Banner (BANR) Stock Forecast, Price & News

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Banner in the last year. There are currently 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" BANR shares.
View BANR analyst ratings or view top-rated stocks.

5 Wall Street research analysts have issued 1 year price objectives for Banner's shares. Their BANR share price forecasts range from $58.00 to $70.00. On average, they predict the company's share price to reach $65.33 in the next year. This suggests a possible upside of 44.6% from the stock's current price.
View analysts price targets for BANR or view top-rated stocks among Wall Street analysts.

Banner's stock was trading at $63.20 on January 1st, 2023. Since then, BANR shares have decreased by 28.5% and is now trading at $45.19.
View the best growth stocks for 2023 here.

Banner saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 829,600 shares, an increase of 30.3% from the April 30th total of 636,600 shares. Based on an average daily trading volume, of 219,600 shares, the short-interest ratio is presently 3.8 days. Approximately 2.5% of the company's stock are sold short.
View Banner's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 19th 2023.
View our BANR earnings forecast.

Banner Co. (NASDAQ:BANR) announced its quarterly earnings data on Tuesday, October, 19th. The financial services provider reported $1.44 EPS for the quarter, beating the consensus estimate of $1.15 by $0.29. The financial services provider earned $155.48 million during the quarter, compared to the consensus estimate of $142.45 million. Banner had a trailing twelve-month return on equity of 14.38% and a net margin of 30.36%. During the same quarter in the prior year, the firm earned $1.04 EPS.

Banner announced a quarterly dividend on Wednesday, April 19th. Investors of record on Tuesday, May 2nd will be paid a dividend of $0.48 per share on Friday, May 12th. This represents a $1.92 dividend on an annualized basis and a dividend yield of 4.25%. The ex-dividend date of this dividend is Monday, May 1st.
Read our dividend analysis for BANR.

ETFs with the largest weight of Banner (NASDAQ:BANR) stock in their portfolio include Nuveen Small Cap Select ETF (NSCS), Thrivent Small-Mid Cap ESG ETF (TSME), AdvisorShares Alpha DNA Equity Sentiment ETF (SENT), First Trust NASDAQ ABA Community Bank Index Fund (QABA), Invesco S&P SmallCap Financials ETF (PSCF), Invesco S&P SmallCap Low Volatility ETF (XSLV), SPDR S&P Regional Banking ETF (KRE) and First Trust Horizon Managed Volatility Small/Mid ETF (HSMV).

Banner (NASDAQ:BANR) pays an annual dividend of $1.92 per share and currently has a dividend yield of 4.19%. BANR has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 31.95%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, BANR will have a dividend payout ratio of 32.99% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for BANR.

Based on aggregate information from My MarketBeat watchlists, some companies that other Banner investors own include CA (CA), BlackRock (BLK), Endologix (ELGX), Chipotle Mexican Grill (CMG), Athabasca Oil (ATH), NIC (EGOV), Aegean Marine Petroleum Network (ANW), Apollo Commercial Real Estate Finance (ARI), Graham (GHM) and NextEra Energy Partners (NEP).

Banner trades on the NASDAQ under the ticker symbol "BANR."

Banner's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (14.65%), Dimensional Fund Advisors LP (6.58%), State Street Corp (4.58%), Charles Schwab Investment Management Inc. (2.58%), Geode Capital Management LLC (1.98%) and Bank of New York Mellon Corp (1.97%). Insiders that own company stock include David I Matson, James PG Mclean, John Clarence Pedersen, Kenneth William Johnson, Kevin F Riordan, Peter Conner, Roberto R Herencia and Steven W Rust.
View institutional ownership trends.

Shares of BANR stock 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 BANR stock can currently be purchased for approximately $45.19.

Banner (NASDAQ:BANR) has a market capitalization of $1.55 billion and generates $647.82 million in revenue each year. The financial services provider earns $195.38 million in net income (profit) each year or $6.01 on an earnings per share basis.

The company employs 1,977 workers across the globe.

Banner's mailing address is 10 S FIRST AVENUE, WALLA WALLA WA, 99362. The official website for the company is www.bannerbank.com. The financial services provider can be reached via phone at (509) 527-3636, via email at rich.arnold@bannerbank.com, or via fax at 509-526-8898.