. Company insiders that have sold Altabancorp company stock in the last year include Christopher Brett Christiansen, Hets Llc, Jr Fred W Fairclough, Paul R Gunther, Robert Brent Anderson, and Russell Gunther.
View insider buying and selling activity for Altabancorp or view top insider-selling stocks.

ALTA stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Russell Investments Group Ltd., Diamond Hill Capital Management Inc., The Manufacturers Life Insurance Company , IndexIQ Advisors LLC, Wasatch Advisors Inc., Panagora Asset Management Inc., and Stockman Wealth Management Inc.. 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.

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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One share of ALTA stock can currently be purchased for approximately $42.67.

Altabancorp has a market capitalization of $805.35 million and generates $134.23 million in revenue each year. The company earns $44.32 million in net income (profit) each year or $2.33 on an earnings per share basis.

Altabancorp employs 471 workers across the globe.

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

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

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]